Meenar Polydyed Yarns Limited

This company produces dyed yarns for various sectors using different processes and operates one unit in Uttar Pradesh.

2003 | Kolkata, West Bengal (India) | Active
Last Updated: July 27, 2024

Meenar Polydyed Yarns Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 9.65 M
  • Company Age 21 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37.33 Cr
  • Satisfied Charges ₹ 15.37 Cr
  • Revenue Growth -3.01%
  • Profit Growth 5.41%
  • Ebitda 10.13%
  • Net Worth 12.88%
  • Total Assets 11.04%

About Meenar Polydyed Yarns

Meenar Polydyed Yarns Limited (MPYL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 2003 and has a history of 21 years and ten months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 9.65 M.

The company currently has active open charges totaling ₹37.33 Cr. The company has closed loans amounting to ₹15.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aftab Alam, Nesar Alam, Mahtab Alam, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17297WB2003PLC062870

  • Company No.

    062870

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

Who are the key members and board of directors at Meenar Polydyed Yarns?

Board Members (8)

Name Designation Appointment Date Status
Aftab Alam Country flag representing In Director 27-Sep-2006 Current
Nesar Alam Country flag representing In Director 04-Oct-2006 Current
Mahtab Alam Country flag representing In Director 27-Sep-2006 Current
Akhlak Alam Country flag representing In Director 04-Oct-2006 Current
Naqeeb Alam Country flag representing In Director 27-Jun-2011 Current
Abrar Alam Country flag representing In Director 27-Jun-2011 Current

Financial Performance of Meenar Polydyed Yarns.

Meenar Polydyed Yarns Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.01% decrease. The company also saw a slight improvement in profitability, with a 5.41% increase in profit. The company's net worth Soared by an impressive increase of 12.88%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-3.01%
Revenue from Operations
-3.07%
Total Assets
11.04%
Profit or Loss
5.41%
Net Worth
12.88%
EBITDA
10.13%

What is the Ownership and Shareholding Structure of Meenar Polydyed Yarns?

In 2023, Meenar Polydyed Yarns had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.33 Cr

Satisfied Charges

₹15.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.21 Cr
  • Hdfc Bank Limited : 14.84 Cr
  • Sidbi : 6.28 Cr

Latest Charge Details

Date Lender Amount Status
16 Nov 2021 Sidbi ₹5.00 M Open
26 Aug 2021 Hdfc Bank Limited ₹14.84 Cr Open
05 Mar 2021 Sidbi ₹1.07 Cr Open
05 Mar 2021 Sidbi ₹1.29 Cr Open
04 Mar 2021 Sidbi ₹8.60 M Open

How Many Employees Work at Meenar Polydyed Yarns?

Meenar Polydyed Yarns has a workforce of 139 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Meenar Polydyed Yarns, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Meenar Polydyed Yarns's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Meenar Polydyed Yarns

Recent activity within the organization

  • Annual General Meeting

    Meenar Polydyed Yarns Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Meenar Polydyed Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 28 Jan 2020 via Charge ID 100321855 with Others was fully satisfied on 18 Jul 2022.

    18 Jul 2022

  • Charges

    A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 100499934 was registered on 16 Nov 2021.

    16 Nov 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 14.84 Cr with Charge ID 100488599 was registered on 26 Aug 2021.

    26 Aug 2021

  • Charges

    A charge with Sidbi amounted to Rs. 1.07 Cr with Charge ID 100421309 was registered on 05 Mar 2021.

    05 Mar 2021

Frequently asked questions

  • Meenar Polydyed Yarns Limited was incorporated on 21 Mar 2003.

  • The authorized share capital of Meenar Polydyed Yarns Limited is ₹ 2.25 Cr and paid-up capital is ₹ 9.65 M.

  • Currently 8 directors are associated with Meenar Polydyed Yarns Limited.

    • Aftab Alam
    • Nesar Alam
    • Mahtab Alam
    • Akhlak Alam
    • Naqeeb Alam
    • Abrar Alam
    • Dilshad Alam
    • Qavi Alam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meenar Polydyed Yarns Limited is 9 Jag Mohan Mullick Lane, Kolkata, West Bengal, India, 700007.

  • The corporate identification number (CIN) of Meenar Polydyed Yarns Limited is U17297WB2003PLC062870 and the company number is 062870 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Meenar Polydyed Yarns Limited is https://www.meenar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Meenar Polydyed Yarns Limited has fallen by -3.01%.

  • As Per 2023 financial reports, 139 employees are currently employed by Meenar Polydyed Yarns Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Meenar Polydyed Yarns Limited has experienced an upsurge of 12.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Meenar Polydyed Yarns Limited amount to ₹ 37.33 Cr.

  • The most recent Balance Sheet for Meenar Polydyed Yarns Limited was filed with the ROC on 31 Mar 2023.

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