Mehta Polytex Limited

This company trades in a variety of textile products, including fabrics, garments, and accessories.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 20, 2024

Mehta Polytex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.99 Cr
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 38.30%
  • Profit Growth 262.83%
  • Ebitda 142.57%
  • Net Worth 4.38%
  • Total Assets -4.74%

About Mehta Polytex

Mehta Polytex Limited (MPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 October 2012 and has a history of 12 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Mehta Polytex Private Limited. The Company is engaged in the Home & Lifestyle 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 5.00 Cr and a paid-up capital of Rs 4.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jaicky Soni, Gitanjali Patil, and Lakhan Soni serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120GJ2012PLC072376

  • Company No.

    072376

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

Who are the key members and board of directors at Mehta Polytex?

Board Members (3)

Name Designation Appointment Date Status
Jaicky Soni Country flag representing In Director 03-Aug-2023 Current
Gitanjali Patil Country flag representing In Director 31-Jan-2024 Current
Lakhan Soni Country flag representing In Director 31-Jan-2024 Current

Financial Performance of Mehta Polytex.

Mehta Polytex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.3% increase. The company also saw a substantial improvement in profitability, with a 262.83% increase in profit. The company's net worth moved up by a moderate rise of 4.38%.

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
38.30%
Revenue from Operations
38.25%
Total Assets
-4.74%
Profit or Loss
262.83%
Net Worth
4.38%
EBITDA
142.57%

What is the Ownership and Shareholding Structure of Mehta Polytex?

In 2023, Mehta Polytex had a promoter holding of 99.09% and a public holding of 0.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mehta Polytex?

Unlock and access historical data on people associated with Mehta Polytex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mehta Polytex, 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 Mehta Polytex'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 Mehta Polytex

Recent activity within the organization

  • Director Appointment

    Gitanjali Hemant Patil was appointed as a Director was appointed as a Director on 31 Jan 2024 & has been associated with this company since 1 year 17 days .

    31 Jan 2024

  • Director Appointment

    Lakhan Ishwarlal Soni was appointed as a Director was appointed as a Director on 31 Jan 2024 & has been associated with this company since 1 year 17 days .

    31 Jan 2024

  • Annual General Meeting

    Mehta Polytex Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Jaicky Ishwarlal Soni was appointed as a Director was appointed as a Director on 03 Aug 2023 & has been associated with this company since 1 year 6 months .

    03 Aug 2023

  • Balance Sheet

    Mehta Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Company Incorporation

    Mehta Polytex Limited was registered on 19 Oct 2012 with Roc Ahmedabad & aged 12 years 4 months as per MCA records.

    19 Oct 2012

Frequently asked questions

  • Mehta Polytex Limited was incorporated on 19 Oct 2012.

  • The authorized share capital of Mehta Polytex Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.99 Cr.

  • Currently 3 directors are associated with Mehta Polytex Limited.

    • Jaicky Ishwarlal Soni
    • Gitanjali Hemant Patil
    • Lakhan Ishwarlal Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mehta Polytex Limited is 23 Vrundavan Shopping Centre, Ratan Pole Golwad, Ahmedabad, Gujarat, India, 380001.

  • The corporate identification number (CIN) of Mehta Polytex Limited is U17120GJ2012PLC072376 and the company number is 072376 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mehta Polytex Limited has risen by 38.30%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mehta Polytex Limited has experienced an upsurge of 4.38%.

  • The most recent Balance Sheet for Mehta Polytex Limited was filed with the ROC on 31 Mar 2023.

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