Microplast Polytex Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.57 Cr
- Company Age 12 Year, 18 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 24.80 Cr
- Revenue Growth -34.66%
- Profit Growth -390.86%
- Ebitda -285.84%
- Net Worth -39.96%
- Total Assets -19.15%
About Microplast Polytex Industries
Microplast Polytex Industries Private Limited (MPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 2013 and has a history of 12 years. Its registered office is in Nagpur, Maharashtra, India.
The Company is engaged in the Packaging 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 3.57 Cr.
The company currently has active open charges totaling ₹24.80 Cr.
Praddyuman Roongta, Renukadevi Shyamkule, Prerna Meshram, and Two other members serve as directors at the Company.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74120MH2013PTC240232
- Company No.
240232
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Feb 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Microplast Polytex Industries Private Limited offer?
Microplast Polytex Industries Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Industrial Fabric, Bulk Bags & Sacks, Agricultural Bags, Woven Bags, Woven Sacks, Polypropylene Woven Fabric, Polypropylene Woven Sacks.
Who are the key members and board of directors at Microplast Polytex Industries?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Praddyuman Roongta  | Director | 09-May-2019 | Current |
| Renukadevi Shyamkule | Director | 06-Feb-2013 | Current |
| Prerna Meshram | Director | 06-Feb-2013 | Current |
| Pallavi Shamkule | Director | 06-Feb-2013 | Current |
| Amol Shamkule | Director | 06-Feb-2013 | Current |
Financial Performance of Microplast Polytex Industries.
Microplast Polytex Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.66% decrease. The company also saw a substantial fall in profitability, with a 390.86% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.96%.
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What is the Ownership and Shareholding Structure of Microplast Polytex Industries?
In 2023, Microplast Polytex Industries had a promoter holding of 56.77% and a public holding of 43.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Multiweaves Polyfibers Private LimitedPraddyuman Roongta is a mutual person
Charges (Loans)
₹24.80 Cr
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 24.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2022 | Canara Bank | ₹1.60 M | Open |
| 04 Aug 2022 | Canara Bank | ₹2.20 M | Open |
| 29 Sep 2014 | Canara Bank | ₹24.42 Cr | Open |
How Many Employees Work at Microplast Polytex Industries?
Microplast Polytex Industries has a workforce of 35 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Microplast Polytex Industries, 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 Microplast Polytex Industries's trajectory.
Rating
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
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.
