Microplast Polytex Industries Private Limited

Produces a variety of rubber and plastic products, including woven sacks and bags for various industries.

2013 | Nagpur, Maharashtra (India) | Active
Last Updated:

Microplast Polytex Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.57 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.60 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 and two months. 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 2024. 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 ₹26.60 Cr.

Amol Shamkule, Praddyuman Roongta, Renukadevi Shyamkule, 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

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.

Company report

Microplast Polytex Industries Private Limited

Explore comprehensive data for Microplast Polytex Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (5)

NameDesignationAppointment DateStatus
Amol Shamkule Country flag representing In Director 06-Feb-2013Current
Praddyuman Roongta Country flag representing In Director 09-May-2019Current
Renukadevi Shyamkule Country flag representing In Director 06-Feb-2013Current
Prerna Meshram Country flag representing In Director 06-Feb-2013Current
Pallavi Shamkule Country flag representing In Director 06-Feb-2013Current

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%.

Microplast Polytex Industries revenue growth over time
Microplast Polytex Industries 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
-34.66%
Revenue from Operations
-35.57%
Total Assets
-19.15%
Profit or Loss
-390.86%
Net Worth
-39.96%
EBITDA
-285.84%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.60 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 26.60 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 2024Canara Bank₹3.00 MOpen
19 Oct 2022Canara Bank₹1.60 MOpen
04 Aug 2022Canara Bank₹2.20 MOpen
29 Sep 2014Canara Bank₹25.92 CrOpen

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.

Employee growth trends for Microplast Polytex Industries Private Limited

Deals i

Graph showing company valuation over time

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

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 Microplast Polytex Industries

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 0.30 Cr with Charge ID 101029106 was registered on 17 Dec 2024.

  • Charges

    A charge with Canara Bank of Rs. 25.92 Cr registered on 29 Sep 2014 with Charge ID 10525826 was modified on 17 Dec 2024.

  • Annual General Meeting

    Microplast Polytex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Microplast Polytex Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.16 Cr with Charge ID 100662495 was registered on 19 Oct 2022.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.22 Cr with Charge ID 100630106 was registered on 04 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Microplast Polytex Industries Private Limited?

    Microplast Polytex Industries Private Limited was incorporated on 06 Feb 2013.

  • What is authorized share capital and paid-up capital of Microplast Polytex Industries Private Limited?

    The authorized share capital of Microplast Polytex Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.57 Cr.

  • Who are the current board members & directors of Microplast Polytex Industries Private Limited?

    Currently 5 directors are associated with Microplast Polytex Industries Private Limited.

    • Amol Nanaji Shamkule
    • Praddyuman Roongta
    • Renukadevi Nanaji Shyamkule
    • Prerna Milind Meshram
    • Pallavi Ashok Shamkule

  • What is the registered address of Microplast Polytex Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Microplast Polytex Industries Private Limited is P/N 2 W/N 74 Ashok Colony Near Telecom Nagar Bus Stop, Nag India, Nagpur, Maharashtra, 440022.

  • What is the corporate identification number (CIN) and company number of Microplast Polytex Industries Private Limited?

    The corporate identification number (CIN) of Microplast Polytex Industries Private Limited is U74120MH2013PTC240232 and the company number is 240232 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Microplast Polytex Industries Private Limited?

    The Official website of Microplast Polytex Industries Private Limited is https://www.microplastwovens.com

  • What has been the recent revenue trend for Microplast Polytex Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Microplast Polytex Industries Private Limited has fallen by -34.66%.

  • How many employees does Microplast Polytex Industries Private Limited currently have?

    As Per 2023 financial reports, 35 employees are currently employed by Microplast Polytex Industries Private Limited.

  • What change has been observed in the net worth of Microplast Polytex Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Microplast Polytex Industries Private Limited has experienced an downturn of -39.96%.

  • What are the total open charges for Microplast Polytex Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Microplast Polytex Industries Private Limited amount to ₹ 26.60 Cr.

  • When was the last Balance Sheet of Microplast Polytex Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Microplast Polytex Industries Private Limited was filed with the ROC on 31 Mar 2024.

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