Miku Polymers & Plastics Limited

Manufactures and distributes plastic raw materials, including engineering and commodity plastics, additives, and master-batches.

2019 | Vadodara, Gujarat (India) | Under Insolvency
Last Updated: January 15, 2025

Miku Polymers & Plastics Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 14.94 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 293.75 Cr
  • Revenue Growth -20.78%
  • Profit Growth -90.82%
  • Ebitda 25.60%
  • Net Worth -21.59%
  • Total Assets -2.59%

About Miku Polymers & Plastics

Miku Polymers & Plastics Limited (MPPL) is Under Cirp company established on 01 Mar 2019 with its office registered at Vadodara, Gujarat, India and has been running since 5 Year, 11 Months with a paid up capital of 14.94 Cr. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mikupolymers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51902GJ2019PLC106891

  • Company No.

    106891

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2019

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Miku Polymers & Plastics Limited offer?

Miku Polymers & Plastics Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Plasticizers, Organic and Inorganic Solvents, Aromatic Hydrocarbon Solvent, Plastic Chemicals, Rubber & Rubber Products, Synthetic Rubbers, Textile Finishing Chemicals, Antistatic Agents, Fire Fighting & Prevention Products.

Who are the key members and board of directors at Miku Polymers & Plastics?

Executive Team (2)

NameDesignationAppointment DateStatus
Utkarsh Hathi Country flag representing In Managing Director01-Mar-2019Current
Arpit Hathi Country flag representing In Managing Director01-Mar-2019Current

Board Members (1)

NameDesignationAppointment DateStatus
Bharat Mehta Country flag representing In Director 13-Mar-2019Current

Financial Performance of Miku Polymers & Plastics.

Miku Polymers & Plastics Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 20.78% decrease. The company also saw a substantial fall in profitability, with a 90.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.59%.

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
-20.78%
Revenue from Operations
-20.27%
Total Assets
-2.59%
Profit or Loss
-90.82%
Net Worth
-21.59%
EBITDA
25.60%

What is the Ownership and Shareholding Structure of Miku Polymers & Plastics?

In 2021, Miku Polymers & Plastics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹293.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 225.75 Cr
  • State Bank Of India : 68.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2021Others₹1.30 CrOpen
18 Dec 2020Others₹51.00 CrOpen
26 Nov 2020Others₹51.00 CrOpen
14 May 2020Others₹51.00 CrOpen
28 Mar 2019Others₹36.70 CrOpen

How Many Employees Work at Miku Polymers & Plastics?

Miku Polymers & Plastics has a workforce of 10 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Miku Polymers & Plastics, 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 Miku Polymers & Plastics'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 Miku Polymers & Plastics

Recent activity within the organization

  • Annual General Meeting

    Miku Polymers & Plastics Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Miku Polymers & Plastics Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.

    31 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 1.30 Cr with Charge ID 100426102 was registered on 26 Feb 2021.

    26 Feb 2021

  • Charges

    A charge with Others amounted to Rs. 51.00 Cr with Charge ID 100400152 was registered on 18 Dec 2020.

    18 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 51.00 Cr with Charge ID 100396461 was registered on 26 Nov 2020.

    26 Nov 2020

  • Charges

    A charge with Others amounted to Rs. 51.00 Cr with Charge ID 100400159 was registered on 14 May 2020.

    14 May 2020

Frequently asked questions

  • Miku Polymers & Plastics Limited was incorporated on 01 Mar 2019.

  • The authorized share capital of Miku Polymers & Plastics Limited is ₹ 22.00 Cr and paid-up capital is ₹ 14.94 Cr.

  • Currently 3 directors are associated with Miku Polymers & Plastics Limited.

    • Bharat Dhirajlal Mehta
    • Utkarsh Malvik Hathi
    • Arpit Malvik Hathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Miku Polymers & Plastics Limited is 518 Yakshkamal Building Station Road, India, Vadodara, Gujarat, 390020.

  • The corporate identification number (CIN) of Miku Polymers & Plastics Limited is U51902GJ2019PLC106891 and the company number is 106891 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Miku Polymers & Plastics Limited is https://www.mikupolymers.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Miku Polymers & Plastics Limited has fallen by -20.78%.

  • As Per 2021 financial reports, 10 employees are currently employed by Miku Polymers & Plastics Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Miku Polymers & Plastics Limited has experienced an downturn of -21.59%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Miku Polymers & Plastics Limited amount to ₹ 293.75 Cr.

  • The most recent Balance Sheet for Miku Polymers & Plastics Limited was filed with the ROC on 31 Mar 2021.

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