Mittal Polyfils Private Limited

Textile manufacturing and value addition services, including embroidery, stitching, and dyeing.

2007 | Surat, Gujarat (India) | Active
Last Updated: July 26, 2024

Mittal Polyfils Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 3.35 M
  • Company Age 17 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.48 Cr
  • Revenue Growth -22.54%
  • Profit Growth -59.42%
  • Ebitda -32.69%
  • Net Worth 1.31%
  • Total Assets -10.42%

About Mittal Polyfils

Mittal Polyfils Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 June 2007 and has a history of 17 years and eight months. Its registered office is in Surat, Gujarat, 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 5.50 M and a paid-up capital of Rs 3.35 M.

The company currently has active open charges totaling ₹11.48 Cr.

Prag Mittal and Anup Mittal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17297GJ2007PTC051221

  • Company No.

    051221

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Mittal Polyfils?

Board Members (2)

NameDesignationAppointment DateStatus
Prag Mittal Country flag representing In Director 27-Jun-2007Current
Anup Mittal Country flag representing In Director 27-Jun-2007Current

Financial Performance of Mittal Polyfils.

Mittal Polyfils Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.54% decrease. The company also saw a substantial fall in profitability, with a 59.42% decrease in profit. The company's net worth moved up by a moderate rise of 1.31%.

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
-22.54%
Revenue from Operations
-22.98%
Total Assets
-10.42%
Profit or Loss
-59.42%
Net Worth
1.31%
EBITDA
-32.69%

What is the Ownership and Shareholding Structure of Mittal Polyfils?

In 2023, Mittal Polyfils had a promoter holding of 43.58% and a public holding of 56.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹114.84 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.73 Cr
  • Oriental Bank Of Commerce : 1.75 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2021Others₹3.20 MOpen
08 Feb 2017Others₹1.60 CrOpen
16 Nov 2010Oriental Bank Of Commerce₹3.54 MOpen
06 Jan 2009Others₹5.31 CrOpen
05 Jan 2009Oriental Bank Of Commerce₹1.40 CrOpen

How Many Employees Work at Mittal Polyfils?

Mittal Polyfils has a workforce of 7 employees as of Apr 06, 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 Mittal Polyfils, 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 Mittal Polyfils'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 Mittal Polyfils

Recent activity within the organization

  • Annual General Meeting

    Mittal Polyfils Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mittal Polyfils Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 53.10 M registered on 06 Jan 2009 with Charge ID 10139225 was modified on 20 Nov 2021.

    20 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 3.20 M with Charge ID 100501213 was registered on 16 Nov 2021.

    16 Nov 2021

  • Charges

    A charge with Others amounted to Rs. 16.00 M with Charge ID 100081468 was registered on 08 Feb 2017.

    08 Feb 2017

  • Charges

    A charge with Others of Rs. 25.00 M registered on 05 Jan 2009 with Charge ID 10139231 was modified on 08 Feb 2017.

    08 Feb 2017

Frequently asked questions

  • Mittal Polyfils Private Limited was incorporated on 27 Jun 2007.

  • The authorized share capital of Mittal Polyfils Private Limited is ₹ 5.50 M and paid-up capital is ₹ 3.35 M.

  • Currently 2 directors are associated with Mittal Polyfils Private Limited.

    • Prag Mittal
    • Anup Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mittal Polyfils Private Limited is Office No. 107 International Commerce Centre Building No B Nondh No. 1929/B/1/A/1 M, Ajura Gate, Surat, Gujarat, India, 395002.

  • The corporate identification number (CIN) of Mittal Polyfils Private Limited is U17297GJ2007PTC051221 and the company number is 051221 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mittal Polyfils Private Limited has fallen by -22.54%.

  • As Per 2023 financial reports, 7 employees are currently employed by Mittal Polyfils Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mittal Polyfils Private Limited has experienced an upsurge of 1.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mittal Polyfils Private Limited amount to ₹ 11.48 Cr.

  • The most recent Balance Sheet for Mittal Polyfils Private Limited was filed with the ROC on 31 Mar 2023.

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