M.N.Polyester (India) Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.50 M
- Company Age 21 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.47 Cr
- Satisfied Charges ₹ 1.25 Cr
- Revenue Growth 20.65%
- Profit Growth 20.73%
- Ebitda 33.88%
- Net Worth 16.77%
- Total Assets 10.79%
About M.N.Polyester (India)
M.N.Polyester (India) Private Limited (MIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 September 2003 and has a history of 21 years and four months. Its registered office is in Coimbatore, Tamil Nadu, 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 7.50 M and a paid-up capital of Rs 7.50 M.
The company currently has active open charges totaling ₹3.47 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nandakumar Srinivasan, Sukumar Srinivasan, Marappan Venkatapathy, and One other member serve as directors at the Company.
Company Details
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24132TZ2003PLC010759
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Company No.
010759
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
09 Sep 2003
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at M.N.Polyester (India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nandakumar Srinivasan
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Director | 09-Sep-2003 | Current |
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Marappan Venkatapathy
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Director | 09-Sep-2003 | Current |
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Sukumar Srinivasan
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Director | 20-Aug-2005 | Current |
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Marappan Maheswari
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Additional Director | 01-Aug-2014 | Current |
Financial Performance of M.N.Polyester (India).
M.N.Polyester (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.65% increase. The company also saw a substantial improvement in profitability, with a 20.73% increase in profit. The company's net worth Soared by an impressive increase of 16.77%.
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What is the Ownership and Shareholding Structure of M.N.Polyester (India)?
In 2023, M.N.Polyester (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Global Coconut Farmers Producer Company LimitedMarappan Venkatapathy and Marappan Maheswari are mutual person
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Fibretuff Products India Private LimitedNandakumar Srinivasan and Sukumar Srinivasan are mutual person
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Se India Private LimitedNandakumar Srinivasan is a mutual person
Charges (Loans)
₹34.70 M
₹12.50 M
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 3.35 Cr
- The Federal Bank Limited : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2011 | The Federal Bank Limited | ₹1.20 M | Open |
| 18 Feb 2008 | Citi Bank N.A. | ₹3.35 Cr | Open |
| 14 Nov 2005 | Ing Vysya Bank Limited | ₹1.25 Cr | Satisfied |
How Many Employees Work at M.N.Polyester (India)?
M.N.Polyester (India) has a workforce of 13 employees as of Apr 09, 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 M.N.Polyester (India), 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 M.N.Polyester (India)'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.
