Modern Polytex Limited

Produces yarn through manufacturing processes.

2011 | Bhilwara, Rajasthan (India) | Active
Last Updated: January 01, 2025

Modern Polytex Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 12 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -87.08%
  • Profit Growth -78.35%
  • Ebitda 68.97%
  • Net Worth -13.15%
  • Total Assets -14.12%

About Modern Polytex

Modern Polytex Limited (MPL) is a Public Limited Indian Non-Government Company incorporated in India on 20 January 2011 and has a history of 14 years. Its registered office is in Bhilwara, Rajasthan, 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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Modern Polytex Limited India is Manju Jangid as COMPANY SECRETARY. Rajesh Ranka, Ravi Soni, Ram Tak, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119RJ2011PLC033907

  • Company No.

    033907

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

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

Executive Team (2)

Name Designation Appointment Date Status
Rajesh Ranka Country flag representing In Managing Director 19-Dec-2017 Current
Manju Jangid Company Secretary 01-Jan-2018 Current

Board Members (4)

Name Designation Appointment Date Status
Ravi Soni Country flag representing In Director 30-Mar-2018 Current
Ram Tak Country flag representing In Director 01-Jul-2018 Current
Pushpa Devi Country flag representing In Director 06-Sep-2021 Current
Rahul Chasta Country flag representing In Director 05-Jan-2024 Current

Financial Performance of Modern Polytex.

Modern Polytex Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 87.08% decrease. The company also saw a substantial fall in profitability, with a 78.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.15%.

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
-87.08%
Revenue from Operations
-95.30%
Total Assets
-14.12%
Profit or Loss
-78.35%
Net Worth
-13.15%
EBITDA
68.97%

What is the Ownership and Shareholding Structure of Modern Polytex?

In 2019, Modern Polytex had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Modern Polytex?

Modern Polytex has a workforce of 9 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 Modern Polytex, 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 Modern Polytex'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 Modern Polytex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Modern Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Director Appointment

    Rahul Chasta was appointed as a Director was appointed as a Director on 05 Jan 2024 & has been associated with this company since 1 year 27 days .

    05 Jan 2024

  • Director Appointment

    Pushpa Devi was appointed as a Director was appointed as a Director on 06 Sep 2021 & has been associated with this company since 3 years 4 months .

    06 Sep 2021

  • Director Appointment

    Ram Gopal Tak was appointed as a Director was appointed as a Director on 01 Jul 2018 & has been associated with this company since 6 years 7 months .

    01 Jul 2018

  • Director Appointment

    Ravi Kumar Soni was appointed as a Director was appointed as a Director on 30 Mar 2018 & has been associated with this company since 6 years 10 months .

    30 Mar 2018

Frequently asked questions

  • Modern Polytex Limited was incorporated on 20 Jan 2011.

  • The authorized share capital of Modern Polytex Limited is ₹ 25.00 Cr and paid-up capital is ₹ 0.50 M.

  • Currently 6 directors are associated with Modern Polytex Limited.

    • Rajesh Ranka
    • Ravi Kumar Soni
    • Ram Gopal Tak
    • Pushpa Devi
    • Rahul Chasta
    • Manju Jangid
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Polytex Limited is Modern Woollens Pragati Path India, Bhilwara, Rajasthan, 311001.

  • The corporate identification number (CIN) of Modern Polytex Limited is U17119RJ2011PLC033907 and the company number is 033907 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Modern Polytex Limited has fallen by -87.08%.

  • As Per 2020 financial reports, 9 employees are currently employed by Modern Polytex Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Modern Polytex Limited has experienced an downturn of -13.15%.

  • The most recent Balance Sheet for Modern Polytex Limited was filed with the ROC on 31 Mar 2024.

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