Mohit Polytech Private Limited

Manufacturer of HDPE pipes and sprinkler systems for agriculture, fiber optic cables, and irrigation.

2002 | Jaipur, Rajasthan (India) | Active
Last Updated: November 15, 2024

Mohit Polytech Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.27 Cr
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.78 Cr
  • Satisfied Charges ₹ 14.76 Cr
  • Revenue Growth 26.44%
  • Profit Growth 106.01%
  • Ebitda 70.20%
  • Net Worth 33.11%
  • Total Assets -13.47%

About Mohit Polytech

Mohit Polytech Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2002 and has a history of 22 years and five months. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Agriculture 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 3.00 Cr and a paid-up capital of Rs 2.27 Cr.

The company currently has active open charges totaling ₹30.78 Cr. The company has closed loans amounting to ₹14.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sarwan Sharma, Harish Sharma, Aastha Sharma, and One other member serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209RJ2002PTC017769

  • Company No.

    017769

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Agriculture
Manufacturing

What products or services does Mohit Polytech Private Limited offer?

Mohit Polytech Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, Agricultural Pipes, Irrigation and Harvesting Machines, Drip Irrigation Pipes, Hoses & Hose Fittings, Plastic Hose & Fittings, Plumbing Pipe, Sprinkler Irrigation System, Sprinkling System, Underground HDPE Pipes.

Who are the key members and board of directors at Mohit Polytech?

Board Members (4)

Name Designation Appointment Date Status
Sarwan Sharma Country flag representing In Director 29-Aug-2007 Current
Harish Sharma Country flag representing In Additional Director 01-Jul-2024 Current
Aastha Sharma Country flag representing In Additional Director 01-Jul-2024 Current
Mohit Sharma Country flag representing In Additional Director 01-Jul-2024 Current

Financial Performance of Mohit Polytech.

Mohit Polytech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.44% increase. The company also saw a substantial improvement in profitability, with a 106.01% increase in profit. The company's net worth Soared by an impressive increase of 33.11%.

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
26.44%
Revenue from Operations
27.21%
Total Assets
-13.47%
Profit or Loss
106.01%
Net Worth
33.11%
EBITDA
70.20%

What is the Ownership and Shareholding Structure of Mohit Polytech?

In 2023, Mohit Polytech had a promoter holding of 84.73% and a public holding of 15.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.78 Cr

Satisfied Charges

₹14.76 Cr

Charges Breakdown by Lending Institutions

  • Others : 26.96 Cr
  • Sidbi : 2.35 Cr
  • Rajasthan Financial Corporation : 1.40 Cr
  • Icici Bank Limited : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
23 Feb 2024 Others ₹1.00 Cr Open
19 Feb 2024 Sidbi ₹2.35 Cr Open
29 Oct 2022 Others ₹2.50 Cr Open
10 Mar 2022 Others ₹9.76 M Open
23 Oct 2021 Others ₹6.55 M Open

How Many Employees Work at Mohit Polytech?

Mohit Polytech has a workforce of 16 employees as of Apr 05, 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 Mohit Polytech, 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 Mohit Polytech'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 Mohit Polytech

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 19.20 Cr registered on 28 Jan 2021 with Charge ID 100431505 was modified on 30 Aug 2024.

    30 Aug 2024

  • Director Appointment

    Harish Sharma was appointed as a Additional Director was appointed as a Additional Director on 01 Jul 2024 & has been associated with this company since 7 months 3 days .

    01 Jul 2024

  • Director Appointment

    Aastha Sharma was appointed as a Additional Director was appointed as a Additional Director on 01 Jul 2024 & has been associated with this company since 7 months 3 days .

    01 Jul 2024

  • Director Appointment

    Mohit Sharma was appointed as a Additional Director was appointed as a Additional Director on 01 Jul 2024 & has been associated with this company since 7 months 3 days .

    01 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100880459 was registered on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge with Sidbi amounted to Rs. 2.35 Cr with Charge ID 100867417 was registered on 19 Feb 2024.

    19 Feb 2024

Frequently asked questions

  • Mohit Polytech Private Limited was incorporated on 19 Aug 2002.

  • The authorized share capital of Mohit Polytech Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.27 Cr.

  • Currently 4 directors are associated with Mohit Polytech Private Limited.

    • Sarwan Kumar Sharma
    • Harish Sharma
    • Aastha Sharma
    • Mohit Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mohit Polytech Private Limited is F-139 Road No. 6 Riico Industrial Area, Bindayaka India, Jaipur, Rajasthan, 302012.

  • The corporate identification number (CIN) of Mohit Polytech Private Limited is U25209RJ2002PTC017769 and the company number is 017769 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mohit Polytech Private Limited is https://www.mohitpolytech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mohit Polytech Private Limited has risen by 26.44%.

  • As Per 2023 financial reports, 16 employees are currently employed by Mohit Polytech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mohit Polytech Private Limited has experienced an upsurge of 33.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mohit Polytech Private Limited amount to ₹ 30.78 Cr.

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

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