Morbi Polypack Private Limited

Manufacturer of polythene woven sacks/bags for packaging in industries like cement, salt, fertilizers, and agriculture.

2009 | Rajkot, Gujarat (India) | Active
Last Updated:

Morbi Polypack Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 2.25 Cr
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 26.38 Cr
  • Revenue Growth -18.91%
  • Profit Growth 210.38%
  • Ebitda -277.44%
  • Net Worth 8.83%
  • Total Assets -78.42%

About Morbi Polypack

Morbi Polypack Private Limited (MPPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 August 2009 and has a history of 15 years and six months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Packaging 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 2.25 Cr and a paid-up capital of Rs 2.25 Cr.

The company has closed loans amounting to ₹26.38 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mayur Panara, Prabhulal Panara, and Tejas Panara serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ2009PTC057807

  • Company No.

    057807

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2009

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

Who are the key members and board of directors at Morbi Polypack?

Board Members (3)

NameDesignationAppointment DateStatus
Mayur Panara Country flag representing In Director 17-Aug-2009Current
Prabhulal Panara Country flag representing In Director 01-Feb-2010Current
Tejas Panara Country flag representing In Director 16-Aug-2010Current

Financial Performance of Morbi Polypack.

Morbi Polypack Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 18.91% decrease. The company also saw a substantial improvement in profitability, with a 210.38% increase in profit. The company's net worth moved up by a moderate rise of 8.83%.

Morbi Polypack revenue growth over time
Morbi Polypack 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
-18.91%
Revenue from Operations
-44.75%
Total Assets
-78.42%
Profit or Loss
210.38%
Net Worth
8.83%
EBITDA
-277.44%

What is the Ownership and Shareholding Structure of Morbi Polypack?

In 2020, Morbi Polypack 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

₹0

Satisfied Charges

₹26.38 Cr

Charges Breakdown by Lending Institutions

  • Rajkot Nagrik Sahkari Bank Ltd. : 9.24 Cr
  • Others : 6.02 Cr
  • Bank Of Baroda : 5.70 Cr
  • Rajkot Nagrik Sahkari Bank Ltd : 5.42 Cr

Latest Charge Details

DateLenderAmountStatus
02 Apr 2014Others₹6.02 CrSatisfied
28 Mar 2014Rajkot Nagrik Sahkari Bank Ltd₹5.42 CrSatisfied
30 Mar 2011Rajkot Nagrik Sahkari Bank Ltd.₹9.24 CrSatisfied
08 Jun 2010Bank Of Baroda₹5.70 CrSatisfied

How Many Employees Work at Morbi Polypack?

Morbi Polypack has a workforce of 5 employees as of Apr 02, 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.

Employee growth trends for Morbi Polypack Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Morbi Polypack, 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 Morbi Polypack'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 Morbi Polypack

Recent activity within the organization

  • Annual General Meeting

    Morbi Polypack Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Morbi Polypack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 02 Apr 2014 via Charge ID 10493948 with Others was fully satisfied on 15 Mar 2022.

  • Charges

    A charge registered on 28 Mar 2014 via Charge ID 10493941 with Rajkot Nagrik Sahkari Bank Ltd was fully satisfied on 15 Mar 2022.

  • Charges

    A charge registered on 30 Mar 2011 via Charge ID 10280029 with Rajkot Nagrik Sahkari Bank Ltd. was fully satisfied on 15 Mar 2022.

  • Charges

    A charge with Others of Rs. 6.02 Cr registered on 02 Apr 2014 with Charge ID 10493948 was modified on 25 Aug 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Morbi Polypack Private Limited?

    Morbi Polypack Private Limited was incorporated on 17 Aug 2009.

  • What is authorized share capital and paid-up capital of Morbi Polypack Private Limited?

    The authorized share capital of Morbi Polypack Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.25 Cr.

  • Who are the current board members & directors of Morbi Polypack Private Limited?

    Currently 3 directors are associated with Morbi Polypack Private Limited.

    • Mayur Prabhubhai Panara
    • Prabhulal Virjibhai Panara
    • Tejas Prabhubhai Panara
  • What is the registered address of Morbi Polypack Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Morbi Polypack Private Limited is S. No. 375/P2, B/H. Aegis Gas Pump Tal. Tankara India, Virpar, Gujarat, 363650.

  • What is the corporate identification number (CIN) and company number of Morbi Polypack Private Limited?

    The corporate identification number (CIN) of Morbi Polypack Private Limited is U25200GJ2009PTC057807 and the company number is 057807 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Morbi Polypack Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Morbi Polypack Private Limited has fallen by -18.91%.

  • How many employees does Morbi Polypack Private Limited currently have?

    As Per 2021 financial reports, 5 employees are currently employed by Morbi Polypack Private Limited.

  • What change has been observed in the net worth of Morbi Polypack Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Morbi Polypack Private Limited has experienced an upsurge of 8.83%.

  • When was the last Balance Sheet of Morbi Polypack Private Limited filed with the ROC?

    The most recent Balance Sheet for Morbi Polypack Private Limited was filed with the ROC on 31 Mar 2024.

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