Muscat Polymers Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
- Paid Up Capital ₹ 8.67 Cr
- Company Age 31 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 114.66 Cr
- Satisfied Charges ₹ 47.35 Cr
- Revenue Growth 2.79%
- Profit Growth 338.41%
- Ebitda -42.97%
- Net Worth 4.90%
- Total Assets 8.61%
About Muscat Polymers
Muscat Polymers Pvt Ltd (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 February 1994 and has a history of 31 years and three months. Its registered office is in Rajkot, 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 2024. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 8.67 Cr.
The company currently has active open charges totaling ₹114.66 Cr. The company has closed loans amounting to ₹47.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Minaxi Kothary, Shrenik Doshi, Niraj Doshi, and One other member 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
U17119GJ1994PTC021183
- Company No.
021183
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Feb 1994
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Muscat Polymers Pvt Ltd offer?
Muscat Polymers Pvt Ltd offers a wide range of products and services, including Bulk Bags & Sacks, Woven Sacks, Cotton, Jute & Canvas Bags, Fabric Bag, Woven Bags, Tents, Tarpaulins & PE Covers, Tarpaulins, Jumbo Bags, FIBC Bags, Purse.
Muscat Polymers Pvt Ltd
Explore comprehensive data for Muscat Polymers Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Muscat Polymers?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Minaxi Kothary  | Director | 01-Apr-1998 | Current |
Shrenik Doshi  | Director | 01-Jul-2014 | Current |
| Niraj Doshi | Whole-Time Director | 01-Apr-1998 | Current |
| Rajivkumar Doshi | Director | 01-Apr-1998 | Current |
Financial Performance of Muscat Polymers.
Muscat Polymers Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 2.79% increase. The company also saw a substantial improvement in profitability, with a 338.41% increase in profit. The company's net worth moved up by a moderate rise of 4.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Muscat Polymers?
In 2023, Muscat Polymers 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)
Eb5 India Advisory Private LimitedShrenik Doshi and Niraj Doshi are mutual person
R K Doshi & Co LlpRajivkumar Doshi is a mutual person
Riddhi Siddhi Poly Fab Private LimitedMinaxi Kothary, Shrenik Doshi and 1 more are mutual person
- Mina P0ly-Pack Private Limited
Minaxi Kothary, Shrenik Doshi and 1 more are mutual person
- Progro Management Consultants Pvt Ltd
Shrenik Doshi and Niraj Doshi are mutual person
- Acumen Turnomatics Private Limited
Shrenik Doshi is a mutual person
Charges (Loans)
Open Charges
₹114.66 Cr
Satisfied Charges
₹47.35 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 114.66 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2013 | Hdfc Bank Limited | ₹57.33 Cr | Open |
| 27 Sep 2013 | Hdfc Bank Limited | ₹57.33 Cr | Open |
| 29 Sep 2008 | Development Credit Bank Limited | ₹1.00 M | Satisfied |
| 03 Jun 2006 | Development Credit Bank Limited | ₹23.63 Cr | Satisfied |
| 09 Jan 2006 | Development Credit Bank Limited | ₹23.63 Cr | Satisfied |
How Many Employees Work at Muscat Polymers?
Muscat Polymers has a workforce of 104 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Muscat Polymers, 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 Muscat Polymers'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.
Latest Updates, News, and FAQs on Muscat Polymers
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 57.33 Cr registered on 27 Dec 2013 with Charge ID 10468408 was modified on 07 Oct 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 57.33 Cr registered on 27 Sep 2013 with Charge ID 10452444 was modified on 25 Sep 2024.
- Annual General Meeting
Muscat Polymers Pvt Ltd last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.
- Balance Sheet
Muscat Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Shrenik Rajivkumar Doshi was appointed as a Director was appointed as a Director on 01 Jul 2014 & has been associated with this company since 10 years 10 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 57.33 Cr with Charge ID 10468408 was registered on 27 Dec 2013.
Frequently asked questions
What is the Incorporation or founding date of Muscat Polymers Pvt Ltd?
Muscat Polymers Pvt Ltd was incorporated on 01 Feb 1994.
What is authorized share capital and paid-up capital of Muscat Polymers Pvt Ltd?
The authorized share capital of Muscat Polymers Pvt Ltd is ₹ 9.00 Cr and paid-up capital is ₹ 8.67 Cr.
Who are the current board members & directors of Muscat Polymers Pvt Ltd?
Currently 4 directors are associated with Muscat Polymers Pvt Ltd.
- Minaxi Madhookar Kothary
- Shrenik Rajivkumar Doshi
- Niraj Kishorbhai Doshi
- Rajivkumar Kishorchandra Doshi
What is the registered address of Muscat Polymers Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Muscat Polymers Pvt Ltd is Doshi Corporate Park Plot No.3 C.S No.3320/E-3 Nr. Utkarsh School Opp.Satnam Hospital, Aksha R Marg End India, Rajkot, Gujarat, 360001.
What is the corporate identification number (CIN) and company number of Muscat Polymers Pvt Ltd?
The corporate identification number (CIN) of Muscat Polymers Pvt Ltd is U17119GJ1994PTC021183 and the company number is 021183 as per Ministry of Corporate Affairs (MCA).
What is the official website of Muscat Polymers Pvt Ltd?
The Official website of Muscat Polymers Pvt Ltd is https://www.muscatpolymers.com
What has been the recent revenue trend for Muscat Polymers Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Muscat Polymers Pvt Ltd has risen by 2.79%.
How many employees does Muscat Polymers Pvt Ltd currently have?
As Per 2023 financial reports, 104 employees are currently employed by Muscat Polymers Pvt Ltd.
What change has been observed in the net worth of Muscat Polymers Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Muscat Polymers Pvt Ltd has experienced an upsurge of 4.90%.
What are the total open charges for Muscat Polymers Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Muscat Polymers Pvt Ltd amount to ₹ 114.66 Cr.
When was the last Balance Sheet of Muscat Polymers Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Muscat Polymers Pvt Ltd was filed with the ROC on 31 Mar 2024.
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