Piyush Polytex Industries Pvt Ltd

Manufactures PP non-woven fabrics and trades plastic granules, with a variety of fabric products.

2005 | Kolkata, West Bengal (India) | Active
Last Updated: July 17, 2024

Piyush Polytex Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.89 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.50 Cr
  • Satisfied Charges ₹ 12.60 Cr
  • Revenue Growth 20.84%
  • Profit Growth 44.44%
  • Ebitda 22.51%
  • Net Worth 1.12%
  • Total Assets 6.67%

About Piyush Polytex Industries

Piyush Polytex Industries Pvt Ltd (PPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 November 2005 and has a history of 19 years and three months. Its registered office is in Kolkata, West Bengal, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.89 Cr.

The company currently has active open charges totaling ₹8.50 Cr. The company has closed loans amounting to ₹12.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ram Chandra and Renu Dhona serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    piyushpolytex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209WB2005PTC106294

  • Company No.

    106294

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Packaging

What products or services does Piyush Polytex Industries Pvt Ltd offer?

Piyush Polytex Industries Pvt Ltd offers a wide range of products and services, including Industrial Fabric, Anti UV Fabric, Non Woven Fabric, Non Woven Cloth, Non Woven Bag, Non Woven W Cut Bags, Packing Bag, D Cut Bag, Laminated Non Woven Fabric, BOPP Laminated Fabric.

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

Board Members (2)

NameDesignationAppointment DateStatus
Ram Chandra Country flag representing In Director 24-Nov-2005Current
Renu Dhona Country flag representing In Director 29-Mar-2010Current

Financial Performance of Piyush Polytex Industries.

Piyush Polytex Industries Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 20.84% increase. The company also saw a substantial improvement in profitability, with a 44.44% increase in profit. The company's net worth moved up by a moderate rise of 1.12%.

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
20.84%
Revenue from Operations
21.82%
Total Assets
6.67%
Profit or Loss
44.44%
Net Worth
1.12%
EBITDA
22.51%

What is the Ownership and Shareholding Structure of Piyush Polytex Industries?

In 2023, Piyush Polytex Industries 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

₹8.50 Cr

Satisfied Charges

₹12.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.50 Cr

Latest Charge Details

DateLenderAmountStatus
17 Apr 2023Others₹8.50 CrOpen
21 Sep 2017Axis Bank Limited₹6.91 CrSatisfied
06 Jun 2014Vijaya Bank₹0.80 MSatisfied
31 Aug 2007Vijaya Bank₹3.51 CrSatisfied
09 Mar 2007Vijaya Bank₹2.10 CrSatisfied

How Many Employees Work at Piyush Polytex Industries?

Piyush Polytex Industries has a workforce of 45 employees as of Mar 30, 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 Piyush Polytex Industries, 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 Piyush Polytex Industries'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 Piyush Polytex Industries

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 8.50 Cr registered on 17 Apr 2023 with Charge ID 100705593 was modified on 24 Nov 2023.

    24 Nov 2023

  • Annual General Meeting

    Piyush Polytex Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 8.50 Cr with Charge ID 100705593 was registered on 17 Apr 2023.

    17 Apr 2023

  • Balance Sheet

    Piyush Polytex Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 21 Sep 2017 via Charge ID 100133533 with Axis Bank Limited was fully satisfied on 23 Jun 2022.

    23 Jun 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 6.91 Cr registered on 21 Sep 2017 with Charge ID 100133533 was modified on 09 Nov 2020.

    09 Nov 2020

Frequently asked questions

  • Piyush Polytex Industries Pvt Ltd was incorporated on 24 Nov 2005.

  • The authorized share capital of Piyush Polytex Industries Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.89 Cr.

  • Currently 2 directors are associated with Piyush Polytex Industries Pvt Ltd.

    • Ram Dhona Chandra
    • Renu Dhona
  • As per Ministry of Corporate Affairs (Mca), the registered address of Piyush Polytex Industries Pvt Ltd is 16 Strand Road Room No. 1207B 12Th Floor Diamond Heri, Tage, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Piyush Polytex Industries Pvt Ltd is U25209WB2005PTC106294 and the company number is 106294 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Piyush Polytex Industries Pvt Ltd is https://www.piyushpolytex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Piyush Polytex Industries Pvt Ltd has risen by 20.84%.

  • As Per 2023 financial reports, 45 employees are currently employed by Piyush Polytex Industries Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Piyush Polytex Industries Pvt Ltd has experienced an upsurge of 1.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Piyush Polytex Industries Pvt Ltd amount to ₹ 8.50 Cr.

  • The most recent Balance Sheet for Piyush Polytex Industries Pvt Ltd was filed with the ROC on 31 Mar 2023.

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