Polycot Textile Private Limited

Manufactures and trades various fabrics made from natural and synthetic fibers.

2017 | Surat, Gujarat (India) | Active
Last Updated:

Polycot Textile Profile

Key Indicators

  • Authorised Capital ₹ 3.10 M
  • Paid Up Capital ₹ 2.90 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.93 Cr
  • Revenue Growth 77.64%
  • Profit Growth -35.45%
  • Ebitda 46.39%
  • Net Worth 41.86%
  • Total Assets 38.03%

About Polycot Textile

Polycot Textile Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 January 2017 (Eight years and two months 27 days old ). Its registered office is in Surat, 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 3.10 M and a paid-up capital of Rs 2.90 M.

The company currently has active open charges totaling ₹7.93 Cr.

Khushboo Chourdia and Dipak Chourdiya serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17299GJ2017PTC095184

  • Company No.

    095184

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Polycot Textile Private Limited

Explore comprehensive data for Polycot Textile Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Polycot Textile?

Board Members (2)

NameDesignationAppointment DateStatus
Khushboo Chourdia Country flag representing In Director 08-Apr-2022Current
Dipak Chourdiya Country flag representing In Director 18-Jan-2017Current

Financial Performance of Polycot Textile.

Polycot Textile Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.64% increase. The company also saw a substantial fall in profitability, with a 35.45% decrease in profit. The company's net worth Soared by an impressive increase of 41.86%.

Polycot Textile revenue growth over time
Polycot Textile 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
77.64%
Revenue from Operations
77.66%
Total Assets
38.03%
Profit or Loss
-35.45%
Net Worth
41.86%
EBITDA
46.39%

What is the Ownership and Shareholding Structure of Polycot Textile?

In 2023, Polycot Textile had a promoter holding of 46.97% and a public holding of 53.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.31 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 6.70 Cr
  • Sidbi : 1.23 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Others₹7.16 MOpen
20 Feb 2024Sidbi₹3.33 MOpen
29 Nov 2023Sidbi₹9.01 MOpen
11 Feb 2022Others₹1.89 CrOpen
27 Jul 2017Others₹4.09 CrOpen

How Many Employees Work at Polycot Textile?

Unlock and access historical data on people associated with Polycot Textile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Polycot Textile Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polycot Textile, 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 Polycot Textile'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 Polycot Textile

Recent activity within the organization

  • Annual General Meeting

    Polycot Textile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 7.16 M with Charge ID 100988915 was registered on 29 Aug 2024.

  • Balance Sheet

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

  • Charges

    A charge with Sidbi amounted to Rs. 3.33 M with Charge ID 100881390 was registered on 20 Feb 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 9.01 M with Charge ID 100819284 was registered on 29 Nov 2023.

  • Charges

    A charge with Others of Rs. 40.90 M registered on 27 Jul 2017 with Charge ID 100114962 was modified on 03 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Polycot Textile Private Limited?

    Polycot Textile Private Limited was incorporated on 18 Jan 2017.

  • What is authorized share capital and paid-up capital of Polycot Textile Private Limited?

    The authorized share capital of Polycot Textile Private Limited is ₹ 3.10 M and paid-up capital is ₹ 2.90 M.

  • Who are the current board members & directors of Polycot Textile Private Limited?

    Currently 2 directors are associated with Polycot Textile Private Limited.

    • Khushboo Dipak Chourdia
    • Dipak Chourdiya

  • What is the registered address of Polycot Textile Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polycot Textile Private Limited is 346 Avadh Arena Vip Road Vesu, India, Surat, Gujarat, 395007.

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

    The corporate identification number (CIN) of Polycot Textile Private Limited is U17299GJ2017PTC095184 and the company number is 095184 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Polycot Textile Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polycot Textile Private Limited has risen by 77.64%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Polycot Textile Private Limited has experienced an upsurge of 41.86%.

  • What are the total open charges for Polycot Textile Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Polycot Textile Private Limited amount to ₹ 7.93 Cr.

  • When was the last Balance Sheet of Polycot Textile Private Limited filed with the ROC?

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

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