Polycot Yarn Spinning Mills Private Limited

Produces and sells various types of fabric products in India.

2005 | Thane, Maharashtra (India) | Active
Last Updated:

Polycot Yarn Spinning Mills Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 6.00 M
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.20 Cr
  • Satisfied Charges ₹ 2.40 Cr
  • Revenue Growth -54.80%
  • Profit Growth 42.08%
  • Ebitda 84.12%
  • Net Worth -45.37%
  • Total Assets -6.28%

About Polycot Yarn Spinning Mills

Polycot Yarn Spinning Mills Private Limited (PYSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 November 2005 and has a history of 19 years and five months. Its registered office is in Thane, Maharashtra, 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 6.00 M and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹2.20 Cr. The company has closed loans amounting to ₹2.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kalpana Khairajani, Lavesh Khairajani, and Suresh Khairajani serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101MH2005PTC157233

  • Company No.

    157233

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Polycot Yarn Spinning Mills Private Limited

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

Who are the key members and board of directors at Polycot Yarn Spinning Mills?

Board Members (3)

NameDesignationAppointment DateStatus
Lavesh Khairajani Country flag representing In Director 10-Nov-2005Current
Kalpana Khairajani Country flag representing In Director 10-Nov-2005Current
Suresh Khairajani Country flag representing In Director 10-Nov-2005Current

Financial Performance of Polycot Yarn Spinning Mills.

Polycot Yarn Spinning Mills Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 54.8% decrease. The company also saw a substantial improvement in profitability, with a 42.08% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.37%.

Polycot Yarn Spinning Mills revenue growth over time
Polycot Yarn Spinning Mills 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
-54.80%
Revenue from Operations
Total Assets
-6.28%
Profit or Loss
42.08%
Net Worth
-45.37%
EBITDA
84.12%

What is the Ownership and Shareholding Structure of Polycot Yarn Spinning Mills?

In 2023, Polycot Yarn Spinning Mills 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

₹22.00 M

Satisfied Charges

₹24.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.20 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2006Canara Bank₹2.20 CrOpen
04 Feb 2006Canara Bank₹2.40 CrSatisfied

How Many Employees Work at Polycot Yarn Spinning Mills?

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

Employee growth trends for Polycot Yarn Spinning Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polycot Yarn Spinning Mills, 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 Yarn Spinning Mills'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 Yarn Spinning Mills

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 04 Feb 2006 via Charge ID 90367555 with Canara Bank was fully satisfied on 20 Sep 2024.

  • Balance Sheet

    Polycot Yarn Spinning Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Canara Bank of Rs. 24.00 M registered on 04 Feb 2006 with Charge ID 90367555 was modified on 29 Jun 2018.

  • Charges

    A charge with Canara Bank of Rs. 22.00 M registered on 03 Feb 2006 with Charge ID 80027518 was modified on 24 May 2016.

  • Charges

    A charge with Canara Bank amounted to Rs. 24.00 M with Charge ID 90367555 was registered on 04 Feb 2006.

Frequently asked questions

  • What is the Incorporation or founding date of Polycot Yarn Spinning Mills Private Limited?

    Polycot Yarn Spinning Mills Private Limited was incorporated on 10 Nov 2005.

  • What is authorized share capital and paid-up capital of Polycot Yarn Spinning Mills Private Limited?

    The authorized share capital of Polycot Yarn Spinning Mills Private Limited is ₹ 6.00 M and paid-up capital is ₹ 6.00 M.

  • Who are the current board members & directors of Polycot Yarn Spinning Mills Private Limited?

    Currently 3 directors are associated with Polycot Yarn Spinning Mills Private Limited.

    • Kalpana Suresh Khairajani
    • Lavesh Suresh Khairajani
    • Suresh Chanchaldas Khairajani
  • What is the registered address of Polycot Yarn Spinning Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polycot Yarn Spinning Mills Private Limited is D-5/135 Bhumi World Industrial Park Pimplas Bhiwandi India, Thane, Maharashtra, 421302.

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

    The corporate identification number (CIN) of Polycot Yarn Spinning Mills Private Limited is U18101MH2005PTC157233 and the company number is 157233 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Polycot Yarn Spinning Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polycot Yarn Spinning Mills Private Limited has fallen by -54.80%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Polycot Yarn Spinning Mills Private Limited has experienced an downturn of -45.37%.

  • What are the total open charges for Polycot Yarn Spinning Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Polycot Yarn Spinning Mills Private Limited amount to ₹ 2.20 Cr.

  • When was the last Balance Sheet of Polycot Yarn Spinning Mills Private Limited filed with the ROC?

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

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