Polytech Millennium (India) Private Limited

Manufactures injection molded plastic products for various industries.

1991 | Thane, Maharashtra (India) | Active
Last Updated: December 27, 2024

Polytech Millennium (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.49 M
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.20 M
  • Satisfied Charges ₹ 5.76 Cr
  • Revenue Growth -22.39%
  • Profit Growth -80.55%
  • Ebitda -23.83%
  • Net Worth -38.59%
  • Total Assets -11.79%

About Polytech Millennium (India)

Polytech Millennium (India) Private Limited (PMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 October 1991 and has a history of 33 years and four months. Its registered office is in Thane, Maharashtra.

The Corporate was formerly known as Hedkan Polyplast Private Limited. 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 2.50 M and a paid-up capital of Rs 2.49 M.

The company currently has active open charges totaling ₹2.20 M. The company has closed loans amounting to ₹5.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jaigopal Shukla, Kirti Patel, and Bhogilal Patel serve as directors at the Company.

Company Details

  • Location Thane, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polytechgroup.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200MH1991PTC063646

  • Company No.

    063646

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Polytech Millennium (India) Private Limited offer?

Polytech Millennium (India) Private Limited offers a wide range of products and services, including Forged Components, Forged Automotive Components, Pharmaceutical Machines, Pharmaceutical Machinery Parts.

Who are the key members and board of directors at Polytech Millennium (India)?

Board Members (3)

Name Designation Appointment Date Status
Jaigopal Shukla Country flag representing In Director 21-Sep-1998 Current
Kirti Patel Country flag representing In Director 21-Sep-1998 Current
Bhogilal Patel Country flag representing In Director 21-Sep-1998 Current

Financial Performance of Polytech Millennium (India).

Polytech Millennium (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.39% decrease. The company also saw a substantial fall in profitability, with a 80.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.59%.

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
-22.39%
Revenue from Operations
-22.50%
Total Assets
-11.79%
Profit or Loss
-80.55%
Net Worth
-38.59%
EBITDA
-23.83%

What is the Ownership and Shareholding Structure of Polytech Millennium (India)?

In 2023, Polytech Millennium (India) had a public holding of 54.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.20 M

Satisfied Charges

₹57.58 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

Date Lender Amount Status
06 Jul 2024 Hdfc Bank Limited ₹2.20 M Open
06 Dec 2017 Others ₹9.80 M Satisfied
05 Dec 2017 Others ₹9.80 M Satisfied
23 Aug 2016 Others ₹3.98 M Satisfied
29 Jan 2011 Abhyudaya Co-Op. Bank Ltd. ₹8.00 M Satisfied

How Many Employees Work at Polytech Millennium (India)?

Polytech Millennium (India) has a workforce of 15 employees as of Apr 03, 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 Polytech Millennium (India), 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 Polytech Millennium (India)'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 Polytech Millennium (India)

Recent activity within the organization

  • Annual General Meeting

    Polytech Millennium (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.20 M with Charge ID 100976044 was registered on 06 Jul 2024.

    06 Jul 2024

  • Charges

    A charge registered on 29 Jan 2011 via Charge ID 10273862 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge registered on 13 Aug 2007 via Charge ID 10064412 with Abhyudaya Co-Operative Bank Ltd. was fully satisfied on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge registered on 08 Aug 2007 via Charge ID 10064374 with Abhyudaya Co-Operative Bank Ltd. was fully satisfied on 25 Jun 2024.

    25 Jun 2024

  • Charges

    A charge registered on 28 Jan 2000 via Charge ID 90157396 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 25 Jun 2024.

    25 Jun 2024

Frequently asked questions

  • Polytech Millennium (India) Private Limited was incorporated on 16 Oct 1991.

  • The authorized share capital of Polytech Millennium (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.49 M.

  • Currently 3 directors are associated with Polytech Millennium (India) Private Limited.

    • Jaigopal Ramashankar Shukla
    • Kirti Harjivanbhai Patel
    • Bhogilal Govindbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polytech Millennium (India) Private Limited is Plot No.1 S.No.166 A/1 Mumbai Agra National Highway No.3 Asangaon Tal.Sahapur, India, Thane, Maharashtra.

  • The corporate identification number (CIN) of Polytech Millennium (India) Private Limited is U25200MH1991PTC063646 and the company number is 063646 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polytech Millennium (India) Private Limited is https://www.polytechgroup.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polytech Millennium (India) Private Limited has fallen by -22.39%.

  • As Per 2023 financial reports, 15 employees are currently employed by Polytech Millennium (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polytech Millennium (India) Private Limited has experienced an downturn of -38.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polytech Millennium (India) Private Limited amount to ₹ 2.20 M.

  • The most recent Balance Sheet for Polytech Millennium (India) Private Limited was filed with the ROC on 31 Mar 2024.