Shyam Polytex Pvt Ltd

Trading cotton bales and yarn, part of Shyam Group, incorporated in 1985.

1985 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 17, 2024

Shyam Polytex Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 4.89 M
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.77 Cr
  • Satisfied Charges ₹ 8.75 Cr
  • Revenue Growth -13.84%
  • Profit Growth -21.22%
  • Ebitda -16.65%
  • Net Worth 14.60%
  • Total Assets -11.27%

About Shyam Polytex

Shyam Polytex Pvt Ltd (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 December 1985 and has a history of 39 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Home & Lifestyle 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 1.50 Cr and a paid-up capital of Rs 4.89 M.

The company currently has active open charges totaling ₹13.77 Cr. The company has closed loans amounting to ₹8.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hanumanprasad Gupta and Vinay Gupta serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ1985PTC008295

  • Company No.

    008295

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1985

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

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

Board Members (2)

Name Designation Appointment Date Status
Hanumanprasad Gupta Country flag representing In Director 01-Sep-1990 Current
Vinay Gupta Country flag representing In Director 18-Mar-2002 Current

Financial Performance of Shyam Polytex.

Shyam Polytex Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.84% decrease. The company also saw a substantial fall in profitability, with a 21.22% decrease in profit. The company's net worth Soared by an impressive increase of 14.6%.

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
-13.84%
Revenue from Operations
-13.86%
Total Assets
-11.27%
Profit or Loss
-21.22%
Net Worth
14.60%
EBITDA
-16.65%

What is the Ownership and Shareholding Structure of Shyam Polytex?

In 2023, Shyam Polytex 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

₹13.77 Cr

Satisfied Charges

₹8.75 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.77 Cr

Latest Charge Details

Date Lender Amount Status
14 Nov 2018 Hdfc Bank Limited ₹5.00 Cr Open
02 Nov 2018 Hdfc Bank Limited ₹8.77 Cr Open
21 Mar 2008 Punjab National Bank ₹4.00 Cr Satisfied
18 Oct 2007 Punjab National Bank ₹4.00 Cr Satisfied
09 Nov 2005 State Bank Of Mysore ₹3.00 M Satisfied

How Many Employees Work at Shyam Polytex?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shyam Polytex, 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 Shyam Polytex'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 Shyam Polytex

Recent activity within the organization

  • Annual General Meeting

    Shyam Polytex Pvt Ltd last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Shyam Polytex Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.77 Cr registered on 02 Nov 2018 with Charge ID 100221704 was modified on 18 Feb 2022.

    18 Feb 2022

  • Charges

    A charge registered on 21 Mar 2008 via Charge ID 10106718 with Punjab National Bank was fully satisfied on 27 Nov 2018.

    27 Nov 2018

  • Charges

    A charge registered on 18 Oct 2007 via Charge ID 10084401 with Punjab National Bank was fully satisfied on 27 Nov 2018.

    27 Nov 2018

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100221057 was registered on 14 Nov 2018.

    14 Nov 2018

Frequently asked questions

  • Shyam Polytex Pvt Ltd was incorporated on 03 Dec 1985.

  • The authorized share capital of Shyam Polytex Pvt Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 4.89 M.

  • Currently 2 directors are associated with Shyam Polytex Pvt Ltd.

    • Hanumanprasad Lalchand Gupta
    • Vinay Hanumanprasad Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shyam Polytex Pvt Ltd is 904-A Ninth Floor Sakar Ix Ashram Road, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Shyam Polytex Pvt Ltd is U25209GJ1985PTC008295 and the company number is 008295 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shyam Polytex Pvt Ltd is https://www.shyamgroup.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shyam Polytex Pvt Ltd has fallen by -13.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shyam Polytex Pvt Ltd has experienced an upsurge of 14.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shyam Polytex Pvt Ltd amount to ₹ 13.77 Cr.

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

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