Srv Polytex Private Limited

Texturizing polyester yarn since 1997, based in Maharashtra.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Srv Polytex Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.27 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 82.55 Cr
  • Revenue Growth -88.67%
  • Profit Growth -92.63%
  • Ebitda -138.59%
  • Net Worth 1.41%
  • Total Assets 1.53%

About Srv Polytex

Srv Polytex Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 1997 and has a history of 27 years and 11 months. Its registered office is in Mumbai, 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.27 Cr.

The company has closed loans amounting to ₹82.55 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chintan Shah, Sudhir Shah, Rajendra Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45100MH1997PTC106705

  • Company No.

    106705

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Mar 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Board Members (5)

NameDesignationAppointment DateStatus
Chintan Shah Country flag representing In Director 21-Jun-2023Current
Sudhir Shah Country flag representing In Whole-Time Director 19-Mar-1997Current
Rajendra Shah Country flag representing In Whole-Time Director 19-Mar-1997Current
Rita Shah Country flag representing In Director 19-Mar-1997Current
Veena Shah Country flag representing In Director 19-Mar-1997Current

Financial Performance of Srv Polytex.

Srv Polytex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 88.67% decrease. The company also saw a substantial fall in profitability, with a 92.63% decrease in profit. The company's net worth moved up by a moderate rise of 1.41%.

Srv Polytex revenue growth over time
Srv Polytex 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
-88.67%
Revenue from Operations
Total Assets
1.53%
Profit or Loss
-92.63%
Net Worth
1.41%
EBITDA
-138.59%

What is the Ownership and Shareholding Structure of Srv Polytex?

In 2023, Srv 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

₹0

Satisfied Charges

₹82.55 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 38.40 Cr
  • Andhra Bank : 25.00 Cr
  • State Bank Of India : 19.15 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2016Andhra Bank₹25.00 CrSatisfied
28 May 2014State Bank Of India₹5.00 MSatisfied
02 May 2013State Bank Of India₹18.65 CrSatisfied
23 May 2008Bank Of India₹1.40 CrSatisfied
23 Aug 2006Bank Of India₹9.20 CrSatisfied

How Many Employees Work at Srv Polytex?

Srv Polytex has a workforce of 52 employees as of Mar 31, 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.

Employee growth trends for Srv Polytex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Srv 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 Srv 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 Srv Polytex

Recent activity within the organization

  • Annual General Meeting

    Srv Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Chintan Rajendra Shah was appointed as a Director was appointed as a Director on 21 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Charges

    A charge registered on 10 Feb 2016 via Charge ID 10624346 with Andhra Bank was fully satisfied on 12 May 2023.

  • Balance Sheet

    Srv Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 28 May 2014 via Charge ID 10548698 with State Bank Of India was fully satisfied on 01 Mar 2016.

  • Charges

    A charge registered on 02 May 2013 via Charge ID 10428503 with State Bank Of India was fully satisfied on 01 Mar 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Srv Polytex Private Limited?

    Srv Polytex Private Limited was incorporated on 19 Mar 1997.

  • What is authorized share capital and paid-up capital of Srv Polytex Private Limited?

    The authorized share capital of Srv Polytex Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.27 Cr.

  • Who are the current board members & directors of Srv Polytex Private Limited?

    Currently 5 directors are associated with Srv Polytex Private Limited.

    • Chintan Rajendra Shah
    • Sudhir Vinaychand Shah
    • Rajendra Vinaychand Shah
    • Rita Rajendra Shah
    • Veena Sudhir Shah
  • What is the registered address of Srv Polytex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Srv Polytex Private Limited is 401SymphonyNehruroadNearcanarabankVileparleeast, Mumbai, Maharashtra, India, 400057.

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

    The corporate identification number (CIN) of Srv Polytex Private Limited is U45100MH1997PTC106705 and the company number is 106705 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Srv Polytex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Srv Polytex Private Limited has fallen by -88.67%.

  • How many employees does Srv Polytex Private Limited currently have?

    As Per 2023 financial reports, 52 employees are currently employed by Srv Polytex Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Srv Polytex Private Limited has experienced an upsurge of 1.41%.

  • When was the last Balance Sheet of Srv Polytex Private Limited filed with the ROC?

    The most recent Balance Sheet for Srv Polytex Private Limited was filed with the ROC on 31 Mar 2023.

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