Srv Polytex Private Limited

Texturizing polyester yarn since 1997, based in Maharashtra.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: June 16, 2024

Srv Polytex Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.27 Cr
  • Company Age 27 Year, 10 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 ten 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)

Name Designation Appointment Date Status
Chintan Shah Country flag representing In Director 21-Jun-2023 Current
Sudhir Shah Country flag representing In Whole-Time Director 19-Mar-1997 Current
Rajendra Shah Country flag representing In Whole-Time Director 19-Mar-1997 Current
Rita Shah Country flag representing In Director 19-Mar-1997 Current
Veena Shah Country flag representing In Director 19-Mar-1997 Current

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%.

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
-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

Date Lender Amount Status
10 Feb 2016 Andhra Bank ₹25.00 Cr Satisfied
28 May 2014 State Bank Of India ₹5.00 M Satisfied
02 May 2013 State Bank Of India ₹18.65 Cr Satisfied
23 May 2008 Bank Of India ₹1.40 Cr Satisfied
23 Aug 2006 Bank Of India ₹9.20 Cr Satisfied

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.

Graph showing employee growth trends

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.

    30 Sep 2023

  • 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 7 months .

    21 Jun 2023

  • Charges

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

    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.

    31 Mar 2023

  • Charges

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

    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.

    01 Mar 2016

Frequently asked questions

  • Srv Polytex Private Limited was incorporated on 19 Mar 1997.

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

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

  • 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).

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

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

  • 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%.

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

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