Subhash Polytex Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 2.86 Cr
- Company Age 52 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.98 Cr
- Satisfied Charges ₹ 34.87 Cr
- Revenue Growth 14.31%
- Profit Growth 29.00%
- Ebitda 16.08%
- Net Worth 52.74%
- Total Assets 11.92%
About Subhash Polytex
Subhash Polytex Limited (SPL) was founded in India on 06 September 1972 and has a glorious history of 52 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Subhash Woollen Mills Pvt Ltd. 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 10.00 Cr and a paid-up capital of Rs 2.86 Cr.
The company currently has active open charges totaling ₹35.98 Cr. The company has closed loans amounting to ₹34.87 Cr, as per Ministry of Corporate Affairs (MCA) records.
Saurabh Kejriwal, Subhash Kejriwal, Suresh Bansal, 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
U70101MH1972PLC015982
- Company No.
015982
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Sep 1972
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Subhash Polytex Limited offer?
Subhash Polytex Limited offers a wide range of products and services, including Winter Wear & Accessories, Sweater.
Who are the key members and board of directors at Subhash Polytex?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saurabh Kejriwal  | Managing Director | 01-Feb-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subhash Kejriwal | Whole-Time Director | 31-Mar-1977 | Current |
| Suresh Bansal | Director | 21-Mar-2020 | Current |
| Avnish Dhingra | Director | 29-Jan-2024 | Current |
| Ashwani Arora | Additional Director | 23-Jan-2024 | Current |
Financial Performance of Subhash Polytex.
Subhash Polytex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.31% increase. The company also saw a substantial improvement in profitability, with a 29% increase in profit. The company's net worth Soared by an impressive increase of 52.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Subhash Polytex?
In 2023, Subhash Polytex had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Garg Acrylics LimitedAvnish Dhingra is a mutual person
Puri Oil Mills Limited.Avnish Dhingra is a mutual person
- Eco Spintex Private Limited
Saurabh Kejriwal and Subhash Kejriwal are mutual person
- Plexify Global Private Limited
Avnish Dhingra is a mutual person
Charges (Loans)
Open Charges
₹35.98 Cr
Satisfied Charges
₹34.87 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 33.63 Cr
- Sidbi : 1.00 Cr
- Others : 0.90 Cr
- The Saraswat Co- Op. Bank Ltd. : 0.43 Cr
- The Saraswat Co- Op. Bank Ltd : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2023 | Others | ₹4.00 M | Open |
| 01 Nov 2023 | Others | ₹1.00 M | Open |
| 13 Jun 2023 | Sidbi | ₹1.00 Cr | Open |
| 15 Jul 2022 | Others | ₹2.00 M | Open |
| 06 Nov 2021 | Others | ₹2.00 M | Open |
How Many Employees Work at Subhash Polytex?
Subhash Polytex has a workforce of 133 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Subhash 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 Subhash Polytex's trajectory.
Rating
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
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 Subhash Polytex
Recent activity within the organization
- Director Appointment
Avnish Dhingra was appointed as a Director was appointed as a Director on 29 Jan 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge registered on 29 Nov 2019 via Charge ID 100323829 with Others was fully satisfied on 28 Jan 2024.
- Director Appointment
Ashwani Arora was appointed as a Additional Director was appointed as a Additional Director on 23 Jan 2024 & has been associated with this company since 1 year 2 months .
- Charges
A charge registered on 13 Jul 2023 via Charge ID 100757662 with Others was fully satisfied on 19 Jan 2024.
- Charges
A charge registered on 17 Sep 2020 via Charge ID 100371880 with Axis Bank Limited was fully satisfied on 27 Dec 2023.
- Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100841011 was registered on 20 Dec 2023.
Frequently asked questions
What is the Incorporation or founding date of Subhash Polytex Limited?
Subhash Polytex Limited was incorporated on 06 Sep 1972.
What is authorized share capital and paid-up capital of Subhash Polytex Limited?
The authorized share capital of Subhash Polytex Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.86 Cr.
Who are the current board members & directors of Subhash Polytex Limited?
Currently 5 directors are associated with Subhash Polytex Limited.
- Saurabh Kejriwal
- Subhash Kejriwal
- Suresh Kumar Bansal
- Avnish Dhingra
- Ashwani Arora
What is the registered address of Subhash Polytex Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Subhash Polytex Limited is Plot No 6 Shyam Nagarmajas Village Jogeshwari (E) India, Mumbai, Maharashtra, 400060.
What is the corporate identification number (CIN) and company number of Subhash Polytex Limited?
The corporate identification number (CIN) of Subhash Polytex Limited is U70101MH1972PLC015982 and the company number is 015982 as per Ministry of Corporate Affairs (MCA).
What is the official website of Subhash Polytex Limited?
The Official website of Subhash Polytex Limited is https://www.sites.google.com
What has been the recent revenue trend for Subhash Polytex Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Subhash Polytex Limited has risen by 14.31%.
How many employees does Subhash Polytex Limited currently have?
As Per 2023 financial reports, 133 employees are currently employed by Subhash Polytex Limited.
What change has been observed in the net worth of Subhash Polytex Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Subhash Polytex Limited has experienced an upsurge of 52.74%.
What are the total open charges for Subhash Polytex Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Subhash Polytex Limited amount to ₹ 35.98 Cr.
When was the last Balance Sheet of Subhash Polytex Limited filed with the ROC?
The most recent Balance Sheet for Subhash Polytex Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
AG
Amar GargDirectorSG
Sanjay GuptaAdditional DirectorSK
Suman KejriwalDirectorSK
Sugandha KejriwalDirectorBK
Bhupesh KumarDirectorBS
Bhajan SainiDirector