Sumit Polycot Private Limited

Manufacturer of cotton shirting fabrics and flock printing services, offering a variety of dyeing and finishing options.

2008 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 17, 2024

Sumit Polycot Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 17 Year, 7 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.90 Cr
  • Revenue Growth 53.94%
  • Profit Growth 52.68%
  • Ebitda -42.27%
  • Net Worth 3.52%
  • Total Assets 37.09%

About Sumit Polycot

Sumit Polycot Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 February 2008 and has a history of 17 years. Its registered office is in Ahmedabad, Gujarat, 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 1.25 Cr and a paid-up capital of Rs 1.13 Cr.

The company currently has active open charges totaling ₹1.90 Cr.

Punit Pruthi, Rameshkumar Pruthvi, and Sahil Pruthi serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17123GJ2008PTC052805

  • Company No.

    052805

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Sumit Polycot?

Board Members (3)

Name Designation Appointment Date Status
Punit Pruthi Country flag representing In Director 05-Feb-2008 Current
Rameshkumar Pruthvi Country flag representing In Director 05-Feb-2008 Current
Sahil Pruthi Country flag representing In Director 26-Sep-2012 Current

Financial Performance of Sumit Polycot.

Sumit Polycot Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.94% increase. The company also saw a substantial improvement in profitability, with a 52.68% increase in profit. The company's net worth moved up by a moderate rise of 3.52%.

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
53.94%
Revenue from Operations
50.38%
Total Assets
37.09%
Profit or Loss
52.68%
Net Worth
3.52%
EBITDA
-42.27%

What is the Ownership and Shareholding Structure of Sumit Polycot?

In 2023, Sumit Polycot had a promoter holding of 35.41% and a public holding of 64.59%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.90 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 1.90 Cr

Latest Charge Details

Date Lender Amount Status
01 Nov 2021 Bank Of India ₹1.35 M Open
10 Jul 2020 Bank Of India ₹2.60 M Open
04 Sep 2009 Bank Of India ₹1.50 Cr Open

How Many Employees Work at Sumit Polycot?

Unlock and access historical data on people associated with Sumit Polycot, 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 Sumit Polycot, 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 Sumit Polycot'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 Sumit Polycot

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sumit Polycot Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Bank Of India amounted to Rs. 0.14 Cr with Charge ID 100499015 was registered on 01 Nov 2021.

    01 Nov 2021

  • Charges

    A charge with Bank Of India amounted to Rs. 0.26 Cr with Charge ID 100364290 was registered on 10 Jul 2020.

    10 Jul 2020

  • Charges

    A charge with Bank Of India of Rs. 1.50 Cr registered on 04 Sep 2009 with Charge ID 10180178 was modified on 24 Sep 2013.

    24 Sep 2013

  • Director Appointment

    Sahil Rameshkumar Pruthi was appointed as a Director was appointed as a Director on 26 Sep 2012 & has been associated with this company since 12 years 4 months .

    26 Sep 2012

Frequently asked questions

  • Sumit Polycot Private Limited was incorporated on 05 Feb 2008.

  • The authorized share capital of Sumit Polycot Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.13 Cr.

  • Currently 3 directors are associated with Sumit Polycot Private Limited.

    • Punit Ramesh Kumar Pruthi
    • Rameshkumar Basantlal Pruthvi
    • Sahil Rameshkumar Pruthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sumit Polycot Private Limited is 109 New Cloth Market Outside Raipur Gate, Ahmedabad, Gujarat, India, 380002.

  • The corporate identification number (CIN) of Sumit Polycot Private Limited is U17123GJ2008PTC052805 and the company number is 052805 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sumit Polycot Private Limited has risen by 53.94%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sumit Polycot Private Limited has experienced an upsurge of 3.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sumit Polycot Private Limited amount to ₹ 1.90 Cr.

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

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