Utkal Polyweave Industries Pvt Ltd

Manufactures and sells various types of yarn, bags, and fabric.

1985 | Baleswar, Odisha (India) | Active
Last Updated: December 15, 2024

Utkal Polyweave Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 39 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.00 Cr
  • Revenue Growth 21.35%
  • Profit Growth -38.81%
  • Ebitda -32.70%
  • Net Worth 30.65%
  • Total Assets 5.70%

About Utkal Polyweave Industries

Utkal Polyweave Industries Pvt Ltd (UPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 1985 and has a history of 39 years and nine months. Its registered office is in Baleswar, Odisha, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 3.00 M.

The company has closed loans amounting to ₹13.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sheo Damani, Anil Damani, and Ashok Maheshwary serve as directors at the Company.

Company Details

  • Location

    Baleswar, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    utkalpolyweave.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25202OR1985PTC001512

  • Company No.

    001512

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Manufacturing

What products or services does Utkal Polyweave Industries Pvt Ltd offer?

Utkal Polyweave Industries Pvt Ltd offers a wide range of products and services, including Woven Sacks, Polypropylene Woven Sacks, Food Packaging Materials & Supplies, Mesh Bags, PET Granules & Plastic Raw Material, Additive Masterbatches, Bulk Bags & Sacks, Cement Bag, Rice Bags, BOPP Rice Bag.

Who are the key members and board of directors at Utkal Polyweave Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Sheo Damani Country flag representing In Director 16-Jun-1985Current
Anil Damani Country flag representing In Director 16-May-2016Current
Ashok Maheshwary Country flag representing In Director 16-Jun-1985Current

Financial Performance of Utkal Polyweave Industries.

Utkal Polyweave Industries Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 21.35% increase. The company also saw a substantial fall in profitability, with a 38.81% decrease in profit. The company's net worth Soared by an impressive increase of 30.65%.

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
21.35%
Revenue from Operations
19.42%
Total Assets
5.70%
Profit or Loss
-38.81%
Net Worth
30.65%
EBITDA
-32.70%

What is the Ownership and Shareholding Structure of Utkal Polyweave Industries?

In 2022, Utkal Polyweave Industries had a promoter holding of 14.02% and a public holding of 85.99%. 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

₹130.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 8.00 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2018Others₹5.00 CrSatisfied
24 Jan 2005Standard Chartered Bank₹8.00 CrSatisfied

How Many Employees Work at Utkal Polyweave Industries?

Utkal Polyweave Industries has a workforce of 416 employees as of Apr 06, 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 Utkal Polyweave Industries, 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 Utkal Polyweave Industries'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 Utkal Polyweave Industries

Recent activity within the organization

  • Annual General Meeting

    Utkal Polyweave Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Utkal Polyweave Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge registered on 24 Jan 2005 via Charge ID 90080378 with Standard Chartered Bank was fully satisfied on 18 Mar 2022.

    18 Mar 2022

  • Charges

    A charge registered on 03 Feb 2018 via Charge ID 100158174 with Others was fully satisfied on 29 Dec 2018.

    29 Dec 2018

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100158174 was registered on 03 Feb 2018.

    03 Feb 2018

  • Charges

    A charge with Standard Chartered Bank of Rs. 80.00 M registered on 24 Jan 2005 with Charge ID 90080378 was modified on 19 Dec 2016.

    19 Dec 2016

Frequently asked questions

  • Utkal Polyweave Industries Pvt Ltd was incorporated on 30 Apr 1985.

  • The authorized share capital of Utkal Polyweave Industries Pvt Ltd is ₹ 3.50 M and paid-up capital is ₹ 3.00 M.

  • Currently 3 directors are associated with Utkal Polyweave Industries Pvt Ltd.

    • Sheo Kishan Damani
    • Anil Kumar Damani
    • Ashok Maheshwary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Utkal Polyweave Industries Pvt Ltd is 26 Ganeswarpur Industrialestate Januganj India, Balasore, Orissa, 756019.

  • The corporate identification number (CIN) of Utkal Polyweave Industries Pvt Ltd is U25202OR1985PTC001512 and the company number is 001512 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Utkal Polyweave Industries Pvt Ltd is https://www.utkalpolyweave.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Utkal Polyweave Industries Pvt Ltd has risen by 21.35%.

  • As Per 2022 financial reports, 416 employees are currently employed by Utkal Polyweave Industries Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Utkal Polyweave Industries Pvt Ltd has experienced an upsurge of 30.65%.

  • The most recent Balance Sheet for Utkal Polyweave Industries Pvt Ltd was filed with the ROC on 31 Mar 2024.