V.M. Polytex Limited

Produces HDPE/PPE bags for industrial use, based in Raipur, Chhattisgarh.

2006 | Raipur, Chattisgarh (India) | Active
Last Updated: December 03, 2024

V.M. Polytex Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.42 M
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.77 Cr
  • Satisfied Charges ₹ 12.27 Cr
  • Revenue Growth 24.49%
  • Profit Growth -26.71%
  • Ebitda 115.12%
  • Net Worth 11.89%
  • Total Assets -0.51%

About V.M. Polytex

V.M. Polytex Limited (VPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 June 2006 and has a history of 18 years and seven months. Its registered office is in Raipur, Chattisgarh.

The Company is engaged in the Packaging 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 7.50 M and a paid-up capital of Rs 7.42 M.

The company currently has active open charges totaling ₹21.77 Cr. The company has closed loans amounting to ₹12.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thomas George, Madhav Kumar, Adityathomas, and One other member serve as directors at the Company.

Company Details

  • Location
    Raipur, Chattisgarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209CT2006PLC020010

  • Company No.

    020010

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Packaging

Who are the key members and board of directors at V.M. Polytex?

Executive Team (1)

Name Designation Appointment Date Status
Thomas George Country flag representing In Managing Director 14-Jun-2006 Current

Board Members (3)

Name Designation Appointment Date Status
Jenny Thomas Country flag representing In Whole-Time Director 14-Jun-2006 Current
Madhav Kumar Country flag representing In Whole-Time Director 14-Jun-2006 Current
Adityathomas Country flag representing In Whole-Time Director 26-May-2016 Current

Financial Performance of V.M. Polytex.

V.M. Polytex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.49% increase. The company also saw a substantial fall in profitability, with a 26.71% decrease in profit. The company's net worth Soared by an impressive increase of 11.89%.

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
24.49%
Revenue from Operations
25.22%
Total Assets
-0.51%
Profit or Loss
-26.71%
Net Worth
11.89%
EBITDA
115.12%

What is the Ownership and Shareholding Structure of V.M. Polytex?

In 2022, V.M. Polytex had a promoter holding of 79.38% and a public holding of 20.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹217.70 M

Satisfied Charges

₹122.70 M

Charges Breakdown by Lending Institutions

  • Others : 21.77 Cr

Latest Charge Details

Date Lender Amount Status
21 Nov 2023 Others ₹1.70 Cr Open
29 Mar 2023 Others ₹4.00 Cr Open
14 Dec 2021 Others ₹1.00 Cr Open
28 Jun 2019 Others ₹4.00 Cr Open
07 Mar 2019 Others ₹11.07 Cr Open

How Many Employees Work at V.M. Polytex?

V.M. Polytex has a workforce of 22 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 V.M. 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 V.M. 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 V.M. Polytex

Recent activity within the organization

  • Annual General Meeting

    V.M. Polytex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    V.M. Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 17.00 M with Charge ID 100820258 was registered on 21 Nov 2023.

    21 Nov 2023

  • Charges

    A charge with Others of Rs. 110.70 M registered on 07 Mar 2019 with Charge ID 100246303 was modified on 03 Nov 2023.

    03 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100692857 was registered on 29 Mar 2023.

    29 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100522698 was registered on 14 Dec 2021.

    14 Dec 2021

Frequently asked questions

  • V.M. Polytex Limited was incorporated on 14 Jun 2006.

  • The authorized share capital of V.M. Polytex Limited is ₹ 7.50 M and paid-up capital is ₹ 7.42 M.

  • Currently 4 directors are associated with V.M. Polytex Limited.

    • Thomas George
    • Madhav Vijay Kumar
    • Adityathomas
    • Jenny Thomas
  • As per Ministry of Corporate Affairs (Mca), the registered address of V.M. Polytex Limited is House No. Sr.Lig 527 Chhatisgarh Housing Board Colony, Dondek Hurd India, Raipur, Chattisgarh, 492011.

  • The corporate identification number (CIN) of V.M. Polytex Limited is U25209CT2006PLC020010 and the company number is 020010 as per Ministry of Corporate Affairs (MCA).

  • The Official website of V.M. Polytex Limited is https://www.vmpolytex.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for V.M. Polytex Limited has risen by 24.49%.

  • As Per 2022 financial reports, 22 employees are currently employed by V.M. Polytex Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of V.M. Polytex Limited has experienced an upsurge of 11.89%.

  • As per the financial statements for fiscal Year 2022, The total open charges for V.M. Polytex Limited amount to ₹ 21.77 Cr.

  • The most recent Balance Sheet for V.M. Polytex Limited was filed with the ROC on 31 Mar 2024.