Deenox Poly-Yarn Private Limited
About Deenox Poly-Yarn Private Limited
Data last updated:
Deenox Poly-Yarn Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 July 1999.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1999PTC120862. Its GSTIN is 27AABCD1754G1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹24.86 Lakh. It is led by directors including Vinodkumar Nihalchand Parmar and Bharatkumar Mishrimalji Parmar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 10/12 Vithoba Lane1St Floor Vithalwadi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.69 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹31.05 Lakh (net margin -136.9%) and EBITDA of ₹9.79 Lakh (EBITDA margin 43.1%). Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 60% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.34 Cr and satisfied charges of ₹10 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
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- Registered Address10/12 Vithoba Lane1St Floor Vithalwadi, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Deenox Poly-Yarn Private Limited
The main business activity of Deenox Poly-Yarn is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Deenox Poly-Yarn Private Limited FY 2024 filings available
Deenox Poly-Yarn Private Limited reported revenue of ₹22.69 Lakh (down 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Deenox Poly-Yarn Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 84% fall in the latest year. EBITDA fell 78% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Deenox Poly-Yarn Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.79 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.05 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Deenox Poly-Yarn Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -136.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Deenox Poly-Yarn are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Deenox Poly-Yarn Private Limited
Deenox Poly-Yarn Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ranjan Weavers Crafts Pvt Ltd | ₹22.77 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Sonipat, Haryana, India |
| Shree Ghanshyam Textile Private Limited | ₹22.77 Lakh (FY 2016) | •••• | •••• | -75.0% | •••• | Varanasi, Uttar Pradesh, India |
| Eros Woollen Mills Private Limited | ₹22.76 Lakh (FY 2025) | •••• | •••• | 848.0% | •••• | Ludhiana, Punjab, India |
| Shree Shyam Creations Private Limited | ₹22.76 Lakh (FY 2022) | •••• | •••• | •••• | Delhi, India | |
| Sun City Holdings and Trading Limited | ₹22.71 Lakh (FY 2025) | •••• | •••• | 132.0% | •••• | Jodhpur, Rajasthan, India |
| Deenox Poly-Yarn Private Limited this company | ₹22.69 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Mumbai, Maharashtra, India |
| MNV Alliances Private Limited | ₹22.67 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Gurgaon, Haryana, India |
| Half Baked Design Studio Private Limited | ₹22.66 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Aaina Fashions Private Limited | ₹22.66 Lakh (FY 2023) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Yeshna Retails Private Limited | ₹22.66 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | Kolkata, West Bengal, India |
| Anwita Fashion Private Limited | ₹22.65 Lakh (FY 2019) | •••• | •••• | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Deenox Poly-Yarn by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Deenox Poly-Yarn Private Limited
Deenox Poly-Yarn Private Limited is audited by B P PUROHIT & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B P PUROHIT & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Deenox Poly-Yarn Private Limited
Deenox Poly-Yarn has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinodkumar Nihalchand Parmar Also directs: Siddhshila Enterprises LLP, Shashwat Synthetics LLP | Director | 16 Jul 1999 | 27 Years 2 Months | As last reported |
| Bharatkumar Mishrimalji Parmar | Director | 01 Jul 2010 | 16 Years 3 Months | As last reported |
| Anuj Bajpai | Irp/Rp/Liquidator | 14 Jan 2026 | 0 Years 8 Months | As last reported |
| Vipul Shantilalji Parmar Also directs: Siddhshila Enterprises LLP, Shashwat Synthetics LLP | Director | 16 Jul 1999 | 27 Years 2 Months | As last reported |
Ownership and Shareholding of Deenox Poly-Yarn Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Deenox Poly-Yarn Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2018 | Others | ₹4.65 Cr | Open |
| 24 Mar 2017 | Others | ₹6.19 Cr | Open |
| 02 Aug 2016 | Others | ₹50 Lakh | Open |
| 29 Mar 2014 | Others | ₹5 Cr | Open |
| 15 Apr 2009 | Kallappanna Awade Ichalkaranji Janta Sahkari Bank Ltd. | ₹50 Lakh | Satisfied |
Total charge records: 13 View all charges
Legal Cases of Deenox Poly-Yarn Private Limited
Deenox Poly-Yarn Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Sundial Corp LLP | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Pegasus Assets Reconstruction Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Sundial Investment Private Limited | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Pegasus Asset Reconstruction Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Dombivli Nagri Sahakari Bank Ltd | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Deenox Poly-Yarn Private Limited
Deenox Poly-Yarn Private Limited has a workforce of 1 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Deenox Poly-Yarn Private Limited
Deenox Poly-Yarn Private Limited has 7 board changes on record since 1999: 4 appointments and 3 cessations. The latest: Anuj Bajpai was appointed as Irp/Rp/Liquidator on 14 Jan 2026.
26 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Deenox Poly-Yarn Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Deenox Poly-Yarn Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Deenox Poly-Yarn Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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GST Compliance of Deenox Poly-Yarn Private Limited
Deenox Poly-Yarn has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCD1754G1ZV | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Deenox Poly-Yarn Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Deenox Poly-Yarn Private Limited
Deenox Poly-Yarn is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Deenox Poly-Yarn is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 July 1999 and is registered under CIN U18101MH1999PTC120862. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Deenox Poly-Yarn reported revenue of ₹22.69 Lakh for FY 2024 (down 84% YoY).
Deenox Poly-Yarn has 4 current directors:
- Vinodkumar Nihalchand Parmar - Director
- Bharatkumar Mishrimalji Parmar - Director
- Vipul Shantilalji Parmar - Director
- Anuj Bajpai - Irp/Rp/Liquidator
Deenox Poly-Yarn reported a net loss of ₹31.05 Lakh (net margin -136.9%) and EBITDA of ₹9.79 Lakh (EBITDA margin 43.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Deenox Poly-Yarn is -76% over three years and -60% over five years. In the latest year (FY 2024) revenue fell 84%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Deenox Poly-Yarn is U18101MH1999PTC120862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deenox Poly-Yarn has open charges of ₹16.34 Cr and satisfied charges of ₹10 Cr as per latest MCA filings.
Deenox Poly-Yarn has 5 court cases on record: 5 filed against it. 2 are pending.
Deenox Poly-Yarn was incorporated on 16 July 1999. It is registered with the Registrar of Companies, Mumbai.
The peers of Deenox Poly-Yarn by revenue are Ranjan Weavers Crafts Pvt Ltd, Shree Ghanshyam Textile Private Limited, Eros Woollen Mills Private Limited, Shree Shyam Creations Private Limited, Sun City Holdings and Trading Limited and 5 more, all in the Manufacturing industry (Textiles).