Economic Polytex Pvt Ltd - Company Profile

It is a financial services private limited company based in Rajkot, Gujarat, India, established in 1971.
1971 Rajkot, Gujarat, India Active
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About Economic Polytex Pvt Ltd

Economic Polytex Pvt Ltd, a active private limited company, was established on 26 April 1971 in Rajkot, Gujarat, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: U24299GJ1971PTC001889. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.93 M.

It upholds a compliant status. Employing 1 professional, Its leadership includes Alka Manharlal Vora (Director), Mahendra Vallabhji Vora (Director), Saurin Mahendra Vora (Director). Past directors included Indulal Vallabhji Vora. It holds no open charges and ₹13.00 Cr settled loans. Its latest AGM occurred on 28 September 2025, with the balance sheet filed on 31 March 2025. It is based at 209/210, Sterling Apartment, 2Nd Floor Jawahar Road, Rajkot, Gujarat, 360001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24299GJ1971PTC001889

  • Registration Number

    001889

  • Incorporation Date

    26 April 1971

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.93 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.93 M
  • Company Age 54 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 13.00 Cr
  • Revenue Growth **** %
  • Profit Growth **** -106.99%
  • Ebitda **** 30.13%
  • Net Worth -6.95%
  • Total Assets -4.79%
Company report

Economic Polytex Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Economic Polytex Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Economic Polytex Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Alka Manharlal Vora Director 01 Jul 1987 Current
Mahendra Vallabhji Vora Director 01 May 1998 Current
Saurin Mahendra Vora Director 01 May 1998 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Dec 2025 Past

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Financial Performance of Economic Polytex.

Economic Polytex Pvt Ltd, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 106.99% decrease in profit. The company's net worth dipped by a decrease of 6.95%.

Economic Polytex revenue growth over time
Economic Polytex profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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Revenue from Operations
*******
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Total Assets
*******
 -4.79%
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*******
*******
Profit or Loss
*******
 -106.99%
*******
*******
*******
*******
Net Worth
*******
 -6.95%
*******
*******
*******
*******
EBITDA
*******
 30.13%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Economic Polytex?

In 2019, Economic Polytex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹130,000,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of Saurashtra : 8.00 Cr
  • Yes Bank Limited : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Jul 2015 Yes Bank Limited ₹5.00 Cr Satisfied
14 Sep 1989 State Bank Of Saurashtra ₹8.00 Cr Satisfied

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How Many Employees Work at Economic Polytex?

Economic Polytex has a workforce of 1 employees as of Mar 22, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Economic 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 Economic 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.

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Latest Updates, News, and FAQs on Economic Polytex
Recent Activity within the Organization
  • Annual General Meeting

    Economic Polytex Pvt Ltd last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Economic Polytex Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 30 Jul 2015 via Charge ID 10587844 with Yes Bank Limited was fully satisfied on 05 Nov 2020. was documented.

  • Charges

    Progress on A charge with Yes Bank Limited amounted to Rs. 50.00 M with Charge ID 10587844 was registered on 30 Jul 2015. was documented.

  • Charges

    The activity A charge registered on 14 Sep 1989 via Charge ID 90101302 with State Bank Of Saurashtra was fully satisfied on 04 Jun 2015. was completed.

  • Charges

    A charge with State Bank Of Saurashtra of Rs. 80.00 M registered on 14 Sep 1989 with Charge ID 90101302 was modified on 14 Mar 2008. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Economic Polytex Pvt Ltd?

The CIN of Economic Polytex Pvt Ltd is U24299GJ1971PTC001889.

Where is Economic Polytex Pvt Ltd headquartered?

Economic Polytex Pvt Ltd is headquartered at 209/210, Sterling Apartment, 2Nd Floor Jawahar Road, Rajkot, Gujarat, 360001.

When was Economic Polytex Pvt Ltd incorporated?

Economic Polytex Pvt Ltd was incorporated on 26 April 1971.

Who are the current directors of Economic Polytex Pvt Ltd?

The current directors of Economic Polytex Pvt Ltd are

What is the primary industry of Economic Polytex Pvt Ltd?

The primary industry of Economic Polytex Pvt Ltd is Financial And Insurance Service.

Is Economic Polytex Pvt Ltd a listed company?

Economic Polytex Pvt Ltd is unlisted.

What is the capital structure of Economic Polytex Pvt Ltd?

The authorized capital of Economic Polytex Pvt Ltd is ₹5.00 M, and the paid-up capital is ₹3.93 M.

What is the compliance status of Economic Polytex Pvt Ltd?

The compliance status of Economic Polytex Pvt Ltd is Compliant.

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