About Futura Polyesters Limited
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Futura Polyesters Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 10 February 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65192MH1960PLC011579. The company has 10 GST registrations on record, none of which is active. It is recorded as listed by MCA, but trading in its shares on BSE (500720) has been suspended since 21 Mar 2013 · penal reasons, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹74.76 Cr. It was formerly known as Indian Organic Chemicals Limited. It is led by directors including Mukund Dharamdas Dalal (Managing Director) and Shyam Bhupatirai Ghia (Managing Director).
Its last annual general meeting (AGM) was held on 19 June 2026, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
The company is associated with 1 brand: Futura Polyesters Ltd. As per MCA filings, the company has open charges of ₹575.48 Cr and satisfied charges of ₹1,443.53 Cr on record. Court records list 263 cases involving the company, including 128 filed by the company and 136 filed against it; 5 cases are pending. The company has 11 deals on record (11 market trades); the latest was in September 2011.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website futurapolyesters.in.
Company details
Contact details
Futura Polyesters Limited's registered office is in Mumbai, Maharashtra. Its website is futurapolyesters.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address212 2nd Floor Panchratna Building, Charni Road( East) Opera House, Mumbai, Maharashtra, India – 400004
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of Futura Polyesters Limited, buy the company report.
- 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
Brands
Futura Polyesters operates one associated brand: Futura Polyesters Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polyester manufacturing and corporate services in Mumbai. | futurapolyesters.in |
Business activity
The main business activity of Futura Polyesters is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
Financials of Futura Polyesters Limited
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Futura Polyesters Limited, buy the company report.
Board of directors of Futura Polyesters Limited
Futura Polyesters has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Dharamdas Dalal | Managing Director | 01 Jan 1988 | 38 Years 9 Months | Current |
| Shyam Bhupatirai Ghia Also directs: Sonata Software Limited | Managing Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Gautam Jagjivan Purohit | Additional Director | 15 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Futura Polyesters Limited is audited by L L B & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L L B & CO | FY 2019 | 117758W |
Shareholding
The shareholding of Futura Polyesters Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
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To see the full shareholding pattern of Futura Polyesters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2007 | 10089656 | Sbi Factors and Commercial Services Private Limited | ₹16.5 Cr | Open | |
| 21 Feb 2006 | 80061596 | Uti Bank Ltd. | ₹20 Cr | Open | |
| 25 Jan 2006 | 80061597 | Uti Bank Ltd. | ₹20 Cr | Open | |
| 22 Oct 2002 | 90234894 | Uti Bank Ltd. | ₹10 Cr | Open | |
| 19 Aug 2002 | 90307939 | Bank of Bahrain & Kuwait B.S.C. | ₹5 Cr | Open |
To see the full charge records of Futura Polyesters Limited, buy the company report.
Total charge records: 124 View all charges
Deals & funding
Futura Polyesters Limited has 11 deals on record (11 market trades); the latest was in September 2011.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Market trade | ₹2.48 Cr | Buyer: R. Raheja Properties Private Limited Seller: Matsyagandha Investments Private Limited |
| Sep 2011 | Market trade | ₹2.66 Cr | Buyer: R. Raheja Properties Private Limited Seller: Bloomingdale Investments Private Limited |
| Jul 2008 | Market trade | ₹96.9 Lakh | Buyer: NBN Fintrade Private Limited |
| Oct 2007 | Market trade | ₹1.05 Cr | Buyer: Jmp Asecurities Pvt. Ltd. Seller: JMP Securities Private Limited |
| Aug 2007 | Market trade | ₹79.2 Lakh | Buyer: JMP Securities Private Limited Seller: JMP Securities Private Limited |
To see the full deal history of Futura Polyesters Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Futura Polyesters Limited has 263 court cases on record: 128 filed by Futura Polyesters, 136 filed against it. 5 cases are pending and 258 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 172 | 67 | 4 |
| District courts | 84 | 67 | 1 |
| Supreme Court | 7 | 2 | 0 |
Cases on record (5 of 263)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against Dawoo Internationalcorporation Limited and Ors. and 2 others | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by individuals | Pending |
| District court, Chennai, Tamil Nadu | Company petition | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Company petition | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Futura Polyesters Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Futura Polyesters Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Futura Polyesters has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Futura Polyesters Limited, buy the company report.
Recent activity
Futura Polyesters Limited has 32 board changes on record since 1960: 18 appointments and 14 cessations. The latest: Rajesh Kailashchandra Kedia was appointed as Company Secretary on 09 Oct 2024.
277 earlier events are in the company report.
Frequently asked questions
Futura Polyesters is an active public limited company based in Mumbai, Maharashtra, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 10 February 1960 (66+ years old) and is registered under CIN L65192MH1960PLC011579.
Futura Polyesters has 3 current directors:
- Mukund Dharamdas Dalal - Managing Director
- Shyam Bhupatirai Ghia - Managing Director
- Gautam Jagjivan Purohit - Additional Director
The latest financial statements of Futura Polyesters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 June 2026. Year-wise statements from 2015 are in the company report.
No. Futura Polyesters has 10 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Futura Polyesters is L65192MH1960PLC011579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Futura Polyesters is recorded as a listed company by MCA, but trading in its shares on BSE (500720) has been suspended since 21 Mar 2013 · penal reasons, so they do not currently trade on a stock exchange.
Futura Polyesters has 263 court cases on record: 128 filed by the company and 136 filed against it. 5 are pending. Most are in the high courts.
Futura Polyesters was incorporated on 10 February 1960, making it 66+ years old. It is registered with the Registrar of Companies, Mumbai.
Futura Polyesters has 11 deals on record (11 market trades); the latest was in September 2011.
Rajesh Kailashchandra Kedia was appointed as Company Secretary on 09 Oct 2024. Gautam Jagjivan Purohit was appointed as Additional Director on 15 Feb 2024. Gopinath Madhavan Nair ceased to be Additional Director on 21 Feb 2023. Futura Polyesters has 32 board changes on record in total.