Indo Poly Rayons Limited
About Indo Poly Rayons Limited
Data last updated:
Indo Poly Rayons Limited is a public limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 30 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2003PLC042451. The company has 5 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Mukesh Mohanlal Motwani and Rajashekhar Vasudev Chittimalle.
Its latest financial statements are for the year ended 31 March 2018. The registered office is at 104 Empire State Building Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.41 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹70,974 (net margin -11.1%) and EBITDA of -₹70,974 (EBITDA margin -11.1%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.
As per MCA filings, the company has satisfied charges of ₹35 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indo Poly Rayons Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address104 Empire State Building Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Indo Poly Rayons 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
Financials of Indo Poly Rayons Limited
FY 2018 filings availableIndo Poly Rayons Limited reported revenue of ₹6.41 Lakh (down 96% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over three years, including a 96% fall in the latest year. EBITDA rose 98% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹70,974 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹70,974 | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -11.1% | |||
| Net Profit Margin | -11.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Indo Poly Rayons Limited, buy the company report.
Board of directors of Indo Poly Rayons Limited
Indo Poly Rayons has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Mohanlal Motwani | Director | 02 Jul 2020 | 6 Years 3 Months | Current |
| Mamta Jayprakash Motwani | Additional Director | 15 Jul 2020 | 6 Years 3 Months | Current |
| Rajashekhar Vasudev Chittimalle | Director | 23 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Indo Poly Rayons Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indian Yarn Limited | ₹6.44 Lakh (FY 2024) | -50.0% | Mohali, Punjab, India | |||
| Abacus Textiles Private Limited | ₹6.44 Lakh (FY 2025) | 513.0% | Thane, Maharashtra, India | |||
| Shree Vallee Enterprises Private Limited | ₹6.44 Lakh (FY 2025) | Tirupur, Tamil Nadu, India | ||||
| Pinky Enterprises Private Limited | ₹6.43 Lakh (FY 2025) | -52.0% | Coimbatore, Tamil Nadu, India | |||
| Sitaram Prints Pvt Ltd | ₹6.43 Lakh (FY 2025) | -70.0% | Surat, Gujarat, India | |||
| Indo Poly Rayons Limitedthis company | ₹6.41 Lakh (FY 2018) | -₹70,974 | -11.1% | -96.0% | Surat, Gujarat, India | |
| Sarodee Industries Private Limited | ₹6.41 Lakh (FY 2023) | Chennai Chennai, Tamil Nadu, India | ||||
| SJBS Lifestyle (OPC) Private Limited | ₹6.39 Lakh (FY 2025) | -47.0% | Mumbai, Maharashtra, India | |||
| Ramlord Clothing Private Limited | ₹6.39 Lakh (FY 2021) | -98.0% | Mumbai, Maharashtra, India | |||
| Jade Textiles Private Limited | ₹6.35 Lakh (FY 2017) | 25.0% | Bangalore, Karnataka, India | |||
| Ektha Green Producer Company Limited | ₹6.34 Lakh (FY 2025) | -79.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Indo Poly Rayons Limited, buy the company report.
Auditor
Indo Poly Rayons Limited is audited by RAKESHBHAI PATEL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESHBHAI PATEL & CO | FY 2017 | 120543W |
Shareholding
The shareholding of Indo Poly Rayons Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indo Poly Rayons Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2005 | 80025673 | State Bank of India | ₹35 Cr | Satisfied |
To see the full charge records of Indo Poly Rayons Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Indo Poly Rayons Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by The Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Disposed |
To see the full case history of Indo Poly Rayons 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 Indo Poly Rayons Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indo Poly Rayons has 5 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 Indo Poly Rayons Limited, buy the company report.
Recent activity
Indo Poly Rayons Limited has 13 board changes on record since 2007: 3 appointments and 10 cessations. The latest: Adil Nasir Husain Momin ceased to be Director on 15 Jul 2020.
6 earlier events are in the company report.
Frequently asked questions
Indo Poly Rayons is an active public limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 30 May 2003 (23+ years old) and is registered under CIN U17299GJ2003PLC042451.
Indo Poly Rayons has 3 current directors:
- Mukesh Mohanlal Motwani - Director
- Mamta Jayprakash Motwani - Additional Director
- Rajashekhar Vasudev Chittimalle - Director
The latest financial statements of Indo Poly Rayons on record with the MCA are for the year ended 31 March 2018. Year-wise statements from 2015 are in the company report.
No. Indo Poly Rayons has 5 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Indo Poly Rayons is U17299GJ2003PLC042451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo Poly Rayons has 2 court cases on record: 2 filed against it.
Indo Poly Rayons was incorporated on 30 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Indo Poly Rayons by revenue are Indian Yarn Limited, Abacus Textiles Private Limited, Shree Vallee Enterprises Private Limited, Pinky Enterprises Private Limited, Sitaram Prints Pvt Ltd and 5 more, all in the Manufacturing industry (Textiles).
Adil Nasir Husain Momin ceased to be Director on 15 Jul 2020. Mamta Jayprakash Motwani was appointed as Additional Director on 15 Jul 2020. Jayprakash Vishindas Motwani ceased to be Director on 13 Jul 2020. Indo Poly Rayons has 13 board changes on record in total.
The registered office of Indo Poly Rayons is at 104 Empire State Building Ring Road, Surat, Gujarat, India – 395002.
Indo Poly Rayons operates in the manufacturing industry, in the textile and fabric production segment.