Micro Polyester Private Limited

Micro Polyester Private Limited - manufacturing in Surat, Gujarat, India. Directors, charges & compliance details.
CIN U17119GJ1994PTC023980 Incorporated 26 December 1994 ROC Ahmedabad HQ Surat, Gujarat, India
Under Liquidation Private Limited Company manufacturing
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.34 Cr
Satisfied ₹8.95 Cr
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2014
Balance sheet date
Last AGM
30 Sep 2014
Annual general meeting

About Micro Polyester Private Limited

Data last updated:

Micro Polyester Private Limited is a private limited company based in Surat, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 December 1994.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1994PTC023980. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harshad Champaklal Shukla and Nawalkishor Kedaralal Agrawal.

Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at 2025 – 26 Jash Textile Market Ring Road, Surat, Gujarat, India – 395002.

As per MCA filings, the company has open charges of ₹7.34 Cr and satisfied charges of ₹8.95 Cr on record. Court records list 18 cases involving the company, including 6 filed by the company and 12 filed against it; 1 case is pending.

Company details

CIN U17119GJ1994PTC023980
Registration Number 023980
Incorporation Date 26 December 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2014
Date of Balance Sheet 31 March 2014
Compliance Status Active Non-Compliant

Contact details

Micro Polyester Private Limited's registered office is in Surat, Gujarat.

  • Registered Address
    2025 – 26 Jash Textile Market Ring Road, Surat, Gujarat, India – 395002
  • Industry
    Manufacturing, Textile & Fabric Production
Comprehensive company report
Micro Polyester Private Limited - one report that includes everything
  • 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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Financials of Micro Polyester Private Limited

FY 2014 filings available

Financial Statement Summary

MetricsFY 2013-14
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2013-14
Profitability
EBITDA Margin
Net Profit Margin
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 Micro Polyester Private Limited, buy the company report.

Board of directors of Micro Polyester Private Limited

Micro Polyester has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Harshad Champaklal ShuklaDirector13 Oct 201214 Years 0 MonthsAs last reported
Nawalkishor Kedaralal AgrawalDirector10 Jan 201313 Years 9 MonthsAs last reported

Charges & borrowings

Open charges
₹7.34 Cr
Satisfied charges
₹8.95 Cr
Breakdown by lending institutions
The Industrial Finance Corpn. of India Ltd.₹5.95 Cr
Sidbi₹0.94 Cr
Central Bank of India₹0.40 Cr
Citicorp Finance India Ltd.₹0.05 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 May 200290096089Citicorp Finance India Ltd.₹4.68 LakhOpen
29 Apr 199990096028The Industrial Finance Corpn. of India Ltd.₹5.95 CrOpen
25 Oct 199790095602Central Bank of India₹40 LakhOpen
19 Oct 199580011813Sidbi₹94 LakhOpen
03 May 200090094410Bank of Maharashtra₹3.6 CrSatisfied

To see the full charge records of Micro Polyester Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Micro Polyester Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Micro Polyester has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Micro Polyester Private Limited, buy the company report.

Recent activity

Micro Polyester Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Nawalkishor Kedaralal Agrawal was appointed as Director on 10 Jan 2013.

AGM
Micro Polyester Private Limited last Annual general meeting of members was held on 30 Sep 2014 as per latest MCA records.
Filing
Micro Polyester Private Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Ahmedabad.
Charges
A charge registered on 11 May 1998 via Charge ID 90095997 with Small Industries Development Bank Of India was fully satisfied on 17 Jan 2013.
Charges
A charge registered on 03 May 2000 via Charge ID 90094410 with Bank Of Maharashtra was fully satisfied on 16 Jan 2013.
Charges
A charge registered on 01 Sep 1999 via Charge ID 90094388 with Bank Of Maharashtra was fully satisfied on 16 Jan 2013.
Charges
A charge registered on 17 Feb 1999 via Charge ID 90094378 with Bank Of Maharashtra was fully satisfied on 16 Jan 2013.
Charges
A charge registered on 11 Nov 1998 via Charge ID 90096015 with Bank Of Maharashtra was fully satisfied on 16 Jan 2013.
Appointed
Nawalkishor Kedaralal Agrawal was appointed as Director.
Ceased
Sangeeta Suresh Singal ceased to be Director.
Ceased
Suresh Chajuram Singal ceased to be Director.
Appointed
Harshad Champaklal Shukla was appointed as Director.
Charges
A charge with Bank Of Maharashtra of Rs. 50.00 Lakh registered on 11 Nov 1998 with Charge ID 90096015 was modified on 16 Mar 2005.

11 earlier events are in the company report.

Frequently asked questions

Micro Polyester is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Micro Polyester is a company under liquidation, formerly operating as a private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 December 1994 and is registered under CIN U17119GJ1994PTC023980. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Micro Polyester has 2 current directors:

The latest financial statements of Micro Polyester on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Micro Polyester is U17119GJ1994PTC023980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Micro Polyester has open charges of ₹7.34 Cr and satisfied charges of ₹8.95 Cr as per latest MCA filings.

Micro Polyester has 18 court cases on record: 6 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.

Micro Polyester was incorporated on 26 December 1994. It is registered with the Registrar of Companies, Ahmedabad.

Nawalkishor Kedaralal Agrawal was appointed as Director on 10 Jan 2013. Sangeeta Suresh Singal ceased to be Director on 10 Jan 2013. Suresh Chajuram Singal ceased to be Director on 09 Jan 2013. Micro Polyester has 4 board changes on record in total.

The registered office of Micro Polyester is at 2025 – 26 Jash Textile Market Ring Road, Surat, Gujarat, India – 395002.