About Micro Polypet Private Limited
Data last updated:
Micro Polypet Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the plastic and resins segment of the manufacturing sector. It was incorporated on 13 August 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U25200WB2010PTC218719. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹11.25 Cr. It was led by directors including Mrigank Dhanuka and Chandra Kumar Dhanuka.
Its last annual general meeting (AGM) was held on 09 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Dhunseri House 4A 2nd Floor Woodburn Park, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2016, the company reported a revenue of ₹381.26 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹105.21 Cr (net margin -27.6%) and EBITDA of -₹19.05 Cr (EBITDA margin -5%).
Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹1,116.87 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in November 2015.
The last known website on record is mpet.co.in.
Company details
CIN history
Micro Polypet has one previous CIN (Corporate Identification Number): U25200DL2010PTC207043. The current CIN is U25200WB2010PTC218719, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25200WB2010PTC218719 | Current |
| U25200DL2010PTC207043 | Previous |
Contact details
Micro Polypet Private Limited's registered office is in Kolkata, West Bengal. Its website is mpet.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressDhunseri House 4A 2nd Floor Woodburn Park, Kolkata, West Bengal, India – 700020
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Micro Polypet Private 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 Micro Polypet Private Limited
FY 2016 filings availableMicro Polypet Private Limited reported revenue of ₹381.26 Cr (up 158% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 158% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | -₹19.05 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹105.21 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -5% | |
| Net Profit Margin | -27.6% | |
| 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 Polypet Private Limited, buy the company report.
Board of directors and KMP of Micro Polypet Private Limited
Micro Polypet Private Limited currently reports 6 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mrigank Dhanuka | Director | 12 Sep 2016 | 10 Years 1 Months | As last reported |
| Chandra Kumar Dhanuka | Director | 12 Sep 2016 | 10 Years 1 Months | As last reported |
| Dilip Kumar Agarwal Also directs: Valor Petrochemicals Limited | Director | 23 Dec 2015 | 10 Years 10 Months | As last reported |
| Sanjay Ramdas Ahuja Also directs: Indorama Ventures Global Shared Services Private Limited | Director | 12 Sep 2016 | 10 Years 1 Months | As last reported |
| Shalu Saraf | Company Secretary | 02 Feb 2015 | 11 Years 9 Months | As last reported |
| Vipin Kumar Also directs: Indo Rama Synthetics (India) Limited | Director | 23 Dec 2015 | 10 Years 10 Months | As last reported |
Auditor
Micro Polypet Private Limited is audited by B. S. R. & Co. LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. S. R. & Co. LLP | FY 2016 |
Shareholding
The shareholding of Micro Polypet Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Micro Polypet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2016 | 100038272 | The Hongkong and Shanghai Banking Corporation Limited | ₹130 Cr | Satisfied | |
| 09 Jun 2015 | 10576867 | Bank of Baroda | ₹11.7 Lakh | Satisfied | |
| 27 Mar 2015 | 10558851 | United Bank of India | ₹4 Cr | Satisfied | |
| 13 Sep 2013 | 10450683 | Bank of Baroda | ₹547.25 Cr | Satisfied | |
| 24 Dec 2011 | 10330225 | Others | ₹204 Cr | Satisfied |
To see the full charge records of Micro Polypet Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Micro Polypet Private Limited has 1 deal on record (1 acquisition); the latest was in November 2015.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2015 | Acquisition | Undisclosed | Buyer: Indorama Ventures Public Company Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Micro Polypet Private Limited has 5 court cases on record: 4 filed by Micro Polypet, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed against the company by Ishaan Plastics Pvt. Ltd | Pending |
| District court, North West, Delhi | Civil suit | Filed by the company against MM Viniyog P Ltd | Disposed |
| District court, North West, Delhi | Criminal case | Filed by the company against Ms Micro Idana Pet Industries Pvt.Ltd. | Disposed |
| District court, North West, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Micro Polypet Private 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 Micro Polypet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Micro Polypet has 2 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sanchit Polymers Private Limited | U25209DL2007PTC157971 | |
| Eternity Infrabuild Private Limited | U45300DL2007PTC169859 |
To see the full group structure of Micro Polypet Private Limited, buy the company report.
GST
Micro Polypet has 2 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 Micro Polypet Private Limited, buy the company report.
Recent activity
Micro Polypet Private Limited has 22 board changes on record since 2014: 7 appointments and 15 cessations. The latest: Chandra Kumar Dhanuka was appointed as Director on 12 Sep 2016.
30 earlier events are in the company report.
Frequently asked questions
Micro Polypet has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Micro Polypet was a private limited company based in Kolkata, West Bengal, India. The company worked in plastic and resins, within the manufacturing industry. It was incorporated on 13 August 2010 and is registered under CIN U25200WB2010PTC218719. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Micro Polypet was incorporated on 13 August 2010. It is registered with the Registrar of Companies, Kolkata.
Micro Polypet had 7 directors and KMP:
- Mrigank Dhanuka - Director
- Chandra Kumar Dhanuka - Director
- Dilip Kumar Agarwal - Director
- Sanjay Ramdas Ahuja - Director
- Vipin Kumar - Director
- Rajiv Kumar Sharma - Director
- Shalu Saraf - Company Secretary
The CIN (Corporate Identification Number) of Micro Polypet is U25200WB2010PTC218719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Micro Polypet is at Dhunseri House 4A 2nd Floor Woodburn Park, Kolkata, West Bengal, India – 700020.
Micro Polypet can be reached through the website mpet.co.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Micro Polypet on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 09 August 2016. Year-wise statements from 2015 are in the company report.
No. Micro Polypet has 2 GST registrations on record and all of them are cancelled or inactive.
Micro Polypet operated in the manufacturing industry, in the plastic and resins segment.
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