Orbit Polyster Limited
About Orbit Polyster Limited
Data last updated:
Orbit Polyster Limited is a public limited company based in Mumbai, Maharashtra, 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 spinning and weaving segment of the textiles sector. It was incorporated on 09 March 1993.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L17120MH1993PLC071068. It is a listed company as per MCA records.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.85 Cr. It is led by directors including Janak Mahendra Mehta and Mukesh Udaykumar Udani.
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 B – 4 Ratna Tarang Old Nagardas Road Andheri (East), Mumbai, Maharashtra, India – 400069.
As per MCA filings, the company has open charges of ₹1.88 Cr on record. Court records list 8 cases involving the company, including 8 filed against it.
Company details
CIN history
Orbit Polyster has one previous CIN (Corporate Identification Number): L17120MH1993PTC071068. The current CIN is L17120MH1993PLC071068, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17120MH1993PLC071068 | Current |
| L17120MH1993PTC071068 | Previous |
Contact details
Orbit Polyster Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressB – 4 Ratna Tarang Old Nagardas Road Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryTextile, Spinning & Weaving, Textile Finishing
- 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 Orbit Polyster Limited
FY 2014 filings availableFinancial Statement Summary
| Metrics | FY 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
| Metrics | FY 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 Orbit Polyster Limited, buy the company report.
Board of directors of Orbit Polyster Limited
Orbit Polyster has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janak Mahendra Mehta | Director | 09 Mar 1993 | 33 Years 7 Months | As last reported |
| Mukesh Udaykumar Udani | Director | 01 Aug 1997 | 29 Years 3 Months | As last reported |
| Vijay Udaykumar Udani | Director | 29 Sep 1997 | 29 Years 1 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 1998 | 90364148 | Union Bank of Idnia | ₹37.6 Lakh | Open | |
| 06 Sep 1995 | 90363818 | Union Bank of Idnia | ₹1.5 Cr | Open |
To see the full charge records of Orbit Polyster Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Orbit Polyster Limited has 8 court cases on record: 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Parekh Marketing Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by The Deputy Registrar of Co. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Asstt. Registrar of Companies | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Asstt. Registrar of Companies | Disposed |
To see the full case history of Orbit Polyster 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 Orbit Polyster Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Orbit Polyster Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Orbit Polyster Limited has 3 board changes on record since 1993: 3 appointments. The latest: Vijay Udaykumar Udani was appointed as Director on 29 Sep 1997.
Frequently asked questions
Orbit Polyster 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.
Orbit Polyster is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in spinning and weaving, within the textile industry. It was incorporated on 09 March 1993 and is registered under CIN L17120MH1993PLC071068. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Orbit Polyster has 3 current directors:
- Janak Mahendra Mehta - Director
- Mukesh Udaykumar Udani - Director
- Vijay Udaykumar Udani - Director
The latest financial statements of Orbit Polyster 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 Orbit Polyster is L17120MH1993PLC071068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Orbit Polyster is a listed company as per MCA records.
Orbit Polyster has open charges of ₹1.88 Cr and no satisfied charges on record as per latest MCA filings.
Orbit Polyster has 8 court cases on record: 8 filed against it. Most are in the district courts.
Orbit Polyster was incorporated on 09 March 1993. It is registered with the Registrar of Companies, Mumbai.
Vijay Udaykumar Udani was appointed as Director on 29 Sep 1997. Mukesh Udaykumar Udani was appointed as Director on 01 Aug 1997. Janak Mahendra Mehta was appointed as Director on 09 Mar 1993.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
