- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0076569

About Parth Poly Coat Yarn Private Limited
Data last updated:
Parth Poly Coat Yarn Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC070493. Its GSTIN is 24AAGCP6363E1ZH (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Shaileshkumar Keshubhai Koladiya and Virang Shaileshkumar Koladiya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Arvind Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹15.14 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹14.64 Lakh (net margin 1%) and EBITDA of ₹1.47 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 13% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.4 Cr and satisfied charges of ₹1.65 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 3 cases are pending.
Parth Poly Coat Yarn Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0076569). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parthpolycoat.com.
Company details
Recognitions & Rankings of Parth Poly Coat Yarn
Contact details
Parth Poly Coat Yarn Private Limited's registered office is in Ahmedabad, Gujarat. Its website is parthpolycoat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No. 53 Mahashakti Ind. Estate B/H Anil Starch Mill Opp. Arvind Park Society Ba, Punagar, Ahmedabad, Gujarat, India – 380024
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Parth Poly Coat Yarn 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 Parth Poly Coat Yarn Private Limited
FY 2024 filings availableParth Poly Coat Yarn Private Limited reported revenue of ₹15.14 Cr (down 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 18% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15.14 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.64 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 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 Parth Poly Coat Yarn Private Limited, buy the company report.
Board of directors of Parth Poly Coat Yarn Private Limited
Parth Poly Coat Yarn has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaileshkumar Keshubhai Koladiya | Director | 23 Mar 2016 | 10 Years 7 Months | Current |
| Virang Shaileshkumar Koladiya Also directs: Fairdeal Multifilament Private Limited | Director | 07 Jun 2016 | 10 Years 4 Months | Current |
| Gitaben Shaileshbhai Koladiya | Director | 28 May 2012 | 14 Years 5 Months | Current |
Auditor
Parth Poly Coat Yarn Private Limited is audited by ANIL KHUNT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL KHUNT & CO. | FY 2023 | 147636 |
Shareholding
The shareholding of Parth Poly Coat Yarn Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parth Poly Coat Yarn Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2019 | 100247041 | The Kalupur Commercial Co-Operative Bank Limited | ₹13 Lakh | Open | |
| 23 Jun 2017 | 100105659 | The Kalupur Commercial Co-Operative Bank Limited | ₹8.27 Cr | Open | |
| 22 Oct 2012 | 10384262 | Bank of Baroda | ₹1.65 Cr | Satisfied |
To see the full charge records of Parth Poly Coat Yarn Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Parth Poly Coat Yarn Private Limited has 19 court cases on record: 5 filed by Parth Poly Coat Yarn, 14 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 16 | 11 | 3 |
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Fintech Restructuring LLP | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Fintech Restructuring LLP | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Fintech Restructuring LLP | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Fintech Restructuring LLP and 3 others | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Fintech Restructuring LLP and 3 others | Disposed |
To see the full case history of Parth Poly Coat Yarn 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
Parth Poly Coat Yarn Private Limited has 7 MSME Form 1 returns on record between 2018 and 2022, listing 112 overdue payments to 41 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 41)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| L R Moulds Private Limited | |||
| Khanna and Khanna Limited | |||
| Amul Packaging | |||
| an individual supplier | |||
| Ambica Enterprise |
To see the full MSME payment records of Parth Poly Coat Yarn Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Parth Poly Coat Yarn Private Limited has a workforce of 6 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Parth Poly Coat Yarn has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCP6363E1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parth Poly Coat Yarn Private Limited, buy the company report.
Recent activity
Parth Poly Coat Yarn Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Gordhanbhai Haribhai Malani ceased to be Director on 09 Mar 2017.
7 earlier events are in the company report.
Frequently asked questions
Parth Poly Coat Yarn is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 May 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC070493.
Parth Poly Coat Yarn has 3 current directors:
- Shaileshkumar Keshubhai Koladiya - Director
- Virang Shaileshkumar Koladiya - Director
- Gitaben Shaileshbhai Koladiya - Director
The latest financial statements of Parth Poly Coat Yarn on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Parth Poly Coat Yarn is 24AAGCP6363E1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Parth Poly Coat Yarn is U17120GJ2012PTC070493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parth Poly Coat Yarn has 19 court cases on record: 5 filed by the company and 14 filed against it. 3 are pending. Most are in the nclat.
Parth Poly Coat Yarn was incorporated on 28 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gordhanbhai Haribhai Malani ceased to be Director on 09 Mar 2017. Shaileshkumar Keshubhai Koladiya ceased to be Additional Director on 29 Sep 2016. Virang Shaileshkumar Koladiya ceased to be Additional Director on 29 Sep 2016. Parth Poly Coat Yarn has 10 board changes on record in total.
Yes, Parth Poly Coat Yarn is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0076569).
Parth Poly Coat Yarn has 7 MSME Form 1 returns on record between 2018 and 2022, listing 112 overdue payments to 41 micro and small suppliers. The latest return was filed on 26 Apr 2022.
Parth Poly Coat Yarn can be reached through the website parthpolycoat.com. Its registered office is in Ahmedabad, Gujarat, India.

