Polytech Millennium (India) Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.49 M
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.20 M
- Satisfied Charges ₹ 5.76 Cr
- Revenue Growth -22.39%
- Profit Growth -80.55%
- Ebitda -23.83%
- Net Worth -38.59%
- Total Assets -11.79%
About Polytech Millennium (India)
Polytech Millennium (India) Private Limited (PMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 October 1991 and has a history of 33 years and seven months. Its registered office is in Thane, Maharashtra.
The Corporate was formerly known as Hedkan Polyplast Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.49 M.
The company currently has active open charges totaling ₹2.20 M. The company has closed loans amounting to ₹5.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jaigopal Shukla, Kirti Patel, and Bhogilal Patel serve as directors at the Company.
Company Details
- Location Thane, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25200MH1991PTC063646
- Company No.
063646
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Oct 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Polytech Millennium (India) Private Limited offer?
Polytech Millennium (India) Private Limited offers a wide range of products and services, including Forged Components, Forged Automotive Components, Pharmaceutical Machines, Pharmaceutical Machinery Parts.
Polytech Millennium (India) Private Limited
Explore comprehensive data for Polytech Millennium (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Polytech Millennium (India)?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaigopal Shukla  | Director | 21-Sep-1998 | Current |
| Kirti Patel | Director | 21-Sep-1998 | Current |
| Bhogilal Patel | Director | 21-Sep-1998 | Current |
Financial Performance of Polytech Millennium (India).
Polytech Millennium (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.39% decrease. The company also saw a substantial fall in profitability, with a 80.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 38.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Polytech Millennium (India)?
In 2023, Polytech Millennium (India) had a public holding of 54.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Ruusco Plast Private Limited
Jaigopal Shukla is a mutual person
- Vita Plasto Products Private Limited
Kirti Patel is a mutual person
- Qualiplast Solutions Llp
Bhogilal Patel is a mutual person
Charges (Loans)
Open Charges
₹2.20 M
Satisfied Charges
₹57.58 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2024 | Hdfc Bank Limited | ₹2.20 M | Open |
| 06 Dec 2017 | Others | ₹9.80 M | Satisfied |
| 05 Dec 2017 | Others | ₹9.80 M | Satisfied |
| 23 Aug 2016 | Others | ₹3.98 M | Satisfied |
| 29 Jan 2011 | Abhyudaya Co-Op. Bank Ltd. | ₹8.00 M | Satisfied |
How Many Employees Work at Polytech Millennium (India)?
Polytech Millennium (India) has a workforce of 15 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polytech Millennium (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Polytech Millennium (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Polytech Millennium (India)
Recent activity within the organization
- Annual General Meeting
Polytech Millennium (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.20 M with Charge ID 100976044 was registered on 06 Jul 2024.
- Charges
A charge registered on 29 Jan 2011 via Charge ID 10273862 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 25 Jun 2024.
- Charges
A charge registered on 13 Aug 2007 via Charge ID 10064412 with Abhyudaya Co-Operative Bank Ltd. was fully satisfied on 25 Jun 2024.
- Charges
A charge registered on 08 Aug 2007 via Charge ID 10064374 with Abhyudaya Co-Operative Bank Ltd. was fully satisfied on 25 Jun 2024.
- Charges
A charge registered on 28 Jan 2000 via Charge ID 90157396 with Abhyudaya Co-Op. Bank Ltd. was fully satisfied on 25 Jun 2024.
Frequently asked questions
What is the Incorporation or founding date of Polytech Millennium (India) Private Limited?
Polytech Millennium (India) Private Limited was incorporated on 16 Oct 1991.
What is authorized share capital and paid-up capital of Polytech Millennium (India) Private Limited?
The authorized share capital of Polytech Millennium (India) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.49 M.
Who are the current board members & directors of Polytech Millennium (India) Private Limited?
Currently 3 directors are associated with Polytech Millennium (India) Private Limited.
- Jaigopal Ramashankar Shukla
- Kirti Harjivanbhai Patel
- Bhogilal Govindbhai Patel
What is the registered address of Polytech Millennium (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Polytech Millennium (India) Private Limited is Plot No.1 S.No.166 A/1 Mumbai Agra National Highway No.3 Asangaon Tal.Sahapur, India, Thane, Maharashtra.
What is the corporate identification number (CIN) and company number of Polytech Millennium (India) Private Limited?
The corporate identification number (CIN) of Polytech Millennium (India) Private Limited is U25200MH1991PTC063646 and the company number is 063646 as per Ministry of Corporate Affairs (MCA).
What is the official website of Polytech Millennium (India) Private Limited?
The Official website of Polytech Millennium (India) Private Limited is https://www.polytechgroup.co.in
What has been the recent revenue trend for Polytech Millennium (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Polytech Millennium (India) Private Limited has fallen by -22.39%.
How many employees does Polytech Millennium (India) Private Limited currently have?
As Per 2023 financial reports, 15 employees are currently employed by Polytech Millennium (India) Private Limited.
What change has been observed in the net worth of Polytech Millennium (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Polytech Millennium (India) Private Limited has experienced an downturn of -38.59%.
What are the total open charges for Polytech Millennium (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Polytech Millennium (India) Private Limited amount to ₹ 2.20 M.
When was the last Balance Sheet of Polytech Millennium (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Polytech Millennium (India) Private Limited was filed with the ROC on 31 Mar 2024.
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