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Subhash Polytex Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1972.

1972 | Mumbai, Maharashtra, India | Active
Last Updated:

About Subhash Polytex Limited

Subhash Polytex Limited, a active public limited company, was established on 06 September 1972 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U70101MH1972PLC015982. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹2.86 Cr.

Formerly known as Subhash Woollen Mills Pvt Ltd. It upholds a compliant status. Employing 133 professional, Its leadership includes Suresh Kumar Bansal (Director), Avnish Dhingra (Director), Ashwani Arora (Director). Past directors included Sanjay Gupta, Suman Kejriwal, Sugandha Kejriwal. It holds ₹42.15 Cr open charges and ₹35.47 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No 6 Shyam Nagarmajas Village Jogeshwari (E), Mumbai, Maharashtra, 400060.

Company Details

  • CIN/LLPIN

    U70101MH1972PLC015982

  • Registration Number

    015982

  • Incorporation Date

    06 September 1972

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹2.86 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 2.86 Cr
  • Company Age 53 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 42.15 Cr
  • Satisfied Charges ₹ 35.47 Cr
  • Revenue Growth 14.31%
  • Profit Growth 29.00%
  • Ebitda 16.08%
  • Net Worth 52.74%
  • Total Assets 11.92%
Company report

Subhash Polytex Limited

Company Report FY 2025-2026

Explore comprehensive insights into Subhash Polytex Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Subhash Polytex Limited?

Current Directors

NameDesignationAppointment DateStatus
Suresh Kumar BansalDirector21 Mar 2020Current
Avnish DhingraDirector17 Jan 2024Current
Ashwani AroraDirector20 Jan 2024Current
Saurabh KejriwalManaging Director01 Feb 2007Current
Subhash KejriwalWhole-Time Director31 Mar 1977Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director04 Jun 2009Past
Pramod AbcsddDirector12 Oct 2021Past
Pramod AbcsddDirector10 Apr 2009Past
Pramod AbcsddDirector01 Jun 2019Past
Pramod AbcsddDirector09 Jan 2013Past
Pramod AbcsddAdditional Director29 Sep 2024Past

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Financial Performance of Subhash Polytex.

Subhash Polytex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.31% increase. The company also saw a substantial improvement in profitability, with a 29% increase in profit. The company's net worth Soared by an impressive increase of 52.74%.

Subhash Polytex revenue growth over time
Subhash Polytex profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.31%
Revenue from Operations
13.93%
Total Assets
11.92%
Profit or Loss
29.00%
Net Worth
52.74%
EBITDA
16.08%

What is the Ownership and Shareholding Structure of Subhash Polytex?

In 2023, Subhash Polytex had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹421,500,000.00

Satisfied Charges

₹354,662,500.00

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 39.85 Cr
  • Indian Overseas Bank : 1.00 Cr
  • Sidbi : 1.00 Cr
  • Others : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2024Indian Overseas Bank₹1.00 CrOpen
01 Nov 2023Others₹1.00 MOpen
13 Jun 2023Sidbi₹1.00 CrOpen
15 Jul 2022Others₹2.00 MOpen
27 Apr 2016Axis Bank Limited₹39.85 CrOpen

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How Many Employees Work at Subhash Polytex?

Subhash Polytex has a workforce of 133 employees as of Apr 07, 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.

Employee growth trends for Subhash Polytex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Subhash Polytex, 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 Subhash Polytex's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Subhash Polytex

Recent Activity within the Organization

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 39.85 Cr registered on 27 Apr 2016 with Charge ID 100032542 was modified on 10 Sep 2025. was documented.

  • Charges

    A charge registered on 20 Dec 2023 via Charge ID 100841011 with Others was fully satisfied on 09 Apr 2025. was recorded as a recent event.

  • Annual General Meeting

    Subhash Polytex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Indian Overseas Bank amounted to Rs. 1.00 Cr with Charge ID 100979363 was registered on 31 Aug 2024. was completed.

  • Charges

    A charge registered on 06 Nov 2021 via Charge ID 100505935 with Others was fully satisfied on 14 Jun 2024. was recorded as a recent event.

  • Balance Sheet

    Progress on Subhash Polytex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

Frequently Asked Questions

  • What is the CIN of Subhash Polytex Limited?

    The CIN of Subhash Polytex Limited is U70101MH1972PLC015982.

  • Where is Subhash Polytex Limited headquartered?

    Subhash Polytex Limited is headquartered at Plot No 6 Shyam Nagarmajas Village Jogeshwari (E), Mumbai, Maharashtra, 400060.

  • When was Subhash Polytex Limited incorporated?

    Subhash Polytex Limited was incorporated on 06 September 1972.

  • Who are the current directors of Subhash Polytex Limited?

    The current directors of Subhash Polytex Limited are

  • What is the primary industry of Subhash Polytex Limited?

    The primary industry of Subhash Polytex Limited is Manufacturing.

  • Is Subhash Polytex Limited a listed company?

    Subhash Polytex Limited is unlisted.

  • What is the capital structure of Subhash Polytex Limited?

    The authorized capital of Subhash Polytex Limited is ₹20.00 Cr, and the paid-up capital is ₹2.86 Cr.

  • What is the compliance status of Subhash Polytex Limited?

    The compliance status of Subhash Polytex Limited is Compliant.

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