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Midland Polymers Ltd. (India)

Main Activities: Plastics Product Manufacturing
Full name: Midland Polymers Ltd. Profile Updated: November 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Midland Polymers Limited (MPL), was incorporated as a Public Ltd Company on 1st Sep.'92 and commenced its business from 15th Jan.'93. It has been promoted by Mr. Alok Saboo, Mr.Mukund Saboo, Mr. Sudhir Lakhotia and Mr. Ramesh Prasad Kabra - the promoters of the Saboo group of companies, Gwalior. MPL came out with a public issue of 19,80,000 equity shares of Rs. 10 each for cash at par aggregating Rs. 1.98 crores to part finance the enhancement of installed capacity for manufacture of Mono-axially Oriented Polypropylene (MOPP) film from 616 to 1354 MTPA at its plant at Bhiwadi. The company is currently implementing Phase I of the project.

Legal Address
101, 1st Floor,, 251, Nayapura, Pathar Godam
Indore; Madhya Pradesh; Postal Code: 452003

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Website: http://www.midlandpolymers.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Independent Director
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Independent Director
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Non Executive Director
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Managing Director
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Co. Secretary & Compl. Officer
Ownership Details
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87.55%
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6.79%
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5.66%
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Subsidiaries
Protect Nature Pvt.Ltd.
97%
Company Performance
Financial values in the chart are available after Midland Polymers Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
-217.86%
Net Profit (Loss) for the Period
-217.86%

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