United Polyfab Gujarat Ltd

The Company was incorporated as United Polyfab (Unit-II) Private Limited under the provision of Companies Act, 1956 vide Certificate of Incorporation dated November 16, 2010, issued by the Registrar o ... f Companies, Ahmedabad. Consequent upon the conversion of the Company to Public Limited, the name was changed to United Polyfab (Unit-II) Limited and the fresh Certificate of Incorporation dated December 3, 2015, was issued by the Registrar of Companies, Ahmedabad. Subsequently, the name of Company was changed to United Polyfab Gujarat Limited and Certificate of Incorporation dated December 11, 2015, pursuant to the change of name was issued by Registrar of Companies, Ahmedabad. Being a leading textile company, it manufactures and produces cotton yarn and woven fabrics. The Company also does the job work of manufacturing/ weaving of gray denim, gray fabric, and gray cotton fabric. The Company is having two units. In one unit company is carrying the business of manufacturing of grey cloth & job work. It uses yarn cloth as raw material & manufactures grey cloth using that. In the second unit, company running spinning unit, in that, the Company uses cotton & manufactured yarn. The Company operates at its average production capacity of 1500000 meters of gray fabric, dyed Fabric, 100% cotton yarn production per month. After establishing the strong foothold in the trading and manufacturing (weaving/spinning) activities, as a part of the backward integration, the Company had set up a spinning unit with the installed capacity of 40,000 spindles at Timba Village, Daskroi. During the year 2021, Company had increased the Paid capital from Rs. 6,98,38,500/- to Rs.20,95,15,500/- pursuant to allotment of 1,39,67,700 fully paid bonus Equity shares of Rs. 10/- each in the ratio of 2: 1 [i.e. 2 bonus equity shares of Rs. 10/- each for every 1 fully paid-up equity share of Rs.10/-] Read More