Achut Polymers Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.60 M
- Company Age 35 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.23 Cr
- Satisfied Charges ₹ 5.00 M
- Revenue Growth 328.40%
- Profit Growth 269.24%
- Ebitda 95.53%
- Net Worth 12.63%
- Total Assets 18.40%
About Achut Polymers
Achut Polymers Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 December 1989 and has a history of 35 years and one month. Its registered office is in Vadodara, Gujarat, India.
The Corporate was formerly known as Achut Polymer 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 5.00 M and a paid-up capital of Rs 4.60 M.
The company currently has active open charges totaling ₹4.23 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.
Pawan Agarwal and Piyush Agarwal serve as directors at the Company.
Company Details
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17120GJ1989PTC013186
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Company No.
013186
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Dec 1989
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Achut Polymers Private Limited offer?
Achut Polymers Private Limited offers a wide range of products and services, including Wood, Plywood, Veneer & Laminates, Laminate Sheets, Building Panels & Cladding Materials, Wall Partitions And Door Partitions, Insulators & Insulation Materials, Sandwich Panels, Composite Panels, Wood Boards.
Who are the key members and board of directors at Achut Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pawan Agarwal
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Managing Director | 20-Apr-1995 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Piyush Agarwal
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Director | 15-Nov-2017 | Current |
Financial Performance of Achut Polymers.
Achut Polymers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 328.4% increase. The company also saw a substantial improvement in profitability, with a 269.24% increase in profit. The company's net worth Soared by an impressive increase of 12.63%.
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What is the Ownership and Shareholding Structure of Achut Polymers?
In 2022, Achut Polymers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Dynamic Hirise Private LimitedPiyush Agarwal is a mutual person
Charges (Loans)
₹42.28 M
₹5.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Sep 2022 | Hdfc Bank Limited | ₹4.23 Cr | Open |
| 16 Jul 1992 | Bank Of Baroda | ₹0.40 M | Satisfied |
| 07 Mar 1991 | Gujarat Industrial Investment Corporation Ltd. | ₹4.60 M | Satisfied |
How Many Employees Work at Achut Polymers?
Achut Polymers has a workforce of 17 employees as of Apr 02, 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 Achut Polymers, 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 Achut Polymers'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.
