Adept Polymers Private Limited

Manufacturer of precision injection molded plastic components for engineering applications, including automotive parts and contract manufacturing.

1988 | Bangaluru, Karnataka (India) | Active
Last Updated:

Adept Polymers Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.89 Cr
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 8.37 Cr
  • Revenue Growth -96.43%
  • Profit Growth -112.77%
  • Ebitda 82.20%
  • Net Worth -1.43%
  • Total Assets -2.79%

About Adept Polymers

Adept Polymers Private Limited (APPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 June 1988 and has a history of 36 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

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 2022. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 4.89 Cr.

The company has closed loans amounting to ₹8.37 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Mahalakshmi Chandrasekharan, Karthik Chandrasekhar, and Pauline David serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26102KA1988PTC009182

  • Company No.

    009182

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 1988

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing
Company report

Adept Polymers Private Limited

Explore comprehensive data for Adept Polymers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Adept Polymers?

Board Members (3)

NameDesignationAppointment DateStatus
Mahalakshmi Chandrasekharan Country flag representing In Director 10-Jun-1988Current
Karthik Chandrasekhar Country flag representing In Director 02-Dec-1998Current
Pauline David Country flag representing In Director 11-Sep-2006Current

Financial Performance of Adept Polymers.

Adept Polymers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 96.43% decrease. The company also saw a substantial fall in profitability, with a 112.77% decrease in profit. The company's net worth dipped by a decrease of 1.43%.

Adept Polymers revenue growth over time
Adept Polymers 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
-96.43%
Revenue from Operations
-96.69%
Total Assets
-2.79%
Profit or Loss
-112.77%
Net Worth
-1.43%
EBITDA
82.20%

What is the Ownership and Shareholding Structure of Adept Polymers?

In 2022, Adept Polymers had a promoter holding of 47.03% and a public holding of 52.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹8.37 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India. : 7.90 Cr
  • State Bank Of India : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 1998State Bank Of India₹2.10 MSatisfied
22 Mar 1997State Bank Of India.₹7.90 CrSatisfied
04 Apr 1996State Bank Of India₹1.20 MSatisfied
15 Sep 1994State Bank Of India₹0.90 MSatisfied
11 Jul 1988State Bank Of India₹0.45 MSatisfied

How Many Employees Work at Adept Polymers?

Adept Polymers has a workforce of 15 employees as of Mar 27, 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 Adept Polymers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adept 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 Adept Polymers'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 Adept Polymers

Recent activity within the organization

  • Annual General Meeting

    Adept Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Adept Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

  • Charges

    A charge registered on 02 Dec 1998 via Charge ID 90194210 with State Bank Of India was fully satisfied on 15 Jun 2018.

  • Charges

    A charge registered on 04 Apr 1996 via Charge ID 90194001 with State Bank Of India was fully satisfied on 15 Jun 2018.

  • Charges

    A charge registered on 15 Sep 1994 via Charge ID 90193834 with State Bank Of India was fully satisfied on 15 Jun 2018.

  • Charges

    A charge registered on 11 Jul 1988 via Charge ID 90193385 with State Bank Of India was fully satisfied on 15 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Adept Polymers Private Limited?

    Adept Polymers Private Limited was incorporated on 10 Jun 1988.

  • What is authorized share capital and paid-up capital of Adept Polymers Private Limited?

    The authorized share capital of Adept Polymers Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 4.89 Cr.

  • Who are the current board members & directors of Adept Polymers Private Limited?

    Currently 3 directors are associated with Adept Polymers Private Limited.

    • Mahalakshmi Chandrasekharan
    • Karthik Mandakolathur Chandrasekhar
    • Pauline Supriya David

  • What is the registered address of Adept Polymers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Adept Polymers Private Limited is 555 3Rd Main Road, 4Th Phase Peenya Industrial Area India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Adept Polymers Private Limited?

    The corporate identification number (CIN) of Adept Polymers Private Limited is U26102KA1988PTC009182 and the company number is 009182 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Adept Polymers Private Limited?

    The Official website of Adept Polymers Private Limited is https://www.adeptpolymers.com

  • What has been the recent revenue trend for Adept Polymers Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Adept Polymers Private Limited has fallen by -96.43%.

  • How many employees does Adept Polymers Private Limited currently have?

    As Per 2022 financial reports, 15 employees are currently employed by Adept Polymers Private Limited.

  • What change has been observed in the net worth of Adept Polymers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Adept Polymers Private Limited has experienced an downturn of -1.43%.

  • When was the last Balance Sheet of Adept Polymers Private Limited filed with the ROC?

    The most recent Balance Sheet for Adept Polymers Private Limited was filed with the ROC on 31 Mar 2022.

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