Admark Polycoats Profile
Key Indicators
- Authorised Capital ₹ 2.75 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 22 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.95 Cr
- Satisfied Charges ₹ 14.60 Cr
- Revenue Growth 59.04%
- Profit Growth 44.94%
- Ebitda 44.03%
- Net Worth 19.21%
- Total Assets 42.38%
About Admark Polycoats
Admark Polycoats Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 July 2002 and has a history of 22 years and seven months. Its registered office is in Vadodara, Gujarat, India.
The Corporate was formerly known as Admarc Polycoats Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.75 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹17.95 Cr. The company has closed loans amounting to ₹14.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bharat Chokshi, Anita Chokshi, Kirtikumar Aras, and One other member serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24224GJ2002PTC040987
- Company No.
040987
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jul 2002
- Date of AGM
18 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Admark Polycoats Private Limited offer?
Admark Polycoats Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Nylon Granule, Polyamide, Chemical Reagents & Catalysts, Amine Compounds.
Who are the key members and board of directors at Admark Polycoats?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Chokshi  | Managing Director | 22-Jul-2002 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anita Chokshi  | Director | 15-Jul-2007 | Current |
| Kirtikumar Aras | Director | 31-Jul-2009 | Current |
| Ankur Chokshi | Director | 26-Aug-2021 | Current |
Financial Performance of Admark Polycoats.
Admark Polycoats Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.04% increase. The company also saw a substantial improvement in profitability, with a 44.94% increase in profit. The company's net worth Soared by an impressive increase of 19.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Admark Polycoats?
In 2023, Admark Polycoats had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Grand Polycoats Company Private LimitedBharat Chokshi, Anita Chokshi and 1 more are mutual person
Nanovation Products Private LimitedBharat Chokshi is a mutual person
Novosis Green Technologies LlpBharat Chokshi is a mutual person
- Bpc Innovation Llp
Bharat Chokshi and Anita Chokshi are mutual person
- Gp Envirocoats Llp
Bharat Chokshi is a mutual person
- Palmer Novosis Greentechnologies Llp
Bharat Chokshi is a mutual person
Charges (Loans)
₹17.95 Cr
₹14.60 Cr
Charges Breakdown by Lending Institutions
- Others : 11.95 Cr
- Citi Bank N.A. : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2020 | Others | ₹1.95 Cr | Open |
| 26 Dec 2016 | Others | ₹5.00 Cr | Open |
| 23 Nov 2016 | Others | ₹4.80 Cr | Open |
| 23 Nov 2016 | Others | ₹2.00 M | Open |
| 26 Jun 2014 | Citi Bank N.A. | ₹6.00 Cr | Open |
How Many Employees Work at Admark Polycoats?
Admark Polycoats has a workforce of 51 employees as of Apr 08, 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 Admark Polycoats, 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 Admark Polycoats'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.
