Ashirvad Polysac Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
- Paid Up Capital ₹ 1.03 Cr
- Company Age 34 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.65 Cr
- Satisfied Charges ₹ 8.51 M
- Revenue Growth 9.12%
- Profit Growth 3.41%
- Ebitda -12.48%
- Net Worth 9.88%
- Total Assets -12.93%
About Ashirvad Polysac
Ashirvad Polysac Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 December 1990 and has a history of 34 years and two months. Its registered office is in Mangalore, Karnataka.
The Company is engaged in the Packaging 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 1.10 Cr and a paid-up capital of Rs 1.03 Cr.
The company currently has active open charges totaling ₹12.65 Cr. The company has closed loans amounting to ₹8.51 M, as per Ministry of Corporate Affairs (MCA) records.
Gopalkrishna Shenoy and Goutham Shenoy serve as directors at the Company.
Company Details
- Location Mangalore, Karnataka
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U25206KA1990PTC011439
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Company No.
011439
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Dec 1990
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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 Bangalore
Industry
Who are the key members and board of directors at Ashirvad Polysac?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gopalkrishna Shenoy
|
Managing Director | 05-Dec-1990 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Goutham Shenoy
|
Director | 06-Jul-1998 | Current |
Financial Performance of Ashirvad Polysac.
Ashirvad Polysac Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.12% increase. The company also saw a slight improvement in profitability, with a 3.41% increase in profit. The company's net worth moved up by a moderate rise of 9.88%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Ashirvad Polysac?
In 2023, Ashirvad Polysac had a promoter holding of 59.86% and a public holding of 40.14%. 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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Ashirvad Plastics Private LimitedGopalkrishna Shenoy and Goutham Shenoy are mutual person
Charges (Loans)
₹12.65 Cr
₹0.85 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 10.21 Cr
- Karnataka State Financial Corporation : 2.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2023 | Karnataka State Financial Corporation | ₹3.00 M | Open |
| 02 Feb 2021 | Karnataka State Financial Corporation | ₹8.40 M | Open |
| 14 Aug 2019 | Karnataka State Financial Corporation | ₹1.00 M | Open |
| 05 Mar 2019 | Karnataka State Financial Corporation | ₹1.20 Cr | Open |
| 27 May 2014 | Canara Bank | ₹0.79 M | Open |
How Many Employees Work at Ashirvad Polysac?
Ashirvad Polysac has a workforce of 40 employees as of Apr 05, 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 Ashirvad Polysac, 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 Ashirvad Polysac'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.