Ashok Polymers Limited

Produces HDPE/PP woven sacks and fabrics for packaging using various materials.

1991 | Hyderabad, Telangana (India) | Active
Last Updated: December 16, 2024

Ashok Polymers Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 1.78 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 23.30 Cr
  • Satisfied Charges ₹ 46.69 Cr
  • Revenue Growth -11.25%
  • Profit Growth -655.46%
  • Ebitda -45.85%
  • Net Worth -23.56%
  • Total Assets 6.37%

About Ashok Polymers

Ashok Polymers Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 September 1991 and has a history of 33 years and four months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Ashok Woven Sacks Private Limited. 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 2017. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 1.78 Cr.

The company currently has active open charges totaling ₹23.30 Cr. The company has closed loans amounting to ₹46.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Soni, Kalpana Soni, and Narsingh Das serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L18101TG1991PLC013270

  • Company No.

    013270

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1991

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Packaging

What products or services does Ashok Polymers Limited offer?

Ashok Polymers Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Ball Valves, Air Valves, Handle Ball Valve, Plastic Ball Valves, PVC Ball Valves, UPVC Ball Valve.

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

Executive Team (1)

Name Designation Appointment Date Status
Narsingh Das Country flag representing In Managing Director 18-Nov-2015 Current

Board Members (2)

Name Designation Appointment Date Status
Ashok Soni Country flag representing In Whole-Time Director 29-Sep-1997 Current
Kalpana Soni Country flag representing In Director 02-Jan-2008 Current

Financial Performance of Ashok Polymers.

Ashok Polymers Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 11.25% decrease. The company also saw a substantial fall in profitability, with a 655.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.56%.

Graph illustrating revenue growth over time
Graph showing 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
-11.25%
Revenue from Operations
-11.30%
Total Assets
6.37%
Profit or Loss
-655.46%
Net Worth
-23.56%
EBITDA
-45.85%

What is the Ownership and Shareholding Structure of Ashok Polymers?

In 2017, Ashok Polymers had a promoter holding of 69.20% and a public holding of 30.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.30 Cr

Satisfied Charges

₹46.69 Cr

Charges Breakdown by Lending Institutions

  • Others : 23.30 Cr

Latest Charge Details

Date Lender Amount Status
07 Jan 2012 Others ₹23.30 Cr Open
15 Feb 2011 Reliance Capital Ltd ₹5.00 M Satisfied
13 Jun 2009 Hdfc Bank Limited ₹1.50 Cr Satisfied
05 Mar 2009 Reliance Capital Ltd ₹4.61 M Satisfied
05 Feb 2009 Reliance Capital Ltd ₹4.03 M Satisfied

How Many Employees Work at Ashok Polymers?

Ashok Polymers has a workforce of 6 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashok 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 Ashok 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 Ashok Polymers

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 23.30 Cr registered on 07 Jan 2012 with Charge ID 10331059 was modified on 19 Feb 2019.

    19 Feb 2019

  • Annual General Meeting

    Ashok Polymers Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Ashok Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Hyderabad.

    31 Mar 2017

  • Charges

    A charge registered on 15 Feb 2011 via Charge ID 10269963 with Reliance Capital Ltd was fully satisfied on 01 Aug 2016.

    01 Aug 2016

  • Director Appointment

    Narsingh Soni Das was appointed as a Managing Director was appointed as a Managing Director on 18 Nov 2015 & has been associated with this company since 9 years 2 months .

    18 Nov 2015

  • Charges

    A charge registered on 13 Jun 2009 via Charge ID 10163117 with Hdfc Bank Limited was fully satisfied on 02 Mar 2012.

    02 Mar 2012

Frequently asked questions

  • Ashok Polymers Limited was incorporated on 30 Sep 1991.

  • The authorized share capital of Ashok Polymers Limited is ₹ 3.50 Cr and paid-up capital is ₹ 1.78 Cr.

  • Currently 3 directors are associated with Ashok Polymers Limited.

    • Ashok Kumar Soni
    • Kalpana Devi Soni
    • Narsingh Soni Das
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashok Polymers Limited is 15-2-134/Mharajgunj, Hyderabadhyderabad Hyderabad India, Andhra Pradesh, Telangana, 500006.

  • The corporate identification number (CIN) of Ashok Polymers Limited is L18101TG1991PLC013270 and the company number is 013270 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Ashok Polymers Limited has fallen by -11.25%.

  • As Per 2017 financial reports, 6 employees are currently employed by Ashok Polymers Limited.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Ashok Polymers Limited has experienced an downturn of -23.56%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Ashok Polymers Limited amount to ₹ 23.30 Cr.

  • The most recent Balance Sheet for Ashok Polymers Limited was filed with the ROC on 31 Mar 2017.

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