Ashoka Polymers Private Limited

Manufactures various types of PVC pipes for plumbing and construction purposes.

2006 | Muzaffarpur, Bihar (India) | Active
Last Updated: July 17, 2024

Ashoka Polymers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.94 M
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.81 Cr
  • Satisfied Charges ₹ 1.64 Cr
  • Revenue Growth -27.34%
  • Profit Growth -45.11%
  • Ebitda -17.15%
  • Net Worth 6.66%
  • Total Assets -6.68%

About Ashoka Polymers

Ashoka Polymers Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 September 2006 and has a history of 18 years and four months. Its registered office is in Muzaffarpur, Bihar, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 2.94 M.

The company currently has active open charges totaling ₹7.81 Cr. The company has closed loans amounting to ₹1.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinit Agarwal and Santosh Agrawal serve as directors at the Company.

Company Details

  • Location

    Muzaffarpur, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ashokapolymers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209BR2006PTC012675

  • Company No.

    012675

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Manufacturing

What products or services does Ashoka Polymers Private Limited offer?

Ashoka Polymers Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, UPVC Water Pipes, Borewell Pipes.

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

Board Members (2)

Name Designation Appointment Date Status
Vinit Agarwal Country flag representing In Director 26-Sep-2006 Current
Santosh Agrawal Country flag representing In Director 15-Apr-2021 Current

Financial Performance of Ashoka Polymers.

Ashoka Polymers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.34% decrease. The company also saw a substantial fall in profitability, with a 45.11% decrease in profit. The company's net worth moved up by a moderate rise of 6.66%.

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
-27.34%
Revenue from Operations
-27.44%
Total Assets
-6.68%
Profit or Loss
-45.11%
Net Worth
6.66%
EBITDA
-17.15%

What is the Ownership and Shareholding Structure of Ashoka Polymers?

In 2023, Ashoka 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹78.10 M

Satisfied Charges

₹16.37 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.81 Cr

Latest Charge Details

Date Lender Amount Status
30 Oct 2019 Hdfc Bank Limited ₹7.81 Cr Open
16 Dec 2015 Others ₹0.70 M Satisfied
14 Sep 2009 Bank Of Baroda ₹1.57 Cr Satisfied

How Many Employees Work at Ashoka Polymers?

Ashoka Polymers has a workforce of 73 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 Ashoka 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 Ashoka 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 Ashoka Polymers

Recent activity within the organization

  • Annual General Meeting

    Ashoka Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Ashoka Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 78.10 M registered on 30 Oct 2019 with Charge ID 100299191 was modified on 23 Jan 2023.

    23 Jan 2023

  • Director Appointment

    Santosh Agrawal was appointed as a Director was appointed as a Director on 15 Apr 2021 & has been associated with this company since 3 years 9 months .

    15 Apr 2021

  • Charges

    A charge registered on 14 Sep 2009 via Charge ID 10185238 with Bank Of Baroda was fully satisfied on 14 Nov 2019.

    14 Nov 2019

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 78.10 M with Charge ID 100299191 was registered on 30 Oct 2019.

    30 Oct 2019

Frequently asked questions

  • Ashoka Polymers Private Limited was incorporated on 26 Sep 2006.

  • The authorized share capital of Ashoka Polymers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.94 M.

  • Currently 2 directors are associated with Ashoka Polymers Private Limited.

    • Vinit Agarwal
    • Santosh Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashoka Polymers Private Limited is Plot No. A- 41-43 Bela Industrial Area, Muzaffarpur, Bihar, India, 842005.

  • The corporate identification number (CIN) of Ashoka Polymers Private Limited is U25209BR2006PTC012675 and the company number is 012675 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ashoka Polymers Private Limited is https://www.ashokapolymers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashoka Polymers Private Limited has fallen by -27.34%.

  • As Per 2023 financial reports, 73 employees are currently employed by Ashoka Polymers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashoka Polymers Private Limited has experienced an upsurge of 6.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashoka Polymers Private Limited amount to ₹ 7.81 Cr.

  • The most recent Balance Sheet for Ashoka Polymers Private Limited was filed with the ROC on 31 Mar 2023.

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