Avg Polymers India Private Limited

Imports, exports, and trades various types of plastics and raw materials.

2017 | Delhi, Delhi (India) | Active
Last Updated: July 28, 2024

Avg Polymers India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth 0.19%
  • Profit Growth -598.38%
  • Ebitda -158.12%
  • Net Worth -222.75%
  • Total Assets -31.27%

About Avg Polymers India

Avg Polymers India Private Limited (APIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 May 2017 (Seven years and eight months 29 days old ). Its registered office is in Delhi, Delhi, India.

The Company is engaged in the Trading 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.50 Cr.

Shavika Gupta and Sachin Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    avgpolymers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209DL2017PTC317710

  • Company No.

    317710

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 May 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Trading

What products or services does Avg Polymers India Private Limited offer?

Avg Polymers India Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Plastic Granules, PP Granules, Reprocessed Plastic Granules, LD Granules, TPR Granules.

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

Board Members (2)

Name Designation Appointment Date Status
Sachin Gupta Country flag representing In Director 18-May-2017 Current
Shavika Gupta Country flag representing In Director 18-May-2017 Current

Financial Performance of Avg Polymers India.

Avg Polymers India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.19% increase. The company also saw a substantial fall in profitability, with a 598.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 222.75%.

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
0.19%
Revenue from Operations
0.51%
Total Assets
-31.27%
Profit or Loss
-598.38%
Net Worth
-222.75%
EBITDA
-158.12%

What is the Ownership and Shareholding Structure of Avg Polymers India?

In 2023, Avg Polymers India 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

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2022 Yes Bank Limited ₹1.50 Cr Open

How Many Employees Work at Avg Polymers India?

Unlock and access historical data on people associated with Avg Polymers India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avg Polymers India, 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 Avg Polymers India'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 Avg Polymers India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Avg Polymers India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 15.00 M with Charge ID 100555721 was registered on 28 Mar 2022.

    28 Mar 2022

  • Director Appointment

    Shavika Gupta was appointed as a Director was appointed as a Director on 18 May 2017 & has been associated with this company since 7 years 8 months .

    18 May 2017

  • Director Appointment

    Sachin Gupta was appointed as a Director was appointed as a Director on 18 May 2017 & has been associated with this company since 7 years 8 months .

    18 May 2017

  • Company Incorporation

    Avg Polymers India Private Limited was registered on 18 May 2017 with Roc Delhi & aged 7 years 8 months as per MCA records.

    18 May 2017

Frequently asked questions

  • Avg Polymers India Private Limited was incorporated on 18 May 2017.

  • The authorized share capital of Avg Polymers India Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Avg Polymers India Private Limited.

    • Shavika Gupta
    • Sachin Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avg Polymers India Private Limited is 22-A Dda Sfs Colony Jd Blk Pitam Pura, Delhi, India, 110034.

  • The corporate identification number (CIN) of Avg Polymers India Private Limited is U25209DL2017PTC317710 and the company number is 317710 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Avg Polymers India Private Limited is https://www.avgpolymers.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Avg Polymers India Private Limited has risen by 0.19%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Avg Polymers India Private Limited has experienced an downturn of -222.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Avg Polymers India Private Limited amount to ₹ 1.50 Cr.

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