Avi Polymers Limited

Produces a variety of polymer compounds for various industries.

1993 | Ranchi, Jharkhand (India) | Active
Last Updated: January 04, 2025

Avi Polymers Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.40 Cr
  • Revenue Growth 24.20%
  • Profit Growth 41.28%
  • Ebitda 55.16%
  • Net Worth 11.37%
  • Total Assets 8.62%

About Avi Polymers

Avi Polymers Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 March 1993 and has a history of 31 years and 11 months. Its registered office is in Ranchi, Jharkhand, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539288.

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 2024. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 4.09 Cr.

The company has closed loans amounting to ₹6.40 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Avi Polymers Limited India are Mitesh Meghani as CFO and Monika Shah as Company Secretary. Mansukh Patel, Monika Shah, Jayesh Dave, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ranchi, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27204JH1993PLC005233

  • Company No.

    005233

  • Stock Symbol

    BSE : 539288

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Jharkhand

Industry

Manufacturing

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

Executive Team (3)

Name Designation Appointment Date Status
Mansukh Patel Country flag representing In Managing Director 01-Mar-1993 Current
Mitesh Meghani Country flag representing In CFO 03-Sep-2015 Current
Monika Shah Country flag representing In Company Secretary 05-Dec-2014 Current

Board Members (4)

Name Designation Appointment Date Status
Monika Shah Country flag representing In Director and Company Secretary 09-Mar-2015 Current
Jayesh Dave Country flag representing In Director 28-Aug-2015 Current
Arpit Shah Country flag representing In Director 01-Apr-2024 Current
Ravi Solanki Country flag representing In Director 01-Apr-2024 Current

Financial Performance of Avi Polymers.

Avi Polymers Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 24.2% increase. The company also saw a substantial improvement in profitability, with a 41.28% increase in profit. The company's net worth Soared by an impressive increase of 11.37%.

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
24.20%
Revenue from Operations
24.20%
Total Assets
8.62%
Profit or Loss
41.28%
Net Worth
11.37%
EBITDA
55.16%

What is the Ownership and Shareholding Structure of Avi Polymers?

In 2022, Avi Polymers had a promoter holding of 28.10% and a public holding of 71.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.40 Cr

Charges Breakdown by Lending Institutions

  • United Western Bank Ltd : 6.40 Cr

Latest Charge Details

Date Lender Amount Status
23 Mar 1995 United Western Bank Ltd ₹6.40 Cr Satisfied

How Many Employees Work at Avi Polymers?

Unlock and access historical data on people associated with Avi Polymers, 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 Avi 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 Avi 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 Avi Polymers

Recent activity within the organization

  • Annual General Meeting

    Avi Polymers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Arpit Chandravadan Shah was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 2 days .

    01 Apr 2024

  • Director Appointment

    Ravi Shaileshbhai Solanki was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 10 months 2 days .

    01 Apr 2024

  • Balance Sheet

    Avi Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.

    31 Mar 2024

  • Director Appointment

    Mitesh Bhupatbhai Meghani was appointed as a Cfo was appointed as a Cfo on 03 Sep 2015 & has been associated with this company since 9 years 5 months .

    03 Sep 2015

  • Director Appointment

    Jayesh Rameshchandra Dave was appointed as a Director was appointed as a Director on 28 Aug 2015 & has been associated with this company since 9 years 5 months .

    28 Aug 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Avi Polymers Limited was incorporated on 01 Mar 1993.

  • The authorized share capital of Avi Polymers Limited is ₹ 6.50 Cr and paid-up capital is ₹ 4.09 Cr.

  • Currently 7 directors are associated with Avi Polymers Limited.

    • Mansukh Patel
    • Monika Parth Shah
    • Jayesh Rameshchandra Dave
    • Arpit Chandravadan Shah
    • Ravi Shaileshbhai Solanki
    • Mitesh Bhupatbhai Meghani
    • Monika Mukeshkumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Avi Polymers Limited is At. Ambica Co. Old H.B. Road India, Ranchi., Jharkhand, 834009.

  • The corporate identification number (CIN) of Avi Polymers Limited is L27204JH1993PLC005233 and the company number is 005233 as per Ministry of Corporate Affairs (MCA).

  • Yes, Avi Polymers Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Avi Polymers Limited is https://www.avipolymers.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Avi Polymers Limited has risen by 24.20%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Avi Polymers Limited has experienced an upsurge of 11.37%.

  • The most recent Balance Sheet for Avi Polymers Limited was filed with the ROC on 31 Mar 2024.

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