Bargi Polymer Private Limited

Produces and distributes methanal (formaldehyde) since 2007 in Mysore, Karnataka.

2007 | Mysore, Karnataka (India) | Active
Last Updated: July 29, 2024

Bargi Polymer Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.87 Cr
  • Satisfied Charges ₹ 6.14 Cr
  • Revenue Growth 7.43%
  • Profit Growth 170.85%
  • Ebitda 38.44%
  • Net Worth 13.73%
  • Total Assets -2.68%

About Bargi Polymer

Bargi Polymer Private Limited (BPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 2007 and has a history of 17 years and ten months. Its registered office is in Mysore, Karnataka, India.

The Corporate was formerly known as Bargi Chemicals Private Limited. The Company is engaged in the Chemicals And Materials 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 5.00 M.

The company currently has active open charges totaling ₹4.87 Cr. The company has closed loans amounting to ₹6.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venugopalrao Nagesh, Venugopala Satish, and Bargi Venugopal serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100KA2007PTC042394

  • Company No.

    042394

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials

Who are the key members and board of directors at Bargi Polymer?

Board Members (3)

Name Designation Appointment Date Status
Venugopalrao Nagesh Country flag representing In Director 05-Apr-2007 Current
Venugopala Satish Country flag representing In Director 05-Apr-2007 Current
Bargi Venugopal Country flag representing In Director 05-Apr-2007 Current

Financial Performance of Bargi Polymer.

Bargi Polymer Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.43% increase. The company also saw a substantial improvement in profitability, with a 170.85% increase in profit. The company's net worth Soared by an impressive increase of 13.73%.

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
7.43%
Revenue from Operations
7.43%
Total Assets
-2.68%
Profit or Loss
170.85%
Net Worth
13.73%
EBITDA
38.44%

What is the Ownership and Shareholding Structure of Bargi Polymer?

In 2023, Bargi Polymer 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

₹48.70 M

Satisfied Charges

₹61.40 M

Charges Breakdown by Lending Institutions

  • Others : 4.55 Cr
  • Hdfc Bank Limited : 0.20 Cr
  • Vijaya Bank : 0.12 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2023 Hdfc Bank Limited ₹2.00 M Open
17 Jun 2020 Others ₹7.00 M Open
04 May 2020 Others ₹3.50 M Open
25 Sep 2019 Vijaya Bank ₹1.20 M Open
08 Mar 2017 Others ₹3.50 Cr Open

How Many Employees Work at Bargi Polymer?

Unlock and access historical data on people associated with Bargi Polymer, 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 Bargi Polymer, 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 Bargi Polymer'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 Bargi Polymer

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100891430 was registered on 28 Sep 2023.

    28 Sep 2023

  • Balance Sheet

    Bargi Polymer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 35.00 M registered on 08 Mar 2017 with Charge ID 100081277 was modified on 02 Jul 2020.

    02 Jul 2020

  • Charges

    A charge registered on 03 Aug 2012 via Charge ID 10372264 with Karnataka State Financial Corporation Limited was fully satisfied on 23 Jun 2020.

    23 Jun 2020

  • Charges

    A charge registered on 21 Feb 2012 via Charge ID 10341509 with Karnataka State Financial Corporation was fully satisfied on 23 Jun 2020.

    23 Jun 2020

Frequently asked questions

  • Bargi Polymer Private Limited was incorporated on 05 Apr 2007.

  • The authorized share capital of Bargi Polymer Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Bargi Polymer Private Limited.

    • Venugopalrao Bargi Nagesh
    • Venugopala Rao Bargi Satish
    • Bargi Suresh Venugopal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bargi Polymer Private Limited is # 1848VenuviharIst MainIst Cross K BlockKuvempunagar, Mysore, Karnataka, India, 570023.

  • The corporate identification number (CIN) of Bargi Polymer Private Limited is U24100KA2007PTC042394 and the company number is 042394 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bargi Polymer Private Limited has risen by 7.43%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bargi Polymer Private Limited has experienced an upsurge of 13.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bargi Polymer Private Limited amount to ₹ 4.87 Cr.

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