

Elastrex Polymers Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 6.91 M
- Company Age 36 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 109.24 Cr
- Revenue Growth 30.06%
- Profit Growth -22.12%
- Ebitda -28.29%
- Net Worth 3.59%
- Total Assets 3.45%
About Elastrex Polymers
Elastrex Polymers Private Limited (EPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 November 1988 and has a history of 36 years and five months. Its registered office is in Bangalore - 562 123,Karnataka, Karnataka.
The Company is engaged in the Consumer Goods 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 7.00 M and a paid-up capital of Rs 6.91 M.
The company has closed loans amounting to ₹109.24 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Joseph Zachariah, Mani Thomas, Vijoo Zachariah, and Seven other members serve as directors at the Company.
Company Details
- Location Bangalore - 562 123,Karnataka, Karnataka
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U00311KA1988PTC009613
- Company No.
009613
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Nov 1988
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Elastrex Polymers Private Limited offer?
Elastrex Polymers Private Limited offers a wide range of products and services, including Sports Shoes, Footwear & Accessories, Outdoor Sports Shoes, Ethnic Footwear, Casual Shoes, Formal Shoes, Paragon Formal Shoes, Sneaker Shoes, Sports Sneaker, Men Sneaker Shoes, Flat Slipper.
Who are the key members and board of directors at Elastrex Polymers?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Joseph Zachariah ![]() | Managing Director | 01-Oct-1991 | Current |
Board Members (9)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vijoo Zachariah ![]() | Director | 01-Oct-1991 | Current |
Nakhul Joseph ![]() | Director | 26-Sep-2020 | Current |
Mithun Joseph ![]() | Director | 26-Sep-2020 | Current |
Mani Thomas ![]() | Director | 24-Apr-1997 | Current |
Rebecca Mathew ![]() | Director | 19-Jul-2014 | Current |
Sachin Joseph ![]() | Director | 26-Sep-2020 | Current |
Financial Performance of Elastrex Polymers.
Elastrex Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.06% increase. The company also saw a substantial fall in profitability, with a 22.12% decrease in profit. The company's net worth moved up by a moderate rise of 3.59%.


- Key Matrics
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What is the Ownership and Shareholding Structure of Elastrex Polymers?
In 2023, Elastrex 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.

Related Corporates (Common Directorship)
- Preston India Private Limited
Joseph Zachariah, Mani Thomas and 7 more are mutual person
- Paragon Footwears Private Limited
Joseph Zachariah, Mani Thomas and 4 more are mutual person
- Paragon Polymer Products Private Limited
Joseph Zachariah, Mani Thomas and 4 more are mutual person
- Falcon Agencies Private Limited
Joseph Zachariah, Mani Thomas and 6 more are mutual person
Charges (Loans)
₹0
₹1,092.44 M
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 92.68 Cr
- State Bank Of Travancore : 15.50 Cr
- Axis Bank Limited : 0.49 Cr
- State Bnk Of India : 0.35 Cr
- Others : 0.15 Cr
- Others : 0.08 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
30 Nov 2016 | Axis Bank Limited | ₹4.85 M | Satisfied |
11 May 2016 | Others | ₹1.49 M | Satisfied |
08 Dec 2015 | The South Indian Bank Limited | ₹4.35 M | Satisfied |
03 Jun 2015 | Bank Of Baroda | ₹0.75 M | Satisfied |
15 Sep 2010 | The South Indian Bank Limited | ₹92.25 Cr | Satisfied |
How Many Employees Work at Elastrex Polymers?
Elastrex Polymers has a workforce of 1 employees as of Apr 08, 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Elastrex 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 Elastrex Polymers's trajectory.
Rating

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

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 Elastrex Polymers
Recent activity within the organization
- Annual General Meeting
Elastrex Polymers Private Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.
- Balance Sheet
Elastrex Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge registered on 30 Nov 2016 via Charge ID 100104513 with Axis Bank Limited was fully satisfied on 31 Mar 2022.
- Charges
A charge registered on 03 Jun 2015 via Charge ID 10573294 with Bank Of Baroda was fully satisfied on 19 Mar 2018.
- Charges
A charge registered on 15 Sep 2010 via Charge ID 10247343 with The South Indian Bank Limited was fully satisfied on 05 Mar 2018.
- Charges
A charge registered on 11 May 2016 via Charge ID 100035833 with Others was fully satisfied on 02 Feb 2018.
Recent News, Updates & Announcement
- Claritas HealthTech (Claritas) and Paragon Health IT (Paragon) Announce Strategic Partnership to Deliver AI Tools, Medical Image Processing , and Data Services to Global Medical Imaging Centers.
LONDON and NEW YORK, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Claritas and Paragon are pleased to announce their partnership which will leverage the unique.......
Frequently asked questions
What is the Incorporation or founding date of Elastrex Polymers Private Limited?
Elastrex Polymers Private Limited was incorporated on 21 Nov 1988.
What is authorized share capital and paid-up capital of Elastrex Polymers Private Limited?
The authorized share capital of Elastrex Polymers Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.91 M.
Who are the current board members & directors of Elastrex Polymers Private Limited?
Currently 10 directors are associated with Elastrex Polymers Private Limited.
- Joseph Zachariah
- Mani Koduvirachira Thomas
- Vijoo Zachariah
- Rebecca Mathew
- Nakhul Uthup Joseph
- Sachin Joseph
- Thomas Mani
- Nimmy Joseph
- Mithun Abraham Joseph
- Reji Koduvirachirayil Joseph
What is the registered address of Elastrex Polymers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Elastrex Polymers Private Limited is No:8 Gangadharna Palayakasaba Hobli Nelamangala . Bangalore - 562 123 Karnat Aka 123, India, Bangalore - 562 123Karnataka.
What is the corporate identification number (CIN) and company number of Elastrex Polymers Private Limited?
The corporate identification number (CIN) of Elastrex Polymers Private Limited is U00311KA1988PTC009613 and the company number is 009613 as per Ministry of Corporate Affairs (MCA).
What is the official website of Elastrex Polymers Private Limited?
The Official website of Elastrex Polymers Private Limited is https://www.paragonfootwear.com
What has been the recent revenue trend for Elastrex Polymers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Elastrex Polymers Private Limited has risen by 30.06%.
How many employees does Elastrex Polymers Private Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Elastrex Polymers Private Limited.
What change has been observed in the net worth of Elastrex Polymers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Elastrex Polymers Private Limited has experienced an upsurge of 3.59%.
When was the last Balance Sheet of Elastrex Polymers Private Limited filed with the ROC?
The most recent Balance Sheet for Elastrex Polymers Private Limited was filed with the ROC on 31 Mar 2023.
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