Elastrex Polymers Private Limited

Manufacturer of rubber and polymer-based footwear, sold under the brand name 'Paragon'.

1988 | Bangalore - 562 123Karnataka, Karnataka (India) | Active
Last Updated:

Elastrex Polymers Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.91 M
  • Company Age 36 Year, 6 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 six 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

Consumer Goods

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.

Company report

Elastrex Polymers Private Limited

Explore comprehensive data for Elastrex Polymers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Joseph Zachariah Country flag representing In Managing Director01-Oct-1991Current

Board Members (9)

NameDesignationAppointment DateStatus
Vijoo Zachariah Country flag representing In Director 01-Oct-1991Current
Nakhul Joseph Country flag representing In Director 26-Sep-2020Current
Mithun Joseph Country flag representing In Director 26-Sep-2020Current
Mani Thomas Country flag representing In Director 24-Apr-1997Current
Rebecca Mathew Country flag representing In Director 19-Jul-2014Current
Sachin Joseph Country flag representing In Director 26-Sep-2020Current

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%.

Elastrex Polymers revenue growth over time
Elastrex Polymers 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
30.06%
Revenue from Operations
37.50%
Total Assets
3.45%
Profit or Loss
-22.12%
Net Worth
3.59%
EBITDA
-28.29%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
30 Nov 2016Axis Bank Limited₹4.85 MSatisfied
11 May 2016Others₹1.49 MSatisfied
08 Dec 2015The South Indian Bank Limited₹4.35 MSatisfied
03 Jun 2015Bank Of Baroda₹0.75 MSatisfied
15 Sep 2010The South Indian Bank Limited₹92.25 CrSatisfied

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.

Employee growth trends for Elastrex Polymers Private Limited

Deals i

Graph showing company valuation over time

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

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 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

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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