Essen Polymers Private Limited

This company manufactures and sells plastic films, bags, sheets, and also deals with plastic waste and scrap.

1988 | Rajkot, Gujarat (India) | Merged
Last Updated: January 17, 2025

Essen Polymers Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 5.85 M
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Satisfied Charges ₹ 3.95 Cr
  • Revenue Growth -22.84%
  • Profit Growth -22.62%
  • Ebitda -21.63%
  • Net Worth 18.31%
  • Total Assets 6.89%

About Essen Polymers

Essen Polymers Private Limited (EPPL) is Amalgamated company established on 29 Dec 1988 with its office registered at Rajkot, Gujarat, India and has been running since 36 Year, 1 Month with a paid up capital of 5.85 M. According to MCA records, 4 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1988PTC011700

  • Company No.

    011700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 1988

  • Date of AGM

    20 Aug 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Girishbhai Pandya Country flag representing In Managing Director 29-Dec-1988 Current

Board Members (3)

Name Designation Appointment Date Status
Jawahar Pandya Country flag representing In Director 29-Dec-1988 Current
Atulbhai Pandya Country flag representing In Director 01-Jul-2013 Current
Vishal Pandya Country flag representing In Director 01-Apr-2009 Current

Financial Performance of Essen Polymers.

Essen Polymers Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 22.84% decrease. The company also saw a substantial fall in profitability, with a 22.62% decrease in profit. The company's net worth Soared by an impressive increase of 18.31%.

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
-22.84%
Revenue from Operations
-23.42%
Total Assets
6.89%
Profit or Loss
-22.62%
Net Worth
18.31%
EBITDA
-21.63%

What is the Ownership and Shareholding Structure of Essen Polymers?

In 2017, Essen 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

₹39.47 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 2.75 Cr
  • Axis Bank Limited : 1.08 Cr
  • Gujrat State Financial Co. : 0.09 Cr
  • State Bank Of Saurashtra : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
01 Dec 2008 Axis Bank Limited ₹1.08 Cr Satisfied
15 Dec 2003 Punjab National Bank ₹6.50 M Satisfied
15 Dec 2003 Punjab National Bank ₹1.00 Cr Satisfied
15 Dec 2003 Punjab National Bank ₹1.10 Cr Satisfied
02 Dec 1989 State Bank Of Saurashtra ₹0.24 M Satisfied

How Many Employees Work at Essen Polymers?

Essen Polymers has a workforce of 29 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Essen 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 Essen 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 Essen Polymers

Recent activity within the organization

  • Annual General Meeting

    Essen Polymers Private Limited last Annual general meeting of members was held on 20 Aug 2019 as per latest MCA records.

    20 Aug 2019

  • Balance Sheet

    Essen Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Charges

    A charge registered on 01 Dec 2008 via Charge ID 10133918 with Axis Bank Limited was fully satisfied on 02 Feb 2018.

    02 Feb 2018

  • Charges

    A charge with Axis Bank Limited of Rs. 10.80 M registered on 01 Dec 2008 with Charge ID 10133918 was modified on 29 Jan 2015.

    29 Jan 2015

  • Director Appointment

    Atulbhai Chunilal Pandya was appointed as a Director was appointed as a Director on 01 Jul 2013 & has been associated with this company since 11 years 7 months .

    01 Jul 2013

  • Charges

    A charge registered on 02 Dec 1989 via Charge ID 90095797 with State Bank Of Saurashtra was fully satisfied on 04 Jul 2009.

    04 Jul 2009

Frequently asked questions

  • Essen Polymers Private Limited was incorporated on 29 Dec 1988.

  • The authorized share capital of Essen Polymers Private Limited is ₹ 8.00 M and paid-up capital is ₹ 5.85 M.

  • Currently 4 directors are associated with Essen Polymers Private Limited.

    • Jawahar Chunilal Pandya
    • Girishbhai Chunilal Pandya
    • Atulbhai Chunilal Pandya
    • Vishal Jawaharbhai Pandya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Essen Polymers Private Limited is Plot No.11 Survey No.209 Industrial Area Vill : Veraval (Shapar) Tal Kotdasang Ani, India, Rajkot, Gujarat, 360024.

  • The corporate identification number (CIN) of Essen Polymers Private Limited is U17119GJ1988PTC011700 and the company number is 011700 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Essen Polymers Private Limited is https://www.essenpoly.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Essen Polymers Private Limited has fallen by -22.84%.

  • As Per 2016 financial reports, 29 employees are currently employed by Essen Polymers Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Essen Polymers Private Limited has experienced an upsurge of 18.31%.

  • The most recent Balance Sheet for Essen Polymers Private Limited was filed with the ROC on 31 Mar 2019.

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