Expanded Polymer Systems Private Limited

Manufacturer of polyols for PU industry with plants in Mumbai and Gujarat.

2007 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: June 16, 2024

Expanded Polymer Systems Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 223.10 Cr
  • Satisfied Charges ₹ 41.22 Cr
  • Revenue Growth 7.18%
  • Profit Growth -32.81%
  • Ebitda -15.02%
  • Net Worth 12.26%
  • Total Assets -5.39%

About Expanded Polymer Systems

Expanded Polymer Systems Private Limited (EPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 November 2007 and has a history of 17 years and three months. Its registered office is in Navi Mumbai, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹223.10 Cr. The company has closed loans amounting to ₹41.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Expanded Polymer Systems Private Limited India is Nejal Gangar as COMPANY SECRETARY. Mikhail Bhuta, Medha Bhuta, Rajen Mehta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24134MH2007PTC175657

  • Company No.

    175657

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Nov 2007

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Expanded Polymer Systems Private Limited offer?

Expanded Polymer Systems Private Limited offers a wide range of products and services, including Natural Sweetener, Polyol, Polyester Polyol, Food Grade Chemical, Polyether Polyol, Flavours & Aromatics, Natural and Synthetic Resins, Organic Polymers.

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

Executive Team (2)

Name Designation Appointment Date Status
Nejal Gangar Country flag representing In Company Secretary 20-Apr-2022 Current
Mukesh Bhuta Country flag representing In Managing Director 02-Nov-2007 Current

Board Members (4)

Name Designation Appointment Date Status
Mikhail Bhuta Country flag representing In Whole-Time Director 24-Mar-2015 Current
Medha Bhuta Country flag representing In Whole-Time Director 24-Mar-2015 Current
Rajen Mehta Country flag representing In Whole-Time Director 01-Oct-2014 Current
Chandulal Shah Country flag representing In Director 28-Nov-2007 Current

Financial Performance of Expanded Polymer Systems.

Expanded Polymer Systems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.18% increase. The company also saw a substantial fall in profitability, with a 32.81% decrease in profit. The company's net worth Soared by an impressive increase of 12.26%.

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
7.18%
Revenue from Operations
7.15%
Total Assets
-5.39%
Profit or Loss
-32.81%
Net Worth
12.26%
EBITDA
-15.02%

What is the Ownership and Shareholding Structure of Expanded Polymer Systems?

In 2023, Expanded Polymer Systems had a promoter holding of 85.00% and a public holding of 15.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹223.10 Cr

Satisfied Charges

₹41.22 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 119.02 Cr
  • Hdfc Bank Limited : 86.50 Cr
  • Others : 17.59 Cr

Latest Charge Details

Date Lender Amount Status
02 Nov 2023 Hdfc Bank Limited ₹12.00 Cr Open
23 Nov 2021 Others ₹4.77 Cr Open
16 Oct 2021 Hdfc Bank Limited ₹4.95 M Open
21 May 2021 Hdfc Bank Limited ₹74.00 Cr Open
24 Dec 2020 Others ₹9.37 Cr Open

How Many Employees Work at Expanded Polymer Systems?

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100823535 was registered on 02 Nov 2023.

    02 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 74.00 Cr registered on 21 May 2021 with Charge ID 100457462 was modified on 02 Nov 2023.

    02 Nov 2023

  • Annual General Meeting

    Expanded Polymer Systems Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Charges

    A charge registered on 03 May 2018 via Charge ID 100179733 with Others was fully satisfied on 07 Sep 2023.

    07 Sep 2023

  • Balance Sheet

    Expanded Polymer Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Bank Of India of Rs. 92.39 Cr registered on 24 Dec 2007 with Charge ID 10083711 was modified on 29 Jul 2022.

    29 Jul 2022

Frequently asked questions

  • Expanded Polymer Systems Private Limited was incorporated on 02 Nov 2007.

  • The authorized share capital of Expanded Polymer Systems Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 15.00 Cr.

  • Currently 6 directors are associated with Expanded Polymer Systems Private Limited.

    • Nejal Monish Gangar
    • Mikhail Mukesh Bhuta
    • Medha Mukesh Bhuta
    • Rajen Mahesh Mehta
    • Chandulal Kalidas Shah
    • Mukesh Shantilal Bhuta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Expanded Polymer Systems Private Limited is C-44/1&2 C- 45/3 Ttc Area Pawne M.I.D.C Vashi, Navi Mumbai, Maharashtra, India, 400705.

  • The corporate identification number (CIN) of Expanded Polymer Systems Private Limited is U24134MH2007PTC175657 and the company number is 175657 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Expanded Polymer Systems Private Limited is https://www.expanded.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Expanded Polymer Systems Private Limited has risen by 7.18%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Expanded Polymer Systems Private Limited has experienced an upsurge of 12.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Expanded Polymer Systems Private Limited amount to ₹ 223.10 Cr.

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

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