Formulated Polymers Profile
Key Indicators
- Authorised Capital ₹ 56.20 Cr
- Paid Up Capital ₹ 55.44 Cr
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 37.56 Cr
- Satisfied Charges ₹ 120.42 Cr
- Revenue Growth -1.88%
- Profit Growth 593.72%
- Ebitda -118.80%
- Net Worth 165.52%
- Total Assets 45.28%
About Formulated Polymers
Formulated Polymers Private Limited (FPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 July 1991 and has a history of 33 years and six months. Its registered office is in Tiruvallur, Tamil Nadu, India.
The Corporate was formerly known as Formulated Polymers Private Limited. 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 56.20 Cr and a paid-up capital of Rs 55.44 Cr.
The company currently has active open charges totaling ₹37.56 Cr. The company has closed loans amounting to ₹120.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Formulated Polymers Private Limited India is Vijay Jadeja as COMPANY SECRETARY. Suganthi Sekar, Padma Mohan, Venkateswaran Sekar, and One other member serve as directors at the Company.
Company Details
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Location
Tiruvallur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U52599TN1991PTC021129
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Company No.
021129
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
15 Jul 1991
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Date of AGM
11 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Formulated Polymers Private Limited offer?
Formulated Polymers Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Solar & Renewable Energy Products, Solar Power Plants, Industrial Chemicals & Supplies, Industrial Chemicals, PET Granules & Plastic Raw Material, PP Granules, Nylon Granule, Bags.
Who are the key members and board of directors at Formulated Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Jadeja
|
Company Secretary | 01-Apr-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Venkateswaran Sekar
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Whole-Time Director | 15-Jul-1991 | Current |
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Suganthi Sekar
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Whole-Time Director | 02-Jun-2000 | Current |
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Padma Mohan
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Whole-Time Director | 02-Jun-2000 | Current |
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Narayanasamy Mohan
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Whole-Time Director | 15-Jul-1991 | Current |
Financial Performance of Formulated Polymers.
Formulated Polymers Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.88% decrease. The company also saw a substantial improvement in profitability, with a 593.72% increase in profit. The company's net worth Soared by an impressive increase of 165.52%.
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What is the Ownership and Shareholding Structure of Formulated Polymers?
In 2023, Formulated Polymers had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Fpl Automobiles Private LimitedVenkateswaran Sekar and Narayanasamy Mohan are mutual person
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Fpl Nokero India Private LimitedVenkateswaran Sekar and Narayanasamy Mohan are mutual person
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Formulated Petrochem Private LimitedSuganthi Sekar, Venkateswaran Sekar and 1 more are mutual person
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Aqua Marine Private Limited
Venkateswaran Sekar and Narayanasamy Mohan are mutual person
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Fpl Eauto Private Limited
Venkateswaran Sekar and Narayanasamy Mohan are mutual person
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Fpl Vehicles Private Limited
Venkateswaran Sekar and Narayanasamy Mohan are mutual person
Charges (Loans)
₹37.56 Cr
₹120.42 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 37.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2024 | Axis Bank Limited | ₹36.35 Cr | Open |
| 26 Feb 2024 | Axis Bank Limited | ₹2.28 M | Open |
| 17 Feb 2024 | Axis Bank Limited | ₹9.82 M | Open |
| 09 Jan 2020 | Axis Bank Limited | ₹60.00 Cr | Satisfied |
| 11 Aug 2016 | Others | ₹3.30 Cr | Satisfied |
How Many Employees Work at Formulated Polymers?
Formulated Polymers has a workforce of 3 employees as of Mar 28, 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 Formulated 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 Formulated 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.
