Govardhan Polyplast Private Limited

Manufactures and exports a variety of bags and fabrics made from HDPE and PP materials.

1993 | Surat, Gujarat (India) | Active
Last Updated: June 15, 2024

Govardhan Polyplast Profile

Key Indicators

  • Authorised Capital ₹ 5.15 Cr
  • Paid Up Capital ₹ 4.56 Cr
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.11 Cr
  • Satisfied Charges ₹ 5.97 Cr
  • Revenue Growth -25.31%
  • Profit Growth -62.07%
  • Ebitda -68.17%
  • Net Worth 1.44%
  • Total Assets 9.18%

About Govardhan Polyplast

Govardhan Polyplast Private Limited (GPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 1993 and has a history of 31 years and six months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Ghanti Texturisers Private Limited. The Company is engaged in the Packaging 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 5.15 Cr and a paid-up capital of Rs 4.56 Cr.

The company currently has active open charges totaling ₹40.11 Cr. The company has closed loans amounting to ₹5.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rameshkumar Agrawal and Harishkumar Agarwal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    govardhanpolyplast.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ1993PTC020037

  • Company No.

    020037

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Govardhan Polyplast Private Limited offer?

Govardhan Polyplast Private Limited offers a wide range of products and services, including Bulk Bags & Sacks, Cement Bag, Woven Sacks, Agricultural Bags, Packaging, Laminated & Zip Bags, BOPP Bags, Industrial Fabrics and Textiles, Industrial Fabric, Woven Bags, Coated Fabric.

Who are the key members and board of directors at Govardhan Polyplast?

Board Members (2)

NameDesignationAppointment DateStatus
Rameshkumar Agrawal Country flag representing In Director 20-Aug-2010Current
Harishkumar Agarwal Country flag representing In Director 22-Dec-2003Current

Financial Performance of Govardhan Polyplast.

Govardhan Polyplast Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.31% decrease. The company also saw a substantial fall in profitability, with a 62.07% decrease in profit. The company's net worth moved up by a moderate rise of 1.44%.

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
-25.31%
Revenue from Operations
-25.76%
Total Assets
9.18%
Profit or Loss
-62.07%
Net Worth
1.44%
EBITDA
-68.17%

What is the Ownership and Shareholding Structure of Govardhan Polyplast?

In 2023, Govardhan Polyplast had a promoter holding of 66.56% and a public holding of 33.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.11 Cr

Satisfied Charges

₹5.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 23.53 Cr
  • Kotak Mahindra Bank Limited : 10.46 Cr
  • Ing Vysya Bank Limited : 3.13 Cr
  • Sidbi : 2.99 Cr

Latest Charge Details

DateLenderAmountStatus
03 Mar 2023Sidbi₹2.99 CrOpen
10 Dec 2020Others₹6.10 MOpen
30 Jul 2018Others₹2.50 CrOpen
15 Oct 2011Ing Vysya Bank Limited₹2.63 CrOpen
30 Jul 2011Ing Vysya Bank Limited₹5.00 MOpen

How Many Employees Work at Govardhan Polyplast?

Govardhan Polyplast has a workforce of 6 employees as of Mar 21, 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 Govardhan Polyplast, 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 Govardhan Polyplast'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 Govardhan Polyplast

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 13.05 Cr registered on 18 May 2010 with Charge ID 10223183 was modified on 10 Nov 2023.

    10 Nov 2023

  • Annual General Meeting

    Govardhan Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Govardhan Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 2.99 Cr with Charge ID 100681928 was registered on 03 Mar 2023.

    03 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.61 Cr with Charge ID 100413634 was registered on 10 Dec 2020.

    10 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100202523 was registered on 30 Jul 2018.

    30 Jul 2018

Frequently asked questions

  • Govardhan Polyplast Private Limited was incorporated on 19 Aug 1993.

  • The authorized share capital of Govardhan Polyplast Private Limited is ₹ 5.15 Cr and paid-up capital is ₹ 4.56 Cr.

  • Currently 2 directors are associated with Govardhan Polyplast Private Limited.

    • Rameshkumar Sitaram Agrawal
    • Harishkumar Rameshkumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Govardhan Polyplast Private Limited is 112 World Trade Centre Nr. Udhna Darwaja Ring Road, Surat, Gujarat, India, 395002.

  • The corporate identification number (CIN) of Govardhan Polyplast Private Limited is U25200GJ1993PTC020037 and the company number is 020037 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Govardhan Polyplast Private Limited is https://www.govardhanpolyplast.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Govardhan Polyplast Private Limited has fallen by -25.31%.

  • As Per 2023 financial reports, 6 employees are currently employed by Govardhan Polyplast Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Govardhan Polyplast Private Limited has experienced an upsurge of 1.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Govardhan Polyplast Private Limited amount to ₹ 40.11 Cr.

  • The most recent Balance Sheet for Govardhan Polyplast Private Limited was filed with the ROC on 31 Mar 2023.

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