Horizon Polymer Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.92 Cr
- Company Age 43 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.18 Cr
- Satisfied Charges ₹ 18.89 Cr
- Revenue Growth 54.43%
- Profit Growth 88.81%
- Ebitda 477.53%
- Net Worth 24.25%
- Total Assets 21.98%
About Horizon Polymer Engineering
Horizon Polymer Engineering Private Limited (HPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 June 1981 and has a history of 43 years and nine months. Its registered office is in Gandhi Nagar, Gujarat, India.
The Corporate was formerly known as Resistoline (India) 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.92 Cr.
The company currently has active open charges totaling ₹23.18 Cr. The company has closed loans amounting to ₹18.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gautam Sheth, Mitesh Sanghavi, and Nigel Andrade serve as directors at the Company.
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29259GJ1981PTC004456
- Company No.
004456
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jun 1981
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Horizon Polymer Engineering Private Limited offer?
Horizon Polymer Engineering Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Industrial Valves, Ball Valves, Lined Valves, PTFE Lined Ball Valve, Pipe Fittings, Lined Pipe Fittings, Flanges & Flanged Fittings, Pipe Flanges, Piping System.
Who are the key members and board of directors at Horizon Polymer Engineering?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nigel Andrade  | Director | 06-Feb-2014 | Current |
| Mitesh Sanghavi | Director | 01-Apr-2021 | Current |
| Gautam Sheth | Director | 11-May-2005 | Current |
Financial Performance of Horizon Polymer Engineering.
Horizon Polymer Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.43% increase. The company also saw a substantial improvement in profitability, with a 88.81% increase in profit. The company's net worth Soared by an impressive increase of 24.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Horizon Polymer Engineering?
In 2023, Horizon Polymer Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tlt Engineering India Pvt LtdGautam Sheth, Mitesh Sanghavi and 1 more are mutual person
Cfe-Hs Technology Private LimitedGautam Sheth and Mitesh Sanghavi are mutual person
Afg Combustion Private LimitedGautam Sheth, Mitesh Sanghavi and 1 more are mutual person
Koerting Engineering Private LimitedGautam Sheth and Nigel Andrade are mutual person
Gamut Technologies Private Limited.Gautam Sheth and Mitesh Sanghavi are mutual person
- G Sheth Realtors Llp
Gautam Sheth and Mitesh Sanghavi are mutual person
Charges (Loans)
Open Charges
₹23.18 Cr
Satisfied Charges
₹18.89 Cr
Charges Breakdown by Lending Institutions
- Others : 22.73 Cr
- Canara Bank : 0.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Mar 2023 | Others | ₹1.95 M | Open |
| 23 Aug 2021 | Others | ₹22.54 Cr | Open |
| 31 Aug 2018 | Canara Bank | ₹1.43 M | Open |
| 31 Aug 2018 | Canara Bank | ₹1.32 M | Open |
| 31 Aug 2018 | Canara Bank | ₹0.98 M | Open |
How Many Employees Work at Horizon Polymer Engineering?
Horizon Polymer Engineering has a workforce of 77 employees as of Mar 26, 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 Horizon Polymer Engineering, 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 Horizon Polymer Engineering'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.
Latest Updates, News, and FAQs on Horizon Polymer Engineering
Recent activity within the organization
- Annual General Meeting
Horizon Polymer Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Horizon Polymer Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 23 Aug 2021 via Charge ID 100507399 with Others was fully satisfied on 14 Mar 2024.
- Charges
A charge with Others of Rs. 22.54 Cr registered on 23 Aug 2021 with Charge ID 100507421 was modified on 21 Feb 2024.
- Charges
A charge registered on 31 Aug 2020 via Charge ID 100392036 with Sidbi was fully satisfied on 22 Jan 2024.
- Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100693404 was registered on 03 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Horizon Polymer Engineering Private Limited?
Horizon Polymer Engineering Private Limited was incorporated on 26 Jun 1981.
What is authorized share capital and paid-up capital of Horizon Polymer Engineering Private Limited?
The authorized share capital of Horizon Polymer Engineering Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.92 Cr.
Who are the current board members & directors of Horizon Polymer Engineering Private Limited?
Currently 3 directors are associated with Horizon Polymer Engineering Private Limited.
- Gautam Hasmukh Sheth
- Mitesh Mahendra Sanghavi
- Nigel Andrade
What is the registered address of Horizon Polymer Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Horizon Polymer Engineering Private Limited is C-1 B 1605 G I D Cchhatral India, Mehsana, Gujarat, 382729.
What is the corporate identification number (CIN) and company number of Horizon Polymer Engineering Private Limited?
The corporate identification number (CIN) of Horizon Polymer Engineering Private Limited is U29259GJ1981PTC004456 and the company number is 004456 as per Ministry of Corporate Affairs (MCA).
What is the official website of Horizon Polymer Engineering Private Limited?
The Official website of Horizon Polymer Engineering Private Limited is https://www.horizonpolymer.com
What has been the recent revenue trend for Horizon Polymer Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Horizon Polymer Engineering Private Limited has risen by 54.43%.
How many employees does Horizon Polymer Engineering Private Limited currently have?
As Per 2023 financial reports, 77 employees are currently employed by Horizon Polymer Engineering Private Limited.
What change has been observed in the net worth of Horizon Polymer Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Horizon Polymer Engineering Private Limited has experienced an upsurge of 24.25%.
What are the total open charges for Horizon Polymer Engineering Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Horizon Polymer Engineering Private Limited amount to ₹ 23.18 Cr.
When was the last Balance Sheet of Horizon Polymer Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Horizon Polymer Engineering Private Limited was filed with the ROC on 31 Mar 2024.
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