India Polyspin Limited

Provides share broking services and invests/trades in shares and derivatives since 1992 in Surat, Gujarat.

1992 | Surat, Gujarat (India) | Active
Last Updated: January 10, 2025

India Polyspin Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.56 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 1.50 Cr
  • Satisfied Charges ₹ 2.54 Cr
  • Revenue Growth 9.21%
  • Profit Growth 25.08%
  • Ebitda 25.08%
  • Net Worth -0.08%
  • Total Assets -11.25%

About India Polyspin

India Polyspin Limited (IPL) is a Public Limited Indian Non-Government Company incorporated in India on 25 November 1992 and has a history of 32 years and two months. Its registered office is in Surat, Gujarat, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.56 Cr.

The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹2.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narendra Shah, Shitalben Kadam, and Naresh Shah serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17110GJ1992PLC018617

  • Company No.

    018617

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 1992

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at India Polyspin?

Board Members (3)

NameDesignationAppointment DateStatus
Narendra Shah Country flag representing In Additional Director Current
Shitalben Kadam Country flag representing In Additional Director Current
Naresh Shah Country flag representing In Additional Director 07-Aug-2017Current

Financial Performance of India Polyspin.

India Polyspin Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 9.21% increase. The company also saw a substantial improvement in profitability, with a 25.08% increase in profit. The company's net worth dipped by a decrease of 0.08%.

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
9.21%
Revenue from Operations
9.21%
Total Assets
-11.25%
Profit or Loss
25.08%
Net Worth
-0.08%
EBITDA
25.08%

What is the Ownership and Shareholding Structure of India Polyspin?

In 2018, India Polyspin had a promoter holding of 1.12% and a public holding of 98.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.50 Cr

Satisfied Charges

₹2.54 Cr

Charges Breakdown by Lending Institutions

  • Asset Reconstruction Company (India) Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 1995Asset Reconstruction Company (India) Limited₹1.50 CrOpen
27 Sep 2005Bank Of Baroda₹9.00 MSatisfied
04 Jul 1998Bank Of Baroda₹1.70 MSatisfied
04 Oct 1997Bank Of Baroda₹8.00 MSatisfied
24 Apr 1997Bank Of Baroda₹3.68 MSatisfied

How Many Employees Work at India Polyspin?

Unlock and access historical data on people associated with India Polyspin, 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 India Polyspin, 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 India Polyspin'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 India Polyspin

Recent activity within the organization

  • Annual General Meeting

    India Polyspin Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    India Polyspin Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Director Appointment

    Naresh Nagindas Shah was appointed as a Additional Director was appointed as a Additional Director on 07 Aug 2017 & has been associated with this company since 7 years 5 months .

    07 Aug 2017

  • Charges

    A charge registered on 27 Sep 2005 via Charge ID 90095779 with Bank Of Baroda was fully satisfied on 23 Oct 2013.

    23 Oct 2013

  • Charges

    A charge registered on 04 Jul 1998 via Charge ID 90095060 with Bank Of Baroda was fully satisfied on 23 Oct 2013.

    23 Oct 2013

  • Charges

    A charge registered on 04 Oct 1997 via Charge ID 90094999 with Bank Of Baroda was fully satisfied on 23 Oct 2013.

    23 Oct 2013

Frequently asked questions

  • India Polyspin Limited was incorporated on 25 Nov 1992.

  • The authorized share capital of India Polyspin Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.56 Cr.

  • Currently 3 directors are associated with India Polyspin Limited.

    • Narendra Ramanlal Shah
    • Shitalben Mukundbhai Kadam
    • Naresh Nagindas Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of India Polyspin Limited is 3001, 3Rd Floor Shanker Plazaopp District Co-Op Bank Ltd Timliyawad Nanpura Surat - India, Surat - Surat, Gujarat, 395001.

  • The corporate identification number (CIN) of India Polyspin Limited is L17110GJ1992PLC018617 and the company number is 018617 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for India Polyspin Limited has risen by 9.21%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of India Polyspin Limited has experienced an downturn of -0.08%.

  • As per the financial statements for fiscal Year 2018, The total open charges for India Polyspin Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for India Polyspin Limited was filed with the ROC on 31 Mar 2018.

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