Innovative Polymers Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 15-11-2024
- Paid Up Capital ₹ 2.00 Cr
as on 15-11-2024
- Company Age 37 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.20 Cr
as on 15-11-2024
- Satisfied Charges ₹ 13.16 Cr
as on 15-11-2024
- Revenue -40.28%
(FY 2023)
- Profit 639.12%
(FY 2023)
- Ebitda -3192.69%
(FY 2023)
- Net Worth 90.68%
(FY 2023)
- Total Assets -35.32%
(FY 2023)
About Innovative Polymers
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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹7.20 Cr. The company has closed loans amounting to ₹13.16 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mekala Chandralekha and Surendernath Mekala serve as directors at the Company.
- CIN/LLPIN
U25209TG1987PTC007367
- Company No.
007367
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Apr 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Innovative Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surendernath Mekala  | Managing Director | 16-Apr-1987 | Current |
Board Members(1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mekala Chandralekha | Director | 26-Jul-2022 | Current |
Financial Performance of Innovative Polymers.
Innovative Polymers Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.28% decrease. The company also saw a substantial improvement in profitability, with a 639.12% increase in profit. The company's net worth Soared by an impressive increase of 90.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Innovative Polymers?
In 2022, Innovative Polymers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Aug 2024 | ₹2.13 M | Open |
State Bank Of India Creation Date: 05 Nov 2022 | ₹5.20 M | Open |
Ing Vysya Bank Limited Creation Date: 27 Jan 2015 | ₹5.90 M | Open |
How Many Employees Work at Innovative Polymers?
Innovative Polymers has a workforce of 10 employees as of Apr 04, 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 Innovative 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 Innovative 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.
