Jagrit Polymers Profile
Key Indicators
- Authorised Capital ₹ 0.55 M
- Paid Up Capital ₹ 0.55 M
- Company Age 37 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 5.63 Cr
- Revenue Growth 36.31%
- Profit Growth -55.43%
- Ebitda -141.41%
- Net Worth 3.79%
- Total Assets 24.23%
About Jagrit Polymers
Jagrit Polymers Private Limited (JPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1988 and has a history of 37 years and one month. Its registered office is in Madurai, Tamil Nadu, India.
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 0.55 M and a paid-up capital of Rs 0.55 M.
The company has closed loans amounting to ₹5.63 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ramasamy Ramakrishnan and Ramakrishnan Muthulakshmi serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U25199TN1988PTC015293
- Company No.
015293
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jan 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Jagrit Polymers Private Limited offer?
Jagrit Polymers Private Limited offers a wide range of products and services, including Yarns & Threads, Synthetic Yarn, Cords, Dipped Cord, Polyester Yarn, Yarn, Polyester Cord, Dyed Yarn.
Who are the key members and board of directors at Jagrit Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramasamy Ramakrishnan  | Managing Director | 24-Mar-1994 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramakrishnan Muthulakshmi | Director | 20-Jan-1998 | Current |
Financial Performance of Jagrit Polymers.
Jagrit Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.31% increase. The company also saw a substantial fall in profitability, with a 55.43% decrease in profit. The company's net worth moved up by a moderate rise of 3.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Jagrit Polymers?
In 2023, Jagrit 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)
₹0
₹56.33 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 3.12 Cr
- Idbi Bank Limited : 2.35 Cr
- The Tamilnadu Industrial Investment Corporation Limited : 0.07 Cr
- Canara Bank : 0.05 Cr
- Union Bank Of India : 0.04 Cr
- Others : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2014 | Idbi Bank Limited | ₹0.45 M | Satisfied |
| 27 Mar 2013 | Idbi Bank Limited | ₹2.30 Cr | Satisfied |
| 18 Sep 2008 | Union Bank Of India | ₹0.40 M | Satisfied |
| 20 Dec 2006 | State Bank Of India | ₹2.10 Cr | Satisfied |
| 07 Apr 2004 | State Bank Of India | ₹0.50 M | Satisfied |
How Many Employees Work at Jagrit Polymers?
Jagrit Polymers has a workforce of 27 employees as of Mar 23, 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 Jagrit 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 Jagrit 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.