Jostick Polymers Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.60 Cr
- Company Age 33 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 Cr
- Satisfied Charges ₹ 6.57 Cr
- Revenue Growth -70.25%
- Profit Growth -57.40%
- Ebitda -494.94%
- Net Worth -19.70%
- Total Assets -12.83%
About Jostick Polymers
Jostick Polymers Private Limited (JPPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 May 1991 and has a history of 33 years and eight months. Its registered office is in Nashik, Maharashtra, India.
The Corporate was formerly known as Magma Polymers 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.60 Cr.
The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹6.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
Santosh Joglekar and Jayant Joglekar serve as directors at the Company.
Company Details
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Location
Nashik, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24134MH1991PTC061545
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Company No.
061545
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 May 1991
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Jostick Polymers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayant Joglekar
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Director | 26-Mar-2017 | Current |
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Santosh Joglekar
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Director | 26-Mar-2017 | Current |
Financial Performance of Jostick Polymers.
Jostick Polymers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.25% decrease. The company also saw a substantial fall in profitability, with a 57.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.7%.
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What is the Ownership and Shareholding Structure of Jostick Polymers?
In 2023, Jostick 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.
Related Corporates (Common Directorship)
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Peka Tech India Private LimitedJayant Joglekar is a mutual person
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Jostick Adhesive Private LimitedSantosh Joglekar and Jayant Joglekar are mutual person
Charges (Loans)
₹2.00 Cr
₹6.57 Cr
Charges Breakdown by Lending Institutions
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2020 | Others | ₹6.50 M | Open |
| 27 Jan 2020 | Others | ₹1.35 Cr | Open |
| 25 May 2017 | Others | ₹1.65 Cr | Satisfied |
| 06 Jan 2011 | Jalgaon Janata Sahakari Bank Ltd. | ₹2.65 Cr | Satisfied |
| 03 Nov 1999 | State Bank Of India | ₹2.90 M | Satisfied |
How Many Employees Work at Jostick Polymers?
Unlock and access historical data on people associated with Jostick Polymers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jostick 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 Jostick 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.
