Lg Polymers India Private Limited

Produces polystyrene and expandable polystyrene resins for various applications.

1996 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 20, 2024

Lg Polymers India Profile

Key Indicators

  • Authorised Capital ₹ 330.00 Cr
  • Paid Up Capital ₹ 318.33 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Dec 2023
  • Open Charges ₹ 202.25 Cr
  • Satisfied Charges ₹ 557.64 Cr
  • Revenue Growth -45.70%
  • Profit Growth -55.33%
  • Ebitda -34.29%
  • Net Worth 27.38%
  • Total Assets 63.71%

About Lg Polymers India

Lg Polymers India Private Limited (LPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 December 1996 and has a history of 28 years and two months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 December 2023. It's a company limited by shares with an authorized capital of Rs 330.00 Cr and a paid-up capital of Rs 318.33 Cr.

The company currently has active open charges totaling ₹202.25 Cr. The company has closed loans amounting to ₹557.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lg Polymers India Private Limited India is Ishita Dua as COMPANY SECRETARY. Yudhishthir Bhelkar and Wonkyun Lee serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25203AP1996PTC025917

  • Company No.

    025917

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 1996

  • Date of AGM

    30 Jun 2024

  • Date of Balance Sheet

    31 Dec 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

What products or services does Lg Polymers India Private Limited offer?

Lg Polymers India Private Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Epoxy Adhesives, Plastic Film, Packaging Materials, LED TV, LG LED TV, Plastic Bags, Air Conditioner, LG Air Conditioner, TV.

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

Executive Team (2)

Name Designation Appointment Date Status
Ishita Dua Company Secretary 03-Dec-2024 Current
Wonkyun Lee Country flag representing Kr Managing Director 09-Jan-2024 Current

Board Members (1)

Name Designation Appointment Date Status
Yudhishthir Bhelkar Country flag representing In Director 11-Jan-2024 Current

Financial Performance of Lg Polymers India.

Lg Polymers India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.7% decrease. The company also saw a substantial fall in profitability, with a 55.33% decrease in profit. The company's net worth Soared by an impressive increase of 27.38%.

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
-45.70%
Revenue from Operations
-100.00%
Total Assets
63.71%
Profit or Loss
-55.33%
Net Worth
27.38%
EBITDA
-34.29%

What is the Ownership and Shareholding Structure of Lg Polymers India?

In 2022, Lg Polymers India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹202.25 Cr

Satisfied Charges

₹557.64 Cr

Charges Breakdown by Lending Institutions

  • Icic Bank Limited : 75.00 Cr
  • Icici Bank Limited : 45.00 Cr
  • Bank Of America Nt & Sa; : 38.25 Cr
  • Anz Grindlays Bank : 34.00 Cr
  • Icici Limited : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Feb 2003 Icic Bank Limited ₹75.00 Cr Open
22 Jul 1999 Icici Bank Limited ₹45.00 Cr Open
18 Feb 1999 Bank Of America Nt & Sa; ₹19.13 Cr Open
18 Feb 1999 Bank Of America Nt & Sa; ₹19.13 Cr Open
16 Jul 1998 Icici Limited ₹10.00 Cr Open

How Many Employees Work at Lg Polymers India?

Lg Polymers India has a workforce of 75 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lg Polymers India, 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 Lg Polymers India'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 Lg Polymers India

Recent activity within the organization

  • Director Appointment

    Ishita Dua was appointed as a Company Secretary was appointed as a Company Secretary on 03 Dec 2024 & has been associated with this company since 2 months 8 days .

    03 Dec 2024

  • Annual General Meeting

    Lg Polymers India Private Limited last Annual general meeting of members was held on 30 Jun 2024 as per latest MCA records.

    30 Jun 2024

  • Director Appointment

    Yudhishthir Marotrao Bhelkar was appointed as a Director was appointed as a Director on 11 Jan 2024 & has been associated with this company since 1 year 29 days .

    11 Jan 2024

  • Director Appointment

    Wonkyun Lee was appointed as a Managing Director was appointed as a Managing Director on 09 Jan 2024 & has been associated with this company since 1 year 1 month .

    09 Jan 2024

  • Balance Sheet

    Lg Polymers India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Vijayawada.

    31 Dec 2023

  • Charges

    A charge registered on 07 May 2010 via Charge ID 10218355 with Standard Chartered Bank was fully satisfied on 09 Feb 2022.

    09 Feb 2022

Frequently asked questions

  • Lg Polymers India Private Limited was incorporated on 10 Dec 1996.

  • The authorized share capital of Lg Polymers India Private Limited is ₹ 330.00 Cr and paid-up capital is ₹ 318.33 Cr.

  • Currently 3 directors are associated with Lg Polymers India Private Limited.

    • Ishita Dua
    • Yudhishthir Marotrao Bhelkar
    • Wonkyun Lee
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lg Polymers India Private Limited is R V Venkatapuram India, Visakhapatnam, Andhra Pradesh, 530029.

  • The corporate identification number (CIN) of Lg Polymers India Private Limited is U25203AP1996PTC025917 and the company number is 025917 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lg Polymers India Private Limited is https://www.lgpi.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lg Polymers India Private Limited has fallen by -45.70%.

  • As Per 2023 financial reports, 75 employees are currently employed by Lg Polymers India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lg Polymers India Private Limited has experienced an upsurge of 27.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lg Polymers India Private Limited amount to ₹ 202.25 Cr.

  • The most recent Balance Sheet for Lg Polymers India Private Limited was filed with the ROC on 31 Dec 2023.

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