Lincon Polymers Private Limited

Founded in 1996 and headquartered in Gujarat, India.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Lincon Polymers Profile

Key Indicators

  • Authorised Capital ₹ 1.45 Cr
  • Paid Up Capital ₹ 1.44 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 184.50 Cr
  • Satisfied Charges ₹ 87.27 Cr
  • Revenue Growth -9.71%
  • Profit Growth -17.54%
  • Ebitda 24.53%
  • Net Worth 8.45%
  • Total Assets -0.09%

About Lincon Polymers

Lincon Polymers Private Limited (LPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 March 1996 and has a history of 28 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

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 1.45 Cr and a paid-up capital of Rs 1.44 Cr.

The company currently has active open charges totaling ₹184.50 Cr. The company has closed loans amounting to ₹87.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

Babubhai Patel, Pareshkumar Patel, and Bhaveshkumar Patel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U22203GJ1996PTC028973

  • Company No.

    028973

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 1996

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Lincon Polymers Private Limited offer?

Lincon Polymers Private Limited offers a wide range of products and services, including Cotton, Jute & Canvas Bags, Fabric Bag, Packaging, Laminated & Zip Bags, Laminated Bags, Bulk Bags & Sacks, Woven Sacks, Woven Bags, BOPP Bags, Jumbo Bags, Food Packaging Materials & Supplies.

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

Board Members (3)

NameDesignationAppointment DateStatus
Babubhai Patel Country flag representing In Director 25-Aug-1999Current
Pareshkumar Patel Country flag representing In Director 25-Aug-1999Current
Bhaveshkumar Patel Country flag representing In Director 05-Jun-2013Current

Financial Performance of Lincon Polymers.

Lincon Polymers Private Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 9.71% decrease. The company also saw a substantial fall in profitability, with a 17.54% decrease in profit. The company's net worth moved up by a moderate rise of 8.45%.

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
-9.71%
Revenue from Operations
-9.70%
Total Assets
-0.09%
Profit or Loss
-17.54%
Net Worth
8.45%
EBITDA
24.53%

What is the Ownership and Shareholding Structure of Lincon Polymers?

In 2024, Lincon 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹184.50 Cr

Satisfied Charges

₹87.27 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 115.00 Cr
  • Others : 69.50 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2021Others₹20.00 CrOpen
23 Jul 2021Others₹49.50 CrOpen
20 Jul 2021Hdfc Bank Limited₹102.38 CrOpen
08 Feb 2021Hdfc Bank Limited₹12.62 CrOpen
28 Feb 2018Hdfc Bank Limited₹55.65 CrSatisfied

How Many Employees Work at Lincon Polymers?

Lincon Polymers has a workforce of 90 employees as of Oct 13, 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 Lincon 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 Lincon Polymers'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 Lincon Polymers

Recent activity within the organization

  • Annual General Meeting

    Lincon Polymers Private Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

    16 Aug 2024

  • Balance Sheet

    Lincon Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 29 Jul 2021 with Charge ID 100465588 was modified on 11 Aug 2023.

    11 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 102.38 Cr registered on 20 Jul 2021 with Charge ID 100468213 was modified on 14 Mar 2023.

    14 Mar 2023

  • Charges

    A charge registered on 28 Feb 2018 via Charge ID 100160436 with Hdfc Bank Limited was fully satisfied on 17 Feb 2022.

    17 Feb 2022

  • Charges

    A charge with Others of Rs. 49.50 Cr registered on 23 Jul 2021 with Charge ID 100467052 was modified on 11 Jan 2022.

    11 Jan 2022

Frequently asked questions

  • Lincon Polymers Private Limited was incorporated on 04 Mar 1996.

  • The authorized share capital of Lincon Polymers Private Limited is ₹ 1.45 Cr and paid-up capital is ₹ 1.44 Cr.

  • Currently 3 directors are associated with Lincon Polymers Private Limited.

    • Babubhai Kacharabhai Patel
    • Pareshkumar Babulal Patel
    • Bhaveshkumar Babubhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lincon Polymers Private Limited is 508-515 The Capital-2 Opp Serenity Lavish, Science City India, Ahmedabad, Gujarat, 380060.

  • The corporate identification number (CIN) of Lincon Polymers Private Limited is U22203GJ1996PTC028973 and the company number is 028973 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lincon Polymers Private Limited is https://www.linconpolymers.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Lincon Polymers Private Limited has fallen by -9.71%.

  • As Per 2024 financial reports, 90 employees are currently employed by Lincon Polymers Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Lincon Polymers Private Limited has experienced an upsurge of 8.45%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Lincon Polymers Private Limited amount to ₹ 184.50 Cr.

  • The most recent Balance Sheet for Lincon Polymers Private Limited was filed with the ROC on 31 Mar 2024.

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