Par Specialty Polymers Private Limited

Manufacturer of construction chemicals, including waterproofing, admixture, and sealants for clients in Maharashtra.

2005 | Thane, Maharashtra (India) | Active
Last Updated: November 16, 2024

Par Specialty Polymers Profile

Key Indicators

  • Authorised Capital ₹ 8.30 M
  • Paid Up Capital ₹ 5.11 M
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.26 Cr
  • Satisfied Charges ₹ 7.40 M
  • Revenue Growth 111.45%
  • Profit Growth 139.99%
  • Ebitda 77.64%
  • Net Worth 57.75%
  • Total Assets 55.58%

About Par Specialty Polymers

Par Specialty Polymers Private Limited (PSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 2005 and has a history of 19 years and nine months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Par Specialty Polymers Limited. The Company is engaged in the Chemicals And Materials 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 8.30 M and a paid-up capital of Rs 5.11 M.

The company currently has active open charges totaling ₹9.26 Cr. The company has closed loans amounting to ₹7.40 M, as per Ministry of Corporate Affairs (MCA) records.

Nirupama Gupta and Alok Kumar serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    psppl.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100MH2005PTC153030

  • Company No.

    153030

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Par Specialty Polymers Private Limited offer?

Par Specialty Polymers Private Limited offers a wide range of products and services, including Rust & Corrosion Protection Products, Anti Corrosion Coating, Adhesives, Glue and Sealants, Bonding Agents, Rust Preventives, Industrial Chemicals & Supplies, Waterproofing Chemicals, Epoxy Bonding Agent, Solvent Ether, Polycarboxylate Ether.

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

Board Members (2)

NameDesignationAppointment DateStatus
Nirupama Gupta Country flag representing In Director 30-Dec-2019Current
Alok Kumar Country flag representing In Director 04-May-2005Current

Financial Performance of Par Specialty Polymers.

Par Specialty Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 111.45% increase. The company also saw a substantial improvement in profitability, with a 139.99% increase in profit. The company's net worth Soared by an impressive increase of 57.75%.

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
111.45%
Revenue from Operations
111.51%
Total Assets
55.58%
Profit or Loss
139.99%
Net Worth
57.75%
EBITDA
77.64%

What is the Ownership and Shareholding Structure of Par Specialty Polymers?

In 2023, Par Specialty 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

₹92.60 M

Satisfied Charges

₹7.40 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 5.94 Cr
  • Others : 3.32 Cr

Latest Charge Details

DateLenderAmountStatus
24 Mar 2023Canara Bank₹2.23 MOpen
04 Nov 2022Others₹2.40 CrOpen
04 Oct 2017Others₹9.20 MOpen
10 Sep 2015Canara Bank₹1.45 MOpen
23 Jun 2012Canara Bank₹3.63 CrOpen

How Many Employees Work at Par Specialty Polymers?

Unlock and access historical data on people associated with Par Specialty Polymers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Par Specialty 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 Par Specialty 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 Par Specialty Polymers

Recent activity within the organization

  • Annual General Meeting

    Par Specialty Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Canara Bank of Rs. 36.34 M registered on 23 Jun 2012 with Charge ID 10365991 was modified on 10 May 2024.

    10 May 2024

  • Balance Sheet

    Par Specialty Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 2.23 M with Charge ID 100725337 was registered on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge registered on 24 Aug 2018 via Charge ID 100224425 with Others was fully satisfied on 09 Feb 2023.

    09 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 24.00 M with Charge ID 100626013 was registered on 04 Nov 2022.

    04 Nov 2022

Frequently asked questions

  • Par Specialty Polymers Private Limited was incorporated on 04 May 2005.

  • The authorized share capital of Par Specialty Polymers Private Limited is ₹ 8.30 M and paid-up capital is ₹ 5.11 M.

  • Currently 2 directors are associated with Par Specialty Polymers Private Limited.

    • Nirupama Alok Gupta
    • Alok Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Par Specialty Polymers Private Limited is Unit No.309 Plot No.C-56/1; Turbhe Ind. Park Ttc Area T India, Navi Mumbai, Maharashtra, 400710.

  • The corporate identification number (CIN) of Par Specialty Polymers Private Limited is U24100MH2005PTC153030 and the company number is 153030 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Par Specialty Polymers Private Limited is https://www.psppl.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Par Specialty Polymers Private Limited has risen by 111.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Par Specialty Polymers Private Limited has experienced an upsurge of 57.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Par Specialty Polymers Private Limited amount to ₹ 9.26 Cr.

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

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