Podar Olefins Private Limited

Manufactures and sells various types of polyethylene films and plastic products.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: December 29, 2024

Podar Olefins Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.25 M
  • Revenue Growth -100.00%
  • Profit Growth -606.67%
  • Ebitda 92.50%
  • Net Worth -71.24%
  • Total Assets -38.35%

About Podar Olefins

Podar Olefins Private Limited (POPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 June 1981 and has a history of 43 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.48 M.

The company currently has active open charges totaling ₹1.25 M.

Kusum Podar and Suresh Podar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24130MH1981PTC024663

  • Company No.

    024663

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Podar Olefins?

Board Members (2)

Name Designation Appointment Date Status
Kusum Podar Country flag representing In Director 02-Sep-1996 Current
Suresh Podar Country flag representing In Director 28-Jul-1988 Current

Financial Performance of Podar Olefins.

Podar Olefins Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 606.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 71.24%.

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
-100.00%
Revenue from Operations
Total Assets
-38.35%
Profit or Loss
-606.67%
Net Worth
-71.24%
EBITDA
92.50%

What is the Ownership and Shareholding Structure of Podar Olefins?

Unlock access to Podar Olefins's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.25 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • G. S. F. C. : 0.09 Cr
  • Indian Bank : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
02 Sep 1985 Indian Bank ₹0.20 M Open
23 Jul 1983 Indian Bank ₹0.15 M Open
06 Sep 1982 G. S. F. C. ₹0.90 M Open

How Many Employees Work at Podar Olefins?

Unlock and access historical data on people associated with Podar Olefins, 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 Podar Olefins, 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 Podar Olefins'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

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Latest Updates, News, and FAQs on Podar Olefins

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Podar Olefins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Kusum Suresh Podar was appointed as a Director was appointed as a Director on 02 Sep 1996 & has been associated with this company since 28 years 5 months .

    02 Sep 1996

  • Director Appointment

    Suresh Kalicharan Podar was appointed as a Director was appointed as a Director on 28 Jul 1988 & has been associated with this company since 36 years 6 months .

    28 Jul 1988

  • Charges

    A charge with Indian Bank of Rs. 0.15 M registered on 23 Jul 1983 with Charge ID 90227677 was modified on 22 Jul 1986.

    22 Jul 1986

  • Charges

    A charge with G. S. F. C. of Rs. 0.90 M registered on 06 Sep 1982 with Charge ID 90227633 was modified on 10 Jan 1986.

    10 Jan 1986

Frequently asked questions

  • Podar Olefins Private Limited was incorporated on 20 Jun 1981.

  • The authorized share capital of Podar Olefins Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.48 M.

  • Currently 2 directors are associated with Podar Olefins Private Limited.

    • Kusum Suresh Podar
    • Suresh Kalicharan Podar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Podar Olefins Private Limited is Flt No6 1St Flr B Wing Udadhi Tarang Co-Op Hsg Soc Nxt To Jw Marriott Hotel Juhutara Road, V Ile Parlew India, Mumbai, Maharashtra, 400049.

  • The corporate identification number (CIN) of Podar Olefins Private Limited is U24130MH1981PTC024663 and the company number is 024663 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Podar Olefins Private Limited has fallen by -100.00%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Podar Olefins Private Limited has experienced an downturn of -71.24%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Podar Olefins Private Limited amount to ₹ 1.25 M.

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