Polyspin Exports Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 39 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 119.76 Cr
- Satisfied Charges ₹ 84.09 Cr
- Revenue Growth -13.09%
- Profit Growth -89.90%
- Ebitda -73.44%
- Net Worth -1.94%
- Total Assets 0.33%
About Polyspin Exports
Polyspin Exports Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 March 1985 and has a history of 39 years and ten months. Its registered office is in Virudhunagar, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539354.
The Corporate was formerly known as Skanda Plastics 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹119.76 Cr. The company has closed loans amounting to ₹84.09 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Polyspin Exports Limited India are Ayyanar Emarajan as COMPANY SECRETARY and Sankar Varathan as Cfo. Rammohanraja Ramji, Durga Ramji, Sinthalapadi Ravi, and Five other members serve as directors at the Company.
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L51909TN1985PLC011683
- Company No.
011683
- Stock Symbol
BSE : 539354
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1985
- Date of AGM
30 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Polyspin Exports?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rammohanraja Ramji  | Managing Director | 25-Sep-1991 | Current |
| Ayyanar Emarajan | Company Secretary | 12-Feb-2022 | Current |
| Sankar Varathan | CFO | 25-Mar-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Devarajan | Director | 20-Sep-2019 | Current |
| Durga Ramji | Director | 01-Jun-2014 | Current |
| Sinthalapadi Ravi | Director | 27-Nov-1992 | Current |
| Sengalipuram Subramanian | Director | 29-Mar-1985 | Current |
| Sinthalapadi Raja | Director | 01-Sep-2019 | Current |
| Ramamirtham Sundharam | Director | 01-Sep-2019 | Current |
Financial Performance of Polyspin Exports.
Polyspin Exports Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.09% decrease. The company also saw a substantial fall in profitability, with a 89.9% decrease in profit. The company's net worth dipped by a decrease of 1.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Polyspin Exports?
In 2023, Polyspin Exports had a promoter holding of 48.46% and a public holding of 51.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ramona Cosmaceuticals Private LimitedSinthalapadi Ravi is a mutual person
Polyspin Private LimitedRammohanraja Ramji and Durga Ramji are mutual person
Hablis Hotels Private LimitedRajesh Devarajan is a mutual person
Energyspin Private LimitedRammohanraja Ramji and Durga Ramji are mutual person
- Ramji Investments Private Limited
Rammohanraja Ramji and Durga Ramji are mutual person
- Ganesh Agro Pack Private Limited
Sinthalapadi Ravi and Sengalipuram Subramanian are mutual person
Charges (Loans)
₹119.76 Cr
₹84.09 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 90.00 Cr
- Axis Bank Limited : 28.88 Cr
- Others : 0.89 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2024 | Others | ₹3.00 M | Open |
| 21 Oct 2023 | Axis Bank Limited | ₹2.51 Cr | Open |
| 30 Sep 2023 | Others | ₹2.93 M | Open |
| 30 Sep 2023 | Others | ₹1.17 M | Open |
| 23 Sep 2023 | Others | ₹1.80 M | Open |
How Many Employees Work at Polyspin Exports?
Polyspin Exports has a workforce of 1760 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polyspin Exports, 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 Polyspin Exports'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.
