About
Basic Data Updated:
1 month agoPolyspin Exports Limited, according to ratings, is involved in the production of HDPE/PP bags and has commenced full-scale production of flexible intermediate bulk container (FIBC) bags since 1996. Throughout the years, an integrated manufacturing facility for FIBC has been established by PEL, with regular upgrades and advancements, resulting in a total capacity of 9000 MT as of March 31, 2017. In addition to the FIBC division, PEL also possesses the capability to manufacture 300 MT of PP woven fabric, 1500 PP yarn, and a textile division with 2400 rotors producing cotton yarn as of March 31, 2017. PEL also has a windmill with a capacity of 250 KVA for its own consumption purposes. The products of PEL are primarily utilized in industries such as fertilizer, building materials, chemicals, and cement.
Industry
Company Details
- Location
Virudhunagar, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | L51909TN1985PLC011683 |
| Company No. | 011683 |
| Stock Symbol | BSE : 539354 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 29 Mar 1985 |
| Date of AGM | 25 Aug 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Chennai |
Financials of Polyspin Exports Limited
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%.
Corporate Structure
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People in Polyspin Exports Limited
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Executive Team (3)
RR
Rammohanraja Ramji
Managing DirectorAppointment Date: 25-Sep-1991
Status: Current
AE
Ayyanar Emarajan Company SecretaryAppointment Date: 12-Feb-2022
Status: Current
SV
Sankar Varathan CFOAppointment Date: 25-Mar-2015
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 21 Oct 2023 | ₹2.51 Cr | Open |
Others Creation Date: 30 Sep 2023 | ₹2.93 M | Open |
Others Creation Date: 30 Sep 2023 | ₹1.17 M | Open |
Deals i
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Rating
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Alert
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Recent activity within the organization
Charges
A charge with Axis Bank Limited amounted to Rs. 2.51 cr with Charge ID 100809621 was registered on 21 Oct 2023.
21 Oct 2023Charges
A charge with Others amounted to Rs. 0.29 cr with Charge ID 100817117 was registered on 30 Sep 2023.
30 Sep 2023Charges
A charge with Others amounted to Rs. 0.12 cr with Charge ID 100819747 was registered on 30 Sep 2023.
30 Sep 2023Charges
A charge with Axis Bank Limited of Rs. 112.35 cr registered on 12 Jan 2022 with Charge ID 100532417 was modified on 29 Sep 2023.
29 Sep 2023Charges
A charge with Others amounted to Rs. 0.18 cr with Charge ID 100802836 was registered on 23 Sep 2023.
23 Sep 2023
Frequently asked questions
What is the Incorporation or founding date of Polyspin Exports Limited?
