Prime India Polymix Private Limited

Manufacturer of rubber components and synthetic rubber for global and local markets.

1981 | Delhi (India) | Active
Last Updated: October 24, 2024

Prime India Polymix Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.24 Cr
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 62.88 Cr
  • Satisfied Charges ₹ 78.60 Cr
  • Revenue Growth 17.01%
  • Profit Growth 14.74%
  • Ebitda -13.94%
  • Net Worth 14.46%
  • Total Assets -19.75%

About Prime India Polymix

Prime India Polymix Private Limited (PIPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 March 1981 and has a history of 43 years and 11 months. Its registered office is in Delhi, India.

The Corporate was formerly known as Mitaso Steels Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.24 Cr.

The company currently has active open charges totaling ₹62.88 Cr. The company has closed loans amounting to ₹78.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sonam Sinha, Raj Bhatia, Saket Bhatia, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200DL1981PTC011479

  • Company No.

    011479

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Mar 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Prime India Polymix?

Board Members (4)

NameDesignationAppointment DateStatus
Saket Bhatia Country flag representing In Director 31-Mar-2009Current
Sonam Sinha Country flag representing In Director 02-Apr-2024Current
Raj Bhatia Country flag representing In Director 26-Dec-2007Current
Ratan Verma Country flag representing In Director 06-Dec-2010Current

Financial Performance of Prime India Polymix.

Prime India Polymix Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.01% increase. The company also saw a substantial improvement in profitability, with a 14.74% increase in profit. The company's net worth Soared by an impressive increase of 14.46%.

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
17.01%
Revenue from Operations
17.15%
Total Assets
-19.75%
Profit or Loss
14.74%
Net Worth
14.46%
EBITDA
-13.94%

What is the Ownership and Shareholding Structure of Prime India Polymix?

In 2023, Prime India Polymix 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

₹62.88 Cr

Satisfied Charges

₹78.60 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 49.95 Cr
  • Others : 12.93 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2022Others₹12.93 CrOpen
24 Dec 2021Indian Bank₹5.45 CrOpen
24 Sep 2019Indian Bank₹44.50 CrOpen
08 Apr 2015Andhra Bank₹7.50 MSatisfied
11 Nov 2011Andhra Bank₹1.35 CrSatisfied

How Many Employees Work at Prime India Polymix?

Prime India Polymix has a workforce of 46 employees as of Apr 09, 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 Prime India Polymix, 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 Prime India Polymix'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 Prime India Polymix

Recent activity within the organization

  • Director Appointment

    Sonam Sinha was appointed as a Director was appointed as a Director on 02 Apr 2024 & has been associated with this company since 10 months 23 days .

    02 Apr 2024

  • Annual General Meeting

    Prime India Polymix Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Indian Bank of Rs. 5.45 Cr registered on 24 Dec 2021 with Charge ID 100524841 was modified on 21 Aug 2023.

    21 Aug 2023

  • Balance Sheet

    Prime India Polymix Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 12.93 Cr with Charge ID 100644844 was registered on 29 Oct 2022.

    29 Oct 2022

  • Charges

    A charge with Indian Bank of Rs. 44.50 Cr registered on 24 Sep 2019 with Charge ID 100296266 was modified on 04 Mar 2022.

    04 Mar 2022

Frequently asked questions

  • Prime India Polymix Private Limited was incorporated on 23 Mar 1981.

  • The authorized share capital of Prime India Polymix Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.24 Cr.

  • Currently 4 directors are associated with Prime India Polymix Private Limited.

    • Sonam Sinha
    • Raj Kumar Bhatia
    • Saket Bhatia
    • Ratan Singh Verma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prime India Polymix Private Limited is 1St Floor, S-44 Panchsheel Park India, New Delhi, 110017.

  • The corporate identification number (CIN) of Prime India Polymix Private Limited is U25200DL1981PTC011479 and the company number is 011479 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prime India Polymix Private Limited has risen by 17.01%.

  • As Per 2023 financial reports, 46 employees are currently employed by Prime India Polymix Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prime India Polymix Private Limited has experienced an upsurge of 14.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prime India Polymix Private Limited amount to ₹ 62.88 Cr.

  • The most recent Balance Sheet for Prime India Polymix Private Limited was filed with the ROC on 31 Mar 2023.

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