Rama Polycon Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 28.69 Cr
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 50.25 Cr
- Satisfied Charges ₹ 18.37 Cr
- Revenue Growth -13.14%
- Profit Growth -841.22%
- Ebitda -77.72%
- Net Worth -15.70%
- Total Assets 1.14%
About Rama Polycon
Rama Polycon Limited (RPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 October 2011 and has a history of 13 years and five months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Rama Polycon 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 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 28.69 Cr.
The company currently has active open charges totaling ₹50.25 Cr. The company has closed loans amounting to ₹18.37 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Rama Polycon Limited India are Rushwee Patel as CFO and Chandani Jhanwar as Company Secretary. Jatin Patel, Tushar Patel, Rushi Patel, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24100GJ2011PLC067588
- Company No.
067588
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Oct 2011
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Rama Polycon Limited offer?
Rama Polycon Limited offers a wide range of products and services, including Storage Tanks, Drums & Containers, Fuel Container, Plastic Containers & Bottles, Chemical Bottle, Drums, Narrow Mouth Drums, Celebration Firework, Firework Rocket, Plastic Bottles, Plastic Pails.
Who are the key members and board of directors at Rama Polycon?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jatin Patel  | Managing Director | 15-Oct-2016 | Current |
| Neel Patel | Managing Director | 21-Oct-2011 | Current |
| Rushwee Patel | CFO | 28-Feb-2017 | Current |
| Chandani Jhanwar | Company Secretary | 02-Jul-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tushar Patel | Whole-Time Director | 21-Oct-2011 | Current |
| Rushi Patel | Whole-Time Director | 21-Oct-2011 | Current |
| Richa Gandhi | Director | 06-Mar-2017 | Current |
| Mahendra Kanaiyalal | Director | 06-Mar-2017 | Current |
Financial Performance of Rama Polycon.
Rama Polycon Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.14% decrease. The company also saw a substantial fall in profitability, with a 841.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Rama Polycon?
In 2023, Rama Polycon had a promoter holding of 95.18% and a public holding of 4.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Naroda Utilities ServicesJatin Patel is a mutual person
Charges (Loans)
Open Charges
₹50.25 Cr
Satisfied Charges
₹18.37 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 47.10 Cr
- Sidbi : 3.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2023 | Sidbi | ₹3.15 Cr | Open |
| 19 Apr 2018 | Hdfc Bank Limited | ₹36.10 Cr | Open |
| 09 Feb 2018 | Hdfc Bank Limited | ₹11.00 Cr | Open |
| 31 Aug 2017 | Others | ₹1.49 M | Satisfied |
| 30 Jun 2017 | Others | ₹1.26 M | Satisfied |
How Many Employees Work at Rama Polycon?
Rama Polycon has a workforce of 12 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 Rama Polycon, 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 Rama Polycon'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.
Latest Updates, News, and FAQs on Rama Polycon
Recent activity within the organization
- Annual General Meeting
Rama Polycon Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 36.10 Cr registered on 19 Apr 2018 with Charge ID 100178465 was modified on 21 Aug 2024.
- Balance Sheet
Rama Polycon Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited of Rs. 11.00 Cr registered on 09 Feb 2018 with Charge ID 100157278 was modified on 20 Dec 2023.
- Charges
A charge with Sidbi amounted to Rs. 3.15 Cr with Charge ID 100726755 was registered on 06 Jun 2023.
- Charges
A charge registered on 31 Aug 2017 via Charge ID 100124533 with Others was fully satisfied on 17 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Rama Polycon Limited?
Rama Polycon Limited was incorporated on 21 Oct 2011.
What is authorized share capital and paid-up capital of Rama Polycon Limited?
The authorized share capital of Rama Polycon Limited is ₹ 35.00 Cr and paid-up capital is ₹ 28.69 Cr.
Who are the current board members & directors of Rama Polycon Limited?
Currently 8 directors are associated with Rama Polycon Limited.
- Jatin Bhanubhai Patel
- Tushar Bhanubhai Patel
- Rushi Tushar Patel
- Neel Jatin Patel
- Richa Gandhi
- Mahendra Shah Kanaiyalal
- Rushwee Rushi Patel
- Chandani Ankitkumar Jhanwar
What is the registered address of Rama Polycon Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Rama Polycon Limited is Plot No. 1304/1 1301/D Phase Iv Gidc. Naroda, India, Ahmedabad, Gujarat, 382330.
What is the corporate identification number (CIN) and company number of Rama Polycon Limited?
The corporate identification number (CIN) of Rama Polycon Limited is U24100GJ2011PLC067588 and the company number is 067588 as per Ministry of Corporate Affairs (MCA).
What is the official website of Rama Polycon Limited?
The Official website of Rama Polycon Limited is https://www.ramapolycon.com
What has been the recent revenue trend for Rama Polycon Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Rama Polycon Limited has fallen by -13.14%.
How many employees does Rama Polycon Limited currently have?
As Per 2023 financial reports, 12 employees are currently employed by Rama Polycon Limited.
What change has been observed in the net worth of Rama Polycon Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Rama Polycon Limited has experienced an downturn of -15.70%.
What are the total open charges for Rama Polycon Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Rama Polycon Limited amount to ₹ 50.25 Cr.
When was the last Balance Sheet of Rama Polycon Limited filed with the ROC?
The most recent Balance Sheet for Rama Polycon Limited was filed with the ROC on 31 Mar 2024.
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