Ricolex Polymers Private Limited

Manufacturer of CPVC, PVC, and HDPE pipes & fittings, water storage tanks, and industrial tanks.

2017 | Chamrajnagar, Karnataka (India) | Active
Last Updated: November 16, 2024

Ricolex Polymers Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.90 Cr
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.33 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth -6.79%
  • Profit Growth 28.46%
  • Ebitda -5.89%
  • Net Worth 11.15%
  • Total Assets 13.37%

About Ricolex Polymers

Ricolex Polymers Private Limited (RPPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 June 2017 (Seven years and eight months 14 days old ). Its registered office is in Chamrajnagar, Karnataka, 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 3.00 Cr and a paid-up capital of Rs 2.90 Cr.

The company currently has active open charges totaling ₹10.33 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pemaram Prabhuram and Rajesh Prabhurama serve as directors at the Company.

Company Details

  • Location

    Chamrajnagar, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ricolexpipes.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209KA2017PTC103803

  • Company No.

    103803

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Ricolex Polymers Private Limited offer?

Ricolex Polymers Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, CPVC Pipe, PVC, CPVC, HDPE Water Pipe Fittings, Plastic Coupling, Agricultural Pipes, PVC Pipe Fittings, PVC Fittings, PVC Pipes, Grey Pipe, Plastic Tee.

Who are the key members and board of directors at Ricolex Polymers?

Board Members (2)

NameDesignationAppointment DateStatus
Pemaram Prabhuram Country flag representing In Director 13-Jun-2017Current
Rajesh Prabhurama Country flag representing In Director 13-Jun-2017Current

Financial Performance of Ricolex Polymers.

Ricolex Polymers Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.79% decrease. The company also saw a substantial improvement in profitability, with a 28.46% increase in profit. The company's net worth Soared by an impressive increase of 11.15%.

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
-6.79%
Revenue from Operations
-6.80%
Total Assets
13.37%
Profit or Loss
28.46%
Net Worth
11.15%
EBITDA
-5.89%

What is the Ownership and Shareholding Structure of Ricolex Polymers?

In 2023, Ricolex Polymers 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

₹10.33 Cr

Satisfied Charges

₹5.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.33 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2018State Bank Of India₹10.33 CrOpen
08 Mar 2021Karnataka State Financial Corporation₹1.75 CrSatisfied
04 May 2018Others₹3.25 CrSatisfied

How Many Employees Work at Ricolex Polymers?

Unlock and access historical data on people associated with Ricolex Polymers, 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 Ricolex Polymers, 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 Ricolex Polymers'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 Ricolex Polymers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Ricolex Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 10.33 Cr registered on 20 Jul 2018 with Charge ID 100194965 was modified on 30 Nov 2022.

    30 Nov 2022

  • Charges

    A charge registered on 08 Mar 2021 via Charge ID 100426087 with Karnataka State Financial Corporation was fully satisfied on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge registered on 04 May 2018 via Charge ID 100180144 with Others was fully satisfied on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 1.75 Cr with Charge ID 100426087 was registered on 08 Mar 2021.

    08 Mar 2021

Frequently asked questions

  • Ricolex Polymers Private Limited was incorporated on 13 Jun 2017.

  • The authorized share capital of Ricolex Polymers Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.90 Cr.

  • Currently 2 directors are associated with Ricolex Polymers Private Limited.

    • Pemaram Prabhuram
    • Rajesh Prabhurama
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ricolex Polymers Private Limited is 59/1, Pawar Bhavan Deviation Road India, Chamarajanagar, Karnataka, 571313.

  • The corporate identification number (CIN) of Ricolex Polymers Private Limited is U25209KA2017PTC103803 and the company number is 103803 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ricolex Polymers Private Limited is https://www.ricolexpipes.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ricolex Polymers Private Limited has fallen by -6.79%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ricolex Polymers Private Limited has experienced an upsurge of 11.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ricolex Polymers Private Limited amount to ₹ 10.33 Cr.

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

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