Salamat Rai Polymers Pvt Ltd

Manufacturer of plastic bags since 1986, based in Ludhiana, Punjab.

1986 | Ludhiana, Punjab (India) | Active
Last Updated: December 06, 2024

Salamat Rai Polymers Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.49 M
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 6.40 M
  • Revenue Growth 37.99%
  • Profit Growth 96.80%
  • Ebitda -70.10%
  • Net Worth 14.77%
  • Total Assets -6.23%

About Salamat Rai Polymers

Salamat Rai Polymers Pvt Ltd (SRPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 January 1986 and has a history of 39 years and one month. Its registered office is in Ludhiana, Punjab, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.49 M.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹6.40 M, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Gupta and Meena Gupta serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25202PB1986PTC006619

  • Company No.

    006619

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (2)

Name Designation Appointment Date Status
Rajeev Gupta Country flag representing In Director 07-Mar-1995 Current
Meena Gupta Country flag representing In Director 14-Jan-2015 Current

Financial Performance of Salamat Rai Polymers.

Salamat Rai Polymers Pvt Ltd, for the financial year ended 2021, experienced significant growth in revenue, with a 37.99% increase. The company also saw a substantial improvement in profitability, with a 96.8% increase in profit. The company's net worth Soared by an impressive increase of 14.77%.

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
37.99%
Revenue from Operations
37.50%
Total Assets
-6.23%
Profit or Loss
96.80%
Net Worth
14.77%
EBITDA
-70.10%

What is the Ownership and Shareholding Structure of Salamat Rai Polymers?

In 2021, Salamat Rai Polymers had a promoter holding of 82.20% and a public holding of 17.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹6.40 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
09 Nov 2022 Hdfc Bank Limited ₹1.00 Cr Open
11 Jan 2013 State Bank Of India ₹0.60 M Satisfied
03 Jan 2011 Allahabad Bank ₹5.00 M Satisfied
24 Feb 2003 State Bank Of Bikaner & Jaipur ₹0.50 M Satisfied
19 Jul 1988 State Bank Of Bikaner & Jaipur ₹0.30 M Satisfied

How Many Employees Work at Salamat Rai Polymers?

Unlock and access historical data on people associated with Salamat Rai 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 Salamat Rai 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 Salamat Rai 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 Salamat Rai Polymers

Recent activity within the organization

  • Annual General Meeting

    Salamat Rai Polymers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 19 Jul 1988 via Charge ID 90181403 with State Bank Of Bikaner & Jaipur was fully satisfied on 19 Aug 2023.

    19 Aug 2023

  • Charges

    A charge registered on 03 Jan 2011 via Charge ID 10259310 with Allahabad Bank was fully satisfied on 02 Jun 2023.

    02 Jun 2023

  • Charges

    A charge registered on 11 Jan 2013 via Charge ID 10401933 with State Bank Of India was fully satisfied on 25 May 2023.

    25 May 2023

  • Balance Sheet

    Salamat Rai Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100730630 was registered on 09 Nov 2022.

    09 Nov 2022

Frequently asked questions

  • Salamat Rai Polymers Pvt Ltd was incorporated on 01 Jan 1986.

  • The authorized share capital of Salamat Rai Polymers Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.49 M.

  • Currently 2 directors are associated with Salamat Rai Polymers Pvt Ltd.

    • Rajeev Gupta
    • Meena Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salamat Rai Polymers Pvt Ltd is E 428Phase Vi Focal Point Ludhiana India, Punjab, 141010.

  • The corporate identification number (CIN) of Salamat Rai Polymers Pvt Ltd is U25202PB1986PTC006619 and the company number is 006619 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Salamat Rai Polymers Pvt Ltd has risen by 37.99%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Salamat Rai Polymers Pvt Ltd has experienced an upsurge of 14.77%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Salamat Rai Polymers Pvt Ltd amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Salamat Rai Polymers Pvt Ltd was filed with the ROC on 31 Mar 2023.

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