Saraswati Polychem (India) Private Limited

Manufactures plastic products with registered office in Mohali, Punjab.

2016 | Rupnagar, Punjab (India) | Active
Last Updated: December 19, 2024

Saraswati Polychem (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 0.86 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.43 Cr
  • Satisfied Charges ₹ 33.63 Cr
  • Revenue Growth 199.46%
  • Profit Growth 321.24%
  • Ebitda 330.55%
  • Net Worth 172.15%
  • Total Assets 25.02%

About Saraswati Polychem (India)

Saraswati Polychem (India) Private Limited (SPIPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 August 2016 (Eight years and five months 19 days old ). Its registered office is in Rupnagar, 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 5.00 Cr and a paid-up capital of Rs 0.86 M.

The company currently has active open charges totaling ₹26.43 Cr. The company has closed loans amounting to ₹33.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lalit Bansal and Suraj Bansal serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24304PB2016PTC045622

  • Company No.

    045622

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 2016

  • 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 Saraswati Polychem (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Lalit Bansal Country flag representing In Director 12-Aug-2016Current
Suraj Bansal Country flag representing In Director 12-Aug-2016Current

Financial Performance of Saraswati Polychem (India).

Saraswati Polychem (India) Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 199.46% increase. The company also saw a substantial improvement in profitability, with a 321.24% increase in profit. The company's net worth Soared by an impressive increase of 172.15%.

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
199.46%
Revenue from Operations
198.49%
Total Assets
25.02%
Profit or Loss
321.24%
Net Worth
172.15%
EBITDA
330.55%

What is the Ownership and Shareholding Structure of Saraswati Polychem (India)?

In 2021, Saraswati Polychem (India) 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

₹26.43 Cr

Satisfied Charges

₹33.63 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 26.43 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2023Yes Bank Limited₹26.43 CrOpen
29 Jul 2020The Jammu And Kashmir Bank Limited₹1.45 CrSatisfied
28 Jul 2018The Jammu And Kashmir Bank Limited₹32.18 CrSatisfied

How Many Employees Work at Saraswati Polychem (India)?

Unlock and access historical data on people associated with Saraswati Polychem (India), 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 Saraswati Polychem (India), 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 Saraswati Polychem (India)'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 Saraswati Polychem (India)

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 26.43 Cr registered on 30 Dec 2023 with Charge ID 100864302 was modified on 29 Aug 2024.

    29 Aug 2024

  • Charges

    A charge registered on 29 Jul 2020 via Charge ID 100373878 with The Jammu And Kashmir Bank Limited was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge registered on 28 Jul 2018 via Charge ID 100205446 with The Jammu And Kashmir Bank Limited was fully satisfied on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 26.43 Cr with Charge ID 100864302 was registered on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

    Saraswati Polychem (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Saraswati Polychem (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

Frequently asked questions

  • Saraswati Polychem (India) Private Limited was incorporated on 12 Aug 2016.

  • The authorized share capital of Saraswati Polychem (India) Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 0.86 M.

  • Currently 2 directors are associated with Saraswati Polychem (India) Private Limited.

    • Lalit Kumar Bansal
    • Suraj Kumar Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saraswati Polychem (India) Private Limited is H.No. 1708 Phase-3-B-2 Part-1, Teh. Distt. S.A.S. Nagar () India, Mohali, Punjab, 160059.

  • The corporate identification number (CIN) of Saraswati Polychem (India) Private Limited is U24304PB2016PTC045622 and the company number is 045622 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Saraswati Polychem (India) Private Limited has risen by 199.46%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Saraswati Polychem (India) Private Limited has experienced an upsurge of 172.15%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Saraswati Polychem (India) Private Limited amount to ₹ 26.43 Cr.

  • The most recent Balance Sheet for Saraswati Polychem (India) Private Limited was filed with the ROC on 31 Mar 2023.