Saurashtra Polybags Private Limited

Manufactures and sells plastic bags, fabrics, and tape made from synthetic materials.

2009 | Rajkot, Gujarat (India) | Active
Last Updated: December 23, 2024

Saurashtra Polybags Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 1.90 Cr
  • Revenue Growth -88.00%
  • Profit Growth -10.92%
  • Ebitda -82.22%
  • Net Worth -25.66%
  • Total Assets -4.35%

About Saurashtra Polybags

Saurashtra Polybags Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 October 2009 and has a history of 15 years and three months. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Union Polybags Private Limited. The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹1.90 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Darshik Sutariya, Laljibhai Rakholia, and Sanjaybhai Chothani serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ2009PTC058467

  • Company No.

    058467

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 2009

  • Date of AGM

    21 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Saurashtra Polybags Private Limited offer?

Saurashtra Polybags Private Limited offers a wide range of products and services, including Other Textile Fabrics, Woven Fabrics, Woven Sacks, HDPE Woven Sacks, Plastic Bags, HDPE Bags, Polypropylene Woven Fabric, Polypropylene Woven Sacks, PP Woven Sack Fabric, Jumbo Bags.

Who are the key members and board of directors at Saurashtra Polybags?

Board Members (3)

NameDesignationAppointment DateStatus
Darshik Sutariya Country flag representing In Director 11-Sep-2013Current
Laljibhai Rakholia Country flag representing In Director 17-Sep-2018Current
Sanjaybhai Chothani Country flag representing In Director 17-Jun-2020Current

Financial Performance of Saurashtra Polybags.

Saurashtra Polybags Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 88% decrease. The company also saw a substantial fall in profitability, with a 10.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.66%.

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
-88.00%
Revenue from Operations
-87.97%
Total Assets
-4.35%
Profit or Loss
-10.92%
Net Worth
-25.66%
EBITDA
-82.22%

What is the Ownership and Shareholding Structure of Saurashtra Polybags?

In 2017, Saurashtra Polybags 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

₹0

Satisfied Charges

₹19.00 M

Charges Breakdown by Lending Institutions

  • Corporation Bank : 1.90 Cr

Latest Charge Details

DateLenderAmountStatus
08 Apr 2010Corporation Bank₹9.50 MSatisfied
08 Apr 2010Corporation Bank₹9.50 MSatisfied

How Many Employees Work at Saurashtra Polybags?

Unlock and access historical data on people associated with Saurashtra Polybags, 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 Saurashtra Polybags, 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 Saurashtra Polybags'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 Saurashtra Polybags

Recent activity within the organization

  • Charges

    A charge registered on 08 Apr 2010 via Charge ID 10218197 with Corporation Bank was fully satisfied on 30 Jan 2021.

    30 Jan 2021

  • Charges

    A charge registered on 08 Apr 2010 via Charge ID 10218196 with Corporation Bank was fully satisfied on 30 Jan 2021.

    30 Jan 2021

  • Annual General Meeting

    Saurashtra Polybags Private Limited last Annual general meeting of members was held on 21 Dec 2020 as per latest MCA records.

    21 Dec 2020

  • Director Appointment

    Sanjaybhai Keshubhai Chothani was appointed as a Director was appointed as a Director on 17 Jun 2020 & has been associated with this company since 4 years 8 months .

    17 Jun 2020

  • Balance Sheet

    Saurashtra Polybags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.

    31 Mar 2020

  • Director Appointment

    Laljibhai Hardasbhai Rakholia was appointed as a Director was appointed as a Director on 17 Sep 2018 & has been associated with this company since 6 years 5 months .

    17 Sep 2018

Frequently asked questions

  • Saurashtra Polybags Private Limited was incorporated on 30 Oct 2009.

  • The authorized share capital of Saurashtra Polybags Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Saurashtra Polybags Private Limited.

    • Darshik Vashrambhai Sutariya
    • Laljibhai Hardasbhai Rakholia
    • Sanjaybhai Keshubhai Chothani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saurashtra Polybags Private Limited is C/O Bhikhabhai Harjibhai Sutariya Village: Pardi, Taluka: Lodhika India, Rajkot, Gujarat, 360024.

  • The corporate identification number (CIN) of Saurashtra Polybags Private Limited is U25200GJ2009PTC058467 and the company number is 058467 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Saurashtra Polybags Private Limited has fallen by -88.00%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Saurashtra Polybags Private Limited has experienced an downturn of -25.66%.

  • The most recent Balance Sheet for Saurashtra Polybags Private Limited was filed with the ROC on 31 Mar 2020.

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