Scorpion Industrial Polymers Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 35 Year, 1 Day
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.84 Cr
- Satisfied Charges ₹ 2.24 Cr
- Revenue Growth -9.42%
- Profit Growth -111.89%
- Ebitda -71.36%
- Net Worth -3.85%
- Total Assets 3.72%
About Scorpion Industrial Polymers
Scorpion Industrial Polymers Private Limited (SIPPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 February 1990 and has a history of 35 years. Its registered office is in Chennai, Tamil Nadu, 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹1.84 Cr. The company has closed loans amounting to ₹2.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thittai Ashok and Geetha Kumar serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U25199TN1990PTC018699
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Company No.
018699
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Feb 1990
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Scorpion Industrial Polymers Private Limited offer?
Scorpion Industrial Polymers Private Limited offers a wide range of products and services, including Automobile Fittings & Components, Automotive Rubber Components, Alloy, Metal and Machine Washers, Washer, Bushings & Bushing Parts, Industrial Bushes, Rubber Gaskets and Gasket Material, Flange Gaskets, Transformers & Transformer Parts, Transformer Parts.
Who are the key members and board of directors at Scorpion Industrial Polymers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thittai Ashok
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Director | 29-Jan-2022 | Current |
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Geetha Kumar
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Director | 09-Feb-1990 | Current |
Financial Performance of Scorpion Industrial Polymers.
Scorpion Industrial Polymers Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.42% decrease. The company also saw a substantial fall in profitability, with a 111.89% decrease in profit. The company's net worth dipped by a decrease of 3.85%.
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What is the Ownership and Shareholding Structure of Scorpion Industrial Polymers?
In 2023, Scorpion Industrial 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.
Charges (Loans)
₹18.42 M
₹22.41 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 1.84 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2017 | City Union Bank Limited | ₹1.84 Cr | Open |
| 14 Mar 2014 | Bank Of India | ₹4.00 M | Satisfied |
| 15 Nov 2012 | Bank Of India | ₹7.50 M | Satisfied |
| 25 Jul 2011 | Bank Of India | ₹0.39 M | Satisfied |
| 29 Apr 2009 | Bank Of India | ₹0.60 M | Satisfied |
How Many Employees Work at Scorpion Industrial Polymers?
Scorpion Industrial Polymers has a workforce of 39 employees as of Apr 09, 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 Scorpion Industrial 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 Scorpion Industrial Polymers'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.
