Seven Seas Polymers Profile
Key Indicators
- Authorised Capital ₹ 4.25 Cr
- Paid Up Capital ₹ 4.05 Cr
- Company Age 25 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.10 Cr
- Satisfied Charges ₹ 4.50 Cr
- Revenue Growth -19.86%
- Profit Growth 8.32%
- Ebitda 314.22%
- Net Worth 9.14%
- Total Assets -25.22%
About Seven Seas Polymers
Seven Seas Polymers Private Limited (SSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 August 1999 and has a history of 25 years and five months. Its registered office is in Madurai, 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 4.25 Cr and a paid-up capital of Rs 4.05 Cr.
The company currently has active open charges totaling ₹5.10 Cr. The company has closed loans amounting to ₹4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arun Thangam, Kulandasamy Sarasthangam, and Mogeeth serve as directors at the Company.
Company Details
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Location
Madurai, 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
U51495TN1999PTC122154
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Company No.
122154
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Aug 1999
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Date of AGM
30 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
Who are the key members and board of directors at Seven Seas Polymers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arun Thangam
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Director | 17-Aug-1999 | Current |
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Kulandasamy Sarasthangam
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Director | 25-Oct-1999 | Current |
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Mogeeth
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Director | 10-Oct-2022 | Current |
Financial Performance of Seven Seas Polymers.
Seven Seas Polymers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.86% decrease. The company also saw a slight improvement in profitability, with a 8.32% increase in profit. The company's net worth moved up by a moderate rise of 9.14%.
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What is the Ownership and Shareholding Structure of Seven Seas Polymers?
In 2023, Seven Seas Polymers had a promoter holding of 29.62% and a public holding of 70.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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E-Port Logistics Private LimitedArun Thangam is a mutual person
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Winndsor Cotton Mills Private LimitedArun Thangam is a mutual person
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Inden Wind Energy Private Limited
Arun Thangam is a mutual person
Charges (Loans)
₹5.10 Cr
₹4.50 Cr
Charges Breakdown by Lending Institutions
- Others : 4.10 Cr
- Tamilnad Mercantile Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2024 | Others | ₹4.10 Cr | Open |
| 29 Jul 2017 | Tamilnad Mercantile Bank Limited | ₹1.00 Cr | Open |
| 26 Sep 2017 | Tamilnad Mercantile Bank Limited | ₹4.50 Cr | Satisfied |
How Many Employees Work at Seven Seas Polymers?
Unlock and access historical data on people associated with Seven Seas Polymers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Seven Seas 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 Seven Seas 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.
