Seven Seas Polymers Private Limited

Plastic granule trading company incorporated in 1999 with registered office in Tamil Nadu.

1999 | Madurai, Tamil Nadu (India) | Active
Last Updated:

Seven Seas Polymers Profile

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 4.05 Cr
  • Company Age 25 Year, 6 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 six 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

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51495TN1999PTC122154

  • Company No.

    122154

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing
Company report

Seven Seas Polymers Private Limited

Explore comprehensive data for Seven Seas Polymers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Seven Seas Polymers?

Board Members (3)

NameDesignationAppointment DateStatus
Arun Thangam Country flag representing In Director 17-Aug-1999Current
Kulandasamy Sarasthangam Country flag representing In Director 25-Oct-1999Current
Mogeeth Country flag representing In Director 10-Oct-2022Current

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%.

Seven Seas Polymers revenue growth over time
Seven Seas Polymers 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
-19.86%
Revenue from Operations
-19.21%
Total Assets
-25.22%
Profit or Loss
8.32%
Net Worth
9.14%
EBITDA
314.22%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.10 Cr

Satisfied Charges

₹4.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 4.10 Cr
  • Tamilnad Mercantile Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jun 2024Others₹4.10 CrOpen
29 Jul 2017Tamilnad Mercantile Bank Limited₹1.00 CrOpen
26 Sep 2017Tamilnad Mercantile Bank Limited₹4.50 CrSatisfied

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.

Employee growth trends for Seven Seas Polymers Private Limited

Deals i

Graph showing company valuation over time

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

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 Seven Seas Polymers

Recent activity within the organization

  • Annual General Meeting

    Seven Seas Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 4.10 Cr with Charge ID 100943187 was registered on 11 Jun 2024.

  • Balance Sheet

    Seven Seas Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Mogeeth was appointed as a Director was appointed as a Director on 10 Oct 2022 & has been associated with this company since 2 years 5 months .

  • Charges

    A charge registered on 26 Sep 2017 via Charge ID 100137845 with Tamilnad Mercantile Bank Limited was fully satisfied on 24 Dec 2020.

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.50 Cr with Charge ID 100137845 was registered on 26 Sep 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Seven Seas Polymers Private Limited?

    Seven Seas Polymers Private Limited was incorporated on 17 Aug 1999.

  • What is authorized share capital and paid-up capital of Seven Seas Polymers Private Limited?

    The authorized share capital of Seven Seas Polymers Private Limited is ₹ 4.25 Cr and paid-up capital is ₹ 4.05 Cr.

  • Who are the current board members & directors of Seven Seas Polymers Private Limited?

    Currently 3 directors are associated with Seven Seas Polymers Private Limited.

    • Arun Thangam
    • Kulandasamy Sarasthangam
    • Mogeeth

  • What is the registered address of Seven Seas Polymers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Seven Seas Polymers Private Limited is 37-A-1 Madakulam Main Road Near Grt Hotel, Palanganatham India, Madurai, Tamil Nadu, 625003.

  • What is the corporate identification number (CIN) and company number of Seven Seas Polymers Private Limited?

    The corporate identification number (CIN) of Seven Seas Polymers Private Limited is U51495TN1999PTC122154 and the company number is 122154 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Seven Seas Polymers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Seven Seas Polymers Private Limited has fallen by -19.86%.

  • What change has been observed in the net worth of Seven Seas Polymers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Seven Seas Polymers Private Limited has experienced an upsurge of 9.14%.

  • What are the total open charges for Seven Seas Polymers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Seven Seas Polymers Private Limited amount to ₹ 5.10 Cr.

  • When was the last Balance Sheet of Seven Seas Polymers Private Limited filed with the ROC?

    The most recent Balance Sheet for Seven Seas Polymers Private Limited was filed with the ROC on 31 Mar 2024.

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