Shakun Polymers Private Limited

Manufactures various types of wires and cable compounds, including flame retardant and automotive compounds.

1995 | Vadodara, Gujarat (India) | Active
Last Updated: December 04, 2024

Shakun Polymers Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 22.46 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 320.00 Cr
  • Satisfied Charges ₹ 6.70 Cr
  • Revenue Growth 60.53%
  • Profit Growth 96.97%
  • Ebitda 44.44%
  • Net Worth 64.63%
  • Total Assets 31.90%

About Shakun Polymers

Shakun Polymers Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1995 and has a history of 29 years and ten months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Shakun Polymers Limited. The Company is engaged in the Chemicals And Materials 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 30.00 Cr and a paid-up capital of Rs 22.46 Cr.

The company currently has active open charges totaling ₹320.00 Cr. The company has closed loans amounting to ₹6.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shakun Polymers Private Limited India are Ritvighya Bansal as CFO and Amish Sheth as Company Secretary. Rajesh Bansal, Randhirsinh Chauhan, and Gautam Nivarthy serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shakunpolymers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1995PTC025304

  • Company No.

    025304

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 1995

  • Date of AGM

    15 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Shakun Polymers Private Limited offer?

Shakun Polymers Private Limited offers a wide range of products and services, including PVC Plastic Granule, PVC Compounds, PET Granules & Plastic Raw Material, TPR Granules, Electrical Cables & Wires, House Wire.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Ritvighya Bansal CFO02-Apr-2018Current
Amish Sheth Company Secretary20-Jan-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Rajesh Bansal Country flag representing In Whole-Time Director 02-Jan-1996Current
Randhirsinh Chauhan Country flag representing In Director 06-Jul-2023Current
Gautam Nivarthy Country flag representing Us Director 22-Jun-2021Current

Financial Performance of Shakun Polymers.

Shakun Polymers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 60.53% increase. The company also saw a substantial improvement in profitability, with a 96.97% increase in profit. The company's net worth Soared by an impressive increase of 64.63%.

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
60.53%
Revenue from Operations
56.13%
Total Assets
31.90%
Profit or Loss
96.97%
Net Worth
64.63%
EBITDA
44.44%

What is the Ownership and Shareholding Structure of Shakun Polymers?

In 2022, Shakun Polymers had a promoter holding of 79.05% and a public holding of 20.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹320.00 Cr

Satisfied Charges

₹6.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 320.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2006Others₹160.00 CrOpen
22 Jun 2005Others₹160.00 CrOpen
10 Jul 2000Bank Of Baroda₹6.70 CrSatisfied

How Many Employees Work at Shakun Polymers?

Shakun Polymers has a workforce of 269 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shakun 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 Shakun 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 Shakun Polymers

Recent activity within the organization

  • Annual General Meeting

    Shakun Polymers Private Limited last Annual general meeting of members was held on 15 May 2024 as per latest MCA records.

    15 May 2024

  • Balance Sheet

    Shakun Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Randhirsinh Abasinh Chauhan was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .

    06 Jul 2023

  • Charges

    A charge with Others of Rs. 160.00 Cr registered on 02 Sep 2006 with Charge ID 10017708 was modified on 08 Sep 2022.

    08 Sep 2022

  • Charges

    A charge with Others of Rs. 160.00 Cr registered on 22 Jun 2005 with Charge ID 90101121 was modified on 08 Sep 2022.

    08 Sep 2022

  • Director Appointment

    Gautam Satyamurthy Nivarthy was appointed as a Director was appointed as a Director on 22 Jun 2021 & has been associated with this company since 3 years 8 months .

    22 Jun 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Shakun Polymers Private Limited was incorporated on 03 Apr 1995.

  • The authorized share capital of Shakun Polymers Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 22.46 Cr.

  • Currently 5 directors are associated with Shakun Polymers Private Limited.

    • Rajesh Dhanraj Bansal
    • Randhirsinh Abasinh Chauhan
    • Gautam Satyamurthy Nivarthy
    • Ritvighya Rajesh Bansal
    • Amish Maheshchandra Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shakun Polymers Private Limited is 501-504 Iscon Heights Atria-2 Opp Energy Training Research Institute, Gotri Roa D India, Vadodara, Gujarat, 390021.

  • The corporate identification number (CIN) of Shakun Polymers Private Limited is U17119GJ1995PTC025304 and the company number is 025304 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shakun Polymers Private Limited is https://www.shakunpolymers.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shakun Polymers Private Limited has risen by 60.53%.

  • As Per 2022 financial reports, 269 employees are currently employed by Shakun Polymers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shakun Polymers Private Limited has experienced an upsurge of 64.63%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shakun Polymers Private Limited amount to ₹ 320.00 Cr.

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

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