Shrushi Polymers Private Limited

Manufacturer of packaging material, including thermocol sheets, boxes, and pipes under brand name Shrushi's Superpack.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 03, 2025

Shrushi Polymers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.85 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.20 Cr
  • Satisfied Charges ₹ 2.24 Cr
  • Revenue Growth 56.08%
  • Profit Growth -27.79%
  • Ebitda -1.54%
  • Net Worth 12.39%
  • Total Assets 25.33%

About Shrushi Polymers

Shrushi Polymers Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 August 1995 and has a history of 29 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.85 M.

The company currently has active open charges totaling ₹4.20 Cr. The company has closed loans amounting to ₹2.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harish Valacha, Kumar Valecha, and Sharmistha Valecha serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120GJ1995PTC027095

  • Company No.

    027095

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Shrushi Polymers Private Limited offer?

Shrushi Polymers Private Limited offers a wide range of products and services, including Packaging Pouches & Envelopes, Packaging Envelopes, Packaging Boxes, Cardboard Packaging Box, Corrugated Packaging Boxes, Protective Packing Materials, Protective Packaging, Insulators & Insulation Materials, Insulation Sheets, Thermocol.

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

Board Members (3)

Name Designation Appointment Date Status
Harish Valacha Country flag representing In Director 14-Aug-1995 Current
Kumar Valecha Country flag representing In Director 24-Apr-2008 Current
Sharmistha Valecha Country flag representing In Director 01-Dec-2017 Current

Financial Performance of Shrushi Polymers.

Shrushi Polymers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 56.08% increase. The company also saw a substantial fall in profitability, with a 27.79% decrease in profit. The company's net worth Soared by an impressive increase of 12.39%.

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
56.08%
Revenue from Operations
54.65%
Total Assets
25.33%
Profit or Loss
-27.79%
Net Worth
12.39%
EBITDA
-1.54%

What is the Ownership and Shareholding Structure of Shrushi Polymers?

In 2020, Shrushi 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.03 M

Satisfied Charges

₹22.37 M

Charges Breakdown by Lending Institutions

  • Others : 4.20 Cr

Latest Charge Details

Date Lender Amount Status
03 Dec 2018 Others ₹4.20 Cr Open
01 Dec 2022 Others ₹1.30 M Satisfied
03 Jul 2020 Others ₹1.85 M Satisfied
14 Dec 2015 The Bhagyodaya Co Operative Bank Limited ₹1.00 M Satisfied
17 Apr 2012 The Bhagyodaya Co-Op. Bank Ltd. ₹0.70 M Satisfied

How Many Employees Work at Shrushi Polymers?

Shrushi Polymers has a workforce of 17 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 01 Dec 2022 via Charge ID 100647715 with Others was fully satisfied on 25 Jul 2023.

    25 Jul 2023

  • Charges

    A charge registered on 03 Jul 2020 via Charge ID 100354158 with Others was fully satisfied on 07 Mar 2023.

    07 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.30 M with Charge ID 100647715 was registered on 01 Dec 2022.

    01 Dec 2022

  • Charges

    A charge with Others of Rs. 42.03 M registered on 03 Dec 2018 with Charge ID 100225137 was modified on 31 Mar 2022.

    31 Mar 2022

Frequently asked questions

  • Shrushi Polymers Private Limited was incorporated on 14 Aug 1995.

  • The authorized share capital of Shrushi Polymers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.85 M.

  • Currently 3 directors are associated with Shrushi Polymers Private Limited.

    • Harish Jethanand Valacha
    • Kumar Nandlal Valecha
    • Sharmistha Nandlal Valecha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shrushi Polymers Private Limited is 5-6 Akar Complex Darpanpanch Rasta Navrangpura India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Shrushi Polymers Private Limited is U67120GJ1995PTC027095 and the company number is 027095 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shrushi Polymers Private Limited is https://www.shrushipolymers.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Shrushi Polymers Private Limited has risen by 56.08%.

  • As Per 2022 financial reports, 17 employees are currently employed by Shrushi Polymers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Shrushi Polymers Private Limited has experienced an upsurge of 12.39%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Shrushi Polymers Private Limited amount to ₹ 4.20 Cr.

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

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