Sidharth Polysacks Private Limited

Manufactures PP and HDPE woven sacks for cement manufacturers with a plant in Rajasthan.

1999 | Tonk, Rajasthan (India) | Active
Last Updated: October 23, 2024

Sidharth Polysacks Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.10 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.56 Cr
  • Satisfied Charges ₹ 60.80 Cr
  • Revenue Growth -13.74%
  • Profit Growth -77.35%
  • Ebitda -54.86%
  • Net Worth 4.74%
  • Total Assets -6.27%

About Sidharth Polysacks

Sidharth Polysacks Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 March 1999 and has a history of 25 years and 11 months. Its registered office is in Tonk, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 4.10 Cr.

The company currently has active open charges totaling ₹42.56 Cr. The company has closed loans amounting to ₹60.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mukesh Goyal, Biren Patel, Sanjay Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Tonk, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    alliancepolysacks.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15437RJ1999PTC015437

  • Company No.

    015437

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Packaging

Who are the key members and board of directors at Sidharth Polysacks?

Board Members (4)

NameDesignationAppointment DateStatus
Mukesh Goyal Country flag representing In Director 31-Mar-2021Current
Biren Patel Country flag representing In Director 10-Jul-2023Current
Sanjay Jain Country flag representing In Director 13-Nov-1999Current
Shagun Jain Country flag representing In Director 29-Mar-2024Current

Financial Performance of Sidharth Polysacks.

Sidharth Polysacks Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.74% decrease. The company also saw a substantial fall in profitability, with a 77.35% decrease in profit. The company's net worth moved up by a moderate rise of 4.74%.

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
-13.74%
Revenue from Operations
-12.82%
Total Assets
-6.27%
Profit or Loss
-77.35%
Net Worth
4.74%
EBITDA
-54.86%

What is the Ownership and Shareholding Structure of Sidharth Polysacks?

In 2023, Sidharth Polysacks had a promoter holding of 52.36% and a public holding of 47.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.56 Cr

Satisfied Charges

₹60.80 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 42.56 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2006State Bank Of India₹42.56 CrOpen
30 May 2020State Bank Of India₹4.42 CrSatisfied
21 Jul 2015State Bank Of Bikaner And Jaipur₹20.00 CrSatisfied
26 May 2010State Bank Of Bikaner And Jaipur₹0.48 MSatisfied
26 Sep 2009State Bank Of Bikaner & Jaipur₹2.00 CrSatisfied

How Many Employees Work at Sidharth Polysacks?

Unlock and access historical data on people associated with Sidharth Polysacks, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sidharth Polysacks, 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 Sidharth Polysacks'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 Sidharth Polysacks

Recent activity within the organization

  • Director Appointment

    Shagun Jain was appointed as a Director was appointed as a Director on 29 Mar 2024 & has been associated with this company since 10 months 26 days .

    29 Mar 2024

  • Charges

    A charge registered on 21 Jul 2015 via Charge ID 10584864 with State Bank Of Bikaner And Jaipur was fully satisfied on 07 Mar 2024.

    07 Mar 2024

  • Annual General Meeting

    Sidharth Polysacks Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Biren Anilbhai Patel was appointed as a Director was appointed as a Director on 10 Jul 2023 & has been associated with this company since 1 year 7 months .

    10 Jul 2023

  • Charges

    A charge registered on 30 May 2020 via Charge ID 100339614 with State Bank Of India was fully satisfied on 04 Apr 2023.

    04 Apr 2023

  • Balance Sheet

    Sidharth Polysacks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

    31 Mar 2023

Frequently asked questions

  • Sidharth Polysacks Private Limited was incorporated on 09 Mar 1999.

  • The authorized share capital of Sidharth Polysacks Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.10 Cr.

  • Currently 4 directors are associated with Sidharth Polysacks Private Limited.

    • Mukesh Kumar Goyal
    • Biren Anilbhai Patel
    • Sanjay Jain
    • Shagun Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sidharth Polysacks Private Limited is F1-F4 G17-G20 Iid Centre Riico Industrial Area, Newai India, Tonk, Rajasthan, 304021.

  • The corporate identification number (CIN) of Sidharth Polysacks Private Limited is U15437RJ1999PTC015437 and the company number is 015437 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sidharth Polysacks Private Limited is https://www.alliancepolysacks.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sidharth Polysacks Private Limited has fallen by -13.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sidharth Polysacks Private Limited has experienced an upsurge of 4.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sidharth Polysacks Private Limited amount to ₹ 42.56 Cr.

  • The most recent Balance Sheet for Sidharth Polysacks Private Limited was filed with the ROC on 31 Mar 2023.

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