Sonali Polymers Private Limited

Produces plastic master batch, additives, compounds, and other related materials for various industries.

2005 | Jaipur, Rajasthan (India) | Active
Last Updated: November 16, 2024

Sonali Polymers Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.62 Cr
  • Satisfied Charges ₹ 31.95 Cr
  • Revenue Growth 13.53%
  • Profit Growth -21.27%
  • Ebitda -3.18%
  • Net Worth 12.40%
  • Total Assets 14.32%

About Sonali Polymers

Sonali Polymers Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 2005 and has a history of 19 years and ten months. Its registered office is in Jaipur, Rajasthan.

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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹45.62 Cr. The company has closed loans amounting to ₹31.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Bajaj, Balkrishna Bajaj, Bharat Bajaj, and One other member serve as directors at the Company.

Company Details

  • Location Jaipur, Rajasthan
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sonaligroup.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25191RJ2005PTC020546

  • Company No.

    020546

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

What products or services does Sonali Polymers Private Limited offer?

Sonali Polymers Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Additive Masterbatches, Body Fillers, Tiles Joint Filler, Optical Brightener Masterbatch, Masterbatches, Special Effect Masterbatch, Adhesives, Glue and Sealants.

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

Board Members (4)

NameDesignationAppointment DateStatus
Balkrishna Bajaj Country flag representing In Director 02-Apr-2012Current
Suresh Bajaj Country flag representing In Director 07-Apr-2005Current
Bharat Bajaj Additional Director 11-Oct-2024Current
Sushila Bajaj Country flag representing In Director 28-Sep-2011Current

Financial Performance of Sonali Polymers.

Sonali Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.53% increase. The company also saw a substantial fall in profitability, with a 21.27% decrease in profit. The company's net worth Soared by an impressive increase of 12.4%.

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
13.53%
Revenue from Operations
13.55%
Total Assets
14.32%
Profit or Loss
-21.27%
Net Worth
12.40%
EBITDA
-3.18%

What is the Ownership and Shareholding Structure of Sonali Polymers?

In 2023, Sonali Polymers had a promoter holding of 15.33% and a public holding of 84.66%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹456.18 M

Satisfied Charges

₹319.46 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 44.27 Cr
  • Others : 1.35 Cr

Latest Charge Details

DateLenderAmountStatus
16 Apr 2024Hdfc Bank Limited₹19.88 CrOpen
15 Mar 2024Others₹1.35 CrOpen
18 Jun 2022Hdfc Bank Limited₹3.78 MOpen
29 Aug 2019Hdfc Bank Limited₹14.67 CrOpen
29 Aug 2019Hdfc Bank Limited₹9.34 CrOpen

How Many Employees Work at Sonali Polymers?

Sonali Polymers has a workforce of 24 employees as of Apr 01, 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 Sonali 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 Sonali 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 Sonali Polymers

Recent activity within the organization

  • Director Appointment

    Bharat Bajaj was appointed as a Additional Director was appointed as a Additional Director on 11 Oct 2024 & has been associated with this company since 4 months 14 days .

    11 Oct 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 198.80 M with Charge ID 100900680 was registered on 16 Apr 2024.

    16 Apr 2024

  • Charges

    A charge registered on 27 Mar 2019 via Charge ID 100271200 with Others was fully satisfied on 01 Apr 2024.

    01 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 13.50 M with Charge ID 100884433 was registered on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 146.66 M registered on 29 Aug 2019 with Charge ID 100295423 was modified on 18 Oct 2023.

    18 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

Frequently asked questions

  • Sonali Polymers Private Limited was incorporated on 07 Apr 2005.

  • The authorized share capital of Sonali Polymers Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Currently 4 directors are associated with Sonali Polymers Private Limited.

    • Suresh Kumar Bajaj
    • Balkrishna Bajaj
    • Bharat Bajaj
    • Sushila Devi Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sonali Polymers Private Limited is 1/17 Ricco Ind.Area Bassi, India, Jaipur, Rajasthan.

  • The corporate identification number (CIN) of Sonali Polymers Private Limited is U25191RJ2005PTC020546 and the company number is 020546 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sonali Polymers Private Limited is https://www.sonaligroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sonali Polymers Private Limited has risen by 13.53%.

  • As Per 2023 financial reports, 24 employees are currently employed by Sonali Polymers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sonali Polymers Private Limited has experienced an upsurge of 12.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sonali Polymers Private Limited amount to ₹ 45.62 Cr.

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

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