

Styrenix Performance Materials Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 17.59 Cr
- Company Age 51 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 652.16 Cr
- Satisfied Charges ₹ 287.96 Cr
- Revenue Growth 33.34%
- Profit Growth 15.11%
- Ebitda 14.71%
- Net Worth -3.64%
- Total Assets -6.20%
About Styrenix Performance Materials
Styrenix Performance Materials Limited (SPML) was founded in India on 07 December 1973 and has a glorious history of 51 years and three months. Its registered office is in Vadodara, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506222 and on the National Stock Exchange(NSE) under INEOSSTYRO.
The Corporate was formerly known as Ineos Abs (India) Limited. 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 50.00 Cr and a paid-up capital of Rs 17.59 Cr.
The company currently has active open charges totaling ₹652.16 Cr. The company has closed loans amounting to ₹287.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Styrenix Performance Materials Limited India are Bhupesh Porwal as CFO and Chintankumar Doshi as Company Secretary. Taneja Premkumar, Vishal Agrawal, Rakesh Agrawal, and Five other members serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L25200GJ1973PLC002436
- Company No.
002436
- Stock Symbol
BSE : 506222 NSE : INEOSSTYRO
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Dec 1973
- Date of AGM
21 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Styrenix Performance Materials Limited offer?
Styrenix Performance Materials Limited offers a wide range of products and services, including Organic Compounds, Acrylonitrile, Indoor Plants, Decorative Plant, Natural and Synthetic Resins, Resins, Plastic Resins.
Who are the key members and board of directors at Styrenix Performance Materials?
Executive Team (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rahul Agrawal ![]() | Managing Director | 17-Nov-2022 | Current |
Bhupesh Porwal ![]() | CFO | Current | |
Vishal Agrawal ![]() | Managing Director | 17-Nov-2022 | Current |
Chintankumar Doshi | Company Secretary | 28-Dec-2023 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Taneja Premkumar ![]() | Director | 17-Nov-2022 | Current |
Milin Mehta ![]() | Director | 17-Nov-2022 | Current |
Ravishankar Kompalli ![]() | Whole-Time Director | 17-Nov-2022 | Current |
Rakesh Agrawal ![]() | Whole-Time Director | 17-Nov-2022 | Current |
Radhika Nath ![]() | Director | 05-Jan-2023 | Current |
Parameswaran Prasad ![]() | Director | 04-Jan-2023 | Current |
Financial Performance of Styrenix Performance Materials.
Styrenix Performance Materials Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.34% increase. The company also saw a substantial improvement in profitability, with a 15.11% increase in profit. The company's net worth dipped by a decrease of 3.64%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
What is the Ownership and Shareholding Structure of Styrenix Performance Materials?
In 2023, Styrenix Performance Materials had a promoter holding of 62.73% and a public holding of 37.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Shiva Performance Speciality Private Limited
Vishal Agrawal, Rakesh Agrawal and 1 more are mutual person
- Shiva Performance Solutions Private Limited
Vishal Agrawal, Rakesh Agrawal and 1 more are mutual person
- Shiva Performance Materials Private Limited
Vishal Agrawal, Rakesh Agrawal and 1 more are mutual person
- Ses Engineering Private Limited
Vishal Agrawal, Rakesh Agrawal and 1 more are mutual person
- Gujarat Power Corporation Limited
Taneja Premkumar is a mutual person
- Gujarat Life Sciences Private Limited
Milin Mehta is a mutual person
Charges (Loans)
₹652.16 Cr
₹287.96 Cr
Charges Breakdown by Lending Institutions
- Others : 330.00 Cr
- Hdfc Bank Limited : 250.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 70.00 Cr
- Idbi Bank Limited : 0.82 Cr
- Industrial Finance Corporation Of India Limited : 0.52 Cr
- Others : 0.82 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
05 Jun 2023 | Others | ₹200.00 Cr | Open |
24 Mar 2023 | Hdfc Bank Limited | ₹250.00 Cr | Open |
22 Feb 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹70.00 Cr | Open |
27 Jan 2017 | Others | ₹130.00 Cr | Open |
27 Dec 1989 | Idbi Bank Limited | ₹8.00 M | Open |
How Many Employees Work at Styrenix Performance Materials?
Styrenix Performance Materials has a workforce of 461 employees as of Apr 04, 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Styrenix Performance Materials, 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 Styrenix Performance Materials's trajectory.
Rating

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

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 Styrenix Performance Materials
Recent activity within the organization
- Annual General Meeting
Styrenix Performance Materials Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.
- Balance Sheet
Styrenix Performance Materials Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Chintankumar Sureshchandra Doshi was appointed as a Company Secretary was appointed as a Company Secretary on 28 Dec 2023 & has been associated with this company since 1 year 2 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 250.00 Cr registered on 24 Mar 2023 with Charge ID 100699365 was modified on 07 Jul 2023.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 70.00 Cr registered on 22 Feb 2022 with Charge ID 100544457 was modified on 04 Jul 2023.
- Charges
A charge with Others of Rs. 130.00 Cr registered on 27 Jan 2017 with Charge ID 100077083 was modified on 06 Jun 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Styrenix Performance Materials Limited?
Styrenix Performance Materials Limited was incorporated on 07 Dec 1973.
What is authorized share capital and paid-up capital of Styrenix Performance Materials Limited?
The authorized share capital of Styrenix Performance Materials Limited is ₹ 50.00 Cr and paid-up capital is ₹ 17.59 Cr.
Who are the current board members & directors of Styrenix Performance Materials Limited?
Currently 10 directors are associated with Styrenix Performance Materials Limited.
- Taneja Premkumar
- Vishal Rakesh Agrawal
- Rakesh Shivbhagwan Agrawal
- Rahul Rakesh Agrawal
- Milin Kaimas Mehta
- Radhika Nath
- Ravishankar Balakoteswararao Kompalli
- Parameswaran Pillai Naga Prasad
- Bhupesh Parmeshwar Porwal
- Chintankumar Sureshchandra Doshi
What is the registered address of Styrenix Performance Materials Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Styrenix Performance Materials Limited is 9Th Floor Shiva Sarabhai Complex Dr. Vikram Marg Vadiwadi, India, Vadodara, Gujarat, 390023.
What is the corporate identification number (CIN) and company number of Styrenix Performance Materials Limited?
The corporate identification number (CIN) of Styrenix Performance Materials Limited is L25200GJ1973PLC002436 and the company number is 002436 as per Ministry of Corporate Affairs (MCA).
Is Styrenix Performance Materials Limited registered with any stock exchange in India?
Yes, Styrenix Performance Materials Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): INEOSSTYRO.
What is the official website of Styrenix Performance Materials Limited?
The Official website of Styrenix Performance Materials Limited is https://www.styrenix.com
What has been the recent revenue trend for Styrenix Performance Materials Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Styrenix Performance Materials Limited has risen by 33.34%.
How many employees does Styrenix Performance Materials Limited currently have?
As Per 2022 financial reports, 461 employees are currently employed by Styrenix Performance Materials Limited.
What change has been observed in the net worth of Styrenix Performance Materials Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Styrenix Performance Materials Limited has experienced an downturn of -3.64%.
What are the total open charges for Styrenix Performance Materials Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Styrenix Performance Materials Limited amount to ₹ 652.16 Cr.
When was the last Balance Sheet of Styrenix Performance Materials Limited filed with the ROC?
The most recent Balance Sheet for Styrenix Performance Materials Limited was filed with the ROC on 31 Mar 2024.
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
- Vinesh SadekarDirector
- Venkatesh SankaranDirector
- Sharad KulkarniDirector
- Sanjiv VasudevaManaging Director and Ceo(Kmp)
- Sanjeev MadanWholetime Director and Cfo(Kmp)
- Sandra MartyresDirector
- Jal PatelDirector
- Bhupesh PorwalDirector