Suchit Polyshrink Private Limited

Produces PVC and LLDEP films for various labels and packaging purposes.

2003 | Surat, Gujarat (India) | Active
Last Updated: January 04, 2025

Suchit Polyshrink Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.80 M
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.84 Cr
  • Satisfied Charges ₹ 12.02 Cr
  • Revenue Growth -13.81%
  • Profit Growth -192.23%
  • Ebitda -1432.21%
  • Net Worth -69.84%
  • Total Assets 7.49%

About Suchit Polyshrink

Suchit Polyshrink Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2003 and has a history of 21 years and six months. Its registered office is in Surat, 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 5.00 M and a paid-up capital of Rs 3.80 M.

The company currently has active open charges totaling ₹1.84 Cr. The company has closed loans amounting to ₹12.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Iyer, Chitralekha Iyer, and Venkataraman Iyer serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    suchitpolyshrink.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ2003PTC042769

  • Company No.

    042769

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2003

  • 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 Suchit Polyshrink Private Limited offer?

Suchit Polyshrink Private Limited offers a wide range of products and services, including Packaging Films & Foils, Plastic Film, Shrink Wrap, Labels: Adhesive, Fabric & Metal, Labels, Barcode, Stickers & Luggage Tags, Stickers, PVC Film.

Who are the key members and board of directors at Suchit Polyshrink?

Board Members (3)

NameDesignationAppointment DateStatus
Suresh Iyer Country flag representing In Director 28-Aug-2003Current
Chitralekha Iyer Country flag representing In Director 28-Aug-2003Current
Venkataraman Iyer Country flag representing In Director 28-Aug-2003Current

Financial Performance of Suchit Polyshrink.

Suchit Polyshrink Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.81% decrease. The company also saw a substantial fall in profitability, with a 192.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 69.84%.

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
-13.81%
Revenue from Operations
-12.29%
Total Assets
7.49%
Profit or Loss
-192.23%
Net Worth
-69.84%
EBITDA
-1432.21%

What is the Ownership and Shareholding Structure of Suchit Polyshrink?

In 2021, Suchit Polyshrink 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

₹18.40 M

Satisfied Charges

₹120.22 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 1.84 Cr

Latest Charge Details

DateLenderAmountStatus
08 Dec 2023Yes Bank Limited₹1.84 CrOpen
19 Jun 2015Hdfc Bank Limited₹2.27 CrSatisfied
13 Jul 2013The Sutex Co-Operative Bank Ltd.₹3.00 MSatisfied
12 Oct 2009The Sutex Co-Operative Bank Ltd.₹6.60 MSatisfied
12 Oct 2009Sutex Co-Operative Bank Limited₹2.67 CrSatisfied

How Many Employees Work at Suchit Polyshrink?

Unlock and access historical data on people associated with Suchit Polyshrink, 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 Suchit Polyshrink, 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 Suchit Polyshrink'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 Suchit Polyshrink

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 18.40 M with Charge ID 100832300 was registered on 08 Dec 2023.

    08 Dec 2023

  • Charges

    A charge registered on 19 Jun 2015 via Charge ID 10580289 with Hdfc Bank Limited was fully satisfied on 18 Nov 2023.

    18 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 22.66 M registered on 19 Jun 2015 with Charge ID 10580289 was modified on 14 Jun 2021.

    14 Jun 2021

  • Charges

    A charge registered on 13 Jul 2013 via Charge ID 10439921 with The Sutex Co-Operative Bank Ltd. was fully satisfied on 28 Sep 2015.

    28 Sep 2015

Frequently asked questions

  • Suchit Polyshrink Private Limited was incorporated on 19 Aug 2003.

  • The authorized share capital of Suchit Polyshrink Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.80 M.

  • Currently 3 directors are associated with Suchit Polyshrink Private Limited.

    • Suresh Venkatraman Iyer
    • Chitralekha Suresh Iyer
    • Venkataraman Subramaniam Iyer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suchit Polyshrink Private Limited is Plot No. 42 43 Bhatpore Gidc Near Gali Township Bhatpore, India, Surat, Gujarat, 394510.

  • The corporate identification number (CIN) of Suchit Polyshrink Private Limited is U25209GJ2003PTC042769 and the company number is 042769 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suchit Polyshrink Private Limited is https://www.suchitpolyshrink.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Suchit Polyshrink Private Limited has fallen by -13.81%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Suchit Polyshrink Private Limited has experienced an downturn of -69.84%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Suchit Polyshrink Private Limited amount to ₹ 1.84 Cr.

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