Suresh Polymers Pvt Ltd

Manufacturer of flexible packaging materials and distributor of specialty packaging films.

1992 | Nagpur, Maharashtra (India) | Active
Last Updated: June 20, 2024

Suresh Polymers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 32 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 2.12 Cr
  • Revenue Growth 39.42%
  • Profit Growth -30.67%
  • Ebitda 35.72%
  • Net Worth 4.31%
  • Total Assets 26.43%

About Suresh Polymers

Suresh Polymers Pvt Ltd (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 June 1992 and has a history of 32 years and eight months. Its registered office is in Nagpur, Maharashtra, 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹2.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dilipkumar Gandhi, Vibha Gandhi, Sureshkumar Gandhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sme.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1992PTC067280

  • Company No.

    067280

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Suresh Polymers Pvt Ltd offer?

Suresh Polymers Pvt Ltd offers a wide range of products and services, including Pillow Pouches, Incense Stick Pouch, Insulators & Insulation Materials, Electrical Insulation Sleeving, Shrink Wrap, PVC Shrink Sleeve, Plastic Zip Bag, Zipper Pouches, Food Packaging Bag, Spices Packaging Bags.

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

Board Members (4)

NameDesignationAppointment DateStatus
Sureshkumar Gandhi Country flag representing In Director 17-Jun-1992Current
Dilipkumar Gandhi Country flag representing In Director 10-Aug-2015Current
Vibha Gandhi Country flag representing In Director 15-Mar-1996Current
Usha Gandhi Country flag representing In Director 10-Aug-2015Current

Financial Performance of Suresh Polymers.

Suresh Polymers Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 39.42% increase. The company also saw a substantial fall in profitability, with a 30.67% decrease in profit. The company's net worth moved up by a moderate rise of 4.31%.

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
39.42%
Revenue from Operations
39.63%
Total Assets
26.43%
Profit or Loss
-30.67%
Net Worth
4.31%
EBITDA
35.72%

What is the Ownership and Shareholding Structure of Suresh Polymers?

In 2023, Suresh Polymers had a promoter holding of 100.00%. 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

₹25.00 M

Satisfied Charges

₹21.18 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2010Axis Bank Limited₹2.50 CrOpen
19 May 1995State Bank Of India₹3.50 MSatisfied
14 Dec 1993Maharashtra State Financial Corporation₹3.00 MSatisfied
29 Sep 1993State Bank Of India₹3.50 MSatisfied
28 Sep 1993State Bank Of India₹1.12 CrSatisfied

How Many Employees Work at Suresh Polymers?

Suresh Polymers has a workforce of 9 employees as of May 07, 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 Suresh 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 Suresh 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 Suresh Polymers

Recent activity within the organization

  • Annual General Meeting

    Suresh Polymers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Suresh Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Dilipkumar Tarachand Gandhi was appointed as a Director was appointed as a Director on 10 Aug 2015 & has been associated with this company since 9 years 6 months .

    10 Aug 2015

  • Director Appointment

    Usha Dilipkumar Gandhi was appointed as a Director was appointed as a Director on 10 Aug 2015 & has been associated with this company since 9 years 6 months .

    10 Aug 2015

  • Charges

    A charge with Axis Bank Limited of Rs. 25.00 M registered on 18 Mar 2010 with Charge ID 10210805 was modified on 30 Nov 2013.

    30 Nov 2013

  • Charges

    A charge registered on 19 May 1995 via Charge ID 90184012 with State Bank Of India was fully satisfied on 01 Feb 2011.

    01 Feb 2011

Frequently asked questions

  • Suresh Polymers Pvt Ltd was incorporated on 17 Jun 1992.

  • The authorized share capital of Suresh Polymers Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Suresh Polymers Pvt Ltd.

    • Dilipkumar Tarachand Gandhi
    • Vibha Sureshkumar Gandhi
    • Sureshkumar Tarachand Gandhi
    • Usha Dilipkumar Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suresh Polymers Pvt Ltd is U-145 Midc Industrial Estatehingna Road, Nagpur, Maharashtra, India, 440016.

  • The corporate identification number (CIN) of Suresh Polymers Pvt Ltd is U25209MH1992PTC067280 and the company number is 067280 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suresh Polymers Pvt Ltd is https://www.sme.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Suresh Polymers Pvt Ltd has risen by 39.42%.

  • As Per 2023 financial reports, 9 employees are currently employed by Suresh Polymers Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Suresh Polymers Pvt Ltd has experienced an upsurge of 4.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Suresh Polymers Pvt Ltd amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Suresh Polymers Pvt Ltd was filed with the ROC on 31 Mar 2023.