Vaigai Polymers Private Limited

Produces plastic and rubber products such as bottle caps, jars, and food storage containers.

1993 | Madurai, Tamil Nadu (India) | Active
Last Updated: December 24, 2024

Vaigai Polymers Profile

Key Indicators

  • Authorised Capital ₹ 1.60 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.64 Cr
  • Satisfied Charges ₹ 8.36 M
  • Revenue Growth 77.14%
  • Profit Growth 23.72%
  • Ebitda 12.62%
  • Net Worth -12.21%
  • Total Assets -14.92%

About Vaigai Polymers

Vaigai Polymers Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 November 1993 and has a history of 31 years and two months. Its registered office is in Madurai, Tamil Nadu, India.

The Corporate was formerly known as Jayaprakash Hosieries Private 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 1.60 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹1.64 Cr. The company has closed loans amounting to ₹8.36 M, as per Ministry of Corporate Affairs (MCA) records.

Subbiah Jayaprakash and Jayaprakash Suchithraa serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1993PTC026260

  • Company No.

    026260

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Vaigai Polymers Private Limited offer?

Vaigai Polymers Private Limited offers a wide range of products and services, including Food Storage Boxes & Containers, Kitchen Jar, Plastic Containers & Bottles, Plastic Jars, Water Bottle, Plastic Water Bottle, Packaging Jar, Confectionery Plastic Jars, Plastic Bottles, PET Jars.

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

Executive Team (1)

Name Designation Appointment Date Status
Subbiah Jayaprakash Country flag representing In Managing Director 30-Sep-1998 Current

Board Members (1)

Name Designation Appointment Date Status
Jayaprakash Suchithraa Country flag representing In Director 06-Jan-2010 Current

Financial Performance of Vaigai Polymers.

Vaigai Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.14% increase. The company also saw a substantial improvement in profitability, with a 23.72% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.21%.

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
77.14%
Revenue from Operations
78.29%
Total Assets
-14.92%
Profit or Loss
23.72%
Net Worth
-12.21%
EBITDA
12.62%

What is the Ownership and Shareholding Structure of Vaigai Polymers?

Unlock access to Vaigai Polymers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.38 M

Satisfied Charges

₹8.36 M

Charges Breakdown by Lending Institutions

  • Others : 1.49 Cr
  • The South Indian Bank Limited : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
16 Jul 2024 Others ₹1.50 M Open
27 May 2024 Others ₹2.00 M Open
28 Mar 2024 Others ₹4.00 M Open
20 Feb 2024 Others ₹2.50 M Open
06 Dec 2023 The South Indian Bank Limited ₹1.50 M Open

How Many Employees Work at Vaigai Polymers?

Unlock and access historical data on people associated with Vaigai Polymers, 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 Vaigai 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 Vaigai 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 Vaigai Polymers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 1.50 M with Charge ID 100956046 was registered on 16 Jul 2024.

    16 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100934171 was registered on 27 May 2024.

    27 May 2024

  • Balance Sheet

    Vaigai Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100894179 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100876446 was registered on 20 Feb 2024.

    20 Feb 2024

Frequently asked questions

  • Vaigai Polymers Private Limited was incorporated on 24 Nov 1993.

  • The authorized share capital of Vaigai Polymers Private Limited is ₹ 1.60 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Vaigai Polymers Private Limited.

    • Subbiah Jayaprakash
    • Jayaprakash Suchithraa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vaigai Polymers Private Limited is 120 Mania Sidco Industrialestate, Variciyur Post Madurai India, 625020, Tamil Nadu.

  • The corporate identification number (CIN) of Vaigai Polymers Private Limited is U17111TN1993PTC026260 and the company number is 026260 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vaigai Polymers Private Limited is https://www.vaigai-polymers-private-limited.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vaigai Polymers Private Limited has risen by 77.14%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vaigai Polymers Private Limited has experienced an downturn of -12.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vaigai Polymers Private Limited amount to ₹ 1.64 Cr.

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

Similar Companies Based on Plastic-Based Products