Vinit Performance Polymers Pvt Ltd

Manufactures high-quality plastic stock shapes and custom components for various industries.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: July 04, 2024

Vinit Performance Polymers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 32 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.31 Cr
  • Satisfied Charges ₹ 3.34 M
  • Revenue Growth 18.97%
  • Profit Growth 1230.15%
  • Ebitda 72.02%
  • Net Worth 23.80%
  • Total Assets 12.97%

About Vinit Performance Polymers

Vinit Performance Polymers Pvt Ltd (VPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 October 1992 and has a history of 32 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 2.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.31 Cr. The company has closed loans amounting to ₹3.34 M, as per Ministry of Corporate Affairs (MCA) records.

Nanji Bheda and Hiten Bheda serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polymatindia.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1992PTC068859

  • Company No.

    068859

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 1992

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Vinit Performance Polymers Pvt Ltd offer?

Vinit Performance Polymers Pvt Ltd offers a wide range of products and services, including Plastic, PVC & PP Products, Plastic Rods, PVC, FRP, HDPE & Other Plastic Pipes, Industrial Plastic Pipes, Industrial Nylon Pipe, PVC, LDPE, HDPE & Plastic Sheets, Polyethylene Sheet, Seals, Oil Seals & Industrial Seals, Retaining Rings, Teflon Sheets.

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

Board Members (2)

NameDesignationAppointment DateStatus
Hiten Bheda Country flag representing In Director 01-Oct-1992Current
Nanji Bheda Country flag representing In Director 01-Oct-1992Current

Financial Performance of Vinit Performance Polymers.

Vinit Performance Polymers Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 18.97% increase. The company also saw a substantial improvement in profitability, with a 1230.15% increase in profit. The company's net worth Soared by an impressive increase of 23.8%.

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
18.97%
Revenue from Operations
19.45%
Total Assets
12.97%
Profit or Loss
1230.15%
Net Worth
23.80%
EBITDA
72.02%

What is the Ownership and Shareholding Structure of Vinit Performance Polymers?

In 2023, Vinit Performance Polymers 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

₹23.12 M

Satisfied Charges

₹3.34 M

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 1.94 Cr
  • Others : 0.20 Cr
  • Sidbi : 0.17 Cr

Latest Charge Details

DateLenderAmountStatus
11 Nov 2020Sidbi₹1.72 MOpen
01 Feb 2019Others₹2.00 MOpen
05 Apr 2014Union Bank Of India₹5.20 MOpen
25 Jul 2008Union Bank Of India₹9.70 MOpen
03 Jul 2008Union Bank Of India₹4.50 MOpen

How Many Employees Work at Vinit Performance Polymers?

Vinit Performance Polymers has a workforce of 14 employees as of Apr 06, 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 Vinit Performance 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 Vinit Performance 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 Vinit Performance Polymers

Recent activity within the organization

  • Annual General Meeting

    Vinit Performance Polymers Pvt Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 1.72 M with Charge ID 100384986 was registered on 11 Nov 2020.

    11 Nov 2020

  • Charges

    A charge with Others amounted to Rs. 2.00 M with Charge ID 100249055 was registered on 01 Feb 2019.

    01 Feb 2019

  • Charges

    A charge with Union Bank Of India of Rs. 9.70 M registered on 25 Jul 2008 with Charge ID 10117617 was modified on 20 Dec 2014.

    20 Dec 2014

  • Charges

    A charge with Union Bank Of India of Rs. 4.50 M registered on 03 Jul 2008 with Charge ID 10114401 was modified on 20 Dec 2014.

    20 Dec 2014

Frequently asked questions

  • Vinit Performance Polymers Pvt Ltd was incorporated on 01 Oct 1992.

  • The authorized share capital of Vinit Performance Polymers Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Vinit Performance Polymers Pvt Ltd.

    • Nanji Lalji Bheda
    • Hiten Nanji Bheda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vinit Performance Polymers Pvt Ltd is 224/225 Gokul Arcade Asahar Road Vile Parle (E), Mumbai, Maharashtra, India, 400057.

  • The corporate identification number (CIN) of Vinit Performance Polymers Pvt Ltd is U25209MH1992PTC068859 and the company number is 068859 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vinit Performance Polymers Pvt Ltd is https://www.polymatindia.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vinit Performance Polymers Pvt Ltd has risen by 18.97%.

  • As Per 2023 financial reports, 14 employees are currently employed by Vinit Performance Polymers Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vinit Performance Polymers Pvt Ltd has experienced an upsurge of 23.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vinit Performance Polymers Pvt Ltd amount to ₹ 2.31 Cr.

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