Viswak Advance Polymers Private Limited

Trading company specializing in watches, clocks, and parts since 2018, based in Bangalore.

2018 | Bangaluru, Karnataka (India) | Active
Last Updated: December 30, 2024

Viswak Advance Polymers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 6 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.88 Cr
  • Satisfied Charges ₹ 1.46 Cr
  • Revenue Growth 87.86%
  • Profit Growth 333.91%
  • Ebitda -56.27%
  • Net Worth 449.80%
  • Total Assets 110.50%

About Viswak Advance Polymers

Viswak Advance Polymers Private Limited (VAPPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 April 2018 (Six years and nine months 15 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Goods 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 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹3.88 Cr. The company has closed loans amounting to ₹1.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karthik Krishnan and Angappan Sundararajan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33302KA2018PTC112453

  • Company No.

    112453

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods

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

Board Members (2)

Name Designation Appointment Date Status
Karthik Krishnan Country flag representing In Director 19-Apr-2018 Current
Angappan Sundararajan Country flag representing In Director 19-Apr-2018 Current

Financial Performance of Viswak Advance Polymers.

Viswak Advance Polymers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 87.86% increase. The company also saw a substantial improvement in profitability, with a 333.91% increase in profit. The company's net worth Soared by an impressive increase of 449.8%.

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
87.86%
Revenue from Operations
87.82%
Total Assets
110.50%
Profit or Loss
333.91%
Net Worth
449.80%
EBITDA
-56.27%

What is the Ownership and Shareholding Structure of Viswak Advance Polymers?

In 2022, Viswak Advance 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

₹3.88 Cr

Satisfied Charges

₹1.46 Cr

Charges Breakdown by Lending Institutions

  • Sidbi : 2.38 Cr
  • Axis Bank Limited : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
23 Jul 2024 Sidbi ₹8.58 M Open
27 Dec 2022 Sidbi ₹3.18 M Open
29 Sep 2022 Axis Bank Limited ₹1.50 Cr Open
27 Jan 2022 Sidbi ₹1.20 Cr Open
26 Aug 2021 Others ₹8.16 M Satisfied

How Many Employees Work at Viswak Advance Polymers?

Viswak Advance Polymers has a workforce of 16 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Viswak Advance 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 Viswak Advance 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 Viswak Advance Polymers

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 0.86 Cr with Charge ID 101003492 was registered on 23 Jul 2024.

    23 Jul 2024

  • Charges

    A charge registered on 26 Aug 2021 via Charge ID 100471544 with Others was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge registered on 05 Sep 2018 via Charge ID 100244020 with Canara Bank was fully satisfied on 14 May 2024.

    14 May 2024

  • Annual General Meeting

    Viswak Advance Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Viswak Advance Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 0.32 Cr with Charge ID 100687582 was registered on 27 Dec 2022.

    27 Dec 2022

Frequently asked questions

  • Viswak Advance Polymers Private Limited was incorporated on 19 Apr 2018.

  • The authorized share capital of Viswak Advance Polymers Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.10 Cr.

  • Currently 2 directors are associated with Viswak Advance Polymers Private Limited.

    • Karthik Krishnan
    • Angappan Sundararajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Viswak Advance Polymers Private Limited is Flat No-53 Hennagara Village Anekal Taluk, India, Bangalore, Karnataka, 560099.

  • The corporate identification number (CIN) of Viswak Advance Polymers Private Limited is U33302KA2018PTC112453 and the company number is 112453 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Viswak Advance Polymers Private Limited has risen by 87.86%.

  • As Per 2022 financial reports, 16 employees are currently employed by Viswak Advance Polymers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Viswak Advance Polymers Private Limited has experienced an upsurge of 449.80%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Viswak Advance Polymers Private Limited amount to ₹ 3.88 Cr.

  • The most recent Balance Sheet for Viswak Advance Polymers Private Limited was filed with the ROC on 31 Mar 2023.