Adept Polymers Private Limited - Company Profile

It is a manufacturing private limited company based in Bangalore, Karnataka, India, established in 1988.
1988 Bangalore, Karnataka, India Active
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About Adept Polymers Private Limited

Adept Polymers Private Limited, a active private limited company, was established on 10 June 1988 in Bangalore, Karnataka, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U26102KA1988PTC009182. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹4.89 Cr.

It upholds a compliant status. Employing 15 professional, Its leadership includes Mahalakshmi Chandrasekharan (Director), Karthik Mandakolathur Chandrasekhar (Director), Pauline Supriya David (Director). Past directors included Chandrasekharan Ranganatha Mandakolathur, Sujatha Narayan, Gnanasekharan Karthikeyan. It holds no open charges and ₹8.37 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 555, 3Rd Main Road, 4Th Phase Peenya Industrial Area, Bangalore, Karnataka, 560058.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U26102KA1988PTC009182

  • Registration Number

    009182

  • Incorporation Date

    10 June 1988

  • Authorized Capital

    ₹5.50 Cr

  • Paid-Up Capital

    ₹4.89 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.89 Cr
  • Company Age 37 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.37 Cr
  • Revenue Growth **** -96.43%
  • Profit Growth **** -112.77%
  • Ebitda **** 82.20%
  • Net Worth -1.43%
  • Total Assets -2.79%
Company report

Adept Polymers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Adept Polymers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Adept Polymers Private Limited?
Current Directors
Name Designation Appointment Date Status
Mahalakshmi Chandrasekharan Director 10 Jun 1988 Current
Karthik Mandakolathur Chandrasekhar Director 02 Dec 1998 Current
Pauline Supriya David Director 11 Sep 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 14 May 2019 Past
Pramod Abcsdd Director 01 Mar 2012 Past
Pramod Abcsdd Director 13 Mar 2009 Past
Pramod Abcsdd Director 01 Mar 2012 Past

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Financial Performance of Adept Polymers.

Adept Polymers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 96.43% decrease. The company also saw a substantial fall in profitability, with a 112.77% decrease in profit. The company's net worth dipped by a decrease of 1.43%.

Adept Polymers revenue growth over time
Adept Polymers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -96.43%
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Revenue from Operations
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 -96.69%
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Total Assets
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 -2.79%
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*******
Profit or Loss
*******
 -112.77%
*******
*******
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Net Worth
*******
 -1.43%
*******
*******
*******
*******
EBITDA
*******
 82.20%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Adept Polymers?

In 2022, Adept Polymers had a promoter holding of 47.03% and a public holding of 52.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹83,650,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India. : 7.90 Cr
  • State Bank Of India : 0.47 Cr
Latest Charge Details
Date Lender Amount Status
02 Dec 1998 State Bank Of India ₹2.10 M Satisfied
22 Mar 1997 State Bank Of India. ₹7.90 Cr Satisfied
04 Apr 1996 State Bank Of India ₹1.20 M Satisfied
15 Sep 1994 State Bank Of India ₹0.90 M Satisfied
11 Jul 1988 State Bank Of India ₹0.45 M Satisfied

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How Many Employees Work at Adept Polymers?

Adept Polymers has a workforce of 15 employees as of Mar 27, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adept 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 Adept 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.

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Latest Updates, News, and FAQs on Adept Polymers
Recent Activity within the Organization
  • Annual General Meeting

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

  • Balance Sheet

    Adept Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 02 Dec 1998 via Charge ID 90194210 with State Bank Of India was fully satisfied on 15 Jun 2018. was documented.

  • Charges

    A charge registered on 04 Apr 1996 via Charge ID 90194001 with State Bank Of India was fully satisfied on 15 Jun 2018. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 15 Sep 1994 via Charge ID 90193834 with State Bank Of India was fully satisfied on 15 Jun 2018. was documented.

  • Charges

    Progress on A charge registered on 11 Jul 1988 via Charge ID 90193385 with State Bank Of India was fully satisfied on 15 Jun 2018. was documented.

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Frequently Asked Questions
What is the CIN of Adept Polymers Private Limited?

The CIN of Adept Polymers Private Limited is U26102KA1988PTC009182.

Where is Adept Polymers Private Limited headquartered?

Adept Polymers Private Limited is headquartered at 555, 3Rd Main Road, 4Th Phase Peenya Industrial Area, Bangalore, Karnataka, 560058.

When was Adept Polymers Private Limited incorporated?

Adept Polymers Private Limited was incorporated on 10 June 1988.

Who are the current directors of Adept Polymers Private Limited?

The current directors of Adept Polymers Private Limited are

What is the primary industry of Adept Polymers Private Limited?

The primary industry of Adept Polymers Private Limited is Manufacturing.

Is Adept Polymers Private Limited a listed company?

Adept Polymers Private Limited is unlisted.

What is the capital structure of Adept Polymers Private Limited?

The authorized capital of Adept Polymers Private Limited is ₹5.50 Cr, and the paid-up capital is ₹4.89 Cr.

What is the compliance status of Adept Polymers Private Limited?

The compliance status of Adept Polymers Private Limited is Compliant.

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