About Adventec Polymers Private Limited
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Adventec Polymers Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the pipe and tubes segment of the manufacturing sector. It was incorporated on 26 November 2002.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U24231WB2002PTC095430. Its GSTIN is 19AAECA0185B2Z2 (West Bengal). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹89.06 Lakh. It was led by directors including Rekha Agarwal and Harshvardhan Agarwal.
Its last annual general meeting (AGM) was held on 25 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 40 Strand Road 3rd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2018, the company reported a revenue of ₹49.29 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹71.61 Lakh (net margin 1.5%) and EBITDA of ₹2.5 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company had about 42 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹6.75 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in February 2017. Its 6 peer companies in the Manufacturing industry (Pipes, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 4 smaller; the largest is Konark Irrigation Private Limited with revenue of ₹49.65 Cr.
The last known website on record is oriplast.com.
Company details
Contact details
Adventec Polymers Private Limited's registered office is in Kolkata, West Bengal. Its website is oriplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address40 Strand Road 3rd Floor, Kolkata, West Bengal, India – 700001
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Adventec Polymers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Adventec Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Adventec Polymers Private Limited, buy the company report.
Financials of Adventec Polymers Private Limited
FY 2018 filings availableAdventec Polymers Private Limited reported revenue of ₹49.29 Cr (up 3% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 3% growth in the latest year. EBITDA rose 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
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| Other Income | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹2.5 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹71.61 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.1% | |||
| Net Profit Margin | 1.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Receivable Days | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Adventec Polymers Private Limited, buy the company report.
Board of directors of Adventec Polymers Private Limited
Adventec Polymers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Agarwal Also directs: Ori Plast Ltd. | Director | 26 Nov 2002 | 23 Years 10 Months | As last reported |
| Harshvardhan Agarwal | Director | 01 Dec 2010 | 15 Years 10 Months | As last reported |
| Ashish Agarwal Also directs: Ori Plast Ltd., Accurate Polymers Private Limited, Tribhuwan Credit & Properties Pvt Ltd and 2 more | Director | 26 Nov 2002 | 23 Years 10 Months | As last reported |
| Ramesh Kumar Bajaj | Director | 03 Apr 2006 | 20 Years 6 Months | As last reported |
Peer comparison
Adventec Polymers Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Konark Irrigation Private Limited | ₹49.65 Cr (FY 2021) | 2.0% | Aligarh, Uttar Pradesh, India | |||
| RKG Polymers Private Limited | ₹49.57 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Adventec Polymers Private Limitedthis company | ₹49.29 Cr (FY 2018) | ₹71.61 Lakh | 1.5% | 3.0% | 42 | Kolkata, West Bengal, India |
| F.Robin Polymers Private Limited | ₹49.19 Cr (FY 2022) | 30.0% | Dindigul, Tamil Nadu, India | |||
| Rishiroop Polymers Private Limited | ₹49.11 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Gurukripa Manufacturing Private Limited | ₹48.9 Cr (FY 2025) | 1.0% | Varanasi, Uttar Pradesh, India | |||
| Hallmark Aquaequipment Private Limited | ₹48.69 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Adventec Polymers Private Limited, buy the company report.
Auditor
Adventec Polymers Private Limited is audited by SURENDRA YAMUNA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDRA YAMUNA & ASSOCIATES | FY 2017 | 324040E |
Shareholding
The shareholding of Adventec Polymers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Adventec Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2010 | 10214615 | State Bank of India | ₹6.75 Cr | Satisfied |
To see the full charge records of Adventec Polymers Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Adventec Polymers Private Limited has 1 deal on record (1 secondary share transfer); the latest was in February 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adventec Polymers Private Limited has 7 court cases on record: 5 filed by Adventec Polymers, 2 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 2 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against an individual | Pending |
| District court, Alwar, Rajasthan | Criminal case | Filed by the company against Ms Deem Construction Co Pvt Ltd Through Prop Nasim Qureshi | Pending |
| District court, KOTPUTLI BEHROR, Rajasthan | Criminal case | Filed by the company against Ms Deem Construction Co Pvt Ltd Through Prop Nasim Qureshi | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Anr | Disposed |
To see the full case history of Adventec Polymers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Adventec Polymers Private Limited was last rated by Brickwork on 15 Jul 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 15 Jul 2019 |
To see the full credit ratings and regulatory alerts of Adventec Polymers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adventec Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adventec Polymers Private Limited has a workforce of 42 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Adventec Polymers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECA0185B2Z2 | West Bengal | Active | 21 Sep 2017 |
To see the full GST registrations and return filing status of Adventec Polymers Private Limited, buy the company report.
Recent activity
Adventec Polymers Private Limited has 5 board changes on record since 2002: 4 appointments and 1 cessation. The latest: Harshvardhan Agarwal ceased to be Additional Director on 29 Sep 2015.
Frequently asked questions
Adventec Polymers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Adventec Polymers was a private limited company based in Kolkata, West Bengal, India. The company worked in pipe and tubes, within the manufacturing industry. It was incorporated on 26 November 2002 and is registered under CIN U24231WB2002PTC095430. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Adventec Polymers was incorporated on 26 November 2002. It is registered with the Registrar of Companies, Kolkata.
Adventec Polymers had 4 directors:
- Rekha Agarwal - Director
- Harshvardhan Agarwal - Director
- Ashish Agarwal - Director
- Ramesh Kumar Bajaj - Director
The CIN (Corporate Identification Number) of Adventec Polymers is U24231WB2002PTC095430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Adventec Polymers is at 40 Strand Road 3rd Floor, Kolkata, West Bengal, India – 700001.
Adventec Polymers can be reached through the website oriplast.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Adventec Polymers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 25 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Adventec Polymers is 19AAECA0185B2Z2, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Adventec Polymers operated in the manufacturing industry, in the pipe and tubes segment.
Adventec Polymers has 1 deal on record (1 secondary share transfer); the latest was in February 2017.