Asansol Poly Fabs Private Limited
About Asansol Poly Fabs Private Limited
Data last updated:
Asansol Poly Fabs 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 woven packaging products segment of the packaging sector. It was incorporated on 26 August 2002.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U25202WB2002PTC095051. Its GSTIN is 19AAECA0154G1Z0 (West Bengal).
The company had an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹3.61 Cr. It was led by directors including Rajesh Kumar Sharma and Shresth Bansal.
Its last annual general meeting (AGM) was held on 22 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 113/1B C.R. Avenue 7th Floor Room No – 7A, Kolkata, West Bengal, India – 700073.
As per the financials filed for FY 2020, the company reported a revenue of ₹43.52 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹71.63 Lakh (net margin 1.6%) and EBITDA of ₹2.43 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 9% over five years.
The company had about 102 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹7.95 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Company details
Contact details
Asansol Poly Fabs Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address113/1B C.R. Avenue 7th Floor Room No – 7A, Kolkata, West Bengal, India – 700073
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Asansol Poly Fabs 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 Asansol Poly Fabs 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 Asansol Poly Fabs Private Limited, buy the company report.
Financials of Asansol Poly Fabs Private Limited
FY 2020 filings availableAsansol Poly Fabs Private Limited reported revenue of ₹43.52 Cr (down 17% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 9% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹43.52 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.63 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Asansol Poly Fabs Private Limited, buy the company report.
Board of directors of Asansol Poly Fabs Private Limited
Asansol Poly Fabs has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar Sharma Also directs: Fancim Home Real Estate LLP, Shri Maa Packaging Limited, Shri Ram Realcon Private Limited and 3 more | Director | 02 Sep 2010 | 16 Years 1 Months | As last reported |
| Shresth Bansal Also directs: Anantguna Infotech LLP, Shri Dakshineshwari Maa Polyfabs Limited, Anantguna Infotech Private Limited and 3 more | Director | 02 Sep 2010 | 16 Years 1 Months | As last reported |
| Nitesh Sharma Also directs: Fancim Home Real Estate LLP, Ganapati Polytex Limited, Shri Maa Textiles Limited and 5 more | Director | 26 Aug 2002 | 24 Years 2 Months | As last reported |
| Sajjan Bansal Also directs: Anantguna Infotech LLP, Aaditya Agrofood Products Limited, Shri Dakshineshwari Maa Polyfabs Limited and 2 more | Director | 26 Aug 2002 | 24 Years 2 Months | As last reported |
Peer comparison
Asansol Poly Fabs Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Woven Products), 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 |
|---|---|---|---|---|---|---|
| Hankhul Packwell Private Limited | ₹44.72 Cr (FY 2025) | 1.0% | Jhansi, Uttar Pradesh, India | |||
| P P Polyplast Private Limited | ₹44.7 Cr (FY 2025) | 2.0% | Uttar Pradesh, India | |||
| Chola Packaging Private Limited | ₹44.07 Cr (FY 2025) | 2.0% | Tamil Nadu, India | |||
| Asansol Poly Fabs Private Limitedthis company | ₹43.52 Cr (FY 2020) | ₹71.63 Lakh | 1.6% | -17.0% | 102 | Kolkata, West Bengal, India |
| Naredi Texfab Private Limited | ₹42.92 Cr (FY 2025) | 0.0% | Chittorgarh, Rajasthan, India | |||
| Invictus Polypack Private Limited | ₹42.92 Cr (FY 2025) | 108.0% | Morbi, Gujarat, India | |||
| Swastik Polytex Private Limited | ₹41.78 Cr (FY 2025) | 5.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Asansol Poly Fabs Private Limited, buy the company report.
Auditor
Asansol Poly Fabs Private Limited is audited by S K KHETAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K KHETAN & ASSOCIATES | FY 2020 | 322143E |
Shareholding
The shareholding of Asansol Poly Fabs Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Asansol Poly Fabs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2017 | 100145864 | State Bank of India | ₹5 Cr | Satisfied | |
| 27 May 2003 | 90256162 | West Bengal Industrial Development Corporation Ltd. | ₹2.95 Cr | Satisfied |
To see the full charge records of Asansol Poly Fabs Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Asansol Poly Fabs Private Limited has 4 court cases on record: 2 filed by Asansol Poly Fabs, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (WP.TT) | Filed against the company by The State of West Bengal and Ors. | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Joint Commissioner, Sales Tax, Asansol Charge, Asansol & Ors | Disposed |
To see the full case history of Asansol Poly Fabs 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asansol Poly Fabs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Asansol Poly Fabs has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
Employees & EPFO
Asansol Poly Fabs Private Limited has a workforce of 102 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Asansol Poly Fabs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECA0154G1Z0 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asansol Poly Fabs Private Limited, buy the company report.
Recent activity
Asansol Poly Fabs Private Limited has 10 board changes on record since 2002: 4 appointments and 6 cessations. The latest: Nitesh Sharma ceased to be Whole-Time Director on 01 Apr 2021.
6 earlier events are in the company report.
Frequently asked questions
Asansol Poly Fabs 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.
Asansol Poly Fabs was a private limited company based in Kolkata, West Bengal, India. The company worked in woven packaging products, within the packaging industry. It was incorporated on 26 August 2002 and is registered under CIN U25202WB2002PTC095051. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Asansol Poly Fabs was incorporated on 26 August 2002. It is registered with the Registrar of Companies, Kolkata.
Asansol Poly Fabs had 4 directors:
- Rajesh Kumar Sharma - Director
- Shresth Bansal - Director
- Nitesh Sharma - Director
- Sajjan Bansal - Director
The CIN (Corporate Identification Number) of Asansol Poly Fabs is U25202WB2002PTC095051. 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 Asansol Poly Fabs is at 1131B C.R. Avenue 7th Floor Room No – 7A, Kolkata, West Bengal, India – 700073.
The latest financial statements of Asansol Poly Fabs on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 22 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Asansol Poly Fabs is 19AAECA0154G1Z0, registered in West Bengal.
Asansol Poly Fabs operated in the packaging industry, in the woven packaging products segment.
The peers of Asansol Poly Fabs by revenue are Hankhul Packwell Private Limited, P P Polyplast Private Limited, Chola Packaging Private Limited, Naredi Texfab Private Limited, Invictus Polypack Private Limited and 1 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Asansol Poly Fabs has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the high courts.
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