Asia Resins and Polymers Private Limited
About Asia Resins and Polymers Private Limited
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Asia Resins and Polymers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 10 March 2003.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2003PTC139523. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.7 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Virwani Industrial Estate Gala No 22/A 1st Floor Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.29 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Lakh (net margin 1.1%) and EBITDA of ₹2.17 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 140% over three years.
Company details
Contact details
Asia Resins and Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressVirwani Industrial Estate Gala No 22/A 1st Floor Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Asia Resins and 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 Asia Resins and Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Asia Resins and Polymers Private Limited, buy the company report.
Financials of Asia Resins and Polymers Private Limited
FY 2017 filings availableAsia Resins and Polymers Private Limited reported revenue of ₹1.29 Cr (up 68% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 140% over three years, including 68% growth in the latest year. EBITDA fell 46% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2.17 Lakh | ||
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| Net Profit (PAT) | ₹1.39 Lakh | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||
| EBITDA Margin | 1.7% | ||
| Net Profit Margin | 1.1% | ||
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To see the full financial statements and ratios of Asia Resins and Polymers Private Limited, buy the company report.
Board of directors of Asia Resins and Polymers Private Limited
Asia Resins and Polymers has 3 former directors on record and no current directors listed.
Peer comparison
Asia Resins and Polymers Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayank Chemiplast Private Limited | ₹1.29 Cr (FY 2024) | -96.0% | Mumbai, Maharashtra, India | |||
| Gandhi Refractories Private Limited | ₹1.29 Cr (FY 2024) | -43.0% | Jhansi, Uttar Pradesh, India | |||
| Asia Resins and Polymers Private Limitedthis company | ₹1.29 Cr (FY 2017) | ₹1.39 Lakh | 1.1% | 68.0% | Mumbai, Maharashtra, India | |
| Rose Solvents Private Limited | ₹1.29 Cr (FY 2019) | -63.0% | Mumbai, Maharashtra, India | |||
| Excel Dyechem Private Limited | ₹1.29 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Asia Resins and Polymers Private Limited, buy the company report.
Auditor
Asia Resins and Polymers Private Limited is audited by PRATIK SHAH & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATIK SHAH & CO | FY 2016 | 108145W |
Shareholding
The shareholding of Asia Resins and Polymers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asia Resins and Polymers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asia Resins and Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asia Resins and Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asia Resins and Polymers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asia Resins and Polymers Private Limited, buy the company report.
Recent activity
Asia Resins and Polymers Private Limited has 3 board changes on record since 2015: 0 appointments and 3 cessations. The latest: Heena Manish Shah ceased to be Additional Director on 08 Feb 2018.
Frequently asked questions
Asia Resins and Polymers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Asia Resins and Polymers was a private limited company based in Mumbai, Maharashtra, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 10 March 2003 and is registered under CIN U51909MH2003PTC139523. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Asia Resins and Polymers is U51909MH2003PTC139523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asia Resins and Polymers was incorporated on 10 March 2003. It is registered with the Registrar of Companies, Mumbai.
The registered office of Asia Resins and Polymers is at Virwani Industrial Estate Gala No 22A 1st Floor Goregaon East, Mumbai, Maharashtra, India – 400063.
The latest financial statements of Asia Resins and Polymers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Asia Resins and Polymers has 1 GST registration on record and it is cancelled or inactive.
Asia Resins and Polymers operated in the chemicals and materials industry, in the chemical distribution and retail segment.
The peers of Asia Resins and Polymers by revenue are Mayank Chemiplast Private Limited, Gandhi Refractories Private Limited, Rose Solvents Private Limited, Excel Dyechem Private Limited, all in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading).
Heena Manish Shah ceased to be Additional Director on 08 Feb 2018. Manish Kantilal Shah ceased to be Director on 08 Feb 2018. Nimish Kantilal Shah ceased to be Director on 05 May 2015.
Asia Resins and Polymers can be reached at its registered office: Virwani Industrial Estate Gala No 22A 1st Floor Goregaon East, Mumbai, Maharashtra, India – 400063.
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