Balussery Polymers Private Limited
About Balussery Polymers Private Limited
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Balussery Polymers Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the plastic products segment of the plastics and polymers sector. It was incorporated on 19 August 1981.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24294TN1981PTC008944.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.49 Lakh. It was led by directors including Aruna Shivaramakrishnan and Mambilamadam Viswanathan Vaidyanathan.
Its last annual general meeting (AGM) was held on 25 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 30 Singarachari St Triplicane Madras – 5 Triplicane Madras – 5, Chennai, Tamil Nadu, India – 600005.
As per the financials filed for FY 2023, the company reported a revenue of ₹56,681, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹10,831 (net margin 19.1%) and EBITDA of ₹10,831 (EBITDA margin 19.1%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 19% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Balussery Polymers Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address30 Singarachari St Triplicane Madras – 5 Triplicane Madras – 5, Chennai, Tamil Nadu, India – 600005
- IndustryPlastics, Plastic Products, Fabricated Metal Products, Rubber Products, Non-Metallic Mineral Products
To see the full contact details of Balussery 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
Financials of Balussery Polymers Private Limited
FY 2023 filings availableBalussery Polymers Private Limited reported revenue of ₹56,681 (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 109% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹10,831 | ||||
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| Net Profit (PAT) | ₹10,831 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 19.1% | ||||
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To see the full financial statements and ratios of Balussery Polymers Private Limited, buy the company report.
Board of directors of Balussery Polymers Private Limited
Balussery Polymers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aruna Shivaramakrishnan | Director | 19 Aug 1981 | 45 Years 2 Months | As last reported |
| Mambilamadam Viswanathan Vaidyanathan | Director | 19 Aug 1981 | 45 Years 2 Months | As last reported |
| Mambila Viswanathan Gowrikanthan | Director | 19 Aug 1981 | 45 Years 2 Months | As last reported |
Peer comparison
Balussery Polymers Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (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 |
|---|---|---|---|---|---|---|
| Adept Polymers Private Limited | ₹62,573 (FY 2024) | -1.0% | Bangalore, Karnataka, India | |||
| Bansal Polymers Private Limited | ₹60,000 (FY 2025) | Jaipur, Rajasthan, India | ||||
| Hartex Polymers Pvt Ltd | ₹60,000 (FY 2025) | Hyderabad, Telangana, India | ||||
| Balussery Polymers Private Limitedthis company | ₹56,681 (FY 2023) | ₹10,831 | 19.1% | 10.0% | Chennai, Tamil Nadu, India | |
| Sugan Polymers Private Limited | ₹50,480 (FY 2024) | -59.0% | Delhi, India |
To see the full peer comparison of Balussery Polymers Private Limited, buy the company report.
Auditor
Balussery Polymers Private Limited is audited by SAMPATHKUMARAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMPATHKUMARAN & CO | FY 2019 | 003557S |
Shareholding
The shareholding of Balussery Polymers Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Balussery Polymers Private Limited, buy the company report.
Legal cases
Balussery Polymers Private Limited has 1 court case on record: 1 filed by Balussery Polymers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Company petition | Filed by the company | Disposed |
To see the full case history of Balussery 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balussery Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Balussery Polymers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Balussery Polymers Private Limited has 6 board changes on record since 1981: 3 appointments and 3 cessations. The latest: Perinkolam Hariharan Viswanathan ceased to be Director on 14 May 2016.
Frequently asked questions
Balussery Polymers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Balussery Polymers was a private limited company based in Chennai, Tamil Nadu, India. The company worked in plastic products, within the plastics industry. It was incorporated on 19 August 1981 and is registered under CIN U24294TN1981PTC008944. The company has been struck off by the Registrar of Companies and is no longer operational.
Balussery Polymers had 3 directors:
- Aruna Shivaramakrishnan - Director
- Mambilamadam Viswanathan Vaidyanathan - Director
- Mambila Viswanathan Gowrikanthan - Director
The CIN (Corporate Identification Number) of Balussery Polymers is U24294TN1981PTC008944. 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 Balussery Polymers is at 30 Singarachari St Triplicane Madras – 5 Triplicane Madras – 5, Chennai, Tamil Nadu, India – 600005.
Balussery Polymers was incorporated on 19 August 1981. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Balussery Polymers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 September 2023. Year-wise statements from 2015 are in the company report.
Balussery Polymers operated in the plastics industry, in the plastic products segment. It worked in this industry before it was struck off.
The peers of Balussery Polymers by revenue are Adept Polymers Private Limited, Bansal Polymers Private Limited, Hartex Polymers Pvt Ltd, Sugan Polymers Private Limited, all in the Chemicals industry (Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Balussery Polymers has 1 court case on record: 1 filed by the company.
Perinkolam Hariharan Viswanathan ceased to be Director on 14 May 2016. Mambila Viswanathan Subramaniam ceased to be Director on 12 Dec 2014. Venkatachalam Pillai Govindasamy ceased to be Director on 26 Dec 2008. Balussery Polymers has 6 board changes on record in total.