Bargi Polymer Private Limited
About Bargi Polymer Private Limited
Data last updated:
Bargi Polymer Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 05 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24100KA2007PTC042394. Its GSTIN is 29AADCB6078M1Z3 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Bargi Chemicals Private Limited. It is led by directors including Bargi Suresh Venugopal and Venugopala Rao Bargi Satish.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 1848 Venuvihar Ist Main Ist Cross K Block Kuvempunagar, Mysore, Karnataka, India – 570023.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.87 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹9.35 Lakh (net margin 0.4%) and EBITDA of ₹85.06 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹9.82 Cr and satisfied charges of ₹6.14 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address# 1848 Venuvihar Ist Main Ist Cross K Block Kuvempunagar, Mysore, Karnataka, India – 570023
- IndustryChemicals and Materials, Specialty Chemicals
- 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
- One PDF report, delivered after checkout
Business Activity of Bargi Polymer Private Limited
The main business activity of Bargi Polymer is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bargi Polymer Private Limited FY 2024 filings available
Bargi Polymer Private Limited reported revenue of ₹23.87 Cr (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bargi Polymer Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 7% growth in the latest year. EBITDA rose 38% 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 of Bargi Polymer Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹23.87 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹85.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.35 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bargi Polymer Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bargi Polymer are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Bargi Polymer Private Limited
Bargi Polymer Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Specialty Chemicals). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chembond Distribution Limited | •••• | •••• | •••• | •••• | 11 | Thane, Maharashtra, India |
| Sturdflex Solutions Private Limited | •••• | •••• | •••• | •••• | 51 | New Town, West Bengal, India |
| R Chemine Products Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Suru Chemicals and Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | 108 | Mumbai, Maharashtra, India |
| Premier Intermediates Limited | •••• | •••• | •••• | •••• | - | Palghar, Maharashtra, India |
| Bargi Polymer Private Limited this company | •••• | •••• | •••• | •••• | - | Mysore, Karnataka, India |
| R.G.Pigments Private Limited | •••• | •••• | •••• | •••• | - | East Delhi, Delhi, India |
| N9 World Technologies Private Limited | •••• | •••• | •••• | •••• | 21 | Bangalore, Karnataka, India |
| Minova Minetek Private Limited | •••• | •••• | •••• | •••• | - | Sangareddy, Telangana, India |
| Onkar Exim Private Limited. | •••• | •••• | •••• | •••• | 31 | New Delhi, Delhi, India |
| Prem Sakhi Fertilizer Limited | •••• | •••• | •••• | •••• | - | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Bargi Polymer by revenue in the Chemicals industry (Specialty Chemicals), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Bargi Polymer Private Limited
Bargi Polymer Private Limited is audited by A. Vishwanatha & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A. Vishwanatha & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bargi Polymer Private Limited
Bargi Polymer has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bargi Suresh Venugopal Also directs: Tough Wood and Adhesives Private Limited, Ivaana Nature Resorts Private Limited, Icore Lumbers Private Limited and 2 more | Director | 05 Apr 2007 | 19 Years 6 Months | Current |
| Venugopala Rao Bargi Satish | Director | 07 Aug 2009 | 17 Years 2 Months | Current |
| Venugopalrao Bargi Nagesh | Director | 05 Apr 2007 | 19 Years 6 Months | Current |
Ownership and Shareholding of Bargi Polymer Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bargi Polymer Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Nov 2024 | Others | ₹85 Lakh | Open |
| 01 Aug 2024 | Others | ₹4.1 Cr | Open |
| 28 Sep 2023 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 17 Jun 2020 | Others | ₹70 Lakh | Open |
| 04 May 2020 | Others | ₹35 Lakh | Open |
Total charge records: 12 View all charges
Legal Cases of Bargi Polymer Private Limited
Bargi Polymer Private Limited has 7 court cases on record: 2 filed by Bargi Polymer, 3 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Execution petition | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Court case (MFA) | Company is another party | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Company is another party | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Bargi Polymer Private Limited
Employment history and EPFO contributions of people linked to Bargi Polymer.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bargi Polymer Private Limited
Bargi Polymer Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Venugopala Rao Bargi Satish was appointed as Director on 07 Aug 2009.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Bargi Polymer Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bargi Polymer Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bargi Polymer Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bargi Polymer Private Limited
Bargi Polymer has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCB6078M1Z3 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bargi Polymer Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bargi Polymer Private Limited
Bargi Polymer is an active private limited company based in Mysore, Karnataka, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 05 April 2007 (19+ years old) and is registered under CIN U24100KA2007PTC042394.
Bargi Polymer reported revenue of ₹23.87 Cr for FY 2023 (up 7% YoY).
Bargi Polymer has 3 current directors:
- Bargi Suresh Venugopal - Director
- Venugopala Rao Bargi Satish - Director
- Venugopalrao Bargi Nagesh - Director
Bargi Polymer reported a net profit of ₹9.35 Lakh (net margin 0.4%) and EBITDA of ₹85.06 Lakh (EBITDA margin 3.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bargi Polymer is 18% over three years and 11% over five years. In the latest year (FY 2023) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bargi Polymer is 29AADCB6078M1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Bargi Polymer is U24100KA2007PTC042394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bargi Polymer has 7 court cases on record: 2 filed by the company and 3 filed against it. Most are in the high courts.
Bargi Polymer was incorporated on 05 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bargi Polymer by revenue are Chembond Distribution Limited, Sturdflex Solutions Private Limited, R Chemine Products Private Limited, Suru Chemicals and Pharmaceuticals Private Limited, Premier Intermediates Limited and 5 more, all in the Chemicals industry (Specialty Chemicals).
Venugopala Rao Bargi Satish was appointed as Director on 07 Aug 2009. Venugopala Rao Bargi Satish ceased to be Director on 01 Dec 2008. Bargi Suresh Venugopal was appointed as Director on 05 Apr 2007. Bargi Polymer has 4 board changes on record in total.