MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CG-14-0005272
Bhimsaria Polymers Private Limited - manufacturing in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.65 Cr
▲ 17% YoY
Net profit · FY 2023
₹5.4 Lakh
Net margin 2%
EBITDA · FY 2023
₹45.83 Lakh
EBITDA margin 17.3%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹29.33 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹5.09 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
14
Provident fund records
About Bhimsaria Polymers Private Limited
Data last updated:
Bhimsaria Polymers Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the fittings and components segment of the manufacturing sector. It was incorporated on 25 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U36103CT1997PTC011685. Its GSTIN is 22AAACT8588P1ZL (Chattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.33 Lakh. It was formerly known as Vikas Mining and Steel Private Limited. It is led by directors Vikas Agrawal and Akash Kumar Agrawal.
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 Near Parekh Wires Khasra No. 287/9 287/20 Umiya Market Ring Road No.2 Bhanpuri, Raipur, Chhattisgarh, India – 492003.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.65 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹5.4 Lakh (net margin 2%) and EBITDA of ₹45.83 Lakh (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 6% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹5.09 Cr on record.
Bhimsaria Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0005272). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siestosystems.com.
Company details
CIN U36103CT1997PTC011685
Registration Number 011685
Incorporation Date 25 February 1997
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-CG-14-0005272
CIN history
Bhimsaria Polymers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U36103CT1997PTC011685, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36103CT1997PTC011685 | Current |
| U51909MP1997PTC011685 | Previous |
| U51909CT1997PTC011685 | Previous |
Recognitions & Rankings of Bhimsaria Polymers
Contact details
Bhimsaria Polymers Private Limited's registered office is in Raipur, Chhattisgarh. Its website is siestosystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNear Parekh Wires Khasra No. 287/9 287/20 Umiya Market Ring Road No.2 Bhanpuri, Raipur, Chhattisgarh, India – 492003
- IndustryManufacturing, Fittings & Components
To see the full contact details of Bhimsaria Polymers Private Limited, buy the company report.
Comprehensive company report
Bhimsaria Polymers Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Bhimsaria 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 Bhimsaria Polymers Private Limited, buy the company report.
Financials of Bhimsaria Polymers Private Limited
FY 2024 filings availableBhimsaria Polymers Private Limited reported revenue of ₹2.65 Cr (up 17% YoY) for FY 2023.
Revenue · FY 2023
₹2.65 Cr ▲ 17%
Net profit · FY 2023
₹5.4 Lakh margin 2%
EBITDA · FY 2023
₹45.83 Lakh margin 17.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 19%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 156%
3 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 17% growth in the latest year. EBITDA rose 156% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹45.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.4 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.3% | ||||
| Net Profit Margin | 2% | ||||
| 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 Bhimsaria Polymers Private Limited, buy the company report.
Board of directors of Bhimsaria Polymers Private Limited
Bhimsaria Polymers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Agrawal Also directs: Siesto Systems Private Limited | Director | 08 Nov 2014 | 11 Years 11 Months | Current |
| Akash Kumar Agrawal Also directs: Rosemery Vinimay Pvt Ltd | Director | 01 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Bhimsaria Polymers Private Limited is audited by AVINASH AGRAWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVINASH AGRAWAL & ASSOCIATES | FY 2023 | 016671C |
Shareholding
The shareholding of Bhimsaria Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhimsaria Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹5.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2018 | 100164649 | Others | ₹1 Cr | Open | |
| 30 Jan 2016 | 10623031 | Idbi Bank Limited | ₹75 Lakh | Satisfied | |
| 21 Feb 2011 | 10279880 | State Bank of India | ₹2.09 Cr | Satisfied | |
| 14 Feb 2008 | 10093245 | State Bank of India | ₹2.25 Cr | Satisfied |
To see the full charge records of Bhimsaria Polymers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Bhimsaria 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
Bhimsaria Polymers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Bhimsaria Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Bhimsaria Polymers Private Limited has a workforce of 14 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-17.65%
GST
Bhimsaria Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAACT8588P1ZL | Chattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhimsaria Polymers Private Limited, buy the company report.
Recent activity
Bhimsaria Polymers Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Vikas Agrawal ceased to be Additional Director on 30 Sep 2015.
AGM
Bhimsaria Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bhimsaria Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100164649 was registered on 13 Mar 2018.
Charges
A charge registered on 30 Jan 2016 via Charge ID 10623031 with Idbi Bank Limited was fully satisfied on 24 Nov 2017.
Charges
A charge with Idbi Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 10623031 was registered on 30 Jan 2016.
Charges
A charge registered on 21 Feb 2011 via Charge ID 10279880 with State Bank Of India was fully satisfied on 28 Jan 2016.
Charges
A charge registered on 14 Feb 2008 via Charge ID 10093245 with State Bank Of India was fully satisfied on 28 Jan 2016.
Ceased
Vikas Agrawal ceased to be Additional Director.
Ceased
Gopal Krishna Agrawal ceased to be Director.
Ceased
Sanjay Kumar Agrawal ceased to be Director.
Appointed
Vikas Agrawal was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 209.00 Lakh with Charge ID 10279880 was registered on 21 Feb 2011.
4 earlier events are in the company report.
Frequently asked questions
Bhimsaria Polymers is an active private limited company based in Raipur, Chhattisgarh, India. The company works in fittings and components, within the manufacturing industry. It was incorporated on 25 February 1997 (29+ years old) and is registered under CIN U36103CT1997PTC011685.
Bhimsaria Polymers has 2 current directors:
- Vikas Agrawal - Director
- Akash Kumar Agrawal - Director
The latest financial statements of Bhimsaria Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhimsaria Polymers is 22AAACT8588P1ZL, registered in Chattisgarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bhimsaria Polymers is U36103CT1997PTC011685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhimsaria Polymers was incorporated on 25 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Vikas Agrawal ceased to be Additional Director on 30 Sep 2015. Gopal Krishna Agrawal ceased to be Director on 08 Nov 2014. Sanjay Kumar Agrawal ceased to be Director on 08 Nov 2014. Bhimsaria Polymers has 6 board changes on record in total.
Yes, Bhimsaria Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-CG-14-0005272).
Bhimsaria Polymers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 09 Jun 2019.
Bhimsaria Polymers can be reached through the website siestosystems.com. Its registered office is in Raipur, Chhattisgarh, India.
The registered office of Bhimsaria Polymers is at Near Parekh Wires Khasra No. 2879 28720 Umiya Market Ring Road No.2 Bhanpuri, Raipur, Chhattisgarh, India – 492003.