About Ethical Poly Paper Private Limited
Data last updated:
Ethical Poly Paper Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 musical instrument segment of the musical instruments sector. It was incorporated on 04 September 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73100GJ1995PTC027262. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.48 Lakh. It was led by directors including Niraj Chaitanya Desai and Jignesh Bhikhubhai Desai.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 312 Sakar – V B/H Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.76 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹12.11 Lakh (net margin -2.5%) and EBITDA of ₹27.39 Lakh (EBITDA margin 5.8%).
As per MCA filings, the company had satisfied charges of ₹17.03 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The last known website on record is ethicalpolypaper.com.
Company details
Contact details
Ethical Poly Paper Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ethicalpolypaper.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address312 Sakar – V B/H Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryMusical Instruments, Musical Instrument, Sports Goods, Jewellery, Manufacturing
To see the full contact details of Ethical Poly Paper 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 Ethical Poly Paper is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Ethical Poly Paper Private Limited, buy the company report.
Financials of Ethical Poly Paper Private Limited
FY 2017 filings availableEthical Poly Paper Private Limited reported revenue of ₹4.76 Cr (down 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA fell 63% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹4.76 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹27.39 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹12.11 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.8% | ||
| Net Profit Margin | -2.5% | ||
| 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 Ethical Poly Paper Private Limited, buy the company report.
Board of directors of Ethical Poly Paper Private Limited
Ethical Poly Paper 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 |
|---|---|---|---|---|
| Niraj Chaitanya Desai Also directs: Ethical Energy Petrochem Strategies Private Limited | Director | 25 Mar 2009 | 17 Years 7 Months | As last reported |
| Jignesh Bhikhubhai Desai Also directs: Ethical Energy Petrochem Strategies Private Limited | Director | 10 Feb 2010 | 16 Years 8 Months | As last reported |
| Dhiren Maheshkumar Desai Also directs: Ethical Energy Petrochem Strategies Private Limited | Director | 04 Sep 1995 | 31 Years 1 Months | As last reported |
Auditor
Ethical Poly Paper Private Limited is audited by PANKAJ R. SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ R. SHAH & ASSOCIATES | FY 2017 | 107361W |
Shareholding
The shareholding of Ethical Poly Paper Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ethical Poly Paper Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2014 | 10506434 | Hdfc Bank Limited | ₹17.03 Lakh | Satisfied |
To see the full charge records of Ethical Poly Paper Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ethical Poly Paper Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Ethical Poly Paper 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 Ethical Poly Paper Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ethical Poly Paper 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 Ethical Poly Paper Private Limited, buy the company report.
Recent activity
Ethical Poly Paper Private Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Jignesh Bhikhubhai Desai was appointed as Director on 10 Feb 2010.
Frequently asked questions
Ethical Poly Paper 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.
Ethical Poly Paper was a private limited company based in Ahmedabad, Gujarat, India. The company worked in musical instrument, within the musical instruments industry. It was incorporated on 04 September 1995 and is registered under CIN U73100GJ1995PTC027262. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ethical Poly Paper was incorporated on 04 September 1995. It is registered with the Registrar of Companies, Ahmedabad.
Ethical Poly Paper had 3 directors:
- Niraj Chaitanya Desai - Director
- Jignesh Bhikhubhai Desai - Director
- Dhiren Maheshkumar Desai - Director
The CIN (Corporate Identification Number) of Ethical Poly Paper is U73100GJ1995PTC027262. 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 Ethical Poly Paper is at 312 Sakar – V BH Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.
Ethical Poly Paper can be reached through the website ethicalpolypaper.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Ethical Poly Paper on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Ethical Poly Paper has 1 GST registration on record and it is cancelled or inactive.
Ethical Poly Paper operated in the musical instruments industry, in the musical instrument segment.