Gagnant Polymers India Private Limited
About Gagnant Polymers India Private Limited
Data last updated:
Gagnant Polymers India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 11 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25209DL2007PTC164573. Its GSTIN is 08AACCG8813C1ZT (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It was formerly known as Gagnant Polymers Private Limited. It is led by directors Sukhdeep Singh and Neeraj Anand.
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 is at 69 Ground Floor World Trade Centre Barakhamba Road Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.71 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹48.49 Lakh (net margin -8.5%) and EBITDA of -₹14.38 Lakh (EBITDA margin -2.5%).
As per MCA filings, the company has satisfied charges of ₹15.79 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Gagnant Polymers India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address69 Ground Floor World Trade Centre Barakhamba Road Connaught Place, New Delhi, Delhi, India – 110001
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Gagnant Polymers India 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 Gagnant Polymers India 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 Gagnant Polymers India Private Limited, buy the company report.
Financials of Gagnant Polymers India Private Limited
FY 2017 filings availableGagnant Polymers India Private Limited reported revenue of ₹5.71 Cr (down 36% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year. EBITDA rose 97% 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 | ₹5.71 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹14.38 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹48.49 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 | -2.5% | ||
| Net Profit Margin | -8.5% | ||
| 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 Gagnant Polymers India Private Limited, buy the company report.
Board of directors of Gagnant Polymers India Private Limited
Gagnant Polymers India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukhdeep Singh | Director | 21 Dec 2009 | 16 Years 10 Months | Current |
| Neeraj Anand | Director | 11 Jun 2007 | 19 Years 4 Months | Current |
Peer comparison
Gagnant Polymers India Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, 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 |
|---|---|---|---|---|---|---|
| Sanghvi Polyfil Private Limited | ₹5.73 Cr (FY 2023) | 242.0% | Gandhidham, Gujarat, India | |||
| Gagnant Polymers India Private Limitedthis company | ₹5.71 Cr (FY 2017) | -₹48.49 Lakh | -8.5% | -36.0% | New Delhi, Delhi, India | |
| Ashish Cans and Containers Private Limited | ₹5.71 Cr (FY 2025) | -7.0% | Pune, Maharashtra, India | |||
| Toolmetrics Engineers Private Limited | ₹5.7 Cr (FY 2024) | 59.0% | Balanaganr, Telangana, India | |||
| SPL Plast Private Limited | ₹5.7 Cr (FY 2022) | -13.0% | Ahmedabad, Gujarat, India | |||
| Savera Disposables Private Limited | ₹5.69 Cr (FY 2025) | 16.0% | Guwahati, Assam, India |
To see the full peer comparison of Gagnant Polymers India Private Limited, buy the company report.
Auditor
Gagnant Polymers India Private Limited is audited by RAVEESH SINGHAL & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVEESH SINGHAL & ASSOCIATES | FY 2017 | 019098N |
Shareholding
The shareholding of Gagnant Polymers India 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 Gagnant Polymers India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2010 | 10249144 | Bank of India | ₹2 Cr | Satisfied | |
| 29 Oct 2010 | 10249182 | Bank of India | ₹7 Cr | Satisfied | |
| 16 Mar 2010 | 10208518 | Small Industries Development Bank of India | ₹1.79 Cr | Satisfied | |
| 27 Apr 2009 | 10155903 | Bank of India | ₹5 Cr | Satisfied |
To see the full charge records of Gagnant Polymers India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Gagnant Polymers India 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 (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Criminal case | Filed against the company by Watchem Ions Engineers Pvt. Ltd. | Disposed |
| District court, Shahdara, Delhi | Criminal case | Filed against the company by M/S Watchem Ions Engg. Pvt. Ltd. | Disposed |
To see the full case history of Gagnant Polymers India 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 Gagnant Polymers India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gagnant Polymers India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCG8813C1ZT | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gagnant Polymers India Private Limited, buy the company report.
Recent activity
Gagnant Polymers India Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Rajneesh Grover ceased to be Director on 05 Jul 2012.
3 earlier events are in the company report.
Frequently asked questions
Gagnant Polymers India is an active private limited company based in New Delhi, Delhi, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 11 June 2007 (19+ years old) and is registered under CIN U25209DL2007PTC164573.
Gagnant Polymers India has 2 current directors:
- Sukhdeep Singh - Director
- Neeraj Anand - Director
The latest financial statements of Gagnant Polymers India 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.
The GSTIN of Gagnant Polymers India is 08AACCG8813C1ZT, registered in Rajasthan. 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 Gagnant Polymers India is U25209DL2007PTC164573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gagnant Polymers India has 2 court cases on record: 2 filed against it.
Gagnant Polymers India was incorporated on 11 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Gagnant Polymers India by revenue are Sanghvi Polyfil Private Limited, Ashish Cans and Containers Private Limited, Toolmetrics Engineers Private Limited, SPL Plast Private Limited, Savera Disposables Private Limited, all in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Rajneesh Grover ceased to be Director on 05 Jul 2012. Sukhdeep Singh was appointed as Director on 21 Dec 2009. Neeraj Anand was appointed as Director on 11 Jun 2007.
The registered office of Gagnant Polymers India is at 69 Ground Floor World Trade Centre Barakhamba Road Connaught Place, New Delhi, Delhi, India – 110001.
Gagnant Polymers India operates in the environment industry, in the waste management and recycling solutions segment.
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