Horizon Polymer Engineering Private Limited - Company Profile

It is a manufacturing private limited company based in Mehsana, Gujarat, India, established in 1981.
1981 Mehsana, Gujarat, India Active
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About Horizon Polymer Engineering Private Limited

Horizon Polymer Engineering Private Limited, a active private limited company, was established on 26 June 1981 in Mehsana, Gujarat, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U29259GJ1981PTC004456. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.92 Cr.

Formerly known as Resistoline (India) Private Limited, Horizon Polymer Engineering Limited. It upholds a compliant status. Employing 77 professional, Its leadership includes Gautam Hasmukh Sheth (Director), Nigel Andrade (Director), Mitesh Mahendra Sanghavi (Director). Past directors included Kirti Kantilal Shah, Tom Gordon, Hasmukh Chinubhai Sheth. It holds ₹28.69 Cr open charges and ₹19.33 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at C-1 B 1605 G I D Cchhatral, Mehsana, Gujarat, 382729.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29259GJ1981PTC004456

  • Registration Number

    004456

  • Incorporation Date

    26 June 1981

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.92 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.92 Cr
  • Company Age 44 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 28.69 Cr
  • Satisfied Charges ₹ 19.33 Cr
  • Revenue Growth **** 54.43%
  • Profit Growth **** 88.81%
  • Ebitda **** 477.53%
  • Net Worth 24.25%
  • Total Assets **** 21.98%
Company report

Horizon Polymer Engineering Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Horizon Polymer Engineering Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Horizon Polymer Engineering Private Limited?
Current Directors
Name Designation Appointment Date Status
Gautam Hasmukh Sheth Director 11 May 2005 Current
Nigel Andrade Director 06 Feb 2014 Current
Mitesh Mahendra Sanghavi Director 01 Apr 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 May 2016 Past
Pramod Abcsdd Director 01 Apr 2015 Past
Pramod Abcsdd Director 24 May 2023 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past
Pramod Abcsdd Managing Director 08 Jan 2014 Past
Pramod Abcsdd Additional Director 30 Nov 2021 Past

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Financial Performance of Horizon Polymer Engineering.

Horizon Polymer Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.43% increase. The company also saw a substantial improvement in profitability, with a 88.81% increase in profit. The company's net worth Soared by an impressive increase of 24.25%.

Horizon Polymer Engineering revenue growth over time
Horizon Polymer Engineering profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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54.43%
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Revenue from Operations
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54.26%
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Total Assets
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21.98%
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Profit or Loss
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88.81%
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Net Worth
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24.25%
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EBITDA
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477.53%
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What is the Ownership and Shareholding Structure of Horizon Polymer Engineering?

In 2023, Horizon Polymer Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹286,948,000.00

Satisfied Charges

₹193,331,000.00

Charges Breakdown by Lending Institutions
  • Others : 28.69 Cr
Latest Charge Details
Date Lender Amount Status
03 Mar 2023 Others ₹1.95 M Open
23 Aug 2021 Others ₹28.50 Cr Open
23 Aug 2021 Others ₹6.60 M Satisfied
31 Aug 2020 Sidbi ₹4.66 M Satisfied
15 Feb 2019 Canara Bank ₹9.16 Cr Satisfied

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How Many Employees Work at Horizon Polymer Engineering?

Horizon Polymer Engineering has a workforce of 77 employees as of Mar 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Horizon Polymer Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Horizon Polymer Engineering's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Horizon Polymer Engineering
Recent Activity within the Organization
  • Annual General Meeting

    The activity Horizon Polymer Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge registered on 31 Aug 2018 via Charge ID 100204013 with Canara Bank was fully satisfied on 23 Apr 2025. was completed.

  • Charges

    Progress on A charge registered on 31 Aug 2018 via Charge ID 100204018 with Canara Bank was fully satisfied on 23 Apr 2025. was documented.

  • Charges

    A charge registered on 31 Aug 2018 via Charge ID 100204023 with Canara Bank was fully satisfied on 23 Apr 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 31 Aug 2018 via Charge ID 100204051 with Canara Bank was fully satisfied on 23 Apr 2025. was completed.

  • Charges

    Progress on A charge with Others of Rs. 28.50 Cr registered on 23 Aug 2021 with Charge ID 100507421 was modified on 08 Apr 2025. was documented.

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Frequently Asked Questions
What is the CIN of Horizon Polymer Engineering Private Limited?

The CIN of Horizon Polymer Engineering Private Limited is U29259GJ1981PTC004456.

Where is Horizon Polymer Engineering Private Limited headquartered?

Horizon Polymer Engineering Private Limited is headquartered at C-1 B 1605 G I D Cchhatral, Mehsana, Gujarat, 382729.

When was Horizon Polymer Engineering Private Limited incorporated?

Horizon Polymer Engineering Private Limited was incorporated on 26 June 1981.

Who are the current directors of Horizon Polymer Engineering Private Limited?

The current directors of Horizon Polymer Engineering Private Limited are

What is the primary industry of Horizon Polymer Engineering Private Limited?

The primary industry of Horizon Polymer Engineering Private Limited is Manufacturing.

Is Horizon Polymer Engineering Private Limited a listed company?

Horizon Polymer Engineering Private Limited is unlisted.

What is the capital structure of Horizon Polymer Engineering Private Limited?

The authorized capital of Horizon Polymer Engineering Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.92 Cr.

What is the compliance status of Horizon Polymer Engineering Private Limited?

The compliance status of Horizon Polymer Engineering Private Limited is Compliant.

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