Ideal Rubber Pvt Ltd
About Ideal Rubber Pvt Ltd
Data last updated:
Ideal Rubber Pvt Ltd was a private limited company based in Kottayam, Kerala, 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 non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 11 September 1979.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U25191KL1979PTC003101. Its GSTIN is 32AAACI4622F1Z5 (Kerala).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It was led by directors Varkey Varughese and Ebi Abraham.
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Midas Marketing Building Varisserry Mariathuruthu P.O., Kottayam, Kerala, India – 686027.
As per the financials filed for FY 2022, the company reported a revenue of ₹21.89 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹15.01 Lakh (net margin 68.6%) and EBITDA of ₹20.88 Lakh (EBITDA margin 95.4%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 30% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹15 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Company details
Contact details
Ideal Rubber Pvt Ltd's registered office is in Kottayam, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMidas Marketing Building Varisserry Mariathuruthu P.O., Kottayam, Kerala, India – 686027
- IndustryPlastics, Non-Metallic Mineral Products, Rubber Products, Fabricated Metal Products, Plastic Products
To see the full contact details of Ideal Rubber Pvt Ltd, 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
Financials of Ideal Rubber Pvt Ltd
FY 2022 filings availableIdeal Rubber Pvt Ltd reported revenue of ₹21.89 Lakh (up 3% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 30%. EBITDA rose 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹20.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.01 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 95.4% | ||||
| Net Profit Margin | 68.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ideal Rubber Pvt Ltd, buy the company report.
Board of directors of Ideal Rubber Pvt Ltd
Ideal Rubber 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 |
|---|---|---|---|---|
| Varkey Varughese Also directs: Panampunna Estates Private Limited, Standard Treads Pvt Ltd, Anchor Treads Pvt Ltd and 5 more | Director | 01 Jul 2003 | 23 Years 3 Months | As last reported |
| Ebi Abraham | Director | 02 Dec 1991 | 34 Years 10 Months | As last reported |
Peer comparison
Ideal Rubber Pvt Ltd is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Rubber), 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 |
|---|---|---|---|---|---|---|
| Dindi Rubber Private Limited | ₹22.27 Lakh (FY 2024) | 73.0% | Hyderabad, Telangana, India | |||
| Tarini Rubber Industries Pvt Ltd | ₹22.26 Lakh (FY 2025) | 261.0% | Balasore, Odisha, India | |||
| Pelican Rubber Limited | ₹22.1 Lakh (FY 2021) | Telangana, India | ||||
| Ideal Rubber Pvt Ltdthis company | ₹21.89 Lakh (FY 2022) | ₹15.01 Lakh | 68.6% | 3.0% | 1 | Kottayam, Kerala, India |
| Chokhani Plastics P Ltd | ₹21.48 Lakh (FY 2024) | 887.0% | Mumbai, Maharashtra, India | |||
| Silverstone Elastomers Private Limited | ₹21.16 Lakh (FY 2025) | -89.0% | Thiruvananthapuram, Kerala, India | |||
| Super Corporation Limited | ₹20.16 Lakh (FY 2025) | 40.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Ideal Rubber Pvt Ltd, buy the company report.
Auditor
Ideal Rubber Pvt Ltd is audited by KOSHY AND MANI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOSHY AND MANI | FY 2017 | 001430S |
Shareholding
The shareholding of Ideal Rubber Pvt Ltd 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 Ideal Rubber Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Aug 1993 | 90016060 | Union Bank of India | ₹15 Lakh | Satisfied |
To see the full charge records of Ideal Rubber Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ideal Rubber Pvt Ltd has 4 court cases on record: 3 filed by Ideal Rubber, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kochi | Interim or miscellaneous application | Filed against the company by Official Liquidator | Disposed |
| NCLT, Kochi | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kochi | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Ideal Rubber Pvt Ltd, 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 Ideal Rubber Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ideal Rubber Pvt Ltd has a workforce of 1 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Ideal Rubber has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACI4622F1Z5 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ideal Rubber Pvt Ltd, buy the company report.
Recent activity
Ideal Rubber Pvt Ltd has 3 board changes on record since 1991: 2 appointments and 1 cessation. The latest: Somasekaran Nair Parameswaran Kartha ceased to be Director on 02 Feb 2016.
Frequently asked questions
Ideal Rubber 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.
Ideal Rubber was a private limited company based in Kottayam, Kerala, India. The company worked in non-metallic mineral products, within the plastics industry. It was incorporated on 11 September 1979 and is registered under CIN U25191KL1979PTC003101. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ideal Rubber was incorporated on 11 September 1979. It is registered with the Registrar of Companies, Ernakulam.
Ideal Rubber had 2 directors:
- Varkey Varughese - Director
- Ebi Abraham - Director
The CIN (Corporate Identification Number) of Ideal Rubber is U25191KL1979PTC003101. 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 Ideal Rubber is at Midas Marketing Building Varisserry Mariathuruthu P.O., Kottayam, Kerala, India – 686027.
The latest financial statements of Ideal Rubber on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Ideal Rubber is 32AAACI4622F1Z5, registered in Kerala.
Ideal Rubber operated in the plastics industry, in the non-metallic mineral products segment.
The peers of Ideal Rubber by revenue are Dindi Rubber Private Limited, Tarini Rubber Industries Pvt Ltd, Pelican Rubber Limited, Chokhani Plastics P Ltd, Silverstone Elastomers Private Limited and 1 more, all in the Manufacturing industry (Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ideal Rubber has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the nclt.