- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-01-0022416

About Indiana Polymers Private Limited
Data last updated:
Indiana Polymers Private Limited is a private limited company based in Alappuzha, Kerala, India, a subsidiary of William Goodacre And Sons India Private Ltd. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 10 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85110KL1988PTC063861. Its GSTIN is 32AAACI4799M3Z2 (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹79.03 Lakh. It is led by directors including Ashok Venugopal and Vivek Venugopal Venugopal.
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 Xviii/1146 Revi Karunakaran Road Pb No 4606, Alappuzha, Kerala, India – 688012.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.47 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Cr (net margin -29.2%) and EBITDA of -₹1.34 Cr (EBITDA margin -20.7%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 478% over five years.
As per MCA filings, the company has satisfied charges of ₹1.55 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Indiana Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-01-0022416). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianapolymers.com.
Company details
CIN history
Indiana Polymers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110KL1988PTC063861, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KL1988PTC063861 | Current |
| U25111KA1988PTC009511 | Previous |
| U85110KA1988PTC009511 | Previous |
Recognitions & Rankings of Indiana Polymers
Contact details
Indiana Polymers Private Limited's registered office is in Alappuzha, Kerala. Its website is indianapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressXviii/1146 Revi Karunakaran Road Pb No 4606, Alappuzha, Kerala, India – 688012
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Indiana Polymers 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
Financials of Indiana Polymers Private Limited
FY 2024 filings availableIndiana Polymers Private Limited reported revenue of ₹6.47 Cr (up 47% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 478% over five years, including 47% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.47 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.89 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.7% | ||||
| Net Profit Margin | -29.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Indiana Polymers Private Limited, buy the company report.
Board of directors of Indiana Polymers Private Limited
Indiana Polymers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Venugopal Also directs: Karinos Weave Private Limited, William Goodacre and Sons India Private Ltd, Karan and Ueda Carpet Private Limited and 3 more | Director | 03 Jun 2019 | 7 Years 5 Months | Current |
| Vivek Venugopal Venugopal Also directs: Karinos Weave Private Limited, William Goodacre and Sons India Private Ltd, Karan and Ueda Carpet Private Limited and 4 more | Director | 29 Feb 2016 | 10 Years 8 Months | Current |
| Abraham Thomas | Director | 10 Oct 1988 | 38 Years 0 Months | Current |
Auditor
Indiana Polymers Private Limited is audited by VARMA AND VARMA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARMA AND VARMA | FY 2022 | 004532S |
Shareholding
The shareholding of Indiana 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 Indiana Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2010 | 10222365 | State Bank of Mysore | ₹5 Lakh | Satisfied | |
| 20 Apr 2010 | 10222371 | State Bank of Mysore | ₹80 Lakh | Satisfied | |
| 15 Sep 2004 | 90194555 | State Bank of Mysore | ₹30 Lakh | Satisfied | |
| 03 Oct 2003 | 90194496 | State Bank of Travancore | ₹2.13 Lakh | Satisfied | |
| 14 Aug 1998 | 90191979 | State Bank of Mysore | ₹10 Lakh | Satisfied |
To see the full charge records of Indiana Polymers Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Indiana Polymers Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kottayam, Kerala | Court case (Restor.Ptn) | Filed against the company by individuals | Pending |
| District court, Kottayam, Kerala | Commercial suit | Filed against the company by individuals | Disposed |
To see the full case history of Indiana Polymers 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 Indiana Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indiana Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACI4799M3Z2 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indiana Polymers Private Limited, buy the company report.
Recent activity
Indiana Polymers Private Limited has 8 board changes on record since 1988: 3 appointments and 5 cessations. The latest: Ashok Venugopal ceased to be Additional Director on 26 Jun 2019.
17 earlier events are in the company report.
Frequently asked questions
Indiana Polymers is an active private limited company based in Alappuzha, Kerala, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 10 October 1988 (38+ years old) and is registered under CIN U85110KL1988PTC063861.
Indiana Polymers has 3 current directors:
- Ashok Venugopal - Director
- Vivek Venugopal Venugopal - Director
- Abraham Thomas - Director
The latest financial statements of Indiana 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 Indiana Polymers is 32AAACI4799M3Z2, registered in Kerala. 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 Indiana Polymers is U85110KL1988PTC063861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiana Polymers has 2 court cases on record: 2 filed against it. 1 is pending.
Indiana Polymers was incorporated on 10 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ashok Venugopal ceased to be Additional Director on 26 Jun 2019. Abraham Thomas ceased to be Managing Director on 03 Jun 2019. Ashok Venugopal was appointed as Director on 03 Jun 2019. Indiana Polymers has 8 board changes on record in total.
Yes, Indiana Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-KL-01-0022416).
Indiana Polymers can be reached through the website indianapolymers.com. Its registered office is in Alappuzha, Kerala, India.

