Indiana Polymers Private Limited

Indiana Polymers Private Limited - manufacturing in Alappuzha, Kerala, India. FY 2026 financials & compliance.
CIN U85110KL1988PTC063861 Incorporated 10 October 1988 ROC Ernakulam HQ Alappuzha, Kerala, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2022
₹6.47 Cr
▲ 47% YoY
Net loss · FY 2022
₹1.89 Cr
Net margin -29.2%
EBITDA · FY 2022
-₹1.34 Cr
EBITDA margin -20.7%
Authorised capital
₹90 Lakh
Registered with MCA
Paid-up capital
₹79.03 Lakh
Issued & subscribed
Satisfied charges
₹1.55 Cr
No open charges
Company age
38 yrs
Est. 1988
Directors on board
3
As per MCA filings

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 U85110KL1988PTC063861
Registration Number 063861
Incorporation Date 10 October 1988
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company William Goodacre And Sons India Private Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-01-0022416

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.

CINStatus
U85110KL1988PTC063861Current
U25111KA1988PTC009511Previous
U85110KA1988PTC009511Previous

Recognitions & Rankings of Indiana Polymers

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-KL-01-0022416

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
  • Registered Address
    Xviii/1146 Revi Karunakaran Road Pb No 4606, Alappuzha, Kerala, India – 688012
  • Industry
    Manufacturing, Rubber-Based Products

To see the full contact details of Indiana Polymers Private Limited, buy the company report.

Comprehensive company report
Indiana Polymers Private Limited - one report that includes everything
  • 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
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Financials of Indiana Polymers Private Limited

FY 2024 filings available

Indiana Polymers Private Limited reported revenue of ₹6.47 Cr (up 47% YoY) for FY 2022.

Revenue · FY 2022
₹6.47 Cr ▲ 47%
Net loss · FY 2022
₹1.89 Cr margin -29.2%
EBITDA · FY 2022
-₹1.34 Cr margin -20.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 45%
5 years · compounded
▲ 478%

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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹6.47 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.34 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.89 Cr
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 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)
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashok VenugopalDirector03 Jun 20197 Years 5 MonthsCurrent
Vivek Venugopal VenugopalDirector29 Feb 201610 Years 8 MonthsCurrent
Abraham ThomasDirector10 Oct 198838 Years 0 MonthsCurrent

Auditor

Indiana Polymers Private Limited is audited by VARMA AND VARMA for the financial year 2022.

Auditor firmFinancial yearFirm registration number
VARMA AND VARMAFY 2022004532S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
None
Satisfied charges
₹1.55 Cr
Breakdown by lending institutions
State Bank of Mysore₹1.25 Cr
State Bank of Travancore₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Apr 201010222365State Bank of Mysore₹5 LakhSatisfied
20 Apr 201010222371State Bank of Mysore₹80 LakhSatisfied
15 Sep 200490194555State Bank of Mysore₹30 LakhSatisfied
03 Oct 200390194496State Bank of Travancore₹2.13 LakhSatisfied
14 Aug 199890191979State Bank of Mysore₹10 LakhSatisfied

To see the full charge records of Indiana Polymers Private Limited, buy the company report.

Total charge records: 7 View all charges

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.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
32AAACI4799M3Z2KeralaActive01 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.

AGM
Indiana Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Indiana Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Ashok Venugopal ceased to be Additional Director.
Ceased
Abraham Thomas ceased to be Managing Director.
Appointed
Ashok Venugopal was appointed as Director.
Ceased
Sujith Kochett Jacob ceased to be Director.
Charges
A charge registered on 05 Oct 1990 via Charge ID 90190675 with State Bank Of Travancore was fully satisfied on 21 Apr 2016.
Charges
A charge registered on 20 Apr 2010 via Charge ID 10222365 with State Bank Of Mysore was fully satisfied on 15 Apr 2016.
Charges
A charge registered on 03 Oct 2003 via Charge ID 90194496 with State Bank Of Travancore was fully satisfied on 15 Apr 2016.
Charges
A charge registered on 14 Aug 1998 via Charge ID 90194179 with State Bank Of Travancore was fully satisfied on 15 Apr 2016.
Charges
A charge registered on 14 Aug 1998 via Charge ID 90191979 with State Bank Of Mysore was fully satisfied on 15 Apr 2016.
Charges
A charge registered on 20 Apr 2010 via Charge ID 10222371 with State Bank Of Mysore was fully satisfied on 31 Mar 2016.

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:

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.