J.J. Polyplast Private Limited
About J.J. Polyplast Private Limited
Data last updated:
J.J. Polyplast Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Parakkott Investments India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the plastic-based products segment of the manufacturing sector. It was incorporated on 20 October 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1997PTC111395. Its GSTIN is 27AAACJ4050C1Z3 (Maharashtra). The company held 10 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.95 Cr. It was led by directors including Joseph John Parakkott (Managing Director) and Vijayachandran Govindan Menon.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at C – 206 2nd Floor Ghatkoparindl.Est Lbs Marg Ghatkopar (W), Mumbai, Maharashtra, India – 400084.
As per the financials filed for FY 2017, the company reported a revenue of ₹243.23 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Cr (net margin 0.7%) and EBITDA of ₹9.76 Cr (EBITDA margin 4%).
The company had about 41 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹15.3 Cr on record. Court records list 13 cases involving the company, including 12 filed by the company and 1 filed against it; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2016. Its 8 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Kineco Limited with revenue of ₹248.4 Cr.
Company details
CIN history
J.J. Polyplast has one previous CIN (Corporate Identification Number): U25200MH1997PLC111395. The current CIN is U25200MH1997PTC111395, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25200MH1997PTC111395 | Current |
| U25200MH1997PLC111395 | Previous |
Contact details
J.J. Polyplast Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 206 2nd Floor Ghatkoparindl.Est Lbs Marg Ghatkopar (W), Mumbai, Maharashtra, India – 400084
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of J.J. Polyplast 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 J.J. Polyplast 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 J.J. Polyplast Private Limited, buy the company report.
Financials of J.J. Polyplast Private Limited
FY 2017 filings availableJ.J. Polyplast Private Limited reported revenue of ₹243.23 Cr (down 11% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year. EBITDA fell 8% 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 | ₹243.23 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.76 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.78 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4% | ||
| Net Profit Margin | 0.7% | ||
| 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 J.J. Polyplast Private Limited, buy the company report.
Board of directors of J.J. Polyplast Private Limited
J.J. Polyplast has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayachandran Govindan Menon | Director | 30 Jun 2004 | 22 Years 3 Months | As last reported |
| Joseph John Parakkott | Managing Director | 20 Oct 1997 | 29 Years 0 Months | As last reported |
| Sanjesh Jinnalal Jain | Director | 10 Jun 2010 | 16 Years 4 Months | As last reported |
Peer comparison
J.J. Polyplast Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Kineco Limited | ₹248.4 Cr (FY 2025) | 38.0% | Goa, India | |||
| Paramount Polymers Private Limited | ₹248.05 Cr (FY 2025) | 13.0% | Delhi, India | |||
| Evershine Moulders Limited | ₹246.51 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Unitech Plasto Components Private Limited | ₹245.53 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India | |||
| J.J. Polyplast Private Limitedthis company | ₹243.23 Cr (FY 2017) | ₹1.78 Cr | 0.7% | -11.0% | 41 | Mumbai, Maharashtra, India |
| SNJ Synthetics Limited | ₹243.08 Cr (FY 2025) | 9.0% | R.C.Puram, Telangana, India | |||
| Premier Seals (India) Private Limited | ₹238.49 Cr (FY 2025) | 6.0% | Pune, Maharashtra, India | |||
| Padmey Impex Private Limited | ₹230.54 Cr (FY 2017) | 1.0% | Mumbai, Maharashtra, India | |||
| Narendra Plastic Private Limited (Part IX) | ₹228.94 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of J.J. Polyplast Private Limited, buy the company report.
Auditor
J.J. Polyplast Private Limited is audited by R DEVARAJAN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R DEVARAJAN & CO | FY 2017 | 102415W |
Shareholding
The shareholding of J.J. Polyplast 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 J.J. Polyplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2015 | 10589097 | Standard Chartered Bank | ₹5.4 Cr | Satisfied | |
| 04 Feb 2012 | 10339548 | Union Bank of India | ₹5 Cr | Satisfied | |
| 12 Mar 2007 | 10048226 | The Saraswat Co-Op Bank Ltd | ₹3 Cr | Satisfied | |
| 09 Mar 2002 | 90152119 | Union Bank of India | ₹50 Lakh | Satisfied | |
| 18 Jun 2001 | 90152082 | Union Bank of India | ₹1.25 Cr | Satisfied |
To see the full charge records of J.J. Polyplast Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
J.J. Polyplast Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Parakkott Investments Indai Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
J.J. Polyplast Private Limited has 13 court cases on record: 12 filed by J.J. Polyplast, 1 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 1 |
| District courts | 6 | 1 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Aishwarya Plast Exports Private Ltd. and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Plastochem International LLC and 2 Ors | Pending |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Anr | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Atul Satsangi, Prop. of M-S. Excell Corporation | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against individuals | Disposed |
To see the full case history of J.J. Polyplast 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 J.J. Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
J.J. Polyplast Private Limited has a workforce of 41 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
J.J. Polyplast has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACJ4050C1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 24AAACJ4050C1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of J.J. Polyplast Private Limited, buy the company report.
Recent activity
J.J. Polyplast Private Limited has 7 board changes on record since 1997: 4 appointments and 3 cessations. The latest: Sanjesh Jinnalal Jain ceased to be Additional Director on 21 Sep 2012.
10 earlier events are in the company report.
Frequently asked questions
J.J. Polyplast 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.
J.J. Polyplast was a private limited company based in Mumbai, Maharashtra, India. The company worked in plastic-based products, within the manufacturing industry. It was incorporated on 20 October 1997 and is registered under CIN U25200MH1997PTC111395. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
J.J. Polyplast was incorporated on 20 October 1997. It is registered with the Registrar of Companies, Mumbai.
J.J. Polyplast had 3 directors:
- Joseph John Parakkott - Managing Director
- Vijayachandran Govindan Menon - Director
- Sanjesh Jinnalal Jain - Director
The CIN (Corporate Identification Number) of J.J. Polyplast is U25200MH1997PTC111395. 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 J.J. Polyplast is at C – 206 2nd Floor Ghatkoparindl.Est Lbs Marg Ghatkopar W, Mumbai, Maharashtra, India – 400084.
The latest financial statements of J.J. Polyplast on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of J.J. Polyplast is 27AAACJ4050C1Z3, registered in Maharashtra. The company has 10 GST registrations in all, of which 2 are active and 8 are cancelled or inactive. Other active GSTINs include 24AAACJ4050C1Z9 (Gujarat).
J.J. Polyplast operated in the manufacturing industry, in the plastic-based products segment.
J.J. Polyplast has 1 deal on record (1 secondary share transfer); the latest was in March 2016.
The peers of J.J. Polyplast by revenue are Kineco Limited, Paramount Polymers Private Limited, Evershine Moulders Limited, Unitech Plasto Components Private Limited, SNJ Synthetics Limited and 3 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).