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Lg Polymers India Private Limited - Company Profile

It is a manufacturing private limited company based in Chittoor, Andhra Pradesh, India, established in 1996.

1996 | Chittoor, Andhra Pradesh, India | Active
Last Updated:

About Lg Polymers India Private Limited

Lg Polymers India Private Limited, a active private limited company, was established on 10 December 1996 in Chittoor, Andhra Pradesh, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U25203AP1996PTC025917. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹560.00 Cr and a paid-up capital of ₹538.56 Cr.

It upholds a compliant status. Employing 75 professional, Its leadership includes Wonkyun Lee (Managing Director), Rama Krishna Pasala (Additional Director). Past directors included Sunkey Jeong, Sung Woon Lee, Kyu Seok Sim. It holds ₹202.25 Cr open charges and ₹557.64 Cr settled loans. Its latest AGM occurred on 30 June 2024, with the balance sheet filed on 31 December 2023. It is based at Plot No.8345, Sri City Post Office,, Appaiahpalem Village, Satyavedu, Chittoor, Andhra Pradesh, 517646.

Company Details

  • CIN/LLPIN

    U25203AP1996PTC025917

  • Registration Number

    025917

  • Incorporation Date

    10 December 1996

  • Authorized Capital

    ₹560.00 Cr

  • Paid-Up Capital

    ₹538.56 Cr

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 560.00 Cr
  • Paid Up Capital ₹ 538.56 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Dec 2023
  • Open Charges ₹ 202.25 Cr
  • Satisfied Charges ₹ 557.64 Cr
  • Revenue Growth -45.70%
  • Profit Growth -55.33%
  • Ebitda -34.29%
  • Net Worth 27.38%
  • Total Assets 63.71%
Company report

Lg Polymers India Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Lg Polymers India 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 Lg Polymers India Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Wonkyun LeeManaging Director09 Jan 2024Current
Rama Krishna PasalaAdditional Director24 Dec 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director21 Jan 2019Past
Pramod AbcsddManaging Director12 Feb 2015Past
Pramod AbcsddDirector16 Jun 2016Past
Pramod AbcsddManaging Director01 Dec 2018Past
Pramod AbcsddDirector05 Feb 2015Past
Pramod AbcsddDirector24 Mar 2011Past

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Financial Performance of Lg Polymers India.

Lg Polymers India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.7% decrease. The company also saw a substantial fall in profitability, with a 55.33% decrease in profit. The company's net worth Soared by an impressive increase of 27.38%.

Lg Polymers India revenue growth over time
Lg Polymers India profit and loss trends over time
  • 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
-45.70%
Revenue from Operations
-100.00%
Total Assets
63.71%
Profit or Loss
-55.33%
Net Worth
27.38%
EBITDA
-34.29%

What is the Ownership and Shareholding Structure of Lg Polymers India?

In 2022, Lg Polymers India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹2,022,500,000.00

Satisfied Charges

₹5,576,400,000.00

Charges Breakdown by Lending Institutions

  • Icic Bank Limited : 75.00 Cr
  • Icici Bank Limited : 45.00 Cr
  • Bank Of America Nt & Sa; : 38.25 Cr
  • Anz Grindlays Bank : 34.00 Cr
  • Icici Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2003Icic Bank Limited₹75.00 CrOpen
22 Jul 1999Icici Bank Limited₹45.00 CrOpen
18 Feb 1999Bank Of America Nt & Sa;₹19.13 CrOpen
18 Feb 1999Bank Of America Nt & Sa;₹19.13 CrOpen
16 Jul 1998Icici Limited₹10.00 CrOpen

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How Many Employees Work at Lg Polymers India?

Lg Polymers India has a workforce of 75 employees as of Apr 08, 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 growth trends for Lg Polymers India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lg Polymers India, 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 Lg Polymers India's trajectory.

Rating

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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.

Latest Updates, News, and FAQs on Lg Polymers India

Recent Activity within the Organization

  • Director Appointment

    Rama Krishna Pasala was appointed as a Additional Director was appointed as a Additional Director on 24 Dec 2024 & has been associated with this company since 11 months 8 days . was recorded as a recent event.

  • Director Appointment

    The activity Ishita Dua was appointed as a Company Secretary was appointed as a Company Secretary on 03 Dec 2024 & has been associated with this company since 11 months 29 days . was completed.

  • Annual General Meeting

    The activity Lg Polymers India Private Limited last Annual general meeting of members was held on 30 Jun 2024 as per latest MCA records. was completed.

  • Director Appointment

    Wonkyun Lee was appointed as a Managing Director was appointed as a Managing Director on 09 Jan 2024 & has been associated with this company since 1 year 10 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Lg Polymers India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Vijayawada. was documented.

  • Charges

    The activity A charge registered on 07 May 2010 via Charge ID 10218355 with Standard Chartered Bank was fully satisfied on 09 Feb 2022. was completed.

Frequently Asked Questions

  • What is the CIN of Lg Polymers India Private Limited?

    The CIN of Lg Polymers India Private Limited is U25203AP1996PTC025917.

  • Where is Lg Polymers India Private Limited headquartered?

    Lg Polymers India Private Limited is headquartered at Plot No.8345, Sri City Post Office,, Appaiahpalem Village, Satyavedu, Chittoor, Andhra Pradesh, 517646.

  • When was Lg Polymers India Private Limited incorporated?

    Lg Polymers India Private Limited was incorporated on 10 December 1996.

  • Who are the current directors of Lg Polymers India Private Limited?

    The current directors of Lg Polymers India Private Limited are

  • What is the primary industry of Lg Polymers India Private Limited?

    The primary industry of Lg Polymers India Private Limited is Manufacturing.

  • Is Lg Polymers India Private Limited a listed company?

    Lg Polymers India Private Limited is unlisted.

  • What is the capital structure of Lg Polymers India Private Limited?

    The authorized capital of Lg Polymers India Private Limited is ₹560.00 Cr, and the paid-up capital is ₹538.56 Cr.

  • What is the compliance status of Lg Polymers India Private Limited?

    The compliance status of Lg Polymers India Private Limited is Compliant.

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