About Dex-Vin Polymers Private Limited
Data last updated:
Dex-Vin Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 25 June 1990.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1990PTC057006. Its GSTIN is 27AAACD5900H1ZY (Maharashtra).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹61.87 Lakh. It is led by directors Laxmi S Sharma and Meena Padmanabha Sharma.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Office No 6 6A New Excelsior Building Wallace Street A.K. Naik Marg Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2015, the company reported a revenue of ₹281.45 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹4.05 Cr (net margin 1.4%) and EBITDA of ₹14.55 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
As per MCA filings, the company has open charges of ₹194.28 Cr and satisfied charges of ₹1.3 Cr on record. Court records list 103 cases involving the company, including 31 filed by the company and 72 filed against it; 37 cases are pending.
The last known website on record is dex-vin.com.
Company details
Contact details
Dex-Vin Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its website is dex-vin.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice No 6 6A New Excelsior Building Wallace Street A.K. Naik Marg Fort, Mumbai, Maharashtra, India – 400001
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Dex-Vin 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 Dex-Vin Polymers Private Limited
FY 2019 filings availableDex-Vin Polymers Private Limited reported revenue of ₹281.45 Cr (up 36% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over three years, including 36% growth in the latest year. EBITDA rose 21% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹281.45 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹14.55 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹4.05 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 5.2% |
| Net Profit Margin | 1.4% |
| 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 Dex-Vin Polymers Private Limited, buy the company report.
Board of directors of Dex-Vin Polymers Private Limited
Dex-Vin Polymers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi S Sharma | Director | 20 Mar 2004 | 22 Years 7 Months | As last reported |
| Meena Padmanabha Sharma | Director | 25 Jun 1990 | 36 Years 4 Months | As last reported |
Auditor
Dex-Vin Polymers Private Limited is audited by N C SHAH & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C SHAH & CO | FY 2015 | 109693W |
Shareholding
The shareholding of Dex-Vin Polymers Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dex-Vin Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Apr 2011 | 10287053 | Bank of India | ₹1 Cr | Open | |
| 10 Dec 2003 | 90159196 | Bank of India | ₹96.4 Cr | Open | |
| 26 Sep 2003 | 90159183 | Bank of India | ₹96.4 Cr | Open | |
| 23 Jan 1997 | 90160455 | Maharashtra State Financial Corporation | ₹23 Lakh | Open | |
| 28 Oct 1996 | 90159569 | Development Credit Bank Ltd. | ₹15.5 Lakh | Open |
To see the full charge records of Dex-Vin Polymers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Dex-Vin Polymers Private Limited has 103 court cases on record: 31 filed by Dex-Vin Polymers, 72 filed against it. 37 cases are pending and 66 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 88 | 67 | 33 |
| High courts | 15 | 5 | 4 |
Cases on record (5 of 103)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by Deepblue Logistics International Pvt Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Cma CGM Logistics India Pvt Ltd | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Shiva Pharmachem Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Nayakem Organics Private Limited | Pending |
To see the full case history of Dex-Vin 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 Dex-Vin Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dex-Vin Polymers Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Dex-Vin Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD5900H1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dex-Vin Polymers Private Limited, buy the company report.
Recent activity
Dex-Vin Polymers Private Limited has 2 board changes on record since 1990: 2 appointments. The latest: Laxmi S Sharma was appointed as Director on 20 Mar 2004.
9 earlier events are in the company report.
Frequently asked questions
Dex-Vin Polymers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Dex-Vin Polymers is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 25 June 1990 and is registered under CIN U17120MH1990PTC057006. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Dex-Vin Polymers has 2 current directors:
- Laxmi S Sharma - Director
- Meena Padmanabha Sharma - Director
The latest financial statements of Dex-Vin Polymers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Dex-Vin Polymers is U17120MH1990PTC057006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dex-Vin Polymers has open charges of ₹194.28 Cr and satisfied charges of ₹1.3 Cr as per latest MCA filings.
Dex-Vin Polymers has 103 court cases on record: 31 filed by the company and 72 filed against it. 37 are pending. Most are in the district courts.
Dex-Vin Polymers was incorporated on 25 June 1990. It is registered with the Registrar of Companies, Mumbai.
Laxmi S Sharma was appointed as Director on 20 Mar 2004. Meena Padmanabha Sharma was appointed as Director on 25 Jun 1990.
Dex-Vin Polymers can be reached through the website dex-vin.com. Its registered office is in Mumbai, Maharashtra, India.