Navneet Polymers Private Limited
About Navneet Polymers Private Limited
Data last updated:
Navneet Polymers Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 10 July 1989.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PTC036893.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹39.51 Lakh. It was led by directors Mahavir Goel and Rakesh Goyal.
Its last annual general meeting (AGM) was held on 05 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 11/2 Ist Floor Punjabi Bagh Extn., New Delhi, Delhi, India – 110026.
As per the financials filed for FY 2022, the company reported a revenue of ₹75,250, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹2.86 Lakh (net margin -380.1%) and EBITDA of -₹2.84 Lakh (EBITDA margin -377.6%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 49% over five years.
Company details
Contact details
Navneet Polymers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11/2 Ist Floor Punjabi Bagh Extn., New Delhi, Delhi, India – 110026
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Navneet 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
Business activity
The main business activity of Navneet Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Navneet Polymers Private Limited
FY 2023 filings availableNavneet Polymers Private Limited reported revenue of ₹75,250 (down 66% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 49%. 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 | ₹75,250 | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.86 Lakh | ||||
| Balance Sheet | |||||
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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 | -377.6% | ||||
| Net Profit Margin | -380.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Navneet Polymers Private Limited, buy the company report.
Board of directors of Navneet Polymers Private Limited
Navneet Polymers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahavir Goel Also directs: Cube Buildwell LLP, Navneet Polymers LLP, Salasar Buildwell Private Limited and 1 more | Director | 04 Oct 2007 | 19 Years 1 Months | As last reported |
| Rakesh Goyal Also directs: Sanghraya Enterprise LLP, Navgaurang Merchantile LLP, Agarwalla Teak International Private Limited and 4 more | Director | 04 Oct 2007 | 19 Years 1 Months | As last reported |
Auditor
Navneet Polymers Private Limited is audited by O.P.GOYAL AND CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P.GOYAL AND CO. | FY 2022 | 002399N |
Shareholding
The shareholding of Navneet Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Navneet Polymers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Navneet Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Navneet Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Navneet Polymers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Navneet Polymers Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Mahavir Goel ceased to be Additional Director on 10 Feb 2014.
Frequently asked questions
Navneet Polymers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Navneet Polymers was a private limited company based in New Delhi, Delhi, India. The company worked in metal foundry and fabrication services, within the engineering industry. It was incorporated on 10 July 1989 and is registered under CIN U74899DL1989PTC036893. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Navneet Polymers is U74899DL1989PTC036893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navneet Polymers had 2 directors:
- Mahavir Goel - Director
- Rakesh Goyal - Director
Navneet Polymers was incorporated on 10 July 1989. It is registered with the Registrar of Companies, Delhi.
The registered office of Navneet Polymers is at 112 Ist Floor Punjabi Bagh Extn., New Delhi, Delhi, India – 110026.
The latest financial statements of Navneet Polymers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 05 August 2023. Year-wise statements from 2015 are in the company report.
Navneet Polymers operated in the engineering industry, in the metal foundry and fabrication services segment.
Mahavir Goel ceased to be Additional Director on 10 Feb 2014. Rakesh Goyal ceased to be Additional Director on 10 Feb 2014. Deep Chand Goel ceased to be Director on 15 Oct 2007. Navneet Polymers has 6 board changes on record in total.
The compliance status of Navneet Polymers is compliant as of 02 September 2026.
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