Opal Polymers Private Limited

Opal Polymers Private Limited - consumer goods in Bahadurgarh, Haryana, India. Directors, charges & compliance details.
CIN U74999HR2007PTC073452 Incorporated 09 March 2007 ROC Delhi HQ Bahadurgarh, Haryana, India
Merged Private Limited Company consumer goods
Data last updated
Revenue · FY 2018
₹88.29 Cr
▲ 2% YoY
Net profit · FY 2018
₹1.49 Cr
Net margin 1.7%
EBITDA · FY 2018
₹6.51 Cr
EBITDA margin 7.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹82.04 Lakh
Issued & subscribed
Satisfied charges
₹15 Cr
No open charges
Company age
19 yrs
Est. 2007
Employees · EPFO
39
Provident fund records

About Opal Polymers Private Limited

Data last updated:

Opal Polymers Private Limited was a private limited company based in Bahadurgarh, Haryana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 09 March 2007.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2007PTC073452. Its GSTIN is 06AABCO1880A1ZX (Haryana). The company held 3 GST registrations, of which 2 are active.

The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.04 Lakh. It was led by directors including Avichal Gupta (Whole-Time Director) and Dinesh Mittal.

Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Plot No.308 Sector – 17 Hsiidc, Bahadurgarh, Haryana, India – 124507.

As per the financials filed for FY 2018, the company reported a revenue of ₹88.29 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 1.7%) and EBITDA of ₹6.51 Cr (EBITDA margin 7.4%).

The company had about 39 employees on its provident fund (EPFO) records before it was dissolved.

As per MCA filings, the company had satisfied charges of ₹15 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.

The last known website on record is acqualiteindia.com.

Company Details of Opal Polymers Private Limited
CIN U74999HR2007PTC073452
Registration Number 073452
Incorporation Date 09 March 2007
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 28 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No.308 Sector – 17 Hsiidc, Bahadurgarh, Haryana, India – 124507
  • Industry
    Consumer Goods, Footwear Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Opal Polymers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Opal Polymers Private Limited

The main business activity of Opal Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
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Financials of Opal Polymers Private Limited FY 2018 filings available

Opal Polymers Private Limited reported revenue of ₹88.29 Cr (up 2% YoY) for FY 2018.

Revenue · FY 2018
₹88.29 Cr ▲ 2%
Net profit · FY 2018
₹1.49 Cr margin 1.7%
EBITDA · FY 2018
₹6.51 Cr margin 7.4%

Compounded Annual Growth Rate (CAGR) of Opal Polymers Private Limited

Revenue CAGR growth
1 year
▲ 2%
EBITDA CAGR growth
1 year
▲ 10%

Revenue rose 2% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Opal Polymers Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹88.29 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹6.51 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹1.49 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 of Opal Polymers Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin7.4%••••••••••••
Net Profit Margin1.7%••••••••••••
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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Opal Polymers are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Opal Polymers Private Limited

Opal Polymers Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers, Polymers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Fcoms Shoe International Private Limited₹91.97 Cr (FY 2025)••••••••17.0%••••Calicut, Kerala, India
Mansi Polymers Pvt Ltd₹91.11 Cr (FY 2025)••••••••-16.0%••••D-Mehsana, Gujarat, India
Venus Footarts Limited₹90.89 Cr (FY 2025)••••••••-5.0%••••Sikar, Rajasthan, India
New Bengal Footwears Private Limited₹89.25 Cr (FY 2024)••••••••-5.0%••••Kolkata, West Bengal, India
A K D Polymers Private Limited₹88.67 Cr (FY 2025)••••••••8.0%••••New Delhi, Delhi, India
Opal Polymers Private Limited this company₹88.29 Cr (FY 2018)••••••••2.0%••••Bahadurgarh, Haryana, India
Repetro Polymers Private Limited₹88.16 Cr (FY 2025)••••••••47.0%••••Delhi, India
Spario Private Limited₹87.91 Cr (FY 2025)••••••••155.0%••••Delhi, India
SSF Polymers Private Limited₹87.83 Cr (FY 2025)••••••••-5.0%••••Delhi, India
Veekesy Elastomers Private Limited₹87.77 Cr (FY 2025)••••••••5.0%••••Kozhikode, Kerala, India
Bhudeva Polymers Private Limited₹87.61 Cr (FY 2025)••••••••693.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Opal Polymers by revenue in the Consumer Products industry (Footwear Manufacturers, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Opal Polymers Private Limited

Opal Polymers Private Limited is audited by G S K & ASSOCIATES LLP for the financial year 2018.

NameStatusAppointment DateCessation Date
G S K & ASSOCIATES LLPLockedLockedLocked
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Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Opal Polymers Private Limited

Opal Polymers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Dinesh MittalDirector12 Jan 20179 Years 8 MonthsAs last reported
Avichal GuptaWhole-Time Director01 Jul 201412 Years 3 MonthsAs last reported
Anil KumarDirector09 Mar 200719 Years 6 MonthsAs last reported
Aviral GuptaDirector09 Mar 200719 Years 6 MonthsAs last reported
Davinder KumarDirector15 Oct 201312 Years 11 MonthsAs last reported

Ownership and Shareholding of Opal Polymers Private Limited

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Charges & Borrowings of Opal Polymers Private Limited

Open charges
None
Satisfied charges
₹15 Cr
Breakdown by lending institutions
Reliance Home Finance Limited₹8.00 Cr
Others₹7.00 Cr
Latest charge details
DateLenderAmountStatus
21 Jan 2017Others₹7 CrSatisfied
28 Oct 2014Reliance Home Finance Limited₹8 CrSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Opal Polymers Private Limited

Opal Polymers Private Limited has a workforce of 39 employees as of Apr 04, 2024.

Employee count
39
Active EPFO establishments
1
Employee growth
-15.22%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Opal Polymers Private Limited

Opal Polymers has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.

1
Associated companies

CIN History of Opal Polymers Private Limited

Opal Polymers has one previous CIN (Corporate Identification Number): U74999DL2007PTC160342. The current CIN is U74999HR2007PTC073452, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999HR2007PTC073452Current
U74999DL2007PTC160342Previous

Recent Activity on Opal Polymers Private Limited

Opal Polymers Private Limited has 8 board changes on record since 2007: 5 appointments and 3 cessations. The latest: Dinesh Mittal ceased to be Additional Director on 28 Sep 2017.

AGM
Opal Polymers Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Charges
A charge registered on 21 Jan 2017 via Charge ID 100086266 with Others was fully satisfied on 08 May 2018.
Filing
Opal Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Delhi.
Ceased
Dinesh Mittal ceased to be Additional Director.
Ceased
Avichal Gupta ceased to be Director.
Charges
A charge registered on 28 Oct 2014 via Charge ID 10534866 with Reliance Home Finance Limited was fully satisfied on 23 May 2017.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100086266 was registered on 21 Jan 2017.
Appointed
Dinesh Mittal was appointed as Director.
Ceased
Parmeshwar Dayal Lakhani ceased to be Director.
Charges
A charge with Reliance Home Finance Limited amounted to Rs. 8.00 Cr with Charge ID 10534866 was registered on 28 Oct 2014.
Appointed
Avichal Gupta was appointed as Whole-Time Director.
Appointed
Davinder Kumar was appointed as Director.

3 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Opal Polymers Private Limited

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MSME Payment Delays by Opal Polymers Private Limited

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Subsidiaries & Group Companies of Opal Polymers Private Limited

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Corporate group structure

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GST Compliance of Opal Polymers Private Limited

Opal Polymers has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AABCO1880A1ZXHaryanaActive01 Jul 2017
05AABCO1880A1ZZUttarakhandActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Opal Polymers Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Opal Polymers Private Limited

Opal Polymers 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.

Opal Polymers was a private limited company based in Bahadurgarh, Haryana, India. The company worked in footwear manufacturing, within the consumer goods industry. It was incorporated on 09 March 2007 and is registered under CIN U74999HR2007PTC073452. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Opal Polymers was incorporated on 09 March 2007. It is registered with the Registrar of Companies, Delhi.

Opal Polymers had 5 directors:

The CIN (Corporate Identification Number) of Opal Polymers is U74999HR2007PTC073452. 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 Opal Polymers is at Plot No.308 Sector – 17 Hsiidc, Bahadurgarh, Haryana, India – 124507.

Opal Polymers can be reached through the website acqualiteindia.com. Its registered office is in Bahadurgarh, Haryana, India.

Opal Polymers reported revenue of ₹88.29 Cr for FY 2018 (up 2% YoY).

Opal Polymers has an authorised share capital of ₹1 Cr and a paid-up capital of ₹82.04 Lakh.

Opal Polymers reported a net profit of ₹1.49 Cr (net margin 1.7%) and EBITDA of ₹6.51 Cr (EBITDA margin 7.4%) for FY 2018, as per its filed financial statements.

The GSTIN of Opal Polymers is 06AABCO1880A1ZX, registered in Haryana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 05AABCO1880A1ZZ (Uttarakhand).

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