Padma Polytex India Private Limited
About Padma Polytex India Private Limited
Data last updated:
Padma Polytex India Private Limited was a private limited company based in Ujjain, Madhya Pradesh, 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 plastic-based products segment of the manufacturing sector. It was incorporated on 16 December 1993.
The company was registered with the Registrar of Companies (ROC), Gwalior, under CIN U17122MP1993PTC008006. Its GSTIN is 23AABCP0774E1ZT (Madhya Pradesh).
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹99.96 Lakh. It was led by directors Anand Bangur and Ashok Piriya.
Its last annual general meeting (AGM) was held on 10 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 75/23 Industrial Area Mazi Road, Ujjain, Madhya Pradesh, India – 456001.
As per the financials filed for FY 2020, the company reported a revenue of ₹16.58 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 6.4%) and EBITDA of ₹1.93 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company had about 83 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹9.69 Cr on record.
Company details
Contact details
Padma Polytex India Private Limited's registered office is in Ujjain, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address75/23 Industrial Area Mazi Road, Ujjain, Madhya Pradesh, India – 456001
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Padma Polytex India 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 Padma Polytex India 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 Padma Polytex India Private Limited, buy the company report.
Financials of Padma Polytex India Private Limited
FY 2020 filings availablePadma Polytex India Private Limited reported revenue of ₹16.58 Cr (up 24% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 24% growth in the latest year. EBITDA rose 25% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹1.93 Cr | ||||
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| Net Profit (PAT) | ₹1.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Padma Polytex India Private Limited, buy the company report.
Board of directors of Padma Polytex India Private Limited
Padma Polytex India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Bangur Also directs: Sushen Remedies Private Limited, Parekhplast India Limited, Vyanktesh Plastics and Packagings Pvt Ltd and 5 more | Director | 24 Mar 2000 | 26 Years 7 Months | As last reported |
| Ashok Piriya | Director | 01 Aug 2011 | 15 Years 2 Months | As last reported |
Peer comparison
Padma Polytex India 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 |
|---|---|---|---|---|---|---|
| Bharat Plastopack Private Limited | ₹16.66 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Hira Polyprints Private Limited | ₹16.64 Cr (FY 2025) | 0.0% | Aurangabad, Maharashtra, India | |||
| Jagadhatri Plast Private Limited | ₹16.61 Cr (FY 2024) | 18.0% | Kolkata, West Bengal, India | |||
| Padma Polytex India Private Limitedthis company | ₹16.58 Cr (FY 2020) | ₹1.05 Cr | 6.4% | 24.0% | 83 | Ujjain, Madhya Pradesh, India |
| Goree Polytech Private Limited | ₹16.55 Cr (FY 2024) | 13.0% | Panipat, Haryana, India | |||
| Ingenious Plastics Private Limited | ₹16.54 Cr (FY 2025) | 10.0% | Tumkur, Karnataka, India | |||
| Salamat Rai Polymers Pvt Ltd | ₹16.53 Cr (FY 2025) | 3.0% | Punjab, India | |||
| Sun Pro-Pack Private Limited | ₹16.53 Cr (FY 2024) | 16.0% | Mumbai, Maharashtra, India | |||
| Rs-Navya Polymers India Private Limited | ₹16.51 Cr (FY 2024) | -3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Padma Polytex India Private Limited, buy the company report.
Auditor
Padma Polytex India Private Limited is audited by V K LADHA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K LADHA & ASSOCIATES | FY 2019 | 002301C |
Shareholding
The shareholding of Padma Polytex India Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Padma Polytex India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2010 | 10204849 | State Bank of Indore | ₹50 Lakh | Satisfied | |
| 08 Mar 2007 | 10048619 | State Bank of Indore | ₹2 Cr | Satisfied | |
| 08 Mar 2007 | 10048616 | State Bank of Indore | ₹3 Cr | Satisfied | |
| 03 Dec 2005 | 80065163 | State Bank of Indore | ₹15 Lakh | Satisfied | |
| 03 Aug 2005 | 90210208 | State Bank of Indore | ₹40 Lakh | Satisfied |
To see the full charge records of Padma Polytex India Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
No court or tribunal cases involving Padma Polytex India 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 Padma Polytex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Padma Polytex India Private Limited has a workforce of 83 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Padma Polytex India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCP0774E1ZT | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Padma Polytex India Private Limited, buy the company report.
Recent activity
Padma Polytex India Private Limited has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Roop Narayan Jhanwar ceased to be Director on 01 Feb 2012.
25 earlier events are in the company report.
Frequently asked questions
Padma Polytex India 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.
Padma Polytex India was a private limited company based in Ujjain, Madhya Pradesh, India. The company worked in plastic-based products, within the manufacturing industry. It was incorporated on 16 December 1993 and is registered under CIN U17122MP1993PTC008006. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Padma Polytex India was incorporated on 16 December 1993. It is registered with the Registrar of Companies, Gwalior.
Padma Polytex India had 2 directors:
- Anand Bangur - Director
- Ashok Piriya - Director
The CIN (Corporate Identification Number) of Padma Polytex India is U17122MP1993PTC008006. 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 Padma Polytex India is at 7523 Industrial Area Mazi Road, Ujjain, Madhya Pradesh, India – 456001.
The latest financial statements of Padma Polytex India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 10 November 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Padma Polytex India is 23AABCP0774E1ZT, registered in Madhya Pradesh.
Padma Polytex India operated in the manufacturing industry, in the plastic-based products segment.
The peers of Padma Polytex India by revenue are Bharat Plastopack Private Limited, Hira Polyprints Private Limited, Jagadhatri Plast Private Limited, Goree Polytech Private Limited, Ingenious Plastics Private 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).
Roop Narayan Jhanwar ceased to be Director on 01 Feb 2012. Ashok Piriya ceased to be Additional Director on 30 Sep 2011. Ashok Piriya was appointed as Director on 01 Aug 2011. Padma Polytex India has 5 board changes on record in total.