Par Polypack India Limited

Par Polypack India Limited - manufacturing in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U21020GJ1993PLC019815 Incorporated 12 July 1993 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Struck Off Public Limited Company manufacturing
Data last updated
Revenue · FY 2020
₹1.07 Cr
▼ 48% YoY
Net profit · FY 2020
₹25.74 Lakh
Net margin 24.1%
EBITDA · FY 2020
₹42.16 Lakh
EBITDA margin 39.4%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹1.46 Cr
Issued & subscribed
Satisfied charges
₹80 Lakh
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
1
Provident fund records

About Par Polypack India Limited

Data last updated:

Par Polypack India Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the plastic-based products segment of the manufacturing sector. It was incorporated on 12 July 1993.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21020GJ1993PLC019815. Its GSTIN is 24AABCP6079N1ZY (Gujarat).

The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹1.46 Cr. It was led by directors including Bharat Rajyaguru and Dhruv Bharatbhai Rajyaguru.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot – 30 31 32 Changodar Industrial Estate Sarkhej Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213.

As per the financials filed for FY 2020, the company reported a revenue of ₹1.07 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹25.74 Lakh (net margin 24.1%) and EBITDA of ₹42.16 Lakh (EBITDA margin 39.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.

The company had about 1 employee on its provident fund (EPFO) records before it was struck off.

As per MCA filings, the company had satisfied charges of ₹80 Lakh on record. Court records list 9 cases involving the company, including 9 filed against it.

Company Details of Par Polypack India Limited
CIN U21020GJ1993PLC019815
Registration Number 019815
Incorporation Date 12 July 1993
ROC Ahmedabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant

CIN History of Par Polypack India Limited

Par Polypack India has one previous CIN (Corporate Identification Number): U21020GJ1993PTC019815. The current CIN is U21020GJ1993PLC019815, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U21020GJ1993PLC019815Current
U21020GJ1993PTC019815Previous
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot – 30 31 32 Changodar Industrial Estate Sarkhej Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213
  • Industry
    Manufacturing, Plastic-Based Products
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Financials, compliance, directors, charges, ownership and filings for Par Polypack India Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Par Polypack India Limited

The main business activity of Par Polypack India 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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Financials of Par Polypack India Limited FY 2021 filings available

Par Polypack India Limited reported revenue of ₹1.07 Cr (down 48% YoY) for FY 2020.

Revenue · FY 2020
₹1.07 Cr ▼ 48%
Net profit · FY 2020
₹25.74 Lakh margin 24.1%
EBITDA · FY 2020
₹42.16 Lakh margin 39.4%

Compounded Annual Growth Rate (CAGR) of Par Polypack India Limited

Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 12%
5 years · compounded
▼ 12%
EBITDA CAGR growth
3 years · compounded
▲ 215%
5 years · compounded
▲ 23%

Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 48% fall 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 of Par Polypack India Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹1.07 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹42.16 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹25.74 Lakh••••••••••••••••
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 Par Polypack India Limited

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin39.4%••••••••••••••••
Net Profit Margin24.1%••••••••••••••••
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 Par Polypack India are in the company report.

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Board of Directors of Par Polypack India Limited

Par Polypack India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Bharat RajyaguruDirector12 Jul 199333 Years 3 MonthsAs last reported
Dhruv Bharatbhai RajyaguruDirector30 Jun 201412 Years 3 MonthsAs last reported
Chetna Bharat RajyaguruDirector30 Jun 201412 Years 3 MonthsAs last reported

Peer Comparison of Par Polypack India Limited

Par Polypack India Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Navarang Associates Private Limited₹1.09 Cr (FY 2025)••••••••-5.0%••••Thrissur, Kerala, India
Tripur Tubes Private Limited₹1.09 Cr (FY 2023)••••••••-84.0%••••Tripura, India
Boss Plastics Private Limited₹1.09 Cr (FY 2018)••••••••-28.0%••••New Delhi, Delhi, India
Kavim Polyplast Private Limited₹1.08 Cr (FY 2021)••••••••58.0%••••Vadodara, Gujarat, India
Falcon Seals Private Limited₹1.07 Cr (FY 2024)••••••••-37.0%••••Dehradun, Uttarakhand, India
Par Polypack India Limited this company₹1.07 Cr (FY 2020)••••••••-48.0%••••Ahmedabad, Gujarat, India
Shrivmeer Packaging Private Limited₹1.07 Cr (FY 2024)••••••••39.0%••••Kichha, Uttarakhand, India
Indigo Design and Engineering Associates Private Limited₹1.07 Cr (FY 2024)••••••••5.0%••••Gurgaon, Haryana, India
Veronica Plastomatics Private Limited₹1.07 Cr (FY 2025)••••••••-43.0%••••Ahmedabad, Gujarat, India
Pridology Private Limited₹1.06 Cr (FY 2023)••••••••6.0%••••Hyderabad, Telangana, India
Triplet Traders Private Limited₹1.06 Cr (FY 2024)••••••••-31.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Par Polypack India by revenue in the Manufacturing industry (Plastic Based Products), 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 Par Polypack India Limited

Par Polypack India Limited is audited by KAJAREKAR & SHAH for the financial year 2018.

NameStatusAppointment DateCessation Date
KAJAREKAR & SHAHLockedLockedLocked
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Ownership and Shareholding of Par Polypack India Limited

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Charges & Borrowings of Par Polypack India Limited

Open charges
None
Satisfied charges
₹80 Lakh
Breakdown by lending institutions
Others₹0.80 Cr
Latest charge details
DateLenderAmountStatus
27 Sep 1995Others₹80 LakhSatisfied

Total charge records: 1 View all charges

Employees and EPFO Compliance at Par Polypack India Limited

Par Polypack India Limited has a workforce of 1 employees as of Apr 04, 2024.

Employee count
1
Active EPFO establishments
1
Employee growth
-66.67%
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Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Par Polypack India Limited

Par Polypack India Limited has 7 board changes on record since 1993: 3 appointments and 4 cessations. The latest: Chetna Bharat Rajyaguru ceased to be Additional Director on 30 Sep 2014.

AGM
Par Polypack India Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Par Polypack India Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Charges
A charge registered on 27 Sep 1995 via Charge ID 80012838 with Others was fully satisfied on 20 Dec 2019.
Charges
A charge with Others of Rs. 0.80 Cr registered on 27 Sep 1995 with Charge ID 80012838 was modified on 11 Jan 2018.
Ceased
Chetna Bharat Rajyaguru ceased to be Additional Director.
Ceased
Dhruv Bharatbhai Rajyaguru ceased to be Additional Director.
Ceased
Adiyil Chandrasekar Narayanan Kondath Menon ceased to be Director.
Ceased
Arvind Maganlal Rajyaguru ceased to be Director.
Appointed
Chetna Bharat Rajyaguru was appointed as Director.
Appointed
Dhruv Bharatbhai Rajyaguru was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 80012838 was registered on 27 Sep 1995.
Appointed
Bharat Rajyaguru was appointed as Director.

1 earlier event is listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Par Polypack India Limited

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MSME Payment Delays by Par Polypack India Limited

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Subsidiaries & Group Companies of Par Polypack India Limited

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GST Compliance of Par Polypack India Limited

Par Polypack India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCP6079N1ZYGujaratActive01 Jul 2017
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MCA Filings & Documents of Par Polypack India Limited

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Frequently Asked Questions about Par Polypack India Limited

Par Polypack India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Par Polypack India was a public limited company based in Ahmedabad, Gujarat, India. The company worked in plastic-based products, within the manufacturing industry. It was incorporated on 12 July 1993 and is registered under CIN U21020GJ1993PLC019815. The company has been struck off by the Registrar of Companies and is no longer operational.

Par Polypack India had 3 directors:

The CIN (Corporate Identification Number) of Par Polypack India is U21020GJ1993PLC019815. 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 Par Polypack India is at Plot – 30 31 32 Changodar Industrial Estate Sarkhej Bavla Highway Changodar, Ahmedabad, Gujarat, India – 382213.

Par Polypack India was incorporated on 12 July 1993. It is registered with the Registrar of Companies, Ahmedabad.

Par Polypack India reported revenue of ₹1.07 Cr for FY 2020 (down 48% YoY).

Par Polypack India has an authorised share capital of ₹20 Cr and a paid-up capital of ₹1.46 Cr.

Par Polypack India reported a net profit of ₹25.74 Lakh (net margin 24.1%) and EBITDA of ₹42.16 Lakh (EBITDA margin 39.4%) for FY 2020, as per its filed financial statements.

The GSTIN of Par Polypack India is 24AABCP6079N1ZY, registered in Gujarat.

Par Polypack India operated in the manufacturing industry, in the plastic-based products segment. It worked in this industry before it was struck off.

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