Paragati Polymers Private Limited

Paragati Polymers Private Limited - machinery and equipment in Bahadurgarh, Haryana, India. Directors, charges & compliance details.
CIN U25190HR2012PTC046073 Incorporated 25 May 2012 ROC Delhi HQ Bahadurgarh, Haryana, India
Struck Off Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2019
₹10.81 Lakh
▼ 73% YoY
Net loss · FY 2019
₹18.64 Lakh
Net margin -172.5%
EBITDA · FY 2019
-₹54,698
EBITDA margin -5.1%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Satisfied charges
₹2.6 Cr
No open charges
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Paragati Polymers Private Limited

Data last updated:

Paragati Polymers Private Limited was a private limited company based in Bahadurgarh, Haryana, 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 industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 25 May 2012.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U25190HR2012PTC046073.

The company had an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Sat Pal Bansal and Amit Kumar Bansal.

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 was at Plot No. 176 Sector – 16 Hsiidc, Bahadurgarh, Haryana, India – 124507.

As per the financials filed for FY 2019, the company reported a revenue of ₹10.81 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹18.64 Lakh (net margin -172.5%) and EBITDA of -₹54,698 (EBITDA margin -5.1%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years.

As per MCA filings, the company had satisfied charges of ₹2.6 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.

Company Details of Paragati Polymers Private Limited
CIN U25190HR2012PTC046073
Registration Number 046073
Incorporation Date 25 May 2012
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. 176 Sector – 16 Hsiidc, Bahadurgarh, Haryana, India – 124507
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Paragati Polymers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Paragati Polymers Private Limited

The main business activity of Paragati 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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Turnover share and past changes in activity are in the company report.

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Financials of Paragati Polymers Private Limited FY 2019 filings available

Paragati Polymers Private Limited reported revenue of ₹10.81 Lakh (down 73% YoY) for FY 2019.

Revenue · FY 2019
₹10.81 Lakh ▼ 73%
Net loss · FY 2019
₹18.64 Lakh margin -172.5%
EBITDA · FY 2019
-₹54,698 margin -5.1%

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

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 66%
EBITDA CAGR growth
1 year
▼ 109%
3 years · compounded
▼ 26%

Revenue has declined at a compounded annual rate (CAGR) of 66% over three years, including a 73% fall in the latest year. EBITDA fell 109% 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 Paragati Polymers Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹10.81 Lakh••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹54,698••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹18.64 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 Paragati Polymers Private Limited

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-5.1%••••••••••••••••
Net Profit Margin-172.5%••••••••••••••••
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 Paragati Polymers are in the company report.

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Financial statements from 2015

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Peer Comparison of Paragati Polymers Private Limited

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

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
R and H Power Company Private Limited₹10.95 Lakh (FY 2025)••••••••30.0%••••Uttar Pradesh, India
Allahabad Industrial Development Centre Private Limited₹10.93 Lakh (FY 2025)••••••••102.0%••••Allahabad, Uttar Pradesh, India
T V U Polymers Private Limited₹10.92 Lakh (FY 2025)••••••••••••Coimbatore, Tamil Nadu, India
Kamakhya Vyapaar Pvt Ltd₹10.84 Lakh (FY 2024)••••••••0.0%••••Kolkata, West Bengal, India
Flusso Pumps Private Limited₹10.84 Lakh (FY 2024)••••••••••••Chennai, Tamil Nadu, India
Paragati Polymers Private Limited this company₹10.81 Lakh (FY 2019)••••••••-73.0%••••Bahadurgarh, Haryana, India
Shri Shakti Opstech Private Limited₹10.8 Lakh (FY 2022)••••••••••••Hyderabad, Telangana, India
Haji Global Private Limited₹10.8 Lakh (FY 2024)••••••••-56.0%••••Delhi, India
Uttaranchal Packaging Private Limited₹10.71 Lakh (FY 2025)••••••••-52.0%••••Us Nagar, Uttarakhand, India
Prance Industries Private Limited₹10.7 Lakh (FY 2022)••••••••-16.0%••••Khatu Shyamji, Rajasthan, India
Adarin Engineering Technologies Private Limited₹10.68 Lakh (FY 2022)••••••••-71.0%••••Raipur, Chhattisgarh, India

Peers are the five companies nearest above and the five nearest below Paragati Polymers by revenue in the Machinery and Equipment industry (Industrial Products 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 Paragati Polymers Private Limited

Paragati Polymers Private Limited is audited by A P T & CO LLP for the financial year 2019.

NameStatusAppointment DateCessation Date
A P T & CO LLPLockedLockedLocked
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Board of Directors of Paragati Polymers Private Limited

Paragati Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sat Pal BansalDirector20 Sep 201610 Years 0 MonthsAs last reported
Amit Kumar BansalDirector25 May 201214 Years 4 MonthsAs last reported

Ownership and Shareholding of Paragati Polymers Private Limited

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Charges & Borrowings of Paragati Polymers Private Limited

Open charges
None
Satisfied charges
₹2.6 Cr
Breakdown by lending institutions
Punjab National Bank₹2.60 Cr
Latest charge details
DateLenderAmountStatus
28 Feb 2014Punjab National Bank₹50 LakhSatisfied
02 Nov 2012Punjab National Bank₹80 LakhSatisfied
02 Nov 2012Punjab National Bank₹1.3 CrSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Paragati Polymers Private Limited

Employment history and EPFO contributions of people linked to Paragati Polymers.

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Employee and EPFO history

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Recent Activity on Paragati Polymers Private Limited

Paragati Polymers Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Sat Pal Bansal was appointed as Director on 20 Sep 2016.

Charges
A charge registered on 28 Feb 2014 via Charge ID 10485657 with Punjab National Bank was fully satisfied on 25 Jan 2022.
Charges
A charge registered on 02 Nov 2012 via Charge ID 10388588 with Punjab National Bank was fully satisfied on 25 Jan 2022.
Charges
A charge registered on 02 Nov 2012 via Charge ID 10388590 with Punjab National Bank was fully satisfied on 25 Jan 2022.
AGM
Paragati Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Paragati Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Delhi.
Appointed
Sat Pal Bansal was appointed as Director.
Ceased
Mamta Bansal ceased to be Director.
Charges
A charge with Punjab National Bank of Rs. 50.00 Lakh registered on 28 Feb 2014 with Charge ID 10485657 was modified on 29 Jul 2015.
Charges
A charge with Punjab National Bank of Rs. 80.00 Lakh registered on 02 Nov 2012 with Charge ID 10388588 was modified on 29 Jul 2015.
Charges
A charge with Punjab National Bank of Rs. 130.00 Lakh registered on 02 Nov 2012 with Charge ID 10388590 was modified on 29 Jul 2015.
Charges
A charge with Punjab National Bank amounted to Rs. 50.00 Lakh with Charge ID 10485657 was registered on 28 Feb 2014.
Charges
A charge with Punjab National Bank amounted to Rs. 80.00 Lakh with Charge ID 10388588 was registered on 02 Nov 2012.

3 earlier events are listed in the company report.

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

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MSME Payment Delays by Paragati Polymers Private Limited

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Subsidiaries & Group Companies of Paragati Polymers Private Limited

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GST Compliance of Paragati Polymers Private Limited

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MCA Filings & Documents of Paragati Polymers Private Limited

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Frequently Asked Questions about Paragati Polymers Private Limited

Paragati Polymers 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.

Paragati Polymers was a private limited company based in Bahadurgarh, Haryana, India. The company worked in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 25 May 2012 and is registered under CIN U25190HR2012PTC046073. The company has been struck off by the Registrar of Companies and is no longer operational.

Paragati Polymers had 2 directors:

The CIN (Corporate Identification Number) of Paragati Polymers is U25190HR2012PTC046073. 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 Paragati Polymers is at Plot No. 176 Sector – 16 Hsiidc, Bahadurgarh, Haryana, India – 124507.

Paragati Polymers was incorporated on 25 May 2012. It is registered with the Registrar of Companies, Delhi.

Paragati Polymers reported revenue of ₹10.81 Lakh for FY 2019 (down 73% YoY).

Paragati Polymers has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh.

Paragati Polymers reported a net loss of ₹18.64 Lakh (net margin -172.5%) and EBITDA of -₹54,698 (EBITDA margin -5.1%) for FY 2019, as per its filed financial statements.

Paragati Polymers operated in the machinery and equipment industry, in the industrial machinery manufacturing segment. It worked in this industry before it was struck off.

The compounded annual growth rate (CAGR) of the revenue of Paragati Polymers is -66% over three years. In the latest year (FY 2019) revenue fell 73%. CAGR is the steady yearly rate that links the first and the last year.

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