About
Basic Data Updated:
20 days agoPine Polymers Private Limited was once a prominent player in the plastic industry, sourcing raw materials from renowned companies such as Reliance Industries Ltd, Haldia Petrochemicals Ltd, and Gail India Ltd. The company, based in the bustling Sadar area of Delhi, also had a depot in Ghaziabad to cater to its growing customer base. However, a significant change in the company's business model has taken place. Pine Polymers Private Limited has now transformed into a Del Credere associate cum consignment stockiest (DCA cum CS) for Indian Oil Corporation Ltd (IOCL). This strategic move has allowed the company to exclusively trade in PP and PE grades of plastic raw materials, procured solely from IOCL. The decision to become a DCA cum CS for IOCL was a game-changer for Pine Polymers Private Limited. It not only strengthened their partnership with IOCL but also gave them a competitive edge in the market. As a result, the company has seen a significant increase in demand for their PP and PE grades of plastic raw materials, which were previously unavailable from any other source. This new business model has also brought about a sense of exclusivity and reliability for Pine Polymers Private Limited.
Industry
Company Details
- Location
North Delhi, Delhi, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U51101DL1996PTC077930 |
| Company No. | 077930 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 08 Apr 1996 |
| Date of AGM | 30 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Delhi |
Financials of Pine Polymers Private Limited
Pine Polymers Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 23.87% decrease. The company also saw a slight decrease in profitability, with a 0.92% decrease in profit. The company's net worth moved up by a moderate rise of 3.61%.
Corporate Structure
Unlock access to Pine Polymers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Pine Polymers Private Limited
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Board Members(3)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 25 Apr 2014 | ₹25.00 Cr | Open |
The Ratnakar Bank Limited Creation Date: 13 Jul 2013 | ₹6.10 Cr | Satisfied |
Ing Vysya Bank Limited Creation Date: 28 Dec 2010 | ₹7.40 Cr | Satisfied |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Pine Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023Balance Sheet
Pine Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
31 Mar 2023Charges
A charge registered on 01 Jan 2009 via Charge ID 10139387 with State Bank Of Patiala was fully satisfied on 23 Nov 2020.
23 Nov 2020Charges
A charge with State Bank Of India of Rs. 25.00 cr registered on 25 Apr 2014 with Charge ID 10506456 was modified on 03 Mar 2017.
03 Mar 2017Charges
A charge registered on 13 Jul 2013 via Charge ID 10440695 with The Ratnakar Bank Limited was fully satisfied on 26 Aug 2015.
26 Aug 2015
Frequently asked questions
What is the Incorporation or founding date of Pine Polymers Private Limited?
