Polyspin Exports Limited - Company Profile

It is a packaging public limited company based in Tamil Nadu, Tamil Nadu, India, established in 1985.
1985 Tamil Nadu, Tamil Nadu, India Active
Last Updated:
Access Report
About Polyspin Exports Limited

Polyspin Exports Limited, a active public limited company, was established on 29 March 1985 in Tamil Nadu, Tamil Nadu, India. Engaging in woven packaging products within the manufacturing sector, it holds CIN: L51909TN1985PLC011683. Registered under ROC Roc Chennai. it is listed on BSE: 539354. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹5.00 Cr.

Formerly known as Skanda Plastics Limited. It upholds a compliant status. In 2023, it reported revenue of ₹245.82 Cr and a net worth of ₹53.25 Cr. Employing 1,760 professional, Its leadership includes Ramamirtham Sundharam (Director), Sengalipuram Ramamurthy Subramanian (Director), Rajesh Devarajan (Director). Past directors included Sankar Subramanian, Subhramaniya Kalyanam, Arjuna Raja Rammohan Raja. It holds ₹120.30 Cr open charges and ₹86.60 Cr settled loans. Its latest AGM occurred on 29 August 2025, with the balance sheet filed on 31 March 2025. It is based at No.351, P.A.C.R.Salairajapalayam-626 117 Tamil Nadu, Tamil Nadu, Tamil Nadu, 626117.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L51909TN1985PLC011683

  • Registration Number

    011683

  • Incorporation Date

    29 March 1985

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Listed (BSE: 539354)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 40 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 120.30 Cr
  • Satisfied Charges ₹ 86.60 Cr
  • Revenue Growth **** -13.09%
  • Profit Growth **** -89.90%
  • Ebitda **** -73.44%
  • Net Worth -1.94%
  • Total Assets **** 0.33%
Company report

Polyspin Exports Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Polyspin Exports Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Polyspin Exports Limited?
Current Directors
Name Designation Appointment Date Status
Ramamirtham Sundharam Director 01 Sep 2019 Current
Sengalipuram Ramamurthy Subramanian Director 29 Mar 1985 Current
Rajesh Devarajan Director 20 Sep 2019 Current
Sinthalapadi Ramakrishna Raja Venkatanarayana Raja Director 01 Sep 2019 Current
Vengisanam Seshagiri Raju Jagdish Director 01 Sep 2019 Current
Rammohanraja Ramji Managing Director 01 Apr 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Aug 2019 Past
Pramod Abcsdd Director 24 Jan 2008 Past
Pramod Abcsdd Managing Director 31 Jan 2013 Past
Pramod Abcsdd Director 23 Feb 2022 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Additional Director 21 Nov 2016 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Polyspin Exports.

Polyspin Exports Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.09% decrease. The company also saw a substantial fall in profitability, with a 89.9% decrease in profit. The company's net worth dipped by a decrease of 1.94%.

Polyspin Exports revenue growth over time
Polyspin Exports profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -13.09%
*******
*******
*******
*******
Revenue from Operations
*******
 -12.83%
*******
*******
*******
*******
Total Assets
*******
 0.33%
*******
*******
*******
*******
Profit or Loss
*******
 -89.90%
*******
*******
*******
*******
Net Worth
*******
 -1.94%
*******
*******
*******
*******
EBITDA
*******
 -73.44%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Polyspin Exports?

In 2023, Polyspin Exports had a promoter holding of 48.46% and a public holding of 51.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹1,203,041,677.00

Satisfied Charges

₹865,955,932.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 93.25 Cr
  • Axis Bank Limited : 22.54 Cr
  • Others : 4.52 Cr
Latest Charge Details
Date Lender Amount Status
09 Jul 2025 Others ₹2.40 M Open
09 Apr 2025 Others ₹3.00 Cr Open
19 Nov 2024 Others ₹1.50 M Open
18 Nov 2024 Others ₹2.40 M Open
29 Jun 2024 Others ₹3.00 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Polyspin Exports?

Polyspin Exports has a workforce of 1760 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polyspin Exports, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Polyspin Exports's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Polyspin Exports
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 21 Oct 2023 via Charge ID 100809621 with Axis Bank Limited was fully satisfied on 07 Nov 2025. was documented.

  • Annual General Meeting

    The activity Polyspin Exports Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.24 Cr with Charge ID 101141072 was registered on 09 Jul 2025. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited of Rs. 19.78 Cr registered on 12 Jan 2022 with Charge ID 100532417 was modified on 21 May 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 93.25 Cr registered on 30 Aug 2023 with Charge ID 100783305 was modified on 02 May 2025. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101097603 was registered on 09 Apr 2025. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Polyspin Exports Limited?

The CIN of Polyspin Exports Limited is L51909TN1985PLC011683.

Where is Polyspin Exports Limited headquartered?

Polyspin Exports Limited is headquartered at No.351, P.A.C.R.Salairajapalayam-626 117 Tamil Nadu, Tamil Nadu, Tamil Nadu, 626117.

When was Polyspin Exports Limited incorporated?

Polyspin Exports Limited was incorporated on 29 March 1985.

Who are the current directors of Polyspin Exports Limited?

The current directors of Polyspin Exports Limited are

What is the primary industry of Polyspin Exports Limited?

The primary industry of Polyspin Exports Limited is Manufacturing.

Is Polyspin Exports Limited a listed company?

Polyspin Exports Limited is listed. It is listed on BSE: 539354.

What is the capital structure of Polyspin Exports Limited?

The authorized capital of Polyspin Exports Limited is ₹5.00 Cr, and the paid-up capital is ₹5.00 Cr.

What is the compliance status of Polyspin Exports Limited?

The compliance status of Polyspin Exports Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available