MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-AP-10-0024868
Pratik Polymer Products Pvt Ltd
Pratik Polymer Products Pvt Ltd - manufacturing in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹12.29 Lakh
▼ 92% YoY
Net profit · FY 2023
₹1.77 Lakh
Net margin 14.4%
EBITDA · FY 2023
-₹6.61 Lakh
EBITDA margin -53.8%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹1.7 Cr
Satisfied ₹20.5 Lakh
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings
About Pratik Polymer Products Pvt Ltd
Data last updated:
Pratik Polymer Products Pvt Ltd is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 05 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24134AP1993PTC016121. Its GSTIN is 37AABCP0459Q2ZW (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Govardhan Das Bang and Nitish Bang.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 79 & 80 'E' Block Industrial Development Area Visakhapatn, Andhra Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.29 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Lakh (net margin 14.4%) and EBITDA of -₹6.61 Lakh (EBITDA margin -53.8%). Revenue has declined at a compounded annual rate (CAGR) of 227% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹1.7 Cr and satisfied charges of ₹20.5 Lakh on record.
Pratik Polymer Products Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0024868). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24134AP1993PTC016121
Registration Number 016121
Incorporation Date 05 August 1993
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-AP-10-0024868
Recognitions & Rankings of Pratik Polymer Products
Contact details
Pratik Polymer Products Pvt Ltd's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 79 & 80 'E' Block Industrial Development Area Visakhapatn, Am Andhra Pradesh, Visakhapatnam, Andhra Pradesh, India – 500012
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Pratik Polymer Products Pvt Ltd, buy the company report.
Comprehensive company report
Pratik Polymer Products Pvt Ltd - one report that includes everything
- 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
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Financials of Pratik Polymer Products Pvt Ltd
FY 2025 filings availablePratik Polymer Products Pvt Ltd reported revenue of ₹12.29 Lakh (down 92% YoY) for FY 2023.
Revenue · FY 2023
₹12.29 Lakh ▼ 92%
Net profit · FY 2023
₹1.77 Lakh margin 14.4%
EBITDA · FY 2023
-₹6.61 Lakh margin -53.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▲ 227%
5 years · compounded
▼ 39%
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 92% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.29 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.77 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.8% | ||||
| Net Profit Margin | 14.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Pratik Polymer Products Pvt Ltd, buy the company report.
Board of directors of Pratik Polymer Products Pvt Ltd
Pratik Polymer Products has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govardhan Das Bang | Director | 05 Aug 1993 | 33 Years 2 Months | Current |
| Nitish Bang | Director | 02 Sep 2021 | 5 Years 1 Months | Current |
| Saurav Bang | Director | 02 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Pratik Polymer Products Pvt Ltd is audited by SRI RAMAMURTHY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRI RAMAMURTHY & CO | FY 2023 | 03032S |
Shareholding
The shareholding of Pratik Polymer Products Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pratik Polymer Products Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1.7 Cr
Satisfied charges
₹20.5 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2024 | 100930908 | Others | ₹1.7 Cr | Open | |
| 21 Mar 2000 | 90139251 | State Bank of India | ₹6 Lakh | Satisfied | |
| 07 Aug 1995 | 90138971 | State Bank of India | ₹14.5 Lakh | Satisfied |
To see the full charge records of Pratik Polymer Products Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Pratik Polymer Products Pvt Ltd 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 Pratik Polymer Products Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pratik Polymer Products has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCP0459Q2ZW | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pratik Polymer Products Pvt Ltd, buy the company report.
Recent activity
Pratik Polymer Products Pvt Ltd has 7 board changes on record since 1993: 3 appointments and 4 cessations. The latest: Nitish Bang ceased to be Additional Director on 29 Nov 2021.
AGM
Pratik Polymer Products Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pratik Polymer Products Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Charges
A charge with Others amounted to Rs. 170.00 Lakh with Charge ID 100930908 was registered on 25 May 2024.
Ceased
Nitish Bang ceased to be Additional Director.
Ceased
Saurav Bang ceased to be Additional Director.
Ceased
Rajendra Kumar Bang ceased to be Director.
Ceased
Rameshwar Lal Bang ceased to be Director.
Appointed
Nitish Bang was appointed as Director.
Appointed
Saurav Bang was appointed as Director.
Charges
A charge registered on 21 Mar 2000 via Charge ID 90139251 with State Bank Of India was fully satisfied on 14 Mar 2019.
Charges
A charge registered on 07 Aug 1995 via Charge ID 90138971 with State Bank Of India was fully satisfied on 14 Mar 2019.
Charges
A charge with State Bank Of India of Rs. 14.50 Lakh registered on 07 Aug 1995 with Charge ID 90138971 was modified on 19 May 2001.
4 earlier events are in the company report.
Frequently asked questions
Pratik Polymer Products is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 05 August 1993 (33+ years old) and is registered under CIN U24134AP1993PTC016121.
Pratik Polymer Products has 3 current directors:
- Govardhan Das Bang - Director
- Nitish Bang - Director
- Saurav Bang - Director
The latest financial statements of Pratik Polymer Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pratik Polymer Products is 37AABCP0459Q2ZW, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pratik Polymer Products is U24134AP1993PTC016121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pratik Polymer Products was incorporated on 05 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Vijayawada.
Nitish Bang ceased to be Additional Director on 29 Nov 2021. Saurav Bang ceased to be Additional Director on 29 Nov 2021. Rajendra Kumar Bang ceased to be Director on 13 Sep 2021. Pratik Polymer Products has 7 board changes on record in total.
Yes, Pratik Polymer Products is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-10-0024868).
The registered office of Pratik Polymer Products is at Plot No 79 & 80 E Block Industrial Development Area Visakhapatn, Am Andhra Pradesh, Visakhapatnam, Andhra Pradesh, India – 500012.
Pratik Polymer Products operates in the manufacturing industry, in the pipe and tubes segment.