Pravir Polymers Pvt Ltd.
About Pravir Polymers Pvt Ltd.
Data last updated:
Pravir Polymers Pvt Ltd. was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Organic Industries Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 20 July 1988.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1988PTC048174. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It was led by directors including Arvind Vithoba Bhosale and Anand Monappa Shetty.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 601 6th Floor Delta Central Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2017, the company reported a revenue of ₹45.09 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹9.13 Lakh (net margin 20.2%) and EBITDA of ₹38.24 Lakh (EBITDA margin 84.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company had satisfied charges of ₹60 Lakh on record. Court records list 14 cases involving the company, including 2 filed by the company and 12 filed against it; 6 cases are pending.
Company details
Contact details
Pravir Polymers Pvt Ltd.'s registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address601 6th Floor Delta Central Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Pravir Polymers Pvt Ltd., buy the company report.
- 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
Business activity
The main business activity of Pravir Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
Financials of Pravir Polymers Pvt Ltd.
FY 2017 filings availablePravir Polymers Pvt Ltd. reported revenue of ₹45.09 Lakh (up 3% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 4% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹38.24 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹9.13 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 84.8% | ||
| Net Profit Margin | 20.2% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Pravir Polymers Pvt Ltd., buy the company report.
Board of directors of Pravir Polymers Pvt Ltd.
Pravir Polymers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Vithoba Bhosale | Director | 17 Oct 2017 | 9 Years 0 Months | As last reported |
| Anand Monappa Shetty Also directs: Infibim Engineering Private Limited, Organic Industries Private Limited, Organic Plastics Private Limited and 2 more | Director | 20 Jul 1988 | 38 Years 3 Months | As last reported |
| Shashirekha Anand Shetty Also directs: Infibim Engineering Private Limited, Organic Industries Private Limited, Organic Plastics Private Limited and 2 more | Director | 20 Jul 1988 | 38 Years 3 Months | As last reported |
Auditor
Pravir Polymers Pvt Ltd. is audited by Shetty & Bala for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shetty & Bala | FY 2016 |
Shareholding
The shareholding of Pravir Polymers Pvt Ltd. is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pravir Polymers Pvt Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2008 | 10098213 | Reliance Capital Ltd | ₹60 Lakh | Satisfied |
To see the full charge records of Pravir Polymers Pvt Ltd., buy the company report.
Total charge records: 1 View all charges
Legal cases
Pravir Polymers Pvt Ltd. has 14 court cases on record: 2 filed by Pravir Polymers, 12 filed against it. 6 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 12 | 6 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Nascent Leasing and Infotech Private Limited | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Hacienda Leasing and Infotech Private Limited | Pending |
| High Court | Commercial suit | Filed against the company by Palm Grove Beach Hotels Pvt Ltd and 1 other | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Palm Grove Beach Hotels Pvt Ltd and 1 other | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Magrolia Leasing and Infotech Pvt Ltd | Disposed |
To see the full case history of Pravir Polymers Pvt Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pravir Polymers Pvt Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pravir Polymers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pravir Polymers Pvt Ltd., buy the company report.
Recent activity
Pravir Polymers Pvt Ltd. has 3 board changes on record since 1988: 3 appointments. The latest: Arvind Vithoba Bhosale was appointed as Director on 17 Oct 2017.
Frequently asked questions
Pravir Polymers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pravir Polymers was a private limited company based in Mumbai, Maharashtra, India. The company worked in bottle and cap manufacturing, within the packaging industry. It was incorporated on 20 July 1988 and is registered under CIN U25200MH1988PTC048174. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pravir Polymers was incorporated on 20 July 1988. It is registered with the Registrar of Companies, Mumbai.
Pravir Polymers had 3 directors:
- Arvind Vithoba Bhosale - Director
- Anand Monappa Shetty - Director
- Shashirekha Anand Shetty - Director
The CIN (Corporate Identification Number) of Pravir Polymers is U25200MH1988PTC048174. 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 Pravir Polymers is at 601 6th Floor Delta Central Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
The latest financial statements of Pravir Polymers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Pravir Polymers has 1 GST registration on record and it is cancelled or inactive.
Pravir Polymers operated in the packaging industry, in the bottle and cap manufacturing segment.
Pravir Polymers has 14 court cases on record: 2 filed by the company and 12 filed against it. 6 are pending.
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