R R Polynet Private Limited
About R R Polynet Private Limited
Data last updated:
R R Polynet Private Limited is a private limited company based in Vapi, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 23 July 2012.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2012PTC071240. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.4 Cr and a paid-up capital of ₹2.27 Cr. It is led by directors including Ram Chandreshwar Singh (Managing Director) and Muktarahemad Abdulrasid Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No. 391/25/ A – 1 Premraj Nagar 4th Phase Vapi Dist – Valsad, Gujarat, India – 396193.
As per the financials filed for FY 2016, the company reported a revenue of ₹11.29 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹7.83 Lakh (net margin 0.7%) and EBITDA of ₹1.26 Cr (EBITDA margin 11.2%).
As per MCA filings, the company has open charges of ₹13.83 Cr on record. Court records list 23 cases involving the company, including 8 filed by the company and 15 filed against it; 6 cases are pending.
Company details
Contact details
R R Polynet Private Limited's registered office is in Vapi, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 391/25/ A – 1 Premraj Nagar 4th Phase Vapi Dist – Valsad, Gujarat, India – 396193
- IndustryAgriculture, Agri Support Services
To see the full contact details of R R Polynet Private Limited, 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 R R Polynet 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 |
To see the full business activity and turnover split of R R Polynet Private Limited, buy the company report.
Financials of R R Polynet Private Limited
FY 2016 filings availableR R Polynet Private Limited reported revenue of ₹11.29 Cr (up 9% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year. EBITDA fell 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹11.29 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.26 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹7.83 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.2% | |
| Net Profit Margin | 0.7% | |
| 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 R R Polynet Private Limited, buy the company report.
Board of directors of R R Polynet Private Limited
R R Polynet has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Chandreshwar Singh Also directs: Lyntex Polymers Private Limited | Managing Director | 23 Jul 2012 | 14 Years 3 Months | As last reported |
| Muktarahemad Abdulrasid Shaikh | Director | 25 Sep 2014 | 12 Years 1 Months | As last reported |
| Balkrishna Girdharilal Mistry | Director | 02 Dec 2015 | 10 Years 11 Months | As last reported |
| Shidikabanu Mukhatar Shaikh | Director | 25 Sep 2014 | 12 Years 1 Months | As last reported |
| Vinaykumar Hareram Singh Also directs: Neev Enterprises LLP | Director | 23 Jul 2012 | 14 Years 3 Months | As last reported |
Auditor
R R Polynet Private Limited is audited by K M A & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M A & CO | FY 2016 | 111899W |
Shareholding
The shareholding of R R Polynet Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of R R Polynet Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2017 | 100093976 | Others | ₹9 Cr | Open | |
| 26 Dec 2012 | 10393837 | Others | ₹4.83 Cr | Open |
To see the full charge records of R R Polynet Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
R R Polynet Private Limited has 23 court cases on record: 8 filed by R R Polynet, 15 filed against it. 6 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 14 | 5 |
| NCLT | 5 | 0 | 0 |
| High courts | 1 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Associated Road Carriers Ltd | Pending |
| High Court of Gujarat | Special civil application | Filed against the company | Pending |
| District court, Ahmednagar, Maharashtra | Court case (Civil M.A.) | Filed against the company by Darshan Traders and Gulabchand Carpetwala THR. Kishore Gulabchand Bhandari | Pending |
| District court, Valsad, Gujarat | Court case (CR A) | Filed by the company against individuals | Pending |
| District court, Valsad, Gujarat | Court case (CR A) | Filed by the company against individuals | Pending |
To see the full case history of R R Polynet Private Limited, 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.
Credit ratings & regulatory alerts
R R Polynet Private Limited was last rated by Care on 17 Nov 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Nov 2022 |
To see the full credit ratings and regulatory alerts of R R Polynet Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for R R Polynet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
R R Polynet 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 R R Polynet Private Limited, buy the company report.
Recent activity
R R Polynet Private Limited has 6 board changes on record since 2012: 5 appointments and 1 cessation. The latest: Balkrishna Girdharilal Mistry was appointed as Director on 02 Dec 2015.
1 earlier event is in the company report.
Frequently asked questions
R R Polynet is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
R R Polynet is a company under liquidation, formerly operating as a private limited company based in Vapi, Gujarat, India. The company works in agri support services, within the agriculture industry. It was incorporated on 23 July 2012 and is registered under CIN U17200GJ2012PTC071240. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
R R Polynet has 5 current directors:
- Ram Chandreshwar Singh - Managing Director
- Muktarahemad Abdulrasid Shaikh - Director
- Balkrishna Girdharilal Mistry - Director
- Shidikabanu Mukhatar Shaikh - Director
- Vinaykumar Hareram Singh - Director
The latest financial statements of R R Polynet on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of R R Polynet is U17200GJ2012PTC071240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R R Polynet has open charges of ₹13.83 Cr and no satisfied charges on record as per latest MCA filings.
R R Polynet has 23 court cases on record: 8 filed by the company and 15 filed against it. 6 are pending. Most are in the district courts.
R R Polynet was incorporated on 23 July 2012. It is registered with the Registrar of Companies, Ahmedabad.
Balkrishna Girdharilal Mistry was appointed as Director on 02 Dec 2015. Muktarahemad Abdulrasid Shaikh was appointed as Director on 25 Sep 2014. Shidikabanu Mukhatar Shaikh was appointed as Director on 25 Sep 2014. R R Polynet has 6 board changes on record in total.
The registered office of R R Polynet is at Plot No. 39125 A – 1 Premraj Nagar 4th Phase Vapi Dist – Valsad, Gujarat, India – 396193.
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