Seven Seas Polymers Private Limited Company Logo

Seven Seas Polymers Private Limited - Company Profile

It is a manufacturing private limited company based in Madurai, Tamil Nadu, India, established in 1999.

1999 | Madurai, Tamil Nadu, India | Active
Last Updated:

About Seven Seas Polymers Private Limited

Seven Seas Polymers Private Limited, a active private limited company, was established on 17 August 1999 in Madurai, Tamil Nadu, India. Engaging in plastic & resins within the trade sector, it holds CIN: U51495TN1999PTC122154. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹4.25 Cr and a paid-up capital of ₹4.05 Cr.

It upholds a compliant status. Its leadership includes Arun Thangam (Managing Director), Kulandasamy Sarasthangam (Director), Mogeeth (Director). Past directors included Chandra Prakash Ramsisaria, Maalica Prabu, Rohitta Vayakkadu Thottam Logu. It holds ₹5.10 Cr open charges and ₹4.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 37-A-1,Madakulam Main Road Near Grt Hotel, Palanganatham, Madurai, Tamil Nadu, 625003.

Company Details

  • CIN/LLPIN

    U51495TN1999PTC122154

  • Registration Number

    122154

  • Incorporation Date

    17 August 1999

  • Authorized Capital

    ₹4.25 Cr

  • Paid-Up Capital

    ₹4.05 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 4.05 Cr
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.10 Cr
  • Satisfied Charges ₹ 4.50 Cr
  • Revenue Growth -19.86%
  • Profit Growth 8.32%
  • Ebitda 314.22%
  • Net Worth 9.14%
  • Total Assets -25.22%
Company report

Seven Seas Polymers Private Limited

Company Report FY 2025-2026

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

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Who are the key members and board of directors at Seven Seas Polymers Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Arun ThangamManaging Director17 Nov 2020Current
Kulandasamy SarasthangamDirector05 Oct 2019Current
MogeethDirector10 Oct 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Oct 2008Past
Pramod AbcsddAdditional Director30 Sep 2017Past
Pramod AbcsddDirector05 Oct 2019Past
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddManaging Director21 Dec 2020Past

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Financial Performance of Seven Seas Polymers.

Seven Seas Polymers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.86% decrease. The company also saw a slight improvement in profitability, with a 8.32% increase in profit. The company's net worth moved up by a moderate rise of 9.14%.

Seven Seas Polymers revenue growth over time
Seven Seas Polymers profit and loss trends over time
  • 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
-19.86%
Revenue from Operations
-19.21%
Total Assets
-25.22%
Profit or Loss
8.32%
Net Worth
9.14%
EBITDA
314.22%

What is the Ownership and Shareholding Structure of Seven Seas Polymers?

In 2023, Seven Seas Polymers had a promoter holding of 29.62% and a public holding of 70.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹51,000,000.00

Satisfied Charges

₹45,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 4.10 Cr
  • Tamilnad Mercantile Bank Limited : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jun 2024Others₹4.10 CrOpen
29 Jul 2017Tamilnad Mercantile Bank Limited₹1.00 CrOpen
26 Sep 2017Tamilnad Mercantile Bank Limited₹4.50 CrSatisfied

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How Many Employees Work at Seven Seas Polymers?

Unlock and access historical data on people associated with Seven Seas Polymers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Seven Seas Polymers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Seven Seas Polymers, 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 Seven Seas Polymers'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.

Latest Updates, News, and FAQs on Seven Seas Polymers

Recent Activity within the Organization

  • Annual General Meeting

    The activity Seven Seas Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    A charge with Others amounted to Rs. 4.10 Cr with Charge ID 100943187 was registered on 11 Jun 2024. was recorded as a recent event.

  • Balance Sheet

    Progress on Seven Seas Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Director Appointment

    The activity Mogeeth was appointed as a Director was appointed as a Director on 10 Oct 2022 & has been associated with this company since 3 years 1 month . was completed.

  • Charges

    A charge registered on 26 Sep 2017 via Charge ID 100137845 with Tamilnad Mercantile Bank Limited was fully satisfied on 24 Dec 2020. was recorded as a recent event.

  • Director Appointment

    Arun Thangam was appointed as a Managing Director was appointed as a Managing Director on 17 Nov 2020 & has been associated with this company since 5 years 13 days . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Seven Seas Polymers Private Limited?

    The CIN of Seven Seas Polymers Private Limited is U51495TN1999PTC122154.

  • Where is Seven Seas Polymers Private Limited headquartered?

    Seven Seas Polymers Private Limited is headquartered at 37-A-1,Madakulam Main Road Near Grt Hotel, Palanganatham, Madurai, Tamil Nadu, 625003.

  • When was Seven Seas Polymers Private Limited incorporated?

    Seven Seas Polymers Private Limited was incorporated on 17 August 1999.

  • Who are the current directors of Seven Seas Polymers Private Limited?

    The current directors of Seven Seas Polymers Private Limited are

  • What is the primary industry of Seven Seas Polymers Private Limited?

    The primary industry of Seven Seas Polymers Private Limited is Trade.

  • Is Seven Seas Polymers Private Limited a listed company?

    Seven Seas Polymers Private Limited is unlisted.

  • What is the capital structure of Seven Seas Polymers Private Limited?

    The authorized capital of Seven Seas Polymers Private Limited is ₹4.25 Cr, and the paid-up capital is ₹4.05 Cr.

  • What is the compliance status of Seven Seas Polymers Private Limited?

    The compliance status of Seven Seas Polymers Private Limited is Compliant.

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