Shankarsheth Polymers Private Limited - Company Profile

It is a manufacturing private limited company based in Latur, Maharashtra, India, established in 2009.
2009 Latur, Maharashtra, India Active
Last Updated:
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About Shankarsheth Polymers Private Limited

Shankarsheth Polymers Private Limited, a active private limited company, was established on 24 September 2009 in Latur, Maharashtra, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U25190MH2009PTC196009. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.75 Cr and a paid-up capital of ₹2.50 M.

It upholds a compliant status. Its leadership includes Kushal Nilesh Thakker (Director), Nilesh Hemraj Thakker (Director). Past directors included Ajay Hemraj Thakker, Atul Thakkar, Pinakin Atul Thakker. It holds ₹13.10 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Plot No.A-94, Additional Midc, Harangul (Bk.), Latur, Maharashtra, 413512.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U25190MH2009PTC196009

  • Registration Number

    196009

  • Incorporation Date

    24 September 2009

  • Authorized Capital

    ₹1.75 Cr

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 13.10 Cr
  • Revenue Growth **** -95.53%
  • Profit Growth **** -421.78%
  • Ebitda **** -115.14%
  • Net Worth -40.59%
  • Total Assets -9.67%
Company report

Shankarsheth Polymers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Shankarsheth 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 Shankarsheth Polymers Private Limited?
Current Directors
Name Designation Appointment Date Status
Kushal Nilesh Thakker Director 18 Jan 2018 Current
Nilesh Hemraj Thakker Director 21 Mar 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 May 2014 Past
Pramod Abcsdd Director 25 Mar 2014 Past
Pramod Abcsdd Director 25 Mar 2014 Past
Pramod Abcsdd Director 25 Mar 2014 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past

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Financial Performance of Shankarsheth Polymers.

Shankarsheth Polymers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 95.53% decrease. The company also saw a substantial fall in profitability, with a 421.78% decrease in profit. The company's net worth observed a substantial decline by a decrease of 40.59%.

Shankarsheth Polymers revenue growth over time
Shankarsheth Polymers 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
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 -95.53%
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Revenue from Operations
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*******
Total Assets
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 -9.67%
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Profit or Loss
*******
 -421.78%
*******
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*******
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Net Worth
*******
 -40.59%
*******
*******
*******
*******
EBITDA
*******
 -115.14%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Shankarsheth Polymers?

In 2022, Shankarsheth Polymers had a promoter holding of 98.00% and a public holding of 2.00%. 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

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Charges (Loans)
Open Charges

₹131,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 13.10 Cr
Latest Charge Details
Date Lender Amount Status
24 Feb 2021 Others ₹1.75 Cr Open
31 Jan 2019 Others ₹8.00 M Open
09 May 2015 Others ₹3.00 Cr Open
10 Jan 2013 Others ₹8.00 M Open
21 Aug 2011 Others ₹3.20 M Open

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How Many Employees Work at Shankarsheth Polymers?

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

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 Shankarsheth 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 Shankarsheth 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.

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Latest Updates, News, and FAQs on Shankarsheth Polymers
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Shankarsheth Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Shankarsheth Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was documented.

  • Charges

    A charge with Others amounted to Rs. 1.75 Cr with Charge ID 100424945 was registered on 24 Feb 2021. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 09 May 2015 with Charge ID 10581662 was modified on 24 Feb 2021. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 0.80 Cr registered on 10 Jan 2013 with Charge ID 10408604 was modified on 24 Feb 2021. was completed.

  • Charges

    A charge with Others of Rs. 0.32 Cr registered on 21 Aug 2011 with Charge ID 10306891 was modified on 24 Feb 2021. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Shankarsheth Polymers Private Limited?

The CIN of Shankarsheth Polymers Private Limited is U25190MH2009PTC196009.

Where is Shankarsheth Polymers Private Limited headquartered?

Shankarsheth Polymers Private Limited is headquartered at Plot No.A-94, Additional Midc, Harangul (Bk.), Latur, Maharashtra, 413512.

When was Shankarsheth Polymers Private Limited incorporated?

Shankarsheth Polymers Private Limited was incorporated on 24 September 2009.

Who are the current directors of Shankarsheth Polymers Private Limited?

The current directors of Shankarsheth Polymers Private Limited are

What is the primary industry of Shankarsheth Polymers Private Limited?

The primary industry of Shankarsheth Polymers Private Limited is Manufacturing.

Is Shankarsheth Polymers Private Limited a listed company?

Shankarsheth Polymers Private Limited is unlisted.

What is the capital structure of Shankarsheth Polymers Private Limited?

The authorized capital of Shankarsheth Polymers Private Limited is ₹1.75 Cr, and the paid-up capital is ₹2.50 M.

What is the compliance status of Shankarsheth Polymers Private Limited?

The compliance status of Shankarsheth Polymers Private Limited is Compliant.

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