Speciality Polymers Private Limited

Speciality Polymers Private Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24295MH1988PTC049233 Incorporated 14 October 1988 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2015
₹253.26 Cr
▲ 21% YoY
Net profit · FY 2015
₹5.23 Cr
Net margin 2.1%
EBITDA · FY 2015
₹14.07 Cr
EBITDA margin 5.6%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹78.6 Cr
Satisfied ₹9.96 Cr
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings

About Speciality Polymers Private Limited

Data last updated:

Speciality Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, 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 specialty chemicals segment of the chemicals and materials sector. It was incorporated on 14 October 1988.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24295MH1988PTC049233. Its GSTIN is 27AACCS3432R2ZW (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹1.94 Cr. It is led by directors Padmanabha Sundaram Sharma and Sthanusesha S Sharma.

Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Office No 5A 6A New Excelsior Building Wallace Street A.K. Naik Marg Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2015, the company reported a revenue of ₹253.26 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹5.23 Cr (net margin 2.1%) and EBITDA of ₹14.07 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.

As per MCA filings, the company has open charges of ₹78.6 Cr and satisfied charges of ₹9.96 Cr on record. Court records list 49 cases involving the company, including 3 filed by the company and 43 filed against it; 21 cases are pending.

The last known website on record is specialitypolymer.com.

Company Details of Speciality Polymers Private Limited
CIN U24295MH1988PTC049233
Registration Number 049233
Incorporation Date 14 October 1988
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    Office No 5A 6A New Excelsior Building Wallace Street A.K. Naik Marg Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Chemicals and Materials, Specialty Chemicals
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Financials, compliance, directors, charges, ownership and filings for Speciality Polymers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Speciality Polymers Private Limited FY 2015 filings available

Speciality Polymers Private Limited reported revenue of ₹253.26 Cr (up 21% YoY) for FY 2015.

Revenue · FY 2015
₹253.26 Cr ▲ 21%
Net profit · FY 2015
₹5.23 Cr margin 2.1%
EBITDA · FY 2015
₹14.07 Cr margin 5.6%

Compounded Annual Growth Rate (CAGR) of Speciality Polymers Private Limited

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 51%

Revenue has grown at a compounded annual rate (CAGR) of 29% over three years, including 21% growth in the latest year. EBITDA rose 19% 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 of Speciality Polymers Private Limited

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue₹253.26 Cr
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA₹14.07 Cr
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹5.23 Cr
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 of Speciality Polymers Private Limited

MetricsFY 2014-15
Profitability
EBITDA Margin5.6%
Net Profit Margin2.1%
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••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Speciality Polymers are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Speciality Polymers Private Limited

Speciality Polymers Private Limited is audited by N. C. Shah & Co. for the financial year 2015.

NameStatusAppointment DateCessation Date
N. C. Shah & Co.LockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Speciality Polymers Private Limited

Speciality Polymers has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Padmanabha Sundaram SharmaDirector14 Oct 198837 Years 11 MonthsAs last reported
Sthanusesha S SharmaDirector14 Oct 198837 Years 11 MonthsAs last reported

Ownership and Shareholding of Speciality Polymers Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Speciality Polymers Private Limited

Open charges
₹78.6 Cr
Satisfied charges
₹9.96 Cr
Breakdown by lending institutions
Corporation Bank₹78.60 Cr
Latest charge details
DateLenderAmountStatus
07 May 2008Corporation Bank₹78.6 CrOpen
22 Aug 2009S. E. Investments Limited₹75 LakhSatisfied
31 Oct 2006Punjab National Bank₹16 LakhSatisfied
31 Oct 2006Punjab National Bank₹40 LakhSatisfied
10 Jan 2006Punjab National Bank₹4.15 CrSatisfied

Total charge records: 7 View all charges

Employees and EPFO Compliance at Speciality Polymers Private Limited

Speciality Polymers Private Limited has a workforce of 0 employees as of Apr 09, 2024.

Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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Recent Activity on Speciality Polymers Private Limited

Speciality Polymers Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Padmanabha Sundaram Sharma was appointed as Director on 14 Oct 1988.

AGM
Speciality Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Charges
A charge with Corporation Bank of Rs. 78.60 Cr registered on 07 May 2008 with Charge ID 10126257 was modified on 11 Aug 2015.
Filing
Speciality Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai.
Charges
A charge registered on 22 Aug 2009 via Charge ID 10173137 with S. E. Investments Limited was fully satisfied on 28 Feb 2013.
Charges
A charge with S. E. Investments Limited amounted to Rs. 0.75 Cr with Charge ID 10173137 was registered on 22 Aug 2009.
Charges
A charge registered on 31 Oct 2006 via Charge ID 10027981 with Punjab National Bank was fully satisfied on 29 Jul 2008.
Charges
A charge registered on 31 Oct 2006 via Charge ID 10027982 with Punjab National Bank was fully satisfied on 29 Jul 2008.
Charges
A charge registered on 10 Jan 2006 via Charge ID 90232351 with Punjab National Bank was fully satisfied on 29 Jul 2008.
Charges
A charge registered on 15 Mar 2003 via Charge ID 80005177 with Punjab National Bank was fully satisfied on 29 Jul 2008.
Charges
A charge registered on 02 Aug 2002 via Charge ID 90144030 with Punjab National Bank was fully satisfied on 29 Jul 2008.
Charges
A charge with Corporation Bank amounted to Rs. 78.60 Cr with Charge ID 10126257 was registered on 07 May 2008.
Charges
A charge with Punjab National Bank amounted to Rs. 0.16 Cr with Charge ID 10027981 was registered on 31 Oct 2006.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Speciality Polymers Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Speciality Polymers Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Speciality Polymers Private Limited

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Corporate group structure

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GST Compliance of Speciality Polymers Private Limited

Speciality Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AACCS3432R2ZWMaharashtraActive06 Nov 2020
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Speciality Polymers Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Speciality Polymers Private Limited

Speciality Polymers 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.

Speciality Polymers is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 14 October 1988 and is registered under CIN U24295MH1988PTC049233. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Speciality Polymers reported revenue of ₹253.26 Cr for FY 2015 (up 21% YoY).

Speciality Polymers has 2 current directors:

Speciality Polymers reported a net profit of ₹5.23 Cr (net margin 2.1%) and EBITDA of ₹14.07 Cr (EBITDA margin 5.6%) for FY 2015, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Speciality Polymers is 29% over three years. In the latest year (FY 2015) revenue rose 21%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Speciality Polymers is U24295MH1988PTC049233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Speciality Polymers has open charges of ₹78.6 Cr and satisfied charges of ₹9.96 Cr as per latest MCA filings.

Speciality Polymers has 49 court cases on record: 3 filed by the company and 43 filed against it. 21 are pending. Most are in the district courts.

Speciality Polymers was incorporated on 14 October 1988. It is registered with the Registrar of Companies, Mumbai.

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