True Polymers Limited
About True Polymers Limited
Data last updated:
True Polymers Limited is a public limited company based in Chandigarh, India. It operates in the manufacturing segment of the plastics and polymers sector. It was incorporated on 13 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25209CH1996PLC018161.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Gautam Rakha Ram and Ravi Lal.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at House No. 72 Sector 19A, Chandigarh, India – 160019.
As per MCA filings, the company has open charges of ₹43.16 Lakh and satisfied charges of ₹1.02 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
True Polymers has one previous CIN (Corporate Identification Number): L25209CH1996PLC018161. The current CIN is U25209CH1996PLC018161, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209CH1996PLC018161 | Current |
| L25209CH1996PLC018161 | Previous |
Contact details
True Polymers Limited's registered office is in Chandigarh, Chandigarh.
- Registered AddressHouse No. 72 Sector 19A, Chandigarh, India – 160019
- IndustryPlastics, Manufacturing, Pvc, Plastic, Tank, Synthetic
- 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
Financials of True Polymers Limited
FY 2014 filings availableFinancial Statement Summary
| Metrics | FY 2013-14 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 True Polymers Limited, buy the company report.
Board of directors of True Polymers Limited
True Polymers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Rakha Ram | Director | 22 Apr 2004 | 22 Years 6 Months | Current |
| Ravi Lal | Director | 13 May 1996 | 30 Years 5 Months | Current |
| Mohinder Singh | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2001 | 90176010 | Centurian Bank Ltd. | ₹4.65 Lakh | Open | |
| 29 Mar 2001 | 90310277 | Centurian Bank Limited | ₹4.65 Lakh | Open | |
| 15 Jan 1997 | 90173381 | Central Bank of India | ₹13.5 Lakh | Open | |
| 13 Jan 1997 | 90310040 | Central Bank of India | ₹13.5 Lakh | Open | |
| 29 Nov 1996 | 90175831 | Harayana Financial Co. | ₹6.86 Lakh | Open |
To see the full charge records of True Polymers Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
True Polymers Limited has 2 court cases on record: 2 filed by True Polymers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Appeal | Filed by the company against Haryana Financial Corporation and 3 others | Disposed |
| District court, Panchkula, Haryana | Civil suit | Filed by the company against Haryana Financial State Co-Operative | Disposed |
To see the full case history of True Polymers 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for True Polymers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for True Polymers Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
True Polymers Limited has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Mohinder Singh was appointed as Director on 14 Nov 2014.
8 earlier events are in the company report.
Frequently asked questions
True Polymers is an active public limited company based in Chandigarh, India. The company works in manufacturing, within the plastics industry. It was incorporated on 13 May 1996 (30+ years old) and is registered under CIN U25209CH1996PLC018161.
True Polymers has 3 current directors:
- Gautam Rakha Ram - Director
- Ravi Lal - Director
- Mohinder Singh - Director
The latest financial statements of True Polymers on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of True Polymers is U25209CH1996PLC018161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
True Polymers has 2 court cases on record: 2 filed by the company.
True Polymers was incorporated on 13 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Chandigarh.
Mohinder Singh was appointed as Director on 14 Nov 2014. Tarsem Lal ceased to be Director on 15 Jun 2014. Gautam Rakha Ram was appointed as Director on 22 Apr 2004. True Polymers has 4 board changes on record in total.
The registered office of True Polymers is at House No. 72 Sector 19A, Chandigarh, India – 160019.
True Polymers operates in the plastics industry, in the manufacturing segment.
True Polymers has open charges of ₹43.16 Lakh and satisfied charges of ₹1.02 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
