Parimal Polypet Industries Limited - Due diligence report

A 360° intelligence report on Parimal Polypet Industries Limited: trust score, financial health, credit view, compliance, directors, growth …

2012-10-22 Rajkot, Gujarat Active Unlisted Active Compliant
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Parimal Polypet Industries Limited — 360° Intelligence Report

Generated from MCA filings & public records
76/100
Trust Score
Low Risk

Parimal Polypet Industries Limited is assessed as Low Risk with a Trust Score of 76/100. Parimal Polypet Industries Limited is an active public limited indian non-government company incorporated in 2012, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 15 Aug 2026 from the latest processed filings. Parimal Polypet Industries Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Open charges exceed net worth - secured lenders rank ahead.
  • Profitable - internal accruals available.

Charges position: 1 open (4.36 cr) · 1 satisfied (3.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Oriental Bank Of Commerce1 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2023 - filings overdue.
  • Litigation present in 1 court forum(s).
  • 2 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
HITESH VASANT SHAH 01234567 Director 01/04/2018 6 yrs Approved
MEHUL VRAJLAL DATTANI 01234567 Director 01/04/2018 6 yrs Approved
VIRAJ VINODKUMAR DATTANI 01234567 Director 01/04/2018 6 yrs Approved
KRUNAL VINOD VITHALANI 01234567 Director 01/04/2018 6 yrs Approved
DHARMESH DHANESHA DAMODAR 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • HITESH VASANT SHAH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2021 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
2 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 13+ years.
Active GST registration(s).
Distress signals & risk flags
Statutory filings appear overdue.
1 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence74/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment67/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 4.36 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view87/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
03 Apr 2018
Charge satisfied
Oriental Bank Of Commerce
19 Mar 2018
Charge created
Others - 4.36 cr
01 Dec 2017
Director ceased
YOGI VINODKUMAR DATTANI
Director ceased
BHAVESH DHANESHA DAMODAR
Director ceased
SUNILKUMAR DINKARRAI THAKKAR
27 Jan 2014
Director appointed
KRUNAL VINOD VITHALANI (Director)
02 Jul 2013
Securities allotted
250000.00 Equity Shares - 25.00 Lakh raised
19 Feb 2013
Securities allotted
700000.00 Equity Shares - 70.00 Lakh raised
31 Jan 2013
Charge created
Oriental Bank Of Commerce - 3.00 cr
01 Nov 2012
Director appointed
VIRAJ VINODKUMAR DATTANI (Director)
22 Oct 2012
Incorporated
Registered with Roc Ahmedabad
Director appointed
HITESH VASANT SHAH (Director)
Director appointed
MEHUL VRAJLAL DATTANI (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
5 active director(s) / partner(s); review board churn before relying on management continuity.
2 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Comsyn India Private Limited U25209MP2020PTC052503 Indore, Madhya Pradesh, India
Brahans Polymers Private Limited U25110MH1998PTC116910 Mumbai, Maharashtra, India
Balahanuman Plastic Industries Private Limited U25201GJ2006PTC048270 Ahmedabad, Gujarat, India
The Bhavnagar Salt And Industrial Works Private Limited U24110GJ1943PTC000735 Bhavnagar, Gujarat, India
Greta Bathware Private Limited U26100GJ2017PTC098250 Morbi, Gujarat, India
Claropet Packaging Private Limited U25200MP2013PTC031532 Indore, Madhya Pradesh, India
Elite India Rubber Products Pvt Ltd U19202WB1992PTC054659 Kolkata, West Bengal, India
Thermosol Glass U26101DL2004PTC127033 New Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Parimal Polypet Industries Limited before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Parimal Polypet Industries Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Parimal Polypet Industries Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Parimal Polypet Industries Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Parimal Polypet Industries Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Parimal Polypet Industries Limited an active company?

Parimal Polypet Industries Limited has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Parimal Polypet Industries Limited financially healthy?

Parimal Polypet Industries Limited has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.

Should I do business with Parimal Polypet Industries Limited?

Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Parimal Polypet Industries Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 5 active director(s) are on record.

Does Parimal Polypet Industries Limited have loans or charges against its assets?

1 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.

Is Parimal Polypet Industries Limited up to date with its ROC filings?

Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Parimal Polypet Industries Limited?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.