Rama Polycon Limited - Due diligence report

A 360° intelligence report on Rama Polycon Limited: trust score, financial health, credit view, compliance, directors, growth and distress s…

2011-10-21 Ahmedabad, Gujarat Active Unlisted Active Compliant
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RP Rama Polycon Limited
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Rama Polycon Limited — 360° Intelligence Report

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

Rama Polycon Limited is assessed as Low Risk with a Trust Score of 76/100. Rama Polycon Limited is an active public limited indian non-government company incorporated in 2011, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 17 Aug 2026 from the latest processed filings. Rama Polycon 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 ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
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.

Get full access

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: 35/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Working-capital cover adequate.

Charges position: 4 open (50.49 cr) · 5 satisfied (18.37 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited3 48.0 cr
Others4 48.0 cr
Sidbi1 48.0 cr
Indusind Bank Limited1 48.0 cr
Compliance Score: 93/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
RICHA GANDHI 01234567 Director 01/04/2018 6 yrs Approved
JATIN BHANUBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
TUSHAR BHANUBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
RUSHI TUSHAR PATEL 01234567 Director 01/04/2018 6 yrs Approved
NEEL JATIN PATEL 01234567 Director 01/04/2018 6 yrs Approved
CHANDANI ANKITKUMAR JHANWAR 01234567 Director 01/04/2018 6 yrs Approved
CHANDANI ANKITKUMAR JHANWAR 01234567 Director 01/04/2018 6 yrs Approved
RUSHWEE RUSHI PATEL 01234567 Director 01/04/2018 6 yrs Approved
MAHENDRA SHAH KANAIYALAL 01234567 Director 01/04/2018 6 yrs Approved
RUSHWEE RUSHI PATEL 01234567 Director 01/04/2018 6 yrs Approved
Chandani Jhanwar 01234567 Director 01/04/2018 6 yrs Approved
  • 11 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
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 2023 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
5 allotment(s) · 0 transfer(s)

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

Key managerial personnel: JATIN BHANUBHAI PATEL (Managing Director) · TUSHAR BHANUBHAI PATEL (Whole-time director) · RUSHI TUSHAR PATEL (Whole-time director) · NEEL JATIN PATEL (Managing Director) · RUSHWEE RUSHI PATEL (CFO) · RUSHWEE RUSHI PATEL (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 60
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Operating for 14+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
4 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 diligence78/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment51/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 50.49 cr already registered.
  • Compliance record supports lending.
Investor view57/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
09 Sep 2025
Last AGM held
Annual general meeting
11 Aug 2025
Charge created
Hdfc Bank Limited - 23.78 Lakh
31 Mar 2025
Latest balance sheet
Filed with ROC
01 Aug 2023
Director appointed
Chandani Jhanwar (Company Secretary)
02 Jul 2023
Director appointed
CHANDANI ANKITKUMAR JHANWAR (Company Secretary)
06 Jun 2023
Charge created
Sidbi - 3.15 cr
17 Feb 2021
Charge satisfied
Others
18 Jul 2019
Charge satisfied
Indusind Bank Limited
19 Apr 2018
Charge created
Hdfc Bank Limited - 36.10 cr
21 Mar 2018
Charge satisfied
Others
09 Feb 2018
Charge created
Hdfc Bank Limited - 11.00 cr
31 Aug 2017
Charge created
Others - 14.90 Lakh
31 Jul 2017
Securities allotted
1500000 Equity Shares - 2.40 cr raised
30 Jun 2017
Charge created
Others - 12.62 Lakh
06 Mar 2017
Director appointed
RICHA GANDHI (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
11 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Avnflex Packing Private Limited U25209TG2019PTC131937 Rajendranagar, Telangana, India
Mahi Drymix Products Private Limited U26999TG2015PTC099332 Hyderabad, Telangana, India
Pankaj Plastic Industries Private Limited U25209WB2018PTC228189 Kolkata, West Bengal, India
Divya Packmaf Private Limited U25200DL2009PTC190676 New Delhi, Delhi, India
R K Metal And Plastic Private Limited U28129MH1998PTC117027 Mumbai, Maharashtra, India
Santosh Polyfab Private Limited U13124UP2015PTC072541 Faridpur, Uttar Pradesh, India
Shand Pipe Industry Private Limited U25191KA1992PTC013116 Bangalore, Karnataka, India
Brite Rubber Processor Private Limited U25190TR2007PTC008235 Agartala, Tripura, India
12

Who Uses This Report

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

Verify Rama Polycon Limited before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Rama Polycon 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 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Rama Polycon 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 Rama Polycon 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 Rama Polycon Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Rama Polycon Limited an active company?

Rama Polycon Limited has MCA status “Active” with a compliance score of 93/100 (Low Risk).

Is Rama Polycon Limited financially healthy?

Rama Polycon Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Rama Polycon 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 Rama Polycon Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 11 active director(s) are on record.

Does Rama Polycon Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 5 earlier charge(s) stand satisfied.

Is Rama Polycon Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).

Is it risky to lend to Rama Polycon Limited?

Its Credit Risk Score is 35/100 (Caution Indicated). 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.