Reaselack Polymers Private Limited - Due diligence report

A 360° intelligence report on Reaselack Polymers Private Limited: trust score, financial health, credit view, compliance, directors, growth …

1995-04-18 Secundrabad, Telangana Under Cirp Unlisted Active Compliant
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RP Reaselack Polymers Private Limited

Reaselack Polymers Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
42/100
Trust Score
Caution Indicated

Reaselack Polymers Private Limited is assessed as Caution Indicated with a Trust Score of 42/100. Reaselack Polymers Private Limited is a private limited indian non-government company incorporated in 1995, operating in the Manufacturing sector. Reported revenue has declined 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 high compliance risk and high financial risk profile.

Report generated on 13 Jun 2026 from the latest processed filings. Reaselack Polymers Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

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 ScoreCaution Indicated
42/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
35/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
25/100
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: 45/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 9 satisfied (18.80 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India4 48.0 cr
Indian Bank1 48.0 cr
Others4 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Under Cirp" - not Active.
  • Last balance sheet is for Mar 2021 - filings overdue.
  • Flagged by authority: NCLT, EPFO, MCA.
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
KALLAT VATSA KUMAR 01234567 Director 01/04/2018 6 yrs Approved
NAGARJUNA RAO CHAKILAM 01234567 Director 01/04/2018 6 yrs Approved
PRADEEP JAIKISHAN DAMANI 01234567 Director 01/04/2018 6 yrs Approved
JAYSHREE PRADEEP DAMANI 01234567 Director 01/04/2018 6 yrs Approved
  • 4 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 2017)
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 2020 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
3 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 40 · Distress 25
Growth signals & trust indicators
Operating for 31+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Under Cirp.
Compliance score is weak (5/100).
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence22/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment32/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view39/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
06 Jan 2025
Charge satisfied
Indian Bank
02 Apr 2024
Director appointed
NAGARJUNA RAO CHAKILAM (IRP/RP/Liquidator)
31 Oct 2023
Director appointed
KALLAT VATSA KUMAR (IRP/RP/Liquidator)
30 Nov 2021
Last AGM held
Annual general meeting
31 Mar 2021
Latest balance sheet
Filed with ROC
29 Jan 2020
Charge satisfied
Others
27 Dec 2019
Charge created
Indian Bank - 4.41 cr
09 Oct 2019
Charge created
Others - 30.00 Lakh
28 Mar 2018
Charge created
Others - 76.00 Lakh
19 Dec 2017
Charge created
Others - 32.50 Lakh
08 Sep 2017
Charge created
Others - 2.00 cr
25 Jul 2017
Charge satisfied
State Bank Of India
19 Jul 2017
Charge satisfied
State Bank Of India
28 Jun 2017
Director appointed
JAYSHREE PRADEEP DAMANI (Director)
Director ceased
JAIKISHAN KISANLAL DAMANI
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 9 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Baroda Pestipack Private Limited U36997GJ2015PTC082167 Vadodara, Gujarat, India
Europack Machines (India) Private Limited U29250MH1998PTC113092 Mumbai, Maharashtra, India
Balaji Micro Technologies Private Limited U72900DL2011PTC212358 New Delhi, Delhi, India
Smlp Concrete Private Limited U26922KA2019PTC122915 Bangalore Rural, Karnataka, India
Fenestech U74900KA2013PTC071061 Bangalore, Karnataka, India
Benito Ceramic Private Limited U26933GJ2011PTC066474 Morbi, Gujarat, India
Radhekrishna Packaging Private Limited U25202GJ2002PTC040928 Ahmedabad, Gujarat, India
Rudraksh Plastics Private Limited U24130GJ2005PTC103135 Gandhidham, Gujarat, India
12

Who Uses This Report

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

Verify Reaselack Polymers Private Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Reaselack Polymers Private 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: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Reaselack Polymers Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 42/100, distress signals and MSME payment-delay disclosures - know whether Reaselack Polymers Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Reaselack Polymers Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Reaselack Polymers Private Limited an active company?

Reaselack Polymers Private Limited has MCA status “Under Cirp” with a compliance score of 5/100 (Caution Indicated).

Is Reaselack Polymers Private Limited financially healthy?

Reaselack Polymers Private Limited has a Financial Health Score of 35/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Reaselack Polymers Private Limited?

Its overall Trust Score is 42/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Reaselack Polymers Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Reaselack Polymers Private Limited have loans or charges against its assets?

No open charges - all 9 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Reaselack Polymers Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2021 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Reaselack Polymers Private Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.