Secure Polymers Private Limited - Due diligence report

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

1999-08-27 Rajkot, Gujarat Active Unlisted Active Compliant
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Secure Polymers Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
91/100
Trust Score
Low Risk

Secure Polymers Private Limited is assessed as Low Risk with a Trust Score of 91/100. Secure Polymers Private Limited is an active private limited indian non-government company incorporated in 1999, 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 low compliance risk and low financial risk profile.

Report generated on 27 Jul 2026 from the latest processed filings. Secure Polymers Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › 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
91/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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: 50/100 Moderate
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 2 open (9.60 cr) · 4 satisfied (9.59 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited3 48.0 cr
Others1 48.0 cr
State Bank Of Saurashtra2 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
BHIKHALAL VALJIBHAI VIRADIA 01234567 Director 01/04/2018 6 yrs Approved
RASIKLAL VALJIBHAI VIRADIA 01234567 Director 01/04/2018 6 yrs Approved
VASANTBHAI VALJIBHAI VIRADIA 01234567 Director 01/04/2018 6 yrs Approved
  • 3 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 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
-

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 75 · Distress 90
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 26+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
2 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 diligence92/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment70/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 9.60 cr already registered.
  • Compliance record supports lending.
Investor view81/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
23 Jan 2026
Charge created
Hdfc Bank Limited - 80.00 Lakh
30 Sep 2025
Last AGM held
Annual general meeting
14 Aug 2025
Charge satisfied
Hdfc Bank Limited
31 Mar 2025
Latest balance sheet
Filed with ROC
14 Dec 2023
Charge created
Others - 8.80 cr
01 Jan 2014
Director ceased
ISHWARLAL HARILAL ZATAKIYA
Director ceased
JAYKUMAR ISHWARLAL ZATAKIA
18 Jul 2012
Charge created
Hdfc Bank Limited - 4.29 cr
17 Jul 2012
Charge satisfied
State Bank Of Saurashtra
25 Jun 2012
Charge created
Hdfc Bank Limited - 4.29 cr
31 May 2012
Director appointed
VASANTBHAI VALJIBHAI VIRADIA (Director)
06 May 2011
Director ceased
PURSHOTTAMBHAI LAXMANBHAI PARSANA
15 Feb 2005
Charge created
State Bank Of Saurashtra - 50.00 Lakh
14 Aug 2000
Charge created
State Bank Of Saurashtra - 50.00 Lakh
17 Feb 2000
Director appointed
BHIKHALAL VALJIBHAI VIRADIA (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.
Compliance record is strong - status, filings and flags are clean.
3 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 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Bhart Plasto Chem Private Limited U25209PB1997PTC020851 Punjab, Punjab, India
Mnm Composites Private Limited U24295MH2005PTC152221 Mumbai, Maharashtra, India
Jaya Hume Pipes Private Limited U25209AP2002PTC038476 Guntur, Andhra Pradesh, India
Vvbg Private Limited U33203MH1995PTC093210 Mumbai, Maharashtra, India
Pratibimb Flex Pack Private Limited U74950PN2006PTC129233 Pune, Maharashtra, India
Roop Koepp Foam Technologies Private Limited U25192HR2011PTC042766 Gurgaon, Haryana, India
Nitisha Flexo Private Limited U74900DL2011PTC228510 Delhi, Delhi, India
Shri Ranisati Containers Private Limited U74900MH2013PTC243741 Vasai, Maharashtra, India
12

Who Uses This Report

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

Verify Secure Polymers Private 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 Secure 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: Favourable lending indicators. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Secure Polymers Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 91/100, distress signals and MSME payment-delay disclosures - know whether Secure Polymers Private 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 Secure Polymers Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Secure Polymers Private Limited an active company?

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

Is Secure Polymers Private Limited financially healthy?

Secure Polymers Private Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Secure Polymers Private Limited?

Its overall Trust Score is 91/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Secure Polymers Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

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

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

Is Secure Polymers Private 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 Secure Polymers Private Limited?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Favourable lending indicators.

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.