Bang Polyweave Private Limited

Textile manufacturing and processing for various industries.

2020 | Solapur, Maharashtra (India) | Active
Last Updated:

Bang Polyweave Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 4 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 35.65 Cr
  • Revenue Growth 1066.05%
  • Profit Growth 690.59%
  • Ebitda 860.58%
  • Net Worth 972.41%
  • Total Assets -0.63%

About Bang Polyweave

Bang Polyweave Private Limited (BPPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 May 2020 (Four years and 11 months 14 days old ). Its registered office is in Solapur, Maharashtra, India.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹35.65 Cr.

Krishnakumar Bang and Vasudev Bang serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17299PN2020PTC190982

  • Company No.

    190982

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2020

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Packaging
Company report

Bang Polyweave Private Limited

Explore comprehensive data for Bang Polyweave Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Bang Polyweave?

Board Members (2)

NameDesignationAppointment DateStatus
Krishnakumar Bang Country flag representing In Director 21-Nov-2020Current
Vasudev Bang Country flag representing In Director 21-Nov-2020Current

Financial Performance of Bang Polyweave.

Bang Polyweave Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1066.05% increase. The company also saw a substantial improvement in profitability, with a 690.59% increase in profit. The company's net worth Soared by an impressive increase of 972.41%.

Bang Polyweave revenue growth over time
Bang Polyweave profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1066.05%
Revenue from Operations
1069.77%
Total Assets
-0.63%
Profit or Loss
690.59%
Net Worth
972.41%
EBITDA
860.58%

What is the Ownership and Shareholding Structure of Bang Polyweave?

In 2023, Bang Polyweave had a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.65 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 27.15 Cr
  • Others : 8.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2024Others₹8.50 CrOpen
01 Jul 2021Yes Bank Limited₹27.15 CrOpen

How Many Employees Work at Bang Polyweave?

Bang Polyweave has a workforce of 32 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Bang Polyweave Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bang Polyweave, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bang Polyweave's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bang Polyweave

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 8.50 Cr with Charge ID 100856949 was registered on 18 Jan 2024.

  • Annual General Meeting

    Bang Polyweave Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Bang Polyweave Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

    A charge with Yes Bank Limited of Rs. 27.15 Cr registered on 01 Jul 2021 with Charge ID 100455054 was modified on 01 Nov 2021.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 27.15 Cr with Charge ID 100455054 was registered on 01 Jul 2021.

  • Director Appointment

    Krishnakumar Ramkumar Bang was appointed as a Director was appointed as a Director on 21 Nov 2020 & has been associated with this company since 4 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Bang Polyweave Private Limited?

    Bang Polyweave Private Limited was incorporated on 29 May 2020.

  • What is authorized share capital and paid-up capital of Bang Polyweave Private Limited?

    The authorized share capital of Bang Polyweave Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Bang Polyweave Private Limited?

    Currently 2 directors are associated with Bang Polyweave Private Limited.

    • Krishnakumar Ramkumar Bang
    • Vasudev Rangnath Bang

  • What is the registered address of Bang Polyweave Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bang Polyweave Private Limited is Flat No-203, Second Floor Tiyara Apartment India, Solapur, Maharashtra, 413002.

  • What is the corporate identification number (CIN) and company number of Bang Polyweave Private Limited?

    The corporate identification number (CIN) of Bang Polyweave Private Limited is U17299PN2020PTC190982 and the company number is 190982 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Bang Polyweave Private Limited?

    The Official website of Bang Polyweave Private Limited is https://www.ashoktowels.com

  • What has been the recent revenue trend for Bang Polyweave Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Bang Polyweave Private Limited has risen by 1066.05%.

  • How many employees does Bang Polyweave Private Limited currently have?

    As Per 2023 financial reports, 32 employees are currently employed by Bang Polyweave Private Limited.

  • What change has been observed in the net worth of Bang Polyweave Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Bang Polyweave Private Limited has experienced an upsurge of 972.41%.

  • What are the total open charges for Bang Polyweave Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Bang Polyweave Private Limited amount to ₹ 35.65 Cr.

  • When was the last Balance Sheet of Bang Polyweave Private Limited filed with the ROC?

    The most recent Balance Sheet for Bang Polyweave Private Limited was filed with the ROC on 31 Mar 2023.

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