Polymax Elastomers Private Limited

Manufacturer and exporter of rubber polymers, including o-rings, sheets, fenders, and flooring.

1986 | Thane, Maharashtra (India) | Active
Last Updated: December 24, 2024

Polymax Elastomers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.65 M
  • Revenue Growth 602.01%
  • Profit Growth 288.82%
  • Ebitda 1083.81%
  • Net Worth 16.07%
  • Total Assets 20.94%

About Polymax Elastomers

Polymax Elastomers Private Limited (PEPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 July 1986 and has a history of 38 years and seven months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Kwality Polymers Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹2.65 M.

Harsha Nijhawan, Goverdhan Nijhawan, and Rishi Nijhawan serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1986PTC040303

  • Company No.

    040303

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Polymax Elastomers Private Limited offer?

Polymax Elastomers Private Limited offers a wide range of products and services, including Seals, Oil Seals & Industrial Seals, Seal Rings, Door Mats & Bath Mats, Rubber Mats, Rubber Floorings, Rubber Tile, Sports Exercise Mats, Gym Mat, Door Lock, Safe Lock.

Who are the key members and board of directors at Polymax Elastomers?

Board Members (3)

Name Designation Appointment Date Status
Rishi Nijhawan Country flag representing Io Director 08-Dec-2010 Current
Harsha Nijhawan Country flag representing In Director 04-Aug-1986 Current
Goverdhan Nijhawan Country flag representing In Director 01-Apr-1991 Current

Financial Performance of Polymax Elastomers.

Polymax Elastomers Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 602.01% increase. The company also saw a substantial improvement in profitability, with a 288.82% increase in profit. The company's net worth Soared by an impressive increase of 16.07%.

Graph illustrating revenue growth over time
Graph showing 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
602.01%
Revenue from Operations
14591.52%
Total Assets
20.94%
Profit or Loss
288.82%
Net Worth
16.07%
EBITDA
1083.81%

What is the Ownership and Shareholding Structure of Polymax Elastomers?

In 2021, Polymax Elastomers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.65 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.27 Cr

Latest Charge Details

Date Lender Amount Status
06 Jul 1993 State Bank Of India ₹1.70 M Open
16 Mar 1987 State Bank Of India ₹0.95 M Open

How Many Employees Work at Polymax Elastomers?

Unlock and access historical data on people associated with Polymax Elastomers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polymax Elastomers, 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 Polymax Elastomers'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 Polymax Elastomers

Recent activity within the organization

  • Annual General Meeting

    Polymax Elastomers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Polymax Elastomers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Rishi Goverdhan Nijhawan was appointed as a Director was appointed as a Director on 08 Dec 2010 & has been associated with this company since 14 years 1 month .

    08 Dec 2010

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.70 M with Charge ID 90151397 was registered on 06 Jul 1993.

    06 Jul 1993

  • Director Appointment

    Goverdhan Atmaram Nijhawan was appointed as a Director was appointed as a Director on 01 Apr 1991 & has been associated with this company since 33 years 10 months .

    01 Apr 1991

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.95 M with Charge ID 90151354 was registered on 16 Mar 1987.

    16 Mar 1987

Frequently asked questions

  • Polymax Elastomers Private Limited was incorporated on 04 Jul 1986.

  • The authorized share capital of Polymax Elastomers Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Polymax Elastomers Private Limited.

    • Harsha Goverdhan Nijhawan
    • Goverdhan Atmaram Nijhawan
    • Rishi Goverdhan Nijhawan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polymax Elastomers Private Limited is Plot No A 471 Rd 28 Wagle Ind Estate, Thane India, Maharastra, Maharashtra, 400604.

  • The corporate identification number (CIN) of Polymax Elastomers Private Limited is U99999MH1986PTC040303 and the company number is 040303 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polymax Elastomers Private Limited is https://www.kwalitypolymers.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Polymax Elastomers Private Limited has risen by 602.01%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Polymax Elastomers Private Limited has experienced an upsurge of 16.07%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Polymax Elastomers Private Limited amount to ₹ 2.65 M.

  • The most recent Balance Sheet for Polymax Elastomers Private Limited was filed with the ROC on 31 Mar 2024.