Polisetty Somasundaram Pvt Ltd

Sells tobacco and provides real estate services for rental income.

1968 | Guntur, Andhra Pradesh (India) | Active
Last Updated:

Polisetty Somasundaram Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 56 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.96 M
  • Satisfied Charges ₹ 15.47 Cr
  • Revenue Growth -32.56%
  • Profit Growth 3068.95%
  • Ebitda -146.77%
  • Net Worth 70.45%
  • Total Assets 103.50%

About Polisetty Somasundaram

Polisetty Somasundaram Pvt Ltd (PSPL) was founded in India on 18 December 1968 and has a glorious history of 56 years and two months.Its registered office is in Guntur, Andhra Pradesh, India.

The Corporate was formerly known as Polisetty Somasundaram Ltd. The Company is engaged in the Fmcg 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 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹4.96 M. The company has closed loans amounting to ₹15.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhinava Polisetty, Lakshmiparvathi Polisetty, Sridatta Polisetty, and One other member serve as directors at the Company.

Company Details

  • Location

    Guntur, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52609AP1968PTC001235

  • Company No.

    001235

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Dec 1968

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

FMCG

Who are the key members and board of directors at Polisetty Somasundaram?

Board Members (4)

NameDesignationAppointment DateStatus
Sridatta Polisetty Country flag representing In Director 12-Jun-2014Current
Abhinava Polisetty Country flag representing In Director 12-Jun-2014Current
Lakshmiparvathi Polisetty Country flag representing In Director 03-Aug-1995Current
Somasundaram Polisetty Country flag representing In Director 20-Feb-2023Current

Financial Performance of Polisetty Somasundaram.

Polisetty Somasundaram Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.56% decrease. The company also saw a substantial improvement in profitability, with a 3068.95% increase in profit. The company's net worth Soared by an impressive increase of 70.45%.

Polisetty Somasundaram revenue growth over time
Polisetty Somasundaram 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
-32.56%
Revenue from Operations
Total Assets
103.50%
Profit or Loss
3068.95%
Net Worth
70.45%
EBITDA
-146.77%

What is the Ownership and Shareholding Structure of Polisetty Somasundaram?

Unlock access to Polisetty Somasundaram's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.96 M

Satisfied Charges

₹154.65 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.40 Cr
  • Sundaram Finance Limited : 0.06 Cr
  • M/S Sundaram Finance Ltd : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2023Hdfc Bank Limited₹4.01 MOpen
18 Sep 2000M/S Sundaram Finance Ltd₹0.32 MOpen
25 May 1997Sundaram Finance Limited₹0.31 MOpen
25 May 1977Sundaram Finance Limited₹0.31 MOpen
15 Dec 2006State Bank Of India₹2.15 CrSatisfied

How Many Employees Work at Polisetty Somasundaram?

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

Employee growth trends for Polisetty Somasundaram Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polisetty Somasundaram, 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 Polisetty Somasundaram'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 Polisetty Somasundaram

Recent activity within the organization

  • Annual General Meeting

    Polisetty Somasundaram Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.01 M with Charge ID 100722741 was registered on 31 Mar 2023.

  • Balance Sheet

    Polisetty Somasundaram Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

  • Director Appointment

    Somasundaram Polisetty was appointed as a Director was appointed as a Director on 20 Feb 2023 & has been associated with this company since 2 years 17 days .

  • Charges

    A charge registered on 15 Dec 2006 via Charge ID 10031476 with State Bank Of India was fully satisfied on 20 Jun 2014.

  • Director Appointment

    Abhinava Sundaram Polisetty was appointed as a Director was appointed as a Director on 12 Jun 2014 & has been associated with this company since 10 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Polisetty Somasundaram Pvt Ltd?

    Polisetty Somasundaram Pvt Ltd was incorporated on 18 Dec 1968.

  • What is authorized share capital and paid-up capital of Polisetty Somasundaram Pvt Ltd?

    The authorized share capital of Polisetty Somasundaram Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Polisetty Somasundaram Pvt Ltd?

    Currently 4 directors are associated with Polisetty Somasundaram Pvt Ltd.

    • Abhinava Sundaram Polisetty
    • Lakshmiparvathi Polisetty
    • Sridatta Sai Polisetty
    • Somasundaram Polisetty

  • What is the registered address of Polisetty Somasundaram Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polisetty Somasundaram Pvt Ltd is D. No. 3-30-17 Ring Road, India, Guntur, Andhra Pradesh, 522006.

  • What is the corporate identification number (CIN) and company number of Polisetty Somasundaram Pvt Ltd?

    The corporate identification number (CIN) of Polisetty Somasundaram Pvt Ltd is U52609AP1968PTC001235 and the company number is 001235 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Polisetty Somasundaram Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Polisetty Somasundaram Pvt Ltd has fallen by -32.56%.

  • What change has been observed in the net worth of Polisetty Somasundaram Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Polisetty Somasundaram Pvt Ltd has experienced an upsurge of 70.45%.

  • What are the total open charges for Polisetty Somasundaram Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Polisetty Somasundaram Pvt Ltd amount to ₹ 4.96 M.

  • When was the last Balance Sheet of Polisetty Somasundaram Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Polisetty Somasundaram Pvt Ltd was filed with the ROC on 31 Mar 2023.

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