Polo Plus Pipes Private Limited

Manufacturer of pipes and allied chemicals, offering a wide range of PVC, nylon, and polymer products.

2013 | Surendra Nagar, Gujarat (India) | Active
Last Updated: December 04, 2024

Polo Plus Pipes Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 11 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.39 M
  • Satisfied Charges ₹ 5.70 Cr
  • Revenue Growth -35.60%
  • Profit Growth -34.12%
  • Ebitda -141.93%
  • Net Worth 5.09%
  • Total Assets 11.86%

About Polo Plus Pipes

Polo Plus Pipes Private Limited (PPPPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 September 2013 and has a history of 11 years and five months. Its registered office is in Surendra Nagar, Gujarat, India.

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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.39 M. The company has closed loans amounting to ₹5.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hiteshkumar Masrani and Nehaben Mashrani serve as directors at the Company.

Company Details

  • Location

    Surendra Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25202GJ2013PTC076865

  • Company No.

    076865

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Polo Plus Pipes?

Board Members (2)

Name Designation Appointment Date Status
Hiteshkumar Masrani Country flag representing In Director 17-Sep-2013 Current
Nehaben Mashrani Country flag representing In Director 01-Apr-2022 Current

Financial Performance of Polo Plus Pipes.

Polo Plus Pipes Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 35.6% decrease. The company also saw a substantial fall in profitability, with a 34.12% decrease in profit. The company's net worth moved up by a moderate rise of 5.09%.

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
-35.60%
Revenue from Operations
-35.98%
Total Assets
11.86%
Profit or Loss
-34.12%
Net Worth
5.09%
EBITDA
-141.93%

What is the Ownership and Shareholding Structure of Polo Plus Pipes?

In 2018, Polo Plus Pipes 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

₹0.24 Cr

Satisfied Charges

₹5.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.24 Cr

Latest Charge Details

Date Lender Amount Status
17 Dec 2019 Others ₹0.80 M Open
30 Mar 2016 Others ₹1.20 M Open
30 Mar 2016 Others ₹0.39 M Open
24 Apr 2015 Bank Of India ₹5.70 Cr Satisfied

How Many Employees Work at Polo Plus Pipes?

Unlock and access historical data on people associated with Polo Plus Pipes, 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 Polo Plus Pipes, 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 Polo Plus Pipes'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 Polo Plus Pipes

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Polo Plus Pipes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Nehaben Hiteshbhai Mashrani was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100310610 was registered on 17 Dec 2019.

    17 Dec 2019

  • Charges

    A charge registered on 24 Apr 2015 via Charge ID 10569505 with Bank Of India was fully satisfied on 14 Aug 2018.

    14 Aug 2018

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100026949 was registered on 30 Mar 2016.

    30 Mar 2016

Frequently asked questions

  • Polo Plus Pipes Private Limited was incorporated on 17 Sep 2013.

  • The authorized share capital of Polo Plus Pipes Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Polo Plus Pipes Private Limited.

    • Hiteshkumar Dhirajlal Masrani
    • Nehaben Hiteshbhai Mashrani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polo Plus Pipes Private Limited is Gidc Plot No 139/10 National Highway, India, Limdi, Gujarat, 363421.

  • The corporate identification number (CIN) of Polo Plus Pipes Private Limited is U25202GJ2013PTC076865 and the company number is 076865 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Polo Plus Pipes Private Limited has fallen by -35.60%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Polo Plus Pipes Private Limited has experienced an upsurge of 5.09%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Polo Plus Pipes Private Limited amount to ₹ 2.39 M.

  • The most recent Balance Sheet for Polo Plus Pipes Private Limited was filed with the ROC on 31 Mar 2024.

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