Polo Textiles Private Limited

Textile and clothing trading company that manufactures and sells various fabrics.

2005 | Delhi (India) | Active
Last Updated: January 04, 2025

Polo Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.80 M
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 94.35 Cr
  • Satisfied Charges ₹ 0.20 M
  • Revenue Growth -36.71%
  • Profit Growth -606.45%
  • Ebitda -20.49%
  • Net Worth -6.67%
  • Total Assets -8.37%

About Polo Textiles

Polo Textiles Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 March 2005 and has a history of 19 years and ten months. Its registered office is in Delhi, India.

The Company is engaged in the Engineering 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 0.80 M.

The company currently has active open charges totaling ₹94.35 Cr. The company has closed loans amounting to ₹0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Abhey Goyal and Gagan Goyal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17118DL2005PTC133685

  • Company No.

    133685

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2005

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering
Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Abhey Goyal Country flag representing In Director 23-Feb-2016 Current
Gagan Goyal Country flag representing In Director 23-Feb-2016 Current

Financial Performance of Polo Textiles.

Polo Textiles Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 36.71% decrease. The company also saw a substantial fall in profitability, with a 606.45% decrease in profit. The company's net worth dipped by a decrease of 6.67%.

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
-36.71%
Revenue from Operations
-20.07%
Total Assets
-8.37%
Profit or Loss
-606.45%
Net Worth
-6.67%
EBITDA
-20.49%

What is the Ownership and Shareholding Structure of Polo Textiles?

In 2022, Polo Textiles 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

₹94.35 Cr

Satisfied Charges

₹0.02 Cr

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 36.00 Cr
  • Hdfc Bank Limited : 31.25 Cr
  • Yes Bank Limited : 27.10 Cr

Latest Charge Details

Date Lender Amount Status
24 Mar 2022 Hdfc Bank Limited ₹10.00 Cr Open
20 Apr 2019 Hdfc Bank Limited ₹21.25 Cr Open
22 Mar 2017 Standard Chartered Bank ₹36.00 Cr Open
22 Mar 2017 Yes Bank Limited ₹27.10 Cr Open
28 Feb 2013 State Bank Of Patiala ₹0.20 M Satisfied

How Many Employees Work at Polo Textiles?

Polo Textiles has a workforce of 0 employees as of Apr 02, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polo Textiles, 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 Textiles'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 Textiles

Recent activity within the organization

  • Annual General Meeting

    Polo Textiles Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Polo Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 27.10 Cr registered on 22 Mar 2017 with Charge ID 100127390 was modified on 18 Sep 2023.

    18 Sep 2023

  • Charges

    A charge with Standard Chartered Bank of Rs. 36.00 Cr registered on 22 Mar 2017 with Charge ID 100095566 was modified on 13 Jun 2023.

    13 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100572660 was registered on 24 Mar 2022.

    24 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 21.25 Cr with Charge ID 100266218 was registered on 20 Apr 2019.

    20 Apr 2019

Frequently asked questions

  • Polo Textiles Private Limited was incorporated on 07 Mar 2005.

  • The authorized share capital of Polo Textiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.80 M.

  • Currently 2 directors are associated with Polo Textiles Private Limited.

    • Abhey Goyal
    • Gagan Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polo Textiles Private Limited is House No. 48 Floor 1St Block – A Wazirpur Industrial Area, India, Delhi, 110052.

  • The corporate identification number (CIN) of Polo Textiles Private Limited is U17118DL2005PTC133685 and the company number is 133685 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Polo Textiles Private Limited has fallen by -36.71%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Polo Textiles Private Limited has experienced an downturn of -6.67%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Polo Textiles Private Limited amount to ₹ 94.35 Cr.

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

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