Pololight Industries Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 29 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 16.13 Cr
- Satisfied Charges ₹ 31.90 Cr
- Revenue Growth 17.69%
- Profit Growth 9.15%
- Ebitda 35.24%
- Net Worth 7.18%
- Total Assets 14.44%
About Pololight Industries
Pololight Industries Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 November 1995 and has a history of 29 years and four months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹16.13 Cr. The company has closed loans amounting to ₹31.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pankaj Parekh, Hasmukh Dedhia, and Mahesh Parekh serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25209MH1995PLC094596
- Company No.
094596
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Nov 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Pololight Industries Limited offer?
Pololight Industries Limited offers a wide range of products and services, including PU Foam, Coir & Jute Mattresses, Foam Rubber Sheet, Industrial Fabrics and Textiles, Coated Fabric, EVA Foam Sheet, Adhesive & Pressure Sensitive Tapes, Sealing Tape, Reflective Products & Holograms, Reflective Tapes, Exercise & Fitness Equipment.
Who are the key members and board of directors at Pololight Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Parekh  | Managing Director | 20-Nov-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pankaj Parekh | Director | 14-Sep-2023 | Current |
| Hasmukh Dedhia | Director | 07-Mar-1998 | Current |
Financial Performance of Pololight Industries.
Pololight Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.69% increase. The company also saw a slight improvement in profitability, with a 9.15% increase in profit. The company's net worth moved up by a moderate rise of 7.18%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pololight Industries?
In 2023, Pololight Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pololite Footwear LimitedPankaj Parekh is a mutual person
- Jupiter Buildzone Private Limited
Mahesh Parekh is a mutual person
- Skandh Properties Private Limited
Mahesh Parekh is a mutual person
Charges (Loans)
Open Charges
₹16.13 Cr
Satisfied Charges
₹31.90 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 16.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2020 | Hdfc Bank Limited | ₹0.49 M | Open |
| 01 Dec 2020 | Hdfc Bank Limited | ₹1.37 M | Open |
| 16 Feb 2018 | Hdfc Bank Limited | ₹15.94 Cr | Open |
| 01 Jul 2015 | Kotak Mahindra Bank Limited | ₹7.00 Cr | Satisfied |
| 30 Apr 2013 | Janaseva Sahakari Bank (Borivli) Ltd. | ₹5.10 Cr | Satisfied |
How Many Employees Work at Pololight Industries?
Unlock and access historical data on people associated with Pololight Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Pololight Industries, 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 Pololight Industries's trajectory.
Rating
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
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 Pololight Industries
Recent activity within the organization
- Annual General Meeting
Pololight Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Director Appointment
Pankaj Chhotalal Parekh was appointed as a Director was appointed as a Director on 14 Sep 2023 & has been associated with this company since 1 year 6 months .
- Balance Sheet
Pololight Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Hdfc Bank Limited of Rs. 15.94 Cr registered on 16 Feb 2018 with Charge ID 100177918 was modified on 10 Aug 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100423329 was registered on 17 Dec 2020.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100418855 was registered on 01 Dec 2020.
Frequently asked questions
What is the Incorporation or founding date of Pololight Industries Limited?
Pololight Industries Limited was incorporated on 20 Nov 1995.
What is authorized share capital and paid-up capital of Pololight Industries Limited?
The authorized share capital of Pololight Industries Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.00 Cr.
Who are the current board members & directors of Pololight Industries Limited?
Currently 3 directors are associated with Pololight Industries Limited.
- Pankaj Chhotalal Parekh
- Hasmukh Gangjibhai Dedhia
- Mahesh Chhotalal Parekh
What is the registered address of Pololight Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pololight Industries Limited is Corner House Flat No. 6 1St Floor 99 Telang RoadCentral Matunga, Mumbai, Maharashtra, India, 400019.
What is the corporate identification number (CIN) and company number of Pololight Industries Limited?
The corporate identification number (CIN) of Pololight Industries Limited is U25209MH1995PLC094596 and the company number is 094596 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pololight Industries Limited?
The Official website of Pololight Industries Limited is https://www.pololight.com
What has been the recent revenue trend for Pololight Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pololight Industries Limited has risen by 17.69%.
What change has been observed in the net worth of Pololight Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pololight Industries Limited has experienced an upsurge of 7.18%.
What are the total open charges for Pololight Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pololight Industries Limited amount to ₹ 16.13 Cr.
When was the last Balance Sheet of Pololight Industries Limited filed with the ROC?
The most recent Balance Sheet for Pololight Industries Limited was filed with the ROC on 31 Mar 2023.
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