Pololight Industries Limited

Supplier of various rubber and adhesive products for packing, automobile, construction, and defense industries.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Pololight Industries Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 29 Year, 3 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 three 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

    pololight.com

  • 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)

NameDesignationAppointment DateStatus
Mahesh Parekh Country flag representing In Managing Director20-Nov-1995Current

Board Members (2)

NameDesignationAppointment DateStatus
Pankaj Parekh Country flag representing In Director 14-Sep-2023Current
Hasmukh Dedhia Country flag representing In Director 07-Mar-1998Current

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%.

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
17.69%
Revenue from Operations
17.72%
Total Assets
14.44%
Profit or Loss
9.15%
Net Worth
7.18%
EBITDA
35.24%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
17 Dec 2020Hdfc Bank Limited₹0.49 MOpen
01 Dec 2020Hdfc Bank Limited₹1.37 MOpen
16 Feb 2018Hdfc Bank Limited₹15.94 CrOpen
01 Jul 2015Kotak Mahindra Bank Limited₹7.00 CrSatisfied
30 Apr 2013Janaseva Sahakari Bank (Borivli) Ltd.₹5.10 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2023

  • 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 5 months .

    14 Sep 2023

  • Balance Sheet

    Pololight Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • 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.

    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.

    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.

    01 Dec 2020

Frequently asked questions

  • Pololight Industries Limited was incorporated on 20 Nov 1995.

  • The authorized share capital of Pololight Industries Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Currently 3 directors are associated with Pololight Industries Limited.

    • Pankaj Chhotalal Parekh
    • Hasmukh Gangjibhai Dedhia
    • Mahesh Chhotalal Parekh
  • 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.

  • The corporate identification number (CIN) of Pololight Industries Limited is U25209MH1995PLC094596 and the company number is 094596 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pololight Industries Limited is https://www.pololight.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pololight Industries Limited has risen by 17.69%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pololight Industries Limited has experienced an upsurge of 7.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pololight Industries Limited amount to ₹ 16.13 Cr.

  • The most recent Balance Sheet for Pololight Industries Limited was filed with the ROC on 31 Mar 2023.

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