Poly Pipes India Private Limited

Manufactures and trades PVC pipes and related materials, with branches in multiple cities.

2010 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Poly Pipes India Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 3.85 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 409.50 Cr
  • Satisfied Charges ₹ 149.35 Cr
  • Revenue Growth 1.76%
  • Profit Growth -105.66%
  • Ebitda -122.23%
  • Net Worth -1.35%
  • Total Assets 3.44%

About Poly Pipes India

Poly Pipes India Private Limited (PPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 2010 and has a history of 14 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Trading 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 30.00 Cr and a paid-up capital of Rs 3.85 Cr.

The company currently has active open charges totaling ₹409.50 Cr. The company has closed loans amounting to ₹149.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajendra Hirawat and Vinay Hirawat serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polypipes.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74110TN2010PTC077395

  • Company No.

    077395

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 2010

  • Date of AGM

    29 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Trading

Who are the key members and board of directors at Poly Pipes India?

Board Members (2)

NameDesignationAppointment DateStatus
Rajendra Hirawat Country flag representing In Director 20-Sep-2010Current
Vinay Hirawat Country flag representing In Director 20-Sep-2010Current

Financial Performance of Poly Pipes India.

Poly Pipes India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.76% increase. The company also saw a substantial fall in profitability, with a 105.66% decrease in profit. The company's net worth dipped by a decrease of 1.35%.

Poly Pipes India revenue growth over time
Poly Pipes India 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
1.76%
Revenue from Operations
1.98%
Total Assets
3.44%
Profit or Loss
-105.66%
Net Worth
-1.35%
EBITDA
-122.23%

What is the Ownership and Shareholding Structure of Poly Pipes India?

In 2023, Poly Pipes India had a promoter holding of 99.35% and a public holding of 0.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹409.50 Cr

Satisfied Charges

₹149.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 120.00 Cr
  • Hdfc Bank Limited : 110.00 Cr
  • Axis Bank Limited : 94.50 Cr
  • Citi Bank N.A. : 85.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Mar 2022Others₹40.00 CrOpen
06 Nov 2017Citi Bank N.A.₹85.00 CrOpen
22 Feb 2017Hdfc Bank Limited₹110.00 CrOpen
03 Jan 2017Others₹80.00 CrOpen
13 Oct 2016Axis Bank Limited₹94.50 CrOpen

How Many Employees Work at Poly Pipes India?

Poly Pipes India has a workforce of 72 employees as of Apr 09, 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.

Employee growth trends for Poly Pipes India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Poly Pipes India, 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 Poly Pipes India'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 Poly Pipes India

Recent activity within the organization

  • Charges

    A charge with Citi Bank N.A. of Rs. 85.00 Cr registered on 06 Nov 2017 with Charge ID 100136037 was modified on 07 May 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 94.50 Cr registered on 13 Oct 2016 with Charge ID 100064519 was modified on 04 Jan 2024.

  • Annual General Meeting

    Poly Pipes India Private Limited last Annual general meeting of members was held on 29 Nov 2023 as per latest MCA records.

  • Balance Sheet

    Poly Pipes India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 110.00 Cr registered on 22 Feb 2017 with Charge ID 100087933 was modified on 19 Oct 2022.

  • Charges

    A charge with Others of Rs. 80.00 Cr registered on 03 Jan 2017 with Charge ID 100069870 was modified on 19 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Poly Pipes India Private Limited?

    Poly Pipes India Private Limited was incorporated on 20 Sep 2010.

  • What is authorized share capital and paid-up capital of Poly Pipes India Private Limited?

    The authorized share capital of Poly Pipes India Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 3.85 Cr.

  • Who are the current board members & directors of Poly Pipes India Private Limited?

    Currently 2 directors are associated with Poly Pipes India Private Limited.

    • Rajendra Kumar Hirawat
    • Vinay Kumar Hirawat

  • What is the registered address of Poly Pipes India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Poly Pipes India Private Limited is Synergy Building Old No.20 New No. 64 3Rd Floor Rukmani Lakshmipathy Salai (Formerly Marshalls Road), India, Egmore Nungambakka, Tamil Nadu, 600008.

  • What is the corporate identification number (CIN) and company number of Poly Pipes India Private Limited?

    The corporate identification number (CIN) of Poly Pipes India Private Limited is U74110TN2010PTC077395 and the company number is 077395 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Poly Pipes India Private Limited?

    The Official website of Poly Pipes India Private Limited is https://www.polypipes.in

  • What has been the recent revenue trend for Poly Pipes India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Poly Pipes India Private Limited has risen by 1.76%.

  • How many employees does Poly Pipes India Private Limited currently have?

    As Per 2023 financial reports, 72 employees are currently employed by Poly Pipes India Private Limited.

  • What change has been observed in the net worth of Poly Pipes India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Poly Pipes India Private Limited has experienced an downturn of -1.35%.

  • What are the total open charges for Poly Pipes India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Poly Pipes India Private Limited amount to ₹ 409.50 Cr.

  • When was the last Balance Sheet of Poly Pipes India Private Limited filed with the ROC?

    The most recent Balance Sheet for Poly Pipes India Private Limited was filed with the ROC on 31 Mar 2023.

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