

Polycoat Electra Services (India) Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.91 M
- Company Age 20 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 83.94 Cr
- Satisfied Charges ₹ 2.75 Cr
- Revenue Growth 59.90%
- Profit Growth -1.94%
- Ebitda 22.80%
- Net Worth 8.02%
- Total Assets 11.55%
About Polycoat Electra Services (India)
Polycoat Electra Services (India) Private Limited (PESIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 May 2004 and has a history of 20 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 9.91 M.
The company currently has active open charges totaling ₹83.94 Cr. The company has closed loans amounting to ₹2.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Diptiben Patel, Daxesh Panchal, Nehal Panchal, and Four other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51505GJ2004PTC044156
- Company No.
044156
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 May 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Polycoat Electra Services (India)?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rajendra Patel ![]() | Managing Director | 21-May-2004 | Current |
Kurang Panchal ![]() | Managing Director | 21-May-2004 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Diptiben Patel ![]() | Director | 21-May-2004 | Current |
Daxesh Panchal ![]() | Director | 21-May-2004 | Current |
Nehal Panchal ![]() | Director | 21-May-2004 | Current |
Praful Patel ![]() | Director | 21-May-2004 | Current |
Vishal Patel ![]() | Director | 01-Apr-2007 | Current |
Financial Performance of Polycoat Electra Services (India).
Polycoat Electra Services (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.9% increase. The company also saw a slight decrease in profitability, with a 1.94% decrease in profit. The company's net worth moved up by a moderate rise of 8.02%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
---|---|---|---|---|---|---|---|
Total Revenue |
| ||||||
Revenue from Operations |
| ||||||
Total Assets |
| ||||||
Profit or Loss |
| ||||||
Net Worth |
| ||||||
EBITDA |
|
What is the Ownership and Shareholding Structure of Polycoat Electra Services (India)?
Unlock access to Polycoat Electra Services (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Related Corporates (Common Directorship)
- Rajesh Power Services Limited
Rajendra Patel and Kurang Panchal are mutual person
- Shashwat Cleantech Private Limited
Rajendra Patel, Praful Patel and 1 more are mutual person
- Shashwat Electricals Private Limited
Diptiben Patel, Daxesh Panchal and 5 more are mutual person
- Hkrp Innovations Llp
Daxesh Panchal, Nehal Panchal and 4 more are mutual person
- Shashwat Bio-Polyplast Llp
Daxesh Panchal, Nehal Panchal and 4 more are mutual person
- Shashwat Composite Llp
Daxesh Panchal, Rajendra Patel and 2 more are mutual person
Charges (Loans)
₹83.94 Cr
₹2.75 Cr
Charges Breakdown by Lending Institutions
- Others : 76.69 Cr
- Union Bank Of India : 7.25 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
24 Mar 2015 | Union Bank Of India | ₹7.25 Cr | Open |
23 Nov 2011 | Others | ₹76.69 Cr | Open |
02 Jan 2015 | Union Bank Of India | ₹2.00 Cr | Satisfied |
03 Jan 2014 | Union Bank Of India | ₹7.50 M | Satisfied |
How Many Employees Work at Polycoat Electra Services (India)?
Unlock and access historical data on people associated with Polycoat Electra Services (India), 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 Polycoat Electra Services (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 Polycoat Electra Services (India)'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 Polycoat Electra Services (India)
Recent activity within the organization
- Charges
A charge with Others of Rs. 76.69 Cr registered on 23 Nov 2011 with Charge ID 10319580 was modified on 30 Mar 2024.
- Annual General Meeting
Polycoat Electra Services (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Polycoat Electra Services (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge registered on 02 Jan 2015 via Charge ID 10558032 with Union Bank Of India was fully satisfied on 22 Dec 2016.
- Charges
A charge registered on 03 Jan 2014 via Charge ID 10473617 with Union Bank Of India was fully satisfied on 22 Dec 2016.
- Charges
A charge with Union Bank Of India amounted to Rs. 7.25 Cr with Charge ID 10584541 was registered on 24 Mar 2015.
Frequently asked questions
What is the Incorporation or founding date of Polycoat Electra Services (India) Private Limited?
Polycoat Electra Services (India) Private Limited was incorporated on 21 May 2004.
What is authorized share capital and paid-up capital of Polycoat Electra Services (India) Private Limited?
The authorized share capital of Polycoat Electra Services (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.91 M.
Who are the current board members & directors of Polycoat Electra Services (India) Private Limited?
Currently 7 directors are associated with Polycoat Electra Services (India) Private Limited.
- Diptiben Hemantkumar Patel
- Daxesh Ramchandra Panchal
- Nehal Ramchandra Panchal
- Rajendra Baldevbhai Patel
- Praful Baldevbhai Patel
- Vishal Hemantkumar Patel
- Kurang Ramchandra Panchal
What is the registered address of Polycoat Electra Services (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Polycoat Electra Services (India) Private Limited is Siddhihouseb/Hkamaldeepapartmentopplalbunglowoffcgroadnavrangpura India, Ahmedabad, Gujarat, 380006.
What is the corporate identification number (CIN) and company number of Polycoat Electra Services (India) Private Limited?
The corporate identification number (CIN) of Polycoat Electra Services (India) Private Limited is U51505GJ2004PTC044156 and the company number is 044156 as per Ministry of Corporate Affairs (MCA).
What is the official website of Polycoat Electra Services (India) Private Limited?
The Official website of Polycoat Electra Services (India) Private Limited is https://www.rajeshpower.com
What has been the recent revenue trend for Polycoat Electra Services (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Polycoat Electra Services (India) Private Limited has risen by 59.90%.
What change has been observed in the net worth of Polycoat Electra Services (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Polycoat Electra Services (India) Private Limited has experienced an upsurge of 8.02%.
What are the total open charges for Polycoat Electra Services (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Polycoat Electra Services (India) Private Limited amount to ₹ 83.94 Cr.
When was the last Balance Sheet of Polycoat Electra Services (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Polycoat Electra Services (India) Private Limited was filed with the ROC on 31 Mar 2023.
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records