Polyflex(India) Private Limited

Polyflex(India) Private Limited

Imports and trades mattresses, bed frames, pillows, and accessories globally.
1983 | Bangaluru, Karnataka (India) | Active

Last Updated:

December 22, 2024
HomeCompanyPolyflex(India) Private Limited

Who are the key members and board of directors at Polyflex(India)?

Board Members(4)

NameDesignationAppointment DateStatus
Sreenidhi Nichani In Director 25-Aug-2021Current
Vinay Panjabi In Director 30-Nov-2000Current
Anand Nichani In Whole-Time Director 28-Sep-1992Current
Swarna Nichani In Director 30-Aug-2017Current

Financial Performance of Polyflex(India).

Polyflex(India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41% increase. The company also saw a substantial improvement in profitability, with a 48.01% increase in profit. The company's net worth Soared by an impressive increase of 10.24%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
41.00%
Revenue from Operations
33.86%
Total Assets
9.43%
Profit or Loss
48.01%
Net Worth
10.24%
EBITDA
-289.13%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹57.50 M

₹618.40 M

LenderAmountStatus

Others

Creation Date: 13 Nov 2024
₹3.00 CrOpen

The Hongkong And Shanghai Banking Corporation Limited

Creation Date: 20 Sep 2023
₹2.75 CrOpen

Corporation Bank

Creation Date: 12 Dec 2012
₹7.50 CrSatisfied

How Many Employees Work at Polyflex(India)?

Unlock and access historical data on people associated with Polyflex(India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Polyflex(India)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 101004953 was registered on 13 Nov 2024.

    13 Nov 2024

  • Annual General Meeting

    Polyflex(India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Polyflex(India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 27.50 M with Charge ID 100808205 was registered on 20 Sep 2023.

    20 Sep 2023

  • Charges

    A charge registered on 12 Dec 2012 via Charge ID 10398042 with Corporation Bank was fully satisfied on 18 May 2023.

    18 May 2023

  • Director Appointment

    Sreenidhi Anand Nichani was appointed as a Director was appointed as a Director on 25 Aug 2021 & has been associated with this company since 3 years 4 months .

    25 Aug 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Polyflex(India) Private Limited was incorporated on 07 Nov 1983.

  • The authorized share capital of Polyflex(India) Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.92 M.

  • Currently 4 directors are associated with Polyflex(India) Private Limited.

    • Vinay Hiru Panjabi
    • Anand Balram Nichani
    • Swarna Nichani
    • Sreenidhi Anand Nichani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polyflex(India) Private Limited is Royal Park No. 5 6 First Floor Road Tasker Town, Ward 78 India, Bangalore, Karnataka, 560051.

  • The corporate identification number (CIN) of Polyflex(India) Private Limited is U24134KA1983PTC005669 and the company number is 005669 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polyflex(India) Private Limited is https://www.magniflexindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polyflex(India) Private Limited has risen by 41.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polyflex(India) Private Limited has experienced an upsurge of 10.24%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polyflex(India) Private Limited amount to ₹ 5.75 Cr.

  • The most recent Balance Sheet for Polyflex(India) Private Limited was filed with the ROC on 31 Mar 2024.

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