Polyflex(India) Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 5.92 M
- Company Age 41 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.75 Cr
- Satisfied Charges ₹ 61.84 Cr
- Revenue Growth 41.00%
- Profit Growth 48.01%
- Ebitda -289.13%
- Net Worth 10.24%
- Total Assets 9.43%
About Polyflex(India)
Polyflex(India) Private Limited (PPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 November 1983 and has a history of 41 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 5.92 M.
The company currently has active open charges totaling ₹5.75 Cr. The company has closed loans amounting to ₹61.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinay Panjabi, Anand Nichani, Swarna Nichani, and One other member serve as directors at the Company.
Company Details
-
Location
Bangaluru, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U24134KA1983PTC005669
-
Company No.
005669
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
07 Nov 1983
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Polyflex(India)?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sreenidhi Nichani
|
Director | 25-Aug-2021 | Current |
|
Vinay Panjabi
|
Director | 30-Nov-2000 | Current |
|
Anand Nichani
|
Whole-Time Director | 28-Sep-1992 | Current |
|
Swarna Nichani
|
Director | 30-Aug-2017 | Current |
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%.
- 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 Polyflex(India)?
Unlock access to Polyflex(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)
-
Garuda Polyflex Foods Private LimitedAnand Nichani is a mutual person
-
V H P A & Co LlpVinay Panjabi is a mutual person
-
Light And Shade Electricals Private Limited
Vinay Panjabi is a mutual person
-
Chitravati Consultants Private Limited
Vinay Panjabi is a mutual person
-
Proximity Innovations Private Limited
Vinay Panjabi is a mutual person
-
Panjabi Fiscal Services Pvt Ltd
Vinay Panjabi is a mutual person
Charges (Loans)
₹57.50 M
₹618.40 M
Charges Breakdown by Lending Institutions
- Others : 3.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 2.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Nov 2024 | Others | ₹3.00 Cr | Open |
| 20 Sep 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.75 Cr | Open |
| 12 Dec 2012 | Corporation Bank | ₹7.50 Cr | Satisfied |
| 22 Apr 2001 | Citibank N.A | ₹4.00 Cr | Satisfied |
| 20 Nov 1999 | Karnataka State Financial Corportion | ₹1.60 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polyflex(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 Polyflex(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.
