Polygel Industries Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
- Paid Up Capital ₹ 20.57 Cr
- Company Age 30 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16.13 Cr
- Satisfied Charges ₹ 86.31 Cr
- Revenue Growth 8.40%
- Profit Growth 14.52%
- Ebitda 157.15%
- Net Worth 1.93%
- Total Assets 0.23%
About Polygel Industries
Polygel Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 1994 and has a history of 30 years and six months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Khukri Polytex Pvt Ltd. The Company is engaged in the Chemicals And Materials 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 55.00 Cr and a paid-up capital of Rs 20.57 Cr.
The company currently has active open charges totaling ₹16.13 Cr. The company has closed loans amounting to ₹86.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Polygel Industries Private Limited India is Krishna Kushwaha as COMPANY SECRETARY. Rahul Raichand, Luv Shah, Anil Phatangare, and Three other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17120MH1994PTC080074
- Company No.
080074
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Aug 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Polygel Industries Private Limited offer?
Polygel Industries Private Limited offers a wide range of products and services, including Cross Linking Agent, Adhesive Chemical, Adhesive Compounds, Resin Adhesives, Synthetic Adhesives, Solvent Based Adhesives, Synthetic Rubber Adhesive, Structural Adhesives, Construction Adhesives, Masterbatches.
Who are the key members and board of directors at Polygel Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Luv Shah  | Managing Director | 02-Dec-1996 | Current |
| Krishna Kushwaha | Company Secretary | 03-Jan-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anil Phatangare | Director | 30-Sep-2024 | Current |
| Rahul Raichand | Director | 19-Mar-2018 | Current |
| Ranjit Singh | Director | 20-Oct-2023 | Current |
| Chetan Shah | Director | 20-Oct-2023 | Current |
| Nand Shah | Director | 30-Sep-2013 | Current |
Financial Performance of Polygel Industries.
Polygel Industries Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 8.4% increase. The company also saw a substantial improvement in profitability, with a 14.52% increase in profit. The company's net worth moved up by a moderate rise of 1.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Polygel Industries?
In 2022, Polygel Industries had a promoter holding of 86.87% and a public holding of 13.14%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Polygel Performance Material Private LimitedLuv Shah, Ranjit Singh and 1 more are mutual person
Brring Integrated Logistics Private LimitedChetan Shah is a mutual person
- Brring Distribution Solutions Private Limited
Chetan Shah is a mutual person
Sky High Airport Services Private LimitedChetan Shah is a mutual person
Silgate Technologies Private LimitedChetan Shah is a mutual person
Psl India Private LimitedRahul Raichand and Chetan Shah are mutual person
Charges (Loans)
₹16.13 Cr
₹86.31 Cr
Charges Breakdown by Lending Institutions
- Others : 16.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2024 | Others | ₹10.00 Cr | Open |
| 16 Jun 2022 | Others | ₹2.80 M | Open |
| 22 Feb 2022 | Others | ₹5.57 M | Open |
| 29 Nov 2021 | Others | ₹5.29 Cr | Open |
| 06 Dec 2014 | Sbi Global Factors Limited | ₹4.25 Cr | Satisfied |
How Many Employees Work at Polygel Industries?
Polygel Industries has a workforce of 127 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polygel 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 Polygel Industries'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.
