Polygold Pre-Cured Systems Private Limited

Manufacturer of butyl inner tubes for various vehicles, exports globally.

1998 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Polygold Pre-Cured Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 Cr
  • Satisfied Charges ₹ 18.93 Cr
  • Revenue Growth 4.24%
  • Profit Growth -28.82%
  • Ebitda -71.58%
  • Net Worth -173.34%
  • Total Assets 9.09%

About Polygold Pre-Cured Systems

Polygold Pre-Cured Systems Private Limited (PPSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 May 1998 and has a history of 26 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹18.93 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ankitkumar Patel, Kirtikumar Patel, Davesh Patel, and Two 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

    U25110GJ1998PTC034100

  • Company No.

    034100

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Polygold Pre-Cured Systems Private Limited offer?

Polygold Pre-Cured Systems Private Limited offers a wide range of products and services, including Tyre Tube, Motorcycle Tubes, Tyre, Tube & Flaps, Tractor Tubes, Butyl Tubes.

Who are the key members and board of directors at Polygold Pre-Cured Systems?

Board Members (5)

Name Designation Appointment Date Status
Dipen Patel Country flag representing In Director 05-Oct-2021 Current
Ankitkumar Patel Country flag representing In Director 01-Jun-2002 Current
Kirtikumar Patel Country flag representing In Director 05-Apr-2015 Current
Davesh Patel Country flag representing In Director 24-May-2013 Current
Rupaben Patel Country flag representing In Director 27-Jan-2022 Current

Financial Performance of Polygold Pre-Cured Systems.

Polygold Pre-Cured Systems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.24% increase. The company also saw a substantial fall in profitability, with a 28.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 173.34%.

Graph illustrating revenue growth over time
Graph showing 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
4.24%
Revenue from Operations
5.76%
Total Assets
9.09%
Profit or Loss
-28.82%
Net Worth
-173.34%
EBITDA
-71.58%

What is the Ownership and Shareholding Structure of Polygold Pre-Cured Systems?

In 2023, Polygold Pre-Cured Systems had a promoter holding of 53.33% and a public holding of 46.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 Cr

Satisfied Charges

₹18.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2022 Others ₹5.00 Cr Open
20 Mar 2019 Hdfc Bank Limited ₹3.00 Cr Satisfied
26 Feb 2019 Hdfc Bank Limited ₹3.00 Cr Satisfied
27 Jun 2018 Hdfc Bank Limited ₹1.50 Cr Satisfied
24 Jul 2015 The Ahmedabad Mercantile Co-Op. Bank Ltd. ₹4.10 Cr Satisfied

How Many Employees Work at Polygold Pre-Cured Systems?

Polygold Pre-Cured Systems has a workforce of 65 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polygold Pre-Cured Systems, 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 Polygold Pre-Cured Systems'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 Polygold Pre-Cured Systems

Recent activity within the organization

  • Annual General Meeting

    Polygold Pre-Cured Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 30 May 2022 with Charge ID 100582062 was modified on 01 Jul 2024.

    01 Jul 2024

  • Balance Sheet

    Polygold Pre-Cured Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100582062 was registered on 30 May 2022.

    30 May 2022

  • Director Appointment

    Rupaben Kirtikumar Patel was appointed as a Director was appointed as a Director on 27 Jan 2022 & has been associated with this company since 3 years 14 days .

    27 Jan 2022

  • Charges

    A charge registered on 20 Mar 2019 via Charge ID 100249275 with Hdfc Bank Limited was fully satisfied on 09 Dec 2021.

    09 Dec 2021

Frequently asked questions

  • Polygold Pre-Cured Systems Private Limited was incorporated on 15 May 1998.

  • The authorized share capital of Polygold Pre-Cured Systems Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 5 directors are associated with Polygold Pre-Cured Systems Private Limited.

    • Ankitkumar Bhupendrabhai Patel
    • Kirtikumar Dwarkadas Patel
    • Davesh Kirti Patel
    • Rupaben Kirtikumar Patel
    • Dipen Bhupendrabhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polygold Pre-Cured Systems Private Limited is 205 Aditynear Urvasi Apartment Navrangpura Mithakhali Sixroad India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Polygold Pre-Cured Systems Private Limited is U25110GJ1998PTC034100 and the company number is 034100 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polygold Pre-Cured Systems Private Limited is https://www.runwell.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polygold Pre-Cured Systems Private Limited has risen by 4.24%.

  • As Per 2023 financial reports, 65 employees are currently employed by Polygold Pre-Cured Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polygold Pre-Cured Systems Private Limited has experienced an downturn of -173.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polygold Pre-Cured Systems Private Limited amount to ₹ 5.00 Cr.

  • The most recent Balance Sheet for Polygold Pre-Cured Systems Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Auto Parts & Components