Polygon Adhesives And Resins Private Limited

Manufactures and exports synthetic adhesives, established in 2005, based in Pune.

2005 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Polygon Adhesives And Resins Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 0.43 M
  • Company Age 20 Year, 13 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.20 Cr
  • Revenue Growth 48.11%
  • Profit Growth 525.84%
  • Ebitda 157.74%
  • Net Worth 7.73%
  • Total Assets 1.34%

About Polygon Adhesives And Resins

Polygon Adhesives And Resins Private Limited (PAARPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 February 2005 and has a history of 20 years. Its registered office is in Pune, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 0.43 M.

The company currently has active open charges totaling ₹1.20 Cr.

Suhas Phanse, Vaibhav Ghatpande, Sunil Phanse, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polygonadhesives.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24299PN2005PTC020261

  • Company No.

    020261

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Chemicals and Materials

Who are the key members and board of directors at Polygon Adhesives And Resins?

Board Members (4)

NameDesignationAppointment DateStatus
Vaibhav Ghatpande Country flag representing In Director 08-Feb-2005Current
Suhas Phanse Country flag representing In Director 08-Feb-2005Current
Sunil Phanse Country flag representing In Director 12-Jul-2017Current
Aditya Phanse Country flag representing In Director 12-Jul-2017Current

Financial Performance of Polygon Adhesives And Resins.

Polygon Adhesives And Resins Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.11% increase. The company also saw a substantial improvement in profitability, with a 525.84% increase in profit. The company's net worth moved up by a moderate rise of 7.73%.

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
48.11%
Revenue from Operations
51.44%
Total Assets
1.34%
Profit or Loss
525.84%
Net Worth
7.73%
EBITDA
157.74%

What is the Ownership and Shareholding Structure of Polygon Adhesives And Resins?

In 2023, Polygon Adhesives And Resins had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.04 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Cosmos Co-Operative Bank Limited (Chinchwad Branch) : 0.59 Cr
  • The Cosmos Co-Operative Bank Limited ( Chinchwad Branch ) : 0.50 Cr
  • The Osmos Co-Operative Bank Limited ( Chinchwad Branch) : 0.04 Cr
  • The Cosmos Co-Operative Bank Limited : 0.03 Cr
  • The Cosmos Co-Op. Bank Ltd. (Chinchwad Branch) : 0.03 Cr
  • Others : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 2013The Cosmos Co-Operative Bank Limited (Chinchwad Branch)₹0.87 MOpen
28 Mar 2013The Osmos Co-Operative Bank Limited ( Chinchwad Branch)₹0.42 MOpen
25 Jul 2012The Cosmos Co-Operative Bank Limited (Chinchwad Branch)₹5.00 MOpen
09 Jun 2008The Cosmos Co-Operative Bank Limited ( Chinchwad Branch )₹5.00 MOpen
19 Jul 2007The Cosmos Co-Op. Bank Ltd. (Chinchwad Branch)₹0.25 MOpen

How Many Employees Work at Polygon Adhesives And Resins?

Polygon Adhesives And Resins has a workforce of 2 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polygon Adhesives And Resins, 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 Polygon Adhesives And Resins'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 Polygon Adhesives And Resins

Recent activity within the organization

  • Annual General Meeting

    Polygon Adhesives And Resins Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Polygon Adhesives And Resins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Sunil Raghunath Phanse was appointed as a Director was appointed as a Director on 12 Jul 2017 & has been associated with this company since 7 years 7 months .

    12 Jul 2017

  • Director Appointment

    Aditya Sunil Phanse was appointed as a Director was appointed as a Director on 12 Jul 2017 & has been associated with this company since 7 years 7 months .

    12 Jul 2017

  • Charges

    A charge with The Cosmos Co-Operative Bank Limited (Chinchwad Branch) amounted to Rs. 0.87 M with Charge ID 10471968 was registered on 24 Dec 2013.

    24 Dec 2013

  • Charges

    A charge with The Osmos Co-Operative Bank Limited ( Chinchwad Branch) amounted to Rs. 0.42 M with Charge ID 10427139 was registered on 28 Mar 2013.

    28 Mar 2013

Frequently asked questions

  • Polygon Adhesives And Resins Private Limited was incorporated on 08 Feb 2005.

  • The authorized share capital of Polygon Adhesives And Resins Private Limited is ₹ 7.50 M and paid-up capital is ₹ 0.43 M.

  • Currently 4 directors are associated with Polygon Adhesives And Resins Private Limited.

    • Suhas Raghunath Phanse
    • Vaibhav Ramesh Ghatpande
    • Sunil Raghunath Phanse
    • Aditya Sunil Phanse
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polygon Adhesives And Resins Private Limited is Office No. 24 25 4Th Floor Highway Towers -Mumbai Road, Chinchwad India, Pune, Maharashtra, 411019.

  • The corporate identification number (CIN) of Polygon Adhesives And Resins Private Limited is U24299PN2005PTC020261 and the company number is 020261 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polygon Adhesives And Resins Private Limited is https://www.polygonadhesives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polygon Adhesives And Resins Private Limited has risen by 48.11%.

  • As Per 2023 financial reports, 2 employees are currently employed by Polygon Adhesives And Resins Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polygon Adhesives And Resins Private Limited has experienced an upsurge of 7.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polygon Adhesives And Resins Private Limited amount to ₹ 1.20 Cr.

  • The most recent Balance Sheet for Polygon Adhesives And Resins Private Limited was filed with the ROC on 31 Mar 2023.

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