Polygon Chemicals Private Limited

Specialty chemical manufacturer for construction, water treatment, and oil field industries.

1999 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Polygon Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 26 Year, 12 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.95 Cr
  • Satisfied Charges ₹ 23.63 Cr
  • Revenue Growth 25.38%
  • Profit Growth 140.90%
  • Ebitda 50.46%
  • Net Worth 6.40%
  • Total Assets 17.68%

About Polygon Chemicals

Polygon Chemicals Private Limited (PCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 1999 and has a history of 26 years. Its registered office is in Navi Mumbai, Maharashtra.

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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹17.95 Cr. The company has closed loans amounting to ₹23.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishwas Patil and Kunwar Singh serve as directors at the Company.

Company Details

  • Location Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polygonchemicals.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110MH1999PTC118305

  • Company No.

    118305

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 1999

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Polygon Chemicals Private Limited offer?

Polygon Chemicals Private Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Waterproofing Chemicals, Natural and Synthetic Resins, Curing Agent, Rust & Corrosion Protection Products, Anti Corrosion Products, Cement and Concrete, Concrete Admixture, Yarns & Threads, Synthetic Fibers.

Who are the key members and board of directors at Polygon Chemicals?

Executive Team (1)

NameDesignationAppointment DateStatus
Kunwar Singh Country flag representing In Managing Director11-Feb-1999Current

Board Members (1)

NameDesignationAppointment DateStatus
Vishwas Patil Country flag representing In Director 11-Feb-1999Current

Financial Performance of Polygon Chemicals.

Polygon Chemicals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.38% increase. The company also saw a substantial improvement in profitability, with a 140.9% increase in profit. The company's net worth moved up by a moderate rise of 6.4%.

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
25.38%
Revenue from Operations
25.26%
Total Assets
17.68%
Profit or Loss
140.90%
Net Worth
6.40%
EBITDA
50.46%

What is the Ownership and Shareholding Structure of Polygon Chemicals?

In 2023, Polygon Chemicals 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

₹17.95 Cr

Satisfied Charges

₹23.63 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.71 Cr
  • Standard Chartered Bank : 5.51 Cr
  • Yes Bank Limited : 1.66 Cr
  • Bajaj Finance Limited : 1.57 Cr
  • Punjab National Bank : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2022Others₹1.21 CrOpen
12 Dec 2022Standard Chartered Bank₹3.70 CrOpen
27 Apr 2022Yes Bank Limited₹1.66 CrOpen
15 Dec 2021Standard Chartered Bank₹2.70 MOpen
05 Jun 2018Others₹7.50 CrOpen

How Many Employees Work at Polygon Chemicals?

Polygon Chemicals has a workforce of 38 employees as of Apr 04, 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 Chemicals, 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 Chemicals'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 Chemicals

Recent activity within the organization

  • Annual General Meeting

    Polygon Chemicals Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Polygon Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.21 Cr with Charge ID 100668028 was registered on 27 Dec 2022.

    27 Dec 2022

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 3.70 Cr with Charge ID 100662209 was registered on 12 Dec 2022.

    12 Dec 2022

  • Charges

    A charge with Yes Bank Limited of Rs. 1.66 Cr registered on 27 Apr 2022 with Charge ID 100579628 was modified on 28 Jun 2022.

    28 Jun 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 1.66 Cr with Charge ID 100579628 was registered on 27 Apr 2022.

    27 Apr 2022

Frequently asked questions

  • Polygon Chemicals Private Limited was incorporated on 11 Feb 1999.

  • The authorized share capital of Polygon Chemicals Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 2 directors are associated with Polygon Chemicals Private Limited.

    • Vishwas Giridhar Patil
    • Kunwar Singh Panwar Sher Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polygon Chemicals Private Limited is Office - 213 Plot No 20, Sector 19D Satra Properties Vashi India, Navi Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Polygon Chemicals Private Limited is U24110MH1999PTC118305 and the company number is 118305 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polygon Chemicals Private Limited is https://www.polygonchemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polygon Chemicals Private Limited has risen by 25.38%.

  • As Per 2023 financial reports, 38 employees are currently employed by Polygon Chemicals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polygon Chemicals Private Limited has experienced an upsurge of 6.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polygon Chemicals Private Limited amount to ₹ 17.95 Cr.

  • The most recent Balance Sheet for Polygon Chemicals Private Limited was filed with the ROC on 31 Mar 2024.

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