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Polymak Tools (India) Profile
Key Indicators
- Authorised Capital ₹ 1.92 M
- Paid Up Capital ₹ 1.92 M
- Company Age 16 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.15 Cr
- Satisfied Charges ₹ 11.00 Cr
- Revenue Growth 22.51%
- Profit Growth 37.08%
- Ebitda 28.22%
- Net Worth 47.94%
- Total Assets 7.25%
About Polymak Tools (India)
Polymak Tools (India) Private Limited (PTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 2008 and has a history of 16 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Machinery And Equipment 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 1.92 M and a paid-up capital of Rs 1.92 M.
The company currently has active open charges totaling ₹31.15 Cr. The company has closed loans amounting to ₹11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shabbir Jamnagarwala, Mohammed Jamnagarwala, and Devinder Singh serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28939TN2008PTC068438
- Company No.
068438
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jul 2008
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Polymak Tools (India) Private Limited offer?
Polymak Tools (India) Private Limited offers a wide range of products and services, including Gardening and Horticulture Tools, Hedge Cutter, Heavy Duty Grinder, Electric Angle Grinder, Drills, Grinders, Saws & Power Tools, Electric Sander, Power Saw, Saw Blades & Grinding Wheels, Cutting & Saw Blades, Drilling, Boring & Mining Services.
Who are the key members and board of directors at Polymak Tools (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohammed Jamnagarwala  | Managing Director | 02-Jul-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shabbir Jamnagarwala | Director | 02-Jul-2008 | Current |
| Devinder Singh | Director | 14-Feb-2023 | Current |
Financial Performance of Polymak Tools (India).
Polymak Tools (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.51% increase. The company also saw a substantial improvement in profitability, with a 37.08% increase in profit. The company's net worth Soared by an impressive increase of 47.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Polymak Tools (India)?
In 2023, Polymak Tools (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
₹311.50 M
₹110.00 M
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 31.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹2.90 Cr | Open |
| 22 Jun 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹28.25 Cr | Open |
| 24 Jan 2020 | Others | ₹4.00 Cr | Satisfied |
| 21 Mar 2018 | Dbs Bank Ltd | ₹4.00 Cr | Satisfied |
| 16 Dec 2008 | Bank Of Maharashtra | ₹3.00 Cr | Satisfied |
How Many Employees Work at Polymak Tools (India)?
Polymak Tools (India) has a workforce of 48 employees as of Apr 01, 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 Polymak Tools (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 Polymak Tools (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
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