Polymek Industries Private Limited

Provides maintenance, repair, and installation services for mechanical, electrical, and structural engineering projects.

1981 | Bangaluru, Karnataka (India) | Active
Last Updated:

Polymek Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.89 M
  • Company Age 43 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 3.70 Cr
  • Revenue Growth 169.62%
  • Profit Growth 88.38%
  • Ebitda 138.86%
  • Net Worth -0.66%
  • Total Assets 20.98%

About Polymek Industries

Polymek Industries Private Limited (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 December 1981 and has a history of 43 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering 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 1.00 M and a paid-up capital of Rs 0.89 M.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹3.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prabhat Argal, Sumeet Argal, and Shantanu Argal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29199KA1981PTC004530

  • Company No.

    004530

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering
Company report

Polymek Industries Private Limited

Explore comprehensive data for Polymek Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Polymek Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Shantanu Argal Country flag representing In Director 27-Feb-2018Current
Prabhat Argal Country flag representing In Director 08-Dec-1981Current
Sumeet Argal Country flag representing In Director 29-Sep-1997Current

Financial Performance of Polymek Industries.

Polymek Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 169.62% increase. The company also saw a substantial improvement in profitability, with a 88.38% increase in profit. The company's net worth dipped by a decrease of 0.66%.

Polymek Industries revenue growth over time
Polymek Industries 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
169.62%
Revenue from Operations
17833.33%
Total Assets
20.98%
Profit or Loss
88.38%
Net Worth
-0.66%
EBITDA
138.86%

What is the Ownership and Shareholding Structure of Polymek Industries?

Unlock access to Polymek Industries's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 M

Satisfied Charges

₹37.04 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jul 2022State Bank Of India₹7.00 CrOpen
21 May 2020Others₹2.00 CrSatisfied
16 Dec 2013State Bank Of Mysore₹1.46 CrSatisfied
06 Dec 1996State Bank Of Mysore₹0.30 MSatisfied
23 Sep 1995State Bank Of Mysore₹0.74 MSatisfied

How Many Employees Work at Polymek Industries?

Polymek Industries has a workforce of 1 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.

Employee growth trends for Polymek Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polymek 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 Polymek Industries'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 Polymek Industries

Recent activity within the organization

  • Annual General Meeting

    Polymek Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Polymek Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with State Bank Of India of Rs. 70.00 M registered on 05 Jul 2022 with Charge ID 100589666 was modified on 13 Oct 2023.

  • Charges

    A charge registered on 21 May 2020 via Charge ID 100337118 with Others was fully satisfied on 15 Oct 2022.

  • Charges

    A charge with State Bank Of India amounted to Rs. 70.00 M with Charge ID 100589666 was registered on 05 Jul 2022.

  • Charges

    A charge registered on 16 Dec 2013 via Charge ID 10470651 with State Bank Of Mysore was fully satisfied on 22 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Polymek Industries Private Limited?

    Polymek Industries Private Limited was incorporated on 08 Dec 1981.

  • What is authorized share capital and paid-up capital of Polymek Industries Private Limited?

    The authorized share capital of Polymek Industries Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.89 M.

  • Who are the current board members & directors of Polymek Industries Private Limited?

    Currently 3 directors are associated with Polymek Industries Private Limited.

    • Prabhat Argal
    • Sumeet Argal
    • Shantanu Argal

  • What is the registered address of Polymek Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Polymek Industries Private Limited is No. 235F Bommasandra Industrial Area Hosur Road, India, Bangalore, Karnataka, 560099.

  • What is the corporate identification number (CIN) and company number of Polymek Industries Private Limited?

    The corporate identification number (CIN) of Polymek Industries Private Limited is U29199KA1981PTC004530 and the company number is 004530 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Polymek Industries Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Polymek Industries Private Limited has risen by 169.62%.

  • How many employees does Polymek Industries Private Limited currently have?

    As Per 2022 financial reports, 1 employees are currently employed by Polymek Industries Private Limited.

  • What change has been observed in the net worth of Polymek Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Polymek Industries Private Limited has experienced an downturn of -0.66%.

  • What are the total open charges for Polymek Industries Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Polymek Industries Private Limited amount to ₹ 7.00 Cr.

  • When was the last Balance Sheet of Polymek Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Polymek Industries Private Limited was filed with the ROC on 31 Mar 2024.

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