Polynate Foams Private Limited

Manufacturer of polyurethane foam products, including pipe sections, panels, and insulation.

1985 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Polynate Foams Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.76 M
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.77 Cr
  • Revenue Growth 44.09%
  • Profit Growth 177.57%
  • Ebitda 57.10%
  • Net Worth 12.50%
  • Total Assets 9.70%

About Polynate Foams

Polynate Foams Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 September 1985 and has a history of 39 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 0.76 M.

The company currently has active open charges totaling ₹1.77 Cr.

Haridas Uppath and Sreerag serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24130KA1985PTC007131

  • Company No.

    007131

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Polynate Foams Private Limited offer?

Polynate Foams Private Limited offers a wide range of products and services, including Pipe Saddles, Insulation Material, Pipeline Accessories, Pipe Sections, Foam Sheet, Foam Pads, Thermal Insulation Materials, Industrial Pipe & Tube Fittings, Block, Insulation Blocks.

Who are the key members and board of directors at Polynate Foams?

Board Members (2)

Name Designation Appointment Date Status
Haridas Uppath Country flag representing In Director 05-Sep-1985 Current
Sreerag Country flag representing In Director 20-Jan-2020 Current

Financial Performance of Polynate Foams.

Polynate Foams Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.09% increase. The company also saw a substantial improvement in profitability, with a 177.57% increase in profit. The company's net worth Soared by an impressive increase of 12.5%.

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
44.09%
Revenue from Operations
44.08%
Total Assets
9.70%
Profit or Loss
177.57%
Net Worth
12.50%
EBITDA
57.10%

What is the Ownership and Shareholding Structure of Polynate Foams?

In 2023, Polynate Foams 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

₹17.69 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.45 Cr
  • Stae Bank Of India : 0.22 Cr
  • Karnataka State Financial Corporation : 0.07 Cr
  • Industrial Development Bank Of India : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
30 Jul 2020 State Bank Of India ₹6.23 M Open
02 May 2008 State Bank Of India ₹6.15 M Open
10 Oct 1996 Industrial Development Bank Of India ₹0.28 M Open
31 Jan 1990 Stae Bank Of India ₹2.15 M Open
02 Mar 1989 State Bank Of India ₹2.15 M Open

How Many Employees Work at Polynate Foams?

Polynate Foams has a workforce of 8 employees as of Mar 21, 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 Polynate Foams, 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 Polynate Foams'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 Polynate Foams

Recent activity within the organization

  • Annual General Meeting

    Polynate Foams Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Polynate Foams Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.23 M with Charge ID 100370291 was registered on 30 Jul 2020.

    30 Jul 2020

  • Director Appointment

    Sreerag was appointed as a Director was appointed as a Director on 20 Jan 2020 & has been associated with this company since 5 years 14 days .

    20 Jan 2020

  • Charges

    A charge with State Bank Of India of Rs. 6.15 M registered on 02 May 2008 with Charge ID 10102539 was modified on 28 Feb 2012.

    28 Feb 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.15 M with Charge ID 10102539 was registered on 02 May 2008.

    02 May 2008

Frequently asked questions

  • Polynate Foams Private Limited was incorporated on 05 Sep 1985.

  • The authorized share capital of Polynate Foams Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.76 M.

  • Currently 2 directors are associated with Polynate Foams Private Limited.

    • Haridas Uppath
    • Sreerag
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polynate Foams Private Limited is No. 120 / 1 Pete Channappa Industrial Area Kamakshipalya Magadi Main Road, India, Bangalore, Karnataka, 560079.

  • The corporate identification number (CIN) of Polynate Foams Private Limited is U24130KA1985PTC007131 and the company number is 007131 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polynate Foams Private Limited is https://www.polynatefoams.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polynate Foams Private Limited has risen by 44.09%.

  • As Per 2023 financial reports, 8 employees are currently employed by Polynate Foams Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polynate Foams Private Limited has experienced an upsurge of 12.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polynate Foams Private Limited amount to ₹ 1.77 Cr.

  • The most recent Balance Sheet for Polynate Foams Private Limited was filed with the ROC on 31 Mar 2023.

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