Polyset Plastics Private Limited logo

Polyset Plastics Private Limited

Manufacturer of plastic house wares and components for industrial customers with multiple plants and machines.

1973 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

2 months ago
Polyset Plastics Private Limited (PPPL) was founded in India on 15 September 1973 and has a glorious history of 51 years . Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Polyset Plast Limited. 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 12.00 cr and a paid-up capital of Rs 7.45 cr.

The Corporate currently has active open charges totaling ₹43.10 cr. It has already closed loans amounting to ₹73.27 cr, as per the Ministry of Corporate Affairs (MCA) records.

Bhupesh Bafna and Anjuu Baafna serve as directors at the Company.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU25209MH1973PTC016846
Company No.016846
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date15 Sep 1973
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai

Products or Services related to Polyset Plastics Private Limited

Plastic Chair ( Magnet)

Plastic Chairs & Chairs Set

Dining Table (Pf 2005 Round)

Dining Table & Chair

Plastic Stool ( Stool 999)

Plastic Tables & Stools

Polyset Rectangular Plastic Table (Center Table)

Table

product
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Polyset Plastics Private Limited offers a wide range of products and services, including: Plastic Furniture & Supplies, Plastic Chairs & Chairs Set, Kitchen & Dining Furniture, Dining Table & Chair, Plastic Tables & Stools, Living Room Furniture & Sofa Sets, Table, Bathroom Accessories, Plastic Shelf & Rack.

Financials of Polyset Plastics Private Limited

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Polyset Plastics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.84% increase. The company also saw a substantial fall in profitability, with a 78% decrease in profit. The company's net worth moved up by a moderate rise of 1.04%.

Corporate Structure

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Unlock access to Polyset Plastics'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.

People in Polyset Plastics Private Limited

Executive Team (1)

  • BB

    Bhupesh Bafna In Managing Director

    Appointment Date: 01-Nov-1997

    Status: Current

Board Members(1)

Charges (Loans)

Open Charges Satisfied Charges

₹43.10 cr

₹73.27 cr

LenderAmountStatus

Others

Creation Date: 30 Nov 2018
₹10.00 CrOpen

Yes Bank Limited

Creation Date: 30 Mar 2015
₹25.00 CrOpen

Sicom Limited

Creation Date: 27 Sep 1995
₹1.50 CrOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Polyset Plastics, 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 Polyset Plastics's trajectory.

Rating

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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.

Alert

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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.

Related Corporates (Common Directorship)

  • Shalimar Infotech Private Limited

    Shalimar Infotech Private Limited

    Active build-icon 24 years 5 months

    Bhupesh Bafna is a mutual person

  • Organization Of Plastics Processors Of India

    Organization Of Plastics Processors Of India

    Active build-icon 40 years 5 months

    Bhupesh Bafna is a mutual person

  • Mehul Finance And Investments Private Limited

    Mehul Finance And Investments Private Limited

    Active build-icon 49 years 4 months

    Bhupesh Bafna and Anjuu Baafna are mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with Yes Bank Limited of Rs. 25.00 cr registered on 30 Mar 2015 with Charge ID 10569684 was modified on 04 Oct 2023.

    04 Oct 2023
  • Activity

    Annual General Meeting

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

    30 Sep 2023
  • Activity

    Charges

    A charge registered on 17 Jan 2018 via Charge ID 100153689 with Yes Bank Limited was fully satisfied on 20 Sep 2023.

    20 Sep 2023
  • Activity

    Charges

    A charge registered on 24 Jan 2017 via Charge ID 100078176 with Yes Bank Limited was fully satisfied on 20 Sep 2023.

    20 Sep 2023
  • Activity

    Balance Sheet

    Polyset Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

What is the Incorporation or founding date of Polyset Plastics Private Limited?

Polyset Plastics Private Limited was incorporated 51 years 7 days ago on 15 Sep 1973 with Registrar of Companies Roc Mumbai.

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