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

Last Updated:

July 03, 2024
HomeCompanyPolyset Plastics Private Limited

Who are the key members and board of directors at Polyset Plastics?

Executive Team (1)

NameDesignationAppointment DateStatus
Bhupesh Bafna InManaging Director01-Nov-1997Current

Board Members(1)

NameDesignationAppointment DateStatus
Anjuu Baafna In Director 01-Mar-2017Current

Financial Performance and Corporate Structure Insights of Polyset Plastics.

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.84%
Revenue from Operations
21.55%
Total Assets
-11.25%
Profit or Loss
-78.00%
Net Worth
1.04%
EBITDA
-36.04%

Related Corporates (Common Directorship)

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

How Many Employees Work at Polyset Plastics?

Polyset Plastics has a workforce of 595 employees as of Mar 28, 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.

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Latest Updates, News, and FAQs on Polyset Plastics

Recent activity within the organization

  • 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

  • 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

  • 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

  • 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

  • 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

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 30 Nov 2018 with Charge ID 100223108 was modified on 14 Jun 2019.

    14 Jun 2019

Frequently asked questions

  • Polyset Plastics Private Limited was incorporated on 15 Sep 1973.

  • The authorized share capital of Polyset Plastics Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 7.45 Cr.

  • Currently 2 directors are associated with Polyset Plastics Private Limited.

    • Bhupesh Premraj Bafna
    • Anjuu Shailesh Baafna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polyset Plastics Private Limited is Unit Nos. 901 - 906 9Th Floor Cello Triumph, I. B. Patel Road Goregaon (East), Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Polyset Plastics Private Limited is U25209MH1973PTC016846 and the company number is 016846 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polyset Plastics Private Limited is https://www.polyset.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for Polyset Plastics Private Limited has risen by 20.84%.

  • As Per 2022 financial reports, 595 employees are currently employed by Polyset Plastics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Polyset Plastics Private Limited has experienced an upsurge of 1.04%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Polyset Plastics Private Limited amount to ₹ 43.10 Cr.

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

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