Polyset Plastics Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
as on 24-12-2024
- Paid Up Capital ₹ 7.45 Cr
as on 24-12-2024
- Company Age 51 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 43.10 Cr
as on 24-12-2024
- Satisfied Charges ₹ 73.27 Cr
as on 24-12-2024
- Revenue 20.84%
(FY 2022)
- Profit -78.00%
(FY 2022)
- Ebitda -36.04%
(FY 2022)
- Net Worth 1.04%
(FY 2022)
- Total Assets -11.25%
(FY 2022)
About Polyset Plastics
The Corporate was formerly known as Polyset Plast Private 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 2024. 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 company currently has active open charges totaling ₹43.10 Cr. The company has closed loans amounting to ₹73.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhupesh Bafna and Anjuu Baafna serve as directors at the Company.
- CIN/LLPIN
U25209MH1973PTC016846
- Company No.
016846
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Sep 1973
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Polyset Plastics Private Limited offer?
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.
Who are the key members and board of directors at Polyset Plastics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhupesh Bafna  | Managing Director | 01-Nov-1997 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anjuu Baafna | Director | 01-Mar-2017 | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Polyset Plastics?
In 2022, Polyset Plastics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mehul Finance And Investments Private LimitedActive 49 years 8 monthsBhupesh Bafna and Anjuu Baafna are mutual person
Charges (Loans)
₹43.10 Cr
₹73.27 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 25.00 Cr
- Others : 10.00 Cr
- The Industrial Credit And Investment Corportion Of India Lim : 5.00 Cr
- Sicom Limited : 2.30 Cr
- The State Industrial And Investment Corportion Of Maharash : 0.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2018 | Others | ₹10.00 Cr | Open |
| 30 Mar 2015 | Yes Bank Limited | ₹25.00 Cr | Open |
| 27 Sep 1995 | Sicom Limited | ₹1.50 Cr | Open |
| 28 Jul 1994 | The Industrial Credit And Investment Corportion Of India Lim | ₹5.00 Cr | Open |
| 22 Dec 1988 | Sicom Limited | ₹8.00 M | Open |
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.
Deals i
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
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
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.
