Polytec Packins India Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.41 M
- Company Age 28 Year, 26 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.32 Cr
- Satisfied Charges ₹ 0.44 M
- Revenue Growth 34.18%
- Profit Growth 52.39%
- Ebitda 47.81%
- Net Worth 12.87%
- Total Assets 16.56%
About Polytec Packins India
Polytec Packins India Private Limited (PPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 March 1997 and has a history of 28 years. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Packaging 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 5.00 M and a paid-up capital of Rs 4.41 M.
The company currently has active open charges totaling ₹20.32 Cr. The company has closed loans amounting to ₹0.44 M, as per Ministry of Corporate Affairs (MCA) records.
Chaya Gowrishankar and Gowrishankar Rajashekar 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
U85110KA1997PTC021903
- Company No.
021903
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Mar 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Packaging
Who are the key members and board of directors at Polytec Packins India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gowrishankar Rajashekar  | Managing Director | 03-Mar-1997 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chaya Gowrishankar | Whole-Time Director | 12-Oct-1998 | Current |
Financial Performance of Polytec Packins India.
Polytec Packins India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.18% increase. The company also saw a substantial improvement in profitability, with a 52.39% increase in profit. The company's net worth Soared by an impressive increase of 12.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Polytec Packins India?
In 2023, Polytec Packins India had a promoter holding of 92.31% and a public holding of 7.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Unipack Polyfoams Private LimitedGowrishankar Rajashekar is a mutual person
Charges (Loans)
Open Charges
₹203.20 M
Satisfied Charges
₹0.44 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 9.50 Cr
- Others : 9.42 Cr
- Axis Bank Ltd : 1.15 Cr
- Uti Bank Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Nov 2024 | Others | ₹4.60 Cr | Open |
| 25 Oct 2024 | Others | ₹4.82 Cr | Open |
| 28 Dec 2010 | Axis Bank Limited | ₹3.50 Cr | Open |
| 18 Mar 2010 | Axis Bank Ltd | ₹1.15 Cr | Open |
| 12 Dec 2009 | Axis Bank Limited | ₹2.00 Cr | Open |
How Many Employees Work at Polytec Packins India?
Unlock and access historical data on people associated with Polytec Packins India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Polytec Packins India, 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 Polytec Packins India'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.
Latest Updates, News, and FAQs on Polytec Packins India
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 46.00 M with Charge ID 101004010 was registered on 13 Nov 2024.
- Charges
A charge with Others amounted to Rs. 48.20 M with Charge ID 100998691 was registered on 25 Oct 2024.
- Annual General Meeting
Polytec Packins India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Polytec Packins India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Axis Bank Limited of Rs. 40.00 M registered on 26 Sep 2005 with Charge ID 90201048 was modified on 26 Sep 2023.
- Charges
A charge registered on 29 Dec 2004 via Charge ID 80052511 with Sundaram Finance Limited was fully satisfied on 29 Jul 2020.
Frequently asked questions
What is the Incorporation or founding date of Polytec Packins India Private Limited?
Polytec Packins India Private Limited was incorporated on 03 Mar 1997.
What is authorized share capital and paid-up capital of Polytec Packins India Private Limited?
The authorized share capital of Polytec Packins India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.41 M.
Who are the current board members & directors of Polytec Packins India Private Limited?
Currently 2 directors are associated with Polytec Packins India Private Limited.
- Chaya Gowrishankar
- Gowrishankar Bopanna Rajashekar
What is the registered address of Polytec Packins India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Polytec Packins India Private Limited is 15 I St Floor Annapoorneshwari Industrial Area Doddakalla-Sandra, India, Kanakapura Main RoadBangalore, Karnataka, 560062.
What is the corporate identification number (CIN) and company number of Polytec Packins India Private Limited?
The corporate identification number (CIN) of Polytec Packins India Private Limited is U85110KA1997PTC021903 and the company number is 021903 as per Ministry of Corporate Affairs (MCA).
What is the official website of Polytec Packins India Private Limited?
The Official website of Polytec Packins India Private Limited is https://www.polytec.in
What has been the recent revenue trend for Polytec Packins India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Polytec Packins India Private Limited has risen by 34.18%.
What change has been observed in the net worth of Polytec Packins India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Polytec Packins India Private Limited has experienced an upsurge of 12.87%.
What are the total open charges for Polytec Packins India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Polytec Packins India Private Limited amount to ₹ 20.32 Cr.
When was the last Balance Sheet of Polytec Packins India Private Limited filed with the ROC?
The most recent Balance Sheet for Polytec Packins India Private Limited was filed with the ROC on 31 Mar 2024.
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