Polytec Packins India Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.41 M
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.90 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 27 years and 11 months. Its registered office is in Kanakapura Main Road,Bangalore, 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 2023. 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 ₹10.90 Cr. The company has closed loans amounting to ₹0.44 M, as per Ministry of Corporate Affairs (MCA) records.
Gowrishankar Rajashekar and Chaya Gowrishankar serve as directors at the Company.
Company Details
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Location
Kanakapura Main Road,Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U85110KA1997PTC021903
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Company No.
021903
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Mar 1997
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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
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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%.
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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)
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Unipack Polyfoams Private LimitedGowrishankar Rajashekar is a mutual person
Charges (Loans)
₹109.00 M
₹0.44 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 9.50 Cr
- Axis Bank Ltd : 1.15 Cr
- Uti Bank Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 |
| 26 Sep 2005 | Uti Bank Limited | ₹2.50 M | Open |
| 26 Sep 2005 | Axis Bank Limited | ₹4.00 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.
