Rishi Polymach Private Limited

Manufactures and sells various types of pipes and fittings made from polyethylene and poly vinyl.

1988 | Bangalore, Karnataka (India) | Active
Last Updated: July 17, 2024

Rishi Polymach Profile

Key Indicators

  • Authorised Capital ₹ 1.75 Cr
  • Paid Up Capital ₹ 7.42 M
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.48 Cr
  • Satisfied Charges ₹ 3.70 M
  • Revenue Growth 1.11%
  • Profit Growth 0.44%
  • Ebitda 20.67%
  • Net Worth 4.09%
  • Total Assets 29.52%

About Rishi Polymach

Rishi Polymach Private Limited (RPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 1988 and has a history of 36 years and nine months. Its registered office is in Bangalore, Karnataka, India.

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 1.75 Cr and a paid-up capital of Rs 7.42 M.

The company currently has active open charges totaling ₹7.48 Cr. The company has closed loans amounting to ₹3.70 M, as per Ministry of Corporate Affairs (MCA) records.

Jaichand Daga and Mukesh Daga serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1988PTC009010

  • Company No.

    009010

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Rishi Polymach Private Limited offer?

Rishi Polymach Private Limited offers a wide range of products and services, including PVC, CPVC, HDPE Water Pipe Fittings, PE Pipe Fitting, Metal Pipe & Plumbing Fittings, Pipe Caps, Irrigation and Harvesting Machines, Sprinkler Irrigation System, Pipe Fittings, Welding Equipments & Machinery, Plastic Welding Machine, HDPE Pipe Fittings.

Who are the key members and board of directors at Rishi Polymach?

Executive Team (1)

Name Designation Appointment Date Status
Jaichand Daga Country flag representing In Managing Director 08-Oct-2004 Current

Board Members (1)

Name Designation Appointment Date Status
Mukesh Daga Country flag representing In Director 04-Apr-2023 Current

Financial Performance of Rishi Polymach.

Rishi Polymach Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.11% increase. The company also saw a slight improvement in profitability, with a 0.44% increase in profit. The company's net worth moved up by a moderate rise of 4.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
1.11%
Revenue from Operations
0.21%
Total Assets
29.52%
Profit or Loss
0.44%
Net Worth
4.09%
EBITDA
20.67%

What is the Ownership and Shareholding Structure of Rishi Polymach?

In 2023, Rishi Polymach had a promoter holding of 19.78% and a public holding of 80.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.48 Cr

Satisfied Charges

₹0.37 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.48 Cr

Latest Charge Details

Date Lender Amount Status
25 Jan 2005 State Bank Of India ₹7.48 Cr Open
08 Dec 1997 Dena Bank ₹3.70 M Satisfied

How Many Employees Work at Rishi Polymach?

Rishi Polymach has a workforce of 25 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rishi Polymach, 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 Rishi Polymach's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Rishi Polymach

Recent activity within the organization

  • Annual General Meeting

    Rishi Polymach 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 with State Bank Of India of Rs. 7.48 Cr registered on 25 Jan 2005 with Charge ID 80002790 was modified on 28 Jun 2023.

    28 Jun 2023

  • Director Appointment

    Mukesh Kumar Daga was appointed as a Director was appointed as a Director on 04 Apr 2023 & has been associated with this company since 1 year 9 months .

    04 Apr 2023

  • Balance Sheet

    Rishi Polymach Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 08 Dec 1997 via Charge ID 90191881 with Dena Bank was fully satisfied on 03 Feb 2005.

    03 Feb 2005

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.48 Cr with Charge ID 80002790 was registered on 25 Jan 2005.

    25 Jan 2005

Frequently asked questions

  • Rishi Polymach Private Limited was incorporated on 05 Apr 1988.

  • The authorized share capital of Rishi Polymach Private Limited is ₹ 1.75 Cr and paid-up capital is ₹ 7.42 M.

  • Currently 2 directors are associated with Rishi Polymach Private Limited.

    • Jaichand Lal Daga
    • Mukesh Kumar Daga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rishi Polymach Private Limited is Building No C-2 Kudremukh Colony Sarjapur Road 2Nd Block Kormangala, Bangalore, Karnataka, India, 560034.

  • The corporate identification number (CIN) of Rishi Polymach Private Limited is U85110KA1988PTC009010 and the company number is 009010 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rishi Polymach Private Limited is https://www.rishipolymach.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rishi Polymach Private Limited has risen by 1.11%.

  • As Per 2023 financial reports, 25 employees are currently employed by Rishi Polymach Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rishi Polymach Private Limited has experienced an upsurge of 4.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rishi Polymach Private Limited amount to ₹ 7.48 Cr.

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

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