Banco Polytubes Pvt Ltd
About Banco Polytubes Pvt Ltd
Data last updated:
Banco Polytubes Pvt Ltd is a private limited company based in Madhya Pradesh, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 11 November 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U02520MP1986PTC003657. Its GSTIN is 23AACCB2511Q1ZU (Madhya Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.55 Lakh. It is led by directors Rachana Bansal and Dhruv Bansal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nehru Nagar Thatipurmoorar Gwalior, Madhya Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.09 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹3.22 Lakh (net margin 3%) and EBITDA of ₹9.39 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹65 Lakh and satisfied charges of ₹1.64 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Banco Polytubes Pvt Ltd's registered office is in Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressNehru Nagar Thatipurmoorar Gwalior, Madhya Pradesh, India
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Banco Polytubes Pvt Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Banco Polytubes is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Banco Polytubes Pvt Ltd, buy the company report.
Financials of Banco Polytubes Pvt Ltd
FY 2025 filings availableBanco Polytubes Pvt Ltd reported revenue of ₹1.09 Cr (up 117% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 117% growth in the latest year. EBITDA rose 71% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹9.39 Lakh | ||||
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| Net Profit (PAT) | ₹3.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Banco Polytubes Pvt Ltd, buy the company report.
Board of directors of Banco Polytubes Pvt Ltd
Banco Polytubes has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachana Bansal | Director | 30 Apr 2019 | 7 Years 6 Months | Current |
| Dhruv Bansal | Director | 08 May 2007 | 19 Years 5 Months | Current |
Auditor
Banco Polytubes Pvt Ltd is audited by S K LULLA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K LULLA & CO | FY 2019 | 002336C |
Shareholding
The shareholding of Banco Polytubes Pvt Ltd is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Banco Polytubes Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2025 | 101229701 | Others | ₹40 Lakh | Open | |
| 25 Jun 2007 | 10059002 | Bank of Baroda | ₹25 Lakh | Open | |
| 07 Jul 1998 | 90208243 | State Bank of Indore | ₹40 Lakh | Satisfied | |
| 07 Feb 1989 | 90204674 | State Bank of Indore | ₹75 Lakh | Satisfied | |
| 14 Jul 1988 | 90202473 | Madhya Pradesn Financial Corporation | ₹1.83 Lakh | Satisfied |
To see the full charge records of Banco Polytubes Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Banco Polytubes Pvt Ltd has 3 court cases on record: 3 filed by Banco Polytubes. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of M.P. and Ors. | Disposed |
To see the full case history of Banco Polytubes Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Banco Polytubes Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Banco Polytubes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCB2511Q1ZU | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Banco Polytubes Pvt Ltd, buy the company report.
Recent activity
Banco Polytubes Pvt Ltd has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Deen Dayal Bansal ceased to be Director on 18 May 2019.
9 earlier events are in the company report.
Frequently asked questions
Banco Polytubes is an active private limited company based in Madhya Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 11 November 1986 (40+ years old) and is registered under CIN U02520MP1986PTC003657.
Banco Polytubes has 2 current directors:
- Rachana Bansal - Director
- Dhruv Bansal - Director
The latest financial statements of Banco Polytubes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Banco Polytubes is 23AACCB2511Q1ZU, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Banco Polytubes is U02520MP1986PTC003657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Banco Polytubes has 3 court cases on record: 3 filed by the company.
Banco Polytubes was incorporated on 11 November 1986, making it 40+ years old. It is registered with the Registrar of Companies, Gwalior.
Deen Dayal Bansal ceased to be Director on 18 May 2019. Rachana Bansal was appointed as Director on 30 Apr 2019. Dhruv Bansal was appointed as Director on 08 May 2007. Banco Polytubes has 4 board changes on record in total.
The registered office of Banco Polytubes is at Nehru Nagar Thatipurmoorar Gwalior, Madhya Pradesh, India.
Banco Polytubes operates in the manufacturing industry, in the pipe and tubes segment.
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