C.C. Polycoats India Private Limited
About C.C. Polycoats India Private Limited
Data last updated:
C.C. Polycoats India Private Limited was a private limited company based in Satara, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 13 February 2011.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2011PTC138514. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors including Chandrashekhar Madhukar Chorage (Managing Director) and Shrijay Chandrashekhar Chorge.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot No. 6 Amrut Manthan Uttekar Nagar Sadar Bazar, Satara, Maharashtra, India – 415001.
As per the financials filed for FY 2023, the company reported a revenue of ₹29.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.57 Lakh (net margin 100%) and EBITDA of ₹29.57 Lakh (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 278% over three years and 31% over five years.
As per MCA filings, the company had satisfied charges of ₹7.2 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
C.C. Polycoats India Private Limited's registered office is in Satara, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 6 Amrut Manthan Uttekar Nagar Sadar Bazar, Satara, Maharashtra, India – 415001
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of C.C. Polycoats India Private Limited, 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
Financials of C.C. Polycoats India Private Limited
FY 2023 filings availableC.C. Polycoats India Private Limited reported revenue of ₹29.57 Lakh (up 15238% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years. EBITDA rose 448% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹29.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.57 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 100% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of C.C. Polycoats India Private Limited, buy the company report.
Board of directors of C.C. Polycoats India Private Limited
C.C. Polycoats India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrijay Chandrashekhar Chorge | Director | 10 Feb 2012 | 14 Years 8 Months | As last reported |
| Urmila Chandrashekhar Chorage | Director | 13 Feb 2011 | 15 Years 8 Months | As last reported |
| Chandrashekhar Madhukar Chorage | Managing Director | 13 Feb 2011 | 15 Years 8 Months | As last reported |
Peer comparison
C.C. Polycoats India Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Snew Coppers Private Limited | ₹30.1 Lakh (FY 2024) | 29.0% | Jalna, Maharashtra, India | |||
| Awirath Ispat Private Limited | ₹30.04 Lakh (FY 2025) | 25.0% | Navi Mumbai, Maharashtra, India | |||
| C.C. Polycoats India Private Limitedthis company | ₹29.57 Lakh (FY 2023) | ₹29.57 Lakh | 100% | 15238.0% | Satara, Maharashtra, India | |
| Kanha Engineering Private Limited | ₹28.77 Lakh (FY 2025) | -46.0% | New Delhi, Delhi, India |
To see the full peer comparison of C.C. Polycoats India Private Limited, buy the company report.
Auditor
C.C. Polycoats India Private Limited is audited by S K SOMAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K SOMAN & CO | FY 2022 | 110350W |
Shareholding
The shareholding of C.C. Polycoats India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of C.C. Polycoats India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2016 | 100025489 | Others | ₹4.5 Cr | Satisfied | |
| 31 Jan 2015 | 10603095 | Bmw India Financial Services Private Limited | ₹1.5 Cr | Satisfied | |
| 08 Jun 2012 | 10366944 | The Karad Urban Co-Operative Bank Limited Karad | ₹90 Lakh | Satisfied | |
| 16 Apr 2012 | 10356212 | The Karad Urban Co- Op. Bank Ltd. | ₹30 Lakh | Satisfied |
To see the full charge records of C.C. Polycoats India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
C.C. Polycoats India Private Limited has 1 court case on record: 1 filed by C.C. Polycoats India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Satara, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of C.C. Polycoats India Private Limited, 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 C.C. Polycoats India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
C.C. Polycoats India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of C.C. Polycoats India Private Limited, buy the company report.
Recent activity
C.C. Polycoats India Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Shrijay Chandrashekhar Chorge ceased to be Additional Director on 29 Jun 2012.
4 earlier events are in the company report.
Frequently asked questions
C.C. Polycoats India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
C.C. Polycoats India was a private limited company based in Satara, Maharashtra, India. The company worked in metal foundry and fabrication services, within the engineering industry. It was incorporated on 13 February 2011 and is registered under CIN U74900PN2011PTC138514. The company has been struck off by the Registrar of Companies and is no longer operational.
C.C. Polycoats India had 3 directors:
- Chandrashekhar Madhukar Chorage - Managing Director
- Shrijay Chandrashekhar Chorge - Director
- Urmila Chandrashekhar Chorage - Director
The CIN (Corporate Identification Number) of C.C. Polycoats India is U74900PN2011PTC138514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of C.C. Polycoats India is at Plot No. 6 Amrut Manthan Uttekar Nagar Sadar Bazar, Satara, Maharashtra, India – 415001.
C.C. Polycoats India was incorporated on 13 February 2011. It is registered with the Registrar of Companies, Pune.
The latest financial statements of C.C. Polycoats India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. C.C. Polycoats India has 1 GST registration on record and it is cancelled or inactive.
C.C. Polycoats India operated in the engineering industry, in the metal foundry and fabrication services segment. It worked in this industry before it was struck off.
The peers of C.C. Polycoats India by revenue are Snew Coppers Private Limited, Awirath Ispat Private Limited, Kanha Engineering Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
C.C. Polycoats India has 1 court case on record: 1 filed by the company.
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