About Handc Polymate Private Limited
Data last updated:
Handc Polymate Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 28 October 2016.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC166955. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹75,500. It is led by directors including Anupama Abhijit Jail and Abhijit Prabhakar Jail.
Its last annual general meeting (AGM) was held on 25 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Block No. C – 3 Bramha Memories Hsg. Soc., No. 135/1A 2A Bhosle Nagar Shivaji Nagar Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.58 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Cr (net margin 58.2%) and EBITDA of ₹1.64 Cr (EBITDA margin 63.5%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 45% over five years.
As per MCA filings, the company has satisfied charges of ₹2 Cr on record.
The last known website on record is handcpolymate.com.
Company details
Contact details
Handc Polymate Private Limited's registered office is in Pune, Maharashtra. Its website is handcpolymate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. C – 3 Bramha Memories Hsg. Soc., No. 135/1A 2A Bhosle Nagar Shivaji Nagar Pune, Maharashtra, India – 411007
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Handc Polymate 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 Handc Polymate Private Limited
FY 2023 filings availableHandc Polymate Private Limited reported revenue of ₹2.58 Cr (down 95% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 95% fall in the latest year. EBITDA fell 55% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.5% | ||||
| Net Profit Margin | 58.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Handc Polymate Private Limited, buy the company report.
Board of directors of Handc Polymate Private Limited
Handc Polymate has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupama Abhijit Jail | Director | 10 Oct 2023 | 3 Years 0 Months | As last reported |
| Abhijit Prabhakar Jail | Director | 28 Oct 2016 | 10 Years 0 Months | As last reported |
| Shilpa Kedar Dixit Also directs: MRM Corporate Advisor Private Limited | Irp/Rp/Liquidator | 07 Feb 2024 | 2 Years 8 Months | As last reported |
Auditor
Handc Polymate Private Limited is audited by HONAP & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HONAP & ASSOCIATES | FY 2023 | 046748 |
Shareholding
The shareholding of Handc Polymate Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Handc Polymate Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2019 | 100232303 | Axis Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Handc Polymate Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Handc Polymate Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Handc Polymate Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Handc Polymate 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 Handc Polymate Private Limited, buy the company report.
Recent activity
Handc Polymate Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Shilpa Kedar Dixit was appointed as Irp/Rp/Liquidator on 07 Feb 2024.
Frequently asked questions
Handc Polymate is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Handc Polymate is a company under liquidation, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 28 October 2016 and is registered under CIN U74999PN2016PTC166955. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Handc Polymate has 3 current directors:
- Anupama Abhijit Jail - Director
- Abhijit Prabhakar Jail - Director
- Shilpa Kedar Dixit - Irp/Rp/Liquidator
The latest financial statements of Handc Polymate on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 August 2023. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Handc Polymate is U74999PN2016PTC166955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Handc Polymate has no open charges and satisfied charges of ₹2 Cr as per latest MCA filings.
Handc Polymate was incorporated on 28 October 2016. It is registered with the Registrar of Companies, Pune.
Shilpa Kedar Dixit was appointed as Irp/Rp/Liquidator on 07 Feb 2024. Anupama Abhijit Jail ceased to be Additional Director on 09 Jan 2024. Ranjit Abhijit Jail ceased to be Director on 15 Oct 2023. Handc Polymate has 7 board changes on record in total.
Handc Polymate can be reached through the website handcpolymate.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Handc Polymate is at Block No. C – 3 Bramha Memories Hsg. Soc., No. 1351A 2A Bhosle Nagar Shivaji Nagar Pune, Maharashtra, India – 411007.
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