MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0081559
Innovative Polycoats Private Limited - infrastructure and utilities in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹2.53 Cr
▲ 28% YoY
Net profit · FY 2023
₹2.79 Lakh
Net margin 1.1%
EBITDA · FY 2023
₹44.65 Lakh
EBITDA margin 17.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹50 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
8
Provident fund records
About Innovative Polycoats Private Limited
Data last updated:
Innovative Polycoats Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 13 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC174708. Its GSTIN is 27AAECI7656R1ZN (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sujay Narayan Kakade and Kusum Narayan Kakade.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 97/19 Flat – A 102 A Wing Sec. No. 18 Nakshtra Ho. So., Pune, Maharashtra, India – 411019.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.53 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹2.79 Lakh (net margin 1.1%) and EBITDA of ₹44.65 Lakh (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Innovative Polycoats Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0081559). For more details, the company can be reached via its website innovativepolycoats.co.in.
Company details
CIN U74999PN2018PTC174708
Registration Number 174708
Incorporation Date 13 February 2018
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0081559
Recognitions & Rankings of Innovative Polycoats
Contact details
Innovative Polycoats Private Limited's registered office is in Pune, Maharashtra. Its website is innovativepolycoats.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 97/19 Flat – A 102 A Wing Sec. No. 18 Nakshtra Ho. So., Pune, Maharashtra, India – 411019
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Innovative Polycoats Private Limited, buy the company report.
Comprehensive company report
Innovative Polycoats Private Limited - one report that includes everything
- 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
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Financials of Innovative Polycoats Private Limited
FY 2024 filings availableInnovative Polycoats Private Limited reported revenue of ₹2.53 Cr (up 28% YoY) for FY 2023.
Revenue · FY 2023
₹2.53 Cr ▲ 28%
Net profit · FY 2023
₹2.79 Lakh margin 1.1%
EBITDA · FY 2023
₹44.65 Lakh margin 17.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 639%
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 28% growth in the latest year. EBITDA rose 639% 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 | ₹2.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹44.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.79 Lakh | ||||
| 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 | |||||
| Trade Receivables | |||||
| 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 | 17.7% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Innovative Polycoats Private Limited, buy the company report.
Board of directors of Innovative Polycoats Private Limited
Innovative Polycoats has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujay Narayan Kakade | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
| Kusum Narayan Kakade | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
Auditor
Innovative Polycoats Private Limited is audited by S. D. Chopde & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. D. Chopde & Co. | FY 2023 | 101577W |
Shareholding
The shareholding of Innovative Polycoats Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Innovative Polycoats Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100929819 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Innovative Polycoats Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Innovative Polycoats 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 Innovative Polycoats Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innovative Polycoats Private Limited has a workforce of 8 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
14.29%
GST
Innovative Polycoats has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI7656R1ZN | Maharashtra | Active | 24 Apr 2018 |
To see the full GST registrations and return filing status of Innovative Polycoats Private Limited, buy the company report.
Recent activity
Innovative Polycoats Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kusum Narayan Kakade was appointed as Director on 13 Feb 2018.
AGM
Innovative Polycoats Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Innovative Polycoats Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100929819 was registered on 24 Jan 2024.
Appointed
Kusum Narayan Kakade was appointed as Director.
Appointed
Sujay Narayan Kakade was appointed as Director.
Incorporation
13 Feb 2018
Innovative Polycoats Private Limited was registered on 13 Feb 2018 with Roc Pune & aged 8 years 8 months as per MCA records.
Frequently asked questions
Innovative Polycoats is an active private limited company based in Pune, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 13 February 2018 (8+ years old) and is registered under CIN U74999PN2018PTC174708.
Innovative Polycoats has 2 current directors:
- Sujay Narayan Kakade - Director
- Kusum Narayan Kakade - Director
The latest financial statements of Innovative Polycoats on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Innovative Polycoats is 27AAECI7656R1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innovative Polycoats is U74999PN2018PTC174708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Polycoats has 3 court cases on record: 3 filed against it. 2 are pending.
Innovative Polycoats was incorporated on 13 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Kusum Narayan Kakade was appointed as Director on 13 Feb 2018. Sujay Narayan Kakade was appointed as Director on 13 Feb 2018.
Yes, Innovative Polycoats is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0081559).
Innovative Polycoats can be reached through the website innovativepolycoats.co.in. Its registered office is in Pune, Maharashtra, India.