MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2020-21)
- Udyam number
- UDYAM-TN-08-0009669
Polymak Private Limited - machinery and equipment in Sriperumbuthur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹144.21 Cr
▲ 7% YoY
Net profit · FY 2025
₹10.18 Cr
Net margin 7.1%
EBITDA · FY 2025
₹17.72 Cr
EBITDA margin 12.3%
Authorised capital
₹1.04 Cr
Registered with MCA
Paid-up capital
₹1.04 Cr
Issued & subscribed
Open charges
₹57.4 Cr
Satisfied ₹32 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
173
Provident fund records
About Polymak Private Limited
Data last updated:
Polymak Private Limited is a private limited company based in Sriperumbuthur, Tamil Nadu, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 22 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24134TN2007PTC062123. Its GSTIN is 33AABCI6235M1ZI (Tamil Nadu).
The company has an authorised share capital of ₹1.04 Cr and a paid-up capital of ₹1.04 Cr. It was formerly known as Ital Plastic Compounds Private Limited. It is led by directors including Devinder Singh (Managing Director) and Mohammed Shamsuddin Jamnagarwala.
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.D – 16 Sipcot Industrial Park Irrungattukottai Pennalur Post, Sriperumbuthur, Tamil Nadu, India – 602105.
As per the financials filed for FY 2025, the company reported a revenue of ₹144.21 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹10.18 Cr (net margin 7.1%) and EBITDA of ₹17.72 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
The company has about 173 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹57.4 Cr and satisfied charges of ₹32 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.34 Cr; the latest was in August 2019. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 208 overdue payments to 50 micro and small suppliers.
Polymak Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0009669). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website exitflexabrasives.com.
Company details
CIN U24134TN2007PTC062123
Registration Number 062123
Incorporation Date 22 January 2007
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-08-0009669
Key People
Devinder Singh Managing Director Mohammed Shamsuddin Jamnagarwala Director Shabbir Yusuf Jamnagarwala Director Recognitions & Rankings of Polymak
Contact details
Polymak Private Limited's registered office is in Sriperumbuthur, Tamil Nadu. Its website is exitflexabrasives.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.D – 16 Sipcot Industrial Park Irrungattukottai Pennalur Post, Sriperumbuthur, Tamil Nadu, India – 602105
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Polymak Private Limited, buy the company report.
Comprehensive company report
Polymak 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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Business activity
The main business activity of Polymak is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Polymak Private Limited, buy the company report.
Financials of Polymak Private Limited
FY 2025 filings availablePolymak Private Limited reported revenue of ₹144.21 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹144.21 Cr ▲ 7%
Net profit · FY 2025
₹10.18 Cr margin 7.1%
EBITDA · FY 2025
₹17.72 Cr margin 12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 14%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 28%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 7% growth in the latest year. EBITDA rose 47% 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 | ₹17.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.18 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 7.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Polymak Private Limited, buy the company report.
Board of directors of Polymak Private Limited
Polymak has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Shamsuddin Jamnagarwala | Director | 21 Nov 2025 | 0 Years 11 Months | Current |
| Devinder Singh | Managing Director | 13 Feb 2023 | 3 Years 8 Months | Current |
| Shabbir Yusuf Jamnagarwala Also directs: Polyhose Enterprise LLP, Polyhose Logistics Park LLP, Polyhose India Rubber Private Limited and 5 more | Director | 27 Mar 2008 | 18 Years 6 Months | Current |
| Saravanan Vijayalakshmi Also directs: Polyhose India Private Limited, Polyhose Tofle Private Limited, Syncot Park Private Limited and 5 more | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Polymak Private Limited is audited by KHAJA AND SAIT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHAJA AND SAIT | FY 2023 | 001786S |
Shareholding
The shareholding of Polymak 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polymak Private Limited, buy the company report.
Charges & borrowings
Open charges
₹57.4 Cr
Satisfied charges
₹32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2022 | 100617757 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.9 Cr | Open | |
| 22 Jun 2018 | 100200153 | The Hongkong and Shanghai Banking Corporation Limited | ₹26.25 Cr | Open | |
| 22 Jun 2018 | 100194442 | The Hongkong and Shanghai Banking Corporation Limited | ₹28.25 Cr | Open | |
| 23 Mar 2018 | 100176256 | Dbs Bank Ltd | ₹3 Cr | Satisfied | |
| 14 Feb 2013 | 10407856 | Dbs Bank Ltd | ₹15 Cr | Satisfied |
To see the full charge records of Polymak Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Polymak Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.34 Cr; the latest was in August 2019.
Total deals
8
Secondary share transfers
5
Funding rounds
3
Disclosed funding
₹19.34 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Polyhose Enterprise LLP Seller: Kohyei Trading Company Limited |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: Polyhose Enterprise LLP Seller: Polyhose India Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Polyhose India Private Limited Seller: an individual |
| Oct 2011 | Funding round | ₹3.84 Cr | Investors: Polyhose India Private Limited , 2 individuals |
| Dec 2007 | Secondary share transfer | Undisclosed | Buyer: Polyhose India Private Limited Seller: 2 individuals |
To see the full deal history of Polymak Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Polymak Private Limited has 7 court cases on record: 7 filed by Polymak. All cases are disposed.
Total cases
7
Filed by the company
7
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 0 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against M/S Grindcut Abrasives Pvt Ltd, Rep by Vijayakumar Praveen and 2 Others | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Polymak 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
Polymak Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 208 overdue payments to 50 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 50)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Chennai Poly Pack Private Limited | |||
| an individual supplier | |||
| Q Tek Labels Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Polymak Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Polymak Private Limited has a workforce of 173 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
173
Active EPFO establishments
1
Employee growth
17.69%
GST
Polymak has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI6235M1ZI | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polymak Private Limited, buy the company report.
Recent activity
Polymak Private Limited has 11 board changes on record since 2008: 4 appointments and 7 cessations. The latest: Mohammed Shamsuddin Jamnagarwala was appointed as Director on 21 Nov 2025.
Appointed
Mohammed Shamsuddin Jamnagarwala was appointed as Director.
Ceased
Shamsuddin Jamnagarwala Ali Asger ceased to be Director.
AGM
Polymak Private Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records.
Ceased
Hatim Shabbir Jamnagarwala ceased to be Director.
Filing
Polymak Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Saravanan Vijayalakshmi was appointed as Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 26.25 Cr registered on 22 Jun 2018 with Charge ID 100200153 was modified on 11 Sep 2023.
Ceased
Devinder Singh ceased to be Additional Director.
Appointed
Devinder Singh was appointed as Managing Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 28.25 Cr registered on 22 Jun 2018 with Charge ID 100194442 was modified on 19 Dec 2022.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.90 Cr with Charge ID 100617757 was registered on 28 Sep 2022.
Charges
A charge registered on 23 Mar 2018 via Charge ID 100176256 with Dbs Bank Ltd was fully satisfied on 28 Aug 2018.
17 earlier events are in the company report.
Frequently asked questions
Polymak is an active private limited company based in Sriperumbuthur, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 22 January 2007 (19+ years old) and is registered under CIN U24134TN2007PTC062123.
Polymak has 4 current directors:
- Devinder Singh - Managing Director
- Mohammed Shamsuddin Jamnagarwala - Director
- Shabbir Yusuf Jamnagarwala - Director
- Saravanan Vijayalakshmi - Director
The latest financial statements of Polymak on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Polymak is 33AABCI6235M1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Polymak is U24134TN2007PTC062123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polymak has 7 court cases on record: 7 filed by the company.
Polymak was incorporated on 22 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chennai.
Polymak has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹19.34 Cr; the latest was in August 2019.
Mohammed Shamsuddin Jamnagarwala was appointed as Director on 21 Nov 2025. Shamsuddin Jamnagarwala Ali Asger ceased to be Director on 18 Nov 2025. Hatim Shabbir Jamnagarwala ceased to be Director on 08 Jul 2025. Polymak has 11 board changes on record in total.
Yes, Polymak is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-08-0009669).
Polymak has 9 MSME Form 1 returns on record between 2019 and 2023, listing 208 overdue payments to 50 micro and small suppliers. The latest return was filed on 29 Aug 2023.