About Mysore Polyset Private Limited,
Data last updated:
Mysore Polyset Private Limited, is a private limited company based in Bangalore, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 12 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1987PTC008170. Its GSTIN is 29AABCM3619B1ZS (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.3 Lakh. It is led by directors including Bharat Tribhovandas Sindhvad (Managing Director) and Hiten Sindhavad Bharat.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.4 Platform Road V Giri Colony Sheshadripuram, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.73 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Lakh (net margin 0.7%) and EBITDA of ₹11.33 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹65.7 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bitcogroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.4 Platform Road V Giri Colony Sheshadripuram, Bangalore, Karnataka, India – 560020
- IndustryManufacturing, Plastic-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity of Mysore Polyset Private Limited,
The main business activity of Mysore Polyset Private Limited is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mysore Polyset Private Limited,
Mysore Polyset Private Limited, is audited by MALLYA & MALLYA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MALLYA & MALLYA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mysore Polyset Private Limited,
Mysore Polyset Private Limited has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiten Sindhavad Bharat | Director | 30 Sep 2004 | 22 Years 0 Months | Current |
| Kiritkumar Tribhuvandas Sindhwad Also directs: Madhukantha Developers LLP | Director | 12 Feb 1987 | 39 Years 7 Months | Current |
| Mitesh Bharatkumar Sindhavad | Director | 02 Dec 2002 | 23 Years 10 Months | Current |
| Bharat Tribhovandas Sindhvad Also directs: Madhukantha Developers LLP | Managing Director | 12 Feb 1987 | 39 Years 7 Months | Current |
Financials of Mysore Polyset Private Limited, FY 2025 filings available
Mysore Polyset Private Limited, reported revenue of ₹2.73 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mysore Polyset Private Limited,
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 22% growth in the latest year. EBITDA fell 11% 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 of Mysore Polyset Private Limited,
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.78 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 of Mysore Polyset Private Limited,
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mysore Polyset Private Limited are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mysore Polyset Private Limited,
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mysore Polyset Private Limited,
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2019 | Others | ₹32.7 Lakh | Open |
| 25 May 2016 | Dena Bank | ₹14 Lakh | Open |
| 30 Mar 1999 | Dena Bank | ₹1 Lakh | Open |
| 21 Nov 1990 | Dena Bank | ₹12 Lakh | Open |
| 21 Nov 1990 | Dena Bank | ₹3 Lakh | Open |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Mysore Polyset Private Limited,
Employment history and EPFO contributions of people linked to Mysore Polyset Private Limited.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mysore Polyset Private Limited,
Mysore Polyset Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM3619B1ZS | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mysore Polyset Private Limited,
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mysore Polyset Private Limited,
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mysore Polyset Private Limited,
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mysore Polyset Private Limited,
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mysore Polyset Private Limited,
Frequently Asked Questions about Mysore Polyset Private Limited,
Mysore Polyset Private Limited is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 12 February 1987 (39+ years old) and is registered under CIN U25209KA1987PTC008170.
Mysore Polyset Private Limited reported revenue of ₹2.73 Cr for FY 2025 (up 22% YoY).
Mysore Polyset Private Limited has 4 current directors:
- Bharat Tribhovandas Sindhvad - Managing Director
- Hiten Sindhavad Bharat - Director
- Kiritkumar Tribhuvandas Sindhwad - Director
- Mitesh Bharatkumar Sindhavad - Director
Mysore Polyset Private Limited reported a net profit of ₹1.78 Lakh (net margin 0.7%) and EBITDA of ₹11.33 Lakh (EBITDA margin 4.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mysore Polyset Private Limited is -1% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mysore Polyset Private Limited is 29AABCM3619B1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Mysore Polyset Private Limited is U25209KA1987PTC008170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mysore Polyset Private Limited was incorporated on 12 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
Mysore Polyset Private Limited can be reached through the website bitcogroup.com. Its registered office is in Bangalore, Karnataka, India.