Pollysys IT Solutions Private Limited
About Pollysys IT Solutions Private Limited
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Pollysys IT Solutions Private Limited was a private limited company based in Markanda, Haryana, 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 IT services segment of the services sector. It was incorporated on 28 January 2016.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2016PTC058014.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Karanveer Singh Thind and Mangat Ram.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 862/13 Opp Bus Stand Gt Road Shahabad, Markanda, Haryana, India – 136135.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.13 Lakh. For the same year it recorded a net loss of ₹5.7 Lakh (net margin -51.2%) and EBITDA of -₹5.63 Lakh (EBITDA margin -50.6%).
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- Registered Address862/13 Opp Bus Stand Gt Road Shahabad, Markanda, Haryana, India – 136135
- IndustryService, Information Technology Services
- 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 Pollysys IT Solutions Private Limited
The main business activity of Pollysys IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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.
Board of Directors of Pollysys IT Solutions Private Limited
Pollysys IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karanveer Singh Thind | Director | 28 Jan 2016 | 10 Years 8 Months | As last reported |
| Mangat Ram | Director | 28 Jan 2016 | 10 Years 8 Months | As last reported |
Financials of Pollysys IT Solutions Private Limited FY 2017 filings available
Pollysys IT Solutions Private Limited reported revenue of ₹11.13 Lakh for FY 2017.
Financial Statement Summary of Pollysys IT Solutions Private Limited
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| 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 | -₹5.63 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹5.7 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 Pollysys IT Solutions Private Limited
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -50.6% | •••• |
| Net Profit Margin | -51.2% | •••• |
| 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 Pollysys IT Solutions are in the company report.
Financial statements from FY 2016
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.
Charges & Borrowings of Pollysys IT Solutions Private Limited
Pollysys IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pollysys IT Solutions Private Limited
Employment history and EPFO contributions of people linked to Pollysys IT Solutions.
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 Pollysys IT Solutions Private Limited
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 Pollysys IT Solutions 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 Pollysys IT Solutions 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 Pollysys IT Solutions 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 Pollysys IT Solutions 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 Pollysys IT Solutions Private Limited
Frequently Asked Questions about Pollysys IT Solutions Private Limited
Pollysys IT Solutions 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.
Pollysys IT Solutions was a private limited company based in Markanda, Haryana, India. The company worked in information technology services, within the service industry. It was incorporated on 28 January 2016 and is registered under CIN U72900HR2016PTC058014. The company has been struck off by the Registrar of Companies and is no longer operational.
Pollysys IT Solutions had 2 directors:
- Karanveer Singh Thind - Director
- Mangat Ram - Director
The CIN (Corporate Identification Number) of Pollysys IT Solutions is U72900HR2016PTC058014. 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 Pollysys IT Solutions is at 86213 Opp Bus Stand Gt Road Shahabad, Markanda, Haryana, India – 136135.
Pollysys IT Solutions was incorporated on 28 January 2016. It is registered with the Registrar of Companies, Delhi.
Pollysys IT Solutions reported revenue of ₹11.13 Lakh for FY 2017.
Pollysys IT Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Pollysys IT Solutions reported a net loss of ₹5.7 Lakh (net margin -51.2%) and EBITDA of -₹5.63 Lakh (EBITDA margin -50.6%) for FY 2017, as per its filed financial statements.