Polycoat Electra Services (India) Private Limited - Company Profile

It is a consumer electronics & durables private limited company based in Ahmedabad, Gujarat, India, established in 2004.
2004 Ahmedabad, Gujarat, India Active
Last Updated:
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About Polycoat Electra Services (India) Private Limited

Polycoat Electra Services (India) Private Limited, a active private limited company, was established on 21 May 2004 in Ahmedabad, Gujarat, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U51505GJ2004PTC044156. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.91 M.

It upholds a compliant status. Its leadership includes Rajendra Baldevbhai Patel (Managing Director), Praful Baldevbhai Patel (Director), Vishal Hemantkumar Patel (Director). Past directors included Rajendra Baldevbhai Patel. It holds ₹295.38 Cr open charges and ₹2.75 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Siddhihouseb/Hkamaldeepapartmentopplalbunglowoffcgroadnavrangpura, Ahmedabad, Gujarat, 380006.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U51505GJ2004PTC044156

  • Registration Number

    044156

  • Incorporation Date

    21 May 2004

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.91 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.91 M
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 295.38 Cr
  • Satisfied Charges ₹ 2.75 Cr
  • Revenue Growth **** 59.90%
  • Profit Growth **** -1.94%
  • Ebitda **** 22.80%
  • Net Worth 8.02%
  • Total Assets **** 11.55%
Company report

Polycoat Electra Services (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Polycoat Electra Services (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Polycoat Electra Services (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Rajendra Baldevbhai Patel Managing Director 21 May 2004 Current
Praful Baldevbhai Patel Director 21 May 2004 Current
Vishal Hemantkumar Patel Director 01 Apr 2007 Current
Kurang Ramchandra Panchal Managing Director 21 May 2004 Current
Daxesh Ramchandra Panchal Director 21 May 2004 Current
Nehal Ramchandra Panchal Director 21 May 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 11 Jul 2023 Past

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Financial Performance of Polycoat Electra Services (India).

Polycoat Electra Services (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.9% increase. The company also saw a slight decrease in profitability, with a 1.94% decrease in profit. The company's net worth moved up by a moderate rise of 8.02%.

Polycoat Electra Services (India) revenue growth over time
Polycoat Electra Services (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 59.90%
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*******
*******
*******
Revenue from Operations
*******
 62.27%
*******
*******
*******
*******
Total Assets
*******
 11.55%
*******
*******
*******
*******
Profit or Loss
*******
 -1.94%
*******
*******
*******
*******
Net Worth
*******
 8.02%
*******
*******
*******
*******
EBITDA
*******
 22.80%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Polycoat Electra Services (India)?

Unlock access to Polycoat Electra Services (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,953,825,000.00

Satisfied Charges

₹27,500,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 154.49 Cr
  • Others : 133.64 Cr
  • Union Bank Of India : 7.25 Cr
Latest Charge Details
Date Lender Amount Status
29 May 2025 Hdfc Bank Limited ₹1.25 Cr Open
23 Apr 2025 Hdfc Bank Limited ₹6.40 M Open
02 Jan 2025 Hdfc Bank Limited ₹152.60 Cr Open
24 Mar 2015 Union Bank Of India ₹7.25 Cr Open
23 Nov 2011 Others ₹133.64 Cr Open

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How Many Employees Work at Polycoat Electra Services (India)?

Unlock and access historical data on people associated with Polycoat Electra Services (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polycoat Electra Services (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Polycoat Electra Services (India)'s trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Polycoat Electra Services (India)
Recent Activity within the Organization
  • Charges

    A charge with Others of Rs. 133.64 Cr registered on 23 Nov 2011 with Charge ID 10319580 was modified on 13 Nov 2025. was recorded as a recent event.

  • Annual General Meeting

    Progress on Polycoat Electra Services (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 152.60 Cr registered on 02 Jan 2025 with Charge ID 101034188 was modified on 10 Jul 2025. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 101101351 was registered on 29 May 2025. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.64 Cr with Charge ID 101088844 was registered on 23 Apr 2025. was recorded as a recent event.

  • Balance Sheet

    Progress on Polycoat Electra Services (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

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Frequently Asked Questions
What is the CIN of Polycoat Electra Services (India) Private Limited?

The CIN of Polycoat Electra Services (India) Private Limited is U51505GJ2004PTC044156.

Where is Polycoat Electra Services (India) Private Limited headquartered?

Polycoat Electra Services (India) Private Limited is headquartered at Siddhihouseb/Hkamaldeepapartmentopplalbunglowoffcgroadnavrangpura, Ahmedabad, Gujarat, 380006.

When was Polycoat Electra Services (India) Private Limited incorporated?

Polycoat Electra Services (India) Private Limited was incorporated on 21 May 2004.

Who are the current directors of Polycoat Electra Services (India) Private Limited?

The current directors of Polycoat Electra Services (India) Private Limited are

What is the primary industry of Polycoat Electra Services (India) Private Limited?

The primary industry of Polycoat Electra Services (India) Private Limited is Trade.

Is Polycoat Electra Services (India) Private Limited a listed company?

Polycoat Electra Services (India) Private Limited is unlisted.

What is the capital structure of Polycoat Electra Services (India) Private Limited?

The authorized capital of Polycoat Electra Services (India) Private Limited is ₹1.00 Cr, and the paid-up capital is ₹9.91 M.

What is the compliance status of Polycoat Electra Services (India) Private Limited?

The compliance status of Polycoat Electra Services (India) Private Limited is Compliant.

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