MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0017051
Polycorp Overseas Private Limited - home & lifestyle in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.5 Cr
▼ 47% YoY
Net loss · FY 2024
₹1.69 Cr
Net margin -17.8%
EBITDA · FY 2024
₹46.73 Lakh
EBITDA margin 4.9%
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹1.6 Cr
Issued & subscribed
Open charges
₹12.7 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Polycorp Overseas Private Limited
Data last updated:
Polycorp Overseas Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 16 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25111MP2019PTC049846. Its GSTIN is 23AAKCP8227F1ZE (Madhya Pradesh).
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors Magan Chand Choudhari and Mahendra Kumar Diwakar.
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 203 Sapphire Heights Near Pakiza Show Room 12 A.B. Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.5 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹1.69 Cr (net margin -17.8%) and EBITDA of ₹46.73 Lakh (EBITDA margin 4.9%).
As per MCA filings, the company has open charges of ₹12.7 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Polycorp Overseas Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0017051). For more details, the company can be reached via its website paraspolyfab.com.
Company details
CIN U25111MP2019PTC049846
Registration Number 049846
Incorporation Date 16 October 2019
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-MP-23-0017051
Recognitions & Rankings of Polycorp Overseas
Contact details
Polycorp Overseas Private Limited's registered office is in Indore, Madhya Pradesh. Its website is paraspolyfab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address203 Sapphire Heights Near Pakiza Show Room 12 A.B. Road, Indore, Madhya Pradesh, India – 452001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Polycorp Overseas Private Limited, buy the company report.
Comprehensive company report
Polycorp Overseas 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 Polycorp Overseas is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Polycorp Overseas Private Limited, buy the company report.
Financials of Polycorp Overseas Private Limited
FY 2024 filings availablePolycorp Overseas Private Limited reported revenue of ₹9.5 Cr (down 47% YoY) for FY 2024.
Revenue · FY 2024
₹9.5 Cr ▼ 47%
Net loss · FY 2024
₹1.69 Cr margin -17.8%
EBITDA · FY 2024
₹46.73 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 47%
EBITDA CAGR growth
1 year
▼ 67%
Revenue fell 47% in the latest year. EBITDA fell 67% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹46.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.69 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | -17.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Polycorp Overseas Private Limited, buy the company report.
Board of directors of Polycorp Overseas Private Limited
Polycorp Overseas has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Magan Chand Choudhari | Additional Director | 26 Aug 2023 | 3 Years 2 Months | Current |
| Mahendra Kumar Diwakar | Additional Director | 30 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Polycorp Overseas Private Limited is audited by MAHESHWARI & GUPTA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHWARI & GUPTA | FY 2021 | 006179C |
Shareholding
The shareholding of Polycorp Overseas Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Polycorp Overseas Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2021 | 100454843 | Bank of India | ₹12.7 Cr | Open |
To see the full charge records of Polycorp Overseas Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Polycorp Overseas Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed against the company by Masterplast India Pvt Ltd Through Bhanwarlal Joshi | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Vardhman Enterprises-Dharmendra Kumar Jain | Disposed |
To see the full case history of Polycorp Overseas 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 Polycorp Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polycorp Overseas has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCP8227F1ZE | Madhya Pradesh | Active | 30 Oct 2019 |
To see the full GST registrations and return filing status of Polycorp Overseas Private Limited, buy the company report.
Recent activity
Polycorp Overseas Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Magan Chand Choudhari was appointed as Additional Director on 26 Aug 2023.
AGM
Polycorp Overseas Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Polycorp Overseas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Appointed
Magan Chand Choudhari was appointed as Additional Director.
Ceased
Nikhil Diwakar ceased to be Director.
Ceased
Kuber Diwakar ceased to be Director.
Appointed
Mahendra Kumar Diwakar was appointed as Additional Director.
Charges
A charge with Bank Of India of Rs. 12.70 Cr registered on 18 Jun 2021 with Charge ID 100454843 was modified on 05 Dec 2022.
Charges
A charge with Bank Of India amounted to Rs. 12.70 Cr with Charge ID 100454843 was registered on 18 Jun 2021.
Incorporation
16 Oct 2019
Polycorp Overseas Private Limited was registered on 16 Oct 2019 with Roc Gwalior & aged 7 years 23 days as per MCA records.
Frequently asked questions
Polycorp Overseas is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 16 October 2019 (7+ years old) and is registered under CIN U25111MP2019PTC049846.
Polycorp Overseas has 2 current directors:
- Magan Chand Choudhari - Additional Director
- Mahendra Kumar Diwakar - Additional Director
The latest financial statements of Polycorp Overseas 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 2020 are in the company report.
The GSTIN of Polycorp Overseas is 23AAKCP8227F1ZE, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Polycorp Overseas is U25111MP2019PTC049846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polycorp Overseas has 2 court cases on record: 2 filed against it.
Polycorp Overseas was incorporated on 16 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
Magan Chand Choudhari was appointed as Additional Director on 26 Aug 2023. Nikhil Diwakar ceased to be Director on 26 Aug 2023. Kuber Diwakar ceased to be Director on 30 Jul 2023. Polycorp Overseas has 4 board changes on record in total.
Yes, Polycorp Overseas is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0017051).
Polycorp Overseas can be reached through the website paraspolyfab.com. Its registered office is in Indore, Madhya Pradesh, India.
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