Polycot Cables Private Limited - Company Profile

It is a manufacturing private limited company based in Gandhinagar, Gujarat, India, established in 1988.
1988 Gandhinagar, Gujarat, India Struck Off
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About Polycot Cables Private Limited

Polycot Cables Private Limited, a struck off private limited company, was established on 29 September 1988 in Gandhinagar, Gujarat, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U31300GJ1988PTC011317. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Its leadership includes Parasmal Girdharilal Jain (Director), Rakesh Parasmalji Jain (Director), Lalita Jain (Director). Past directors included Rakesh Parasmalji Jain. It holds no open charges and ₹1.15 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 569/A,Kalol Mahesana Highway Near Nirma Chhatral, Gandhinagar, Gujarat, 382729.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U31300GJ1988PTC011317

  • Registration Number

    011317

  • Incorporation Date

    29 September 1988

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.15 M
  • Revenue Growth **** -99.14%
  • Profit Growth **** 82.80%
  • Ebitda **** -116.76%
  • Net Worth -77.54%
  • Total Assets -78.24%
Company report

Polycot Cables Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Polycot Cables 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 Polycot Cables Private Limited?
Current Directors
Name Designation Appointment Date Status
Parasmal Girdharilal Jain Director 11 Oct 1988 Current
Rakesh Parasmalji Jain Director 01 Sep 2007 Current
Lalita Jain Director 01 Apr 2005 Current
Rajesh Parasmal Jain Director 12 Aug 1996 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Sep 2007 Past

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Financial Performance of Polycot Cables.

Polycot Cables Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.14% decrease. The company also saw a substantial improvement in profitability, with a 82.8% increase in profit. The company's net worth observed a substantial decline by a decrease of 77.54%.

Polycot Cables revenue growth over time
Polycot Cables 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
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 -99.14%
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Revenue from Operations
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Total Assets
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 -78.24%
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Profit or Loss
*******
 82.80%
*******
*******
*******
*******
Net Worth
*******
 -77.54%
*******
*******
*******
*******
EBITDA
*******
 -116.76%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Polycot Cables?

In 2020, Polycot Cables had a promoter holding of 81.00% and a public holding of 19.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹0

Satisfied Charges

₹1,150,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 0.10 Cr
  • State Bank Of Saurashtra : 0.02 Cr
Latest Charge Details
Date Lender Amount Status
18 Nov 2002 State Bank Of Saurashtra ₹0.20 M Satisfied
04 Jan 2002 State Bank Of India ₹0.95 M Satisfied

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How Many Employees Work at Polycot Cables?

Unlock and access historical data on people associated with Polycot Cables, 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 Polycot Cables, 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 Polycot Cables's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Polycot Cables
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Polycot Cables Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Polycot Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    A charge registered on 04 Jan 2002 via Charge ID 90099464 with State Bank Of India was fully satisfied on 29 Jan 2018. was recorded as a recent event.

  • Charges

    A charge with State Bank Of India of Rs. 0.95 M registered on 04 Jan 2002 with Charge ID 90099464 was modified on 25 Nov 2009. was recorded as a recent event.

  • Charges

    The activity A charge registered on 18 Nov 2002 via Charge ID 80053786 with State Bank Of Saurashtra was fully satisfied on 18 May 2009. was completed.

  • Director Appointment

    Rakesh Parasmalji Jain was appointed as a Director was appointed as a Director on 01 Sep 2007 & has been associated with this company since 18 years 5 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Polycot Cables Private Limited?

The CIN of Polycot Cables Private Limited is U31300GJ1988PTC011317.

Where is Polycot Cables Private Limited headquartered?

Polycot Cables Private Limited is headquartered at 569/A,Kalol Mahesana Highway Near Nirma Chhatral, Gandhinagar, Gujarat, 382729.

When was Polycot Cables Private Limited incorporated?

Polycot Cables Private Limited was incorporated on 29 September 1988.

Who are the current directors of Polycot Cables Private Limited?

The current directors of Polycot Cables Private Limited are

What is the primary industry of Polycot Cables Private Limited?

The primary industry of Polycot Cables Private Limited is Manufacturing.

Is Polycot Cables Private Limited a listed company?

Polycot Cables Private Limited is unlisted.

What is the capital structure of Polycot Cables Private Limited?

The authorized capital of Polycot Cables Private Limited is ₹2.50 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Polycot Cables Private Limited?

The compliance status of Polycot Cables Private Limited is Compliant.

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