About Polycrest Innovations India Private Limited
Data last updated:
Polycrest Innovations India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51495TN2001PTC047023. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.64 Cr. It is led by directors including Sridhar Bharathala Nagarajan (Whole-Time Director) and Viswanathan Ravishankar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2008, and its latest financial statements are for the year ended 31 March 2008. The registered office is at Plot No.22 & 23 Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058.
As per MCA filings, the company has open charges of ₹47.39 Cr and satisfied charges of ₹30 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website polycrest-ii.com.
Company details
Contact details
Polycrest Innovations India Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressPlot No.22 & 23 Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058
- IndustryManufacturing, Textile & Fabric Production
- 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
Financials of Polycrest Innovations India Private Limited
FY 2008 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Polycrest Innovations India Private Limited, buy the company report.
Board of directors of Polycrest Innovations India Private Limited
Polycrest Innovations India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Bharathala Nagarajan Also directs: Vijayagovinda Weaving Company Private Limited | Whole-Time Director | 26 Apr 2001 | 25 Years 6 Months | Current |
| Neeraj Nagorao Karhade | Director | 05 Oct 2005 | 21 Years 0 Months | Current |
| Viswanathan Ravishankar Also directs: Vijayagovinda Weaving Company Private Limited | Whole-Time Director | 26 Apr 2001 | 25 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2008 | 10094987 | Canara Bank | ₹18.66 Cr | Open | |
| 31 Jan 2008 | 10092540 | Union Bank of India | ₹4.55 Cr | Open | |
| 20 Aug 2007 | 10069084 | Union Bank of India | ₹3.83 Cr | Open | |
| 13 Mar 2003 | 90286512 | Lakshmi General Finance Ltd. | ₹5.89 Lakh | Open | |
| 20 Dec 2002 | 90286494 | Lakshmi General Finance Ltd. | ₹3.59 Lakh | Open |
To see the full charge records of Polycrest Innovations India Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Polycrest Innovations India Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Ms Malwa Cotton Spinning Mills Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Brics Gilt Finance Ltd | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed against the company by M/S.The Softex Processing Mills Rep.Partner Ganesh Power of Attorney Balamurugan | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Brics Finance Private Limited | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal complaint | Filed against the company by P. Nagaraj Power of Attorney and Manager in M/S. Tech Knit Processors, | Disposed |
To see the full case history of Polycrest Innovations India 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 Polycrest Innovations India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polycrest Innovations India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Polycrest Innovations India Private Limited, buy the company report.
Recent activity
Polycrest Innovations India Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Vikas Madhusudan Nadkarni ceased to be Director on 13 Jan 2010.
9 earlier events are in the company report.
Frequently asked questions
Polycrest Innovations India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 April 2001 (25+ years old) and is registered under CIN U51495TN2001PTC047023.
Polycrest Innovations India has 3 current directors:
- Sridhar Bharathala Nagarajan - Whole-Time Director
- Viswanathan Ravishankar - Whole-Time Director
- Neeraj Nagorao Karhade - Director
The latest financial statements of Polycrest Innovations India on record with the MCA are for the year ended 31 March 2008. Its last annual general meeting was held on 29 September 2008. Year-wise statements from 2015 are in the company report.
No. Polycrest Innovations India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Polycrest Innovations India is U51495TN2001PTC047023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polycrest Innovations India has 5 court cases on record: 5 filed against it. 1 is pending.
Polycrest Innovations India was incorporated on 25 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.
Vikas Madhusudan Nadkarni ceased to be Director on 13 Jan 2010. Neeraj Nagorao Karhade was appointed as Director on 05 Oct 2005. Sridhar Bharathala Nagarajan was appointed as Whole-Time Director on 26 Apr 2001. Polycrest Innovations India has 4 board changes on record in total.
Polycrest Innovations India can be reached through the website polycrest-ii.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Polycrest Innovations India is at Plot No.22 & 23 Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058.