Polyex Minerals Private Limited
About Polyex Minerals Private Limited
Data last updated:
Polyex Minerals Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 08 August 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14200GJ2012PTC071475. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It was led by directors Dharmesh Harivallabhdas Rajan and Rajan Ramkrishna Harivallabhdas.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 201 Aniket C G Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2017, the company reported a revenue of ₹73,710, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹26,766 (net margin 36.3%) and EBITDA of -₹33,600 (EBITDA margin -45.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has 1 deal on record (1 acquisition); the latest was in April 2013.
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- Registered Address201 Aniket C G Road Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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
Financials of Polyex Minerals Private Limited FY 2023 filings available
Polyex Minerals Private Limited reported revenue of ₹73,710 (down 25% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Polyex Minerals Private Limited
Revenue fell 25% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 1%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Polyex Minerals Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹73,710 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹33,600 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26,766 | •••• | •••• |
| 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 Polyex Minerals Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -45.6% | •••• | •••• |
| Net Profit Margin | 36.3% | •••• | •••• |
| 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 Polyex Minerals are in the company report.
Financial statements from 2015
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.
Auditor Details of Polyex Minerals Private Limited
Polyex Minerals Private Limited is audited by PRAHLAD L PATEL & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAHLAD L PATEL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Polyex Minerals Private Limited
Polyex Minerals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Harivallabhdas Rajan | Director | 08 Aug 2012 | 14 Years 2 Months | As last reported |
| Rajan Ramkrishna Harivallabhdas Also directs: Welcast Steels Limited, Bharat Beams Private Limited, Ebony Construction Pvt Ltd and 2 more | Director | 08 Aug 2012 | 14 Years 2 Months | As last reported |
Ownership and Shareholding of Polyex Minerals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Polyex Minerals Private Limited
Polyex Minerals Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Polyex Minerals Private Limited
Polyex Minerals Private Limited has 1 deal on record (1 acquisition); the latest was in April 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2013 | Acquisition | Undisclosed | Buyer: Aia Engineering Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Polyex Minerals Private Limited
Employment history and EPFO contributions of people linked to Polyex Minerals.
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.
Recent Activity on Polyex Minerals Private Limited
Polyex Minerals Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Dharmesh Harivallabhdas Rajan was appointed as Director on 08 Aug 2012.
Credit Ratings, Litigation & Regulatory Alerts for Polyex Minerals 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 Polyex Minerals 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 Polyex Minerals 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.
GST Compliance of Polyex Minerals Private Limited
Polyex Minerals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
MCA Filings & Documents of Polyex Minerals 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.
Frequently Asked Questions about Polyex Minerals Private Limited
Polyex Minerals 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.
Polyex Minerals was a private limited company based in Ahmedabad, Gujarat, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 08 August 2012 and is registered under CIN U14200GJ2012PTC071475. The company has been struck off by the Registrar of Companies and is no longer operational.
Polyex Minerals had 2 directors:
- Dharmesh Harivallabhdas Rajan - Director
- Rajan Ramkrishna Harivallabhdas - Director
The CIN (Corporate Identification Number) of Polyex Minerals is U14200GJ2012PTC071475. 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 Polyex Minerals is at 201 Aniket C G Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
Polyex Minerals was incorporated on 08 August 2012. It is registered with the Registrar of Companies, Ahmedabad.
Polyex Minerals reported revenue of ₹73,710 for FY 2017 (down 25% YoY).
Polyex Minerals has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh.
Polyex Minerals reported a net profit of ₹26,766 (net margin 36.3%) and EBITDA of -₹33,600 (EBITDA margin -45.6%) for FY 2017, as per its filed financial statements.
No. Polyex Minerals has 1 GST registration on record and it is cancelled or inactive.