About Polyflex(India) Private Limited
Data last updated: 11 February 2026
Polyflex(India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in home furnishings manufacturing, a part of the broader consumer goods sector. Incorporated on 07 November 1983, the company has been in operation for over 43 years.
Registered with ROC Bangalore under CIN U24134KA1983PTC005669.
Capital: an authorised share capital of ₹75 Lakh and a paid-up capital of ₹59.2 Lakh. It is led by directors including Vinay Hiru Panjabi and Swarna Nichani.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Royal Park No. 5 & 6 First Floor Park Road Tasker Town Ward No. 78, Bangalore, Karnataka, India – 560051.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.05 Cr, a decline of 6% compared to the previous year.
The company is associated with 1 brand - Polyflex India. As per MCA filings, the company has open charges of ₹5.75 Cr and satisfied charges of ₹61.84 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website magniflexindia.com.
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Registered AddressRoyal Park No. 5 & 6 First Floor Park Road Tasker Town Ward No. 78, Bangalore, Karnataka, India – 560051
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IndustryConsumer Goods, Home Furnishings Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Polyflex(India) Private Limited
Polyflex(India) Private Limited operates one associated brand: Polyflex India. These brands represent Polyflex(India) Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Vibration control products and isolation systems are provided by Polyflex in India. | polyflexindia.net |
Business Activity of Polyflex(India) Private Limited
Polyflex(India) Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Polyflex(India) Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Polyflex(India) Private Limited
Polyflex(India) Private Limited is audited by Raghavan Chaudhuri & Narayanan for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Raghavan Chaudhuri & Narayanan | Locked | Locked | Locked |
Complete auditor history for Polyflex(India) Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
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Board of Directors of Polyflex(India) Private Limited
Polyflex(India) Private Limited is currently managed by 5 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vinay Hiru Panjabi
Also directs:
V H P A & Co Llp, Light And Shade Electricals Private Limited, Chitravati Consultants Private Limited and 2 more
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Director | 30 Nov 2000 | 25 Years 8 Months | Current |
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Swarna Nichani
Also directs:
Polyflex Technologies Private Limited
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Director | 30 Aug 2017 | 8 Years 11 Months | Current |
| Sreenidhi Anand Nichani | Director | 25 Aug 2021 | 4 Years 11 Months | Current |
| Anand Balram Nichani | Whole-Time Director | 28 Sep 1992 | 33 Years 10 Months | Current |
| Premnidhi Nichani | Director | 17 Mar 2025 | 1 Years 5 Months | Current |
Financials of Polyflex(India) Private Limited FY 2025 filings available
Polyflex(India) Private Limited reported revenue of ₹16.05 Cr (down 6.00% YoY) for FY 2024.
Ten-year financial statements for Polyflex(India) Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Polyflex(India) Private Limited
Shareholding and ownership data for Polyflex(India) Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
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Group Structure of Polyflex(India) Private Limited
Polyflex(India) Private Limited has 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Polyflex(India) Private Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Polyflex(India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Nov 2024 | Others | ₹3 Cr | Open |
| 20 Sep 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.75 Cr | Open |
| 12 Dec 2012 | Corporation Bank | ₹7.5 Cr | Satisfied |
| 22 Apr 2001 | Citibank N.A | ₹4 Cr | Satisfied |
| 20 Nov 1999 | Karnataka State Financial Corportion | ₹16 Lakh | Satisfied |
Total charge records: 24 View all charges
Employees and EPFO Compliance at Polyflex(India) Private Limited
View historical data on people associated with Polyflex(India) Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Polyflex(India) Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Polyflex(India) Private Limited
GST registrations and filing compliance for Polyflex(India) Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Polyflex(India) Private Limited
Credit ratings, litigation, and regulatory alerts for Polyflex(India) Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Polyflex(India) Private Limited
MSME payment history for Polyflex(India) Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Polyflex(India) Private Limited
Corporate group structure for Polyflex(India) Private Limited
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- Parent company
- Subsidiaries and ownership
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- Entity investments
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MCA Filings & Documents of Polyflex(India) Private Limited
MCA filings and documents for Polyflex(India) Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Polyflex(India) Private Limited
Recent News on Polyflex(India) Private Limited
Frequently Asked Questions about Polyflex(India) Private Limited
Polyflex(India) Private Limited is an active private limited company in the consumer goods sector based in Bangalore, Karnataka, India. It was incorporated on 07 November 1983 (43+ years old) and is registered under CIN U24134KA1983PTC005669.
Polyflex(India) Private Limited reported revenue of ₹16.05 Cr for FY 2024 (down 6.00% YoY).
The current directors of Polyflex(India) Private Limited are:
- Vinay Hiru Panjabi - Director
- Swarna Nichani - Director
- Sreenidhi Anand Nichani - Director
- Anand Balram Nichani - Whole-Time Director
- Premnidhi Nichani - Director
The primary industry of Polyflex(India) Private Limited is consumer goods. The company specifically operates in home furnishings manufacturing. The company is currently active in this sector.
Polyflex(India) Private Limited can be reached at the registered office: Royal Park No. 5 & 6 First Floor Park Road Tasker Town Ward No. 78, Bangalore, Karnataka, India – 560051, or through the website magniflexindia.com.
The authorised capital is ₹75 Lakh, and the paid-up capital is ₹59.2 Lakh.