Polyflex(India) Private Limited Company Logo

Polyflex(India) Private Limited - Company Profile

It is a consumer goods private limited company based in Bangalore, Karnataka, India, established in 1983.

1983 | Bangalore, Karnataka, India | Active
Last Updated:

About Polyflex(India) Private Limited

Polyflex(India) Private Limited, a active private limited company, was established on 07 November 1983 in Bangalore, Karnataka, India. Engaging in home furnishings manufacturing within the trade sector, it holds CIN: U24134KA1983PTC005669. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹5.92 M.

It upholds a compliant status. Its leadership includes Vinay Hiru Panjabi (Director), Swarna Nichani (Director), Sreenidhi Anand Nichani (Director). Past directors included Nichani Udhavdas Balram, Swarna Nichani. It holds ₹5.75 Cr open charges and ₹61.84 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Royal Park No. 5 & 6, First Floor, Park Road, Tasker Town, Ward No. 78, Bangalore, Karnataka, 560051.

Company Details

  • CIN/LLPIN

    U24134KA1983PTC005669

  • Registration Number

    005669

  • Incorporation Date

    07 November 1983

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹5.92 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.92 M
  • Company Age 42 Year, 26 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.75 Cr
  • Satisfied Charges ₹ 61.84 Cr
  • Revenue Growth 41.00%
  • Profit Growth 48.01%
  • Ebitda -289.13%
  • Net Worth 10.24%
  • Total Assets 9.43%
Company report

Polyflex(India) Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Polyflex(India) 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 Polyflex(India) Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Vinay Hiru PanjabiDirector30 Nov 2000Current
Swarna NichaniDirector30 Aug 2017Current
Sreenidhi Anand NichaniDirector25 Aug 2021Current
Anand Balram NichaniWhole-Time Director28 Sep 1992Current
Premnidhi NichaniDirector17 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director23 Feb 2018Past
Pramod AbcsddAdditional Director29 Sep 2017Past

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Financial Performance of Polyflex(India).

Polyflex(India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41% increase. The company also saw a substantial improvement in profitability, with a 48.01% increase in profit. The company's net worth Soared by an impressive increase of 10.24%.

Polyflex(India) revenue growth over time
Polyflex(India) profit and loss trends over time
  • 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
41.00%
Revenue from Operations
33.86%
Total Assets
9.43%
Profit or Loss
48.01%
Net Worth
10.24%
EBITDA
-289.13%

What is the Ownership and Shareholding Structure of Polyflex(India)?

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Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹57,500,000.00

Satisfied Charges

₹618,400,000.00

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 2.75 Cr

Latest Charge Details

DateLenderAmountStatus
13 Nov 2024Others₹3.00 CrOpen
20 Sep 2023The Hongkong And Shanghai Banking Corporation Limited₹2.75 CrOpen
12 Dec 2012Corporation Bank₹7.50 CrSatisfied
22 Apr 2001Citibank N.A₹4.00 CrSatisfied
20 Nov 1999Karnataka State Financial Corportion₹1.60 MSatisfied

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How Many Employees Work at Polyflex(India)?

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Employee growth trends for Polyflex(India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polyflex(India), 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 Polyflex(India)'s trajectory.

Rating

Graph displaying rating trends over time

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Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Polyflex(India)

Recent Activity within the Organization

  • Director Appointment

    Premnidhi Nichani was appointed as a Director was appointed as a Director on 17 Mar 2025 & has been associated with this company since 8 months 17 days . was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 30.00 M with Charge ID 101004953 was registered on 13 Nov 2024. was documented.

  • Annual General Meeting

    The activity Polyflex(India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Polyflex(India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    The activity A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 27.50 M with Charge ID 100808205 was registered on 20 Sep 2023. was completed.

  • Charges

    Progress on A charge registered on 12 Dec 2012 via Charge ID 10398042 with Corporation Bank was fully satisfied on 18 May 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Polyflex(India) Private Limited?

    The CIN of Polyflex(India) Private Limited is U24134KA1983PTC005669.

  • Where is Polyflex(India) Private Limited headquartered?

    Polyflex(India) Private Limited is headquartered at Royal Park No. 5 & 6, First Floor, Park Road, Tasker Town, Ward No. 78, Bangalore, Karnataka, 560051.

  • When was Polyflex(India) Private Limited incorporated?

    Polyflex(India) Private Limited was incorporated on 07 November 1983.

  • Who are the current directors of Polyflex(India) Private Limited?

    The current directors of Polyflex(India) Private Limited are

  • What is the primary industry of Polyflex(India) Private Limited?

    The primary industry of Polyflex(India) Private Limited is Trade.

  • Is Polyflex(India) Private Limited a listed company?

    Polyflex(India) Private Limited is unlisted.

  • What is the capital structure of Polyflex(India) Private Limited?

    The authorized capital of Polyflex(India) Private Limited is ₹7.50 M, and the paid-up capital is ₹5.92 M.

  • What is the compliance status of Polyflex(India) Private Limited?

    The compliance status of Polyflex(India) Private Limited is Compliant.

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