About Polygel Industries Private Limited
Data last updated: 20 December 2025
Polygel Industries Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Polygel Global Pte Ltd. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 04 August 1994, the company has been in operation for over 32 years.
Registered with ROC Mumbai under CIN U17120MH1994PTC080074.
Capital: an authorised share capital of ₹55 Cr and a paid-up capital of ₹20.57 Cr. Formerly known as Khukri Polytex Pvt Ltd and Polygel Technologies (India) Private Limited. It is led by directors including Luv Nandkishore Shah and Ranjit Singh.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Square Business Park, Sector 30, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹109.83 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 127 employees as per the latest available data. It operates as a subsidiary of Polygel Global Pte Ltd.
The company is associated with 1 brand - Polygel Industries. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹92.43 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 polygelglobal.com.
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Registered AddressOffice No. 2204 G – Square Business Park, Plot No. 25 & 26 Sector 30 Vashi Navi Mumbai, Thane, Maharashtra, India – 400705
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IndustryChemicals and Materials, Specialty Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Polygel Industries Private Limited
Polygel Industries Private Limited has undergone 2 name changes throughout its history. The company was previously known as Khukri Polytex Pvt Ltd, and Polygel Technologies (India) Private Limited. The current legal name is Polygel Industries Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Polygel Industries Private Limited | Current |
| Khukri Polytex Pvt Ltd | Previous |
| Polygel Technologies (India) Private Limited | Previous |
CIN History of Polygel Industries Private Limited
Polygel Industries Private Limited has one previous CIN (Corporate Identification Number): U17120MH1994PTC080074. The current CIN is U58200MH1994PTC080074, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U58200MH1994PTC080074 | Current |
| U17120MH1994PTC080074 | Previous |
Associated Brands with Polygel Industries Private Limited
Polygel Industries Private Limited operates one associated brand: Polygel Industries. These brands represent Polygel Industries Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Chemical company specializing in high-quality polymers, speciality chemicals, and additives for everyday consumer goods and industrial applications | polygelglobal.net |
Business Activity of Polygel Industries Private Limited
Polygel Industries Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Polygel Industries Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Board of Directors of Polygel Industries Private Limited
Polygel Industries Private Limited is currently managed by 6 directors, with 16 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 |
|---|---|---|---|---|
| Luv Nandkishore Shah | Managing Director | 02 Dec 1996 | 29 Years 7 Months | Current |
| Ranjit Singh | Director | 20 Oct 2023 | 2 Years 9 Months | Current |
|
Nand Kishore Shah
Also directs:
Polygel Performance Material Private Limited, Zxprc (India) Private Limited, Pegasus Constchem Private Limited and 3 more
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Director | 30 Sep 2013 | 12 Years 9 Months | Current |
|
Rahul Vijay Raichand
Also directs:
Psl India Private Limited, Flying Fox Wellness Private Limited, Khukri Enterprises Private Limited and 2 more
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Director | 19 Mar 2018 | 8 Years 4 Months | Current |
| Anil Sayaji Phatangare | Director | 30 Sep 2024 | 1 Years 9 Months | Current |
|
Chetan Navin Shah
Also directs:
Devkrish Infrastructure Llp, Ip Avenue Facility Management Llp, Devkrish Six Infra Llp and 5 more
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Director | 20 Oct 2023 | 2 Years 9 Months | Current |
Financials of Polygel Industries Private Limited FY 2025 filings available
Polygel Industries Private Limited reported revenue of ₹109.83 Cr (up 302.00% YoY) for FY 2025.
Ten-year financial statements for Polygel Industries Private Limited
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Charges & Borrowings of Polygel Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2025 | Uco Bank | ₹20 Cr | Open |
| 04 Nov 2024 | Others | ₹10 Cr | Open |
| 16 Jun 2022 | Others | ₹28 Lakh | Satisfied |
| 22 Feb 2022 | Others | ₹55.68 Lakh | Satisfied |
| 29 Nov 2021 | Others | ₹5.29 Cr | Satisfied |
Total charge records: 35 View all charges
Employees and EPFO Compliance at Polygel Industries Private Limited
View historical data on people associated with Polygel Industries Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Polygel Industries Private Limited
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GST Compliance of Polygel Industries Private Limited
GST registrations and filing compliance for Polygel Industries Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Polygel Industries Private Limited
Credit ratings, litigation, and regulatory alerts for Polygel Industries Private Limited
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MSME Payment Delays by Polygel Industries Private Limited
MSME payment history for Polygel Industries Private Limited
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Subsidiaries & Group Companies of Polygel Industries Private Limited
Corporate group structure for Polygel Industries Private Limited
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MCA Filings & Documents of Polygel Industries Private Limited
MCA filings and documents for Polygel Industries Private Limited
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Recent Activity on Polygel Industries Private Limited
Recent News on Polygel Industries Private Limited
Frequently Asked Questions about Polygel Industries Private Limited
Polygel Industries Private Limited is an active private limited company in the chemicals and materials sector based in Thane, Maharashtra, India. It was incorporated on 04 August 1994 (32+ years old) and is registered under CIN U58200MH1994PTC080074. The company has 127 employees.
Polygel Industries Private Limited reported revenue of ₹109.83 Cr for FY 2025 (up 302.00% YoY).
The current directors of Polygel Industries Private Limited are:
- Luv Nandkishore Shah - Managing Director
- Ranjit Singh - Director
- Nand Kishore Shah - Director
- Rahul Vijay Raichand - Director
- Anil Sayaji Phatangare - Director
- Chetan Navin Shah - Director
The primary industry of Polygel Industries Private Limited is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.
Polygel Industries Private Limited can be reached at the registered office: Office No. 2204 G – Square Business Park, Plot No. 25 & 26 Sector 30 Vashi Navi Mumbai, Thane, Maharashtra, India – 400705, or through the website polygelglobal.com.
The authorised capital is ₹55 Cr, and the paid-up capital is ₹20.57 Cr.