Polygel Performance Material Private Limited

Polygel Performance Material Private Limited - chemicals and materials in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U24200MH2001PTC131280 Incorporated 19 March 2001 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company chemicals and materials
Data last updated
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.14 Cr
Issued & subscribed
Open charges
₹1.8 Cr
Secured borrowings
Company age
25 yrs
Est. 2001
Directors on board
4
As per MCA filings
GST registrations
2
None active
Brands
1
Associated brands
Last financials
Mar 2025
Balance sheet date

About Polygel Performance Material Private Limited

Data last updated:

Polygel Performance Material Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 19 March 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24200MH2001PTC131280. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.14 Cr. It was formerly known as Blue Broadband Technologies Private Limited. It is led by directors including Luv Nandkishore Shah and Ranjit Singh.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Square Business Park, Sector 30, Thane, Maharashtra.

The company is associated with 1 brand: Polygel Industries. As per MCA filings, the company has open charges of ₹1.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

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.net.

Company details

CIN U24200MH2001PTC131280
Registration Number 131280
Incorporation Date 19 March 2001
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Polygel Performance Material has one previous CIN (Corporate Identification Number): U72900MH2001PTC131280. The current CIN is U24200MH2001PTC131280, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24200MH2001PTC131280Current
U72900MH2001PTC131280Previous

Contact details

Polygel Performance Material Private Limited's registered office is in Thane, Maharashtra. Its website is polygelglobal.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Office No. 2204 G – Square Business Park, Plot No. 25 & 26 Sector 30 Vashi Navi Mumbai, Thane, Maharashtra, India – 400705
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Polygel Performance Material Private Limited, buy the company report.

Comprehensive company report
Polygel Performance Material Private Limited - one report that includes everything
  • 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
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Brands

Polygel Performance Material operates one associated brand: Polygel Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Chemical company specializing in high-quality polymers, speciality chemicals, and additives for everyday consumer goods and industrial applicationspolygelglobal.net

Financials of Polygel Performance Material Private Limited

FY 2025 filings available

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Polygel Performance Material Private Limited, buy the company report.

Board of directors of Polygel Performance Material Private Limited

Polygel Performance Material has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Luv Nandkishore ShahDirector19 Mar 200125 Years 7 MonthsCurrent
Ranjit SinghDirector02 Sep 20233 Years 2 MonthsCurrent
Nand Kishore ShahDirector08 May 20179 Years 6 MonthsCurrent
Anil Sayaji PhatangareAdditional Director01 Sep 20251 Years 2 MonthsCurrent

Auditor

Polygel Performance Material Private Limited is audited by A V S & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
A V S & COFY 2020113109W

Shareholding

The shareholding of Polygel Performance Material Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Polygel Performance Material Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.8 Cr
Satisfied charges
None
Breakdown by lending institutions
The Zoroastrian Co Op Bank Ltd₹1.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Aug 200290234875The Zoroastrian Co Op Bank Ltd₹1.8 CrOpen

To see the full charge records of Polygel Performance Material Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Polygel Performance Material Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Polygel Performance Material has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Polygel Performance Material Private Limited, buy the company report.

Recent activity

Polygel Performance Material Private Limited has 8 board changes on record since 2001: 4 appointments and 4 cessations. The latest: Anil Sayaji Phatangare was appointed as Additional Director on 01 Sep 2025.

AGM
Polygel Performance Material Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Anil Sayaji Phatangare was appointed as Additional Director.
Filing
Polygel Performance Material Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Ranjit Singh ceased to be Additional Director.
Appointed
Ranjit Singh was appointed as Director.
Ceased
Vijay Kumar Raichand ceased to be Director.
Ceased
Nand Kishore Shah ceased to be Additional Director.
Appointed
Nand Kishore Shah was appointed as Director.
Ceased
Kush Nandkishore Shah ceased to be Director.
Charges
A charge with The Zoroastrian Co Op Bank Ltd of Rs. 1.80 Cr registered on 28 Aug 2002 with Charge ID 90234875 was modified on 14 Aug 2004.
Charges
A charge with The Zoroastrian Co Op Bank Ltd amounted to Rs. 1.80 Cr with Charge ID 90234875 was registered on 28 Aug 2002.
Appointed
Luv Nandkishore Shah was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Polygel Performance Material is an active private limited company based in Thane, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 19 March 2001 (25+ years old) and is registered under CIN U24200MH2001PTC131280.

Polygel Performance Material has 4 current directors:

The latest financial statements of Polygel Performance Material on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Polygel Performance Material has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Polygel Performance Material is U24200MH2001PTC131280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Polygel Performance Material has 1 court case on record: 1 filed by the company.

Polygel Performance Material was incorporated on 19 March 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.

Anil Sayaji Phatangare was appointed as Additional Director on 01 Sep 2025. Ranjit Singh ceased to be Additional Director on 29 Sep 2023. Ranjit Singh was appointed as Director on 02 Sep 2023. Polygel Performance Material has 8 board changes on record in total.

Polygel Performance Material can be reached through the website polygelglobal.net. Its registered office is in Thane, Maharashtra, India.

The registered office of Polygel Performance Material is at Office No. 2204 G – Square Business Park, Plot No. 25 & 26 Sector 30 Vashi Navi Mumbai, Thane, Maharashtra, India – 400705.