Polygon Properties Private Limited
About Polygon Properties Private Limited
Data last updated:
Polygon Properties Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Enn Enn Corp Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 27 August 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC247542. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1.81 Cr and a paid-up capital of ₹3 Lakh. It was led by directors Abhishek Nareshkumar Shah and Naresh Nemchand Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Office No 113 1st Floor Ackruti Star Central Road MIDC Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.71 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹84.03 Lakh (net margin 17.8%) and EBITDA of -₹14.33 Lakh (EBITDA margin -3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
As per MCA filings, the company had satisfied charges of ₹18.31 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in August 2014. Its 10 peer companies in the BFSI industry (Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is Partha Constructions and Flour Mills Private Limited with revenue of ₹4.38 Cr.
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- Registered AddressOffice No 113 1st Floor Ackruti Star Central Road MIDC Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Real Estate Financing
- 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
Business Activity of Polygon Properties Private Limited
The main business activity of Polygon Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Polygon Properties Private Limited FY 2019 filings available
Polygon Properties Private Limited reported revenue of ₹4.71 Cr (down 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Polygon Properties Private Limited
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. 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 Polygon Properties Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹4.71 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹14.33 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹84.03 Lakh | •••• | •••• | •••• | •••• |
| 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 Polygon Properties Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.8% | •••• | •••• | •••• | •••• |
| 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 Polygon Properties 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.
Peer Comparison of Polygon Properties Private Limited
Polygon Properties Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Polygon Properties Private Limited this company | ₹4.71 Cr (FY 2019) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Partha Constructions and Flour Mills Private Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| North Coastal Integrated Food Park Private Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Rajapushpa Corporate Private Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Hyderabad, Telangana, India |
| Avakash Properties Private Limited | ₹4.37 Cr (FY 2016) | •••• | •••• | -41.0% | •••• | Pune, Maharashtra, India |
| Active Developers Private Limited | ₹4.37 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | New Delhi, Delhi, India |
| Rhodium Trading and Leasing Private Limited | ₹4.37 Cr (FY 2020) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Venture Merchandise Private Limited | ₹4.37 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Wilcox Merchants Pvt Ltd | ₹4.36 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Kolkata, West Bengal, India |
| SSL Freight Forwarders Private Limited | ₹4.36 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | New Delhi, Delhi, India |
| Malhotra Silk Mills Private Limited | ₹4.36 Cr (FY 2024) | •••• | •••• | 352.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Polygon Properties by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Polygon Properties Private Limited
Polygon Properties Private Limited is audited by K KIRAN & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K KIRAN & 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 Polygon Properties Private Limited
Polygon Properties has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Nareshkumar Shah | Director | 13 Jun 2017 | 9 Years 3 Months | As last reported |
| Naresh Nemchand Shah Also directs: NKM Ventures LLP, Sumangal Real Estate Builders Pvt Ltd, Enn Enn Capital Private Limited and 2 more | Director | 28 Apr 2017 | 9 Years 5 Months | As last reported |
Ownership and Shareholding of Polygon Properties 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 Polygon Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2014 | Hdfc Bank Limited | ₹16.14 Cr | Satisfied |
| 08 Oct 2014 | Others | ₹2.17 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Polygon Properties Private Limited
Polygon Properties Private Limited has 1 deal on record (1 acquisition); the latest was in August 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Acquisition | Undisclosed | Buyer: Icici Prudential Asset Management Company 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 Polygon Properties Private Limited
Employment history and EPFO contributions of people linked to Polygon Properties.
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 Polygon Properties Private Limited
Polygon Properties Private Limited has 10 board changes on record since 2014: 2 appointments and 8 cessations. The latest: Abhishek Nareshkumar Shah ceased to be Additional Director on 30 Sep 2017.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Polygon Properties 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 Polygon Properties 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 Polygon Properties 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 Polygon Properties Private Limited
Polygon Properties 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.
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 Polygon Properties 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 Polygon Properties Private Limited
Polygon Properties has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Polygon Properties was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 27 August 2013 and is registered under CIN U74120MH2013PTC247542. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Polygon Properties was incorporated on 27 August 2013. It is registered with the Registrar of Companies, Mumbai.
Polygon Properties had 2 directors:
- Abhishek Nareshkumar Shah - Director
- Naresh Nemchand Shah - Director
The CIN (Corporate Identification Number) of Polygon Properties is U74120MH2013PTC247542. 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 Polygon Properties is at Office No 113 1st Floor Ackruti Star Central Road MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
Polygon Properties reported revenue of ₹4.71 Cr for FY 2019 (down 9% YoY).
Polygon Properties has an authorised share capital of ₹1.81 Cr and a paid-up capital of ₹3 Lakh.
Polygon Properties reported a net profit of ₹84.03 Lakh (net margin 17.8%) and EBITDA of -₹14.33 Lakh (EBITDA margin -3%) for FY 2019, as per its filed financial statements.
No. Polygon Properties has 2 GST registrations on record and all of them are cancelled or inactive.
Polygon Properties operated in the financial services industry, in the real estate financing segment.