MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-32-0085860
Polygrip Rubber Products Private Limited
Polygrip Rubber Products Private Limited - manufacturing in Solapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹52.81 Lakh
▲ 880% YoY
Net profit · FY 2024
₹25.67 Lakh
Net margin 48.6%
EBITDA · FY 2024
₹26.97 Lakh
EBITDA margin 51.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹6.6 Lakh
Issued & subscribed
Open charges
₹35 Lakh
Satisfied ₹5.46 Lakh
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings
About Polygrip Rubber Products Private Limited
Data last updated:
Polygrip Rubber Products Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 11 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25199MH1997PTC106481. Its GSTIN is 09AAGCP0863P1ZT (Uttar Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹6.6 Lakh. It is led by directors Ashok Prempal Singh and Rajendra Bhoodev 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 B – 8/9 Damani Complexlaxmi Manket Road, Solapur, Maharashtra, India – 413007.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.81 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.67 Lakh (net margin 48.6%) and EBITDA of ₹26.97 Lakh (EBITDA margin 51.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹35 Lakh and satisfied charges of ₹5.46 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Polygrip Rubber Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-32-0085860). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25199MH1997PTC106481
Registration Number 106481
Incorporation Date 11 March 1997
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-32-0085860
Recognitions & Rankings of Polygrip Rubber Products
Contact details
Polygrip Rubber Products Private Limited's registered office is in Solapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 8/9 Damani Complexlaxmi Manket Road, Solapur, Maharashtra, India – 413007
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Polygrip Rubber Products Private Limited, buy the company report.
Comprehensive company report
Polygrip Rubber Products 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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Financials of Polygrip Rubber Products Private Limited
FY 2025 filings availablePolygrip Rubber Products Private Limited reported revenue of ₹52.81 Lakh (up 880% YoY) for FY 2024.
Revenue · FY 2024
₹52.81 Lakh ▲ 880%
Net profit · FY 2024
₹25.67 Lakh margin 48.6%
EBITDA · FY 2024
₹26.97 Lakh margin 51.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 880%
3 years · compounded
▲ 5%
5 years · compounded
▲ 15%
EBITDA CAGR growth
3 years · compounded
▲ 58%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 880% growth in the latest year. 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹26.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.67 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.1% | ||||
| Net Profit Margin | 48.6% | ||||
| 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 Polygrip Rubber Products Private Limited, buy the company report.
Board of directors of Polygrip Rubber Products Private Limited
Polygrip Rubber Products has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Prempal Singh | Director | 31 Dec 2000 | 25 Years 9 Months | Current |
| Rajendra Bhoodev Singh | Director | 31 Dec 2000 | 25 Years 9 Months | Current |
Peer comparison
Polygrip Rubber Products Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Rubber, Rubber Based Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vimal Plasticizers Private Limited | ₹54.71 Lakh (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Dhuleva Minerals Private Limited | ₹54.63 Lakh (FY 2025) | -10.0% | Udaipur, Rajasthan, India | |||
| Atam Rubbers Private Limited | ₹54.46 Lakh (FY 2024) | 615251.0% | Faridabad, Haryana, India | |||
| Southern Latex Limited | ₹53.9 Lakh (FY 2025) | -2.0% | Mgr, Tamil Nadu, India | |||
| Sainis Cold Retreaders Pvt Ltd | ₹53.7 Lakh (FY 2024) | -3.0% | Hoshiarpur, Punjab, India | |||
| Polygrip Rubber Products Private Limitedthis company | ₹52.81 Lakh (FY 2024) | ₹25.67 Lakh | 48.6% | 880.0% | Solapur, Maharashtra, India | |
| Rubber Reclaim Co of India Ltd | ₹52.67 Lakh (FY 2025) | 67.0% | Kolkata, West Bengal, India | |||
| Shivomatics India Private Limited | ₹52.08 Lakh (FY 2022) | 47.0% | Bahadurgarh, Haryana, India | |||
| Eemi Arlin Silicone Hoses Private Limited | ₹51.97 Lakh (FY 2024) | -1.0% | Mira Road, Maharashtra, India | |||
| Foot Hill Rubber Plants Private Limited | ₹51.73 Lakh (FY 2025) | 110.0% | Bhubaneswar, Odisha, India | |||
| Durja Filters Private Limited | ₹51.3 Lakh (FY 2022) | 27.0% | Pune, Maharashtra, India |
To see the full peer comparison of Polygrip Rubber Products Private Limited, buy the company report.
Shareholding
The shareholding of Polygrip Rubber Products Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Polygrip Rubber Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35 Lakh
Satisfied charges
₹5.46 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2016 | 100060658 | Others | ₹35 Lakh | Open | |
| 15 Jun 2020 | 100356065 | Others | ₹5.46 Lakh | Satisfied |
To see the full charge records of Polygrip Rubber Products Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Polygrip Rubber Products Private Limited has 2 court cases on record: 2 filed by Polygrip Rubber Products. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Polygrip Rubber Products Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polygrip Rubber Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polygrip Rubber Products has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCP0863P1ZT | Uttar Pradesh | Active | 16 Feb 2021 |
To see the full GST registrations and return filing status of Polygrip Rubber Products Private Limited, buy the company report.
Recent activity
Polygrip Rubber Products Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Prempal Kripal Singh ceased to be Managing Director on 28 Aug 2021.
AGM
Polygrip Rubber Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polygrip Rubber Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 15 Jun 2020 via Charge ID 100356065 with Others was fully satisfied on 06 Feb 2024.
Ceased
Prempal Kripal Singh ceased to be Managing Director.
Charges
A charge with Others amounted to Rs. 5.46 Lakh with Charge ID 100356065 was registered on 15 Jun 2020.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100060658 was registered on 19 Aug 2016.
Appointed
Ashok Prempal Singh was appointed as Director.
Appointed
Rajendra Bhoodev Singh was appointed as Director.
Incorporation
11 Mar 1997
Polygrip Rubber Products Private Limited was registered on 11 Mar 1997 with Roc Pune & aged 29 years 7 months as per MCA records.
Frequently asked questions
Polygrip Rubber Products is an active private limited company based in Solapur, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 11 March 1997 (29+ years old) and is registered under CIN U25199MH1997PTC106481.
Polygrip Rubber Products has 2 current directors:
- Ashok Prempal Singh - Director
- Rajendra Bhoodev Singh - Director
The latest financial statements of Polygrip Rubber Products 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.
The GSTIN of Polygrip Rubber Products is 09AAGCP0863P1ZT, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Polygrip Rubber Products is U25199MH1997PTC106481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polygrip Rubber Products has 2 court cases on record: 2 filed by the company.
Polygrip Rubber Products was incorporated on 11 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Polygrip Rubber Products by revenue are Vimal Plasticizers Private Limited, Dhuleva Minerals Private Limited, Atam Rubbers Private Limited, Southern Latex Limited, Sainis Cold Retreaders Pvt Ltd and 5 more, all in the Manufacturing industry (Rubber, Rubber Based Products).
Prempal Kripal Singh ceased to be Managing Director on 28 Aug 2021. Ashok Prempal Singh was appointed as Director on 31 Dec 2000. Rajendra Bhoodev Singh was appointed as Director on 31 Dec 2000.
Yes, Polygrip Rubber Products is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-32-0085860).
The registered office of Polygrip Rubber Products is at B – 89 Damani Complexlaxmi Manket Road, Solapur, Maharashtra, India – 413007.