Polymax Elastomers Private Limited - Company Profile

It is a manufacturing private limited company based in Maharastra, Maharashtra, India, established in 1986.
1986 Maharastra, Maharashtra, India Active
Last Updated:
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About Polymax Elastomers Private Limited

Polymax Elastomers Private Limited, a active private limited company, was established on 04 July 1986 in Maharastra, Maharashtra, India. Engaging in rubber-based products within the manufacturing sector, it holds CIN: U99999MH1986PTC040303. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.50 M.

Formerly known as Kwality Polymers Private Limited. It upholds a compliant status. Its leadership includes Rishi Goverdhan Nijhawan (Director), Harsha Goverdhan Nijhawan (Director), Goverdhan Atmaram Nijhawan (Director). It holds ₹2.65 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at Plot No A 471 Rd No 28 Wagle Ind Estate,Thane, Maharastra, Maharashtra, 400604.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U99999MH1986PTC040303

  • Registration Number

    040303

  • Incorporation Date

    04 July 1986

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.65 M
  • Revenue Growth **** 602.01%
  • Profit Growth **** 288.82%
  • Ebitda **** 1083.81%
  • Net Worth 16.07%
  • Total Assets **** 20.94%
Company report

Polymax Elastomers Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Polymax Elastomers 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 Polymax Elastomers Private Limited?
Current Directors
Name Designation Appointment Date Status
Rishi Goverdhan Nijhawan Director 08 Dec 2010 Current
Harsha Goverdhan Nijhawan Director 04 Aug 1986 Current
Goverdhan Atmaram Nijhawan Director 01 Apr 1991 Current

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Financial Performance of Polymax Elastomers.

Polymax Elastomers Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 602.01% increase. The company also saw a substantial improvement in profitability, with a 288.82% increase in profit. The company's net worth Soared by an impressive increase of 16.07%.

Polymax Elastomers revenue growth over time
Polymax Elastomers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 602.01%
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*******
Revenue from Operations
*******
 14591.52%
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*******
*******
Total Assets
*******
 20.94%
*******
*******
*******
*******
Profit or Loss
*******
 288.82%
*******
*******
*******
*******
Net Worth
*******
 16.07%
*******
*******
*******
*******
EBITDA
*******
 1083.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Polymax Elastomers?

In 2021, Polymax Elastomers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹2,650,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 0.27 Cr
Latest Charge Details
Date Lender Amount Status
06 Jul 1993 State Bank Of India ₹1.70 M Open
16 Mar 1987 State Bank Of India ₹0.95 M Open

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How Many Employees Work at Polymax Elastomers?

Unlock and access historical data on people associated with Polymax Elastomers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polymax Elastomers, 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 Polymax Elastomers's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Polymax Elastomers
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Polymax Elastomers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Polymax Elastomers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Rishi Goverdhan Nijhawan was appointed as a Director was appointed as a Director on 08 Dec 2010 & has been associated with this company since 15 years 2 months . was documented.

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.70 M with Charge ID 90151397 was registered on 06 Jul 1993. was recorded as a recent event.

  • Director Appointment

    Progress on Goverdhan Atmaram Nijhawan was appointed as a Director was appointed as a Director on 01 Apr 1991 & has been associated with this company since 34 years 10 months . was documented.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 0.95 M with Charge ID 90151354 was registered on 16 Mar 1987. was completed.

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Frequently Asked Questions
What is the CIN of Polymax Elastomers Private Limited?

The CIN of Polymax Elastomers Private Limited is U99999MH1986PTC040303.

Where is Polymax Elastomers Private Limited headquartered?

Polymax Elastomers Private Limited is headquartered at Plot No A 471 Rd No 28 Wagle Ind Estate,Thane, Maharastra, Maharashtra, 400604.

When was Polymax Elastomers Private Limited incorporated?

Polymax Elastomers Private Limited was incorporated on 04 July 1986.

Who are the current directors of Polymax Elastomers Private Limited?

The current directors of Polymax Elastomers Private Limited are

What is the primary industry of Polymax Elastomers Private Limited?

The primary industry of Polymax Elastomers Private Limited is Manufacturing.

Is Polymax Elastomers Private Limited a listed company?

Polymax Elastomers Private Limited is unlisted.

What is the capital structure of Polymax Elastomers Private Limited?

The authorized capital of Polymax Elastomers Private Limited is ₹2.00 M, and the paid-up capital is ₹1.50 M.

What is the compliance status of Polymax Elastomers Private Limited?

The compliance status of Polymax Elastomers Private Limited is Compliant.

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