Polymetal Solutions Private Limited
About Polymetal Solutions Private Limited
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Polymetal Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 18 April 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U46102KA2023PTC172447. Its GSTIN is 29AANCP6788N1Z4 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors including Pankaj and Ashik Prasad.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹118.02 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.28 Lakh (net margin 0.1%) and EBITDA of ₹61.15 Lakh (EBITDA margin 0.5%).
As per MCA filings, the company has open charges of ₹4.75 Cr on record.
Company details
Contact details
Polymetal Solutions Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressUnit No. 906 9th Floor A Wing, Mittal Towers Mg Road Near Trinity Metro Station, Bangalore, Karnataka, India – 560001
- 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
Business activity
The main business activity of Polymetal Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Polymetal Solutions Private Limited, buy the company report.
Financials of Polymetal Solutions Private Limited
FY 2025 filings availablePolymetal Solutions Private Limited reported revenue of ₹118.02 Cr (up 213% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 213% in the latest year. EBITDA rose 297% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | ₹61.15 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹11.28 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Long-term Borrowings | ||
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| Trade Payables | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.5% | |
| Net Profit Margin | 0.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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To see the full financial statements and ratios of Polymetal Solutions Private Limited, buy the company report.
Board of directors of Polymetal Solutions Private Limited
Polymetal Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj | Director | 13 May 2023 | 3 Years 5 Months | Current |
| Ashik Prasad | Director | 18 Apr 2023 | 3 Years 6 Months | Current |
| Sachin Goyal | Director | 01 Mar 2024 | 2 Years 8 Months | Current |
| Manoj Ashok Nichani | Director | 05 Dec 2024 | 1 Years 11 Months | Current |
Peer comparison
Polymetal Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purohit Steel India Limited | ₹118.17 Cr (FY 2025) | 16.0% | Vasai, Maharashtra, India | |||
| Surana Polycot Textiles India Private Limited | ₹118.16 Cr (FY 2025) | 4.0% | Andheri East Mumbai, Maharashtra, India | |||
| Maturu Rama Rao Steel India Private Limited | ₹118.14 Cr (FY 2025) | 16.0% | Srikakulam, Andhra Pradesh, India | |||
| Avanti Exim India Private Limited | ₹118.03 Cr (FY 2025) | -21.0% | Coimbtore, Tamil Nadu, India | |||
| Print Sales Private Limited | ₹118.03 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Polymetal Solutions Private Limitedthis company | ₹118.02 Cr (FY 2025) | ₹11.28 Lakh | 0.1% | 213.0% | Bangalore, Karnataka, India | |
| Shree Radheyshyam Syn- Fab Private Limited | ₹118.01 Cr (FY 2025) | -16.0% | Ahmedabad, Gujarat, India | |||
| Harshlaxmi Chemisolv Private Limited | ₹118 Cr (FY 2025) | 33.0% | Ahmedabad, Gujarat, India | |||
| Industrial Minerals & Refractories Private Limited | ₹117.96 Cr (FY 2025) | 105.0% | Salem, Tamil Nadu, India | |||
| Garamond Trading Private Limited | ₹117.88 Cr (FY 2019) | 144.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Polymetal Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2023 | 100809663 | State Bank of India | ₹4.75 Cr | Open |
To see the full charge records of Polymetal Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Polymetal Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polymetal Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polymetal Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCP6788N1Z4 | Karnataka | Active | 27 Apr 2023 |
To see the full GST registrations and return filing status of Polymetal Solutions Private Limited, buy the company report.
Recent activity
Polymetal Solutions Private Limited has 6 board changes on record since 2023: 4 appointments and 2 cessations. The latest: Manoj Ashok Nichani ceased to be Director on 02 Nov 2025.
Frequently asked questions
Polymetal Solutions is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 18 April 2023 (3+ years old) and is registered under CIN U46102KA2023PTC172447.
Polymetal Solutions has 4 current directors:
- Pankaj - Director
- Ashik Prasad - Director
- Sachin Goyal - Director
- Manoj Ashok Nichani - Director
The latest financial statements of Polymetal Solutions 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 FY 2024 are in the company report.
The GSTIN of Polymetal Solutions is 29AANCP6788N1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Polymetal Solutions is U46102KA2023PTC172447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polymetal Solutions was incorporated on 18 April 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Polymetal Solutions by revenue are Purohit Steel India Limited, Surana Polycot Textiles India Private Limited, Maturu Rama Rao Steel India Private Limited, Avanti Exim India Private Limited, Print Sales Private Limited and 4 more, all in the same principal business activity (wholesale trading).
Manoj Ashok Nichani ceased to be Director on 02 Nov 2025. Manoj Ashok Nichani was appointed as Director on 05 Dec 2024. Sachin Goyal was appointed as Director on 01 Mar 2024. Polymetal Solutions has 6 board changes on record in total.
The registered office of Polymetal Solutions is at Unit No. 906 9th Floor A Wing, Mittal Towers Mg Road Near Trinity Metro Station, Bangalore, Karnataka, India – 560001.
Polymetal Solutions has open charges of ₹4.75 Cr and no satisfied charges on record as per latest MCA filings.
Polymetal Solutions can be reached at its registered office: Unit No. 906 9th Floor A Wing, Mittal Towers Mg Road Near Trinity Metro Station, Bangalore, Karnataka, India – 560001.
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