Polynate Foams Private Limited Company Logo

Polynate Foams Private Limited - Company Profile

It is a manufacturing private limited company based in Bangalore, Karnataka, India, established in 1985.

1985 | Bangalore, Karnataka, India | Active
Last Updated:

About Polynate Foams Private Limited

Polynate Foams Private Limited, a active private limited company, was established on 05 September 1985 in Bangalore, Karnataka, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U24130KA1985PTC007131. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.76 M.

It upholds a compliant status. Employing 8 professional, Its leadership includes Sreerag (Director), Haridas Uppath (Director). Past directors included Sreerag, Uppath Balakrishnan, Sukumaran Parakkel. It holds ₹1.77 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 120 / 1, Pete Channappa Industrial Area, Kamakshipalya, Magadi Main Road,, Bangalore, Karnataka, 560079.

Company Details

  • CIN/LLPIN

    U24130KA1985PTC007131

  • Registration Number

    007131

  • Incorporation Date

    05 September 1985

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.76 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.76 M
  • Company Age 40 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.77 Cr
  • Revenue Growth 44.09%
  • Profit Growth 177.57%
  • Ebitda 57.10%
  • Net Worth 12.50%
  • Total Assets 9.70%
Company report

Polynate Foams Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Polynate Foams 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 Polynate Foams Private Limited?

Current Directors

NameDesignationAppointment DateStatus
SreeragDirector20 Jan 2020Current
Haridas UppathDirector05 Sep 1985Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director31 Dec 2020Past
Pramod AbcsddDirector15 Jan 2013Past
Pramod AbcsddDirector20 Jan 2008Past
Pramod AbcsddDirector26 Feb 2021Past

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Financial Performance of Polynate Foams.

Polynate Foams Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.09% increase. The company also saw a substantial improvement in profitability, with a 177.57% increase in profit. The company's net worth Soared by an impressive increase of 12.5%.

Polynate Foams revenue growth over time
Polynate Foams profit and loss trends over time
  • 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
44.09%
Revenue from Operations
44.08%
Total Assets
9.70%
Profit or Loss
177.57%
Net Worth
12.50%
EBITDA
57.10%

What is the Ownership and Shareholding Structure of Polynate Foams?

In 2023, Polynate Foams had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹17,687,700.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.45 Cr
  • Stae Bank Of India : 0.22 Cr
  • Karnataka State Financial Corporation : 0.07 Cr
  • Industrial Development Bank Of India : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2020State Bank Of India₹6.23 MOpen
02 May 2008State Bank Of India₹6.15 MOpen
10 Oct 1996Industrial Development Bank Of India₹0.28 MOpen
31 Jan 1990Stae Bank Of India₹2.15 MOpen
02 Mar 1989State Bank Of India₹2.15 MOpen

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How Many Employees Work at Polynate Foams?

Polynate Foams has a workforce of 8 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Polynate Foams Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polynate Foams, 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 Polynate Foams's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Polynate Foams

Recent Activity within the Organization

  • Annual General Meeting

    The activity Polynate Foams Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Polynate Foams Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 6.23 M with Charge ID 100370291 was registered on 30 Jul 2020. was documented.

  • Director Appointment

    Sreerag was appointed as a Director was appointed as a Director on 20 Jan 2020 & has been associated with this company since 5 years 10 months . was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India of Rs. 6.15 M registered on 02 May 2008 with Charge ID 10102539 was modified on 28 Feb 2012. was completed.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 6.15 M with Charge ID 10102539 was registered on 02 May 2008. was completed.

Frequently Asked Questions

  • What is the CIN of Polynate Foams Private Limited?

    The CIN of Polynate Foams Private Limited is U24130KA1985PTC007131.

  • Where is Polynate Foams Private Limited headquartered?

    Polynate Foams Private Limited is headquartered at No. 120 / 1, Pete Channappa Industrial Area, Kamakshipalya, Magadi Main Road,, Bangalore, Karnataka, 560079.

  • When was Polynate Foams Private Limited incorporated?

    Polynate Foams Private Limited was incorporated on 05 September 1985.

  • Who are the current directors of Polynate Foams Private Limited?

    The current directors of Polynate Foams Private Limited are

  • What is the primary industry of Polynate Foams Private Limited?

    The primary industry of Polynate Foams Private Limited is Manufacturing.

  • Is Polynate Foams Private Limited a listed company?

    Polynate Foams Private Limited is unlisted.

  • What is the capital structure of Polynate Foams Private Limited?

    The authorized capital of Polynate Foams Private Limited is ₹1.00 M, and the paid-up capital is ₹0.76 M.

  • What is the compliance status of Polynate Foams Private Limited?

    The compliance status of Polynate Foams Private Limited is Compliant.

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