Polynova Industries Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1986.
1986 Mumbai, Maharashtra, India Active
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About Polynova Industries Limited

Polynova Industries Limited, a active public limited company, was established on 20 October 1986 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U25209MH1986PLC041294. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹23.00 Cr and a paid-up capital of ₹22.99 Cr.

Formerly known as Lupin Polymers Limited. It upholds a compliant status. Employing 299 professional, Its leadership includes Sunil Makharia (Director), Nilesh Deshbandhu Gupta (Director), Pradeep Sanganeria (Ceo). Past directors included Sunil Makharia, Munish Prakash Vazirani, Nilesh Deshbandhu Gupta. It holds ₹50.10 Cr open charges and ₹148.31 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 159 C S T Roadkalina Santacruz E, Mumbai, Maharashtra, 400098.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U25209MH1986PLC041294

  • Registration Number

    041294

  • Incorporation Date

    20 October 1986

  • Authorized Capital

    ₹23.00 Cr

  • Paid-Up Capital

    ₹22.99 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 23.00 Cr
  • Paid Up Capital ₹ 22.99 Cr
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 50.10 Cr
  • Satisfied Charges ₹ 148.31 Cr
  • Revenue Growth **** 9.12%
  • Profit Growth **** 105.63%
  • Ebitda **** 71.47%
  • Net Worth 19.82%
  • Total Assets **** 10.09%
Company report

Polynova Industries Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Polynova Industries 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 Polynova Industries Limited?
Current Directors
Name Designation Appointment Date Status
Sunil Makharia Director 31 Aug 2001 Current
Nilesh Deshbandhu Gupta Director 22 Jan 2018 Current
Pradeep Sanganeria Ceo 01 Oct 2019 Current
Khushi Ram Gupta Director 31 Dec 1999 Current
Manju Deshbandhu Gupta Director 30 Sep 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Feb 2020 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past
Pramod Abcsdd Cfo 01 Oct 2019 Past
Pramod Abcsdd Director 23 Feb 2020 Past
Pramod Abcsdd Director 26 Jun 2017 Past

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Financial Performance of Polynova Industries.

Polynova Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.12% increase. The company also saw a substantial improvement in profitability, with a 105.63% increase in profit. The company's net worth Soared by an impressive increase of 19.82%.

Polynova Industries revenue growth over time
Polynova Industries 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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 9.12%
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Revenue from Operations
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 8.74%
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*******
*******
Total Assets
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 10.09%
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*******
*******
Profit or Loss
*******
 105.63%
*******
*******
*******
*******
Net Worth
*******
 19.82%
*******
*******
*******
*******
EBITDA
*******
 71.47%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Polynova Industries?

In 2023, Polynova Industries 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

₹501,000,000.00

Satisfied Charges

₹1,483,050,000.00

Charges Breakdown by Lending Institutions
  • Others : 50.10 Cr
Latest Charge Details
Date Lender Amount Status
28 Oct 2024 Others ₹50.10 Cr Open
11 Nov 2021 Others ₹20.00 Cr Satisfied
30 Jun 2006 Sundraram Finance Ltd ₹0.75 M Satisfied
08 Dec 1997 State Bank Of India ₹65.20 Cr Satisfied
05 Jun 1996 State Bank Of India ₹53.60 Cr Satisfied

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How Many Employees Work at Polynova Industries?

Polynova Industries has a workforce of 299 employees as of Apr 01, 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 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 Polynova Industries, 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 Polynova Industries's trajectory.

Rating
Graph displaying rating trends over time

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

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 Polynova Industries
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Polynova Industries Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Polynova Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    The activity A charge registered on 11 Nov 2021 via Charge ID 100502451 with Others was fully satisfied on 28 Nov 2024. was completed.

  • Charges

    A charge registered on 05 Jun 1996 via Charge ID 80019406 with State Bank Of India was fully satisfied on 25 Nov 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 50.10 Cr with Charge ID 101001085 was registered on 28 Oct 2024. was completed.

  • Director Appointment

    The activity Manju Deshbandhu Gupta was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 4 months . was completed.

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Frequently Asked Questions
What is the CIN of Polynova Industries Limited?

The CIN of Polynova Industries Limited is U25209MH1986PLC041294.

Where is Polynova Industries Limited headquartered?

Polynova Industries Limited is headquartered at 159 C S T Roadkalina Santacruz E, Mumbai, Maharashtra, 400098.

When was Polynova Industries Limited incorporated?

Polynova Industries Limited was incorporated on 20 October 1986.

Who are the current directors of Polynova Industries Limited?

The current directors of Polynova Industries Limited are

What is the primary industry of Polynova Industries Limited?

The primary industry of Polynova Industries Limited is Manufacturing.

Is Polynova Industries Limited a listed company?

Polynova Industries Limited is unlisted.

What is the capital structure of Polynova Industries Limited?

The authorized capital of Polynova Industries Limited is ₹23.00 Cr, and the paid-up capital is ₹22.99 Cr.

What is the compliance status of Polynova Industries Limited?

The compliance status of Polynova Industries Limited is Compliant.

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