Polyset Plastics Private Limited - Company Profile

It is a manufacturing private limited company based in Mumbai, Maharashtra, India, established in 1973.
1973 Mumbai, Maharashtra, India Active
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About Polyset Plastics Private Limited

Polyset Plastics Private Limited, a active private limited company, was established on 15 September 1973 in Mumbai, Maharashtra, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U25209MH1973PTC016846. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹8.09 Cr.

Formerly known as Polyset Plast Private Limited, Polyset Plast Limited. It upholds a compliant status. Employing 595 professional, Its leadership includes Bhupesh Premraj Bafna (Managing Director), Anjuu Shailesh Baafna (Director), Priti Bhupesh Bafna (Additional Director). Past directors included Bhupesh Premraj Bafna, Premraj Futarmal Bafna, Shailesh Premraj Bafna. It holds ₹35.50 Cr open charges and ₹81.37 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Unit Nos. 901 - 906, 9Th Floor, Cello Triumph, I. B. Patel Road, Goregaon (East),, Mumbai, Maharashtra, 400063.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U25209MH1973PTC016846

  • Registration Number

    016846

  • Incorporation Date

    15 September 1973

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹8.09 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 8.09 Cr
  • Company Age 52 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 35.50 Cr
  • Satisfied Charges ₹ 81.37 Cr
  • Revenue Growth **** 6.12%
  • Profit Growth **** 132.43%
  • Ebitda **** 2.84%
  • Net Worth 2.39%
  • Total Assets -10.93%
Company report

Polyset Plastics Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Polyset Plastics 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 Polyset Plastics Private Limited?
Current Directors
Name Designation Appointment Date Status
Bhupesh Premraj Bafna Managing Director 01 Nov 1997 Current
Anjuu Shailesh Baafna Director 01 Mar 2017 Current
Priti Bhupesh Bafna Additional Director 03 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Nov 2011 Past
Pramod Abcsdd Whole-Time Director 27 Jun 2019 Past
Pramod Abcsdd Managing Director 28 Oct 2011 Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 03 Apr 2018 Past

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Financial Performance of Polyset Plastics.

Polyset Plastics Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.12% increase. The company also saw a substantial improvement in profitability, with a 132.43% increase in profit. The company's net worth moved up by a moderate rise of 2.39%.

Polyset Plastics revenue growth over time
Polyset Plastics 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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 6.12%
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*******
*******
Revenue from Operations
*******
 5.24%
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*******
*******
Total Assets
*******
 -10.93%
*******
*******
*******
*******
Profit or Loss
*******
 132.43%
*******
*******
*******
*******
Net Worth
*******
 2.39%
*******
*******
*******
*******
EBITDA
*******
 2.84%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Polyset Plastics?

In 2023, Polyset Plastics 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

₹355,000,000.00

Satisfied Charges

₹813,733,400.00

Charges Breakdown by Lending Institutions
  • Yes Bank Limited : 25.00 Cr
  • Others : 10.50 Cr
Latest Charge Details
Date Lender Amount Status
30 Jan 2025 Others ₹5.00 M Open
30 Nov 2018 Others ₹10.00 Cr Open
30 Mar 2015 Yes Bank Limited ₹25.00 Cr Open
17 Jan 2018 Yes Bank Limited ₹3.00 Cr Satisfied
24 Jan 2017 Yes Bank Limited ₹3.00 Cr Satisfied

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How Many Employees Work at Polyset Plastics?

Polyset Plastics has a workforce of 595 employees as of Mar 28, 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 Polyset Plastics, 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 Polyset Plastics'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 Polyset Plastics
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 28 Jul 1994 via Charge ID 90162977 with The Industrial Credit And Investment Corportion Of India Lim was fully satisfied on 06 Oct 2025. was documented.

  • Annual General Meeting

    Polyset Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge registered on 27 Sep 1995 via Charge ID 90163229 with Sicom Limited was fully satisfied on 15 May 2025. was completed.

  • Charges

    A charge registered on 22 Dec 1988 via Charge ID 90162216 with Sicom Limited was fully satisfied on 15 May 2025. was recorded as a recent event.

  • Charges

    A charge registered on 03 Mar 1987 via Charge ID 90162032 with The State Industrial And Investment Corportion Of Maharash was fully satisfied on 15 May 2025. was recorded as a recent event.

  • Director Appointment

    The activity Priti Bhupesh Bafna was appointed as a Additional Director was appointed as a Additional Director on 03 May 2025 & has been associated with this company since 10 months . was completed.

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Frequently Asked Questions
What is the CIN of Polyset Plastics Private Limited?

The CIN of Polyset Plastics Private Limited is U25209MH1973PTC016846.

Where is Polyset Plastics Private Limited headquartered?

Polyset Plastics Private Limited is headquartered at Unit Nos. 901 - 906, 9Th Floor, Cello Triumph, I. B. Patel Road, Goregaon (East),, Mumbai, Maharashtra, 400063.

When was Polyset Plastics Private Limited incorporated?

Polyset Plastics Private Limited was incorporated on 15 September 1973.

Who are the current directors of Polyset Plastics Private Limited?

The current directors of Polyset Plastics Private Limited are

What is the primary industry of Polyset Plastics Private Limited?

The primary industry of Polyset Plastics Private Limited is Manufacturing.

Is Polyset Plastics Private Limited a listed company?

Polyset Plastics Private Limited is unlisted.

What is the capital structure of Polyset Plastics Private Limited?

The authorized capital of Polyset Plastics Private Limited is ₹12.00 Cr, and the paid-up capital is ₹8.09 Cr.

What is the compliance status of Polyset Plastics Private Limited?

The compliance status of Polyset Plastics Private Limited is Compliant.

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