
Polysquare LLP
About Polysquare LLP
Data last updated:
Polysquare LLP is a limited liability partnership (LLP) based in Bangalore, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 21 October 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAH-6622. Its GSTIN is 03AATFP2117Q1ZT (Punjab). The LLP holds 12 GST registrations, of which 8 are active.
The LLP has a total obligation of contribution of ₹3 Cr. It is led by designated partners Ankish Saraf and Piyush Saraf.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at No. 27 1st Floor 4th G Cross Magadi Main Road Kamakshipalya, Bangalore, Karnataka, India – 560079.
The LLP has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹39.01 Cr and satisfied charges of ₹2.9 Cr on record. Court records list 7 cases involving the LLP, including 5 filed by the LLP and 2 filed against it; 3 cases are pending.
Company details
Contact details
Polysquare LLP's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 27 1st Floor 4th G Cross Magadi Main Road Kamakshipalya, Bangalore, Karnataka, India – 560079
- IndustryManufacturing, Plastic-Based Products
- 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
Financials of Polysquare LLP
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Polysquare LLP, buy the company report.
Designated partners of Polysquare LLP
Polysquare has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankish Saraf | Designated Partner | 21 Oct 2016 | 10 Years 0 Months | Current |
| Piyush Saraf Also directs: Maruti Poly Fab Private Limited, Shloka Capitals Private Limited, Lion Polymers LLP and 5 more | Designated Partner | 21 Oct 2016 | 10 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2023 | 100829829 | Hdfc Bank Limited | ₹7.47 Lakh | Open | |
| 03 Sep 2022 | 100622724 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 06 Aug 2021 | 100478773 | Hdfc Bank Limited | ₹38.74 Cr | Open | |
| 04 Sep 2017 | 100123603 | State Bank of India | ₹2.9 Cr | Satisfied |
To see the full charge records of Polysquare LLP, buy the company report.
Total charge records: 4 View all charges
Legal cases
Polysquare LLP has 7 court cases on record: 5 filed by Polysquare, 2 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 3 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Indore | Insolvency matter | Filed against the company by Dash Paper Plast Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
| District court, Indore, Madhya Pradesh | Court case (RCS B) | Filed by the company against Dheeraj Agrawal Pro.Shubh Corporation | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against M/S Vinisun Ployfeb Udhyog | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Polysquare LLP, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polysquare LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polysquare has 12 GST registrations: 8 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AATFP2117Q1ZT | Punjab | Active | 01 Jul 2017 |
| 22AATFP2117Q2ZS | Chhattisgarh | Active | 01 Jul 2017 |
| 23AATFP2117Q1ZR | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AATFP2117Q1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polysquare LLP, buy the company report.
Recent activity
Polysquare LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Ankish Saraf was appointed as Designated Partner on 21 Oct 2016.
Frequently asked questions
Polysquare is an active limited liability partnership based in Bangalore, Karnataka, India. The LLP works in plastic-based products, within the manufacturing industry. It was incorporated on 21 October 2016 (10+ years old) and is registered under LLPIN AAH-6622.
Polysquare has 2 current designated partners:
- Ankish Saraf - Designated Partner
- Piyush Saraf - Designated Partner
The latest financial statements of Polysquare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Polysquare is 03AATFP2117Q1ZT, registered in Punjab. The LLP has 12 GST registrations in all, of which 8 are active and 4 are cancelled or inactive. Other active GSTINs include 22AATFP2117Q2ZS (Chhattisgarh), 23AATFP2117Q1ZR (Madhya Pradesh), 27AATFP2117Q1ZJ (Maharashtra).
The LLPIN (Limited Liability Partnership Identification Number) of Polysquare is AAH-6622. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Polysquare has 7 court cases on record: 5 filed by the LLP and 2 filed against it. 3 are pending. Most are in the district courts.
Polysquare was incorporated on 21 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ankish Saraf was appointed as Designated Partner on 21 Oct 2016. Piyush Saraf was appointed as Designated Partner on 21 Oct 2016.
The registered office of Polysquare is at No. 27 1st Floor 4th G Cross Magadi Main Road Kamakshipalya, Bangalore, Karnataka, India – 560079.
Polysquare operates in the manufacturing industry, in the plastic-based products segment.

