Polysquare LLP - manufacturing in Bangalore, Karnataka, India. Directors, charges & compliance details.
LLPIN AAH-6622 Incorporated 21 October 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Limited Liability Partnership manufacturing
Contribution obligation
₹3 Cr
As per LLP agreement
Open charges
₹39.01 Cr
Satisfied ₹2.9 Cr
LLP age
10 yrs
Est. 2016
Employees · EPFO
15
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
8
of 12 registered
Last financials
Mar 2025
Balance sheet date
LLP status
Active
MCA master data

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

LLPIN AAH-6622
Incorporation Date 21 October 2016
Total Obligation of Contribution ₹3 Cr
ROC Bangalore
Company Status Active

Contact details

Polysquare LLP's registered office is in Bangalore, Karnataka.

  • Registered Address
    No. 27 1st Floor 4th G Cross Magadi Main Road Kamakshipalya, Bangalore, Karnataka, India – 560079
  • Industry
    Manufacturing, Plastic-Based Products
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  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Polysquare LLP

FY 2025 filings available

Financial Statement Summary

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
Net Profit Margin
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

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.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Ankish SarafDesignated Partner21 Oct 201610 Years 0 MonthsCurrent
Piyush SarafDesignated Partner21 Oct 201610 Years 0 MonthsCurrent

Charges & borrowings

Open charges
₹39.01 Cr
Satisfied charges
₹2.9 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹39.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Nov 2023100829829Hdfc Bank Limited₹7.47 LakhOpen
03 Sep 2022100622724Hdfc Bank Limited₹20 LakhOpen
06 Aug 2021100478773Hdfc Bank Limited₹38.74 CrOpen
04 Sep 2017100123603State Bank of India₹2.9 CrSatisfied

To see the full charge records of Polysquare LLP, buy the company report.

Total charge records: 4 View all charges

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.

Total GSTINs
12
Active
8
Cancelled / inactive
4
GSTINStateStatusRegistered on
03AATFP2117Q1ZTPunjabActive01 Jul 2017
22AATFP2117Q2ZSChhattisgarhActive01 Jul 2017
23AATFP2117Q1ZRMadhya PradeshActive01 Jul 2017
27AATFP2117Q1ZJMaharashtraActive01 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.

AGM
Polysquare Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Polysquare Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 38.74 Cr registered on 06 Aug 2021 with Charge ID 100478773 was modified on 28 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100829829 was registered on 21 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100622724 was registered on 03 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 38.74 Cr with Charge ID 100478773 was registered on 06 Aug 2021.
Charges
A charge registered on 04 Sep 2017 via Charge ID 100123603 with State Bank Of India was fully satisfied on 22 Mar 2021.
Charges
A charge with State Bank Of India of Rs. 2.90 Cr registered on 04 Sep 2017 with Charge ID 100123603 was modified on 29 Mar 2019.
Charges
A charge with State Bank Of India amounted to Rs. 2.90 Cr with Charge ID 100123603 was registered on 04 Sep 2017.
Appointed
Ankish Saraf was appointed as Designated Partner.
Appointed
Piyush Saraf was appointed as Designated Partner.
Incorporation
21 Oct 2016
Polysquare Llp was registered on 21 Oct 2016 with Roc Bangalore & aged 10 years 22 days as per MCA records.

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:

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.