Rishi Polymach Private Limited - Company Profile

It is a manufacturing private limited company based in Bangalore, Karnataka, India, established in 1988.
1988 Bangalore, Karnataka, India Active
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About Rishi Polymach Private Limited

Rishi Polymach Private Limited, a active private limited company, was established on 05 April 1988 in Bangalore, Karnataka, India. Engaging in pipe & tubes within the trade sector, it holds CIN: U85110KA1988PTC009010. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.74 Cr.

It upholds a compliant status. Employing 25 professional, Its leadership includes Jaichand Lal Daga (Managing Director), Mukesh Kumar Daga (Director). Past directors included Rakesh Kumar Daga, Dhanraj Daga. It holds ₹12.40 Cr open charges and ₹3.70 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Building No C-2, Kudremukh Colony, Sarjapur Road, 2Nd Block, Kormangala, Bangalore, Karnataka, 560034.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U85110KA1988PTC009010

  • Registration Number

    009010

  • Incorporation Date

    05 April 1988

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.74 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.74 Cr
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.40 Cr
  • Satisfied Charges ₹ 3.70 M
  • Revenue Growth **** 1.11%
  • Profit Growth **** -43.52%
  • Ebitda **** 85.76%
  • Net Worth 4.09%
  • Total Assets **** 29.52%
Company report

Rishi Polymach Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Rishi Polymach 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 Rishi Polymach Private Limited?
Current Directors
Name Designation Appointment Date Status
Jaichand Lal Daga Managing Director 08 Oct 2004 Current
Mukesh Kumar Daga Director 04 Apr 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2015 Past
Pramod Abcsdd Director 31 Dec 2015 Past

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Financial Performance of Rishi Polymach.

Rishi Polymach Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.11% increase. The company also saw a substantial fall in profitability, with a 43.52% decrease in profit. The company's net worth moved up by a moderate rise of 4.09%.

Rishi Polymach revenue growth over time
Rishi Polymach 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
********
 1.11%
*******
*******
*******
*******
Revenue from Operations
*******
 0.21%
*******
*******
*******
*******
Total Assets
*******
 29.52%
*******
*******
*******
*******
Profit or Loss
*******
 -43.52%
*******
*******
*******
*******
Net Worth
*******
 4.09%
*******
*******
*******
*******
EBITDA
*******
 85.76%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Rishi Polymach?

In 2023, Rishi Polymach had a public holding of 80.22%. 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

₹124,000,000.00

Satisfied Charges

₹3,700,000.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 7.65 Cr
  • Karnataka State Financial Corporation : 4.75 Cr
Latest Charge Details
Date Lender Amount Status
22 Jul 2024 Karnataka State Financial Corporation ₹4.75 Cr Open
25 Jan 2005 State Bank Of India ₹7.65 Cr Open
08 Dec 1997 Dena Bank ₹3.70 M Satisfied

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How Many Employees Work at Rishi Polymach?

Rishi Polymach has a workforce of 25 employees as of Apr 07, 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 Rishi Polymach, 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 Rishi Polymach'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 Rishi Polymach
Recent Activity within the Organization
  • Charges

    Progress on A charge with State Bank Of India of Rs. 7.65 Cr registered on 25 Jan 2005 with Charge ID 80002790 was modified on 28 Jan 2025. was documented.

  • Annual General Meeting

    Progress on Rishi Polymach Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Karnataka State Financial Corporation amounted to Rs. 4.75 Cr with Charge ID 100956876 was registered on 22 Jul 2024. was completed.

  • Balance Sheet

    Progress on Rishi Polymach Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Mukesh Kumar Daga was appointed as a Director was appointed as a Director on 04 Apr 2023 & has been associated with this company since 2 years 11 months . was documented.

  • Charges

    The activity A charge registered on 08 Dec 1997 via Charge ID 90191881 with Dena Bank was fully satisfied on 03 Feb 2005. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Rishi Polymach Private Limited?

The CIN of Rishi Polymach Private Limited is U85110KA1988PTC009010.

Where is Rishi Polymach Private Limited headquartered?

Rishi Polymach Private Limited is headquartered at Building No C-2, Kudremukh Colony, Sarjapur Road, 2Nd Block, Kormangala, Bangalore, Karnataka, 560034.

When was Rishi Polymach Private Limited incorporated?

Rishi Polymach Private Limited was incorporated on 05 April 1988.

Who are the current directors of Rishi Polymach Private Limited?

The current directors of Rishi Polymach Private Limited are

What is the primary industry of Rishi Polymach Private Limited?

The primary industry of Rishi Polymach Private Limited is Trade.

Is Rishi Polymach Private Limited a listed company?

Rishi Polymach Private Limited is unlisted.

What is the capital structure of Rishi Polymach Private Limited?

The authorized capital of Rishi Polymach Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.74 Cr.

What is the compliance status of Rishi Polymach Private Limited?

The compliance status of Rishi Polymach Private Limited is Compliant.

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