Upaj Polycon Private Limited
About Upaj Polycon Private Limited
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Upaj Polycon Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 03 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24134MH1999PTC121117.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Tejas Uppal Parekh and Janak Ghanshyamlal Parekh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7 J K Industrial Esatateopp Mahakali Caves Rd Andheri(E), Mumbai, Maharashtra, India – 400093.
As per MCA filings, the company has open charges of ₹74.49 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address7 J K Industrial Esatateopp Mahakali Caves Rd Andheri(E), Mumbai, Maharashtra, India – 400093
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Financials of Upaj Polycon Private Limited FY 2025 filings available
Upaj Polycon Private Limited reported revenue of ₹91 (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Upaj Polycon Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 98% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Upaj Polycon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Upaj Polycon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Upaj Polycon are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Upaj Polycon Private Limited
Upaj Polycon Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jamkas Pharmaceuticals Private Limited | ₹155 (FY 2023) | •••• | •••• | •••• | Panchkula, Haryana, India | |
| Chiron Lifescience Private Limited | ₹150 (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Medinex Pharmacy Private Limited | ₹106 (FY 2020) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Swiss Sterile Private Limited | ₹100 (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| M C Rajai Colour Chem Private Limited | ₹100 (FY 2024) | •••• | •••• | -100.0% | •••• | Bhavnagar, Gujarat, India |
| Upaj Polycon Private Limited this company | ₹91 (FY 2025) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Shreyash Healthcare India Private Limited | ₹80 (FY 2025) | •••• | •••• | -100.0% | •••• | Agra, Uttar Pradesh, India |
| Lakemedel Pharmaceuticals Private Limited | ₹72 (FY 2025) | •••• | •••• | -100.0% | •••• | Ahmedabad, Gujarat, India |
| Reynish Pharmachem Private Limited | ₹66 (FY 2025) | •••• | •••• | -99.0% | •••• | Vadodara, Gujarat, India |
| Biolife Healthcare ( India ) Private Limited | ₹52 (FY 2016) | •••• | •••• | -100.0% | •••• | Mumbai, Maharashtra, India |
| Ankerite Pharmaceuticals Private Limited | ₹52 (FY 2025) | •••• | •••• | -100.0% | •••• | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Upaj Polycon by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Upaj Polycon Private Limited
Upaj Polycon Private Limited is audited by RAHUL KHANDHERIA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAHUL KHANDHERIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Upaj Polycon Private Limited
Upaj Polycon has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Uppal Parekh | Director | 30 Jun 2012 | 14 Years 3 Months | Current |
| Janak Ghanshyamlal Parekh | Director | 03 Aug 1999 | 27 Years 2 Months | Current |
Ownership and Shareholding of Upaj Polycon Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Upaj Polycon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Mar 2020 | Others | ₹50 Lakh | Open |
| 07 Mar 2020 | Others | ₹24.49 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Upaj Polycon Private Limited
Employment history and EPFO contributions of people linked to Upaj Polycon.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Upaj Polycon Private Limited
Upaj Polycon Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Ghanshyam Hiralal Parekh ceased to be Director on 21 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Upaj Polycon Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Upaj Polycon Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Upaj Polycon Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Upaj Polycon Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Upaj Polycon Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Upaj Polycon Private Limited
Upaj Polycon is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 03 August 1999 (27+ years old) and is registered under CIN U24134MH1999PTC121117.
Upaj Polycon has 2 current directors:
- Tejas Uppal Parekh - Director
- Janak Ghanshyamlal Parekh - Director
The CIN (Corporate Identification Number) of Upaj Polycon is U24134MH1999PTC121117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upaj Polycon was incorporated on 03 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Upaj Polycon by revenue are Jamkas Pharmaceuticals Private Limited, Chiron Lifescience Private Limited, Medinex Pharmacy Private Limited, Swiss Sterile Private Limited, M C Rajai Colour Chem Private Limited and 5 more, all in the Pharma industry (Formulations).
Ghanshyam Hiralal Parekh ceased to be Director on 21 Apr 2022. Tejas Uppal Parekh was appointed as Director on 30 Jun 2012. Uppal Ghanshyamlal Parekh ceased to be Director on 30 Aug 2009. Upaj Polycon has 4 board changes on record in total.
The registered office of Upaj Polycon is at 7 J K Industrial Esatateopp Mahakali Caves Rd AndheriE, Mumbai, Maharashtra, India – 400093.
Upaj Polycon has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh.
Upaj Polycon operates in the pharma industry, in the drug formulation and development segment.
No. Upaj Polycon is not listed on any stock exchange. It is an unlisted company.
Upaj Polycon has open charges of ₹74.49 Lakh and no satisfied charges on record as per latest MCA filings.