Polyon Textiles Private Limited - Company overview

Polyon is an active private limited company registered with ROC Ahmedabad on 6 September 2010, about 16 years ago.

2010-09-06 Ahmedabad, Gujarat Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹5–10 Cr
▼ -18.3%
FY 2023
PROFIT / LOSS
Loss · ₹1–5 Cr
▲ 57.1%
FY 2023
EBITDA
Loss · ₹1–5 Cr
▼ -13.9%
FY 2023
NET WORTH
Loss · ₹10–25 Cr
▼ -18.2%
FY 2023
TOTAL ASSETS
₹5–10 Cr
▲ 19.4%
FY 2023
EMPLOYEE COUNT
1–10
OPEN CHARGES
1
-
PAID-UP CAPITAL
2.50 cr
AUTHORISED CAPITAL
2.50 cr
COMPANY AGE
16 Years 1 Months
since 2010-09-06
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-07-25
ACTIVE GST
1
Updated: 2023-09-04 20:56:25
TOTAL MONEY RAISED
₹1–5 Cr
SATISFIED CHARGES
2
8.49 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Polyon covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
65/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (5), director (90) and company-foundation signals.
  • Operating for 16+ years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Polyon Company identity, industry, contact, and registration details from MCA and company records.

Polyon is an active private limited company registered with ROC Ahmedabad on 6 September 2010, about 16 years ago. Its registered office is at 201, Aniket, C. G. Road Navrangpura, Ahmedabad, Gujarat. It was earlier known as Polyon Chemicals Private Limited.

Its filings describe the main line of business as textile, leather and other apparel products, which made up 100% of turnover.

It has two directors: Dharmesh Harivallabhdas Rajan and Shimul Harivallabhdas Dharmesh. The longest-serving is Dharmesh Harivallabhdas Rajan, on the board since 2010; the most recent to join is Shimul Harivallabhdas Dharmesh, appointed in November 2015. Three former directors are on record; the most recent to leave was Rajan Ramkrishna Harivallabhdas in November 2024. Between them, the directors also sit on the boards of 6 other companies, including Aja Impex Private Limited and Shri Arya Investment Private Limited.

Authorised and paid-up capital are both ₹2.5 crore, so the full authorised amount has been issued. The last AGM on record was on 25 July 2025, for accounts made up to 31 March 2025. All two charges registered against it have been satisfied, so no secured loan is open.

Manufacturing ••••••••
  • Location 201, Aniket, C. G. Road Navrangpura, Ahmedabad, Gujarat - 380009
  • Website polyontextiles.com
Name History
Legal NamePolyon Textiles Private Limited
CIN / LLPINU17200GJ2010PTC062220
Company No.062220
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2010-09-06
Date of AGM2025-07-25
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Polyon (2) Current board members from MCA filings, including designation and appointment details.

D
Dharmesh Harivallabhdas Rajan
Director | Since 2010-09-06 | DIN: 00556487
S
Shimul Harivallabhdas Dharmesh
Director | Since 2015-11-23 | DIN: 07328156

Financial Performance of Polyon Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹5–10 Cr ▼ -18.3%
P&L Loss · ₹1–5 Cr ▲ 57.1%
EBITDA Loss · ₹1–5 Cr ▼ -13.9%
Net worth Loss · ₹10–25 Cr ▼ -18.2%

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Charges of Polyon Open and satisfied charges registered against the company with MCA.

Hdfc Bank Limited : 8.49 cr
Open Charges: 1 Satisfied Charges: 2
Open -
Satisfied 8.49 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 26 May 2022
 3.99 cr Closed
Hdfc Bank Limited
Creation Date: 27 Jan 2016
 4.50 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingTextile, leather and other apparel products100

Companies With Common Directors Of Polyon Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Aja Impex Private Limited 2 Shared Directors
Shri Arya Investment Private Limited 2 Shared Directors
Apara Chemtech Private Limited 1 Shared Director
Essenar Investments Private Limited 1 Shared Director
Polyex Minerals Private Limited 1 Shared Director
Shimul Jewels Llp 1 Shared Director

Financial Ratios of Polyon Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Polyon Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Polyon EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Polyon GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Polyon MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Polyon Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Polyon Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Polyon?
MCA does not publish an "owner" field. Polyon is run by its directors, Dharmesh Harivallabhdas Rajan and Shimul Harivallabhdas Dharmesh. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Polyon?
Polyon has two current directors: Dharmesh Harivallabhdas Rajan (since September 2010) and Shimul Harivallabhdas Dharmesh (since November 2015).
What is CIN of Polyon?
The CIN of Polyon is U17200GJ2010PTC062220. Reading it left to right: U means it is not listed, 17200 is the industry code it registered under, GJ is Gujarat, 2010 is the year it was registered, PTC is the company type and 062220 is its registration number.
When was Polyon incorporated?
Polyon was incorporated on 6 September 2010 with ROC Ahmedabad. That makes it about 16 years old.
What is the registered address of Polyon?
The registered office on MCA records is 201, Aniket, C. G. Road Navrangpura, Ahmedabad, Gujarat - 380009.
What is the current status of Polyon?
MCA shows Polyon as Active, and its last AGM on record was in July 2025.
What is the contact number or email for Polyon?
You can post to its registered office at 201, Aniket, C. G. Road Navrangpura, Ahmedabad, Gujarat - 380009 and use its website, https://polyontextiles.com.
What industry or business activity is Polyon associated with?
Its MCA filings list the main business as textile, leather and other apparel products (100% of turnover).
What is paid-up capital and authorised share capital of Polyon?
Both authorised and paid-up capital are ₹2.5 crore.
When did Polyon last file accounts and hold an AGM?
The last AGM on record was on 25 July 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Polyon?
No charge is open. All two charges registered against Polyon have been satisfied. Lenders named in the filings include Hdfc Bank Limited.
Have any directors left Polyon?
Yes, three former directors are on record. The most recent to leave were Rajan Ramkrishna Harivallabhdas (November 2024), Bhadrasheela Rajan Harivallabhdas (September 2019) and Hemant Ishwarlal Shah (December 2018).
Which companies share directors with Polyon?
6 companies share directors with Polyon. Among them are Aja Impex Private Limited, Shri Arya Investment Private Limited, Apara Chemtech Private Limited and 3 more.
What is the turnover or revenue of Polyon?
Based on filed financial statements, the revenue of Polyon for FY 2023 was in the ₹5–10 Cr range. That is down 18.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Polyon?
For FY 2023, the net worth of Polyon was negative, in the ₹10–25 Cr range.
How can I get the financial details of Polyon?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Polyon?
The website on record for Polyon is https://polyontextiles.com.
Which company owns polyontextiles.com?
polyontextiles.com is the website listed for Polyon Textiles Private Limited in its company records.
Polyon - is it listed or unlisted?
Polyon is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Polyon?
Polyon is registered with ROC Ahmedabad.
What is the company classification of Polyon?
MCA classifies Polyon as: Private Limited Indian Non-Government Company.
Does Polyon have GST registrations on file?
Yes, one active GST registration is linked to Polyon.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.