Mysore Polyset Private Limited, - Due diligence report

A 360° intelligence report on Mysore Polyset Private Limited,: trust score, financial health, credit view, compliance, directors, growth and…

1987-02-12 Bangalore, Karnataka Active Unlisted Active Compliant
Share
Connect MCP
MP Mysore Polyset Private Limited,
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Mysore Polyset Private Limited, — 360° Intelligence Report

Generated from MCA filings & public records
77/100
Trust Score
Low Risk

Mysore Polyset Private Limited, is assessed as Low Risk with a Trust Score of 77/100. Mysore Polyset Private Limited, is an active private limited indian non-government company incorporated in 1987, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 09 Oct 2026 from the latest processed filings. Mysore Polyset Private Limited, snapshot & full profile →

Financial Health › Neutral
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
77/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
25/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 4 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 25/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Working-capital cover adequate.

Charges position: 6 open (65.70 Lakh) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Dena Bank5 48.0 cr
Others1 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
HITEN SINDHAVAD BHARAT 01234567 Director 01/04/2018 6 yrs Approved
KIRITKUMAR TRIBHUVANDAS SINDHWAD 01234567 Director 01/04/2018 6 yrs Approved
MITESH BHARATKUMAR SINDHAVAD 01234567 Director 01/04/2018 6 yrs Approved
BHARAT TRIBHOVANDAS SINDHVAD 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: BHARAT TRIBHOVANDAS SINDHVAD (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +2.1x over 3 year(s).
Latest year revenue grew 24%.
Asset base grew 0.86 - capacity expansion.
Operating for 39+ years.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 61% in a year.
6 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence78/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment48/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 6 open charge(s) of 65.70 Lakh already registered.
  • Compliance record supports lending.
Investor view71/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
26 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
03 Jun 2019
Charge created
Others - 32.70 Lakh
25 May 2016
Charge created
Dena Bank - 14.00 Lakh
22 May 2010
Securities allotted
5000 Equity Shares Without Differential Rights - 5.00 Lakh raised
18 Mar 2010
Director ceased
YOGESH T. SINDHAVAD
30 Sep 2004
Director appointed
HITEN SINDHAVAD BHARAT (Director)
02 Dec 2002
Director appointed
MITESH BHARATKUMAR SINDHAVAD (Director)
30 Mar 1999
Charge created
Dena Bank - 1.00 Lakh
21 Nov 1990
Charge created
Dena Bank - 12.00 Lakh
Charge created
Dena Bank - 3.00 Lakh
24 Jan 1990
Charge created
Dena Bank - 3.00 Lakh
12 Feb 1987
Incorporated
Registered with Roc Bangalore
Director appointed
KIRITKUMAR TRIBHUVANDAS SINDHWAD (Director)
Director appointed
BHARAT TRIBHOVANDAS SINDHVAD (Managing Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 3 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Mks Websign Technologies Private Limited U72900KA2022PTC158232 Bangaluru, Karnataka
Icam Education (India) Private Limited U80302KA2006PTC038476 Bangaluru, Karnataka
Speed Plastics Healthcare (India) Private Limited U25200KA2013FTC070981 Bangaluru, Karnataka
Dreams Consumers Services India Private Limited U51900KA2010PTC052251 Bangaluru, Karnataka
A.G.Vacations Private Limited U63040KA2010PTC052145 Bangaluru, Karnataka
Artha Health Options Private Limited U66010KA2005PTC036254 Bangalore, Karnataka
Mrig Technologies Private Limited U72200KA2014PTC073778 Bangaluru, Karnataka
Source Apparel (India) Private Limited U17291KA2006PTC041150 Bangaluru, Karnataka
LUSTUS PROPERTY DEVELOPERS PRIVATE LIMITED U70101KA2016PTC087212 Bangalore, Karnataka
High Octane Worldwide News Private Limited U74999KA2017PTC107291 Bangaluru, Karnataka
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Mysore Polyset Private Limited, before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mysore Polyset Private Limited,: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 25/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Mysore Polyset Private Limited, - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 77/100, distress signals and MSME payment-delay disclosures - know whether Mysore Polyset Private Limited, pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Mysore Polyset Private Limited, - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mysore Polyset Private Limited, an active company?

Mysore Polyset Private Limited, has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Mysore Polyset Private Limited, financially healthy?

Mysore Polyset Private Limited, has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.

Should I do business with Mysore Polyset Private Limited,?

Its overall Trust Score is 77/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mysore Polyset Private Limited,?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Mysore Polyset Private Limited, have loans or charges against its assets?

6 open charge(s) are registered against its assets.

Is Mysore Polyset Private Limited, up to date with its ROC filings?

Balance sheet slightly behind (Mar 2025). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Mysore Polyset Private Limited,?

Its Credit Risk Score is 25/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.