MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-25-0022320
2M Elastomers Private Limited - chemicals in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹16.31 Cr
▲ 73% YoY
Net profit · FY 2024
₹1.66 Cr
Net margin 10.2%
EBITDA · FY 2024
₹2.21 Cr
EBITDA margin 13.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered
About 2M Elastomers Private Limited
Data last updated:
2M Elastomers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the manufacturing segment of the chemicals sector. It was incorporated on 23 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2021PTC370110. Its GSTIN is 27AABCZ8390G1ZV (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sunilkumar Sanwalram More and Pawan Kumar Bokaria.
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 Floor 3rd Plot No 29 Rustom Bldg Veer Nariman Road Hutatma Chowk Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.31 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 10.2%) and EBITDA of ₹2.21 Cr (EBITDA margin 13.6%).
2M Elastomers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0022320). For more details, the company can be reached via its website nishigandhapolymers.com.
Company details
CIN U24290MH2021PTC370110
Registration Number 370110
Incorporation Date 23 October 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-GJ-25-0022320
Key People
Sunilkumar Sanwalram More Director Pawan Kumar Bokaria Director Rudresh Krishnachandra Jhunjhunwala Director Recognitions & Rankings of 2M Elastomers
Contact details
2M Elastomers Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressFloor 3rd Plot No 29 Rustom Bldg Veer Nariman Road Hutatma Chowk Fort, Mumbai, Maharashtra, India – 400001
- IndustryChemicals, Manufacturing, Other Chemical Product
Comprehensive company report
2M Elastomers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of 2M Elastomers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of 2M Elastomers Private Limited, buy the company report.
Financials of 2M Elastomers Private Limited
FY 2025 filings available2M Elastomers Private Limited reported revenue of ₹16.31 Cr (up 73% YoY) for FY 2024.
Revenue · FY 2024
₹16.31 Cr ▲ 73%
Net profit · FY 2024
₹1.66 Cr margin 10.2%
EBITDA · FY 2024
₹2.21 Cr margin 13.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 73%
EBITDA CAGR growth
1 year
▲ 111%
Revenue rose 73% in the latest year. EBITDA rose 111% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Total Expenses | |||
| EBITDA | ₹2.21 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.66 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 13.6% | ||
| Net Profit Margin | 10.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of 2M Elastomers Private Limited, buy the company report.
Board of directors of 2M Elastomers Private Limited
2M Elastomers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Sanwalram More Also directs: Nishigandha Elastomers LLP, Nishigandha Polymers Private Limited, Infobridge India Private Limited and 5 more | Director | 23 Oct 2021 | 5 Years 0 Months | Current |
| Pawan Kumar Bokaria Also directs: Sebok International (P) Ltd., Bokaria Enterprises Private Limited | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Rudresh Krishnachandra Jhunjhunwala Also directs: Nishigandha Elastomers LLP, Nishigandha Polymers Private Limited, More Marketing Private Limited and 2 more | Director | 21 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
2M Elastomers Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satindar Pal Rubber Products Private Limited | ₹16.86 Cr (FY 2025) | -6.0% | Valsad, Gujarat, India | |||
| Chopra Retec Rubber Products Limited | ₹16.82 Cr (FY 2025) | 28.0% | Lucknow, Uttar Pradesh, India | |||
| Jay Elastomers Private Limited | ₹16.79 Cr (FY 2024) | 87.0% | Navi Mumbai, Maharashtra, India | |||
| Perfect Polytech Private Limited | ₹16.76 Cr (FY 2022) | 11.0% | Satna, Madhya Pradesh, India | |||
| Belmont Rubber Private Limited | ₹16.44 Cr (FY 2024) | 9.0% | Faridabad, Haryana, India | |||
| 2M Elastomers Private Limitedthis company | ₹16.31 Cr (FY 2024) | ₹1.66 Cr | 10.2% | 73.0% | Mumbai, Maharashtra, India | |
| SSR Rubber & Allied Products Private Limited | ₹16.22 Cr (FY 2025) | 134.0% | Kashipur, Uttarakhand, India |
To see the full peer comparison of 2M Elastomers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving 2M Elastomers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for 2M Elastomers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
2M Elastomers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCZ8390G1ZV | Maharashtra | Active | 13 Jul 2022 |
| 24AABCZ8390G1Z1 | Gujarat | Active | 30 Nov 2021 |
To see the full GST registrations and return filing status of 2M Elastomers Private Limited, buy the company report.
Recent activity
2M Elastomers Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Rudresh Krishnachandra Jhunjhunwala was appointed as Director on 21 Jul 2025.
AGM
2M Elastomers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Rudresh Krishnachandra Jhunjhunwala was appointed as Director.
Filing
2M Elastomers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Anilkumar Sanwalram More ceased to be Director.
Appointed
Pawan Kumar Bokaria was appointed as Director.
Appointed
Anilkumar Sanwalram More was appointed as Director.
Appointed
Sunilkumar Sanwalram More was appointed as Director.
Incorporation
23 Oct 2021
2M Elastomers Private Limited was registered on 23 Oct 2021 with Roc Mumbai & aged 5 years 3 days as per MCA records.
Frequently asked questions
2M Elastomers is an active private limited company based in Mumbai, Maharashtra, India. The company works in manufacturing, within the chemicals industry. It was incorporated on 23 October 2021 (5+ years old) and is registered under CIN U24290MH2021PTC370110.
2M Elastomers has 3 current directors:
- Sunilkumar Sanwalram More - Director
- Pawan Kumar Bokaria - Director
- Rudresh Krishnachandra Jhunjhunwala - Director
The latest financial statements of 2M Elastomers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of 2M Elastomers is 27AABCZ8390G1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCZ8390G1Z1 (Gujarat).
The CIN (Corporate Identification Number) of 2M Elastomers is U24290MH2021PTC370110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
2M Elastomers was incorporated on 23 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of 2M Elastomers by revenue are Satindar Pal Rubber Products Private Limited, Chopra Retec Rubber Products Limited, Jay Elastomers Private Limited, Perfect Polytech Private Limited, Belmont Rubber Private Limited and 1 more, all in the Manufacturing industry (Rubber), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Rudresh Krishnachandra Jhunjhunwala was appointed as Director on 21 Jul 2025. Anilkumar Sanwalram More ceased to be Director on 01 Jan 2025. Pawan Kumar Bokaria was appointed as Director on 01 Nov 2021. 2M Elastomers has 5 board changes on record in total.
Yes, 2M Elastomers is registered as an MSME under Udyam registration (number: UDYAM-GJ-25-0022320).
2M Elastomers can be reached through the website nishigandhapolymers.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of 2M Elastomers is at Floor 3rd Plot No 29 Rustom Bldg Veer Nariman Road Hutatma Chowk Fort, Mumbai, Maharashtra, India – 400001.