Innovative Synthetic Cordage Private Limited
About Innovative Synthetic Cordage Private Limited
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Innovative Synthetic Cordage Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fabricated metal products segment of the plastics and polymers sector. It was incorporated on 27 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2003PTC296410. Its GSTIN is 27AABCI1722K2ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is 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 Sharad Ramchandra Rajurkar and Sundaresh Ranganatha Rao.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.14 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Lakh (net margin 68.1%) and EBITDA of ₹3.54 Lakh (EBITDA margin 85.5%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 51% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Innovative Synthetic Cordage has one previous CIN (Corporate Identification Number): U74140PN2003PTC017727. The current CIN is U74140MH2003PTC296410, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH2003PTC296410 | Current |
| U74140PN2003PTC017727 | Previous |
Contact details
Innovative Synthetic Cordage Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.537 Chowpaty Chambers Sardar Vallabhbhai Patel Road Sukhsagar Chowpty Grant Roa, D, Mumbai, Maharashtra, India – 400007
- IndustryPlastics, Fabricated Metal Products, Plastic Products, Non-Metallic Mineral Products, Rubber Products
To see the full contact details of Innovative Synthetic Cordage Private Limited, buy the company report.
- 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
Financials of Innovative Synthetic Cordage Private Limited
FY 2025 filings availableInnovative Synthetic Cordage Private Limited reported revenue of ₹4.14 Lakh (down 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 72% fall in the latest year. EBITDA rose 6% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.54 Lakh | ||||
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| Net Profit (PAT) | ₹2.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 85.5% | ||||
| Net Profit Margin | 68.1% | ||||
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To see the full financial statements and ratios of Innovative Synthetic Cordage Private Limited, buy the company report.
Board of directors of Innovative Synthetic Cordage Private Limited
Innovative Synthetic Cordage has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Ramchandra Rajurkar | Director | 09 Jun 2017 | 9 Years 4 Months | Current |
| Sundaresh Ranganatha Rao | Director | 05 Dec 2016 | 9 Years 10 Months | Current |
| Chetan Mahendra Shah Also directs: Mehta Chokshi & Shah LLP, Jagaddala Comtrade Private Limited, Takshashila Trade Link Private Limited and 1 more | Director | 10 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Innovative Synthetic Cordage Private Limited is audited by PARALIKAR JOSHI & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARALIKAR JOSHI & ASSOCIATES LLP | FY 2017 | W100103 |
Shareholding
The shareholding of Innovative Synthetic Cordage Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Innovative Synthetic Cordage Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Synthetic Cordage 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 Innovative Synthetic Cordage Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovative Synthetic Cordage has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI1722K2ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innovative Synthetic Cordage Private Limited, buy the company report.
Recent activity
Innovative Synthetic Cordage Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Chetan Mahendra Shah ceased to be Additional Director on 26 Sep 2025.
Frequently asked questions
Innovative Synthetic Cordage is an active private limited company based in Mumbai, Maharashtra, India. The company works in fabricated metal products, within the plastics industry. It was incorporated on 27 February 2003 (23+ years old) and is registered under CIN U74140MH2003PTC296410.
Innovative Synthetic Cordage has 3 current directors:
- Sharad Ramchandra Rajurkar - Director
- Sundaresh Ranganatha Rao - Director
- Chetan Mahendra Shah - Director
The latest financial statements of Innovative Synthetic Cordage on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovative Synthetic Cordage is 27AABCI1722K2ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Innovative Synthetic Cordage is U74140MH2003PTC296410. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Synthetic Cordage was incorporated on 27 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Chetan Mahendra Shah ceased to be Additional Director on 26 Sep 2025. Chetan Mahendra Shah was appointed as Director on 10 Feb 2025. Dilipkumar Shanker Tipre ceased to be Director on 15 Jul 2019. Innovative Synthetic Cordage has 9 board changes on record in total.
The registered office of Innovative Synthetic Cordage is at Plot No.537 Chowpaty Chambers Sardar Vallabhbhai Patel Road Sukhsagar Chowpty Grant Roa, D, Mumbai, Maharashtra, India – 400007.
Innovative Synthetic Cordage operates in the plastics industry, in the fabricated metal products segment.
The compliance status of Innovative Synthetic Cordage is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.