About Adex Polyblend Private Limited
Data last updated:
Adex Polyblend Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 31 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2020PTC112428. Its GSTIN is 24AATCA2519C1ZX (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Raj Jayantilal Vadodariya and Prafulkumar Hirabhai Limbasiya.
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 Revenue Survey No. 11 P 2 Plot No. 03, At Ranpur Village Near R.K.Industrial Zone – 8 Rajkot – Ahmedabad N.H. No. 8B, Gujarat, India – 360023.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.73 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹66.3 Lakh (net margin 1.9%) and EBITDA of ₹2.37 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 186% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.57 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
For more details, the company can be reached via its website adexmasterbatch.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRevenue Survey No. 11 P 2 Plot No. 03, At Ranpur Village Near R.K.Industrial Zone – 8 Rajkot – Ahmedabad N.H. No. 8B, Gujarat, India – 360023
- IndustryManufacturing, Plastic & Resins
- 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
Business Activity of Adex Polyblend Private Limited
The main business activity of Adex Polyblend is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Adex Polyblend Private Limited FY 2025 filings available
Adex Polyblend Private Limited reported revenue of ₹34.73 Cr (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Adex Polyblend Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 186% over three years, including 43% growth in the latest year. EBITDA rose 29% 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 Adex Polyblend Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹66.3 Lakh | •••• | •••• | •••• | •••• |
| 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 Adex Polyblend Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 Adex Polyblend are in the company report.
Financial statements from FY 2020
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 Adex Polyblend Private Limited
Adex Polyblend Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasavi Bala Resins Private Limited | •••• | •••• | •••• | •••• | 36 | 600 018, Tamil Nadu, India |
| Sreechem Resins Limited Listed | •••• | •••• | •••• | •••• | 24 | Rajgangpur, Orissa, India |
| Shivam Scrap Recyling Private Limited | •••• | •••• | •••• | •••• | - | Gandhidham, Gujarat, India |
| Anchal Polypack Private Limited | •••• | •••• | •••• | •••• | 118 | Kanpur, Uttar Pradesh, India |
| Bajaj Superpack India Limited | •••• | •••• | •••• | •••• | 30 | Nagpur, Maharashtra, India |
| Adex Polyblend Private Limited this company | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| 3S Global Greens Private Limited | •••• | •••• | •••• | •••• | - | Dewas, Madhya Pradesh, India |
| Bansal Polycab Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Enkay Foam Private Limited | •••• | •••• | •••• | •••• | 21 | New Delhi, Delhi, India |
| Power Plastech Private Limited | •••• | •••• | •••• | •••• | 17 | Bangalore, Karnataka, India |
| Plasso Plastic Industries Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Adex Polyblend by revenue in the Manufacturing industry (Plastics and Resins), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Adex Polyblend Private Limited
Adex Polyblend Private Limited is audited by H. H. ATKOTIYA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. H. ATKOTIYA & 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 Adex Polyblend Private Limited
Adex Polyblend has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Jayantilal Vadodariya | Director | 31 Jan 2020 | 6 Years 8 Months | Current |
| Prafulkumar Hirabhai Limbasiya | Director | 31 Jan 2020 | 6 Years 8 Months | Current |
| Kalpeshbhai Tarshibhai Limbasiya | Director | 31 Jan 2020 | 6 Years 8 Months | Current |
| Rishi Bhagvanjibhai Vadodaria Also directs: Wintek Non Woven Private Limited | Director | 31 Jan 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Adex Polyblend 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 Adex Polyblend Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jun 2024 | Sidbi | ₹4.94 Cr | Open |
| 28 Aug 2020 | Hdfc Bank Limited | ₹12.63 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Adex Polyblend Private Limited
Adex Polyblend Private Limited has 1 court case on record: 1 filed by Adex Polyblend. All case is pending. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Adex Polyblend Private Limited
Employment history and EPFO contributions of people linked to Adex Polyblend.
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 Adex Polyblend Private Limited
Adex Polyblend Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Kalpeshbhai Tarshibhai Limbasiya was appointed as Director on 31 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Adex Polyblend 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 Adex Polyblend 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 Adex Polyblend 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 Adex Polyblend Private Limited
Adex Polyblend has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AATCA2519C1ZX | Gujarat | Active | 12 Mar 2020 |
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 Adex Polyblend 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 Adex Polyblend Private Limited
Adex Polyblend is an active private limited company based in Rajkot, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 31 January 2020 (6+ years old) and is registered under CIN U25209GJ2020PTC112428.
Adex Polyblend reported revenue of ₹34.73 Cr for FY 2024 (up 43% YoY).
Adex Polyblend has 4 current directors:
- Raj Jayantilal Vadodariya - Director
- Prafulkumar Hirabhai Limbasiya - Director
- Kalpeshbhai Tarshibhai Limbasiya - Director
- Rishi Bhagvanjibhai Vadodaria - Director
Adex Polyblend reported a net profit of ₹66.3 Lakh (net margin 1.9%) and EBITDA of ₹2.37 Cr (EBITDA margin 6.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adex Polyblend is 186% over three years. In the latest year (FY 2024) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adex Polyblend is 24AATCA2519C1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Adex Polyblend is U25209GJ2020PTC112428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adex Polyblend has 1 court case on record: 1 filed by the company. 1 is pending.
Adex Polyblend was incorporated on 31 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Adex Polyblend by revenue are Vasavi Bala Resins Private Limited, Sreechem Resins Limited, Shivam Scrap Recyling Private Limited, Anchal Polypack Private Limited, Bajaj Superpack India Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Kalpeshbhai Tarshibhai Limbasiya was appointed as Director on 31 Jan 2020. Prafulkumar Hirabhai Limbasiya was appointed as Director on 31 Jan 2020. Raj Jayantilal Vadodariya was appointed as Director on 31 Jan 2020. Adex Polyblend has 4 board changes on record in total.