- Category
- Medium (2023-24)
- Udyam number
- UDYAM-DN-01-0000288

About Ami Polymer Private Limited
Data last updated:
Ami Polymer Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 10 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25190MH2003PTC139089. Its GSTIN is 27AAECA6387P1ZX (Maharashtra). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Alpesh Bhogilal Gandhi (Managing Director) and Jigisha Alpesh Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹159.92 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹33.92 Cr (net margin 21.2%) and EBITDA of ₹54.7 Cr (EBITDA margin 34.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 26% over five years.
The company has about 283 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ami Polymer. As per MCA filings, the company has open charges of ₹28 Cr and satisfied charges of ₹15.51 Cr on record. Court records list 45 cases involving the company, including 41 filed by the company and 4 filed against it; 30 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹45 Lakh; the latest was in March 2024. Its 6 peer companies in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 4 smaller; the largest is Sundaram Industries Private Limited with revenue of ₹168.03 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 133 overdue payments to 15 micro and small suppliers.
Ami Polymer Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DN-01-0000288). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website amipolymer.com.
Company details
Recognitions & Rankings of Ami Polymer
Contact details
Ami Polymer Private Limited's registered office is in Mumbai, Maharashtra. Its website is amipolymer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1404 Wing – D Panchsheel Height Opposite Pizza Hut Mahavir Nagar Dhanukarwadi Kandivali W, Est, Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Ami Polymer 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
Brands
Ami Polymer operates one associated brand: Ami Polymer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of silicone-based products for industrial and medical applications. | amipolymer.com |
Business activity
The main business activity of Ami Polymer 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 Ami Polymer Private Limited, buy the company report.
Financials of Ami Polymer Private Limited
FY 2024 filings availableAmi Polymer Private Limited reported revenue of ₹159.92 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 12% growth in the latest year. EBITDA rose 4% 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 | ₹54.7 Cr | ||||
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| Net Profit (PAT) | ₹33.92 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.2% | ||||
| Net Profit Margin | 21.2% | ||||
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To see the full financial statements and ratios of Ami Polymer Private Limited, buy the company report.
Board of directors of Ami Polymer Private Limited
Ami Polymer has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigisha Alpesh Gandhi Also directs: Amipolymer CSR Foundation | Director | 10 Feb 2003 | 23 Years 8 Months | Current |
| Alpesh Bhogilal Gandhi Also directs: Amipolymer CSR Foundation | Managing Director | 10 Feb 2003 | 23 Years 8 Months | Current |
Peer comparison
Ami Polymer Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), 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 |
|---|---|---|---|---|---|---|
| Sundaram Industries Private Limited | ₹168.03 Cr (FY 2022) | Madurai, Tamil Nadu, India | ||||
| Mysore Polymers and Rubber Products Private Limited | ₹163.14 Cr (FY 2025) | -2.0% | Mysore, Karnataka, India | |||
| Ami Polymer Private Limitedthis company | ₹159.92 Cr (FY 2025) | ₹33.92 Cr | 21.2% | 12.0% | 283 | Mumbai, Maharashtra, India |
| Prudential Rubber Pvt Ltd | ₹159.74 Cr (FY 2025) | 15.0% | Kottayam, Kerala, India | |||
| Aryan Exporters Private Limited | ₹152.91 Cr (FY 2025) | -17.0% | Lucknow, Uttar Pradesh, India | |||
| Andhra Polymers Pvt Ltd | ₹151.43 Cr (FY 2024) | 25.0% | Hyderabad, Telangana, India | |||
| Midas Rubber Pvt Ltd | ₹150.34 Cr (FY 2025) | 7.0% | Kottayam, Kerala, India |
To see the full peer comparison of Ami Polymer Private Limited, buy the company report.
Auditor
Ami Polymer Private Limited is audited by KKC & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KKC & Associates LLP | FY 2024 | 105146W/W100621 |
Shareholding
The shareholding of Ami Polymer Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ami Polymer Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2025 | 101104276 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 28 Mar 2024 | 100903052 | Others | ₹24.9 Cr | Open | |
| 28 Mar 2024 | 100903048 | Others | ₹10 Lakh | Open | |
| 07 Feb 2019 | 100237556 | Sidbi | ₹3 Cr | Satisfied | |
| 30 Jun 2018 | 100198129 | Others | ₹65.4 Lakh | Satisfied |
To see the full charge records of Ami Polymer Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Ami Polymer Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹45 Lakh; the latest was in March 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Alpesh B Gandhi HUF |
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: Arvind Madhavji Doshi HUF |
| Mar 2014 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2008 | Funding round | ₹34 Lakh | Investors: 2 individuals |
To see the full deal history of Ami Polymer Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ami Polymer Private Limited has 45 court cases on record: 41 filed by Ami Polymer, 4 filed against it. 30 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 2 | 27 |
| Supreme Court | 2 | 2 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Court case (S.C.S.) | Filed by the company against M/S. Sanvita Biotechnologies Private Limited and 10 Oth. | Pending |
| District court, Silvassa, DNH at Silvasa | Civil suit | Filed by the company against M/S. Rajasthan Antibiotics Ltd. and 07 Oth. and 7 others | Pending |
| District court, Silvassa, DNH at Silvasa | Court case (S.C.S.) | Filed by the company against M/S. Deck Mount Electronics Private Limited and 4 Oth. and 4 others | Pending |
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Cheque dishonour complaint | Filed by the company against Wilson Equipments Private Ltd. and 03 Oth. | Pending |
| District court, Silvassa, DNH at Silvasa | Court case (Sum.Civ.Suit) | Filed by the company against M/S. Alder Biochem Private Limited and 02 Oth. and 2 others | Pending |
To see the full case history of Ami Polymer Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Ami Polymer Private Limited was last rated by Crisil on 06 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Apr 2021 |
To see the full credit ratings and regulatory alerts of Ami Polymer Private Limited, buy the company report.
MSME payment delays
Ami Polymer Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 133 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Preeti Engineering Works | |||
| an individual supplier | |||
| an individual supplier | |||
| Three Gee Engineers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Ami Polymer Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ami Polymer Private Limited has a workforce of 283 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Ami Polymer has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECA6387P1ZX | Maharashtra | Active | 01 Jul 2017 |
| 27AAECA6387P3ZV | Maharashtra | Active | 04 Jun 2025 |
| 02AAECA6387P1Z9 | Himachal Pradesh | Active | 01 Jul 2017 |
| 26AAECA6387P1ZZ | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ami Polymer Private Limited, buy the company report.
Recent activity
Ami Polymer Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Alpesh Bhogilal Gandhi ceased to be Director on 04 Jul 2022.
29 earlier events are in the company report.
Frequently asked questions
Ami Polymer is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 10 February 2003 (23+ years old) and is registered under CIN U25190MH2003PTC139089.
Ami Polymer has 2 current directors:
- Alpesh Bhogilal Gandhi - Managing Director
- Jigisha Alpesh Gandhi - Director
The latest financial statements of Ami Polymer on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ami Polymer is 27AAECA6387P1ZX, registered in Maharashtra. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECA6387P3ZV (Maharashtra), 02AAECA6387P1Z9 (Himachal Pradesh), 26AAECA6387P1ZZ (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Ami Polymer is U25190MH2003PTC139089. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ami Polymer has 45 court cases on record: 41 filed by the company and 4 filed against it. 30 are pending. Most are in the district courts.
Ami Polymer was incorporated on 10 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Ami Polymer has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹45 Lakh; the latest was in March 2024.
The peers of Ami Polymer by revenue are Sundaram Industries Private Limited, Mysore Polymers and Rubber Products Private Limited, Prudential Rubber Pvt Ltd, Aryan Exporters Private Limited, Andhra Polymers Pvt Ltd and 1 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Alpesh Bhogilal Gandhi ceased to be Director on 04 Jul 2022. Alpesh Bhogilal Gandhi was appointed as Managing Director on 10 Feb 2003. Jigisha Alpesh Gandhi was appointed as Director on 10 Feb 2003.
Yes, Ami Polymer is registered as a medium enterprise under Udyam registration (number: UDYAM-DN-01-0000288).
Ami Polymer has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 133 overdue payments to 15 micro and small suppliers. The latest return was filed on 01 Nov 2019.