Apex Polymers Private Limited

Apex Polymers Private Limited - manufacturing in Shapar Veraval, Gujarat, India. FY 2026 financials & compliance.
CIN U25209GJ1991PTC015249 Incorporated 20 March 1991 ROC Ahmedabad HQ Shapar Veraval, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2025
₹3.41 Cr
▲ 1% YoY
Net profit · FY 2025
₹47.52 Lakh
Net margin 13.9%
EBITDA · FY 2025
₹67.02 Lakh
EBITDA margin 19.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹7.91 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Satisfied ₹21.5 Lakh
Company age
35 yrs
Est. 1991
Directors on board
2
As per MCA filings

About Apex Polymers Private Limited

Data last updated:

Apex Polymers Private Limited is a private limited company based in Shapar Veraval, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 20 March 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1991PTC015249. Its GSTIN is 24AABCA7991E1ZP (Gujarat).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹7.91 Lakh. It is led by directors Natwarlal Madhavjibhai Sureja and Jaysukhlal Vallabhdas Kaneria.

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 Shapar Veraval, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.41 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹47.52 Lakh (net margin 13.9%) and EBITDA of ₹67.02 Lakh (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.

As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹21.5 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apexpolymers.co.in.

Company details

CIN U25209GJ1991PTC015249
Registration Number 015249
Incorporation Date 20 March 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Apex Polymers Private Limited's registered office is in Shapar Veraval, Gujarat. Its website is apexpolymers.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Survey No. 274/1 Paiki 22 Galaxy Ind. Estate Tal. Kotda Sangani Via. Bhatinagar Dis, T. Rajkot, Shapar Veraval, Gujarat, India – 360002
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Apex Polymers Private Limited, buy the company report.

Comprehensive company report
Apex Polymers 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 Apex Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Apex Polymers Private Limited, buy the company report.

Financials of Apex Polymers Private Limited

FY 2024 filings available

Apex Polymers Private Limited reported revenue of ₹3.41 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹3.41 Cr ▲ 1%
Net profit · FY 2025
₹47.52 Lakh margin 13.9%
EBITDA · FY 2025
₹67.02 Lakh margin 19.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 2%
5 years · compounded
▲ 7%
EBITDA CAGR growth
3 years · compounded
▲ 59%
5 years · compounded
▲ 39%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 1% growth 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹67.02 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹47.52 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin19.7%
Net Profit Margin13.9%
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

To see the full financial statements and ratios of Apex Polymers Private Limited, buy the company report.

Board of directors of Apex Polymers Private Limited

Apex Polymers has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Natwarlal Madhavjibhai SurejaDirector20 Mar 199135 Years 7 MonthsCurrent
Jaysukhlal Vallabhdas KaneriaDirector01 Jan 199432 Years 9 MonthsCurrent

Peer comparison

Apex Polymers Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers), 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Park Fish-Net Pvt Ltd₹3.43 Cr (FY 2025)-1.0%Gandhinagar, Gujarat, India
Jinal Plastics Private Limited₹3.43 Cr (FY 2018)-65.0%Mumbai, Maharashtra, India
Vinayak Global Pack Private Limited₹3.42 Cr (FY 2025)4330280.0%Jaipur, Rajasthan, India
Apex Polymers Private Limitedthis company₹3.41 Cr (FY 2025)₹47.52 Lakh13.9%1.0%Shapar Veraval, Gujarat, India
Takshvi Global Bag Private Limited₹3.41 Cr (FY 2019)14.0%Chennai, Tamil Nadu, India
Proficient Kings PVC Industries Private Limited₹3.41 Cr (FY 2025)34.0%Pune, Maharashtra, India
Reliable Polypack India Private Limited₹3.4 Cr (FY 2024)-5.0%Chennai, Tamil Nadu, India
Mundhra Plasto Private Limited₹3.4 Cr (FY 2025)-4.0%Baleshwar Sadar, Odisha, India

To see the full peer comparison of Apex Polymers Private Limited, buy the company report.

Auditor

Apex Polymers Private Limited is audited by N M UNADKAT & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
N M UNADKAT & CO.FY 2022111159W

Shareholding

The shareholding of Apex Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Apex Polymers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹90 Lakh
Satisfied charges
₹21.5 Lakh
Breakdown by lending institutions
Indian Bank₹0.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jan 201510544255Indian Bank₹45 LakhOpen
03 Dec 201410535730Indian Bank₹45 LakhOpen
01 Jun 199290096305State Bank of India₹7.5 LakhSatisfied
01 Jun 199290101391State Bank of India₹14 LakhSatisfied

To see the full charge records of Apex Polymers Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Apex Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Apex Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCA7991E1ZPGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Apex Polymers Private Limited, buy the company report.

Recent activity

Apex Polymers Private Limited has 2 board changes on record since 1991: 2 appointments. The latest: Jaysukhlal Vallabhdas Kaneria was appointed as Director on 01 Jan 1994.

AGM
Apex Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Apex Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Indian Bank of Rs. 45.00 Lakh registered on 23 Jan 2015 with Charge ID 10544255 was modified on 21 Jul 2018.
Charges
A charge with Indian Bank of Rs. 45.00 Lakh registered on 03 Dec 2014 with Charge ID 10535730 was modified on 21 Jul 2018.
Charges
A charge with Indian Bank amounted to Rs. 45.00 Lakh with Charge ID 10544255 was registered on 23 Jan 2015.
Charges
A charge registered on 01 Jun 1992 via Charge ID 90101391 with State Bank Of India was fully satisfied on 20 Dec 2014.
Charges
A charge with Indian Bank amounted to Rs. 45.00 Lakh with Charge ID 10535730 was registered on 03 Dec 2014.
Charges
A charge registered on 01 Jun 1992 via Charge ID 90096305 with State Bank Of India was fully satisfied on 21 Mar 2014.
Charges
A charge with State Bank Of India of Rs. 14.00 Lakh registered on 01 Jun 1992 with Charge ID 90101391 was modified on 19 Dec 2013.
Appointed
Jaysukhlal Vallabhdas Kaneria was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 7.50 Lakh with Charge ID 90096305 was registered on 01 Jun 1992.
Charges
A charge with State Bank Of India amounted to Rs. 14.00 Lakh with Charge ID 90101391 was registered on 01 Jun 1992.

2 earlier events are in the company report.

Frequently asked questions

Apex Polymers is an active private limited company based in Shapar Veraval, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 20 March 1991 (35+ years old) and is registered under CIN U25209GJ1991PTC015249.

Apex Polymers has 2 current directors:

The latest financial statements of Apex Polymers 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 Apex Polymers is 24AABCA7991E1ZP, registered in Gujarat.

The CIN (Corporate Identification Number) of Apex Polymers is U25209GJ1991PTC015249. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Apex Polymers has 2 court cases on record: 2 filed against it.

Apex Polymers was incorporated on 20 March 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Apex Polymers by revenue are Park Fish-Net Pvt Ltd, Jinal Plastics Private Limited, Vinayak Global Pack Private Limited, Takshvi Global Bag Private Limited, Proficient Kings PVC Industries Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Jaysukhlal Vallabhdas Kaneria was appointed as Director on 01 Jan 1994. Natwarlal Madhavjibhai Sureja was appointed as Director on 20 Mar 1991.

Apex Polymers can be reached through the website apexpolymers.co.in. Its registered office is in Shapar Veraval, Gujarat, India.

The registered office of Apex Polymers is at Survey No. 2741 Paiki 22 Galaxy Ind. Estate Tal. Kotda Sangani Via. Bhatinagar Dis, T. Rajkot, Shapar Veraval, Gujarat, India – 360002.