About Apex Techno Polymer Private Limited
Data last updated:
Apex Techno Polymer Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Koryfes Sa. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 22 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2008PTC184898. Its GSTIN is 27AACCV8027B1ZI (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Vaani Mercantile Private Limited. It is led by directors including Pankaj Mulchand Latoria and Abbasali Khozema Jaorawala.
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 1401 14th Floor Ratan Central Building Dr. B. A. Road Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹816.64 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹9.15 Cr (net margin 1.1%) and EBITDA of ₹18.25 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 19% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Apex Techno Polymer. As per MCA filings, the company has satisfied charges of ₹54.5 Cr on record. Court records list 85 cases involving the company, including 78 filed by the company and 7 filed against it; 12 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in October 2023. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Gewinner Tradex Private Limited with revenue of ₹828.89 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apextechnopolymer.com.
Company details
Contact details
Apex Techno Polymer Private Limited's registered office is in Mumbai, Maharashtra. Its website is apextechnopolymer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1401 14th Floor Ratan Central Building Dr. B. A. Road Parel, Mumbai, Maharashtra, India – 400012
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Apex Techno 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
Apex Techno Polymer operates one associated brand: Apex Techno Polymer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Importer and distributor of plastic resins and polymers across India. | apextechnopolymer.com |
Business activity
The main business activity of Apex Techno Polymer is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Apex Techno Polymer Private Limited, buy the company report.
Financials of Apex Techno Polymer Private Limited
FY 2025 filings availableApex Techno Polymer Private Limited reported revenue of ₹816.64 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 14% growth in the latest year. EBITDA rose 58% 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 |
|---|---|---|---|---|---|
| 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 | ₹18.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.15 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Techno Polymer Private Limited, buy the company report.
Board of directors of Apex Techno Polymer Private Limited
Apex Techno Polymer has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Mulchand Latoria Also directs: Ravago Manufacturing India Private Limited, Ravago Holding India Private Limited, Ravago Shah Polymers Private Limited and 1 more | Director | 09 Mar 2024 | 2 Years 7 Months | Current |
| Abbasali Khozema Jaorawala Also directs: Good Pet Supplies LLP, Good Pet Products Private Limited | Director | 09 Mar 2024 | 2 Years 7 Months | Current |
| Greetje Maria L Van Comfort | Director | 09 Mar 2024 | 2 Years 7 Months | Current |
| Camille Isabelle V De Bruyn | Director | 09 Mar 2024 | 2 Years 7 Months | Current |
| Khozema Asgarali Jaorawala Also directs: Apex Techno Tubes LLP, Ravago Manufacturing India Private Limited, Bombay Techno-Plast Private Limited and 1 more | Director | 18 Aug 2008 | 18 Years 2 Months | Current |
Peer comparison
Apex Techno Polymer Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gewinner Tradex Private Limited | ₹828.89 Cr (FY 2021) | -54.0% | Daman, Daman and Diu, India | |||
| Arvind Motors Private Limited | ₹827.61 Cr (FY 2025) | -6.0% | Mangalore, Karnataka, India | |||
| Foresight Bullion India Private Limited | ₹825.93 Cr (FY 2025) | 47.0% | Mumbai, Maharashtra, India | |||
| DKSH India Private Limited | ₹825.1 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Ashtech (India) Private Limited | ₹824.12 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Apex Techno Polymer Private Limitedthis company | ₹816.64 Cr (FY 2025) | ₹9.15 Cr | 1.1% | 14.0% | 72 | Mumbai, Maharashtra, India |
| Manohar Capital Markets Limited | ₹815.63 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Krishna Coil Cutters Private Limited | ₹815.61 Cr (FY 2025) | -27.0% | Kheda, Gujarat, India | |||
| G.K. Autowheels Private Limited | ₹813.23 Cr (FY 2025) | 23.0% | Raipur, Chhattisgarh, India | |||
| SK Hynix Semiconductor India Private Limited | ₹813.15 Cr (FY 2025) | 46.0% | Delhi, India | |||
| Sur Feed Centre Private Limited | ₹812.68 Cr (FY 2025) | 11.0% | Northparganas, West Bengal, India |
To see the full peer comparison of Apex Techno Polymer Private Limited, buy the company report.
Auditor
Apex Techno Polymer Private Limited is audited by C N K & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & Associates LLP | FY 2023 | 101961W/W-100036 |
Shareholding
The shareholding of Apex Techno Polymer Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apex Techno Polymer Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2016 | 100075276 | Others | ₹1.5 Cr | Satisfied | |
| 10 Sep 2013 | 10452581 | Janaseva Sahakari Bank(Borivli) Ltd. | ₹5 Cr | Satisfied | |
| 27 Jan 2012 | 10335946 | Others | ₹14 Cr | Satisfied | |
| 30 Apr 2011 | 10286423 | Others | ₹24 Cr | Satisfied | |
| 30 Apr 2011 | 10286425 | Apna Sahakari Bank Ltd. | ₹10 Cr | Satisfied |
To see the full charge records of Apex Techno Polymer Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Apex Techno Polymer Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in October 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: Ravago Sa Seller: 3 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Koryfes SA, an individual Seller: Ravago Distribution Sa, an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Ravago Distribution Sa Seller: 3 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Apex Techno 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
Apex Techno Polymer Private Limited has 85 court cases on record: 78 filed by Apex Techno Polymer, 7 filed against it. 12 cases are pending and 73 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 76 | 1 | 12 |
| High courts | 9 | 6 | 0 |
Cases on record (5 of 85)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Vimal Plast India Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Gods Steelcon Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Radiforz Automation Pvt. Ltd. and 3 Ors. and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed by the company against Oceanswitches Pvt. Ltd. and Oth and 3 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Polypet Flexible Packaging Pvt. Ltd. | Pending |
To see the full case history of Apex Techno 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apex Techno Polymer Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apex Techno Polymer Private Limited has a workforce of 72 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Apex Techno Polymer has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV8027B1ZI | Maharashtra | Active | 01 Jul 2017 |
| 27AACCV8027B2ZH | Maharashtra | Active | 01 Apr 2025 |
| 06AACCV8027B1ZM | Haryana | Active | 01 Jul 2017 |
| 24AACCV8027B1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apex Techno Polymer Private Limited, buy the company report.
Recent activity
Apex Techno Polymer Private Limited has 15 board changes on record since 2008: 5 appointments and 10 cessations. The latest: Camille Isabelle V De Bruyn ceased to be Additional Director on 29 Sep 2024.
18 earlier events are in the company report.
Frequently asked questions
Apex Techno Polymer is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 22 July 2008 (18+ years old) and is registered under CIN U51109MH2008PTC184898.
Apex Techno Polymer has 5 current directors:
- Pankaj Mulchand Latoria - Director
- Abbasali Khozema Jaorawala - Director
- Greetje Maria L Van Comfort - Director
- Camille Isabelle V De Bruyn - Director
- Khozema Asgarali Jaorawala - Director
The latest financial statements of Apex Techno Polymer 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 2015 are in the company report.
The GSTIN of Apex Techno Polymer is 27AACCV8027B1ZI, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCV8027B2ZH (Maharashtra), 06AACCV8027B1ZM (Haryana), 24AACCV8027B1ZO (Gujarat).
The CIN (Corporate Identification Number) of Apex Techno Polymer is U51109MH2008PTC184898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apex Techno Polymer has 85 court cases on record: 78 filed by the company and 7 filed against it. 12 are pending. Most are in the district courts.
Apex Techno Polymer was incorporated on 22 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Apex Techno Polymer has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in October 2023.
The peers of Apex Techno Polymer by revenue are Gewinner Tradex Private Limited, Arvind Motors Private Limited, Foresight Bullion India Private Limited, DKSH India Private Limited, Ashtech (India) Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Camille Isabelle V De Bruyn ceased to be Additional Director on 29 Sep 2024. Greetje Maria L Van Comfort ceased to be Additional Director on 29 Sep 2024. Pankaj Mulchand Latoria ceased to be Additional Director on 29 Sep 2024. Apex Techno Polymer has 15 board changes on record in total.
Apex Techno Polymer can be reached through the website apextechnopolymer.com. Its registered office is in Mumbai, Maharashtra, India.