MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0004503
Ashirvad Polysac Private Limited
Ashirvad Polysac Private Limited - packaging in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.78 Cr
▼ 21% YoY
Net profit · FY 2024
₹20.52 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹1.49 Cr
EBITDA margin 4.3%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.03 Cr
Issued & subscribed
Open charges
₹12.85 Cr
Satisfied ₹85.07 Lakh
Company age
36 yrs
Est. 1990
Employees · EPFO
40
Provident fund records
About Ashirvad Polysac Private Limited
Data last updated:
Ashirvad Polysac Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 05 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25206KA1990PTC011439. Its GSTIN is 29AABCA7482N1Z2 (Karnataka).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.03 Cr. It is led by directors Gopalkrishna Shenoy (Managing Director) and Goutham Shenoy.
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 123 C Industrial A C Areabai Kampaddy Mangalore, Karnataka, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.78 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹20.52 Lakh (net margin 0.6%) and EBITDA of ₹1.49 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 5% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.85 Cr and satisfied charges of ₹85.07 Lakh on record.
Ashirvad Polysac Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0004503). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25206KA1990PTC011439
Registration Number 011439
Incorporation Date 05 December 1990
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-11-0004503
Recognitions & Rankings of Ashirvad Polysac
Contact details
Ashirvad Polysac Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address123 C Industrial A C Areabai Kampaddy Mangalore, Karnataka, India
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Ashirvad Polysac Private Limited, buy the company report.
Comprehensive company report
Ashirvad Polysac 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 Ashirvad Polysac 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 Ashirvad Polysac Private Limited, buy the company report.
Financials of Ashirvad Polysac Private Limited
FY 2025 filings availableAshirvad Polysac Private Limited reported revenue of ₹34.78 Cr (down 21% YoY) for FY 2024.
Revenue · FY 2024
₹34.78 Cr ▼ 21%
Net profit · FY 2024
₹20.52 Lakh margin 0.6%
EBITDA · FY 2024
₹1.49 Cr margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 7%
5 years · compounded
▲ 5%
EBITDA CAGR growth
3 years · compounded
▲ 8%
5 years · compounded
▲ 7%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹20.52 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Ashirvad Polysac Private Limited, buy the company report.
Board of directors of Ashirvad Polysac Private Limited
Ashirvad Polysac has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalkrishna Shenoy Also directs: Ashirvad Plastics Private Limited | Managing Director | 05 Dec 1990 | 35 Years 10 Months | Current |
| Goutham Shenoy Also directs: Ashirvad Plastics Private Limited | Director | 06 Jul 1998 | 28 Years 3 Months | Current |
Peer comparison
Ashirvad Polysac Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Woven 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 |
|---|---|---|---|---|---|---|
| Supreme Polyweave Private Limited | ₹35.72 Cr (FY 2025) | -38.0% | Mumbai, Maharashtra, India | |||
| Premratna Polypack Private Limited | ₹35.44 Cr (FY 2025) | 3.0% | Morbi, Gujarat, India | |||
| Anchal Polypack Private Limited | ₹35.18 Cr (FY 2025) | -19.0% | Kanpur, Uttar Pradesh, India | |||
| Ashirvad Polysac Private Limitedthis company | ₹34.78 Cr (FY 2024) | ₹20.52 Lakh | 0.6% | -21.0% | 40 | Mangalore, Karnataka, India |
| G.O. Polymers Private Limited | ₹34.36 Cr (FY 2025) | 71.0% | Sambhal Chandausi, Uttar Pradesh, India | |||
| Hissar Udyog Private Limited | ₹34.34 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Shivam Poly Plast Private Limited | ₹34.24 Cr (FY 2025) | 23.0% | Kalol, Gujarat, India |
To see the full peer comparison of Ashirvad Polysac Private Limited, buy the company report.
Auditor
Ashirvad Polysac Private Limited is audited by YADAPADITHAYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YADAPADITHAYA & CO | FY 2023 | 004794S |
Shareholding
The shareholding of Ashirvad Polysac 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashirvad Polysac Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.85 Cr
Satisfied charges
₹85.07 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2025 | 101160138 | Others | ₹20 Lakh | Open | |
| 02 May 2023 | 100720896 | Karnataka State Financial Corporation | ₹30 Lakh | Open | |
| 02 Feb 2021 | 100426351 | Karnataka State Financial Corporation | ₹84 Lakh | Open | |
| 14 Aug 2019 | 100284941 | Karnataka State Financial Corporation | ₹10 Lakh | Open | |
| 05 Mar 2019 | 100247320 | Karnataka State Financial Corporation | ₹1.2 Cr | Open |
To see the full charge records of Ashirvad Polysac Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
No court or tribunal cases involving Ashirvad Polysac 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 Ashirvad Polysac Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashirvad Polysac Private Limited has a workforce of 40 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
2.56%
GST
Ashirvad Polysac has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA7482N1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashirvad Polysac Private Limited, buy the company report.
Recent activity
Ashirvad Polysac Private Limited has 2 board changes on record since 1990: 2 appointments. The latest: Goutham Shenoy was appointed as Director on 06 Jul 1998.
AGM
Ashirvad Polysac Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101160138 was registered on 06 Aug 2025.
Filing
Ashirvad Polysac Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 0.30 Cr with Charge ID 100720896 was registered on 02 May 2023.
Charges
A charge with Canara Bank of Rs. 10.13 Cr registered on 13 Feb 2007 with Charge ID 10153347 was modified on 17 Oct 2022.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 0.84 Cr with Charge ID 100426351 was registered on 02 Feb 2021.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 0.10 Cr with Charge ID 100284941 was registered on 14 Aug 2019.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 1.20 Cr with Charge ID 100247320 was registered on 05 Mar 2019.
Charges
A charge with Canara Bank amounted to Rs. 0.08 Cr with Charge ID 10503080 was registered on 27 May 2014.
Charges
A charge registered on 19 Jun 1992 via Charge ID 80062492 with Ksfc was fully satisfied on 23 Dec 2011.
Charges
A charge registered on 27 Mar 1991 via Charge ID 80062493 with Ksfc was fully satisfied on 18 Apr 2011.
Charges
A charge registered on 11 Mar 1996 via Charge ID 80062490 with State Bank Of India was fully satisfied on 13 Apr 2011.
9 earlier events are in the company report.
Frequently asked questions
Ashirvad Polysac is an active private limited company based in Mangalore, Karnataka, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 05 December 1990 (36+ years old) and is registered under CIN U25206KA1990PTC011439.
Ashirvad Polysac has 2 current directors:
- Gopalkrishna Shenoy - Managing Director
- Goutham Shenoy - Director
The latest financial statements of Ashirvad Polysac 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 Ashirvad Polysac is 29AABCA7482N1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Ashirvad Polysac is U25206KA1990PTC011439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashirvad Polysac was incorporated on 05 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ashirvad Polysac by revenue are Supreme Polyweave Private Limited, Premratna Polypack Private Limited, Anchal Polypack Private Limited, G.O. Polymers Private Limited, Hissar Udyog Private Limited and 1 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Goutham Shenoy was appointed as Director on 06 Jul 1998. Gopalkrishna Shenoy was appointed as Managing Director on 05 Dec 1990.
Yes, Ashirvad Polysac is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0004503).
The registered office of Ashirvad Polysac is at 123 C Industrial A C Areabai Kampaddy Mangalore, Karnataka, India.
Ashirvad Polysac operates in the packaging industry, in the woven packaging products segment.
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