Ashoka Polyart Private Limited
About Ashoka Polyart Private Limited
Data last updated:
Ashoka Polyart Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 24 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25201RJ1996PTC012648. Its GSTIN is 08AABCA3791J1ZI (Rajasthan). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91.25 Lakh. It is led by directors including Nikhil Jain and Chandra Shekhar Jain.
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 31 Bapu Bazar, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.94 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net loss of ₹44.37 Lakh (net margin -2.3%) and EBITDA of ₹4.86 Cr (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 188% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.95 Cr and satisfied charges of ₹52 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashoka Polyart Private Limited's registered office is in Udaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address31 Bapu Bazar, Udaipur, Rajasthan, India – 313001
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Ashoka Polyart 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
Business activity
The main business activity of Ashoka Polyart is mining and quarrying. In detail, this covers other mining & quarrying activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities |
To see the full business activity and turnover split of Ashoka Polyart Private Limited, buy the company report.
Financials of Ashoka Polyart Private Limited
FY 2025 filings availableAshoka Polyart Private Limited reported revenue of ₹18.94 Cr (up 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 188% over five years, including 26% growth in the latest year. EBITDA fell 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.86 Cr | ||||
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| Net Profit (PAT) | -₹44.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 25.6% | ||||
| Net Profit Margin | -2.3% | ||||
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To see the full financial statements and ratios of Ashoka Polyart Private Limited, buy the company report.
Board of directors of Ashoka Polyart Private Limited
Ashoka Polyart has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Devi Jain Also directs: Ankur Minmine Products Private Limited | Additional Director | 12 Jun 2025 | 1 Years 4 Months | Current |
| Nikhil Jain Also directs: Aravali Polyart Private Limited | Director | 08 May 2001 | 25 Years 5 Months | Current |
| Chandra Shekhar Jain Also directs: Platinium Mines and Minerals Private Limited, Ankur Minchem Private Limited, Ankur Minmine Products Private Limited and 1 more | Director | 08 May 2001 | 25 Years 5 Months | Current |
| Praveen Kumar Jain | Additional Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Motilal Jain | Director | 24 Sep 1996 | 30 Years 1 Months | Current |
Auditor
Ashoka Polyart Private Limited is audited by VALAWAT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VALAWAT & ASSOCIATES | FY 2023 | 003623C |
Shareholding
The shareholding of Ashoka Polyart 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 Ashoka Polyart Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2025 | 101183745 | Others | ₹4 Cr | Open | |
| 25 Jan 2024 | 100867566 | Others | ₹1.3 Cr | Open | |
| 14 Mar 2023 | 100691415 | Others | ₹4.95 Cr | Open | |
| 29 Aug 2019 | 100286697 | Others | ₹3.2 Cr | Open | |
| 12 Oct 2018 | 100213460 | Others | ₹5.25 Cr | Open |
To see the full charge records of Ashoka Polyart Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Ashoka Polyart 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 Ashoka Polyart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashoka Polyart Private Limited has a workforce of 13 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Ashoka Polyart has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCA3791J1ZI | Rajasthan | Active | 01 Jul 2017 |
| 08AABCA3791J2ZH | Rajasthan | Active | 30 Aug 2017 |
To see the full GST registrations and return filing status of Ashoka Polyart Private Limited, buy the company report.
Recent activity
Ashoka Polyart Private Limited has 6 board changes on record since 1996: 5 appointments and 1 cessation. The latest: Manju Devi Jain was appointed as Additional Director on 12 Jun 2025.
9 earlier events are in the company report.
Frequently asked questions
Ashoka Polyart is an active private limited company based in Udaipur, Rajasthan, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 24 September 1996 (30+ years old) and is registered under CIN U25201RJ1996PTC012648.
Ashoka Polyart has 5 current directors:
- Manju Devi Jain - Additional Director
- Nikhil Jain - Director
- Chandra Shekhar Jain - Director
- Praveen Kumar Jain - Additional Director
- Motilal Jain - Director
The latest financial statements of Ashoka Polyart 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 Ashoka Polyart is 08AABCA3791J1ZI, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AABCA3791J2ZH (Rajasthan).
The CIN (Corporate Identification Number) of Ashoka Polyart is U25201RJ1996PTC012648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Polyart was incorporated on 24 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Jaipur.
Manju Devi Jain was appointed as Additional Director on 12 Jun 2025. Ashok Kumar Jain ceased to be Director on 11 Jun 2025. Praveen Kumar Jain was appointed as Additional Director on 01 Apr 2025. Ashoka Polyart has 6 board changes on record in total.
The registered office of Ashoka Polyart is at 31 Bapu Bazar, Udaipur, Rajasthan, India – 313001.
Ashoka Polyart operates in the metals and minerals industry, in the other metals and minerals segment.
Ashoka Polyart has open charges of ₹21.95 Cr and satisfied charges of ₹52 Lakh as per latest MCA filings.
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