MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-BR-23-0002211
Ashoka Polymers Private Limited - manufacturing in Muzaffarpur, Bihar, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.4 Cr
▼ 8% YoY
Net profit · FY 2025
₹38.02 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹1.87 Cr
EBITDA margin 8.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹29.42 Lakh
Issued & subscribed
Open charges
₹7.81 Cr
Satisfied ₹1.64 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
73
Provident fund records
About Ashoka Polymers Private Limited
Data last updated:
Ashoka Polymers Private Limited is a private limited company based in Muzaffarpur, Bihar, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 26 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U25209BR2006PTC012675. Its GSTIN is 10AAFCA9962R1Z4 (Bihar).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹29.42 Lakh. It is led by directors Santosh Agrawal and Vinit Agarwal.
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 Plot No. A – 41 – 43 Bela Industrial Area, Muzaffarpur, Bihar, India – 842005.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.4 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹38.02 Lakh (net margin 1.8%) and EBITDA of ₹1.87 Cr (EBITDA margin 8.7%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 7% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.81 Cr and satisfied charges of ₹1.64 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 4 cases are pending.
Ashoka Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-BR-23-0002211). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashokapolymers.com.
Company details
CIN U25209BR2006PTC012675
Registration Number 012675
Incorporation Date 26 September 2006
ROC Patna
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-BR-23-0002211
Key People
Santosh Agrawal Director Vinit Agarwal Director Recognitions & Rankings of Ashoka Polymers
Contact details
Ashoka Polymers Private Limited's registered office is in Muzaffarpur, Bihar. Its website is ashokapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. A – 41 – 43 Bela Industrial Area, Muzaffarpur, Bihar, India – 842005
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Ashoka Polymers Private Limited, buy the company report.
Comprehensive company report
Ashoka 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 Ashoka Polymers 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 Ashoka Polymers Private Limited, buy the company report.
Financials of Ashoka Polymers Private Limited
FY 2025 filings availableAshoka Polymers Private Limited reported revenue of ₹21.4 Cr (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹21.4 Cr ▼ 8%
Net profit · FY 2025
₹38.02 Lakh margin 1.8%
EBITDA · FY 2025
₹1.87 Cr margin 8.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 18%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 12%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 8% fall in the latest year. EBITDA fell 68% 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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| Total Expenses | |||||
| EBITDA | ₹1.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.02 Lakh | ||||
| Balance Sheet | |||||
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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 | 8.7% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ashoka Polymers Private Limited, buy the company report.
Board of directors of Ashoka Polymers Private Limited
Ashoka Polymers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Agrawal | Director | 15 Apr 2021 | 5 Years 6 Months | Current |
| Vinit Agarwal | Director | 26 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
Ashoka Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes, 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nadkarni Speciality Polymers and Coatings Private Limited | ₹21.47 Cr (FY 2024) | 44.0% | Mumbai, Maharashtra, India | |||
| Capital Polyplast (Guj ) Private Limited | ₹21.45 Cr (FY 2024) | -35.0% | Gondal, Gujarat, India | |||
| Ashoka Polymers Private Limitedthis company | ₹21.4 Cr (FY 2025) | ₹38.02 Lakh | 1.8% | -8.0% | 73 | Muzaffarpur, Bihar, India |
| Rays Polymers Private Limited | ₹21.39 Cr (FY 2024) | -5.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Ashoka Polymers Private Limited, buy the company report.
Auditor
Ashoka Polymers Private Limited is audited by G.P .TULSYAN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P .TULSYAN & CO. | FY 2023 | 002029C |
Shareholding
The shareholding of Ashoka Polymers 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 Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.81 Cr
Satisfied charges
₹1.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2019 | 100299191 | Hdfc Bank Limited | ₹7.81 Cr | Open | |
| 16 Dec 2015 | 100045802 | Others | ₹7 Lakh | Satisfied | |
| 14 Sep 2009 | 10185238 | Bank of Baroda | ₹1.57 Cr | Satisfied |
To see the full charge records of Ashoka Polymers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ashoka Polymers Private Limited has 5 court cases on record: 5 filed by Ashoka Polymers. 4 cases are pending and 1 is disposed.
Total cases
5
Filed by the company
5
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CWJC) | Filed by the company against The North Bihar Power Distribution Company Limited and 4 others | Pending |
| District court, Muzaffarpur, Bihar | Civil suit | Filed by the company against M/S Shiv Shakti Enterprises Through Proprietor Rakesh Ranjan | Pending |
| District court, Muzaffarpur, Bihar | Civil suit | Filed by the company against Ms Sony Enterprises Through Prop Saurav Chander | Pending |
| District court, Muzaffarpur, Bihar | Civil suit | Filed by the company against an individual | Pending |
| High Court | Court case (CWJC) | Filed by the company against The State of Bihar and 5 others | Disposed |
To see the full case history of Ashoka Polymers 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 Ashoka Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashoka Polymers Private Limited has a workforce of 73 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
73
Active EPFO establishments
1
Employee growth
-1.35%
GST
Ashoka Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAFCA9962R1Z4 | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashoka Polymers Private Limited, buy the company report.
Recent activity
Ashoka Polymers Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Vivek Agarwal ceased to be Director on 01 Feb 2023.
AGM
Ashoka Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ashoka Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Patna.
Ceased
Vivek Agarwal ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 781.00 Lakh registered on 30 Oct 2019 with Charge ID 100299191 was modified on 23 Jan 2023.
Ceased
Santosh Agrawal ceased to be Additional Director.
Appointed
Santosh Agrawal was appointed as Director.
Charges
A charge registered on 14 Sep 2009 via Charge ID 10185238 with Bank Of Baroda was fully satisfied on 14 Nov 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 781.00 Lakh with Charge ID 100299191 was registered on 30 Oct 2019.
Charges
A charge registered on 16 Dec 2015 via Charge ID 100045802 with Others was fully satisfied on 25 Aug 2017.
Charges
A charge with Others amounted to Rs. 7.00 Lakh with Charge ID 100045802 was registered on 16 Dec 2015.
Charges
A charge with Bank Of Baroda of Rs. 156.68 Lakh registered on 14 Sep 2009 with Charge ID 10185238 was modified on 23 Jun 2014.
Charges
A charge with Bank Of Baroda amounted to Rs. 156.68 Lakh with Charge ID 10185238 was registered on 14 Sep 2009.
2 earlier events are in the company report.
Frequently asked questions
Ashoka Polymers is an active private limited company based in Muzaffarpur, Bihar, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 26 September 2006 (20+ years old) and is registered under CIN U25209BR2006PTC012675.
Ashoka Polymers has 2 current directors:
- Santosh Agrawal - Director
- Vinit Agarwal - Director
The latest financial statements of Ashoka Polymers 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 Polymers is 10AAFCA9962R1Z4, registered in Bihar.
The CIN (Corporate Identification Number) of Ashoka Polymers is U25209BR2006PTC012675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashoka Polymers has 5 court cases on record: 5 filed by the company. 4 are pending. Most are in the district courts.
Ashoka Polymers was incorporated on 26 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Ashoka Polymers by revenue are Nadkarni Speciality Polymers and Coatings Private Limited, Capital Polyplast (Guj ) Private Limited, Rays Polymers Private Limited, all in the Manufacturing industry (Pipes, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Vivek Agarwal ceased to be Director on 01 Feb 2023. Santosh Agrawal ceased to be Additional Director on 29 Oct 2021. Santosh Agrawal was appointed as Director on 15 Apr 2021. Ashoka Polymers has 4 board changes on record in total.
Yes, Ashoka Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-BR-23-0002211).
Ashoka Polymers can be reached through the website ashokapolymers.com. Its registered office is in Muzaffarpur, Bihar, India.