About Iris Polymers
Iris Polymers is a company based in Pune (India) founded in 2010 by Ganesh Lavand and Arun Awatade. Iris Polymers has raised $307.45 thousand across 1 funding round from investors including SIDBI Venture Capital. The company has 34 employees. Iris Polymers offers products and services including Mulch Films and Industrial Packaging Films.
- Headquarter Pune, India
- Employees 34
- Founders Ganesh Lavand, Arun Awatade
- Email••••••••
- Phone•••• ••••
- Website irispolymers.com
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- Legal Name Iris Polymers Industries Private Limited
- Date of Incorporation 01 Mar, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹36.08 Cr
FY 2025 · -1% YoY
- Net Profit₹1.02 Cr
FY 2025 · 3% margin
- EBITDA₹1.75 Cr
FY 2025 · 5% margin
- Total Equity Funding$307.45K (USD)
in 1 rounds
- Latest Funding Round$307.45K (USD), Seed
Mar 2018
- Investors
- Employee Count34
Associated legal entities of Iris Polymers
Iris Polymers operates through Iris Polymers Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Iris Polymers Industries Private Limited CIN U29309PN2017PTC169184 | Active | 01 Mar 2017 | Pune, Maharashtra | ₹36.1 Cr | 34 | 2 | View details |
Products & Services of Iris Polymers
Iris Polymers offers a comprehensive portfolio of products and services, including Mulch Films and Industrial Packaging Films.
Mulch films are produced for enhancing crop yields and reducing labor costs in farming practices
Industrial packaging films are manufactured to meet diverse packaging needs across various sectors
Funding Insights of Iris Polymers
Iris Polymers has successfully raised a total of $307.45K through 1 strategic funding round. The most recent funding activity was a Seed round of $307.45 thousand completed in March 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $307,451
- Total Rounds 1
- Last Round Seed — $307,451
- First Round $307,451
(Mar 2018)
- Investors Count 1
All 1 funding rounds of Iris Polymers with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2018 | $307,451 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Iris Polymers
Iris Polymers has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SIDBI Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital management for SMEs and startups in India. | 1999 | sidbiventure.co.in | Mumbai, India |
Investor details for Iris Polymers
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Board of directors of Iris Polymers Industries Private Limited (Iris Polymers)
Iris Polymers Industries Private Limited is the primary company behind Iris Polymers. The board of Iris Polymers Industries Private Limited currently have 2 directors; the longest-serving is Arun Sahebrao Awatade, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Sahebrao Awatade DIN 07677041 | Whole-time director | 01 Mar 2017 | 9 yrs 7 mo | Iris Polymers Industries Private Limited |
| Dipali Arun Awatade DIN 10055875 | Director | 28 Mar 2023 | 3 yrs 6 mo | Iris Polymers Industries Private Limited |
People of Iris Polymers
2 people are tracked at Iris Polymers (2 in leadership); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
Ganesh Lavand | Co-Founder & Director | Leadership |
| Co-Founder & Director | Leadership |
Complete people profiles for Iris Polymers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Iris Polymers
Figures of Iris Polymers Industries Private Limited, the primary company behind Iris Polymers, for FY 2025. Revenue was ₹36.08 Cr (-1% year on year). Net profit was ₹1.02 Cr (3% margin). EBITDA was ₹1.75 Cr (5% margin). Revenue has grown at a compounded annual rate of +24% over three years and +21% over five years.
- ₹36.08 CrRevenue · FY 2025 · -1% YoY
- ₹1.02 CrNet profit · 3% margin
- ₹1.75 CrEBITDA · 5% margin
- ₹55.6 LakhPaid-up capital
- 34Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Iris Polymers Industries Private Limited are on its company page.
Detailed financial statements for Iris Polymers
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Iris Polymers
2 dated milestones of Iris Polymers across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Iris Polymers is founded.
- Funding First funding round of $307K.
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Frequently Asked Questions about Iris Polymers
Iris Polymers was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Iris Polymers is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Iris Polymers is a funded company, having raised a total of $307.45K across 1 funding round to date. The company's 1st funding round was a Seed of $307.45K, raised on Mar 2018.
Iris Polymers has 34 employees.
The primary company behind Iris Polymers, Iris Polymers Industries Private Limited, reported revenue of ₹36.08 Cr for FY 2025, down 1% year on year.
Iris Polymers was established in 2010 in Pune, India, within the manufacturing sector. Mulch films, silage films, and related agricultural products are produced to aid crop management. Stretch films, shrink films, garbage bags, drip irrigation systems, and PVC pipes are also fabricated for industrial applications. Operations center on film production and distribution, with emphasis placed on practical solutions across regional markets.
Iris Polymers offers Mulch Films and Industrial Packaging Films.
Iris Polymers has 1 investor. Key investors include SIDBI Venture Capital.
Iris Polymers operates through Iris Polymers Industries Private Limited.
The legal entities of Iris Polymers currently have 2 directors, including Arun Sahebrao Awatade, Dipali Arun Awatade.