MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-32-0007543
Chaitanya Ropes Private Limited - manufacturing in Solapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.13 Lakh
▲ 4% YoY
Net profit · FY 2024
₹1.57 Lakh
Net margin 73.7%
EBITDA · FY 2024
₹1.93 Lakh
EBITDA margin 90.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹66.4 Lakh
Issued & subscribed
Satisfied charges
₹3.2 Cr
No open charges
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
About Chaitanya Ropes Private Limited
Data last updated:
Chaitanya Ropes Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 26 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27202MH1996PTC098443. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹66.4 Lakh. It was formerly known as Chaitanya Ropes Limited. It is led by directors including Shyamsunder Bansilal Chandak and Madhusudan Bansilal Chandak.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at P B No 85 3870 Bhavani Pethbarshi, Solapur, Maharashtra, India – 413401.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.13 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 73.7%) and EBITDA of ₹1.93 Lakh (EBITDA margin 90.6%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
As per MCA filings, the company has satisfied charges of ₹3.2 Cr on record.
Chaitanya Ropes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-32-0007543). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marutiropes.com.
Company details
CIN U27202MH1996PTC098443
Registration Number 098443
Incorporation Date 26 March 1996
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-32-0007543
Key People
Shyamsunder Bansilal Chandak Director Madhusudan Bansilal Chandak Director Navalkishor Bansilal Chandak Director Recognitions & Rankings of Chaitanya Ropes
Contact details
Chaitanya Ropes Private Limited's registered office is in Solapur, Maharashtra. Its website is marutiropes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP B No 85 3870 Bhavani Pethbarshi, Solapur, Maharashtra, India – 413401
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Chaitanya Ropes Private Limited, buy the company report.
Comprehensive company report
Chaitanya Ropes 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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Financials of Chaitanya Ropes Private Limited
FY 2024 filings availableChaitanya Ropes Private Limited reported revenue of ₹2.13 Lakh (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹2.13 Lakh ▲ 4%
Net profit · FY 2024
₹1.57 Lakh margin 73.7%
EBITDA · FY 2024
₹1.93 Lakh margin 90.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 18%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 12%
5 years · compounded
▼ 17%
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 15% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.6% | ||||
| Net Profit Margin | 73.7% | ||||
| 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 Chaitanya Ropes Private Limited, buy the company report.
Board of directors of Chaitanya Ropes Private Limited
Chaitanya Ropes has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamsunder Bansilal Chandak | Director | 26 Mar 1996 | 30 Years 7 Months | Current |
| Madhusudan Bansilal Chandak | Director | 26 Mar 1996 | 30 Years 7 Months | Current |
| Navalkishor Bansilal Chandak | Director | 26 Mar 1996 | 30 Years 7 Months | Current |
Peer comparison
Chaitanya Ropes Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malathi Polymers Private Limited | ₹2.21 Lakh (FY 2025) | -98.0% | Dammaiguda, Telangana, India | |||
| Decap Closures Private Limited | ₹2.2 Lakh (FY 2025) | -89.0% | Mumbai, Maharashtra, India | |||
| Essel Polypack Private Limited | ₹2.16 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Golcha Plastochem Private Limited | ₹2.15 Lakh (FY 2024) | 531.0% | Jaipur, Rajasthan, India | |||
| Quality Jute Bags and Laminations Company Private Limited | ₹2.14 Lakh (FY 2019) | -91.0% | Uttar Pradesh, India | |||
| Chaitanya Ropes Private Limitedthis company | ₹2.13 Lakh (FY 2024) | ₹1.57 Lakh | 73.7% | 4.0% | Solapur, Maharashtra, India | |
| Pac Industries Private Limited | ₹2.13 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Swiftway Shipping and Logistics Private Limited | ₹2.13 Lakh (FY 2024) | -95.0% | Thane, Maharashtra, India | |||
| Abhishek Polyplast Private Limited | ₹2.11 Lakh (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Surana Plastic and Paper Private Limited | ₹2.09 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Wic-Chem Private Limited | ₹2.07 Lakh (FY 2025) | -88.0% | Uttar Pradesh, India |
To see the full peer comparison of Chaitanya Ropes Private Limited, buy the company report.
Auditor
Chaitanya Ropes Private Limited is audited by MGBM & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGBM & Associates | FY 2023 | 127877W |
Shareholding
The shareholding of Chaitanya Ropes 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 Chaitanya Ropes Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2015 | 10546627 | Icici Bank Limited | ₹40 Lakh | Satisfied | |
| 28 Aug 2012 | 10376534 | The Pandharpur Urban Co-Op. Bank Limited | ₹2 Cr | Satisfied | |
| 07 Aug 2003 | 90086488 | The Pandharpur Urban Co-Op. Bank Limited | ₹80 Lakh | Satisfied |
To see the full charge records of Chaitanya Ropes Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Chaitanya Ropes 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 Chaitanya Ropes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chaitanya Ropes Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
Chaitanya Ropes has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Chaitanya Ropes Private Limited, buy the company report.
Recent activity
Chaitanya Ropes Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Madhusudan Bansilal Chandak was appointed as Director on 26 Mar 1996.
AGM
Chaitanya Ropes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Chaitanya Ropes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 28 Aug 2012 via Charge ID 10376534 with The Pandharpur Urban Co-Op. Bank Limited was fully satisfied on 28 Feb 2017.
Charges
A charge registered on 13 Jan 2015 via Charge ID 10546627 with Icici Bank Limited was fully satisfied on 20 Jan 2017.
Charges
A charge with Icici Bank Limited amounted to Rs. 0.40 Cr with Charge ID 10546627 was registered on 13 Jan 2015.
Charges
A charge with The Pandharpur Urban Co-Op. Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10376534 was registered on 28 Aug 2012.
Charges
A charge registered on 07 Aug 2003 via Charge ID 90086488 with The Pandharpur Urban Co-Op. Bank Limited was fully satisfied on 28 Aug 2012.
Charges
A charge with The Pandharpur Urban Co-Op. Bank Limited of Rs. 0.80 Cr registered on 07 Aug 2003 with Charge ID 90086488 was modified on 08 Aug 2006.
Charges
A charge with The Pandharpur Urban Co-Op. Bank Limited amounted to Rs. 0.80 Cr with Charge ID 90086488 was registered on 07 Aug 2003.
Appointed
Madhusudan Bansilal Chandak was appointed as Director.
Appointed
Navalkishor Bansilal Chandak was appointed as Director.
Appointed
Shyamsunder Bansilal Chandak was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Chaitanya Ropes is an active private limited company based in Solapur, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 26 March 1996 (30+ years old) and is registered under CIN U27202MH1996PTC098443.
Chaitanya Ropes has 3 current directors:
- Shyamsunder Bansilal Chandak - Director
- Madhusudan Bansilal Chandak - Director
- Navalkishor Bansilal Chandak - Director
The latest financial statements of Chaitanya Ropes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Chaitanya Ropes has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Chaitanya Ropes is U27202MH1996PTC098443. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chaitanya Ropes was incorporated on 26 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Chaitanya Ropes by revenue are Malathi Polymers Private Limited, Decap Closures Private Limited, Essel Polypack Private Limited, Golcha Plastochem Private Limited, Quality Jute Bags and Laminations Company Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Madhusudan Bansilal Chandak was appointed as Director on 26 Mar 1996. Navalkishor Bansilal Chandak was appointed as Director on 26 Mar 1996. Shyamsunder Bansilal Chandak was appointed as Director on 26 Mar 1996.
Yes, Chaitanya Ropes is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-32-0007543).
Chaitanya Ropes can be reached through the website marutiropes.com. Its registered office is in Solapur, Maharashtra, India.
The registered office of Chaitanya Ropes is at P B No 85 3870 Bhavani Pethbarshi, Solapur, Maharashtra, India – 413401.
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