About Devashish Polysynth Private Limited
Data last updated:
Devashish Polysynth Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 12 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2013PTC076377. Its GSTIN is 24AAECD7600E1Z5 (Gujarat).
The company has an authorised share capital of ₹17 Lakh and a paid-up capital of ₹17 Lakh. It is led by directors Shaival Vikrambhai Patel and Miloni Shaival Patel.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.55 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹33.03 Lakh (net margin 13%) and EBITDA of ₹1.75 Cr (EBITDA margin 68.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 12% over five years.
The company is associated with 1 brand: Devashish Polysynth. As per MCA filings, the company has open charges of ₹9.6 Cr and satisfied charges of ₹2.88 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devpolysynth.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address707 Metrix Survey No – 867 Fp No. 317/1 Tp – 2 Nr. Divyabhaskar Press S.G.Highway Pra, Haladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Devashish Polysynth Private Limited
The main business activity of Devashish Polysynth is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Devashish Polysynth Private Limited FY 2025 filings available
Devashish Polysynth Private Limited reported revenue of ₹2.55 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devashish Polysynth Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 4% growth in the latest year. EBITDA rose 11% 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 of Devashish Polysynth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.03 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 of Devashish Polysynth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Devashish Polysynth are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Devashish Polysynth Private Limited
Devashish Polysynth Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Chemical Retail and Distribution, Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ag Flex Technologies Private Limited | ₹2.55 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Mysore, Karnataka, India |
| Mahjit Fashion Private Limited | ₹2.55 Cr (FY 2022) | •••• | •••• | 105.0% | •••• | Panchavati, Maharashtra, India |
| Punjab Waste Plant Co Private Limited | ₹2.55 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Delhi, India |
| Superfine Impex Pvt Ltd | ₹2.55 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Kolkata, West Bengal, India |
| Chemimpex Usha Private Limited | ₹2.55 Cr (FY 2019) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Devashish Polysynth Private Limited this company | ₹2.55 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Ahmedabad, Gujarat, India |
| Budenheim India Private Limited | ₹2.55 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Pawan Fibers Private Limited | ₹2.55 Cr (FY 2025) | •••• | •••• | 520.0% | •••• | Indore, Madhya Pradesh, India |
| Legotex Clothing and Lifestyle Private Limited | ₹2.54 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Bangalore, Karnataka, India |
| Hardik Shubhechha Cotton Private Limited | ₹2.54 Cr (FY 2020) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Mahajeet Bentosil Private Limited | ₹2.54 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Devashish Polysynth by revenue in the Manufacturing industry (Chemical Retail and Distribution, Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Devashish Polysynth Private Limited
Devashish Polysynth Private Limited is audited by Ashish Sheth & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ashish Sheth & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devashish Polysynth Private Limited
Devashish Polysynth has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaival Vikrambhai Patel Also directs: Saral Tradex LLP, Devashish Financial Services Private Limited | Director | 12 Aug 2013 | 13 Years 1 Months | Current |
| Miloni Shaival Patel Also directs: Saral Tradex LLP, Devashish Financial Services Private Limited | Director | 12 Aug 2013 | 13 Years 1 Months | Current |
Ownership and Shareholding of Devashish Polysynth Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Devashish Polysynth Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2022 | Others | ₹9.6 Cr | Open |
| 31 Jul 2017 | Hdfc Bank Limited | ₹2.88 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Devashish Polysynth Private Limited
Devashish Polysynth Private Limited has 2 court cases on record: 2 filed by Devashish Polysynth. 1 case is pending and 1 is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Devashish Polysynth Private Limited
Devashish Polysynth operates one associated brand: Devashish Polysynth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polymer supply and market advisory services in Ahmedabad. | devpolysynth.com |
Employees and EPFO Compliance at Devashish Polysynth Private Limited
Employment history and EPFO contributions of people linked to Devashish Polysynth.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Devashish Polysynth Private Limited
Devashish Polysynth Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Leenaben Vikrambhai Patel ceased to be Director on 31 Jan 2017.
Credit Ratings, Litigation & Regulatory Alerts for Devashish Polysynth Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Devashish Polysynth Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Devashish Polysynth Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Devashish Polysynth Private Limited
Devashish Polysynth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECD7600E1Z5 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Devashish Polysynth Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Devashish Polysynth Private Limited
Devashish Polysynth is an active private limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 12 August 2013 (13+ years old) and is registered under CIN U17120GJ2013PTC076377.
Devashish Polysynth reported revenue of ₹2.55 Cr for FY 2025 (up 4% YoY).
Devashish Polysynth has 2 current directors:
- Shaival Vikrambhai Patel - Director
- Miloni Shaival Patel - Director
Devashish Polysynth reported a net profit of ₹33.03 Lakh (net margin 13%) and EBITDA of ₹1.75 Cr (EBITDA margin 68.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devashish Polysynth is 12% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devashish Polysynth is 24AAECD7600E1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Devashish Polysynth is U17120GJ2013PTC076377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devashish Polysynth has 2 court cases on record: 2 filed by the company. 1 is pending.
Devashish Polysynth was incorporated on 12 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Devashish Polysynth by revenue are Ag Flex Technologies Private Limited, Mahjit Fashion Private Limited, Punjab Waste Plant Co Private Limited, Superfine Impex Pvt Ltd, Chemimpex Usha Private Limited and 5 more, all in the Manufacturing industry (Chemical Retail and Distribution, Textiles).
Leenaben Vikrambhai Patel ceased to be Director on 31 Jan 2017. Miloni Shaival Patel was appointed as Director on 12 Aug 2013. Shaival Vikrambhai Patel was appointed as Director on 12 Aug 2013.