
About Dipson Polymers Private Limited
Data last updated:
Dipson Polymers Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 05 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2016PTC093986. Its GSTIN is 24AAFCD8782N1Z0 (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.7 Cr. It is led by directors including Umeshbhai Parsottambhai Vasoya and Dharmesh Rameshbhai Vasoya.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.92 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹53.44 Lakh (net margin 1.7%) and EBITDA of ₹3.04 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 18% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dipson. As per MCA filings, the company has open charges of ₹13.54 Cr and satisfied charges of ₹60 Lakh on record. Court records list 14 cases involving the company, including 13 filed by the company and 1 filed against it; 3 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in January 2019. Its 10 peer companies in the Manufacturing industry (Fittings, Pipes, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Reliable Pipes and Tubes Limited with revenue of ₹32.17 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 234 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dipsonpolymers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressR.S.No.978(Old Ls.No.56/2P3/P1) Plot No.1&2 Nr. Surbhi Radhe Ind.Park Ravki – Makhavad Roa, D Khambha, Rajkot, Gujarat, India – 360311
- IndustryManufacturing, Pipe & Tubes, Fittings & Components
- 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 Dipson Polymers Private Limited
The main business activity of Dipson Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Dipson Polymers Private Limited FY 2025 filings available
Dipson Polymers Private Limited reported revenue of ₹31.92 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dipson Polymers Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 5% 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 Dipson Polymers 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 | ₹3.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹53.44 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 Dipson Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Dipson Polymers are in the company report.
Financial statements from FY 2017
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 Dipson Polymers Private Limited
Dipson Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Fittings, Pipes, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reliable Pipes and Tubes Limited | ₹32.17 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Vitrum Slimline Systems Private Limited | ₹32.13 Cr (FY 2025) | •••• | •••• | 4725.0% | •••• | Kalavad, Gujarat, India |
| Wallmax India Enterprises Private Limited | ₹32.11 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Polo PVC Private Limited | ₹32.06 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Burdwan, West Bengal, India |
| S3 Aluminium Formwork System Private Limited | ₹31.95 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Palwal, Haryana, India |
| Dipson Polymers Private Limited this company | ₹31.92 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Rajkot, Gujarat, India |
| Raipur Polymers Private Limited | ₹31.91 Cr (FY 2019) | •••• | •••• | -7.0% | •••• | Raipur, Chhattisgarh, India |
| Vanguard Steel Private Limited | ₹31.85 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Village Kalwas, Haryana, India |
| Transflow Process Systems Private Limited | ₹31.73 Cr (FY 2023) | •••• | •••• | 60.0% | •••• | Vadodara, Gujarat, India |
| Shripad Polymers Private Limited | ₹31.72 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Pune, Maharashtra, India |
| Naunarayani Polymers Private Limited | ₹31.7 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Siliguri, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Dipson Polymers by revenue in the Manufacturing industry (Fittings, Pipes, Polymers), 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 Dipson Polymers Private Limited
Dipson Polymers Private Limited is audited by CHAVDA & BALONDRA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAVDA & BALONDRA | 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 Dipson Polymers Private Limited
Dipson Polymers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umeshbhai Parsottambhai Vasoya | Director | 05 Oct 2016 | 10 Years 0 Months | Current |
| Dharmesh Rameshbhai Vasoya | Director | 05 Oct 2016 | 10 Years 0 Months | Current |
| Tasvirbhai Vallabhbhai Vasoya | Director | 05 Oct 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of Dipson Polymers 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 Dipson Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2016 | Bank of India | ₹13.54 Cr | Open |
| 08 May 2020 | Others | ₹60 Lakh | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Dipson Polymers Private Limited
Dipson Polymers Private Limited has 1 deal on record (1 rights issue); the latest was in January 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Rights issue | ₹1.2 Cr | Investors: 3 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Dipson Polymers Private Limited
Dipson Polymers Private Limited has 14 court cases on record: 13 filed by Dipson Polymers, 1 filed against it. 3 cases are pending and 11 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 1 | 3 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Priyanka Sonkar W/O Anil Shivpujan Sonkar for Shivaay Traders | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed by the company against Priyanka Sonkar W/O Anil Shivpujan Sonkar for Shivaay Traders | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 14 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.
MSME Payment Delays by Dipson Polymers Private Limited
Dipson Polymers Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 234 overdue payments to 38 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Labdhi Impex | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Idol Polytech Private Limited | •••• | •••• | •••• |
| Prakash Chemicals Private Limited | •••• | •••• | •••• |
| Idol Plasto Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Dipson Polymers Private Limited
Dipson Polymers operates one associated brand: Dipson. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of PVC pipes, fittings, and related products in India. | dipsonpolymers.com |
Employees and EPFO Compliance at Dipson Polymers Private Limited
Dipson Polymers Private Limited has a workforce of 37 employees as of Apr 07, 2024.
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 Dipson Polymers Private Limited
Dipson Polymers Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Dharmesh Rameshbhai Vasoya was appointed as Director on 05 Oct 2016.
Credit Ratings, Litigation & Regulatory Alerts for Dipson Polymers 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.
Subsidiaries & Group Companies of Dipson Polymers 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 Dipson Polymers Private Limited
Dipson Polymers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCD8782N1Z0 | 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 Dipson Polymers 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 Dipson Polymers Private Limited
Dipson Polymers is an active private limited company based in Rajkot, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 05 October 2016 (10+ years old) and is registered under CIN U25209GJ2016PTC093986.
Dipson Polymers reported revenue of ₹31.92 Cr for FY 2025 (down 10% YoY).
Dipson Polymers has 3 current directors:
- Umeshbhai Parsottambhai Vasoya - Director
- Dharmesh Rameshbhai Vasoya - Director
- Tasvirbhai Vallabhbhai Vasoya - Director
Dipson Polymers reported a net profit of ₹53.44 Lakh (net margin 1.7%) and EBITDA of ₹3.04 Cr (EBITDA margin 9.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dipson Polymers is 15% over three years and 18% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dipson Polymers is 24AAFCD8782N1Z0, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Dipson Polymers is U25209GJ2016PTC093986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dipson Polymers has 14 court cases on record: 13 filed by the company and 1 filed against it. 3 are pending.
Dipson Polymers was incorporated on 05 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dipson Polymers has 1 deal on record (1 rights issue); the latest was in January 2019.
The peers of Dipson Polymers by revenue are Reliable Pipes and Tubes Limited, Vitrum Slimline Systems Private Limited, Wallmax India Enterprises Private Limited, Polo PVC Private Limited, S3 Aluminium Formwork System Private Limited and 5 more, all in the Manufacturing industry (Fittings, Pipes, Polymers).
Dharmesh Rameshbhai Vasoya was appointed as Director on 05 Oct 2016. Tasvirbhai Vallabhbhai Vasoya was appointed as Director on 05 Oct 2016. Umeshbhai Parsottambhai Vasoya was appointed as Director on 05 Oct 2016.