MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-75-0004364
Elate Polytex Private Limited
Elate Polytex Private Limited - packaging in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹86.32 Cr
▲ 15% YoY
Net profit · FY 2025
₹1.37 Cr
Net margin 1.6%
EBITDA · FY 2025
₹4.72 Cr
EBITDA margin 5.5%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Open charges
₹28.42 Cr
Satisfied ₹19.85 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
4
Provident fund records
About Elate Polytex Private Limited
Data last updated:
Elate Polytex Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India, a subsidiary of Ganga Bag Udyog Private Limited. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 23 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U35100UP2020PTC126074. Its GSTIN is 09AAFCE8026L1ZA (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Elate Rubber Industries Private Limited. It is led by directors Nidhi Chaudhary and Suman R Chaudhary.
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 Varanasi, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.32 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 1.6%) and EBITDA of ₹4.72 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.42 Cr and satisfied charges of ₹19.85 Cr on record. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹10.25 Cr; the latest was in March 2022. Its 8 peer companies in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Shrivarad Polyfab Private Limited with revenue of ₹87.58 Cr.
Elate Polytex Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-75-0004364). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35100UP2020PTC126074
Registration Number 126074
Incorporation Date 23 January 2020
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ganga Bag Udyog Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-75-0004364
CIN history
Elate Polytex has one previous CIN (Corporate Identification Number): U25190UP2020PTC126074. The current CIN is U35100UP2020PTC126074, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35100UP2020PTC126074 | Current |
| U25190UP2020PTC126074 | Previous |
Recognitions & Rankings of Elate Polytex
Contact details
Elate Polytex Private Limited's registered office is in Varanasi, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8th Floor Block – B Vinayak Plaza, Maldahiya Crossing, Varanasi, Uttar Pradesh, India – 221002
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Elate Polytex Private Limited, buy the company report.
Comprehensive company report
Elate Polytex 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 Elate Polytex 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 Elate Polytex Private Limited, buy the company report.
Financials of Elate Polytex Private Limited
FY 2025 filings availableElate Polytex Private Limited reported revenue of ₹86.32 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹86.32 Cr ▲ 15%
Net profit · FY 2025
₹1.37 Cr margin 1.6%
EBITDA · FY 2025
₹4.72 Cr margin 5.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 16%
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 15% growth in the latest year. EBITDA fell 21% 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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| EBITDA | ₹4.72 Cr | ||||
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| Net Profit (PAT) | ₹1.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Elate Polytex Private Limited, buy the company report.
Board of directors of Elate Polytex Private Limited
Elate Polytex has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Chaudhary | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
| Suman R Chaudhary Also directs: Ganga Bag Udyog Private Limited, Csource Solutions Private Limited | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Elate Polytex Private Limited is compared with the 8 companies closest to it by revenue in the Packaging industry (Woven Products), 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 |
|---|---|---|---|---|---|---|
| Shrivarad Polyfab Private Limited | ₹87.58 Cr (FY 2024) | -8.0% | Rau, Madhya Pradesh, India | |||
| Salguti Industries Limited | ₹87.42 Cr (FY 2025) | 1.0% | Telangana, India | |||
| Rama Sacks N Bags Private Limited | ₹87.11 Cr (FY 2025) | 13.0% | Panipat, Haryana, India | |||
| Shakti Polyfab Private Limited | ₹86.72 Cr (FY 2025) | 13.0% | Ahmedabad, Gujarat, India | |||
| Elate Polytex Private Limitedthis company | ₹86.32 Cr (FY 2025) | ₹1.37 Cr | 1.6% | 15.0% | 4 | Varanasi, Uttar Pradesh, India |
| Ashoka Poly Laminators Limited | ₹84.48 Cr (FY 2025) | -6.0% | Bareilly, Uttar Pradesh, India | |||
| Sundaram Packaging India Private Limited | ₹83.5 Cr (FY 2024) | -14.0% | Indore, Madhya Pradesh, India | |||
| Spads Polyplast Products Private Limited | ₹82.07 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Lakhdatar International Private Limited | ₹80.61 Cr (FY 2024) | 32.0% | Karnal, Haryana, India |
To see the full peer comparison of Elate Polytex Private Limited, buy the company report.
Auditor
Elate Polytex Private Limited is audited by Ram K Raj & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ram K Raj & Associates | FY 2022 | 002093C |
Shareholding
The shareholding of Elate Polytex Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Elate Polytex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.42 Cr
Satisfied charges
₹19.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2025 | 101146572 | Others | ₹3.25 Cr | Open | |
| 28 Feb 2025 | 101065534 | Others | ₹23.18 Cr | Open | |
| 02 Dec 2024 | 101011580 | Sidbi | ₹1.99 Cr | Open | |
| 20 Aug 2024 | 100974337 | Others | ₹1.8 Cr | Satisfied | |
| 17 May 2021 | 100447017 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Elate Polytex Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Elate Polytex Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹10.25 Cr; the latest was in March 2022.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹10.25 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Ganga Bag Udyog Private Limited , an individual Seller: G P Metals Private Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Ganga Bag Udyog Private Limited Seller: Ras Polytex Private Limited , Sachi Agencies Private Limited , Utkarsh Vanijya Private Limited |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Aug 2020 | Funding round | ₹10.25 Cr | Investors: Sachi Agencies Private Limited , Kothari Credit (India) Limited , Ras Polytex Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Elate Polytex 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 Elate Polytex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elate Polytex Private Limited has a workforce of 4 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
33.33%
GST
Elate Polytex has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCE8026L1ZA | Uttar Pradesh | Active | 01 Sep 2020 |
| 10AAFCE8026L1ZR | Bihar | Active | 31 Mar 2024 |
To see the full GST registrations and return filing status of Elate Polytex Private Limited, buy the company report.
Recent activity
Elate Polytex Private Limited has 18 board changes on record since 2020: 10 appointments and 8 cessations. The latest: Devendra Kumar Singh ceased to be Director on 16 Dec 2024.
Charges
A charge with Others of Rs. 3.25 Cr registered on 18 Aug 2025 with Charge ID 101146572 was modified on 18 Dec 2025.
AGM
Elate Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 101146572 was registered on 18 Aug 2025.
Charges
A charge registered on 23 Apr 2021 via Charge ID 100443802 with Others was fully satisfied on 05 Jul 2025.
Filing
Elate Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Others amounted to Rs. 23.18 Cr with Charge ID 101065534 was registered on 28 Feb 2025.
Charges
A charge registered on 20 Aug 2024 via Charge ID 100974337 with Others was fully satisfied on 15 Jan 2025.
Ceased
Devendra Kumar Singh ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 1.99 Cr with Charge ID 101011580 was registered on 02 Dec 2024.
Charges
A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100974337 was registered on 20 Aug 2024.
Charges
A charge with Others of Rs. 16.05 Cr registered on 23 Apr 2021 with Charge ID 100443802 was modified on 29 Apr 2024.
Charges
A charge registered on 17 May 2021 via Charge ID 100447017 with Others was fully satisfied on 19 Apr 2024.
20 earlier events are in the company report.
Frequently asked questions
Elate Polytex is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 23 January 2020 (6+ years old) and is registered under CIN U35100UP2020PTC126074.
Elate Polytex has 2 current directors:
- Nidhi Chaudhary - Director
- Suman R Chaudhary - Director
The latest financial statements of Elate Polytex 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 FY 2020 are in the company report.
The GSTIN of Elate Polytex is 09AAFCE8026L1ZA, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 10AAFCE8026L1ZR (Bihar).
The CIN (Corporate Identification Number) of Elate Polytex is U35100UP2020PTC126074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elate Polytex was incorporated on 23 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.
Elate Polytex has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹10.25 Cr; the latest was in March 2022.
The peers of Elate Polytex by revenue are Shrivarad Polyfab Private Limited, Salguti Industries Limited, Rama Sacks N Bags Private Limited, Shakti Polyfab Private Limited, Ashoka Poly Laminators Limited and 3 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Devendra Kumar Singh ceased to be Director on 16 Dec 2024. Devendra Kumar Singh was appointed as Director on 16 Jan 2024. Kaushal Kumar ceased to be Director on 08 Jan 2024. Elate Polytex has 18 board changes on record in total.
Yes, Elate Polytex is registered as an MSME under Udyam registration (number: UDYAM-UP-75-0004364).
The registered office of Elate Polytex is at 8th Floor Block – B Vinayak Plaza, Maldahiya Crossing, Varanasi, Uttar Pradesh, India – 221002.