MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0037502
Elitee Speciality Polymers Private Limited
Elitee Speciality Polymers Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.67 Cr
▲ 9251% YoY
Net profit · FY 2025
₹26.47 Lakh
Net margin 2.1%
EBITDA · FY 2025
₹1.34 Cr
EBITDA margin 10.6%
Authorised capital
₹1.26 Cr
Registered with MCA
Paid-up capital
₹1.26 Cr
Issued & subscribed
Open charges
₹8.87 Cr
Satisfied ₹3.5 Cr
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Elitee Speciality Polymers Private Limited
Data last updated:
Elitee Speciality Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 29 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2020PTC117804. Its GSTIN is 24AAHCN2525R1Z3 (Gujarat).
The company has an authorised share capital of ₹1.26 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors including Payal Shivang Raval and Shivang Raju Raval.
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 B/27 Saumiya Members Asso Nr C P Chamber St Xaviers School Rd Navrangpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.47 Lakh (net margin 2.1%) and EBITDA of ₹1.34 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
As per MCA filings, the company has open charges of ₹8.87 Cr and satisfied charges of ₹3.5 Cr on record.
Elitee Speciality Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0037502). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25209GJ2020PTC117804
Registration Number 117804
Incorporation Date 29 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0037502
Recognitions & Rankings of Elitee Speciality Polymers
Contact details
Elitee Speciality Polymers Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB/27 Saumiya Members Asso Nr C P Chamber St Xaviers School Rd Navrangpura, Ahmedabad, Gujarat, India – 380013
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Elitee Speciality Polymers Private Limited, buy the company report.
Comprehensive company report
Elitee Speciality Polymers 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Elitee Speciality Polymers 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 Elitee Speciality Polymers Private Limited, buy the company report.
Financials of Elitee Speciality Polymers Private Limited
FY 2025 filings availableElitee Speciality Polymers Private Limited reported revenue of ₹12.67 Cr (up 9251% YoY) for FY 2025.
Revenue · FY 2025
₹12.67 Cr ▲ 9251%
Net profit · FY 2025
₹26.47 Lakh margin 2.1%
EBITDA · FY 2025
₹1.34 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 35%
EBITDA CAGR growth
3 years · compounded
▲ 76%
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years. 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 |
|---|---|---|---|---|---|
| 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 | ₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.47 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Elitee Speciality Polymers Private Limited, buy the company report.
Board of directors of Elitee Speciality Polymers Private Limited
Elitee Speciality Polymers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Shivang Raval Also directs: I A. Hotels Limited, Nirmaan Microchem LLP | Director | 29 Oct 2020 | 5 Years 11 Months | Current |
| Shivang Raju Raval Also directs: I A. Hotels Limited | Director | 06 Feb 2025 | 1 Years 8 Months | Current |
| Jay Upendrabhai Dave Also directs: Nirmaan Microchem LLP | Director | 08 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Elitee Speciality Polymers Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based 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 |
|---|---|---|---|---|---|---|
| Simran Products Private Limited | ₹12.7 Cr (FY 2025) | 21.0% | New Delhi, Delhi, India | |||
| Saga Elastomer Private Limited | ₹12.68 Cr (FY 2024) | -4.0% | Thane, Maharashtra, India | |||
| Aptus Polystar Private Limited | ₹12.68 Cr (FY 2024) | 8.0% | Kolkata, West Bengal, India | |||
| SSR Dies and Moulds Private Limited | ₹12.67 Cr (FY 2024) | -18.0% | New Delhi, Delhi, India | |||
| Elitee Speciality Polymers Private Limitedthis company | ₹12.67 Cr (FY 2025) | ₹26.47 Lakh | 2.1% | 9251.0% | Ahmedabad, Gujarat, India | |
| Varsha Mouldings Private Limited | ₹12.67 Cr (FY 2025) | 11.0% | Ahmednagar, Maharashtra, India | |||
| Chipco Bonding Systems (India) Private Limited | ₹12.67 Cr (FY 2024) | -6.0% | Ahmedabad, Gujarat, India | |||
| Mayfair Plastics Private Limited | ₹12.65 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Sankar Elastomers Private Limited | ₹12.63 Cr (FY 2025) | -43.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Elitee Speciality Polymers Private Limited, buy the company report.
Auditor
Elitee Speciality Polymers Private Limited is audited by BIHARI SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIHARI SHAH & CO. | FY 2023 | 119020W |
Shareholding
The shareholding of Elitee Speciality Polymers Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Elitee Speciality Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.87 Cr
Satisfied charges
₹3.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2025 | 101153788 | Others | ₹4.7 Cr | Open | |
| 19 Jul 2023 | 100825802 | Others | ₹2 Cr | Open | |
| 14 Jul 2023 | 100816679 | Others | ₹2 Cr | Open | |
| 31 Jan 2023 | 100674228 | Others | ₹17 Lakh | Open | |
| 08 Jul 2022 | 100601986 | Hdfc Bank Limited | ₹3.5 Cr | Satisfied |
To see the full charge records of Elitee Speciality Polymers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Elitee Speciality Polymers 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 Elitee Speciality Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elitee Speciality Polymers Private Limited has 1 active EPFO establishment as of Mar 25, 2024.
Active EPFO establishments
1
GST
Elitee Speciality Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCN2525R1Z3 | Gujarat | Active | 28 Jan 2021 |
To see the full GST registrations and return filing status of Elitee Speciality Polymers Private Limited, buy the company report.
Recent activity
Elitee Speciality Polymers Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Shivang Raju Raval was appointed as Director on 06 Feb 2025.
Charges
A charge with Others of Rs. 4.70 Cr registered on 21 Jul 2025 with Charge ID 101153788 was modified on 11 Nov 2025.
Charges
A charge registered on 08 Jul 2022 via Charge ID 100601986 with Hdfc Bank Limited was fully satisfied on 16 Oct 2025.
AGM
Elitee Speciality Polymers 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. 4.70 Cr with Charge ID 101153788 was registered on 21 Jul 2025.
Filing
Elitee Speciality Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Shivang Raju Raval was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100825802 was registered on 19 Jul 2023.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100816679 was registered on 14 Jul 2023.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100674228 was registered on 31 Jan 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 3.50 Cr registered on 08 Jul 2022 with Charge ID 100601986 was modified on 01 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100601986 was registered on 08 Jul 2022.
Appointed
Jay Upendrabhai Dave was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Elitee Speciality Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 29 October 2020 (6+ years old) and is registered under CIN U25209GJ2020PTC117804.
Elitee Speciality Polymers has 3 current directors:
- Payal Shivang Raval - Director
- Shivang Raju Raval - Director
- Jay Upendrabhai Dave - Director
The latest financial statements of Elitee Speciality Polymers 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 2021 are in the company report.
The GSTIN of Elitee Speciality Polymers is 24AAHCN2525R1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Elitee Speciality Polymers is U25209GJ2020PTC117804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elitee Speciality Polymers was incorporated on 29 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Elitee Speciality Polymers by revenue are Simran Products Private Limited, Saga Elastomer Private Limited, Aptus Polystar Private Limited, SSR Dies and Moulds Private Limited, Varsha Mouldings Private Limited and 3 more, all in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Shivang Raju Raval was appointed as Director on 06 Feb 2025. Jay Upendrabhai Dave was appointed as Director on 08 Feb 2021. Shivang Raju Raval ceased to be Director on 12 Jan 2021. Elitee Speciality Polymers has 4 board changes on record in total.
Yes, Elitee Speciality Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0037502).
The registered office of Elitee Speciality Polymers is at B27 Saumiya Members Asso Nr C P Chamber St Xaviers School Rd Navrangpura, Ahmedabad, Gujarat, India – 380013.
Elitee Speciality Polymers operates in the manufacturing industry, in the plastic and resins segment.