MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0074640
Eurasia Polychem Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹5.64 Cr
▲ 102% YoY
Net profit · FY 2022
₹7.72 Lakh
Net margin 1.4%
EBITDA · FY 2022
₹28.43 Lakh
EBITDA margin 5%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.35 Lakh
Issued & subscribed
Open charges
₹4 Cr
Secured borrowings
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings
About Eurasia Polychem Private Limited
Data last updated:
Eurasia Polychem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 25 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51496MH2002PTC137968. Its GSTIN is 27AABCG8407D1ZU (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.35 Lakh. It was formerly known as Giriraj Calchem Impex Private Limited. It is led by directors including Seungwon Lee and Padmanabh Girish Shah.
Its last annual general meeting (AGM) was held on 29 March 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Rambha Dadabhai Roadvile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.64 Cr, a growth of 102% compared to the previous year. For the same year it recorded a net profit of ₹7.72 Lakh (net margin 1.4%) and EBITDA of ₹28.43 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Eurasia Polychem Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0074640). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website girirajgroup.co.in.
Company details
CIN U51496MH2002PTC137968
Registration Number 137968
Incorporation Date 25 November 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 March 2023
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0074640
Recognitions & Rankings of Eurasia Polychem
Contact details
Eurasia Polychem Private Limited's registered office is in Mumbai, Maharashtra. Its website is girirajgroup.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressRambha Dadabhai Roadvile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Eurasia Polychem Private Limited, buy the company report.
Comprehensive company report
Eurasia Polychem 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 Eurasia Polychem 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 Eurasia Polychem Private Limited, buy the company report.
Financials of Eurasia Polychem Private Limited
FY 2022 filings availableEurasia Polychem Private Limited reported revenue of ₹5.64 Cr (up 102% YoY) for FY 2022.
Revenue · FY 2022
₹5.64 Cr ▲ 102%
Net profit · FY 2022
₹7.72 Lakh margin 1.4%
EBITDA · FY 2022
₹28.43 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 102%
3 years · compounded
▼ 10%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 72%
5 years · compounded
▲ 84%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 102% growth in the latest year. EBITDA rose 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Eurasia Polychem Private Limited, buy the company report.
Board of directors of Eurasia Polychem Private Limited
Eurasia Polychem has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seungwon Lee Also directs: Ezerma Polybeauty Technology LLP | Director | 01 Oct 2018 | 8 Years 1 Months | Current |
| Padmanabh Girish Shah Also directs: Giriraj Waxes LLP, Ezerma Polybeauty Technology LLP, Giriraj Speciality Private Limited and 2 more | Director | 28 Jul 2009 | 17 Years 3 Months | Current |
| Veena Girish Shah | Director | 01 Oct 2016 | 10 Years 1 Months | Current |
Peer comparison
Eurasia Polychem Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastic 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 |
|---|---|---|---|---|---|---|
| Shivsahaj Engineering & Plastics Private Limited | ₹5.67 Cr (FY 2024) | -64.0% | Waghodia, Gujarat, India | |||
| Sunray Polywood Private Limited | ₹5.66 Cr (FY 2025) | 23.0% | Barnala, Punjab, India | |||
| Eurasia Polychem Private Limitedthis company | ₹5.64 Cr (FY 2022) | ₹7.72 Lakh | 1.4% | 102.0% | Mumbai, Maharashtra, India | |
| Nuway Plastics Private Limited | ₹5.64 Cr (FY 2024) | -21.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Eurasia Polychem Private Limited, buy the company report.
Auditor
Eurasia Polychem Private Limited is audited by KADHI AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KADHI AND ASSOCIATES | FY 2019 | 132366W |
Shareholding
The shareholding of Eurasia Polychem Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Eurasia Polychem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2017 | 100142339 | State Bank of India | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Eurasia Polychem Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed against the company by BLR Logistiks India Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S BLR Logistiks India Ltd., | Disposed |
To see the full case history of Eurasia Polychem Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Eurasia Polychem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Eurasia Polychem has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG8407D1ZU | Maharashtra | Active | 01 Jul 2017 |
| 24AABCG8407D1Z0 | Gujarat | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Eurasia Polychem Private Limited, buy the company report.
Recent activity
Eurasia Polychem Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Seungwon Lee ceased to be Additional Director on 30 Sep 2019.
AGM
Eurasia Polychem Private Limited last Annual general meeting of members was held on 29 Mar 2023 as per latest MCA records.
Filing
Eurasia Polychem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Ceased
Seungwon Lee ceased to be Additional Director.
Appointed
Seungwon Lee was appointed as Director.
Ceased
Yeonsook Lee ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 400.00 Lakh with Charge ID 100142339 was registered on 01 Dec 2017.
Ceased
Veena Girish Shah ceased to be Additional Director.
Ceased
Hartmut Stenzel ceased to be Director.
Ceased
Norbert Gramann ceased to be Director.
Appointed
Veena Girish Shah was appointed as Director.
Ceased
Girish Keshavlal Shah ceased to be Director.
Appointed
Padmanabh Girish Shah was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Eurasia Polychem is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 25 November 2002 (24+ years old) and is registered under CIN U51496MH2002PTC137968.
Eurasia Polychem has 3 current directors:
- Seungwon Lee - Director
- Padmanabh Girish Shah - Director
- Veena Girish Shah - Director
The latest financial statements of Eurasia Polychem on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 March 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Eurasia Polychem is 27AABCG8407D1ZU, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AABCG8407D1Z0 (Gujarat).
The CIN (Corporate Identification Number) of Eurasia Polychem is U51496MH2002PTC137968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eurasia Polychem has 2 court cases on record: 2 filed against it. 1 is pending.
Eurasia Polychem was incorporated on 25 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Eurasia Polychem by revenue are Shivsahaj Engineering & Plastics Private Limited, Sunray Polywood Private Limited, Nuway Plastics Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Seungwon Lee ceased to be Additional Director on 30 Sep 2019. Seungwon Lee was appointed as Director on 01 Oct 2018. Yeonsook Lee ceased to be Additional Director on 29 Sep 2018. Eurasia Polychem has 10 board changes on record in total.
Yes, Eurasia Polychem is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0074640).
Eurasia Polychem can be reached through the website girirajgroup.co.in. Its registered office is in Mumbai, Maharashtra, India.
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