MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0027825
Flexishine Polyblends LLP - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹11.1 Cr
▼ 16% YoY
Net profit · FY 2021
₹10.84 Lakh
Net margin 1%
EBITDA · FY 2021
₹11.23 Cr
EBITDA margin 101.1%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹11.2 Cr
Secured borrowings
LLP age
10 yrs
Est. 2016
Designated partners
3
As per MCA filings
Active GSTINs
1
GST registered
About Flexishine Polyblends LLP
Data last updated:
Flexishine Polyblends LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 12 August 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAH-1446. Its GSTIN is 24AAEFF8804H1ZJ (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Gajendra Rathi and Brajesh Gattani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at E/33 Amaltas Appartments B/H. Fun Republic Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹11.1 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹10.84 Lakh (net margin 1%) and EBITDA of ₹11.23 Cr (EBITDA margin 101.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years.
The LLP is associated with 1 brand: FlexiShine Polyblends. As per MCA filings, the LLP has open charges of ₹11.2 Cr on record. Court records list 5 cases involving the LLP, including 5 filed by the LLP; 2 cases are pending.
Flexishine Polyblends LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0027825). For more details, the LLP can be reached via its website flexishinepolyblends.com.
Company details
LLPIN AAH-1446
Incorporation Date 12 August 2016
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0027825
Key People
Gajendra Rathi Designated Partner Brajesh Gattani Designated Partner Nitin Devkishan Somani Designated Partner Recognitions & Rankings of Flexishine Polyblends
Contact details
Flexishine Polyblends LLP's registered office is in Ahmedabad, Gujarat. Its website is flexishinepolyblends.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE/33 Amaltas Appartments B/H. Fun Republic Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
To see the full contact details of Flexishine Polyblends LLP, buy the company report.
Comprehensive company report
Flexishine Polyblends LLP - 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
Brands
Flexishine Polyblends operates one associated brand: FlexiShine Polyblends. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of thermoplastic elastomers and compounds for automotive, consumer, and industrial sectors. | flexishinepolyblends.com |
Financials of Flexishine Polyblends LLP
FY 2025 filings availableFlexishine Polyblends LLP reported revenue of ₹11.1 Cr (down 16% YoY) for FY 2021.
Revenue · FY 2021
₹11.1 Cr ▼ 16%
Net profit · FY 2021
₹10.84 Lakh margin 1%
EBITDA · FY 2021
₹11.23 Cr margin 101.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 33%
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 16% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹11.1 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹10.84 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 1% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Flexishine Polyblends LLP, buy the company report.
Designated partners of Flexishine Polyblends LLP
Flexishine Polyblends has 3 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajendra Rathi | Designated Partner | 12 Jan 2018 | 8 Years 9 Months | Current |
| Brajesh Gattani | Designated Partner | 12 Aug 2016 | 10 Years 2 Months | Current |
| Nitin Devkishan Somani Also directs: Shubham Tex-O-Pack Private Limited | Designated Partner | 12 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Flexishine Polyblends LLP is audited by JAIN P C & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN P C & ASSOCIATES | FY 2021 | 126313W |
Charges & borrowings
Open charges
₹11.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2017 | 100118182 | Punjab National Bank | ₹11.2 Cr | Open |
To see the full charge records of Flexishine Polyblends LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
Flexishine Polyblends LLP has 5 court cases on record: 5 filed by Flexishine Polyblends. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
5
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 2 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (PRCPT) | Filed by the company against M/S Spark Plastomech India Pvt.Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Spark Plastomech India Private Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Flexishine Polyblends LLP, 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 Flexishine Polyblends LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flexishine Polyblends has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAEFF8804H1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Flexishine Polyblends LLP, buy the company report.
Recent activity
Flexishine Polyblends LLP has 3 designated partner changes on record since 2016: 3 appointments. The latest: Gajendra Rathi was appointed as Designated Partner on 12 Jan 2018.
Charges
A charge with Punjab National Bank of Rs. 1,119.84 Lakh registered on 31 May 2017 with Charge ID 100118182 was modified on 30 Sep 2025.
AGM
Flexishine Polyblends Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Flexishine Polyblends Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Gajendra Rathi was appointed as Designated Partner.
Charges
A charge with Punjab National Bank amounted to Rs. 1,119.84 Lakh with Charge ID 100118182 was registered on 31 May 2017.
Appointed
Brajesh Gattani was appointed as Designated Partner.
Appointed
Nitin Devkishan Somani was appointed as Designated Partner.
Incorporation
12 Aug 2016
Flexishine Polyblends Llp was registered on 12 Aug 2016 with Roc Ahmedabad & aged 10 years 2 months as per MCA records.
Frequently asked questions
Flexishine Polyblends is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in rubber-based products, within the manufacturing industry. It was incorporated on 12 August 2016 (10+ years old) and is registered under LLPIN AAH-1446.
Flexishine Polyblends has 3 current designated partners:
- Gajendra Rathi - Designated Partner
- Brajesh Gattani - Designated Partner
- Nitin Devkishan Somani - Designated Partner
The latest financial statements of Flexishine Polyblends on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Flexishine Polyblends is 24AAEFF8804H1ZJ, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Flexishine Polyblends is AAH-1446. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Flexishine Polyblends has 5 court cases on record: 5 filed by the LLP. 2 are pending.
Flexishine Polyblends was incorporated on 12 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gajendra Rathi was appointed as Designated Partner on 12 Jan 2018. Brajesh Gattani was appointed as Designated Partner on 12 Aug 2016. Nitin Devkishan Somani was appointed as Designated Partner on 12 Aug 2016.
Yes, Flexishine Polyblends is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0027825).
Flexishine Polyblends can be reached through the website flexishinepolyblends.com. Its registered office is in Ahmedabad, Gujarat, India.