Flexverse Polymers Private Limited
About Flexverse Polymers Private Limited
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Flexverse Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 27 May 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2022PTC383667. Its GSTIN is 24AAFCF0758A1Z5 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sushil Kumar Mahnot (Managing Director) and Anju Sushil Mahnot.
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 201 2 Floor Inizio Cardinal Gracious Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.2 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹2.19 Cr (net margin 42%) and EBITDA of ₹2.73 Cr (EBITDA margin 52.5%).
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- Registered Address201 2 Floor Inizio Cardinal Gracious Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryManufacturing, Plastic-Based Products, Rubber-Based Products
- 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 Flexverse Polymers Private Limited
The main business activity of Flexverse 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 Flexverse Polymers Private Limited FY 2025 filings available
Flexverse Polymers Private Limited reported revenue of ₹5.2 Cr (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Flexverse Polymers Private Limited
Revenue rose 66% in the latest year. EBITDA rose 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Flexverse Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹2.73 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.19 Cr | •••• | •••• |
| 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 Flexverse Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 52.5% | •••• | •••• |
| Net Profit Margin | 42% | •••• | •••• |
| 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 Flexverse Polymers are in the company report.
Financial statements from FY 2023
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 Flexverse Polymers Private Limited
Flexverse Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Securepack Polymers Private Limited | •••• | •••• | •••• | •••• | - | Gondal, Gujarat, India |
| Atharva Elastomers India Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Tathagat Exim Private Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Flexi Lam Private Limited | •••• | •••• | •••• | •••• | - | Indore, Madhya Pradesh, India |
| Shri Ram Plastofab Private Limited | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Flexverse Polymers Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Anurag Plastocrafts Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Shypram Rubber Profiles Private Limited | •••• | •••• | •••• | •••• | - | Santej, Gujarat, India |
| Chugh G Polymers Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Optimist Industries Private Limited | •••• | •••• | •••• | •••• | - | Pardi, Gujarat, India |
| Dan Pal (India) Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Flexverse Polymers by revenue in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Flexverse Polymers Private Limited
Flexverse Polymers Private Limited is audited by BAFNA & JAIN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAFNA & JAIN | 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 Flexverse Polymers Private Limited
Flexverse Polymers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Mahnot | Managing Director | 27 May 2022 | 4 Years 4 Months | Current |
| Anju Sushil Mahnot | Director | 27 May 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Flexverse 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 Flexverse Polymers Private Limited
Flexverse Polymers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Flexverse Polymers Private Limited
Flexverse Polymers Private Limited has a workforce of 0 employees as of Apr 06, 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 Flexverse Polymers Private Limited
Flexverse Polymers Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Anju Sushil Mahnot was appointed as Director on 27 May 2022.
Credit Ratings, Litigation & Regulatory Alerts for Flexverse 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.
MSME Payment Delays by Flexverse Polymers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Flexverse 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 Flexverse Polymers Private Limited
Flexverse Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCF0758A1Z5 | Gujarat | Active | 07 Dec 2022 |
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 Flexverse 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 Flexverse Polymers Private Limited
Flexverse Polymers 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 27 May 2022 (4+ years old) and is registered under CIN U25200MH2022PTC383667.
Flexverse Polymers reported revenue of ₹5.2 Cr for FY 2025 (up 66% YoY).
Flexverse Polymers has 2 current directors:
- Sushil Kumar Mahnot - Managing Director
- Anju Sushil Mahnot - Director
Flexverse Polymers reported a net profit of ₹2.19 Cr (net margin 42%) and EBITDA of ₹2.73 Cr (EBITDA margin 52.5%) for FY 2025, as per its filed financial statements.
The GSTIN of Flexverse Polymers is 24AAFCF0758A1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Flexverse Polymers is U25200MH2022PTC383667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flexverse Polymers was incorporated on 27 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Flexverse Polymers by revenue are Securepack Polymers Private Limited, Atharva Elastomers India Private Limited, Tathagat Exim Private Limited, Flexi Lam Private Limited, Shri Ram Plastofab Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products).
Anju Sushil Mahnot was appointed as Director on 27 May 2022. Sushil Kumar Mahnot was appointed as Managing Director on 27 May 2022.
Yes, Flexverse Polymers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Flexverse Polymers is at 201 2 Floor Inizio Cardinal Gracious Road Chakala Andheri East, Mumbai, Maharashtra, India – 400099.