MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-GJ-01-0184759
Floex Polymers Private Limited
Floex Polymers Private Limited - manufacturing in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2024
₹7.49 Lakh
▼ 61% YoY
Net loss · FY 2024
₹14.2 Lakh
Net margin -189.7%
EBITDA · FY 2024
₹1.93 Lakh
EBITDA margin 25.8%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹85.6 Lakh
Satisfied ₹35 Lakh
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Floex Polymers Private Limited
Data last updated:
Floex Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 24 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2021PTC125843.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Nisarg Hitendrabhai Shah and Krina Saurabh Patel.
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 Plot No – K/13 Survey No – 314, Ahmedabad, Gujarat, India – 382305.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.49 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹14.2 Lakh (net margin -189.7%) and EBITDA of ₹1.93 Lakh (EBITDA margin 25.8%).
As per MCA filings, the company has open charges of ₹85.6 Lakh and satisfied charges of ₹35 Lakh on record.
Floex Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0184759).
Company Details of Floex Polymers Private Limited
CIN U25209GJ2021PTC125843
Registration Number 125843
Incorporation Date 24 September 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0184759
Key People
Nisarg Hitendrabhai Shah Director Krina Saurabh Patel Director Devendra Vaishnaw Director Recognitions & Rankings of Floex Polymers
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No – K/13 Survey No – 314, Ahmedabad, Gujarat, India – 382305
- IndustryManufacturing, Plastic-Based Products
Comprehensive company report
Floex Polymers Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
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- Legal cases, compliance and MCA filings
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Business Activity of Floex Polymers Private Limited
The main business activity of Floex 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 |
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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 Floex Polymers Private Limited FY 2025 filings available
Floex Polymers Private Limited reported revenue of ₹7.49 Lakh (down 61% YoY) for FY 2024.
Revenue · FY 2024
₹7.49 Lakh ▼ 61%
Net loss · FY 2024
₹14.2 Lakh margin -189.7%
EBITDA · FY 2024
₹1.93 Lakh margin 25.8%
Compounded Annual Growth Rate (CAGR) of Floex Polymers Private Limited
Revenue CAGR growth
1 year
▼ 61%
EBITDA CAGR growth
1 year
▲ 26%
Revenue fell 61% in the latest year. EBITDA rose 26% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Floex Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.93 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.2 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 of Floex Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 25.8% | •••• | •••• |
| Net Profit Margin | -189.7% | •••• | •••• |
| 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 Floex Polymers are in the company report.
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Financial statements from FY 2022
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.
Board of Directors of Floex Polymers Private Limited
Floex Polymers has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisarg Hitendrabhai Shah | Director | 24 Sep 2021 | 5 Years 0 Months | Current |
| Krina Saurabh Patel | Director | 24 Sep 2021 | 5 Years 0 Months | Current |
| Devendra Vaishnaw | Director | 24 Sep 2021 | 5 Years 0 Months | Current |
Peer Comparison of Floex Polymers Private Limited
Floex Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MK Polyplast Private Limited | ₹7.61 Lakh (FY 2024) | •••• | •••• | 608.0% | •••• | Ahmedabad, Gujarat, India |
| 9Planets Products Private Limited | ₹7.6 Lakh (FY 2019) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Alliance Polymers Private Limited | ₹7.58 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Uttar Pradesh, India |
| Gopala Mercantile Private Limited | ₹7.55 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Aapurti Polymers Private Limited | ₹7.52 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Jaipur, Rajasthan, India |
| Floex Polymers Private Limited this company | ₹7.49 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Ahmedabad, Gujarat, India |
| Apex Polymer Pvt TLD | ₹7.45 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Balasore, Odisha, India |
| Vani Polymers Private Limited | ₹7.44 Lakh (FY 2020) | •••• | •••• | -2.0% | •••• | Modipuram, Uttar Pradesh, India |
| Shree Shaneshwar Industries Limited | ₹7.39 Lakh (FY 2024) | •••• | •••• | -86.0% | •••• | Aurangabad, Maharashtra, India |
| Kosh Plastics Private Limited | ₹7.39 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | Halol, Gujarat, India |
| Plastex Containers (Goa) Pvt Ltd | ₹7.34 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Da Gama, Goa, India |
Peers are the five companies nearest above and the five nearest below Floex Polymers by revenue in the Manufacturing industry (Plastic Based Products, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Floex Polymers Private Limited
Open charges
₹85.6 Lakh
Satisfied charges
₹35 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2022 | Others | ₹85.6 Lakh | Open |
| 13 Sep 2022 | Others | ₹35 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Floex Polymers Private Limited
Employment history and EPFO contributions of people linked to Floex Polymers.
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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 Floex Polymers Private Limited
Floex Polymers Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Devendra Vaishnaw was appointed as Director on 24 Sep 2021.
Charges
A charge registered on 13 Sep 2022 via Charge ID 100644449 with Others was fully satisfied on 19 Jan 2026.
AGM
Floex Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Floex Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100644449 was registered on 13 Sep 2022.
Charges
A charge with Others amounted to Rs. 85.60 Lakh with Charge ID 100598593 was registered on 30 Jun 2022.
Appointed
Devendra Vaishnaw was appointed as Director.
Appointed
Krina Saurabh Patel was appointed as Director.
Appointed
Nisarg Hitendrabhai Shah was appointed as Director.
Incorporation
24 Sep 2021
Floex Polymers Private Limited was registered on 24 Sep 2021 with Roc Ahmedabad & aged 5 years 27 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Floex Polymers Private Limited
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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 Floex Polymers Private Limited
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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
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Subsidiaries & Group Companies of Floex Polymers Private Limited
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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 Floex Polymers Private Limited
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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
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Verified entity values are shown only after access is granted.
MCA Filings & Documents of Floex Polymers Private Limited
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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 Floex Polymers Private Limited
Floex Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 24 September 2021 (5+ years old) and is registered under CIN U25209GJ2021PTC125843.
Floex Polymers reported revenue of ₹7.49 Lakh for FY 2024 (down 61% YoY).
Floex Polymers has 3 current directors:
- Nisarg Hitendrabhai Shah - Director
- Krina Saurabh Patel - Director
- Devendra Vaishnaw - Director
Floex Polymers reported a net loss of ₹14.2 Lakh (net margin -189.7%) and EBITDA of ₹1.93 Lakh (EBITDA margin 25.8%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Floex Polymers is U25209GJ2021PTC125843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Floex Polymers was incorporated on 24 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Floex Polymers by revenue are MK Polyplast Private Limited, 9Planets Products Private Limited, Alliance Polymers Private Limited, Gopala Mercantile Private Limited, Aapurti Polymers Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products, Polymers).
Devendra Vaishnaw was appointed as Director on 24 Sep 2021. Krina Saurabh Patel was appointed as Director on 24 Sep 2021. Nisarg Hitendrabhai Shah was appointed as Director on 24 Sep 2021.
Yes, Floex Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0184759).
The registered office of Floex Polymers is at Plot No – K13 Survey No – 314, Ahmedabad, Gujarat, India – 382305.
Floex Polymers has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh.