About Formosa Synthetics Private Limited
Data last updated: 31 December 2025
Formosa Synthetics Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in woven packaging products, a part of the broader packaging sector. Incorporated on 18 May 2010, the company has been in operation for over 16 years.
Registered with ROC Bangalore under CIN U24233KA2010PTC053708.
Capital: an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11.5 Lakh. It is led by directors Ashish Goenka and Saurabh Saraf.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Saraswati Nilaya No. 747/42 5Th Main Road 4Th Cross Vijayanagar, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2025, the company reported a revenue of ₹329.38 Cr, a decline of 5% compared to the previous year.
The company has a workforce of approximately 11 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹68.38 Cr and satisfied charges of ₹6.64 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website formosasynthetics.com.
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Registered AddressSaraswati Nilaya No. 747/42 5Th Main Road 4Th Cross Vijayanagar, Bangalore, Karnataka, India – 560040
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IndustryPackaging, Woven Packaging Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Formosa Synthetics Private Limited
Formosa Synthetics Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 for Formosa Synthetics Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Formosa Synthetics Private Limited
Formosa Synthetics Private Limited is audited by V.K. Soni & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.K. Soni & Co. | Locked | Locked | Locked |
Complete auditor history for Formosa Synthetics Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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- Appointment dates
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Board of Directors of Formosa Synthetics Private Limited
Formosa Synthetics Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Ashish Goenka
Also directs:
Panchamrit Polymer Llp
|
Director | 22 Aug 2018 | 8 Years 0 Months | Current |
| Saurabh Saraf | Director | 22 Aug 2018 | 8 Years 0 Months | Current |
Financials of Formosa Synthetics Private Limited FY 2024 filings available
Formosa Synthetics Private Limited reported revenue of ₹329.38 Cr (down 5.00% YoY) for FY 2025.
Ten-year financial statements for Formosa Synthetics Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Formosa Synthetics Private Limited
Shareholding and ownership data for Formosa Synthetics Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Formosa Synthetics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2022 | State Bank of India | ₹5.81 Cr | Open |
| 11 Mar 2022 | Axis Bank Limited | ₹62.57 Cr | Open |
| 20 Mar 2017 | State Bank of India | ₹4.91 Cr | Satisfied |
| 07 Sep 2015 | Hdfc Bank Limited | ₹70 Lakh | Satisfied |
| 30 Mar 2012 | The South Indian Bank Limited | ₹1.03 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Formosa Synthetics Private Limited
Formosa Synthetics Private Limited has a workforce of 11 employees as of Mar 29, 2024.
Employee and EPFO history for Formosa Synthetics Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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GST Compliance of Formosa Synthetics Private Limited
GST registrations and filing compliance for Formosa Synthetics Private Limited
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- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Formosa Synthetics Private Limited
Credit ratings, litigation, and regulatory alerts for Formosa Synthetics Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Formosa Synthetics Private Limited
MSME payment history for Formosa Synthetics Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Formosa Synthetics Private Limited
Corporate group structure for Formosa Synthetics Private Limited
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Formosa Synthetics Private Limited
MCA filings and documents for Formosa Synthetics Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Formosa Synthetics Private Limited
Frequently Asked Questions about Formosa Synthetics Private Limited
Formosa Synthetics Private Limited is an active private limited company in the packaging sector based in Bangalore, Karnataka, India. It was incorporated on 18 May 2010 (16+ years old) and is registered under CIN U24233KA2010PTC053708. The company has 11 employees.
Formosa Synthetics Private Limited reported revenue of ₹329.38 Cr for FY 2025 (down 5.00% YoY).
The current directors of Formosa Synthetics Private Limited are:
- Ashish Goenka - Director
- Saurabh Saraf - Director
The primary industry of Formosa Synthetics Private Limited is packaging. The company specifically operates in woven packaging products. The company is currently active in this sector.
Formosa Synthetics Private Limited can be reached at the registered office: Saraswati Nilaya No. 74742 5Th Main Road 4Th Cross Vijayanagar, Bangalore, Karnataka, India – 560040, or through the website formosasynthetics.com.
The authorised capital is ₹25 Lakh, and the paid-up capital is ₹11.5 Lakh.