MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-14-0002521
Gaurik Polymers Private Limited
Gaurik Polymers Private Limited - home & lifestyle in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.88 Cr
▼ 34% YoY
Net profit · FY 2024
₹1.46 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹48.18 Lakh
EBITDA margin 16.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹26 Lakh
Issued & subscribed
Open charges
₹2.62 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Gaurik Polymers Private Limited
Data last updated:
Gaurik Polymers Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 27 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U74999CT2018PTC008801. Its GSTIN is 22AAHCG4769N1Z4 (Chattisgarh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Jasdeep Singh Gandhi and Amardeep Kaur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 2 Ground Floor Crystal Tower G.E. Road Telibandha, Raipur, Chhattisgarh, India – 492006.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.88 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.46 Lakh (net margin 0.5%) and EBITDA of ₹48.18 Lakh (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
As per MCA filings, the company has open charges of ₹2.62 Cr on record.
Gaurik Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0002521). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Gaurik Polymers Private Limited
CIN U74999CT2018PTC008801
Registration Number 008801
Incorporation Date 27 September 2018
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CG-14-0002521
Recognitions & Rankings of Gaurik Polymers
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 2 Ground Floor Crystal Tower G.E. Road Telibandha, Raipur, Chhattisgarh, India – 492006
- IndustryHome & Lifestyle, Textile Retail & Distribution
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Business Activity of Gaurik Polymers Private Limited
The main business activity of Gaurik Polymers is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Gaurik Polymers Private Limited FY 2024 filings available
Gaurik Polymers Private Limited reported revenue of ₹2.88 Cr (down 34% YoY) for FY 2024.
Revenue · FY 2024
₹2.88 Cr ▼ 34%
Net profit · FY 2024
₹1.46 Lakh margin 0.5%
EBITDA · FY 2024
₹48.18 Lakh margin 16.7%
Compounded Annual Growth Rate (CAGR) of Gaurik Polymers Private Limited
Revenue CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 17%
Revenue fell 34% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 11% 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 of Gaurik Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹48.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.46 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 Gaurik Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Gaurik Polymers are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Gaurik Polymers Private Limited
Gaurik Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasdeep Singh Gandhi Also directs: Orrange Infracon India LLP | Director | 27 Sep 2018 | 8 Years 0 Months | Current |
| Amardeep Kaur Also directs: Aviothic Consultancy LLP | Director | 27 Sep 2018 | 8 Years 0 Months | Current |
Peer Comparison of Gaurik Polymers Private Limited
Gaurik Polymers Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Polymers, Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Silvia Rest Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Libra Fabrics Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Goal Impex Private Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
| Knitting Story India Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mysore, Karnataka, India |
| Amritdhara Vyapaar Private Limited | ₹2.89 Cr (FY 2025) | •••• | •••• | 151.0% | •••• | Kolkata, West Bengal, India |
| Gaurik Polymers Private Limited this company | ₹2.88 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Raipur, Chhattisgarh, India |
| Enzed Global Private Limited | ₹2.88 Cr (FY 2024) | •••• | •••• | 1507.0% | •••• | Gurgaon, Haryana, India |
| Sourish Commosale Private Limited | ₹2.88 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Dirdh Impex Private Limited | ₹2.87 Cr (FY 2020) | •••• | •••• | -85.0% | •••• | Surat, Gujarat, India |
| Ionics and Polymers Private Limited | ₹2.87 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Kanpur, Uttar Pradesh, India |
| Glomber Talent Seven Marketing Private Limited | ₹2.87 Cr (FY 2020) | •••• | •••• | 49.0% | •••• | Sri Ganganagar, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Gaurik Polymers by revenue in the Consumer Products industry (Polymers, Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gaurik Polymers Private Limited
Gaurik Polymers Private Limited is audited by Nitish Kumar Agrawal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nitish Kumar Agrawal & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Gaurik Polymers Private Limited
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Charges & Borrowings of Gaurik Polymers Private Limited
Open charges
₹2.62 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2019 | Others | ₹2.62 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Gaurik Polymers Private Limited
Employment history and EPFO contributions of people linked to Gaurik Polymers.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Gaurik Polymers Private Limited
Gaurik Polymers Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Indra Devi Khetan ceased to be Director on 09 Jul 2021.
AGM
Gaurik Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gaurik Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge with Others of Rs. 261.80 Lakh registered on 06 Sep 2019 with Charge ID 100285750 was modified on 28 Oct 2021.
Ceased
Indra Devi Khetan ceased to be Director.
Charges
A charge with Others amounted to Rs. 261.80 Lakh with Charge ID 100285750 was registered on 06 Sep 2019.
Appointed
Amardeep Kaur was appointed as Director.
Appointed
Jasdeep Singh Gandhi was appointed as Director.
Incorporation
27 Sep 2018
Gaurik Polymers Private Limited was registered on 27 Sep 2018 with Roc Chhattisgarh & aged 8 years 24 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Gaurik Polymers Private Limited
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MSME Payment Delays by Gaurik Polymers Private Limited
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Subsidiaries & Group Companies of Gaurik Polymers Private Limited
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GST Compliance of Gaurik Polymers Private Limited
Gaurik Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAHCG4769N1Z4 | Chattisgarh | Active | 01 Mar 2019 |
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MCA Filings & Documents of Gaurik Polymers Private Limited
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Frequently Asked Questions about Gaurik Polymers Private Limited
Gaurik Polymers is an active private limited company based in Raipur, Chhattisgarh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 27 September 2018 (8+ years old) and is registered under CIN U74999CT2018PTC008801.
Gaurik Polymers reported revenue of ₹2.88 Cr for FY 2024 (down 34% YoY).
Gaurik Polymers has 2 current directors:
- Jasdeep Singh Gandhi - Director
- Amardeep Kaur - Director
Gaurik Polymers reported a net profit of ₹1.46 Lakh (net margin 0.5%) and EBITDA of ₹48.18 Lakh (EBITDA margin 16.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gaurik Polymers is 22% over three years. In the latest year (FY 2024) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gaurik Polymers is 22AAHCG4769N1Z4, registered in Chattisgarh.
The CIN (Corporate Identification Number) of Gaurik Polymers is U74999CT2018PTC008801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gaurik Polymers was incorporated on 27 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Gaurik Polymers by revenue are Silvia Rest Private Limited, Libra Fabrics Private Limited, Goal Impex Private Limited, Knitting Story India Private Limited, Amritdhara Vyapaar Private Limited and 5 more, all in the Consumer Products industry (Polymers, Textile Retail and Distribution).
Indra Devi Khetan ceased to be Director on 09 Jul 2021. Amardeep Kaur was appointed as Director on 27 Sep 2018. Jasdeep Singh Gandhi was appointed as Director on 27 Sep 2018.
Yes, Gaurik Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-CG-14-0002521).