MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-07-0010815
GSB Polymer Private Limited
GSB Polymer Private Limited - consumer goods in Bahadurgarh, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.41 Cr
▲ 64% YoY
Net loss · FY 2025
₹6.19 Cr
Net margin -35.6%
EBITDA · FY 2025
-₹3.93 Cr
EBITDA margin -22.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹7.75 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
115
Provident fund records
About GSB Polymer Private Limited
Data last updated:
GSB Polymer Private Limited is a private limited company based in Bahadurgarh, Haryana, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 13 June 2022.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U19200HR2022PTC104295. Its GSTIN is 06AAJCG8375J1Z2 (Haryana).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manan Gulati and Gurbaksish Gulati.
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 – 16 Sector – 4 B Hsiidc Bahadurgarh, Haryana, India – 124507.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.41 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net loss of ₹6.19 Cr (net margin -35.6%) and EBITDA of -₹3.93 Cr (EBITDA margin -22.6%).
The company has about 115 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
GSB Polymer Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-07-0010815).
Company details
CIN U19200HR2022PTC104295
Registration Number 104295
Incorporation Date 13 June 2022
ROC Haryana
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-HR-07-0010815
Key People
Manan Gulati Director Gurbaksish Gulati Director Recognitions & Rankings of GSB Polymer
Contact details
GSB Polymer Private Limited's registered office is in Bahadurgarh, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No – 16 Sector – 4 B Hsiidc Bahadurgarh, Haryana, India – 124507
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of GSB Polymer Private Limited, buy the company report.
Comprehensive company report
GSB Polymer Private Limited - 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
Business activity
The main business activity of GSB Polymer is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of GSB Polymer Private Limited, buy the company report.
Financials of GSB Polymer Private Limited
FY 2025 filings availableGSB Polymer Private Limited reported revenue of ₹17.41 Cr (up 64% YoY) for FY 2025.
Revenue · FY 2025
₹17.41 Cr ▲ 64%
Net loss · FY 2025
₹6.19 Cr margin -35.6%
EBITDA · FY 2025
-₹3.93 Cr margin -22.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 64%
EBITDA CAGR growth
1 year
▼ 212%
Revenue rose 64% in the latest year. EBITDA fell 212% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| 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 | -₹3.93 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.19 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -22.6% | ||
| Net Profit Margin | -35.6% | ||
| 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 | |||
To see the full financial statements and ratios of GSB Polymer Private Limited, buy the company report.
Board of directors of GSB Polymer Private Limited
GSB Polymer has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manan Gulati | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Gurbaksish Gulati | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
GSB Polymer Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Malgre Safety Solutions Private Limited | ₹17.71 Cr (FY 2024) | 31.0% | Delhi, India | |||
| Prosafe International Private Limited | ₹17.58 Cr (FY 2025) | 13.0% | Bhiwadi, Rajasthan, India | |||
| GSB Polymer Private Limitedthis company | ₹17.41 Cr (FY 2025) | -₹6.19 Cr | -35.6% | 64.0% | 115 | Bahadurgarh, Haryana, India |
| Callidus Shoemakers Private Limited | ₹16.91 Cr (FY 2024) | -11.0% | Madhanur, Tamil Nadu, India |
To see the full peer comparison of GSB Polymer Private Limited, buy the company report.
Auditor
GSB Polymer Private Limited is audited by KAPILSACHDEVA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPILSACHDEVA | FY 2023 | 500426 |
Shareholding
The shareholding of GSB Polymer Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of GSB Polymer Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2022 | 100702503 | Hdfc Bank Limited | ₹7.75 Cr | Open |
To see the full charge records of GSB Polymer Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
GSB Polymer Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of GSB Polymer Private Limited, 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
GSB Polymer Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 294 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Omega Marketing Private Limited | |||
| an individual supplier | |||
| SV Leathers (India) Private Limited | |||
| Swastik Polymers | |||
| an individual supplier |
To see the full MSME payment records of GSB Polymer Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
GSB Polymer Private Limited has a workforce of 115 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
115
Active EPFO establishments
1
Employee growth
82.54%
GST
GSB Polymer has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCG8375J1Z2 | Haryana | Active | 20 Jul 2022 |
To see the full GST registrations and return filing status of GSB Polymer Private Limited, buy the company report.
Recent activity
GSB Polymer Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Gurbaksish Gulati was appointed as Director on 13 Jun 2022.
AGM
Gsb Polymer Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 775.00 Lakh registered on 05 Sep 2022 with Charge ID 100702503 was modified on 10 Jul 2025.
Filing
Gsb Polymer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Haryana.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 775.00 Lakh with Charge ID 100702503 was registered on 05 Sep 2022.
Appointed
Gurbaksish Gulati was appointed as Director.
Appointed
Manan Gulati was appointed as Director.
Incorporation
13 Jun 2022
Gsb Polymer Private Limited was registered on 13 Jun 2022 with Roc Haryana & aged 4 years 4 months as per MCA records.
Frequently asked questions
GSB Polymer is an active private limited company based in Bahadurgarh, Haryana, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 13 June 2022 (4+ years old) and is registered under CIN U19200HR2022PTC104295.
GSB Polymer has 2 current directors:
- Manan Gulati - Director
- Gurbaksish Gulati - Director
The latest financial statements of GSB Polymer on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of GSB Polymer is 06AAJCG8375J1Z2, registered in Haryana.
The CIN (Corporate Identification Number) of GSB Polymer is U19200HR2022PTC104295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GSB Polymer has 1 court case on record: 1 filed against it.
GSB Polymer was incorporated on 13 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of GSB Polymer by revenue are Malgre Safety Solutions Private Limited, Prosafe International Private Limited, Callidus Shoemakers Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Gurbaksish Gulati was appointed as Director on 13 Jun 2022. Manan Gulati was appointed as Director on 13 Jun 2022.
Yes, GSB Polymer is registered as a small enterprise under Udyam registration (number: UDYAM-HR-07-0010815).
GSB Polymer has 2 MSME Form 1 returns on record between 2023 and 2024, listing 294 overdue payments to 16 micro and small suppliers. The latest return was filed on 26 Apr 2024.
The registered office of GSB Polymer is at Plot No – 16 Sector – 4 B Hsiidc Bahadurgarh, Haryana, India – 124507.