About Gulshan Polyols Limited
Data last updated:
Gulshan Polyols Limited is a public limited company based in Muzaffarnagar, Uttar Pradesh, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 20 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN L24231UP2000PLC034918. Its GSTIN is 09AABCG3954F1ZM (Uttar Pradesh). The company holds 13 GST registrations, of which 11 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532457 and NSE: GULPOLY.
The company has an authorised share capital of ₹42.81 Cr and a paid-up capital of ₹6.24 Cr. It is led by directors including Chandra Kumar Jain (Managing Director) and Aditi Pasari (Managing Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 9th Km Jansath Road, Muzaffarnagar, Uttar Pradesh, India – 251001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,024.54 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹24.67 Cr (net margin 1.2%) and EBITDA of ₹100.22 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 27% over five years.
The company has about 138 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹787.04 Cr and satisfied charges of ₹319.13 Cr on record. Court records list 45 cases involving the company, including 40 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gulshanindia.com.
Company details
CIN history
Gulshan Polyols has one previous CIN (Corporate Identification Number): L24231GJ2000PLC040379. The current CIN is L24231UP2000PLC034918, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24231UP2000PLC034918 | Current |
| L24231GJ2000PLC040379 | Previous |
Contact details
Gulshan Polyols Limited's registered office is in Muzaffarnagar, Uttar Pradesh. Its website is gulshanindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9th Km Jansath Road, Muzaffarnagar, Uttar Pradesh, India – 251001
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Gulshan Polyols Limited, buy the company report.
- 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
Business activity
The main business activity of Gulshan Polyols is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Gulshan Polyols Limited, buy the company report.
Financials of Gulshan Polyols Limited
FY 2025 filings availableGulshan Polyols Limited reported revenue of ₹2,024.54 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 46% growth in the latest year. EBITDA rose 43% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹100.22 Cr | ||||
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| Net Profit (PAT) | ₹24.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Gulshan Polyols Limited, buy the company report.
Board of directors of Gulshan Polyols Limited
Gulshan Polyols has 10 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Gulshan Polyols Limited is audited by RAJEEV SINGAL & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJEEV SINGAL & CO. | FY 2024 | 008692C |
Shareholding
The shareholding of Gulshan Polyols Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gulshan Polyols Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2026 | 101279003 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 30 Sep 2025 | 101173817 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 18 Jul 2025 | 101130901 | Hdfc Bank Limited | ₹5 Lakh | Open | |
| 25 Apr 2025 | 101094631 | Hdfc Bank Limited | ₹125 Cr | Open | |
| 24 Feb 2025 | 101063031 | State Bank of India | ₹6 Lakh | Open |
To see the full charge records of Gulshan Polyols Limited, buy the company report.
Total charge records: 38 View all charges
Legal cases
Gulshan Polyols Limited has 45 court cases on record: 40 filed by Gulshan Polyols, 5 filed against it. 1 case is pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 4 | 0 |
| NCLT | 6 | 1 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Allahabad | Insolvency matter | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against 1 Sudi Plastic Pvt Ltd 2 Dilip Kumar Shaw Director 3 Jyoti Rani Director and 1 other | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Otr Papers Pvt. Ltd. and 2 others | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against Sujala Pipes Pvt Ltd | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Kaiser Industries Limited | Disposed |
To see the full case history of Gulshan Polyols 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.
Credit ratings & regulatory alerts
Gulshan Polyols Limited was last rated by Care on 08 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Jan 2021 |
To see the full credit ratings and regulatory alerts of Gulshan Polyols Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gulshan Polyols Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gulshan Polyols Limited has a workforce of 138 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
GST
Gulshan Polyols has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCG3954F1ZM | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AABCG3954F2ZL | Uttar Pradesh | Active | 01 Mar 2018 |
| 02AABCG3954F1Z0 | Himachal Pradesh | Active | 01 Jul 2017 |
| 07AABCG3954F1ZQ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gulshan Polyols Limited, buy the company report.
Recent activity
Gulshan Polyols Limited has 39 board changes on record since 2005: 24 appointments and 15 cessations. The latest: Anubha Gupta was appointed as Director on 01 Oct 2025.
117 earlier events are in the company report.
News
Frequently asked questions
Gulshan Polyols is an active public limited company based in Muzaffarnagar, Uttar Pradesh, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 20 October 2000 (26+ years old) and is registered under CIN L24231UP2000PLC034918. Listed on BSE: 532457 and NSE: GULPOLY.
Gulshan Polyols has 10 current directors:
- Chandra Kumar Jain - Managing Director
- Aditi Pasari - Managing Director
- Arushi Jain - Managing Director
- Ashwani Kumar Vats - Whole-Time Director
- Anubha Gupta - Director
- Archana Jain - Director
- Rahul Jain - Director
- Vardhman Doogar - Director
- Nitesh Garg - Director
- Soumyajit Mitra - Director
The latest financial statements of Gulshan Polyols on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gulshan Polyols is 09AABCG3954F1ZM, registered in Uttar Pradesh. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 09AABCG3954F2ZL (Uttar Pradesh), 02AABCG3954F1Z0 (Himachal Pradesh), 07AABCG3954F1ZQ (Delhi).
The CIN (Corporate Identification Number) of Gulshan Polyols is L24231UP2000PLC034918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Gulshan Polyols is a listed company as per MCA records. Its shares are listed on both BSE (code: 532457) and NSE (symbol: GULPOLY).
Gulshan Polyols has 45 court cases on record: 40 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Gulshan Polyols was incorporated on 20 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Anubha Gupta was appointed as Director on 01 Oct 2025. Rahul Jain was appointed as Director on 01 Oct 2025. Preeti Gupta ceased to be Company Secretary on 05 May 2025. Gulshan Polyols has 39 board changes on record in total.
Gulshan Polyols can be reached through the website gulshanindia.com. Its registered office is in Muzaffarnagar, Uttar Pradesh, India.