- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-08-0003152

About Indopet Polymer Private Limited
Data last updated:
Indopet Polymer Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Subhrekha Suppliers Private Limited. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 30 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U18101WB2008PTC126280. Its GSTIN is 19AADCB4639C1ZU (West Bengal).
The company has an authorised share capital of ₹4.39 Cr and a paid-up capital of ₹3.46 Cr. It was formerly known as Bharat Impex Private Limited. It is led by directors Varun Dabriwal and Ajay Kumar Dabriwal.
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 P – 40 Lu Shun Sarani (New Cit Road) Third Floor, Kolkata, West Bengal, India – 700073.
As per the financials filed for FY 2025, the company reported a revenue of ₹148.52 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹13.11 Cr (net margin 8.8%) and EBITDA of ₹21.42 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.5 Cr and satisfied charges of ₹11.69 Cr on record. Court records list 32 cases involving the company, including 25 filed by the company and 7 filed against it; 24 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.3 Cr; the latest was in March 2011. Its 7 peer companies in the Manufacturing industry (Bottles and Caps, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 4 smaller; the largest is Bihani Manufacturing Company Private Limited with revenue of ₹151.2 Cr.
Indopet Polymer Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-08-0003152). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indopet.co.in.
Company details
Recognitions & Rankings of Indopet Polymer
Contact details
Indopet Polymer Private Limited's registered office is in Kolkata, West Bengal. Its website is indopet.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressP – 40 Lu Shun Sarani (New Cit Road) Third Floor, Kolkata, West Bengal, India – 700073
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Indopet Polymer Private 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 Indopet Polymer is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Indopet Polymer Private Limited, buy the company report.
Financials of Indopet Polymer Private Limited
FY 2025 filings availableIndopet Polymer Private Limited reported revenue of ₹148.52 Cr (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 70% growth in the latest year. EBITDA rose 94% 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 |
|---|---|---|---|---|---|
| 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 | ₹21.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.11 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| Net Profit Margin | 8.8% | ||||
| 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 Indopet Polymer Private Limited, buy the company report.
Board of directors of Indopet Polymer Private Limited
Indopet Polymer has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Dabriwal Also directs: Bharat Rasayan Limited, Indopet Packaging Private Limited, Indopet Polyplast Private Limited and 3 more | Director | 30 May 2008 | 18 Years 4 Months | Current |
| Ajay Kumar Dabriwal Also directs: Indopet Packaging Private Limited, Indopet Polyplast Private Limited, Indopet Industries Private Limited and 3 more | Director | 01 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Indopet Polymer Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Bottles and Caps, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bihani Manufacturing Company Private Limited | ₹151.2 Cr (FY 2025) | 14.0% | Delhi, India | |||
| Mark Tech Polymers Private Limited | ₹149.84 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Versatile Card Technology Private Limited | ₹149.07 Cr (FY 2025) | -13.0% | Chennai, Tamil Nadu, India | |||
| Indopet Polymer Private Limitedthis company | ₹148.52 Cr (FY 2025) | ₹13.11 Cr | 8.8% | 70.0% | 14 | Kolkata, West Bengal, India |
| Abhijeet Plastics (India) Private Limited | ₹147.75 Cr (FY 2025) | 24.0% | Vasai, Maharashtra, India | |||
| Shalimar Extrusion Private Limited | ₹145.66 Cr (FY 2025) | 62.0% | Mumbai, Maharashtra, India | |||
| Sperene Compounding Private Limited | ₹145.17 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Arun Plasto Moulders (India) Private Limited | ₹145.14 Cr (FY 2025) | 13.0% | Tamil Nadu, India |
To see the full peer comparison of Indopet Polymer Private Limited, buy the company report.
Auditor
Indopet Polymer Private Limited is audited by AVB & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVB & ASSOCIATES | FY 2023 | 323505E |
Shareholding
The shareholding of Indopet Polymer Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indopet Polymer Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2025 | 101192850 | Hdfc Bank Limited | ₹4.9 Cr | Open | |
| 24 Oct 2025 | 101178810 | The Hongkong and Shanghai Banking Corporation Limited | ₹4.8 Cr | Open | |
| 05 Mar 2019 | 100255054 | Citi Bank N.A. | ₹4.8 Cr | Open | |
| 02 Aug 2013 | 10443111 | Citi Bank N.A. | ₹3 Cr | Open | |
| 04 Jul 2022 | 100801531 | Hdfc Bank Limited | ₹99 Lakh | Satisfied |
To see the full charge records of Indopet Polymer Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Indopet Polymer Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.3 Cr; the latest was in March 2011.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Funding round | ₹20 Lakh | Investors: Oven Commercials Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Subherekha Suppliers Private Limited Seller: Ritesh Construction Private Limited , Venus Financial Consultants Private Limited , Charisma Combines Pvt Ltd |
| Mar 2010 | Funding round | ₹2.1 Cr | Investors: Ritesh Construction Private Limited , Salasar Financial Advisory Services Private Limited , Ritesh Exim Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indopet Polymer Private Limited has 32 court cases on record: 25 filed by Indopet Polymer, 7 filed against it. 24 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 2 | 23 |
| High courts | 6 | 5 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Badrinath Aqua Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against Bethel Medipharma Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against Emisco Bake Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against M/S Surji Agro Foods Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against M/S PSS Food Processing Private Limited | Pending |
To see the full case history of Indopet 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
No delayed payments to MSME suppliers are on our record for Indopet Polymer Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indopet Polymer Private Limited has a workforce of 14 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Indopet Polymer has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCB4639C1ZU | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indopet Polymer Private Limited, buy the company report.
Recent activity
Indopet Polymer Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Akash Mittal ceased to be Director on 18 Jun 2024.
9 earlier events are in the company report.
Frequently asked questions
Indopet Polymer is an active private limited company based in Kolkata, West Bengal, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 30 May 2008 (18+ years old) and is registered under CIN U18101WB2008PTC126280.
Indopet Polymer has 2 current directors:
- Varun Dabriwal - Director
- Ajay Kumar Dabriwal - Director
The latest financial statements of Indopet 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 2015 are in the company report.
The GSTIN of Indopet Polymer is 19AADCB4639C1ZU, registered in West Bengal.
The CIN (Corporate Identification Number) of Indopet Polymer is U18101WB2008PTC126280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indopet Polymer has 32 court cases on record: 25 filed by the company and 7 filed against it. 24 are pending. Most are in the district courts.
Indopet Polymer was incorporated on 30 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Indopet Polymer has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.3 Cr; the latest was in March 2011.
The peers of Indopet Polymer by revenue are Bihani Manufacturing Company Private Limited, Mark Tech Polymers Private Limited, Versatile Card Technology Private Limited, Abhijeet Plastics (India) Private Limited, Shalimar Extrusion Private Limited and 2 more, all in the Manufacturing industry (Bottles and Caps, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Akash Mittal ceased to be Director on 18 Jun 2024. Ajay Kumar Dabriwal ceased to be Additional Director on 29 Sep 2018. Ajay Kumar Dabriwal was appointed as Director on 01 Jun 2018. Indopet Polymer has 6 board changes on record in total.
Yes, Indopet Polymer is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-08-0003152).