- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0114875

About Indradhanush Masterbatches Private Limited
Data last updated:
Indradhanush Masterbatches Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 26 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25112KA2020PTC140264. Its GSTIN is 29AAFCI8737E1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ankit Choudhary and Sonu Agarwal.
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 94 95 Byraveshwara Industrial Area Andrahalli Main Road Hegganahalli, Bangalore, Karnataka, India – 560091.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.42 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.82 Cr (net margin 6.2%) and EBITDA of ₹2.59 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 3 cases are pending.
Indradhanush Masterbatches Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0114875). For more details, the company can be reached via its website indradhanushmb.com.
Company details
Recognitions & Rankings of Indradhanush Masterbatches
Contact details
Indradhanush Masterbatches Private Limited's registered office is in Bangalore, Karnataka. Its website is indradhanushmb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address94 95 Byraveshwara Industrial Area Andrahalli Main Road Hegganahalli, Bangalore, Karnataka, India – 560091
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Indradhanush Masterbatches 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 Indradhanush Masterbatches 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 Indradhanush Masterbatches Private Limited, buy the company report.
Financials of Indradhanush Masterbatches Private Limited
FY 2025 filings availableIndradhanush Masterbatches Private Limited reported revenue of ₹29.42 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 2% growth in the latest year. EBITDA fell 10% 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 | ₹2.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.82 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 | 8.8% | ||||
| Net Profit Margin | 6.2% | ||||
| 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 Indradhanush Masterbatches Private Limited, buy the company report.
Board of directors of Indradhanush Masterbatches Private Limited
Indradhanush Masterbatches has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Choudhary | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Sonu Agarwal Also directs: Neptune Pipes Private Limited, Bharat Monofilament and Textiles Private Limited, Terra Polyplast Private Limited and 2 more | Director | 26 Oct 2020 | 6 Years 0 Months | Current |
| Deepak Chaudhary Also directs: Deepak Plast Private Limited | Additional Director | 19 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Indradhanush Masterbatches Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), 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 |
|---|---|---|---|---|---|---|
| Insulo Fibre Private Limited | ₹29.7 Cr (FY 2025) | 42.0% | Vadodara, Gujarat, India | |||
| K-Bond Polymers Private Limited | ₹29.69 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Indradhanush Masterbatches Private Limitedthis company | ₹29.42 Cr (FY 2025) | ₹1.82 Cr | 6.2% | 2.0% | Bangalore, Karnataka, India | |
| M. R. Vinimay Private Limited | ₹29.16 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| K K Polycolor Asia Limited | ₹29.11 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Indradhanush Masterbatches Private Limited, buy the company report.
Auditor
Indradhanush Masterbatches Private Limited is audited by RAVIPRASAD THANTRY K R for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVIPRASAD THANTRY K R | FY 2023 | 211391 |
Shareholding
The shareholding of Indradhanush Masterbatches Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indradhanush Masterbatches Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2022 | 100532487 | Others | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Indradhanush Masterbatches Private Limited has 8 court cases on record: 6 filed by Indradhanush Masterbatches, 2 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Blue Bear Plastics Private Limited | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Blue Bear Plastics Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Sai Surya Enterprises | Pending |
| District court, RAMANAGARA, Karnataka | Court case (Com.A.A.) | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against M/S Arham Polymers | Disposed |
To see the full case history of Indradhanush Masterbatches 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 Indradhanush Masterbatches Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indradhanush Masterbatches Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Indradhanush Masterbatches has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI8737E1Z9 | Karnataka | Active | 19 Jan 2021 |
To see the full GST registrations and return filing status of Indradhanush Masterbatches Private Limited, buy the company report.
Recent activity
Indradhanush Masterbatches Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Deepak Chaudhary was appointed as Additional Director on 19 Mar 2021.
Frequently asked questions
Indradhanush Masterbatches is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 26 October 2020 (6+ years old) and is registered under CIN U25112KA2020PTC140264.
Indradhanush Masterbatches has 3 current directors:
- Ankit Choudhary - Director
- Sonu Agarwal - Director
- Deepak Chaudhary - Additional Director
The latest financial statements of Indradhanush Masterbatches 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 2021 are in the company report.
The GSTIN of Indradhanush Masterbatches is 29AAFCI8737E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Indradhanush Masterbatches is U25112KA2020PTC140264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indradhanush Masterbatches has 8 court cases on record: 6 filed by the company and 2 filed against it. 3 are pending.
Indradhanush Masterbatches was incorporated on 26 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Indradhanush Masterbatches by revenue are Insulo Fibre Private Limited, K-Bond Polymers Private Limited, M. R. Vinimay Private Limited, K K Polycolor Asia Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Deepak Chaudhary was appointed as Additional Director on 19 Mar 2021. Ankit Choudhary was appointed as Director on 26 Oct 2020. Sonu Agarwal was appointed as Director on 26 Oct 2020.
Yes, Indradhanush Masterbatches is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0114875).
Indradhanush Masterbatches can be reached through the website indradhanushmb.com. Its registered office is in Bangalore, Karnataka, India.

