- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-05-0010346

About Innovative Resins Private Limited
Data last updated:
Innovative Resins Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 07 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24100HR2011PTC043817. Its GSTIN is 08AACCI7215C1ZX (Rajasthan). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25.85 Lakh. It is led by directors Ashish Rathi and Prem Chand Rathi.
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 C – 510 Courtyard Nirvana Country South City – II Sector – 50, Gurugram, Haryana, India – 122018.
As per the financials filed for FY 2024, the company reported a revenue of ₹185.04 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹6.49 Cr (net margin 3.5%) and EBITDA of ₹9.26 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 20% 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 ₹49.4 Cr and satisfied charges of ₹3.14 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 1 deal on record (1 funding round), with disclosed funding of ₹24.8 Lakh; the latest was in March 2014. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 106 overdue payments to 13 micro and small suppliers.
Innovative Resins Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0010346). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativeresin.com.
Company details
Recognitions & Rankings of Innovative Resins
Contact details
Innovative Resins Private Limited's registered office is in Gurugram, Haryana. Its website is innovativeresin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 510 Courtyard Nirvana Country South City – II Sector – 50, Gurugram, Haryana, India – 122018
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Innovative Resins 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
Financials of Innovative Resins Private Limited
FY 2025 filings availableInnovative Resins Private Limited reported revenue of ₹185.04 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 14% growth in the latest year. EBITDA rose 4% 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 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 | ₹185.04 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.49 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Innovative Resins Private Limited, buy the company report.
Board of directors of Innovative Resins Private Limited
Innovative Resins has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Rathi Also directs: Study Booth Academy Private Limited | Director | 07 Sep 2011 | 15 Years 1 Months | Current |
| Prem Chand Rathi | Director | 07 Sep 2011 | 15 Years 1 Months | Current |
Auditor
Innovative Resins Private Limited is audited by APT & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| APT & Co. LLP | FY 2024 | 014621C/N500088 |
Shareholding
The shareholding of Innovative Resins Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovative Resins Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2025 | 101194069 | Others | ₹4 Cr | Open | |
| 28 Nov 2024 | 101010491 | Others | ₹10 Cr | Open | |
| 28 Oct 2023 | 100824578 | Others | ₹3 Cr | Open | |
| 07 Oct 2022 | 100647022 | Others | ₹4.7 Cr | Open | |
| 07 Oct 2022 | 100659942 | Others | ₹2.7 Cr | Open |
To see the full charge records of Innovative Resins Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Innovative Resins Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹24.8 Lakh; the latest was in March 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹24.8 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Innovative Resins Private Limited has 3 court cases on record: 3 filed by Innovative Resins. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Delhi Control Devices Pvt Ltd and 1 other | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Cool Deck Cooling Towers and 2 others | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S Global Aqwa Engineers | Disposed |
To see the full case history of Innovative Resins 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
Innovative Resins Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 106 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Freedom Chemtech LLP | |||
| Shiva Performance Materials Private Limited | |||
| SRM Marketing LLP | |||
| an individual supplier | |||
| Fortune Fiber Glass |
To see the full MSME payment records of Innovative Resins Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innovative Resins Private Limited has a workforce of 138 employees on its EPFO records as of Jul 14, 2024, across 1 active EPFO establishment.
GST
Innovative Resins has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCI7215C1ZX | Rajasthan | Active | 01 Jul 2017 |
| 27AACCI7215C1ZX | Maharashtra | Active | 18 Jan 2019 |
| 33AACCI7215C1Z4 | Tamil Nadu | Active | 23 Jan 2025 |
To see the full GST registrations and return filing status of Innovative Resins Private Limited, buy the company report.
Recent activity
Innovative Resins Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Ashish Rathi was appointed as Director on 07 Sep 2011.
6 earlier events are in the company report.
Frequently asked questions
Innovative Resins is an active private limited company based in Gurugram, Haryana, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 07 September 2011 (15+ years old) and is registered under CIN U24100HR2011PTC043817.
Innovative Resins has 2 current directors:
- Ashish Rathi - Director
- Prem Chand Rathi - Director
The latest financial statements of Innovative Resins 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 Innovative Resins is 08AACCI7215C1ZX, registered in Rajasthan. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AACCI7215C1ZX (Maharashtra), 33AACCI7215C1Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Innovative Resins is U24100HR2011PTC043817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Resins has 3 court cases on record: 3 filed by the company.
Innovative Resins was incorporated on 07 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Innovative Resins has 1 deal on record (1 funding round), with disclosed funding of ₹24.8 Lakh; the latest was in March 2014.
Ashish Rathi was appointed as Director on 07 Sep 2011. Prem Chand Rathi was appointed as Director on 07 Sep 2011.
Yes, Innovative Resins is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-05-0010346).
Innovative Resins has 11 MSME Form 1 returns on record between 2019 and 2023, listing 106 overdue payments to 13 micro and small suppliers. The latest return was filed on 14 Dec 2023.

