About Iris Polymers Industries Private Limited
Data last updated:
Iris Polymers Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 01 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2017PTC169184. Its GSTIN is 27AAECI4322A1Z5 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.56 Lakh. It is led by directors Arun Sahebrao Awatade (Whole-Time Director) and Dipali Arun Awatade.
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 S.No. 36 Mantarwadi Uruli Devachi Near De – Laval Company Fursungi, Pune, Maharashtra, India – 412308.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.08 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 2.8%) and EBITDA of ₹1.75 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.
The company has about 34 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Iris Polymers. As per MCA filings, the company has open charges of ₹3.36 Cr and satisfied charges of ₹1.54 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in December 2020. Its 10 peer companies in the Packaging industry (Films and Foils, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Stylish Polymers Private Limited with revenue of ₹36.75 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irispolymers.net.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS.No. 36 Mantarwadi Uruli Devachi Near De – Laval Company Fursungi, Pune, Maharashtra, India – 412308
- IndustryPackaging, Packaging Films & Foils
- 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
- One PDF report, delivered after checkout
Business Activity of Iris Polymers Industries Private Limited
The main business activity of Iris Polymers Industries is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Iris Polymers Industries Private Limited FY 2025 filings available
Iris Polymers Industries Private Limited reported revenue of ₹36.08 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iris Polymers Industries Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 28% 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 of Iris Polymers Industries Private Limited
| 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 | ₹1.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 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 of Iris Polymers Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iris Polymers Industries are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Iris Polymers Industries Private Limited
Iris Polymers Industries Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stylish Polymers Private Limited | ₹36.75 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Kolkata, West Bengal, India |
| Petrorub Polymers Private Limited | ₹36.64 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Kottayam, Kerala, India |
| Shree Ram Natural Polymers Private Limited | ₹36.54 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Jodhpur, Rajasthan, India |
| Shyam Laminaters Private Limited | ₹36.18 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
| Majesta Polymers Private Limited | ₹36.11 Cr (FY 2024) | •••• | •••• | 425.0% | •••• | Umargam, Gujarat, India |
| Iris Polymers Industries Private Limited this company | ₹36.08 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Rainbow Plastics India Limited | ₹35.94 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | D & Nh, Gujarat, India |
| Kuber Polyfab Private Limited | ₹35.9 Cr (FY 2025) | •••• | •••• | 132.0% | •••• | Delhi, India |
| Parth Polywoven Pvt Ltd | ₹35.57 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Junagadh, Gujarat, India |
| Bothra Poly Films Private Limited | ₹35.48 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Howrah, West Bengal, India |
| Spack Coaters Private Limited | ₹35.46 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Iris Polymers Industries by revenue in the Packaging industry (Films and Foils, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Iris Polymers Industries Private Limited
Iris Polymers Industries Private Limited is audited by KHIMJI KUNVERJI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHIMJI KUNVERJI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Iris Polymers Industries Private Limited
Iris Polymers Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Sahebrao Awatade Also directs: Iris Fertiseeds Private Limited | Whole-Time Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Dipali Arun Awatade | Director | 28 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Iris Polymers Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Iris Polymers Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2025 | Others | ₹13.69 Lakh | Open |
| 05 Apr 2025 | Others | ₹32.6 Lakh | Open |
| 12 Dec 2024 | Others | ₹2.9 Cr | Open |
| 01 Mar 2017 | Others | ₹75 Lakh | Satisfied |
| 01 Mar 2017 | Others | ₹25 Lakh | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Iris Polymers Industries Private Limited
Iris Polymers Industries Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in December 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Funding round | ₹3 Cr | Investors: SIDBI Ventures |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Iris Polymers Industries Private Limited
Iris Polymers Industries Private Limited has 9 court cases on record: 1 filed by Iris Polymers Industries, 8 filed against it. 1 case is pending and 8 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed by the company against Iris Green Revolution Private Limited | Disposed |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Aditya Birla Finance Limited | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Iris Polymers Industries Private Limited
Iris Polymers Industries operates one associated brand: Iris Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of agricultural and industrial films | irispolymers.com |
Employees and EPFO Compliance at Iris Polymers Industries Private Limited
Iris Polymers Industries Private Limited has a workforce of 34 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Iris Polymers Industries Private Limited
Iris Polymers Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Iris Fertiseeds Private Limited | U51909PN2017PTC169579 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Iris Polymers Industries Private Limited
Iris Polymers Industries Private Limited has 8 board changes on record since 2017: 5 appointments and 3 cessations. The latest: Vinay Mahesh Joshi ceased to be Director on 31 Mar 2023.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Iris Polymers Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Iris Polymers Industries Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Iris Polymers Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Iris Polymers Industries Private Limited
Iris Polymers Industries has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECI4322A1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 08AAECI4322A1Z5 | Rajasthan | Active | 16 Jan 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Iris Polymers Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Iris Polymers Industries Private Limited
Iris Polymers Industries is an active private limited company based in Pune, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 01 March 2017 (9+ years old) and is registered under CIN U29309PN2017PTC169184.
Iris Polymers Industries reported revenue of ₹36.08 Cr for FY 2025 (down 1% YoY).
Iris Polymers Industries has 2 current directors:
- Arun Sahebrao Awatade - Whole-Time Director
- Dipali Arun Awatade - Director
Iris Polymers Industries reported a net profit of ₹1.02 Cr (net margin 2.8%) and EBITDA of ₹1.75 Cr (EBITDA margin 4.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iris Polymers Industries is 24% over three years and 21% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iris Polymers Industries is 27AAECI4322A1Z5, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAECI4322A1Z5 (Rajasthan).
The CIN (Corporate Identification Number) of Iris Polymers Industries is U29309PN2017PTC169184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Polymers Industries has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending.
Iris Polymers Industries was incorporated on 01 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Iris Polymers Industries has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in December 2020.
The peers of Iris Polymers Industries by revenue are Stylish Polymers Private Limited, Petrorub Polymers Private Limited, Shree Ram Natural Polymers Private Limited, Shyam Laminaters Private Limited, Majesta Polymers Private Limited and 5 more, all in the Packaging industry (Films and Foils, Polymers).