MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-GJ-01-0035367
Ivory Polymers Private Limited
Ivory Polymers Private Limited - manufacturing in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2025
₹2.42 Cr
▼ 23% YoY
Net loss · FY 2025
₹35.1 Lakh
Net margin -14.5%
EBITDA · FY 2025
-₹12.79 Lakh
EBITDA margin -5.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Ivory Polymers Private Limited
Data last updated:
Ivory Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25190GJ2020PTC114692. Its GSTIN is 24AAFCI7034N1ZC (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhatt Karna Sanjaybhai and Imran Sayar.
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 Shop No. – F.F.108 III – Eye Nr.Panchvati Circle C.G.Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.42 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹35.1 Lakh (net margin -14.5%) and EBITDA of -₹12.79 Lakh (EBITDA margin -5.3%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
Ivory Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0035367).
Company details
CIN U25190GJ2020PTC114692
Registration Number 114692
Incorporation Date 16 July 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0035367
Key People
Bhatt Karna Sanjaybhai Director Imran Sayar Director Kush Rupenbhai Navinchandra Director Recognitions & Rankings of Ivory Polymers
Contact details
Ivory Polymers Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressShop No. – F.F.108 III – Eye Nr.Panchvati Circle C.G.Road, Ahmedabad, Gujarat, India – 380006
- IndustryManufacturing, Textile & Fabric Production
Comprehensive company report
Ivory Polymers Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Ivory Polymers 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 Ivory Polymers Private Limited, buy the company report.
Financials of Ivory Polymers Private Limited
FY 2025 filings availableIvory Polymers Private Limited reported revenue of ₹2.42 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹2.42 Cr ▼ 23%
Net loss · FY 2025
₹35.1 Lakh margin -14.5%
EBITDA · FY 2025
-₹12.79 Lakh margin -5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 322%
3 years · compounded
▲ 29%
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 23% fall in the latest year. EBITDA fell 322% 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 | -₹12.79 Lakh | ||||
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| Net Profit (PAT) | -₹35.1 Lakh | ||||
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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 | -5.3% | ||||
| Net Profit Margin | -14.5% | ||||
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To see the full financial statements and ratios of Ivory Polymers Private Limited, buy the company report.
Board of directors of Ivory Polymers Private Limited
Ivory Polymers has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhatt Karna Sanjaybhai Also directs: Sysons Trading & Management Private Limited, Kav Aviation Private Limited, Vishal Travels Pvt Ltd and 2 more | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
| Imran Sayar | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
| Kush Rupenbhai Navinchandra Also directs: Bhaarat Poly Packaging Private Limited, Ivory Investments Pvt Ltd | Director | 16 Jul 2020 | 6 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Ivory Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ivory Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ivory Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCI7034N1ZC | Gujarat | Active | 28 Jul 2020 |
To see the full GST registrations and return filing status of Ivory Polymers Private Limited, buy the company report.
Recent activity
Ivory Polymers Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Bhatt Karna Sanjaybhai was appointed as Director on 16 Jul 2020.
AGM
Ivory Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ivory Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Bhatt Karna Sanjaybhai was appointed as Director.
Appointed
Imran Sayar was appointed as Director.
Appointed
Kush Rupenbhai Navinchandra was appointed as Director.
Incorporation
16 Jul 2020
Ivory Polymers Private Limited was registered on 16 Jul 2020 with Roc Ahmedabad & aged 6 years 3 months as per MCA records.
Frequently asked questions
Ivory Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 July 2020 (6+ years old) and is registered under CIN U25190GJ2020PTC114692.
Ivory Polymers has 3 current directors:
- Bhatt Karna Sanjaybhai - Director
- Imran Sayar - Director
- Kush Rupenbhai Navinchandra - Director
The latest financial statements of Ivory Polymers 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 Ivory Polymers is 24AAFCI7034N1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Ivory Polymers is U25190GJ2020PTC114692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ivory Polymers was incorporated on 16 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhatt Karna Sanjaybhai was appointed as Director on 16 Jul 2020. Imran Sayar was appointed as Director on 16 Jul 2020. Kush Rupenbhai Navinchandra was appointed as Director on 16 Jul 2020.
Yes, Ivory Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0035367).
The registered office of Ivory Polymers is at Shop No. – F.F.108 III – Eye Nr.Panchvati Circle C.G.Road, Ahmedabad, Gujarat, India – 380006.
Ivory Polymers operates in the manufacturing industry, in the textile and fabric production segment.