- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0012574

About J P Polymers Private Limited
Data last updated:
J P Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 21 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24134MH2004PTC148732. Its GSTIN is 27AABCJ4550A1Z1 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.46 Lakh. It is led by directors including Rishabh Rameshchandra Jain and Jiten Prataprai Mathuria.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹459.14 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹24.95 Cr (net margin 5.4%) and EBITDA of ₹42.55 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 18% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: J P Polymers. As per MCA filings, the company has open charges of ₹195 Cr and satisfied charges of ₹148.66 Cr on record. Court records list 63 cases involving the company, including 62 filed by the company and 1 filed against it; 12 cases are pending. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in March 2016. Its 5 peer companies in the Chemicals industry (Polymers), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Lila Polymers Private Limited with revenue of ₹474.23 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2023, listing 1,182 overdue payments to 32 micro and small suppliers.
J P Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0012574). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jppolymers.in.
Company details
Recognitions & Rankings of J P Polymers
Contact details
J P Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its website is jppolymers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 3710 To 3712 37th Floor Marathon Futurex Building No. C, Mafatlal Mills Compound N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of J P Polymers 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
Brands
J P Polymers operates one associated brand: J P Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality rubber rollers, coupling bushes, and bushes. | jppolymers.in |
Business activity
The main business activity of J P Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of J P Polymers Private Limited, buy the company report.
Financials of J P Polymers Private Limited
FY 2024 filings availableJ P Polymers Private Limited reported revenue of ₹459.14 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 36% 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 |
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| EBITDA | ₹42.55 Cr | ||||
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| Net Profit (PAT) | ₹24.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 5.4% | ||||
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To see the full financial statements and ratios of J P Polymers Private Limited, buy the company report.
Board of directors of J P Polymers Private Limited
J P Polymers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rishabh Rameshchandra Jain Also directs: Nextplus Polymers Private Limited, J. P. Plaschem Private Limited | Director | 23 Jan 2019 | 7 Years 8 Months | Current |
| Jiten Prataprai Mathuria Also directs: Nextplus Polymers Private Limited, J. P. Plaschem Private Limited | Director | 21 Sep 2004 | 22 Years 1 Months | Current |
| Hitesh Prakash Birawat Also directs: J. P. Plaschem Private Limited | Director | 04 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
J P Polymers Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Polymers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lila Polymers Private Limited | ₹474.23 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Meenakshi Polymers Private Limited | ₹464.36 Cr (FY 2025) | -2.0% | Delhi, India | |||
| J P Polymers Private Limited this company | ₹459.14 Cr (FY 2025) | ₹24.95 Cr | 5.4% | 36.0% | 36 | Mumbai, Maharashtra, India |
| PNP Polymers Private Limited | ₹392.06 Cr (FY 2025) | 61.0% | Mumbai, Maharashtra, India | |||
| Tradeimpex Polymers (India) Private Limited | ₹391.51 Cr (FY 2023) | 14.0% | Mumbai, Maharashtra, India | |||
| Miku Polymers & Plastics Limited | ₹370 Cr (FY 2021) | -21.0% | Vadodara, Gujarat, India |
To see the full peer comparison of J P Polymers Private Limited, buy the company report.
Auditor
J P Polymers Private Limited is audited by C.M. Gabhawala & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.M. Gabhawala & Co. | FY 2022 | 102870W |
Shareholding
The shareholding of J P Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of J P Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2024 | 100919904 | Citi Bank N.A. | ₹80 Cr | Open | |
| 16 Oct 2014 | 10542068 | The Hongkong and Shanghai Banking Corporation Limited | ₹28 Cr | Open | |
| 16 Jun 2014 | 10504866 | The Hongkong and Shanghai Banking Corporation Limited | ₹87 Cr | Open | |
| 09 Aug 2017 | 100120376 | Others | ₹17.21 Lakh | Satisfied | |
| 02 Sep 2016 | 100049441 | Others | ₹6.07 Lakh | Satisfied |
To see the full charge records of J P Polymers Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
J P Polymers Private Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in March 2016.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Shau Trading Company Private Limited , Shubhkamna Holding Private Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2009 | Funding round | ₹95 Lakh | Investors: Shubhkamna Holding Private Limited , Shau Trading Company Private Limited |
To see the full deal history of J P Polymers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
J P Polymers Private Limited has 63 court cases on record: 62 filed by J P Polymers, 1 filed against it. 12 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 1 | 11 |
| High courts | 19 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Ags Visions Pvt. Ltd. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against Plast Technology India Pvt. Ltd. and 2 others | Pending |
| District court, West, Delhi | Commercial suit | Filed by the company against Elixir Trading Private Limited and 2 others | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed by the company against Um Autocomp Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against an individual | Pending |
To see the full case history of J P Polymers 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
J P Polymers Private Limited has 15 MSME Form 1 returns on record between 2019 and 2023, listing 1,182 overdue payments to 32 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 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Polyhose Kohyei India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Shree Arbuda Logistics Private Limited |
To see the full MSME payment records of J P Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
J P Polymers Private Limited has a workforce of 36 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
J P Polymers has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCJ4550A1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 06AABCJ4550A1Z5 | Haryana | Active | 01 Jul 2017 |
| 29AABCJ4550A1ZX | Karnataka | Active | 01 Jul 2017 |
| 33AABCJ4550A1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of J P Polymers Private Limited, buy the company report.
Recent activity
J P Polymers Private Limited has 7 board changes on record since 2004: 3 appointments and 4 cessations. The latest: Mita Jiten Mathuria ceased to be Director on 03 May 2021.
22 earlier events are in the company report.
Frequently asked questions
J P Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 21 September 2004 (22+ years old) and is registered under CIN U24134MH2004PTC148732.
J P Polymers has 3 current directors:
- Rishabh Rameshchandra Jain - Director
- Jiten Prataprai Mathuria - Director
- Hitesh Prakash Birawat - Director
The latest financial statements of J P Polymers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of J P Polymers is 27AABCJ4550A1Z1, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 06AABCJ4550A1Z5 (Haryana), 29AABCJ4550A1ZX (Karnataka), 33AABCJ4550A1Z8 (Tamil Nadu).
The CIN (Corporate Identification Number) of J P Polymers is U24134MH2004PTC148732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
J P Polymers has 63 court cases on record: 62 filed by the company and 1 filed against it. 12 are pending. Most are in the district courts.
J P Polymers was incorporated on 21 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
J P Polymers has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹2.98 Cr; the latest was in March 2016.
The peers of J P Polymers by revenue are Lila Polymers Private Limited, Meenakshi Polymers Private Limited, PNP Polymers Private Limited, Tradeimpex Polymers (India) Private Limited, Miku Polymers & Plastics Limited, all in the Chemicals industry (Polymers), with the same principal business activity (wholesale trading).
Mita Jiten Mathuria ceased to be Director on 03 May 2021. Hitesh Prakash Birawat ceased to be Additional Director on 30 Sep 2019. Rishabh Rameshchandra Jain ceased to be Additional Director on 30 Sep 2019. J P Polymers has 7 board changes on record in total.
Yes, J P Polymers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0012574).
J P Polymers has 15 MSME Form 1 returns on record between 2019 and 2023, listing 1,182 overdue payments to 32 micro and small suppliers. The latest return was filed on 15 Dec 2023.