
About Lincon Polymers Private Limited
Data last updated:
Lincon Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 04 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U22203GJ1996PTC028973. Its GSTIN is 24AAACL4918P1Z7 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.45 Cr and a paid-up capital of ₹93.82 Lakh. It is led by directors including Pareshkumar Babulal Patel and Babubhai Kacharabhai Patel.
Its last annual general meeting (AGM) was held on 08 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹316.35 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹16.31 Cr (net margin 5.2%) and EBITDA of ₹44.6 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lincon Polymers. As per MCA filings, the company has open charges of ₹278.49 Cr and satisfied charges of ₹156.77 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 4 filed against it; 1 case is pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.64 Cr; the latest was in March 2024. Its 10 peer companies in the Packaging industry (Polymers, Woven Products) are compared by revenue, 5 larger and 5 smaller; the largest is Pashupati Laminators Private Limited with revenue of ₹327.57 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 linconpolymers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address508 – 515 The Capital – 2, Opp Serenity Lavish Science City, Ahmedabad, Gujarat, India – 380060
- IndustryPackaging, Woven Packaging Products
- 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 Lincon Polymers Private Limited
The main business activity of Lincon Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | 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 Lincon Polymers Private Limited FY 2026 filings available
Lincon Polymers Private Limited reported revenue of ₹316.35 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lincon Polymers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 10% growth in the latest year. EBITDA rose 24% 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 Lincon Polymers 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 | ₹44.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.31 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Lincon Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Lincon Polymers are in the company report.
Financial statements from 2015
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 Lincon Polymers Private Limited
Lincon Polymers Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Polymers, Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pashupati Laminators Private Limited | ₹327.57 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Eoc Polymers India Private Limited | ₹327.49 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Sonali Polymers Private Limited | ₹320.74 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
| East India Commercial Co Ltd | ₹317.53 Cr (FY 2017) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Sipani Fibres Limited | ₹316.38 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Lincon Polymers Private Limited this company | ₹316.35 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ahmedabad, Gujarat, India |
| Kamsons Polymers Limited | ₹312.65 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Shri Maa Polyfabs Limited | ₹308.64 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Ras Polytex Private Limited | ₹308 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Varanasi, Uttar Pradesh, India |
| Bilaspur Mining Industries Private Limited | ₹306.92 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| Psa Polymers Private Limited | ₹305.61 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Lincon Polymers by revenue in the Packaging industry (Polymers, Woven Products), 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 Lincon Polymers Private Limited
Lincon Polymers Private Limited is audited by K C MEHTA & CO LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K C MEHTA & CO LLP | 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 Lincon Polymers Private Limited
Lincon 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 |
|---|---|---|---|---|
| Pareshkumar Babulal Patel Also directs: Malay Exports Private Limited, Polymart Private Limited | Director | 25 Aug 1999 | 27 Years 1 Months | Current |
| Babubhai Kacharabhai Patel Also directs: Lincon Polyplast Private Limited | Director | 25 Aug 1999 | 27 Years 1 Months | Current |
| Malay Pareshbhai Patel | Director | 07 May 2026 | 0 Years 5 Months | Current |
Ownership and Shareholding of Lincon Polymers 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 Lincon Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2026 | Hdfc Bank Limited | ₹8.2 Cr | Open |
| 25 Mar 2026 | Hdfc Bank Limited | ₹1 Cr | Open |
| 27 Jan 2026 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open |
| 23 Jan 2026 | The Hongkong and Shanghai Banking Corporation Limited | ₹48.01 Cr | Open |
| 20 Jul 2021 | Hdfc Bank Limited | ₹207.66 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Lincon Polymers Private Limited
Lincon Polymers Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.64 Cr; the latest was in March 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Prabhavi Investment Private Limited, Ravi Industries, Bhavna Investment Pvt Ltd , an individual |
| May 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Feb 2007 | Funding round | ₹1.01 Cr | Investors: Rang Udyog Investments Private Limited, Bees Infracon Private Limited , Shelja Finlease Private Limited , an individual |
Full deal history
All 10 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 Lincon Polymers Private Limited
Lincon Polymers Private Limited has 12 court cases on record: 8 filed by Lincon Polymers, 4 filed against it. 1 case is pending and 11 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 1 |
| High courts | 4 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Lodhi Calcium Products Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Lodhi Calcium Products Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against SJM Agro Overseas Inc | Pending |
| NCLAT, New Delhi | Company appeal | Filed by the company against an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
Full case history
All 12 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 Lincon Polymers Private Limited
Lincon Polymers operates one associated brand: Lincon Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of PP woven and BOPP bags for packaging in multiple industries. | linconpolymers.com |
Employees and EPFO Compliance at Lincon Polymers Private Limited
Lincon Polymers Private Limited has a workforce of 78 employees as of Aug 08, 2025.
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.
CIN History of Lincon Polymers Private Limited
Lincon Polymers has one previous CIN (Corporate Identification Number): U17119GJ1996PTC028973. The current CIN is U22203GJ1996PTC028973, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22203GJ1996PTC028973 | Current |
| U17119GJ1996PTC028973 | Previous |
Recent Activity on Lincon Polymers Private Limited
Lincon Polymers Private Limited has 7 board changes on record since 1999: 3 appointments and 4 cessations. The latest: Malay Pareshbhai Patel was appointed as Director on 07 May 2026.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lincon Polymers 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 Lincon Polymers 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 Lincon Polymers 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 Lincon Polymers Private Limited
Lincon Polymers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL4918P1Z7 | Gujarat | Active | 01 Jul 2017 |
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 Lincon Polymers 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 Lincon Polymers Private Limited
Lincon Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 04 March 1996 (30+ years old) and is registered under CIN U22203GJ1996PTC028973.
Lincon Polymers reported revenue of ₹316.35 Cr for FY 2025 (up 10% YoY).
Lincon Polymers has 3 current directors:
- Pareshkumar Babulal Patel - Director
- Babubhai Kacharabhai Patel - Director
- Malay Pareshbhai Patel - Director
Lincon Polymers reported a net profit of ₹16.31 Cr (net margin 5.2%) and EBITDA of ₹44.6 Cr (EBITDA margin 14.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lincon Polymers is 1% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lincon Polymers is 24AAACL4918P1Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Lincon Polymers is U22203GJ1996PTC028973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lincon Polymers has 12 court cases on record: 8 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Lincon Polymers was incorporated on 04 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Lincon Polymers has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹7.64 Cr; the latest was in March 2024.
The peers of Lincon Polymers by revenue are Pashupati Laminators Private Limited, Eoc Polymers India Private Limited, Sonali Polymers Private Limited, East India Commercial Co Ltd, Sipani Fibres Limited and 5 more, all in the Packaging industry (Polymers, Woven Products).