About Mahashakti Polycoat Private Limited
Data last updated:
Mahashakti Polycoat Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the plastic-based products segment of the manufacturing sector. It was incorporated on 21 February 2011.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2011PTC064131. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Msc Polytarp Private Limited. It was led by directors Narayanprasad Mundhra and Amit Devkishan Baheti.
Its last annual general meeting (AGM) was held on 25 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at C/12 1st Floor Sumel Business Park B/H New Cloth Market Sarangpur, Ahmedabad, Gujarat, India – 380002.
As per the financials filed for FY 2023, the company reported a revenue of ₹88,870, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹1,290 (net margin -1.5%) and EBITDA of -₹1,290 (EBITDA margin -1.5%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 2% over five years.
As per MCA filings, the company had satisfied charges of ₹90 Lakh on record.
The last known website on record is mahashaktipolycoat.com.
Company details
Contact details
Mahashakti Polycoat Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mahashaktipolycoat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/12 1st Floor Sumel Business Park B/H New Cloth Market Sarangpur, Ahmedabad, Gujarat, India – 380002
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Mahashakti Polycoat 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 Mahashakti Polycoat Private Limited
FY 2023 filings availableMahashakti Polycoat Private Limited reported revenue of ₹88,870 (down 53% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 53% fall in the latest year. EBITDA fell 286% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1,290 | ||||
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| Net Profit (PAT) | -₹1,290 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -1.5% | ||||
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To see the full financial statements and ratios of Mahashakti Polycoat Private Limited, buy the company report.
Board of directors of Mahashakti Polycoat Private Limited
Mahashakti Polycoat has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanprasad Mundhra | Director | 21 Feb 2011 | 15 Years 8 Months | As last reported |
| Amit Devkishan Baheti Also directs: Loksevak Charitable Foundation | Director | 21 Feb 2011 | 15 Years 8 Months | As last reported |
Peer comparison
Mahashakti Polycoat Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VJT Tools Private Limited | ₹93,647 (FY 2025) | -81.0% | Varanasi, Uttar Pradesh, India | |||
| Bhiwadi Plastics Private Limited | ₹92,864 (FY 2024) | -99.0% | Jaipur, Rajasthan, India | |||
| Super Shell Industries Private Limited | ₹92,856 (FY 2020) | Mumbai, Maharashtra, India | ||||
| Blueflame Casting Private Limited | ₹92,000 (FY 2024) | Roorkee, Uttarakhand, India | ||||
| Reyansh Polymers Private Limited | ₹91,369 (FY 2025) | -50.0% | Ghaziabad, Uttar Pradesh, India | |||
| Mahashakti Polycoat Private Limitedthis company | ₹88,870 (FY 2023) | -₹1,290 | -1.5% | -53.0% | Ahmedabad, Gujarat, India | |
| Leatheroid Plastics Pvt Ltd | ₹86,925 (FY 2024) | -24.0% | New Delhi, Delhi, India | |||
| Simor-Tech Polymers Limited | ₹86,472 (FY 2024) | -97.0% | Jalgaon, Maharashtra, India | |||
| Ants Material Private Limited | ₹86,000 (FY 2023) | Vasai East, Maharashtra, India | ||||
| Elasto Plast Private Limited | ₹85,608 (FY 2022) | -14.0% | New Delhi, Delhi, India | |||
| New Hope Udyog Private Limited | ₹85,498 (FY 2025) | -40.0% | Behror, Rajasthan, India |
To see the full peer comparison of Mahashakti Polycoat Private Limited, buy the company report.
Auditor
Mahashakti Polycoat Private Limited is audited by KISHOR GOYAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHOR GOYAL & CO | FY 2020 | 008897N |
Shareholding
The shareholding of Mahashakti Polycoat Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
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| Others |
To see the full shareholding pattern of Mahashakti Polycoat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2011 | 10317417 | Punjab National Bank | ₹90 Lakh | Satisfied |
To see the full charge records of Mahashakti Polycoat Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mahashakti Polycoat Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Mahashakti Polycoat Private Limited was last rated by Icra on 16 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 Jul 2020 |
To see the full credit ratings and regulatory alerts of Mahashakti Polycoat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahashakti Polycoat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahashakti Polycoat has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mahashakti Polycoat Private Limited, buy the company report.
Recent activity
Mahashakti Polycoat Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Amit Devkishan Baheti was appointed as Director on 21 Feb 2011.
Frequently asked questions
Mahashakti Polycoat has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Mahashakti Polycoat was a private limited company based in Ahmedabad, Gujarat, India. The company worked in plastic-based products, within the manufacturing industry. It was incorporated on 21 February 2011 and is registered under CIN U25202GJ2011PTC064131. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Mahashakti Polycoat was incorporated on 21 February 2011. It is registered with the Registrar of Companies, Ahmedabad.
Mahashakti Polycoat had 2 directors:
- Narayanprasad Mundhra - Director
- Amit Devkishan Baheti - Director
The CIN (Corporate Identification Number) of Mahashakti Polycoat is U25202GJ2011PTC064131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mahashakti Polycoat is at C12 1st Floor Sumel Business Park BH New Cloth Market Sarangpur, Ahmedabad, Gujarat, India – 380002.
Mahashakti Polycoat can be reached through the website mahashaktipolycoat.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Mahashakti Polycoat on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 August 2023. Year-wise statements from 2015 are in the company report.
No. Mahashakti Polycoat has 1 GST registration on record and it is cancelled or inactive.
Mahashakti Polycoat operated in the manufacturing industry, in the plastic-based products segment.
The peers of Mahashakti Polycoat by revenue are VJT Tools Private Limited, Bhiwadi Plastics Private Limited, Super Shell Industries Private Limited, Blueflame Casting Private Limited, Reyansh Polymers Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).