MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0002290
Mewad Polymers Private Limited - packaging in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹59.19 Cr
▼ 7% YoY
Net profit · FY 2024
₹1.25 Cr
Net margin 2.1%
EBITDA · FY 2024
₹4.5 Cr
EBITDA margin 7.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7.54 Lakh
Issued & subscribed
Open charges
₹72.21 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
46
Provident fund records
About Mewad Polymers Private Limited
Data last updated:
Mewad Polymers Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Safeflex International Limited. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 09 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45100MP2009PTC021809. Its GSTIN is 23AAGCM0196A1ZZ (Madhya Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.54 Lakh. It is led by directors Rohit Bhokardankar and Ghanshyam Kumar Singh.
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 77 Ashish Nagar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹59.19 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Cr (net margin 2.1%) and EBITDA of ₹4.5 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹72.21 Cr on record. Court records list 48 cases involving the company, including 47 filed by the company and 1 filed against it; 1 case is pending.
Mewad Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0002290). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fibcmewad.com.
Company details
CIN U45100MP2009PTC021809
Registration Number 021809
Incorporation Date 09 April 2009
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Safeflex International Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0002290
CIN history
Mewad Polymers has one previous CIN (Corporate Identification Number): U25190MP2009PTC021809. The current CIN is U45100MP2009PTC021809, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MP2009PTC021809 | Current |
| U25190MP2009PTC021809 | Previous |
Recognitions & Rankings of Mewad Polymers
Contact details
Mewad Polymers Private Limited's registered office is in Indore, Madhya Pradesh. Its website is fibcmewad.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address77 Ashish Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Mewad Polymers Private Limited, buy the company report.
Comprehensive company report
Mewad 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 Mewad 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 Mewad Polymers Private Limited, buy the company report.
Financials of Mewad Polymers Private Limited
FY 2025 filings availableMewad Polymers Private Limited reported revenue of ₹59.19 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹59.19 Cr ▼ 7%
Net profit · FY 2024
₹1.25 Cr margin 2.1%
EBITDA · FY 2024
₹4.5 Cr margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 7%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 10%
5 years · compounded
▲ 5%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.25 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mewad Polymers Private Limited, buy the company report.
Board of directors of Mewad Polymers Private Limited
Mewad Polymers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Bhokardankar | Director | 16 Apr 2014 | 12 Years 6 Months | Current |
| Ghanshyam Kumar Singh | Director | 05 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Mewad Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Polymers, Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahavir Polymers Private Limited | ₹59.97 Cr (FY 2025) | 2.0% | Jaipur, Rajasthan, India | |||
| Mewad Polymers Private Limitedthis company | ₹59.19 Cr (FY 2024) | ₹1.25 Cr | 2.1% | -7.0% | 46 | Indore, Madhya Pradesh, India |
| Nutech Polymers Private Limited | ₹58.86 Cr (FY 2024) | -7.0% | Udaipur, Rajasthan, India | |||
| A.M.P. Polymers India Private Limited | ₹58.74 Cr (FY 2025) | 21.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Mewad Polymers Private Limited, buy the company report.
Auditor
Mewad Polymers Private Limited is audited by HARISH KHANDELWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH KHANDELWAL & CO | FY 2022 | 004116C |
Shareholding
The shareholding of Mewad Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mewad Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹72.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2024 | 100979652 | Others | ₹7.6 Cr | Open | |
| 30 Sep 2015 | 10619719 | State Bank of India | ₹47.11 Cr | Open | |
| 24 Jan 2015 | 10546733 | Axis Bank Limited | ₹17.5 Cr | Open |
To see the full charge records of Mewad Polymers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mewad Polymers Private Limited has 48 court cases on record: 47 filed by Mewad Polymers, 1 filed against it. 1 case is pending and 47 are disposed.
Total cases
48
Filed by the company
47
Filed against the company
1
Pending
1
Disposed
47
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 47 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Pending |
| District court, Kota, Rajasthan | Court case (Cr.Reg.Case) | Filed against the company by State | Disposed |
| High Court, GUJARAT | Court case (MCA) | Filed by the company against individuals | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Disposed |
| High Court, GUJARAT | Court case (MCA) | Filed by the company against individuals | Disposed |
To see the full case history of Mewad 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.
Credit ratings & regulatory alerts
Mewad Polymers Private Limited was last rated by Icra on 09 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 09 Mar 2021 |
To see the full credit ratings and regulatory alerts of Mewad Polymers Private Limited, buy the company report.
MSME payment delays
Mewad Polymers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kamdhenu Enterprise - New | |||
| an individual supplier | |||
| Omega Plasto Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mewad Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mewad Polymers Private Limited has a workforce of 46 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
-4.17%
GST
Mewad Polymers has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCM0196A1ZZ | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AAGCM0196A1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mewad Polymers Private Limited, buy the company report.
Recent activity
Mewad Polymers Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Pragyat Agrawal ceased to be Director on 24 Apr 2014.
AGM
Mewad Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mewad Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 760.00 Lakh with Charge ID 100979652 was registered on 27 Sep 2024.
Charges
A charge with Axis Bank Limited of Rs. 1,750.00 Lakh registered on 24 Jan 2015 with Charge ID 10546733 was modified on 30 Aug 2017.
Charges
A charge with State Bank Of India amounted to Rs. 4,711.00 Lakh with Charge ID 10619719 was registered on 30 Sep 2015.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,750.00 Lakh with Charge ID 10546733 was registered on 24 Jan 2015.
Ceased
Pragyat Agrawal ceased to be Director.
Appointed
Rohit Bhokardankar was appointed as Director.
Ceased
Jitesh Agrawal ceased to be Director.
Appointed
Ghanshyam Kumar Singh was appointed as Director.
Appointed
Jitesh Agrawal was appointed as Director.
Appointed
Pragyat Agrawal was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Mewad Polymers is an active private limited company based in Indore, Madhya Pradesh, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 09 April 2009 (17+ years old) and is registered under CIN U45100MP2009PTC021809.
Mewad Polymers has 2 current directors:
- Rohit Bhokardankar - Director
- Ghanshyam Kumar Singh - Director
The latest financial statements of Mewad 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 2015 are in the company report.
The GSTIN of Mewad Polymers is 23AAGCM0196A1ZZ, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAGCM0196A1ZX (Gujarat).
The CIN (Corporate Identification Number) of Mewad Polymers is U45100MP2009PTC021809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mewad Polymers has 48 court cases on record: 47 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Mewad Polymers was incorporated on 09 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mewad Polymers by revenue are Mahavir Polymers Private Limited, Nutech Polymers Private Limited, A.M.P. Polymers India Private Limited, all in the Packaging industry (Polymers, Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Pragyat Agrawal ceased to be Director on 24 Apr 2014. Rohit Bhokardankar was appointed as Director on 16 Apr 2014. Jitesh Agrawal ceased to be Director on 08 Mar 2014. Mewad Polymers has 6 board changes on record in total.
Yes, Mewad Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0002290).
Mewad Polymers has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Mewad Polymers can be reached through the website fibcmewad.com. Its registered office is in Indore, Madhya Pradesh, India.