About Durga Polysters Private Limited
Data last updated:
Durga Polysters Private Limited was a private limited company based in Surat, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 March 1997.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U00064GJ1997PTC144316. Its GSTIN is 24AABCD3866F2ZT (Gujarat). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.28 Cr. It was formerly known as Durga Impex Private Limited. It was led by directors including Gopal Sultania and Kunj Bihari Ramautar Sultania.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Surat, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹229.21 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹17.85 Cr (net margin 7.8%) and EBITDA of ₹34.66 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 18% over five years.
The company had about 1,178 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹25.12 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company. The company has 15 deals on record (10 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹12.12 Cr; the latest was in October 2021. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 2 smaller; the largest is Amarjothi Spinning Mills Limited with revenue of ₹231.68 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 532 overdue payments to 94 micro and small suppliers.
The last known website on record is digitalprint.co.in.
Company details
CIN history
Durga Polysters has one previous CIN (Corporate Identification Number): U00064BR1997PTC007815. The current CIN is U00064GJ1997PTC144316, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00064GJ1997PTC144316 | Current |
| U00064BR1997PTC007815 | Previous |
Contact details
Durga Polysters Private Limited's registered office is in Surat, Gujarat. Its website is digitalprint.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 501 Icc Nr. Kadiwala School Ring Road, India, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Durga Polysters 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
Business activity
The main business activity of Durga Polysters is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Durga Polysters Private Limited, buy the company report.
Financials of Durga Polysters Private Limited
FY 2023 filings availableDurga Polysters Private Limited reported revenue of ₹229.21 Cr (up 63% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 63% growth in the latest year. EBITDA rose 44% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹229.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹34.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.85 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 7.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Durga Polysters Private Limited, buy the company report.
Board of directors of Durga Polysters Private Limited
Durga Polysters 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 |
|---|---|---|---|---|
| Gopal Sultania Also directs: Durga Processors Private Limited, Arrika Fibres Private Limited | Director | 30 Aug 2019 | 7 Years 1 Months | As last reported |
| Kunj Bihari Ramautar Sultania Also directs: Durga Engicon LLP, Durga Agro Park Private Limited, Durga Processors Private Limited and 2 more | Director | 26 Mar 1997 | 29 Years 6 Months | As last reported |
| Jitendrakumar Banwarilal Goswami Also directs: Durga Processors Private Limited | Director | 23 Jul 2020 | 6 Years 3 Months | As last reported |
Peer comparison
Durga Polysters Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amarjothi Spinning Mills Limited | ₹231.68 Cr (FY 2025) | 14.0% | Coimbatore, Tamil Nadu, India | |||
| Orbit Exports Ltd | ₹230.71 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Usha Yarns Limited | ₹230.32 Cr (FY 2024) | -6.0% | Punjab, India | |||
| Kanknarrah Company Limited | ₹229.55 Cr (FY 2025) | -25.0% | Kolkata, West Bengal, India | |||
| Freudenberg Performance Materials India Private Limited | ₹229.42 Cr (FY 2025) | 11.0% | Chennai, Tamil Nadu, India | |||
| Durga Polysters Private Limitedthis company | ₹229.21 Cr (FY 2023) | ₹17.85 Cr | 7.8% | 63.0% | 1,178 | Surat, Gujarat, India |
| Gomuki Spinning Mills Private Limited | ₹228.44 Cr (FY 2025) | 30.0% | Tirupur, Tamil Nadu, India | |||
| Mercury Fabrics Private Limited | ₹227.4 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Durga Polysters Private Limited, buy the company report.
Auditor
Durga Polysters Private Limited is audited by R Kejriwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Kejriwal & Co. | FY 2023 | 133558W |
Shareholding
The shareholding of Durga Polysters 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Durga Polysters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2012 | 10366983 | State Bank of Travancore | ₹66 Lakh | Satisfied | |
| 17 Nov 2011 | 10323133 | State Bank of Travancore | ₹3.15 Cr | Satisfied | |
| 17 Nov 2011 | 10323136 | State Bank of Travancore | ₹8.31 Cr | Satisfied | |
| 17 Nov 2011 | 10323142 | State Bank of Travancore | ₹1.62 Cr | Satisfied | |
| 17 Nov 2011 | 10323144 | State Bank of Travancore | ₹2.88 Cr | Satisfied |
To see the full charge records of Durga Polysters Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Durga Polysters Private Limited has 15 deals on record (10 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹12.12 Cr; the latest was in October 2021.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Funding round | ₹4.01 Cr | Investors: 3 individuals |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Durga Avenues Private Limited Seller: Devgriha Promoters Private Limited , Abhyudaya Builders Private Limited , Nivedan Realtors Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Devgriha Promoters Private Limited , Abhyudaya Builders Private Limited , Nivedan Realtors Private Limited Seller: Kanchan Commodeal Pvt.Ltd. , Nirdesh Trading Pvt Ltd , Jai Matadi Commodeal Private Limited |
| Nov 2009 | Funding round | ₹3.75 Cr | Investors: Kanchan Commodeal Pvt.Ltd. , Nirdesh Trading Pvt Ltd , Jai Matadi Commodeal Private Limited |
To see the full deal history of Durga Polysters 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
Durga Polysters Private Limited has 9 court cases on record: 9 filed by Durga Polysters. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| NCLT | 3 | 0 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COM. APPLIC) | Filed by the company against M/S Durga Tradecom Pvt.Ltd. | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (MA(CompaniesAct)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Sachin Ramprakash Khurana, Autho. Sign. of Shri Ganesh Textiles | Disposed |
To see the full case history of Durga Polysters 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
Durga Polysters Private Limited was last rated by Crisil on 18 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Nov 2020 |
To see the full credit ratings and regulatory alerts of Durga Polysters Private Limited, buy the company report.
MSME payment delays
Durga Polysters Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 532 overdue payments to 94 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 94)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Grover Fuels Private Limited | |||
| Aim Corp | |||
| Vapour Engineers | |||
| Accurate Transheat Pvt Ltd | |||
| Eurotex Chemicals |
To see the full MSME payment records of Durga Polysters Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Durga Polysters has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Durga Polysters Private Limited has a workforce of 1,178 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Durga Polysters has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD3866F2ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Durga Polysters Private Limited, buy the company report.
Recent activity
Durga Polysters Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Jitendrakumar Banwarilal Goswami was appointed as Director on 23 Jul 2020.
12 earlier events are in the company report.
Frequently asked questions
Durga Polysters has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Durga Polysters was a private limited company based in Surat, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 26 March 1997 and is registered under CIN U00064GJ1997PTC144316. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Durga Polysters was incorporated on 26 March 1997. It is registered with the Registrar of Companies, Ahmedabad.
Durga Polysters had 3 directors:
- Gopal Sultania - Director
- Kunj Bihari Ramautar Sultania - Director
- Jitendrakumar Banwarilal Goswami - Director
The CIN (Corporate Identification Number) of Durga Polysters is U00064GJ1997PTC144316. 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 Durga Polysters is at A – 501 Icc Nr. Kadiwala School Ring Road, India, Surat, Gujarat, India – 395002.
Durga Polysters can be reached through the website digitalprint.co.in. Its registered office is in Surat, Gujarat, India.
The latest financial statements of Durga Polysters on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Durga Polysters is 24AABCD3866F2ZT, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Durga Polysters operated in the manufacturing industry, in the textile and fabric production segment.
Durga Polysters has 15 deals on record (10 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹12.12 Cr; the latest was in October 2021.
The peers of Durga Polysters by revenue are Amarjothi Spinning Mills Limited, Orbit Exports Ltd, Usha Yarns Limited, Kanknarrah Company Limited, Freudenberg Performance Materials India Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).