
About Entremonde Polycoaters Limited
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Entremonde Polycoaters Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 20 February 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1968PLC013935. Its GSTIN is 27AAACE0944L1ZM (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹54 Lakh. It was formerly known as Entremonde Polyecoaters Limited and Entremonde Polyecoaters Private Limited. It is led by directors including Chandrakant Mohanlal Khetan (Managing Director) and Rajesh Sitaram Khetan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kohinoor Square B – Wing 29th Floor Unit No. 2904, N C Kelkar Marg Dadar (West) Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.16 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹6.91 Cr (net margin -11.9%) and EBITDA of -₹6.46 Cr (EBITDA margin -11.1%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 1% over five years.
The company has about 215 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Entremonde. As per MCA filings, the company has open charges of ₹126.5 Cr and satisfied charges of ₹75.56 Cr on record. Court records list 21 cases involving the company, including 19 filed by the company and 2 filed against it. The company has 11 deals on record (11 secondary share transfers); the latest was in September 2024. The company has 25 MSME Form 1 returns on record between 2019 and 2023, listing 523 overdue payments to 100 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website entremonde.com.
Company details
Name history
Entremonde Polycoaters has undergone 2 name changes throughout its history. The company was previously known as Entremonde Polyecoaters Limited, and Entremonde Polyecoaters Private Limited. The current legal name is Entremonde Polycoaters Limited.
| Company Name | Status |
|---|---|
| Entremonde Polycoaters Limited | Current |
| Entremonde Polyecoaters Limited | Previous |
| Entremonde Polyecoaters Private Limited | Previous |
Contact details
Entremonde Polycoaters Limited's registered office is in Mumbai, Maharashtra. Its website is entremonde.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressKohinoor Square B – Wing 29th Floor Unit No. 2904, N C Kelkar Marg Dadar (West) Mumbai, Maharashtra, India – 400028
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Entremonde Polycoaters 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
Entremonde Polycoaters operates one associated brand: Entremonde. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Signature management, military products, and industrial manufacturing in India. | entremonde.com |
Business activity
The main business activity of Entremonde Polycoaters 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 Entremonde Polycoaters Limited, buy the company report.
Financials of Entremonde Polycoaters Limited
FY 2025 filings availableEntremonde Polycoaters Limited reported revenue of ₹58.16 Cr (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 52% fall in the latest year. EBITDA fell 136% 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 | -₹6.46 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹6.91 Cr | ||||
| Balance Sheet | |||||
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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 | -11.1% | ||||
| Net Profit Margin | -11.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Entremonde Polycoaters Limited, buy the company report.
Board of directors of Entremonde Polycoaters Limited
Entremonde Polycoaters has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sitaram Khetan | Whole-Time Director | 01 Jan 1997 | 29 Years 9 Months | Current |
| Chandrakant Mohanlal Khetan Also directs: DGP Securities Limited, Baroda Superstore Private Limited | Managing Director | 01 Apr 2007 | 19 Years 6 Months | Current |
| Sunil Navinchandra Tripathi | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
| Jagruti Nilesh Samani | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
| Rita Chandrakant Khetan Also directs: Marelous Marketing and Trading Private Limited | Director | 12 Aug 2011 | 15 Years 2 Months | Current |
| Sonal Rajesh Khetan | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Entremonde Polycoaters Limited is audited by S Ramanand Aiyar And Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Ramanand Aiyar And Company | FY 2023 | 000990N |
Shareholding
The shareholding of Entremonde Polycoaters 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 Entremonde Polycoaters Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2022 | 100664006 | Others | ₹30 Cr | Open | |
| 15 Dec 2022 | 100664007 | Standard Chartered Bank | ₹34.5 Cr | Open | |
| 27 Nov 2020 | 100398667 | Hdfc Bank Limited | ₹62 Cr | Open | |
| 01 Aug 2022 | 100605290 | Others | ₹6.45 Cr | Satisfied | |
| 02 Feb 2021 | 100450461 | Others | ₹2.87 Cr | Satisfied |
To see the full charge records of Entremonde Polycoaters Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Entremonde Polycoaters Limited has 11 deals on record (11 secondary share transfers); the latest was in September 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Ruchi & Co HUF |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Khetan Family Trust, 3 individuals Seller: Vijay & Co HUF, an individual |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Entremonde Exim Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Entremonde Polycoaters 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
Entremonde Polycoaters Limited has 21 court cases on record: 19 filed by Entremonde Polycoaters, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 0 | 0 |
| High courts | 9 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Transfer Application) | Filed by the company against Ms.Coastal Marine Construction and Engineering Ltd. 1 and 14 others | Disposed |
| High Court | Court case (COP) | Filed by the company against M/S Todi Impex Pvt Ltd | Disposed |
| High Court | Court case (COAP) | Filed by the company against M/S Todi Impex Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed by the company against Alpha Foam Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Ms Sagacious Technologies Ltd. and 20 others | Disposed |
To see the full case history of Entremonde Polycoaters 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
Entremonde Polycoaters Limited has 25 MSME Form 1 returns on record between 2019 and 2023, listing 523 overdue payments to 100 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 100)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Swissol Specialities Private Limited | |||
| Tiktok Consultants LLP | |||
| Minitek Systems India Private Limited | |||
| Alc Skicorp Thermoadhesives Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Entremonde Polycoaters Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Entremonde Polycoaters Limited has a workforce of 215 employees on its EPFO records as of Oct 10, 2025, across 2 active EPFO establishments.
GST
Entremonde Polycoaters has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE0944L1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Entremonde Polycoaters Limited, buy the company report.
Recent activity
Entremonde Polycoaters Limited has 14 board changes on record since 1972: 10 appointments and 4 cessations. The latest: Jagruti Nilesh Samani was appointed as Director on 27 Aug 2021.
40 earlier events are in the company report.
Frequently asked questions
Entremonde Polycoaters is an active public limited company based in Mumbai, Maharashtra, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 20 February 1968 (58+ years old) and is registered under CIN U25200MH1968PLC013935.
Entremonde Polycoaters has 6 current directors:
- Chandrakant Mohanlal Khetan - Managing Director
- Rajesh Sitaram Khetan - Whole-Time Director
- Sunil Navinchandra Tripathi - Director
- Jagruti Nilesh Samani - Director
- Rita Chandrakant Khetan - Director
- Sonal Rajesh Khetan - Director
The latest financial statements of Entremonde Polycoaters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Entremonde Polycoaters is 27AAACE0944L1ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Entremonde Polycoaters is U25200MH1968PLC013935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Entremonde Polycoaters has 21 court cases on record: 19 filed by the company and 2 filed against it. Most are in the district courts.
Entremonde Polycoaters was incorporated on 20 February 1968, making it 58+ years old. It is registered with the Registrar of Companies, Mumbai.
Entremonde Polycoaters has 11 deals on record (11 secondary share transfers); the latest was in September 2024.
Jagruti Nilesh Samani was appointed as Director on 27 Aug 2021. Sunil Navinchandra Tripathi was appointed as Director on 27 Aug 2021. Sonal Rajesh Khetan was appointed as Director on 01 Feb 2019. Entremonde Polycoaters has 14 board changes on record in total.
Entremonde Polycoaters has 25 MSME Form 1 returns on record between 2019 and 2023, listing 523 overdue payments to 100 micro and small suppliers. The latest return was filed on 25 Oct 2023.
Entremonde Polycoaters can be reached through the website entremonde.com. Its registered office is in Mumbai, Maharashtra, India.