MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-17-0054180
Mahavir Polymers Private Limited
Mahavir Polymers Private Limited - consumer goods in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.97 Cr
▲ 2% YoY
Net profit · FY 2025
₹45.78 Lakh
Net margin 0.8%
EBITDA · FY 2025
₹2.81 Cr
EBITDA margin 4.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹85.5 Lakh
Issued & subscribed
Open charges
₹16 Cr
Satisfied ₹1.31 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
87
Provident fund records
About Mahavir Polymers Private Limited
Data last updated:
Mahavir Polymers Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 31 December 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25191RJ1984PTC003176. Its GSTIN is 08AABCM6554F1ZG (Rajasthan).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85.5 Lakh. It is led by directors including Shikhar Chand Bairathi (Managing Director) and Vikas Bairathi (Whole-Time Director).
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 Fe – 16 – 17 Malviya Industrial Area, Jaipur, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.97 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹45.78 Lakh (net margin 0.8%) and EBITDA of ₹2.81 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company has about 87 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mahavir Polymers. As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹1.31 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it.
Mahavir Polymers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0054180). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25191RJ1984PTC003176
Registration Number 003176
Incorporation Date 31 December 1984
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-RJ-17-0054180
Key People
Shikhar Chand Bairathi Managing Director Vikas Bairathi Whole-Time Director Sushila Bairathi Director Recognitions & Rankings of Mahavir Polymers
Contact details
Mahavir Polymers Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFe – 16 – 17 Malviya Industrial Area, Jaipur, Rajasthan, India
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Mahavir Polymers Private Limited, buy the company report.
Comprehensive company report
Mahavir 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
Brands
Mahavir Polymers operates one associated brand: Mahavir Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| mahavirpolymers.in |
Business activity
The main business activity of Mahavir 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 Mahavir Polymers Private Limited, buy the company report.
Financials of Mahavir Polymers Private Limited
FY 2025 filings availableMahavir Polymers Private Limited reported revenue of ₹59.97 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹59.97 Cr ▲ 2%
Net profit · FY 2025
₹45.78 Lakh margin 0.8%
EBITDA · FY 2025
₹2.81 Cr margin 4.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 15%
5 years · compounded
▼ 11%
Revenue has grown at a compounded annual rate (CAGR) of 5% over three years, including 2% growth in the latest year. EBITDA fell 32% 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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| Total Expenses | |||||
| EBITDA | ₹2.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹45.78 Lakh | ||||
| 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 | 4.7% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mahavir Polymers Private Limited, buy the company report.
Board of directors of Mahavir Polymers Private Limited
Mahavir Polymers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Bairathi Also directs: Supreme Minerals Pvt Ltd | Whole-Time Director | 18 May 1998 | 28 Years 5 Months | Current |
| Sushila Bairathi | Director | 01 Apr 1986 | 40 Years 6 Months | Current |
| Shikhar Chand Bairathi Also directs: Supreme Minerals Pvt Ltd | Managing Director | 01 Apr 2015 | 11 Years 6 Months | Current |
Auditor
Mahavir Polymers Private Limited is audited by H.M. SINGHVI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.M. SINGHVI & CO. | FY 2023 | 001032C |
Shareholding
The shareholding of Mahavir 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 Mahavir Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16 Cr
Satisfied charges
₹1.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2001 | 90070756 | State Bank of India | ₹16 Cr | Open | |
| 25 Aug 1998 | 90070264 | State Bank of India | ₹50.25 Lakh | Satisfied | |
| 25 Jul 1998 | 90070249 | State Bank of India | ₹80.25 Lakh | Satisfied |
To see the full charge records of Mahavir Polymers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mahavir Polymers Private Limited has 14 court cases on record: 11 filed by Mahavir Polymers, 3 filed against it. All cases are disposed.
Total cases
14
Filed by the company
11
Filed against the company
3
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 3 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Revision petition | Filed by the company against M/S A-One Footarts Pvt Ltd | Disposed |
| High Court | Court case (CSTAY) | Filed by the company against M/S A-One Footarts Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Binny Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Binny Ltd., | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by Binny Limited | Disposed |
To see the full case history of Mahavir 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.
MSME payment delays
Mahavir Polymers Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 107 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Bunkar (India) Private Limited | |||
| Sarvottam Industries | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mahavir Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mahavir Polymers Private Limited has a workforce of 87 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
87
Active EPFO establishments
1
Employee growth
-23.68%
GST
Mahavir Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCM6554F1ZG | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahavir Polymers Private Limited, buy the company report.
Recent activity
Mahavir Polymers Private Limited has 4 board changes on record since 1986: 3 appointments and 1 cessation. The latest: Shikhar Chand Bairathi was appointed as Managing Director on 01 Apr 2015.
AGM
Mahavir Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 16.00 Cr registered on 12 Jul 2001 with Charge ID 90070756 was modified on 23 Apr 2025.
Filing
Mahavir Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge registered on 25 Aug 1998 via Charge ID 90070264 with State Bank Of India was fully satisfied on 25 Sep 2024.
Charges
A charge registered on 25 Jul 1998 via Charge ID 90070249 with State Bank Of India was fully satisfied on 25 Sep 2024.
Appointed
Shikhar Chand Bairathi was appointed as Managing Director.
Ceased
Vikas Bairathi ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 16.00 Cr with Charge ID 90070756 was registered on 12 Jul 2001.
Charges
A charge with State Bank Of India of Rs. 0.50 Cr registered on 25 Aug 1998 with Charge ID 90070264 was modified on 21 Mar 2001.
Charges
A charge with State Bank Of India of Rs. 0.80 Cr registered on 25 Jul 1998 with Charge ID 90070249 was modified on 15 Mar 2001.
Charges
A charge with State Bank Of India amounted to Rs. 0.50 Cr with Charge ID 90070264 was registered on 25 Aug 1998.
Charges
A charge with State Bank Of India amounted to Rs. 0.80 Cr with Charge ID 90070249 was registered on 25 Jul 1998.
3 earlier events are in the company report.
Frequently asked questions
Mahavir Polymers is an active private limited company based in Jaipur, Rajasthan, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 31 December 1984 (42+ years old) and is registered under CIN U25191RJ1984PTC003176.
Mahavir Polymers has 3 current directors:
- Shikhar Chand Bairathi - Managing Director
- Vikas Bairathi - Whole-Time Director
- Sushila Bairathi - Director
The latest financial statements of Mahavir 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 Mahavir Polymers is 08AABCM6554F1ZG, registered in Rajasthan.
The CIN (Corporate Identification Number) of Mahavir Polymers is U25191RJ1984PTC003176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir Polymers has 14 court cases on record: 11 filed by the company and 3 filed against it.
Mahavir Polymers was incorporated on 31 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Jaipur.
Shikhar Chand Bairathi was appointed as Managing Director on 01 Apr 2015. Vikas Bairathi ceased to be Director on 01 Apr 2015. Vikas Bairathi was appointed as Whole-Time Director on 18 May 1998. Mahavir Polymers has 4 board changes on record in total.
Yes, Mahavir Polymers is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0054180).
Mahavir Polymers has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 107 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 Oct 2019.
The registered office of Mahavir Polymers is at Fe – 16 – 17 Malviya Industrial Area, Jaipur, Rajasthan, India.