Vazir Polymers Private Limited

Vazir Polymers Private Limited - trading in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U17120MH1990PTC058504 Incorporated 11 October 1990 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2025
₹2.4 Lakh
▼ 99.63% YoY
Net loss · FY 2025
₹1.47 Cr
Latest filing
EBITDA · FY 2025
-₹1.47 Cr
Latest filing
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.65 Cr
Issued & subscribed
Open charges
₹20 Lakh
Satisfied ₹13.1 Cr
Company age
36 yrs
Est. 1990
Directors on board
2
As per MCA filings

About Vazir Polymers Private Limited

Data last updated:

Vazir Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 11 October 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1990PTC058504. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.65 Cr. It was formerly known as Vazir Polymers Limited. It is led by directors Amritlal Devichand Jain (Managing Director) and Dhruvi Amritlal Jaiin.

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 707 Hubtown Solaris 7th Floor Opp.Telli Galli N.S.Phadke Marg, Mumbai, Maharashtra, India – 400069.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.4 Lakh. For the same year it recorded a net loss of ₹1.47 Cr and EBITDA of -₹1.47 Cr. Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 17% over five years.

As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹13.1 Cr on record. Court records list 20 cases involving the company, including 16 filed by the company and 4 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17120MH1990PTC058504
Registration Number 058504
Incorporation Date 11 October 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Vazir Polymers has one previous CIN (Corporate Identification Number): U17120MH1990PLC058504. The current CIN is U17120MH1990PTC058504, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17120MH1990PTC058504Current
U17120MH1990PLC058504Previous

Contact details

Vazir Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    707 Hubtown Solaris 7th Floor Opp.Telli Galli N.S.Phadke Marg, Mumbai, Maharashtra, India – 400069
  • Industry
    Trading, Other Wholesale, Wholesale

To see the full contact details of Vazir Polymers Private Limited, buy the company report.

Comprehensive company report
Vazir 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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Financials of Vazir Polymers Private Limited

FY 2025 filings available

Vazir Polymers Private Limited reported revenue of ₹2.4 Lakh for FY 2025.

Revenue · FY 2025
₹2.4 Lakh
Net loss · FY 2025
₹1.47 Cr
EBITDA · FY 2025
-₹1.47 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 33%
5 years · compounded
▼ 17%
EBITDA CAGR growth
3 years · compounded
▼ 183%
5 years · compounded
▼ 114%

Revenue has declined at a compounded annual rate (CAGR) of 17% over five years. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.47 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.47 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
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 Vazir Polymers Private Limited, buy the company report.

Board of directors of Vazir Polymers Private Limited

Vazir Polymers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhruvi Amritlal JaiinDirector01 Oct 201016 Years 1 MonthsCurrent
Amritlal Devichand JainManaging Director01 Aug 199630 Years 3 MonthsCurrent

Peer comparison

Vazir Polymers Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Polymers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bhavik Polymers Private Limited₹2.56 Lakh (FY 2024)-97.0%Delhi, India
Vazir Polymers Private Limitedthis company₹2.4 Lakh (FY 2025)-₹1.47 CrMumbai, Maharashtra, India
Jaig Polymers Limited₹2.34 Lakh (FY 2020)-43.0%Prayagraj, Uttar Pradesh, India
Nitin Polymers Pvt Ltd₹2.25 Lakh (FY 2020)4.0%Mumbai, Maharashtra, India

To see the full peer comparison of Vazir Polymers Private Limited, buy the company report.

Auditor

Vazir Polymers Private Limited is audited by Rishabh S. Vora & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Rishabh S. Vora & CoFY 2023153261W

Shareholding

The shareholding of Vazir 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vazir Polymers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹20 Lakh
Satisfied charges
₹13.1 Cr
Breakdown by lending institutions
State Bank of India₹13.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 May 200490214098State Bank of India₹20 LakhSatisfied
29 Sep 199890213260State Bank of India₹12.9 CrSatisfied

To see the full charge records of Vazir Polymers Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Vazir Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Vazir Polymers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Vazir Polymers Private Limited, buy the company report.

Recent activity

Vazir Polymers Private Limited has 14 board changes on record since 1996: 8 appointments and 6 cessations. The latest: Dhruvi Amritlal Jaiin was appointed as Director on 01 Oct 2010.

AGM
Vazir Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vazir Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 25 May 2004 via Charge ID 90214098 with State Bank Of India was fully satisfied on 03 Oct 2024.
Charges
A charge registered on 29 Sep 1998 via Charge ID 90213260 with State Bank Of India was fully satisfied on 24 Jan 2017.
Charges
A charge with State Bank Of India of Rs. 12.90 Cr registered on 29 Sep 1998 with Charge ID 90213260 was modified on 10 Dec 2010.
Appointed
Dhruvi Amritlal Jaiin was appointed as Director.
Ceased
Lalitkumar Harilal Jain ceased to be Director.
Ceased
Shaitansingh Malsingh Sendla ceased to be Director.
Ceased
Shantilal Devichand Jain ceased to be Director.
Ceased
Manish Madhukant Shah ceased to be Director.
Ceased
Manish Mangilal Jain ceased to be Director.
Appointed
Manish Mangilal Jain was appointed as Director.

10 earlier events are in the company report.

Frequently asked questions

Vazir Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 11 October 1990 (36+ years old) and is registered under CIN U17120MH1990PTC058504.

Vazir Polymers has 2 current directors:

The latest financial statements of Vazir 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.

No. Vazir Polymers has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Vazir Polymers is U17120MH1990PTC058504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vazir Polymers has 20 court cases on record: 16 filed by the company and 4 filed against it. Most are in the high courts.

Vazir Polymers was incorporated on 11 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Vazir Polymers by revenue are Bhavik Polymers Private Limited, Jaig Polymers Limited, Nitin Polymers Pvt Ltd, all in the Chemicals industry (Polymers), with the same principal business activity (wholesale trading).

Dhruvi Amritlal Jaiin was appointed as Director on 01 Oct 2010. Lalitkumar Harilal Jain ceased to be Director on 01 Oct 2010. Shaitansingh Malsingh Sendla ceased to be Director on 01 Oct 2010. Vazir Polymers has 14 board changes on record in total.

The registered office of Vazir Polymers is at 707 Hubtown Solaris 7th Floor Opp.Telli Galli N.S.Phadke Marg, Mumbai, Maharashtra, India – 400069.

Vazir Polymers operates in the trading industry, in the other wholesale segment.