Muscat Polymers Pvt Ltd - Company Profile

It is a manufacturing private limited company based in Rajkot, Gujarat, India, established in 1994.
1994 Rajkot, Gujarat, India Active
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About Muscat Polymers Pvt Ltd

Muscat Polymers Pvt Ltd, a active private limited company, was established on 01 February 1994 in Rajkot, Gujarat, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U17119GJ1994PTC021183. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹9.00 Cr and a paid-up capital of ₹8.67 Cr.

It upholds a compliant status. Employing 104 professional, Its leadership includes Shrenik Rajivkumar Doshi (Director), Niraj Kishorbhai Doshi (Whole-Time Director), Minaxi Madhookar Kothary (Director). Past directors included Piyush Ramjibhai Gajera, Madhookar Ramniklal Kothary, Vishal Madhookar Kothary. It holds ₹114.66 Cr open charges and ₹47.35 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Doshi Corporate Park,Plot No.3,C.S No.3320/E-3,Nr. Utkarsh School,Opp.Satnam Hospital,Aksha, R Marg End, Rajkot, Gujarat, 360001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17119GJ1994PTC021183

  • Registration Number

    021183

  • Incorporation Date

    01 February 1994

  • Authorized Capital

    ₹9.00 Cr

  • Paid-Up Capital

    ₹8.67 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.67 Cr
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 114.66 Cr
  • Satisfied Charges ₹ 47.35 Cr
  • Revenue Growth **** 16.00%
  • Profit Growth **** 157.44%
  • Ebitda **** 114.92%
  • Net Worth 6.86%
  • Total Assets **** 11.89%
Company report

Muscat Polymers Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Muscat Polymers Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Muscat Polymers Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Shrenik Rajivkumar Doshi Director 01 Jul 2014 Current
Niraj Kishorbhai Doshi Whole-Time Director 01 Apr 1998 Current
Minaxi Madhookar Kothary Director 01 Apr 1998 Current
Rajivkumar Kishorchandra Doshi Director 01 Apr 1998 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Apr 2009 Past
Pramod Abcsdd Director 24 Oct 2011 Past
Pramod Abcsdd Director 04 Jun 2022 Past

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Financial Performance of Muscat Polymers.

Muscat Polymers Pvt Ltd, for the financial year ended 2025, experienced significant growth in revenue, with a 16% increase. The company also saw a substantial improvement in profitability, with a 157.44% increase in profit. The company's net worth moved up by a moderate rise of 6.86%.

Muscat Polymers revenue growth over time
Muscat Polymers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 16.00%
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Revenue from Operations
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 18.29%
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*******
*******
Total Assets
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 11.89%
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*******
*******
*******
Profit or Loss
*******
 157.44%
*******
*******
*******
*******
Net Worth
*******
 6.86%
*******
*******
*******
*******
EBITDA
*******
 114.92%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Muscat Polymers?

In 2025, Muscat Polymers had a promoter holding of 43.00% and a public holding of 18.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,146,566,000.00

Satisfied Charges

₹473,500,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 114.66 Cr
Latest Charge Details
Date Lender Amount Status
27 Dec 2013 Hdfc Bank Limited ₹57.33 Cr Open
27 Sep 2013 Hdfc Bank Limited ₹57.33 Cr Open
29 Sep 2008 Development Credit Bank Limited ₹1.00 M Satisfied
03 Jun 2006 Development Credit Bank Limited ₹23.63 Cr Satisfied
09 Jan 2006 Development Credit Bank Limited ₹23.63 Cr Satisfied

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How Many Employees Work at Muscat Polymers?

Muscat Polymers has a workforce of 104 employees as of Sep 23, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muscat Polymers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Muscat Polymers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Muscat Polymers
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Muscat Polymers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Muscat Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 57.33 Cr registered on 27 Dec 2013 with Charge ID 10468408 was modified on 07 Oct 2024. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 57.33 Cr registered on 27 Sep 2013 with Charge ID 10452444 was modified on 25 Sep 2024. was recorded as a recent event.

  • Director Appointment

    The activity Shrenik Rajivkumar Doshi was appointed as a Director was appointed as a Director on 01 Jul 2014 & has been associated with this company since 11 years 8 months . was completed.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 57.33 Cr with Charge ID 10468408 was registered on 27 Dec 2013. was documented.

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Frequently Asked Questions
What is the CIN of Muscat Polymers Pvt Ltd?

The CIN of Muscat Polymers Pvt Ltd is U17119GJ1994PTC021183.

Where is Muscat Polymers Pvt Ltd headquartered?

Muscat Polymers Pvt Ltd is headquartered at Doshi Corporate Park,Plot No.3,C.S No.3320/E-3,Nr. Utkarsh School,Opp.Satnam Hospital,Aksha, R Marg End, Rajkot, Gujarat, 360001.

When was Muscat Polymers Pvt Ltd incorporated?

Muscat Polymers Pvt Ltd was incorporated on 01 February 1994.

Who are the current directors of Muscat Polymers Pvt Ltd?

The current directors of Muscat Polymers Pvt Ltd are

What is the primary industry of Muscat Polymers Pvt Ltd?

The primary industry of Muscat Polymers Pvt Ltd is Manufacturing.

Is Muscat Polymers Pvt Ltd a listed company?

Muscat Polymers Pvt Ltd is unlisted.

What is the capital structure of Muscat Polymers Pvt Ltd?

The authorized capital of Muscat Polymers Pvt Ltd is ₹9.00 Cr, and the paid-up capital is ₹8.67 Cr.

What is the compliance status of Muscat Polymers Pvt Ltd?

The compliance status of Muscat Polymers Pvt Ltd is Compliant.

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