Pi Rubber Private Limited
About Pi Rubber Private Limited
Data last updated:
Pi Rubber Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Polybond (India) Pvt Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the rubber-based products segment of the manufacturing sector. It was incorporated on 11 December 2015.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U25190PN2015PTC157529. Its GSTIN is 27AAICP4066C1ZH (Maharashtra).
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.45 Cr. It was led by directors Srikumar Dhandapani and Adit Madhusudan Rathi.
Its last annual general meeting (AGM) was held on 27 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office was at Gaia Apex Sr.No.33/1/1/2 Plot – D First Floor Viman Nagar, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.44 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹5.13 Lakh (net margin 79.6%) and EBITDA of ₹5.46 Lakh (EBITDA margin 84.9%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 37% over five years.
Company details
Contact details
Pi Rubber Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGaia Apex Sr.No.33/1/1/2 Plot – D First Floor Viman Nagar, Pune, Maharashtra, India – 411014
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Pi Rubber 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
Financials of Pi Rubber Private Limited
FY 2025 filings availablePi Rubber Private Limited reported revenue of ₹6.44 Lakh (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 71% fall in the latest year. EBITDA rose 377% 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 | ₹5.46 Lakh | ||||
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| Net Profit (PAT) | ₹5.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 84.9% | ||||
| Net Profit Margin | 79.6% | ||||
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To see the full financial statements and ratios of Pi Rubber Private Limited, buy the company report.
Board of directors of Pi Rubber Private Limited
Pi Rubber has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikumar Dhandapani | Director | 28 Jul 2023 | 3 Years 3 Months | As last reported |
| Adit Madhusudan Rathi Also directs: Eversure Medical Private Limited, Polybond (India) Pvt Ltd, Polybond (India) Pvt Ltd and 4 more | Director | 11 Dec 2015 | 10 Years 10 Months | As last reported |
Peer comparison
Pi Rubber Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Rubber, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swastik Plastomers Private Limited | ₹7.23 Lakh (FY 2025) | 100.0% | New Delhi, Delhi, India | |||
| Mahath Industries Private Limited | ₹6.58 Lakh (FY 2025) | -21.0% | Nagercoil, Tamil Nadu, India | |||
| Pi Rubber Private Limitedthis company | ₹6.44 Lakh (FY 2025) | ₹5.13 Lakh | 79.6% | -71.0% | Pune, Maharashtra, India | |
| Apollo Rubbers Private Limited | ₹6.37 Lakh (FY 2024) | -84.0% | Uttar Pradesh, India | |||
| Crown Electronics and Polymers Private Limited | ₹6.16 Lakh (FY 2016) | -65.0% | Pune, Maharashtra, India |
To see the full peer comparison of Pi Rubber Private Limited, buy the company report.
Auditor
Pi Rubber Private Limited is audited by V K KARNANI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K KARNANI & CO | FY 2020 | 104861W |
Shareholding
The shareholding of Pi Rubber Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pi Rubber Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pi Rubber Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pi Rubber Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pi Rubber has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP4066C1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pi Rubber Private Limited, buy the company report.
Recent activity
Pi Rubber Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Srikumar Dhandapani ceased to be Additional Director on 30 Jul 2024.
Frequently asked questions
Pi Rubber 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.
Pi Rubber was a private limited company based in Pune, Maharashtra, India. The company worked in rubber-based products, within the manufacturing industry. It was incorporated on 11 December 2015 and is registered under CIN U25190PN2015PTC157529. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pi Rubber was incorporated on 11 December 2015. It is registered with the Registrar of Companies, Pune.
Pi Rubber had 2 directors:
- Srikumar Dhandapani - Director
- Adit Madhusudan Rathi - Director
The CIN (Corporate Identification Number) of Pi Rubber is U25190PN2015PTC157529. 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 Pi Rubber is at Gaia Apex Sr.No.33112 Plot – D First Floor Viman Nagar, Pune, Maharashtra, India – 411014.
The latest financial statements of Pi Rubber on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 August 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Pi Rubber is 27AAICP4066C1ZH, registered in Maharashtra.
Pi Rubber operated in the manufacturing industry, in the rubber-based products segment.
The peers of Pi Rubber by revenue are Swastik Plastomers Private Limited, Mahath Industries Private Limited, Apollo Rubbers Private Limited, Crown Electronics and Polymers Private Limited, all in the Manufacturing industry (Rubber, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Srikumar Dhandapani ceased to be Additional Director on 30 Jul 2024. Srikumar Dhandapani was appointed as Director on 28 Jul 2023. Sureshkumar Bhawarlal Purohit ceased to be Director on 28 Jul 2023. Pi Rubber has 4 board changes on record in total.
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