About Pinaxis Polymer LLP
Data last updated:
Pinaxis Polymer LLP is a limited liability partnership (LLP) based in Ankleshwar, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 20 June 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAP-6962. Its GSTIN is 24AAXFP5750F1ZV (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Dineshbhai Devrajbhai Soliya and Heenaben Narendrabhai Kavathiya.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Plot No. 5107 GIDC Industrial Estate, Ankleshwar, Gujarat, India – 393002.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹42.89 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹28.47 Lakh (net margin -0.7%) and EBITDA of ₹5.03 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.
The LLP is associated with 1 brand: Pinaxis. As per MCA filings, the LLP has open charges of ₹2.42 Cr on record. Court records list 2 cases involving the LLP, including 2 filed by the LLP; 1 case is pending.
For more details, the LLP can be reached via its website rotomouldinggranules.com.
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- Registered AddressPlot No. 5107 GIDC Industrial Estate, Ankleshwar, Gujarat, India – 393002
- IndustryManufacturing, Plastic & Resins
- 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
- One PDF report, delivered after checkout
Financials of Pinaxis Polymer LLP FY 2025 filings available
Pinaxis Polymer LLP reported revenue of ₹42.89 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pinaxis Polymer LLP
Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 15% growth in the latest year. EBITDA fell 11% 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 of Pinaxis Polymer LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹42.89 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹28.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Pinaxis Polymer LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -0.7% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Pinaxis Polymer are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Pinaxis Polymer LLP
Pinaxis Polymer has 2 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshbhai Devrajbhai Soliya | Designated Partner | 08 Apr 2021 | 5 Years 6 Months | Current |
| Heenaben Narendrabhai Kavathiya | Designated Partner | 18 Feb 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Pinaxis Polymer LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pinaxis Polymer LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2021 | State Bank of India | ₹2.42 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Pinaxis Polymer LLP
Pinaxis Polymer LLP has 2 court cases on record: 2 filed by Pinaxis Polymer. 1 case is pending and 1 is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Bharuch, Gujarat | Court case (CR EN) | Filed by the company against New Surya Industries | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Pinaxis Polymer LLP
Pinaxis Polymer operates one associated brand: Pinaxis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of LLDPE Roto Moulding Powder and exports in India. | rotomouldinggranules.com |
Employees and EPFO Compliance at Pinaxis Polymer LLP
Employment history and EPFO contributions of people linked to Pinaxis Polymer.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Pinaxis Polymer LLP
Pinaxis Polymer LLP has 6 designated partner changes on record since 2021: 2 appointments and 4 cessations. The latest: Heenaben Narendrabhai Kavathiya was appointed as Designated Partner on 18 Feb 2023.
Credit Ratings, Litigation & Regulatory Alerts for Pinaxis Polymer LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pinaxis Polymer LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pinaxis Polymer LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pinaxis Polymer LLP
Pinaxis Polymer has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXFP5750F1ZV | Gujarat | Active | 23 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pinaxis Polymer LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pinaxis Polymer LLP
Pinaxis Polymer is an active limited liability partnership based in Ankleshwar, Gujarat, India. The LLP works in plastic and resins, within the manufacturing industry. It was incorporated on 20 June 2019 (7+ years old) and is registered under LLPIN AAP-6962.
Pinaxis Polymer reported revenue of ₹42.89 Cr for FY 2024 (up 15% YoY).
Pinaxis Polymer has 2 current designated partners:
- Dineshbhai Devrajbhai Soliya - Designated Partner
- Heenaben Narendrabhai Kavathiya - Designated Partner
Pinaxis Polymer reported a net loss of ₹28.47 Lakh (net margin -0.7%) and EBITDA of ₹5.03 Cr (EBITDA margin 11.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pinaxis Polymer is 47% over three years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pinaxis Polymer is 24AAXFP5750F1ZV, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Pinaxis Polymer is AAP-6962. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Pinaxis Polymer has 2 court cases on record: 2 filed by the LLP. 1 is pending.
Pinaxis Polymer was incorporated on 20 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Heenaben Narendrabhai Kavathiya was appointed as Designated Partner on 18 Feb 2023. Heenaben Narendrabhai Kavathiya ceased to be Designated Partner on 21 Jan 2022. Bhavin Rajeshbhai Gondaliya ceased to be Designated Partner on 08 Apr 2021. Pinaxis Polymer has 6 designated partner changes on record in total.