MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0031743
Polymer Enterprises (India) Private Limited
Polymer Enterprises (India) Private Limited - trading in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.58 Cr
▼ 1% YoY
Net profit · FY 2024
₹1.34 Cr
Net margin 29.2%
EBITDA · FY 2024
₹2.05 Cr
EBITDA margin 44.7%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹30.49 Lakh
Issued & subscribed
Open charges
₹14 Cr
Satisfied ₹10.89 Cr
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings
About Polymer Enterprises (India) Private Limited
Data last updated:
Polymer Enterprises (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 15 April 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1998PTC114467. Its GSTIN is 27AABCV1708N2Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹30.49 Lakh. It was formerly known as Polymer Enterprises 9India0 Private Limited C N and Vanessa Enterprises Private Limited. It is led by directors including Jaykumar Manakchand Bothra (Whole-Time Director) and Dhanpat Raj Jain (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 604 – B Cello Triumph I.B. Patel Road Plot No. 11 Goregaon (E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.58 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 29.2%) and EBITDA of ₹2.05 Cr (EBITDA margin 44.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹10.89 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.
Polymer Enterprises (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0031743). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51900MH1998PTC114467
Registration Number 114467
Incorporation Date 15 April 1998
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
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0031743
Name history
Polymer Enterprises (India) has undergone 2 name changes throughout its history. The company was previously known as Polymer Enterprises 9India0 Private Limited C N, and Vanessa Enterprises Private Limited. The current legal name is Polymer Enterprises (India) Private Limited.
| Company Name | Status |
|---|---|
| Polymer Enterprises (India) Private Limited | Current |
| Polymer Enterprises 9India0 Private Limited C N | Previous |
| Vanessa Enterprises Private Limited | Previous |
Key People
Jaykumar Manakchand Bothra Whole-Time Director Dhanpat Raj Jain Whole-Time Director Prem Sukh Bothra Director Recognitions & Rankings of Polymer Enterprises (India)
Contact details
Polymer Enterprises (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address604 – B Cello Triumph I.B. Patel Road Plot No. 11 Goregaon (E), Mumbai, Maharashtra, India – 400063
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Polymer Enterprises (India) Private Limited, buy the company report.
Comprehensive company report
Polymer Enterprises (India) 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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Business activity
The main business activity of Polymer Enterprises (India) is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Polymer Enterprises (India) Private Limited, buy the company report.
Financials of Polymer Enterprises (India) Private Limited
FY 2025 filings availablePolymer Enterprises (India) Private Limited reported revenue of ₹4.58 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹4.58 Cr ▼ 1%
Net profit · FY 2024
₹1.34 Cr margin 29.2%
EBITDA · FY 2024
₹2.05 Cr margin 44.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 6%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 9%
5 years · compounded
▲ 19%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.34 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.7% | ||||
| Net Profit Margin | 29.2% | ||||
| 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 Polymer Enterprises (India) Private Limited, buy the company report.
Board of directors of Polymer Enterprises (India) Private Limited
Polymer Enterprises (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaykumar Manakchand Bothra | Whole-Time Director | 24 May 2001 | 25 Years 5 Months | Current |
| Dhanpat Raj Jain Also directs: Pratham Telecom India Private Limited | Whole-Time Director | 06 Aug 2001 | 25 Years 2 Months | Current |
| Prem Sukh Bothra | Director | 24 May 2001 | 25 Years 5 Months | Current |
Peer comparison
Polymer Enterprises (India) Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Plating Products Ind Private Limited | ₹4.6 Cr (FY 2025) | 231.0% | Mumbai, Maharashtra, India | |||
| H.P.Singh Machinery Pvt Ltd | ₹4.59 Cr (FY 2023) | -14.0% | Kolkata, West Bengal, India | |||
| Auden Lights Private Limited | ₹4.59 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| PSDN Technology Private Limited | ₹4.59 Cr (FY 2025) | -10.0% | Kolkata, West Bengal, India | |||
| Manchanda Brothers Private Limited | ₹4.59 Cr (FY 2025) | 944.0% | New Delhi, Delhi, India | |||
| Polymer Enterprises (India) Private Limitedthis company | ₹4.58 Cr (FY 2024) | ₹1.34 Cr | 29.2% | -1.0% | Mumbai, Maharashtra, India | |
| Raunaq Fasteners Private Limited | ₹4.58 Cr (FY 2024) | -2.0% | New Delhi, Delhi, India | |||
| Aegisco Remedies Private Limited | ₹4.58 Cr (FY 2025) | 8.0% | Ludhiana, Punjab, India | |||
| Ubiworld Technology Private Limited | ₹4.58 Cr (FY 2025) | -11.0% | Delhi, India | |||
| Hightop Trading Private Limited | ₹4.58 Cr (FY 2025) | -92.0% | Delhi, India | |||
| Landmark Surgical Private Limited | ₹4.58 Cr (FY 2025) | 55.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Polymer Enterprises (India) Private Limited, buy the company report.
Auditor
Polymer Enterprises (India) Private Limited is audited by Jain & Kothari Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain & Kothari Chartered Accountants | FY 2023 | 103870W |
Shareholding
The shareholding of Polymer Enterprises (India) 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 Polymer Enterprises (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Cr
Satisfied charges
₹10.89 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2021 | 100431888 | Yes Bank Limited | ₹7 Cr | Open | |
| 26 Feb 2021 | 100425262 | Yes Bank Limited | ₹7 Cr | Open | |
| 24 Mar 2015 | 10569613 | Kotak Mahindra Bank Limited | ₹5.5 Cr | Satisfied | |
| 06 Jul 2010 | 10228814 | Icici Bank Limited | ₹5 Cr | Satisfied | |
| 07 Nov 2002 | 90144159 | Global Trust Bank Ltd. | ₹35 Lakh | Satisfied |
To see the full charge records of Polymer Enterprises (India) Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Polymer Enterprises (India) Private Limited has 6 court cases on record: 3 filed by Polymer Enterprises (India), 3 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| High courts | 3 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Mewalal S Verma Proprietor of M/S Space Age Plastic Industries | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CAW) | Filed by the company against Bhanukant Complex Co-Operative Housing Society Ltd. and Ors. | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Bhanukant Complex Co-Operative Housing Society Ltd. | Disposed |
To see the full case history of Polymer Enterprises (India) 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
No delayed payments to MSME suppliers are on our record for Polymer Enterprises (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Polymer Enterprises (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV1708N2Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polymer Enterprises (India) Private Limited, buy the company report.
Recent activity
Polymer Enterprises (India) Private Limited has 5 board changes on record since 2001: 3 appointments and 2 cessations. The latest: Dhanpat Raj Jain ceased to be Director on 01 Jun 2016.
AGM
Polymer Enterprises (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polymer Enterprises (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 24 Mar 2015 via Charge ID 10569613 with Kotak Mahindra Bank Limited was fully satisfied on 23 Jul 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 100431888 was registered on 23 Mar 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 700.00 Lakh with Charge ID 100425262 was registered on 26 Feb 2021.
Ceased
Dhanpat Raj Jain ceased to be Director.
Ceased
Jaykumar Manakchand Bothra ceased to be Director.
Charges
A charge registered on 06 Jul 2010 via Charge ID 10228814 with Icici Bank Limited was fully satisfied on 06 Jul 2015.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 550.00 Lakh with Charge ID 10569613 was registered on 24 Mar 2015.
Charges
A charge with Icici Bank Limited of Rs. 500.00 Lakh registered on 06 Jul 2010 with Charge ID 10228814 was modified on 01 Oct 2012.
Charges
A charge with Icici Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 10228814 was registered on 06 Jul 2010.
Charges
A charge registered on 28 Feb 2002 via Charge ID 90146277 with Fiat Sundaram Auto Finance Ltd. was fully satisfied on 27 Sep 2007.
7 earlier events are in the company report.
Frequently asked questions
Polymer Enterprises (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 15 April 1998 (28+ years old) and is registered under CIN U51900MH1998PTC114467.
Polymer Enterprises (India) has 3 current directors:
- Jaykumar Manakchand Bothra - Whole-Time Director
- Dhanpat Raj Jain - Whole-Time Director
- Prem Sukh Bothra - Director
The latest financial statements of Polymer Enterprises (India) 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 Polymer Enterprises (India) is 27AABCV1708N2Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Polymer Enterprises (India) is U51900MH1998PTC114467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polymer Enterprises (India) has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Polymer Enterprises (India) was incorporated on 15 April 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Polymer Enterprises (India) by revenue are Plating Products Ind Private Limited, H.P.Singh Machinery Pvt Ltd, Auden Lights Private Limited, PSDN Technology Private Limited, Manchanda Brothers Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Dhanpat Raj Jain ceased to be Director on 01 Jun 2016. Jaykumar Manakchand Bothra ceased to be Director on 01 Jun 2016. Dhanpat Raj Jain was appointed as Whole-Time Director on 06 Aug 2001. Polymer Enterprises (India) has 5 board changes on record in total.
Yes, Polymer Enterprises (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0031743).
The registered office of Polymer Enterprises (India) is at 604 – B Cello Triumph I.B. Patel Road Plot No. 11 Goregaon E, Mumbai, Maharashtra, India – 400063.
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