Polyrub Plastics Private Limited

Polyrub Plastics Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U25190MH2014PTC256303 Incorporated 22 July 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2024
₹40.21 Cr
▲ 24% YoY
Net profit · FY 2024
₹1.42 Cr
Net margin 3.5%
EBITDA · FY 2024
₹5.23 Cr
EBITDA margin 13%
Authorised capital
₹2.01 Cr
Registered with MCA
Paid-up capital
₹1.51 Cr
Issued & subscribed
Open charges
₹59.58 Cr
Satisfied ₹8 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
51
Provident fund records

About Polyrub Plastics Private Limited

Data last updated:

Polyrub Plastics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 22 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25190MH2014PTC256303. Its GSTIN is 27AAHCP7556L2ZP (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹1.51 Cr. It is led by directors including Vijay Jeevan Sujan and Harish Rewachand Sujan.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4 – A 4th Floor 898 Notan Plaza Turner Road Bandra West, Mumbai, Maharashtra, India – 400050.

As per the financials filed for FY 2024, the company reported a revenue of ₹40.21 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Cr (net margin 3.5%) and EBITDA of ₹5.23 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 26% over five years.

The company has about 51 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹59.58 Cr and satisfied charges of ₹8 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹1.98 Cr; the latest was in March 2022. Its 5 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 1 smaller; the largest is Rajdeep Plast-Tec Private Limited with revenue of ₹40.49 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 81 overdue payments to 6 micro and small suppliers.

Polyrub Plastics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0036217). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U25190MH2014PTC256303
Registration Number 256303
Incorporation Date 22 July 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0036217
Key People
Vijay Jeevan Sujan Director Harish Rewachand Sujan Director Jaiprakash Khanchand Vasdani Director

Recognitions & Rankings of Polyrub Plastics

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0036217

Contact details

Polyrub Plastics 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
    4 – A 4th Floor 898 Notan Plaza Turner Road Bandra West, Mumbai, Maharashtra, India – 400050
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Polyrub Plastics Private Limited, buy the company report.

Comprehensive company report
Polyrub Plastics 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 Polyrub Plastics is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Polyrub Plastics Private Limited, buy the company report.

Financials of Polyrub Plastics Private Limited

FY 2024 filings available

Polyrub Plastics Private Limited reported revenue of ₹40.21 Cr (up 24% YoY) for FY 2024.

Revenue · FY 2024
₹40.21 Cr ▲ 24%
Net profit · FY 2024
₹1.42 Cr margin 3.5%
EBITDA · FY 2024
₹5.23 Cr margin 13%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 13%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 27%
5 years · compounded
▲ 13%

Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 24% growth in the latest year. EBITDA rose 17% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations₹40.21 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.23 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.42 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13%
Net Profit Margin3.5%
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 Polyrub Plastics Private Limited, buy the company report.

Board of directors of Polyrub Plastics Private Limited

Polyrub Plastics has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay Jeevan Sujan
Also directs: Polyrub Rubbertech LLP, Shivheal Farming LLP, JNV Synergy LLP and 5 more
Director30 Mar 201511 Years 7 MonthsCurrent
Harish Rewachand Sujan
Also directs: Polyrub Rubbertech LLP, Mega Rubber Technologies Private Limited
Director30 Mar 201511 Years 7 MonthsCurrent
Jaiprakash Khanchand Vasdani
Also directs: Rubbertech Automotives LLP, Polyrub Rubbertech LLP, Shivheal Farming LLP and 5 more
Director30 Mar 201511 Years 7 MonthsCurrent
Neelkumar Rewachand Sujan
Also directs: Rubbertech Automotives LLP, Polyrub Rubbertech LLP, Shivheal Farming LLP and 5 more
Director22 Jul 201412 Years 3 MonthsCurrent
View all directors

Peer comparison

Polyrub Plastics Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastic 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rajdeep Plast-Tec Private Limited₹40.49 Cr (FY 2025)20.0%Thane, Maharashtra, India
V2s Polypack Private Limited₹40.42 Cr (FY 2025)18.0%Chengalpattu, Tamil Nadu, India
Unifix Plast Private Limited₹40.36 Cr (FY 2025)37.0%Kolkata, West Bengal, India
Udi Sales Private Limited₹40.34 Cr (FY 2024)-10.0%New Delhi, Delhi, India
Polyrub Plastics Private Limitedthis company₹40.21 Cr (FY 2024)₹1.42 Cr3.5%24.0%51Mumbai, Maharashtra, India
Apex Techno-Plast Private Limited₹39.94 Cr (FY 2024)-4.0%Mumbai, Maharashtra, India

To see the full peer comparison of Polyrub Plastics Private Limited, buy the company report.

Auditor

Polyrub Plastics Private Limited is audited by RMA & Co LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
RMA & Co LLPFY 2024118777W

Shareholding

The shareholding of Polyrub Plastics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Polyrub Plastics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹59.58 Cr
Satisfied charges
₹8 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹51.58 Cr
Axis Bank Limited₹8.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Dec 2022100660907Hdfc Bank Limited₹4 CrOpen
20 Dec 2022100663942Axis Bank Limited₹8 CrOpen
27 Oct 2021100499217Hdfc Bank Limited₹13.19 LakhOpen
26 Aug 2020100367995Hdfc Bank Limited₹3.15 CrOpen
06 Aug 2020100358858Hdfc Bank Limited₹4.05 CrOpen

To see the full charge records of Polyrub Plastics Private Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Polyrub Plastics Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹1.98 Cr; the latest was in March 2022.

Total deals
5
Secondary share transfers
3
Rights issue
1
Convertible or debt financing
1
Disclosed funding
₹1.98 Cr

Deals on record (4 of 5)

WhenDealAmountParties
Mar 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Dec 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Nov 2017Rights issue₹1.5 CrInvestors: 4 individuals
Mar 2015Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

To see the full deal history of Polyrub Plastics Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Polyrub Plastics Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 81 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 6)

SupplierAmount dueDue sinceReported on
Delvin Plastics Private Limited
an individual supplier
an individual supplier
an individual supplier
Pratul Chemicals Private Limited

To see the full MSME payment records of Polyrub Plastics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Polyrub Plastics Private Limited has a workforce of 51 employees on its EPFO records as of Jan 27, 2026, across 2 active EPFO establishments.

Employee count
51
Active EPFO establishments
2
Employee growth
24.39%

GST

Polyrub Plastics has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAHCP7556L2ZPMaharashtraActive10 Jan 2024
08AAHCP7556L1ZQRajasthanActive01 Jul 2017

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

Recent activity

Polyrub Plastics Private Limited has 10 board changes on record since 2014: 4 appointments and 6 cessations. The latest: Ghansham Rewachand Sujan ceased to be Director on 20 Nov 2022.

AGM
Polyrub Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Polyrub Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited of Rs. 8.00 Cr registered on 20 Dec 2022 with Charge ID 100663942 was modified on 03 Aug 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 25.16 Cr registered on 15 Sep 2018 with Charge ID 100207099 was modified on 09 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100660907 was registered on 30 Dec 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100663942 was registered on 20 Dec 2022.
Ceased
Ghansham Rewachand Sujan ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 4.05 Cr registered on 06 Aug 2020 with Charge ID 100358858 was modified on 30 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100499217 was registered on 27 Oct 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 8.00 Cr registered on 26 Mar 2018 with Charge ID 100174853 was modified on 30 Apr 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.15 Cr with Charge ID 100367995 was registered on 26 Aug 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.05 Cr with Charge ID 100358858 was registered on 06 Aug 2020.

17 earlier events are in the company report.

Frequently asked questions

Polyrub Plastics is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 22 July 2014 (12+ years old) and is registered under CIN U25190MH2014PTC256303.

Polyrub Plastics has 4 current directors:

The latest financial statements of Polyrub Plastics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Polyrub Plastics is 27AAHCP7556L2ZP, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAHCP7556L1ZQ (Rajasthan).

The CIN (Corporate Identification Number) of Polyrub Plastics is U25190MH2014PTC256303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Polyrub Plastics has 1 court case on record: 1 filed against it.

Polyrub Plastics was incorporated on 22 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Polyrub Plastics has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 convertible or debt financing), with disclosed funding of ₹1.98 Cr; the latest was in March 2022.

The peers of Polyrub Plastics by revenue are Rajdeep Plast-Tec Private Limited, V2s Polypack Private Limited, Unifix Plast Private Limited, Udi Sales Private Limited, Apex Techno-Plast Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Ghansham Rewachand Sujan ceased to be Director on 20 Nov 2022. Ashok Sujan Rewachand ceased to be Director on 30 Nov 2017. Neelkumar Rewachand Sujan ceased to be Director on 29 Nov 2017. Polyrub Plastics has 10 board changes on record in total.

Yes, Polyrub Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0036217).

Polyrub Plastics has 2 MSME Form 1 returns on record for the period ending Sep 2021, listing 81 overdue payments to 6 micro and small suppliers. The latest return was filed on 28 Oct 2021.