MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0126099
Rars Poliplas Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.64 Cr
▼ 23% YoY
Net loss · FY 2025
₹1.13 Cr
Net margin -31.1%
EBITDA · FY 2025
-₹82.78 Lakh
EBITDA margin -22.8%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.4 Cr
Issued & subscribed
Open charges
₹5.51 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Rars Poliplas Private Limited
Data last updated:
Rars Poliplas Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25208GJ2018PTC102418. Its GSTIN is 24AAICR9576R1Z9 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Avnendra Singh Mahavir Singh Sesodia and Rahul Avnendra Sesodia.
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 44/45 Royal Enclave Nr Asopalav Blows Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.64 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹1.13 Cr (net margin -31.1%) and EBITDA of -₹82.78 Lakh (EBITDA margin -22.8%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹5.51 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.3 Cr; the latest was in September 2021.
Rars Poliplas Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0126099). For more details, the company can be reached via its website rarspoli.com.
Company details
CIN U25208GJ2018PTC102418
Registration Number 102418
Incorporation Date 17 May 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0126099
Key People
Avnendra Singh Mahavir Singh Sesodia Director Rahul Avnendra Sesodia Director Kalpana Rajesh Jani Director Recognitions & Rankings of Rars Poliplas
Contact details
Rars Poliplas Private Limited's registered office is in Ahmedabad, Gujarat. Its website is rarspoli.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address44/45 Royal Enclave Nr Asopalav Blows Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Rars Poliplas Private Limited, buy the company report.
Comprehensive company report
Rars Poliplas 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 Rars Poliplas is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Rars Poliplas Private Limited, buy the company report.
Financials of Rars Poliplas Private Limited
FY 2024 filings availableRars Poliplas Private Limited reported revenue of ₹3.64 Cr (down 23% YoY) for FY 2025.
Revenue · FY 2025
₹3.64 Cr ▼ 23%
Net loss · FY 2025
₹1.13 Cr margin -31.1%
EBITDA · FY 2025
-₹82.78 Lakh margin -22.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 22%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 238%
3 years · compounded
▼ 26%
5 years · compounded
▼ 41%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 23% fall in the latest year. EBITDA fell 238% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹82.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.13 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.8% | ||||
| Net Profit Margin | -31.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Rars Poliplas Private Limited, buy the company report.
Board of directors of Rars Poliplas Private Limited
Rars Poliplas has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avnendra Singh Mahavir Singh Sesodia Also directs: Karnavati Synthetics LLP | Director | 17 May 2018 | 8 Years 5 Months | Current |
| Rahul Avnendra Sesodia | Director | 17 May 2018 | 8 Years 5 Months | Current |
| Kalpana Rajesh Jani | Director | 26 May 2021 | 5 Years 5 Months | Current |
Auditor
Rars Poliplas Private Limited is audited by BHARADIA MAHESHWARI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARADIA MAHESHWARI & ASSOCIATES | FY 2023 | 123767W |
Shareholding
The shareholding of Rars Poliplas 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 Rars Poliplas Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.51 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2018 | 100218569 | State Bank of India | ₹5.51 Cr | Open |
To see the full charge records of Rars Poliplas Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Rars Poliplas Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.3 Cr; the latest was in September 2021.
Total deals
2
Funding rounds
2
Disclosed funding
₹1.3 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹40 Lakh | Investors: an individual |
| Nov 2018 | Funding round | ₹90 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rars Poliplas Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Rars Poliplas 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 Rars Poliplas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rars Poliplas has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICR9576R1Z9 | Gujarat | Active | 05 Jun 2018 |
To see the full GST registrations and return filing status of Rars Poliplas Private Limited, buy the company report.
Recent activity
Rars Poliplas Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Kalpana Rajesh Jani was appointed as Director on 26 May 2021.
AGM
Rars Poliplas Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rars Poliplas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 5.51 Cr registered on 05 Nov 2018 with Charge ID 100218569 was modified on 30 Dec 2021.
Appointed
Kalpana Rajesh Jani was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 5.51 Cr with Charge ID 100218569 was registered on 05 Nov 2018.
Appointed
Avnendra Singh Mahavir Singh Sesodia was appointed as Director.
Appointed
Rahul Avnendra Sesodia was appointed as Director.
Incorporation
17 May 2018
Rars Poliplas Private Limited was registered on 17 May 2018 with Roc Ahmedabad & aged 8 years 5 months as per MCA records.
Frequently asked questions
Rars Poliplas is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 May 2018 (8+ years old) and is registered under CIN U25208GJ2018PTC102418.
Rars Poliplas has 3 current directors:
- Avnendra Singh Mahavir Singh Sesodia - Director
- Rahul Avnendra Sesodia - Director
- Kalpana Rajesh Jani - Director
The latest financial statements of Rars Poliplas 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 FY 2019 are in the company report.
The GSTIN of Rars Poliplas is 24AAICR9576R1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Rars Poliplas is U25208GJ2018PTC102418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rars Poliplas has 1 court case on record: 1 filed against it.
Rars Poliplas was incorporated on 17 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rars Poliplas has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.3 Cr; the latest was in September 2021.
Kalpana Rajesh Jani was appointed as Director on 26 May 2021. Avnendra Singh Mahavir Singh Sesodia was appointed as Director on 17 May 2018. Rahul Avnendra Sesodia was appointed as Director on 17 May 2018.
Yes, Rars Poliplas is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0126099).