MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-UP-75-0002308
Ras Polytex Private Limited - packaging in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹308 Cr
▲ 6% YoY
Net profit · FY 2025
₹3.96 Cr
Net margin 1.3%
EBITDA · FY 2025
₹12.82 Cr
EBITDA margin 4.2%
Authorised capital
₹3.3 Cr
Registered with MCA
Paid-up capital
₹3.26 Cr
Issued & subscribed
Open charges
₹104.66 Cr
Satisfied ₹139.28 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
30
Provident fund records
About Ras Polytex Private Limited
Data last updated:
Ras Polytex Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 18 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U35100UP1999PTC024525. Its GSTIN is 09AABCR5253Q1ZS (Uttar Pradesh). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3.3 Cr and a paid-up capital of ₹3.26 Cr. It is led by directors including Pritu Chaudhary and Amit Chaudhary.
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 8th Floor Block – B Vinayak Plaza – Maldahiya Crossing, Varanasi, Uttar Pradesh, India – 221001.
As per the financials filed for FY 2025, the company reported a revenue of ₹308 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.96 Cr (net margin 1.3%) and EBITDA of ₹12.82 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 13% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RAS Polytex. As per MCA filings, the company has open charges of ₹104.66 Cr and satisfied charges of ₹139.28 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.25 Cr; the latest was in August 2021. Its 7 peer companies in the Packaging industry (Woven 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 3 smaller; the largest is Pashupati Laminators Private Limited with revenue of ₹327.57 Cr. The company has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 3 micro and small suppliers.
Ras Polytex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0002308). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raspoly.com.
Company details
CIN U35100UP1999PTC024525
Registration Number 024525
Incorporation Date 18 June 1999
ROC Kanpur
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 Medium
Udyam Registration UDYAM-UP-75-0002308
CIN history
Ras Polytex has one previous CIN (Corporate Identification Number): U25199UP1999PTC024525. The current CIN is U35100UP1999PTC024525, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35100UP1999PTC024525 | Current |
| U25199UP1999PTC024525 | Previous |
Recognitions & Rankings of Ras Polytex
Contact details
Ras Polytex Private Limited's registered office is in Varanasi, Uttar Pradesh. Its website is raspoly.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor Block – B Vinayak Plaza – Maldahiya Crossing, Varanasi, Uttar Pradesh, India – 221001
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Ras Polytex Private Limited, buy the company report.
Comprehensive company report
Ras Polytex 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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Brands
Ras Polytex operates one associated brand: RAS Polytex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of packaging bags, fabrics, and sustainable products in India. | raspoly.com |
Business activity
The main business activity of Ras Polytex 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 Ras Polytex Private Limited, buy the company report.
Financials of Ras Polytex Private Limited
FY 2025 filings availableRas Polytex Private Limited reported revenue of ₹308 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹308 Cr ▲ 6%
Net profit · FY 2025
₹3.96 Cr margin 1.3%
EBITDA · FY 2025
₹12.82 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 2%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 13%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 6% growth in the latest year. EBITDA fell 34% 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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| Total Expenses | |||||
| EBITDA | ₹12.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.96 Cr | ||||
| Balance Sheet | |||||
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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 | 4.2% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ras Polytex Private Limited, buy the company report.
Board of directors of Ras Polytex Private Limited
Ras Polytex has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pritu Chaudhary | Director | 01 Dec 2004 | 21 Years 10 Months | Current |
| Amit Chaudhary Also directs: Rotomac World Limited, Shree Bhawani Paper Mills Limited, Medtech Gases Private Limited and 1 more | Director | 18 Jun 1999 | 27 Years 4 Months | Current |
| Gautam Chaudhary Also directs: Innovative Sourcing Solutions LLP, Rotomac World Limited, Shree Bhawani Paper Mills Limited and 3 more | Director | 06 May 2019 | 7 Years 5 Months | Current |
| Ramesh Kumar Chaudhary Also directs: Innovative Sourcing Solutions LLP, Rotomac World Limited, Shree Bhawani Paper Mills Limited and 4 more | Director | 18 Jun 1999 | 27 Years 4 Months | Current |
Peer comparison
Ras Polytex Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Woven 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 |
|---|---|---|---|---|---|---|
| Pashupati Laminators Private Limited | ₹327.57 Cr (FY 2025) | 36.0% | Gorakhpur, Uttar Pradesh, India | |||
| Sipani Fibres Limited | ₹316.38 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Lincon Polymers Private Limited | ₹316.35 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Shri Maa Polyfabs Limited | ₹308.64 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Ras Polytex Private Limitedthis company | ₹308 Cr (FY 2025) | ₹3.96 Cr | 1.3% | 6.0% | 30 | Varanasi, Uttar Pradesh, India |
| Bilaspur Mining Industries Private Limited | ₹306.92 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Alliance Polysacks Private Limited | ₹304.72 Cr (FY 2025) | 2.0% | Jaipur, Rajasthan, India | |||
| Neelkamal Polytex Industries Private Limited | ₹292.28 Cr (FY 2025) | 36.0% | Uttar Pradesh, India |
To see the full peer comparison of Ras Polytex Private Limited, buy the company report.
Auditor
Ras Polytex Private Limited is audited by Ram K Raj & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ram K Raj & Associates | FY 2024 | 002093C |
Shareholding
The shareholding of Ras Polytex 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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ras Polytex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹104.66 Cr
Satisfied charges
₹139.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2024 | 101028106 | Others | ₹22.5 Cr | Open | |
| 22 Oct 2024 | 100991480 | Sidbi | ₹2.99 Cr | Open | |
| 24 Sep 2021 | 100505646 | Hdfc Bank Limited | ₹37.65 Cr | Open | |
| 02 Mar 2016 | 100016558 | Others | ₹41.53 Cr | Open | |
| 18 Nov 2024 | 101015157 | Others | ₹7.5 Cr | Satisfied |
To see the full charge records of Ras Polytex Private Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Ras Polytex Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.25 Cr; the latest was in August 2021.
Total deals
6
Secondary share transfers
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹4.25 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Rights issue | ₹18.89 Cr | Investors: SAB Computing Priavte Limited, Ganga Bag Udyog Private Limited , 2 individuals |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: SAB Computing Priavte Limited, an individual Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2011 | Funding round | ₹68 Lakh | Investors: an individual |
To see the full deal history of Ras Polytex Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ras Polytex Private Limited has 5 court cases on record: 2 filed by Ras Polytex, 3 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against Union of India and 3 Others | Pending |
| District court, Varanasi, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. and 3 Others | Disposed |
| High Court of Madhya Pradesh | Tax appeal | Filed against the company by Commissioner of Customs and Central Excise | Disposed |
| High Court, UTTARPRADESH | Court case (COPP) | Filed against the company by In the Matter of M/S. Varanasi Jute Bag Industries Pvt.Ltd. | Disposed |
To see the full case history of Ras Polytex 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.
Credit ratings & regulatory alerts
Ras Polytex Private Limited was last rated by Brickwork on 27 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 27 Sep 2021 |
To see the full credit ratings and regulatory alerts of Ras Polytex Private Limited, buy the company report.
MSME payment delays
Ras Polytex Private Limited has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Weave Spares | |||
| Medtech Gases Private Limited | |||
| Magic Plastic |
To see the full MSME payment records of Ras Polytex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ras Polytex has 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Associated companies
Employees & EPFO
Ras Polytex Private Limited has a workforce of 30 employees on its EPFO records as of Apr 18, 2025, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
-28.57%
GST
Ras Polytex has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCR5253Q1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AABCR5253Q1Z9 | Bihar | Active | 29 Mar 2024 |
To see the full GST registrations and return filing status of Ras Polytex Private Limited, buy the company report.
Recent activity
Ras Polytex Private Limited has 8 board changes on record since 1999: 4 appointments and 4 cessations. The latest: Devendra Kumar Singh ceased to be Additional Director on 22 Mar 2024.
AGM
Ras Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 41.53 Cr registered on 02 Mar 2016 with Charge ID 100016558 was modified on 31 May 2025.
Charges
A charge registered on 18 Nov 2024 via Charge ID 101015157 with Others was fully satisfied on 05 May 2025.
Charges
A charge registered on 16 Jul 2024 via Charge ID 100957995 with Others was fully satisfied on 05 May 2025.
Filing
Ras Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge with Others of Rs. 22.50 Cr registered on 16 Dec 2024 with Charge ID 101028106 was modified on 27 Mar 2025.
Charges
A charge with Others amounted to Rs. 22.50 Cr with Charge ID 101028106 was registered on 16 Dec 2024.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 101015157 was registered on 18 Nov 2024.
Charges
A charge with Sidbi amounted to Rs. 2.99 Cr with Charge ID 100991480 was registered on 22 Oct 2024.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100957995 was registered on 16 Jul 2024.
Ceased
Devendra Kumar Singh ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 37.65 Cr registered on 24 Sep 2021 with Charge ID 100505646 was modified on 23 Mar 2023.
72 earlier events are in the company report.
Frequently asked questions
Ras Polytex is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 18 June 1999 (27+ years old) and is registered under CIN U35100UP1999PTC024525.
Ras Polytex has 4 current directors:
- Pritu Chaudhary - Director
- Amit Chaudhary - Director
- Gautam Chaudhary - Director
- Ramesh Kumar Chaudhary - Director
The latest financial statements of Ras Polytex 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 Ras Polytex is 09AABCR5253Q1ZS, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 10AABCR5253Q1Z9 (Bihar).
The CIN (Corporate Identification Number) of Ras Polytex is U35100UP1999PTC024525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ras Polytex has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Ras Polytex was incorporated on 18 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kanpur.
Ras Polytex has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹4.25 Cr; the latest was in August 2021.
The peers of Ras Polytex by revenue are Pashupati Laminators Private Limited, Sipani Fibres Limited, Lincon Polymers Private Limited, Shri Maa Polyfabs Limited, Bilaspur Mining Industries Private Limited and 2 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Devendra Kumar Singh ceased to be Additional Director on 22 Mar 2024. Gautam Chaudhary ceased to be Additional Director on 30 Sep 2019. Gautam Chaudhary was appointed as Director on 06 May 2019. Ras Polytex has 8 board changes on record in total.
Yes, Ras Polytex is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-75-0002308).
Ras Polytex has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 8 overdue payments to 3 micro and small suppliers. The latest return was filed on 18 Jun 2019.