Resipol Adhesives Private Limited
About Resipol Adhesives Private Limited
Data last updated:
Resipol Adhesives Private Limited is a private limited company based in Kadi, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 19 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24295GJ2013PTC077980. Its GSTIN is 24AAGCR7409F1ZG (Gujarat).
The company has an authorised share capital of ₹3.26 Cr and a paid-up capital of ₹3.26 Cr. It is led by directors including Mehta Manish Dineshbhai and Mehta Amish Dineshbhai.
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 Nr. Sainik Footwere Mehsan At. Rajpur Ta. Kadi, Gujarat, India – 382715.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.08 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹3.68 Lakh (net margin 0.1%) and EBITDA of ₹2.15 Cr (EBITDA margin 5.7%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 1% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.23 Cr and satisfied charges of ₹11.75 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Resipol Adhesives Private Limited's registered office is in Kadi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNr. Sainik Footwere Mehsan At. Rajpur Ta. Kadi, Gujarat, India – 382715
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Resipol Adhesives Private Limited, buy the company report.
- 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
Business activity
The main business activity of Resipol Adhesives is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Resipol Adhesives Private Limited, buy the company report.
Financials of Resipol Adhesives Private Limited
FY 2024 filings availableResipol Adhesives Private Limited reported revenue of ₹38.08 Cr (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 64% fall in the latest year. EBITDA fell 73% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.68 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Resipol Adhesives Private Limited, buy the company report.
Board of directors of Resipol Adhesives Private Limited
Resipol Adhesives has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehta Manish Dineshbhai | Director | 27 Dec 2017 | 8 Years 10 Months | Current |
| Mehta Amish Dineshbhai | Director | 21 Jun 2014 | 12 Years 4 Months | Current |
| Minal Amish Mehta | Additional Director | 12 May 2025 | 1 Years 6 Months | Current |
Peer comparison
Resipol Adhesives Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Adhesives, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eiko Lifesciences Limited | ₹38.38 Cr (FY 2025) | 37.0% | Thane, Maharashtra, India | |||
| Leomine Organics Private Limited | ₹38.15 Cr (FY 2025) | 82.0% | Mumbai, Maharashtra, India | |||
| Resipol Adhesives Private Limitedthis company | ₹38.08 Cr (FY 2025) | ₹3.68 Lakh | 0.1% | -64.0% | 6 | Kadi, Gujarat, India |
| Indo Speciality Chemicals Private Limited | ₹37.93 Cr (FY 2025) | 47.0% | Mumbai, Maharashtra, India | |||
| Ais Adhesives Limited | ₹37.69 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| Fasto Advance Materials India Private Limited | ₹37.57 Cr (FY 2025) | 97.0% | Ahmedabad, Gujarat, India | |||
| Himachal Terepene Products Pvt Ltd | ₹37.51 Cr (FY 2024) | 9.0% | Himachal Pardesh, Himachal Pradesh, India |
To see the full peer comparison of Resipol Adhesives Private Limited, buy the company report.
Auditor
Resipol Adhesives Private Limited is audited by DARSHAN R SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DARSHAN R SHAH & ASSOCIATES | FY 2023 | 147264W |
Shareholding
The shareholding of Resipol Adhesives 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 Resipol Adhesives Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2024 | 100972746 | Axis Bank Limited | ₹6.5 Lakh | Open | |
| 28 Mar 2024 | 100903788 | Axis Bank Limited | ₹48 Lakh | Open | |
| 18 Dec 2018 | 100224322 | Axis Bank Limited | ₹18.13 Cr | Open | |
| 26 Mar 2014 | 10491014 | Others | ₹4.55 Cr | Open | |
| 28 Mar 2022 | 100557400 | Hdfc Bank Limited | ₹11.75 Cr | Satisfied |
To see the full charge records of Resipol Adhesives Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Resipol Adhesives Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (CR EN) | Filed against the company by Status Seramik India Pvt. Ltd Director Manan Hareshbhai Patel | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Resipol Adhesives 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
Resipol Adhesives Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 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 |
|---|---|---|---|
| Vibhinn Rasayan Private Limited | |||
| Vinni Chemicals Pvt Ltd | |||
| Vividh Rasayan Private Limited |
To see the full MSME payment records of Resipol Adhesives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Resipol Adhesives Private Limited has a workforce of 6 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Resipol Adhesives Private Limited, buy the company report.
GST
Resipol Adhesives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCR7409F1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Resipol Adhesives Private Limited, buy the company report.
Recent activity
Resipol Adhesives Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Minal Amish Mehta was appointed as Additional Director on 12 May 2025.
11 earlier events are in the company report.
Frequently asked questions
Resipol Adhesives is an active private limited company based in Kadi, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 19 December 2013 (13+ years old) and is registered under CIN U24295GJ2013PTC077980.
Resipol Adhesives has 3 current directors:
- Mehta Manish Dineshbhai - Director
- Mehta Amish Dineshbhai - Director
- Minal Amish Mehta - Additional Director
The latest financial statements of Resipol Adhesives 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 Resipol Adhesives is 24AAGCR7409F1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Resipol Adhesives is U24295GJ2013PTC077980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Resipol Adhesives has 5 court cases on record: 5 filed against it. Most are in the nclat.
Resipol Adhesives was incorporated on 19 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Resipol Adhesives by revenue are Eiko Lifesciences Limited, Leomine Organics Private Limited, Indo Speciality Chemicals Private Limited, Ais Adhesives Limited, Fasto Advance Materials India Private Limited and 1 more, all in the Chemicals industry (Adhesives, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Minal Amish Mehta was appointed as Additional Director on 12 May 2025. Mehta Manish Dineshbhai ceased to be Director on 18 Apr 2025. Shubhi Hardik Agarwal ceased to be Additional Director on 25 Nov 2020. Resipol Adhesives has 10 board changes on record in total.
Resipol Adhesives has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 01 Jun 2019.
The registered office of Resipol Adhesives is at Nr. Sainik Footwere Mehsan At. Rajpur Ta. Kadi, Gujarat, India – 382715.
Resipol Adhesives operates in the manufacturing industry, in the plastic and resins segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
