About Rishit Polysurf LLP
Data last updated:
Rishit Polysurf LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 07 January 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAD-1561. Its GSTIN is 24AARFR9105N1ZL (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Jaimik Pravinbhai Shah and Pritesh Yashwantlal Shah.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Plot No 504 512 513 514 GIDC Dholka, Ahmedabad, Gujarat, India – 387810.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹25.63 Cr. For the same year it recorded a net profit of ₹1.45 Cr (net margin 5.7%) and EBITDA of ₹1.44 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 180% over five years.
As per MCA filings, the LLP has open charges of ₹10 Cr and satisfied charges of ₹5 Cr on record.
For more details, the LLP can be reached via its website rishitpolysurf.com.
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- Registered AddressPlot No 504 512 513 514 GIDC Dholka, Ahmedabad, Gujarat, India – 387810
- IndustryChemicals and Materials, Specialty Chemicals
- 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
- One PDF report, delivered after checkout
Financials of Rishit Polysurf LLP FY 2025 filings available
Rishit Polysurf LLP reported revenue of ₹25.63 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR) of Rishit Polysurf LLP
Revenue has grown at a compounded annual rate (CAGR) of 180% over five years. 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 of Rishit Polysurf LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹25.63 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹1.45 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rishit Polysurf LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 5.7% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Rishit Polysurf are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Rishit Polysurf LLP
Rishit Polysurf has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaimik Pravinbhai Shah Also directs: J. S. Chemisolv Private Limited | Designated Partner | 30 Jan 2023 | 3 Years 8 Months | Current |
| Pritesh Yashwantlal Shah Also directs: Yasons Chemex Care Limited, Yash Chemex Limited | Designated Partner | 27 Oct 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Rishit Polysurf LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rishit Polysurf LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2024 | Hdfc Bank Limited | ₹8 Cr | Open |
| 27 Mar 2024 | Hdfc Bank Limited | ₹2 Cr | Open |
| 12 Oct 2022 | Axis Bank Limited | ₹5 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Rishit Polysurf LLP
Employment history and EPFO contributions of people linked to Rishit Polysurf.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rishit Polysurf LLP
Rishit Polysurf LLP has 4 designated partner changes on record since 2020: 2 appointments and 2 cessations. The latest: Jaimik Pravinbhai Shah was appointed as Designated Partner on 30 Jan 2023.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rishit Polysurf LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rishit Polysurf LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rishit Polysurf LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rishit Polysurf LLP
Rishit Polysurf has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARFR9105N1ZL | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rishit Polysurf LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rishit Polysurf LLP
Rishit Polysurf is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 07 January 2015 (11+ years old) and is registered under LLPIN AAD-1561.
Rishit Polysurf reported revenue of ₹25.63 Cr for FY 2023.
Rishit Polysurf has 2 current designated partners:
- Jaimik Pravinbhai Shah - Designated Partner
- Pritesh Yashwantlal Shah - Designated Partner
Rishit Polysurf reported a net profit of ₹1.45 Cr (net margin 5.7%) and EBITDA of ₹1.44 Cr (EBITDA margin 5.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rishit Polysurf is 180% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rishit Polysurf is 24AARFR9105N1ZL, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Rishit Polysurf is AAD-1561. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Rishit Polysurf was incorporated on 07 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jaimik Pravinbhai Shah was appointed as Designated Partner on 30 Jan 2023. Hetal Mayurkumar Patel ceased to be Designated Partner on 28 Oct 2020. Mayurkumar Babubhai Patel ceased to be Designated Partner on 28 Oct 2020. Rishit Polysurf has 4 designated partner changes on record in total.
Rishit Polysurf can be reached through the website rishitpolysurf.com. Its registered office is in Ahmedabad, Gujarat, India.