About Riviera Polymers Private Limited
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Riviera Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 10 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1982PTC005411. Its GSTIN is 24AABCR2901F1ZY (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85.82 Lakh. It was formerly known as Reviera Polymers Pvt Ltd. It is led by directors including Geetadevi Babulal Rungta and Umaben Vinodkumar Bajoria.
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 203 N. R. House Nr. Popular House Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.27 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹65.74 Lakh (net margin 4%) and EBITDA of ₹2.93 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 17% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Riviera Polymers. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹27.69 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rivierapolymers.com.
Company details
Contact details
Riviera Polymers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is rivierapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address203 N. R. House Nr. Popular House Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Riviera Polymers 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
Brands
Riviera Polymers operates one associated brand: Riviera Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polymers and compounds are manufactured by Riviera Polymers in India. | rivierapolymers.com |
Business activity
The main business activities of Riviera Polymers are manufacturing and trade. In detail, this covers coke and refined petroleum products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Riviera Polymers Private Limited, buy the company report.
Financials of Riviera Polymers Private Limited
FY 2024 filings availableRiviera Polymers Private Limited reported revenue of ₹16.27 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 20% 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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| EBITDA | ₹2.93 Cr | ||||
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| Net Profit (PAT) | ₹65.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 18% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Riviera Polymers Private Limited, buy the company report.
Board of directors of Riviera Polymers Private Limited
Riviera Polymers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geetadevi Babulal Rungta Also directs: Riviera Overseas Pvt Ltd | Director | 11 Aug 2018 | 8 Years 2 Months | Current |
| Umaben Vinodkumar Bajoria Also directs: Riviera Securities and Finance Limited | Director | 11 Aug 2018 | 8 Years 2 Months | Current |
| Vinodkumar Shankarlal Bajoria Also directs: Accura Hygiene LLP, Pari Metcast Pvt Ltd, Riviera Securities and Finance Limited and 1 more | Director | 10 Aug 1982 | 44 Years 2 Months | Current |
Auditor
Riviera Polymers Private Limited is audited by PIPARA & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIPARA & CO LLP | FY 2023 | 107929W |
Shareholding
The shareholding of Riviera Polymers 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Riviera Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2017 | 100089472 | State Bank of India | ₹25 Cr | Open | |
| 03 Dec 2008 | 10133014 | Bank of India | ₹8 Cr | Satisfied | |
| 08 Oct 2008 | 10126113 | Bank of India | ₹8 Cr | Satisfied | |
| 15 Apr 2005 | 90113229 | Icici Bank Ltd. | ₹4.97 Cr | Satisfied | |
| 30 Nov 2004 | 90111799 | Icici Bank Ltd. | ₹4.97 Cr | Satisfied |
To see the full charge records of Riviera Polymers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Riviera Polymers Private Limited has 5 court cases on record: 5 filed by Riviera Polymers. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Ms.Jaihind Automation Pvt Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Rekhaben Solanki Prop.Of M/S.Chamunda Plastics | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Riviera Polymers 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
Riviera Polymers Private Limited was last rated by Brickwork on 06 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 06 Nov 2019 |
To see the full credit ratings and regulatory alerts of Riviera Polymers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Riviera Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Riviera Polymers has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Riviera Overseas Pvt Ltd | U51909GJ1993PTC019995 |
To see the full group structure of Riviera Polymers Private Limited, buy the company report.
Employees & EPFO
Riviera Polymers Private Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Riviera Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCR2901F1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riviera Polymers Private Limited, buy the company report.
Recent activity
Riviera Polymers Private Limited has 9 board changes on record since 1982: 6 appointments and 3 cessations. The latest: Sharad Shyamsunder Rungta ceased to be Director on 16 Oct 2019.
15 earlier events are in the company report.
Frequently asked questions
Riviera Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 10 August 1982 (44+ years old) and is registered under CIN U17110GJ1982PTC005411.
Riviera Polymers has 3 current directors:
- Geetadevi Babulal Rungta - Director
- Umaben Vinodkumar Bajoria - Director
- Vinodkumar Shankarlal Bajoria - Director
The latest financial statements of Riviera Polymers 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 Riviera Polymers is 24AABCR2901F1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Riviera Polymers is U17110GJ1982PTC005411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riviera Polymers has 5 court cases on record: 5 filed by the company. 2 are pending.
Riviera Polymers was incorporated on 10 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sharad Shyamsunder Rungta ceased to be Director on 16 Oct 2019. Babulal Madanlal Rungta ceased to be Director on 11 Aug 2018. Geetadevi Babulal Rungta was appointed as Director on 11 Aug 2018. Riviera Polymers has 9 board changes on record in total.
Riviera Polymers can be reached through the website rivierapolymers.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Riviera Polymers is at 203 N. R. House Nr. Popular House Ashram Road, Ahmedabad, Gujarat, India – 380009.