About Rivipac Polymers Private Limited
Data last updated:
Rivipac Polymers Private Limited is a private limited company based in Igatpuri, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 13 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25199MH2014PTC255468. Its GSTIN is 27AAGCR9540P1ZL (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Fatechand Mulchand Shah and Dipti Rishikesh Shah.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Igatpuri, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹39.96 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Cr (net margin -4%) and EBITDA of ₹1.8 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 20% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rivipac Polymers. As per MCA filings, the company has open charges of ₹21.88 Cr and satisfied charges of ₹13.37 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 6 filed against it; 7 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 rivipac.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 46 Gat No 312A&B 266 269 270 275&276 Hissa, No 50, Igatpuri, Maharashtra, India – 422403
- IndustryManufacturing, Plastic-Based Products
- 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
Associated Brands with Rivipac Polymers Private Limited
Rivipac Polymers operates one associated brand: Rivipac Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Thermoformed products are manufactured in Nashik, India, since 2014. | rivipac.com |
Business Activity of Rivipac Polymers Private Limited
The main business activity of Rivipac Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Rivipac Polymers Private Limited
Rivipac Polymers Private Limited is audited by Vinod Murarka & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vinod Murarka & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rivipac Polymers Private Limited
Rivipac Polymers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fatechand Mulchand Shah | Director | 13 Jun 2014 | 12 Years 3 Months | Current |
| Dipti Rishikesh Shah | Director | 10 Nov 2017 | 8 Years 10 Months | Current |
| Rishikesh Fatehchand Shah Also directs: Mgee Marketing Services Private Limited, Friends 4Ever Enterprises LLP, Mul Dentpro Private Limited and 3 more | Director | 16 Jun 2014 | 12 Years 3 Months | Current |
| Dheerendra Radheyshyam Dubey | Director | 13 Jun 2014 | 12 Years 3 Months | Current |
| Viha Rishikesh Shah | Director | 07 Aug 2025 | 1 Years 1 Months | Current |
Financials of Rivipac Polymers Private Limited FY 2025 filings available
Rivipac Polymers Private Limited reported revenue of ₹39.96 Cr (down 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Rivipac Polymers Private Limited
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 55% 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 of Rivipac Polymers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹39.96 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.8 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.62 Cr | •••• | •••• | •••• | •••• |
| 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 of Rivipac Polymers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rivipac Polymers 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.
Ownership and Shareholding of Rivipac Polymers Private Limited
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 Rivipac Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2019 | Others | ₹21.79 Cr | Open |
| 29 May 2018 | Others | ₹9.4 Lakh | Open |
| 25 Nov 2016 | Others | ₹8.49 Cr | Satisfied |
| 13 Nov 2014 | Indian Overseas Bank | ₹4.88 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Rivipac Polymers Private Limited
Rivipac Polymers Private Limited has a workforce of 44 employees as of Apr 04, 2024.
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.
GST Compliance of Rivipac Polymers Private Limited
Rivipac Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR9540P1ZL | Maharashtra | 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.
Legal Cases of Rivipac Polymers Private Limited
Rivipac Polymers Private Limited has 17 court cases on record: 11 filed by Rivipac Polymers, 6 filed against it. 7 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 6 | 7 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by an individual | Pending |
| District court, Nashik, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against an individual | Pending |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Rivipac Polymers Private Limited
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 Rivipac Polymers Private Limited
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 Rivipac Polymers Private Limited
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.
MCA Filings & Documents of Rivipac Polymers Private Limited
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.
Recent Activity on Rivipac Polymers Private Limited
Frequently Asked Questions about Rivipac Polymers Private Limited
Rivipac Polymers is an active private limited company based in Igatpuri, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 13 June 2014 (12+ years old) and is registered under CIN U25199MH2014PTC255468.
Rivipac Polymers reported revenue of ₹39.96 Cr for FY 2023 (down 11% YoY).
Rivipac Polymers has 5 current directors:
- Fatechand Mulchand Shah - Director
- Dipti Rishikesh Shah - Director
- Rishikesh Fatehchand Shah - Director
- Dheerendra Radheyshyam Dubey - Director
- Viha Rishikesh Shah - Director
Rivipac Polymers reported a net loss of ₹1.62 Cr (net margin -4%) and EBITDA of ₹1.8 Cr (EBITDA margin 4.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rivipac Polymers is 18% over three years and 20% over five years. In the latest year (FY 2023) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rivipac Polymers is 27AAGCR9540P1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rivipac Polymers is U25199MH2014PTC255468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rivipac Polymers has 17 court cases on record: 11 filed by the company and 6 filed against it. 7 are pending. Most are in the district courts.
Rivipac Polymers was incorporated on 13 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.