Sapana Polyweave Private Limited

Sapana Polyweave Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U25209MH1982PTC028512 Incorporated 19 October 1982 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME · Medium
Data last updated
Revenue · FY 2024
₹116.56 Cr
▼ 3% YoY
Net profit · FY 2024
₹5.95 Cr
Net margin 5.1%
EBITDA · FY 2024
₹13.76 Cr
EBITDA margin 11.8%
Authorised capital
₹3.1 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹52.84 Cr
Satisfied ₹57.4 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
160
Provident fund records

About Sapana Polyweave Private Limited

Data last updated:

Sapana Polyweave Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Graphic Investments Pvt Ltd. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 19 October 1982 and has been in existence for over 44 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1982PTC028512. Its GSTIN is 27AAACS0659N1Z0 (Maharashtra). The company holds 10 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Graphic Packaging and Plastics Pvt Ltd. It is led by directors including Vishwa Bandhu Peareylal Gupta (Managing Director) and Nishith Vishwabandhu Gupta.

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 501 Lotus Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹116.56 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.95 Cr (net margin 5.1%) and EBITDA of ₹13.76 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.

The company has about 160 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Sapana Polyweave. As per MCA filings, the company has open charges of ₹52.84 Cr and satisfied charges of ₹57.4 Cr on record. Court records list 17 cases involving the company, including 10 filed by the company and 7 filed against it; 3 cases are pending.

Sapana Polyweave Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0026530). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sapanamats.com.

Company details

CIN U25209MH1982PTC028512
Registration Number 028512
Incorporation Date 19 October 1982
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Graphic Investments Pvt Ltd
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0026530

Recognitions & Rankings of Sapana Polyweave

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0026530

Contact details

Sapana Polyweave Private Limited's registered office is in Mumbai, Maharashtra. Its website is sapanamats.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    F – 501 Lotus Corporate Park Off Western Exp Hw Jay Coach Area 185 – 1/3 Gram Firth Steel Com, Goregaon – E, Mumbai, Maharashtra, India – 400063
  • Industry
    Consumer Goods, Home Furnishings Manufacturing

To see the full contact details of Sapana Polyweave Private Limited, buy the company report.

Comprehensive company report
Sapana Polyweave 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

Sapana Polyweave operates one associated brand: Sapana Polyweave. Each brand links to its own profile.

BrandDescriptionWebsite
Sapana produces durable polypropylene mats for home, outdoor, and global applications.sapanamats.com

Business activity

The main business activities of Sapana Polyweave are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Sapana Polyweave Private Limited, buy the company report.

Financials of Sapana Polyweave Private Limited

FY 2024 filings available

Sapana Polyweave Private Limited reported revenue of ₹116.56 Cr (down 3% YoY) for FY 2024.

Revenue · FY 2024
₹116.56 Cr ▼ 3%
Net profit · FY 2024
₹5.95 Cr margin 5.1%
EBITDA · FY 2024
₹13.76 Cr margin 11.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 1%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 5%
5 years · compounded
▲ 10%

Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 9% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹13.76 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.95 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.8%
Net Profit Margin5.1%
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 Sapana Polyweave Private Limited, buy the company report.

Board of directors of Sapana Polyweave Private Limited

Sapana Polyweave has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nishith Vishwabandhu GuptaDirector01 Aug 200719 Years 3 MonthsCurrent
Santosh Vishwabandhu GuptaDirector16 Dec 20214 Years 10 MonthsCurrent
Pooja Nishith GuptaDirector15 Nov 20241 Years 11 MonthsCurrent
Vishwa Bandhu Peareylal GuptaManaging Director19 Oct 198244 Years 0 MonthsCurrent

Auditor

Sapana Polyweave Private Limited is audited by SANJAY P. MUTHE & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANJAY P. MUTHE & CO.FY 2023109177W

Shareholding

The shareholding of Sapana Polyweave 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sapana Polyweave Private Limited, buy the company report.

Charges & borrowings

Open charges
₹52.84 Cr
Satisfied charges
₹57.4 Cr
Breakdown by lending institutions
Others₹46.78 Cr
Axis Bank Limited₹4.90 Cr
Madhya Pradesh Audyogik Vikas Nigam₹0.90 Cr
The Maharashtra State Financial Corporation₹0.24 Cr
Anz Grindlys Bank₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Dec 2022100663768Others₹10 CrOpen
14 Sep 2022100658569Others₹2.61 CrOpen
30 Jul 2022100605153Others₹2.5 CrOpen
17 Jun 2022100582115Axis Bank Limited₹4.9 CrOpen
20 Oct 2021100491472Others₹5.18 CrOpen

To see the full charge records of Sapana Polyweave Private Limited, buy the company report.

Total charge records: 33 View all charges

MSME payment delays

Sapana Polyweave Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 156 overdue payments to 20 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 (5 of 20)

SupplierAmount dueDue sinceReported on
Surana Industries
an individual supplier
an individual supplier
Bombay Stationers Private Limited
an individual supplier

To see the full MSME payment records of Sapana Polyweave Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Sapana Polyweave has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Sapana Polyweave Private Limited has a workforce of 160 employees on its EPFO records as of Apr 07, 2024, across 4 active EPFO establishments.

Employee count
160
Active EPFO establishments
4
Employee growth
-8.05%

GST

Sapana Polyweave has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
7
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AAACS0659N1Z0MaharashtraActive01 Jul 2017
27AAACS0659N2ZZMaharashtraActive16 Aug 2017
19AAACS0659N1ZXWest BengalActive01 Jul 2017
29AAACS0659N1ZWKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Sapana Polyweave Private Limited, buy the company report.

Recent activity

Sapana Polyweave Private Limited has 8 board changes on record since 1982: 4 appointments and 4 cessations. The latest: Pooja Nishith Gupta ceased to be Additional Director on 29 Sep 2025.

Charges
A charge with Others of Rs. 5.18 Cr registered on 20 Oct 2021 with Charge ID 100491472 was modified on 29 Oct 2025.
Ceased
Pooja Nishith Gupta ceased to be Additional Director.
Appointed
Pooja Nishith Gupta was appointed as Director.
Ceased
Vishwa Bandhu Peareylal Gupta ceased to be Managing Director.
AGM
Sapana Polyweave Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 06 Jan 2021 via Charge ID 100407626 with Others was fully satisfied on 26 Aug 2024.
Filing
Sapana Polyweave Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 10.00 Cr registered on 27 Dec 2022 with Charge ID 100663768 was modified on 04 Oct 2023.
Charges
A charge registered on 10 Dec 2020 via Charge ID 100430162 with Citi Bank N.A. was fully satisfied on 29 Mar 2023.
Charges
A charge registered on 05 Dec 1989 via Charge ID 90185532 with The Maharashtra State Financial Corporation was fully satisfied on 02 Mar 2023.
Charges
A charge registered on 08 Jan 1985 via Charge ID 90184930 with The Maharashtra State Financial Corporation was fully satisfied on 02 Mar 2023.
Charges
A charge registered on 01 Sep 1984 via Charge ID 90189031 with The Maharashtra State Financial Corporation was fully satisfied on 02 Mar 2023.

67 earlier events are in the company report.

Frequently asked questions

Sapana Polyweave is an active private limited company based in Mumbai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 19 October 1982 (44+ years old) and is registered under CIN U25209MH1982PTC028512.

Sapana Polyweave has 4 current directors:

The latest financial statements of Sapana Polyweave 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 Sapana Polyweave is 27AAACS0659N1Z0, registered in Maharashtra. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACS0659N2ZZ (Maharashtra), 19AAACS0659N1ZX (West Bengal), 29AAACS0659N1ZW (Karnataka).

The CIN (Corporate Identification Number) of Sapana Polyweave is U25209MH1982PTC028512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sapana Polyweave has 17 court cases on record: 10 filed by the company and 7 filed against it. 3 are pending. Most are in the high courts.

Sapana Polyweave was incorporated on 19 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.

Pooja Nishith Gupta ceased to be Additional Director on 29 Sep 2025. Pooja Nishith Gupta was appointed as Director on 15 Nov 2024. Vishwa Bandhu Peareylal Gupta ceased to be Managing Director on 27 Oct 2024. Sapana Polyweave has 8 board changes on record in total.

Yes, Sapana Polyweave is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0026530).

Sapana Polyweave has 6 MSME Form 1 returns on record between 2019 and 2023, listing 156 overdue payments to 20 micro and small suppliers. The latest return was filed on 05 Mar 2024.

Sapana Polyweave can be reached through the website sapanamats.com. Its registered office is in Mumbai, Maharashtra, India.