About Sarovar Polymers Private Limited
Data last updated:
Sarovar Polymers Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 13 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2006PTC047724. Its GSTIN is 24AAJCS6689R1Z7 (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Sagar Amrutbhai Oganja and Amrutlal Manjibhai Oganja.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 Gauttam Commercialcentre Opp. Bombay Hotel Gondal Road Rajkot 360002, Gujarat, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹87,624 (net margin 0.2%) and EBITDA of ₹17.21 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹1.21 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is 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 sarovarpolymers.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address201 Gauttam Commercialcentre Opp. Bombay Hotel Gondal Road Rajkot 360002, Gujarat, India
- IndustryManufacturing, Pipe & Tubes
- 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
Business Activity of Sarovar Polymers Private Limited
The main business activity of Sarovar 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.
Financials of Sarovar Polymers Private Limited FY 2025 filings available
Sarovar Polymers Private Limited reported revenue of ₹3.57 Cr (up 413% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Sarovar Polymers Private Limited
Revenue rose 413% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 10% 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 Sarovar Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹17.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹87,624 | •••• | •••• | •••• | •••• |
| 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 Sarovar Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Sarovar 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.
Peer Comparison of Sarovar Polymers Private Limited
Sarovar Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes, Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Manak Polymers Private Limited | ₹3.58 Cr (FY 2024) | •••• | •••• | 207.0% | •••• | Rangia, Assam, India |
| Visek Industries Private Limited | ₹3.57 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Wardha, Maharashtra, India |
| Sree Mahizh Enterprises Private Limited | ₹3.57 Cr (FY 2020) | •••• | •••• | 102.0% | •••• | Chennai, Tamil Nadu, India |
| Aultima Polymers Pipes Private Limited | ₹3.57 Cr (FY 2025) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Dartexx Polymers Private Limited | ₹3.57 Cr (FY 2024) | •••• | •••• | 901.0% | •••• | Delhi, India |
| Sarovar Polymers Private Limited this company | ₹3.57 Cr (FY 2024) | •••• | •••• | 413.0% | •••• | Rajkot, Gujarat, India |
| Dev Plast Private Limited | ₹3.55 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Allahabad, Uttar Pradesh, India |
| Skypet and Polymers Private Limited | ₹3.54 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| Ranisati Polyplasts Private Limited | ₹3.54 Cr (FY 2024) | •••• | •••• | 225669.0% | •••• | Ranchi, Jharkhand, India |
| Apk Polymers Private Limited | ₹3.54 Cr (FY 2024) | •••• | •••• | -86.0% | •••• | Kolkata, West Bengal, India |
| Ar Pragati Private Limited | ₹3.53 Cr (FY 2025) | •••• | •••• | 240.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Sarovar Polymers by revenue in the Manufacturing industry (Pipes, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sarovar Polymers Private Limited
Auditor information for Sarovar Polymers Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Sarovar Polymers Private Limited
Sarovar Polymers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Amrutbhai Oganja | Director | 12 Oct 2020 | 5 Years 11 Months | Current |
| Amrutlal Manjibhai Oganja | Director | 13 Feb 2006 | 20 Years 7 Months | Current |
Ownership and Shareholding of Sarovar 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 Sarovar Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2006 | Others | ₹1.21 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Sarovar Polymers Private Limited
Sarovar Polymers Private Limited has 2 court cases on record: 2 filed by Sarovar Polymers. 1 case is pending and 1 is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Datt Construction | Disposed |
Full case history
All 2 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.
Employees and EPFO Compliance at Sarovar Polymers Private Limited
Employment history and EPFO contributions of people linked to Sarovar Polymers.
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 Sarovar Polymers Private Limited
Sarovar Polymers Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Gunvant Manjibhai Patel ceased to be Director on 31 Jan 2025.
Credit Ratings, Litigation & Regulatory Alerts for Sarovar 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 Sarovar 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 Sarovar 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.
GST Compliance of Sarovar Polymers Private Limited
Sarovar Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCS6689R1Z7 | 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 Sarovar 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.
Frequently Asked Questions about Sarovar Polymers Private Limited
Sarovar Polymers is an active private limited company based in Rajkot, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 13 February 2006 (20+ years old) and is registered under CIN U25200GJ2006PTC047724.
Sarovar Polymers reported revenue of ₹3.57 Cr for FY 2024 (up 413% YoY).
Sarovar Polymers has 2 current directors:
- Sagar Amrutbhai Oganja - Director
- Amrutlal Manjibhai Oganja - Director
Sarovar Polymers reported a net profit of ₹87,624 (net margin 0.2%) and EBITDA of ₹17.21 Lakh (EBITDA margin 4.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sarovar Polymers is 24% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 413%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sarovar Polymers is 24AAJCS6689R1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Sarovar Polymers is U25200GJ2006PTC047724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarovar Polymers has 2 court cases on record: 2 filed by the company. 1 is pending.
Sarovar Polymers was incorporated on 13 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sarovar Polymers by revenue are Manak Polymers Private Limited, Visek Industries Private Limited, Sree Mahizh Enterprises Private Limited, Aultima Polymers Pipes Private Limited, Dartexx Polymers Private Limited and 5 more, all in the Manufacturing industry (Pipes, Polymers).
Gunvant Manjibhai Patel ceased to be Director on 31 Jan 2025. Sagar Amrutbhai Oganja was appointed as Director on 12 Oct 2020. Hansaben Ghanshyambhai Pansara ceased to be Director on 04 Nov 2011. Sarovar Polymers has 4 board changes on record in total.