MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0015584
Satyen Polymers Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.62 Cr
▲ 1% YoY
Net profit · FY 2025
₹31.63 Lakh
Net margin 3%
EBITDA · FY 2025
₹1.63 Cr
EBITDA margin 15.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹4.25 Cr
Satisfied ₹39.8 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
39
Provident fund records
About Satyen Polymers Private Limited
Data last updated:
Satyen Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 20 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24300MH2006PTC160571. Its GSTIN is 27AAKCS0395K1ZV (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Devyani Jitendra Vora and Satyen Jitendra Vora.
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 307 A To Z Industrial Estate G. K. Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.62 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹31.63 Lakh (net margin 3%) and EBITDA of ₹1.63 Cr (EBITDA margin 15.3%). Revenue has declined at a compounded annual rate (CAGR) of 48% over three years and 32% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satyen Polymers. As per MCA filings, the company has open charges of ₹4.25 Cr and satisfied charges of ₹39.8 Cr on record. Court records list 73 cases involving the company, including 53 filed by the company and 20 filed against it; 6 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in January 2016.
Satyen Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0015584). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satyenpolymers.com.
Company details
CIN U24300MH2006PTC160571
Registration Number 160571
Incorporation Date 20 March 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0015584
Key People
Devyani Jitendra Vora Director Satyen Jitendra Vora Director Jigisha Satyen Vora Additional Director Recognitions & Rankings of Satyen Polymers
Contact details
Satyen Polymers Private Limited's registered office is in Mumbai, Maharashtra. Its website is satyenpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address307 A To Z Industrial Estate G. K. Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Satyen Polymers Private Limited, buy the company report.
Comprehensive company report
Satyen Polymers 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
Satyen Polymers operates one associated brand: Satyen Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Coatings and adhesives are manufactured by Satyen Polymers. | satyenpolymers.com |
Business activity
The main business activity of Satyen Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Satyen Polymers Private Limited, buy the company report.
Financials of Satyen Polymers Private Limited
FY 2025 filings availableSatyen Polymers Private Limited reported revenue of ₹10.62 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹10.62 Cr ▲ 1%
Net profit · FY 2025
₹31.63 Lakh margin 3%
EBITDA · FY 2025
₹1.63 Cr margin 15.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 48%
5 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 19%
5 years · compounded
▼ 18%
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. EBITDA fell 35% 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 | ₹1.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.63 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Satyen Polymers Private Limited, buy the company report.
Board of directors of Satyen Polymers Private Limited
Satyen Polymers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devyani Jitendra Vora | Director | 20 Mar 2006 | 20 Years 7 Months | Current |
| Satyen Jitendra Vora | Director | 08 Aug 2013 | 13 Years 2 Months | Current |
| Jigisha Satyen Vora | Additional Director | 07 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Satyen Polymers Private Limited is audited by J L S & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J L S & Co. | FY 2023 | 133185W |
Shareholding
The shareholding of Satyen 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Satyen Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.25 Cr
Satisfied charges
₹39.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2023 | 100671886 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 17 Jan 2023 | 100668323 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 27 Apr 2022 | 100578136 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 02 Mar 2016 | 10623541 | Standard Chartered Bank | ₹90 Lakh | Satisfied | |
| 13 Nov 2014 | 10547563 | Standard Chartered Bank | ₹9 Cr | Satisfied |
To see the full charge records of Satyen Polymers Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Satyen Polymers Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in January 2016.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹3.99 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Apr 2008 | Funding round | ₹3.99 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Satyen Polymers Private Limited has 73 court cases on record: 53 filed by Satyen Polymers, 20 filed against it. 6 cases are pending and 67 are disposed.
Total cases
73
Filed by the company
53
Filed against the company
20
Pending
6
Disposed
67
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 47 | 9 | 4 |
| High courts | 25 | 11 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COAP) | Filed against the company by M/S. Amiantit Fiberglass Industries India Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (COAP) | Filed by the company against Amiantit Fiberglass Industries India Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Ms. Hamon Shriram Cottrell Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Fibroplast Marine Private Limited | Disposed |
| Bombay High Court | Court case (COAP) | Filed against the company by M/S. Express Machines and Scaffolding Pvt. Ltd., Represented by Director Mr. Sandeep Sood. | Disposed |
To see the full case history of Satyen 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Satyen Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Satyen Polymers Private Limited has a workforce of 39 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
-11.36%
GST
Satyen Polymers has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS0395K1ZV | Maharashtra | Active | 01 Jul 2017 |
| 26AAKCS0395K1ZX | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Satyen Polymers Private Limited, buy the company report.
Recent activity
Satyen Polymers Private Limited has 6 board changes on record since 2006: 3 appointments and 3 cessations. The latest: Jigisha Satyen Vora was appointed as Additional Director on 07 Dec 2023.
AGM
Satyen Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Satyen Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Jigisha Satyen Vora was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100671886 was registered on 19 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100668323 was registered on 17 Jan 2023.
Charges
A charge registered on 02 Mar 2016 via Charge ID 10623541 with Standard Chartered Bank was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 13 Nov 2014 via Charge ID 10547564 with Standard Chartered Bank was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 13 Nov 2014 via Charge ID 10547563 with Standard Chartered Bank was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 17 Apr 2008 via Charge ID 10099901 with Citibank N.A. was fully satisfied on 05 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100578136 was registered on 27 Apr 2022.
Charges
A charge registered on 28 Aug 2013 via Charge ID 10448125 with Hdfc Bank Limited was fully satisfied on 02 Jun 2018.
Charges
A charge registered on 25 Sep 2008 via Charge ID 10127399 with Hdfc Bank Limited was fully satisfied on 02 Jun 2018.
17 earlier events are in the company report.
Frequently asked questions
Satyen Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 20 March 2006 (20+ years old) and is registered under CIN U24300MH2006PTC160571.
Satyen Polymers has 3 current directors:
- Devyani Jitendra Vora - Director
- Satyen Jitendra Vora - Director
- Jigisha Satyen Vora - Additional Director
The latest financial statements of Satyen Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Satyen Polymers is 27AAKCS0395K1ZV, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 26AAKCS0395K1ZX (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Satyen Polymers is U24300MH2006PTC160571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satyen Polymers has 73 court cases on record: 53 filed by the company and 20 filed against it. 6 are pending. Most are in the district courts.
Satyen Polymers was incorporated on 20 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Satyen Polymers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3.99 Cr; the latest was in January 2016.
Jigisha Satyen Vora was appointed as Additional Director on 07 Dec 2023. Jitendra Jagmohandas Vora ceased to be Director on 25 Oct 2015. Raghavan Rajagopalan ceased to be Director on 30 Sep 2013. Satyen Polymers has 6 board changes on record in total.
Yes, Satyen Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0015584).