DPIIT recognised startup Government of India
Startup India
Shaakya Polymer Private Limited
Shaakya Polymer Private Limited - manufacturing in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹63.6 Cr
▲ 2175% YoY
Net profit · FY 2024
₹1.04 Cr
Net margin 1.6%
EBITDA · FY 2024
₹4.37 Cr
EBITDA margin 6.9%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.11 Cr
Issued & subscribed
Open charges
₹32.37 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
61
Provident fund records
About Shaakya Polymer Private Limited
Data last updated:
Shaakya Polymer Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 12 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U25209OR2021PTC036438. Its GSTIN is 21ABGCS0548D1ZT (Odisha).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.11 Cr. It is led by directors Abhinash Panda and Ananya Sahoo.
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 M – 9/1 Panchasekha Nagar Dumduma, Bhubaneswar, Odisha, India – 751019.
As per the financials filed for FY 2024, the company reported a revenue of ₹63.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 1.6%) and EBITDA of ₹4.37 Cr (EBITDA margin 6.9%).
The company has about 61 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.37 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
Shaakya Polymer Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0009362).
Company Details of Shaakya Polymer Private Limited
CIN U25209OR2021PTC036438
Registration Number 036438
Incorporation Date 12 May 2021
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-OD-19-0009362
Key People
Abhinash Panda Director Ananya Sahoo Director Recognitions & Rankings of Shaakya Polymer
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0009362
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressM – 9/1 Panchasekha Nagar Dumduma, Bhubaneswar, Odisha, India – 751019
- IndustryManufacturing, Plastic & Resins
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Business Activity of Shaakya Polymer Private Limited
The main business activity of Shaakya Polymer 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Shaakya Polymer Private Limited FY 2025 filings available
Shaakya Polymer Private Limited reported revenue of ₹63.6 Cr (up 2175% YoY) for FY 2024.
Revenue · FY 2024
₹63.6 Cr ▲ 2175%
Net profit · FY 2024
₹1.04 Cr margin 1.6%
EBITDA · FY 2024
₹4.37 Cr margin 6.9%
Financial Statement Summary of Shaakya Polymer Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹4.37 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.04 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 Shaakya Polymer Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.9% | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• |
| 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 Shaakya Polymer are in the company report.
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Financial statements from FY 2022
Earlier years and trend charts are in the company report.
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Board of Directors of Shaakya Polymer Private Limited
Shaakya Polymer has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinash Panda | Director | 12 May 2021 | 5 Years 5 Months | Current |
| Ananya Sahoo | Director | 12 May 2021 | 5 Years 5 Months | Current |
Peer Comparison of Shaakya Polymer Private Limited
Shaakya Polymer Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastics and Resins). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zahonero India Private Limited | ₹64.39 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | New Delhi, Delhi, India |
| Tridev Industries Private Limited | ₹63.95 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Vapi, Gujarat, India |
| Network Polymers Private Limited | ₹63.93 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Jayachandran Global Refineries Private Limited | ₹63.89 Cr (FY 2024) | •••• | •••• | 529.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ganpati Moulders Private Limited | ₹63.8 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Aurangabad, Maharashtra, India |
| Shaakya Polymer Private Limited this company | ₹63.6 Cr (FY 2024) | •••• | •••• | 2175.0% | •••• | Bhubaneswar, Odisha, India |
| Surya Compounds & Masterbatches Private Limited | ₹63.36 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Delhi, India |
| Sonarg Plastics Private Limited | ₹63.33 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
| Alveor Plastic Technologies Private Limited | ₹63.19 Cr (FY 2019) | •••• | •••• | 280.0% | •••• | Pithampur, Madhya Pradesh, India |
| Tirupathi Hydrocarbon Private Limited | ₹62.86 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Polynomous Industries Private Limited | ₹62.77 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Shaakya Polymer by revenue in the Manufacturing industry (Plastics and Resins), 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 Shaakya Polymer Private Limited
Shaakya Polymer Private Limited is audited by BCP & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BCP & ASSOCIATES | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Shaakya Polymer Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Shaakya Polymer Private Limited
Open charges
₹32.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2025 | Uco Bank | ₹12 Cr | Open |
| 27 Feb 2025 | Uco Bank | ₹18 Cr | Open |
| 30 Jan 2024 | Sidbi | ₹2.37 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Shaakya Polymer Private Limited
Shaakya Polymer Private Limited has 3 court cases on record: 3 filed by Shaakya Polymer. All cases are pending. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Total cases
3
Filed by the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Shaakya Polymer Private Limited
Shaakya Polymer Private Limited has a workforce of 61 employees as of Apr 06, 2024.
Employee count
61
Active EPFO establishments
1
Employee growth
177.27%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Shaakya Polymer Private Limited
Shaakya Polymer Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Abhinash Panda was appointed as Director on 12 May 2021.
AGM
Shaakya Polymer Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Uco Bank amounted to Rs. 12.00 Cr with Charge ID 101101385 was registered on 31 May 2025.
Filing
Shaakya Polymer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Uco Bank amounted to Rs. 18.00 Cr with Charge ID 101058980 was registered on 27 Feb 2025.
Charges
A charge with Sidbi amounted to Rs. 2.37 Cr with Charge ID 100867034 was registered on 30 Jan 2024.
Charges
A charge with Sidbi of Rs. 2.37 Cr registered on 30 Jan 2024 with Charge ID 100867034 was modified on 30 Jan 2024.
Appointed
Abhinash Panda was appointed as Director.
Appointed
Ananya Sahoo was appointed as Director.
Incorporation
12 May 2021
Shaakya Polymer Private Limited was registered on 12 May 2021 with Roc Cuttack & aged 5 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Shaakya Polymer Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Shaakya Polymer Private Limited
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MSME payment history
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Subsidiaries & Group Companies of Shaakya Polymer Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Shaakya Polymer Private Limited
Shaakya Polymer has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21ABGCS0548D1ZT | Odisha | Active | 20 May 2021 |
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MCA Filings & Documents of Shaakya Polymer Private Limited
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Frequently Asked Questions about Shaakya Polymer Private Limited
Shaakya Polymer is an active private limited company based in Bhubaneswar, Odisha, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 12 May 2021 (5+ years old) and is registered under CIN U25209OR2021PTC036438.
Shaakya Polymer reported revenue of ₹63.6 Cr for FY 2024 (up 2175% YoY).
Shaakya Polymer has 2 current directors:
- Abhinash Panda - Director
- Ananya Sahoo - Director
Shaakya Polymer reported a net profit of ₹1.04 Cr (net margin 1.6%) and EBITDA of ₹4.37 Cr (EBITDA margin 6.9%) for FY 2024, as per its filed financial statements.
The GSTIN of Shaakya Polymer is 21ABGCS0548D1ZT, registered in Odisha.
The CIN (Corporate Identification Number) of Shaakya Polymer is U25209OR2021PTC036438. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaakya Polymer has 3 court cases on record: 3 filed by the company. 3 are pending.
Shaakya Polymer was incorporated on 12 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Shaakya Polymer by revenue are Zahonero India Private Limited, Tridev Industries Private Limited, Network Polymers Private Limited, Jayachandran Global Refineries Private Limited, Ganpati Moulders Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Abhinash Panda was appointed as Director on 12 May 2021. Ananya Sahoo was appointed as Director on 12 May 2021.
Yes, Shaakya Polymer is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).