About Shakti Polyweave Private Limited
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Shakti Polyweave Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 17 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1997PTC033436. Its GSTIN is 24AACCS1107M1ZL (Gujarat).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹96.02 Lakh. It is led by directors including Hanskumar Ramakant Agarwal and Jatanlal Gulabchand Surana.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹505.66 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹36.29 Cr (net margin 7.2%) and EBITDA of ₹48.41 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company has about 1,206 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹189.02 Cr and satisfied charges of ₹208.97 Cr on record. Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 3 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹45 Lakh; the latest was in March 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shaktipolyweave.com.
Company details
Contact details
Shakti Polyweave Private Limited's registered office is in Ahmedabad, Gujarat. Its website is shaktipolyweave.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressHarmony 3rd Floor 15/A Shree Vidhyanagar Co.Op. Hsg. Soc. Ltd. Opp. Nabard Nr. Usmanpura, Garden, Ahmedabad, Gujarat, India – 380014
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Shakti Polyweave Private Limited, buy the company report.
- 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
Business activity
The main business activities of Shakti Polyweave are manufacturing and support service to organizations. In detail, this covers textile, leather and other apparel products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Shakti Polyweave Private Limited, buy the company report.
Financials of Shakti Polyweave Private Limited
FY 2025 filings availableShakti Polyweave Private Limited reported revenue of ₹505.66 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 16% growth in the latest year. EBITDA rose 27% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹505.66 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹48.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.29 Cr | ||||
| 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 | 9.6% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shakti Polyweave Private Limited, buy the company report.
Board of directors of Shakti Polyweave Private Limited
Shakti Polyweave has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hanskumar Ramakant Agarwal Also directs: Aurum Fabrictech LLP, Shri Techtex Limited, Global Polyweave Private Limited and 5 more | Director | 17 Dec 1997 | 28 Years 10 Months | Current |
| Jatanlal Gulabchand Surana Also directs: Shakti Techtex Private Limited | Director | 29 Jun 2009 | 17 Years 4 Months | Current |
| Radhadevi R Agrawal Also directs: Shri Jagdamba Polymers Limited | Director | 14 Oct 2015 | 11 Years 0 Months | Current |
| Vikas Shrikishan Agarwal | Additional Director | 11 Nov 2025 | 0 Years 11 Months | Current |
| Shradha Hanskumar Agarwal | Additional Director | 11 Nov 2025 | 0 Years 11 Months | Current |
| Ashish Ashokkumar Bhaiya | Director | 14 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Shakti Polyweave Private Limited is audited by Loonia & Associates for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Loonia & Associates | FY 2025 | 130883W |
Shareholding
The shareholding of Shakti Polyweave Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shakti Polyweave Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2025 | 101087128 | Others | ₹1.18 Cr | Open | |
| 24 Mar 2025 | 101077841 | Hdfc Bank Limited | ₹25.5 Cr | Open | |
| 14 May 2021 | 100454048 | The Hongkong and Shanghai Banking Corporation Limited | ₹69.5 Cr | Open | |
| 29 Apr 2021 | 100447030 | The Hongkong and Shanghai Banking Corporation Limited | ₹42.84 Cr | Open | |
| 23 Dec 2014 | 10540579 | Others | ₹44 Cr | Open |
To see the full charge records of Shakti Polyweave Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Shakti Polyweave Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹45 Lakh; the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2009 | Funding round | ₹45 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shakti Polyweave Private Limited has 19 court cases on record: 9 filed by Shakti Polyweave, 10 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 8 | 2 |
| High courts | 9 | 2 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against United India Insurance Company Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against United India Insurance Company Ltd. | Disposed |
| High Court, GUJARAT | Arbitration matter | Filed by the company against United India Insurance Co. Ltd. | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against United India Insurance Co. Ltd. | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against The Deputy Commissioner of Income Tax, Circle - 4(1)(1), Ahmedabad | Pending |
To see the full case history of Shakti Polyweave 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.
Credit ratings & regulatory alerts
Shakti Polyweave Private Limited was last rated by Care on 11 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Apr 2023 |
To see the full credit ratings and regulatory alerts of Shakti Polyweave Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shakti Polyweave Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shakti Polyweave Private Limited has a workforce of 1,206 employees on its EPFO records as of Jan 22, 2026, across 2 active EPFO establishments.
GST
Shakti Polyweave has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS1107M1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shakti Polyweave Private Limited, buy the company report.
Recent activity
Shakti Polyweave Private Limited has 12 board changes on record since 1997: 6 appointments and 6 cessations. The latest: Shradha Hanskumar Agarwal was appointed as Additional Director on 11 Nov 2025.
32 earlier events are in the company report.
Frequently asked questions
Shakti Polyweave is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 17 December 1997 (29+ years old) and is registered under CIN U17110GJ1997PTC033436.
Shakti Polyweave has 6 current directors:
- Hanskumar Ramakant Agarwal - Director
- Jatanlal Gulabchand Surana - Director
- Radhadevi R Agrawal - Director
- Vikas Shrikishan Agarwal - Additional Director
- Shradha Hanskumar Agarwal - Additional Director
- Ashish Ashokkumar Bhaiya - Director
The latest financial statements of Shakti Polyweave on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shakti Polyweave is 24AACCS1107M1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Shakti Polyweave is U17110GJ1997PTC033436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Polyweave has 19 court cases on record: 9 filed by the company and 10 filed against it. 3 are pending. Most are in the district courts.
Shakti Polyweave was incorporated on 17 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shakti Polyweave has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹45 Lakh; the latest was in March 2017.
Shradha Hanskumar Agarwal was appointed as Additional Director on 11 Nov 2025. Vikas Shrikishan Agarwal was appointed as Additional Director on 11 Nov 2025. Ashish Ashokkumar Bhaiya was appointed as Director on 14 Jul 2025. Shakti Polyweave has 12 board changes on record in total.
Shakti Polyweave can be reached through the website shaktipolyweave.com. Its registered office is in Ahmedabad, Gujarat, India.
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