About Shakun Polymers Private Limited
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Shakun Polymers Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Mexichem Compuestos Sa De Cv. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 03 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1995PTC025304. Its GSTIN is 24AACCS5500Q1Z8 (Gujarat). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹22.46 Cr. It was formerly known as Shakun Polymers Limited. It is led by directors including Rajesh Dhanraj Bansal (Whole-Time Director) and Gautam Satyamurthy Nivarthy.
Its last annual general meeting (AGM) was held on 28 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 501 – 504 Iscon Heights Atria – 2 Opp Gujarat Energy Training & Research Institute Gotri Roa, D, Vadodara, Gujarat, India – 390021.
As per the financials filed for FY 2025, the company reported a revenue of ₹743.18 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹99 Cr (net margin 13.3%) and EBITDA of ₹153.86 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 17% over five years.
The company has about 269 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shakun Polymers. As per MCA filings, the company has open charges of ₹320 Cr and satisfied charges of ₹6.7 Cr on record. Court records list 22 cases involving the company, including 12 filed by the company and 10 filed against it; 4 cases are pending. The company has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹36 Cr; the latest was in June 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shakunpolymers.com.
Company details
CIN history
Shakun Polymers has one previous CIN (Corporate Identification Number): U17119GJ1995PLC025304. The current CIN is U17119GJ1995PTC025304, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17119GJ1995PTC025304 | Current |
| U17119GJ1995PLC025304 | Previous |
Contact details
Shakun Polymers Private Limited's registered office is in Vadodara, Gujarat. Its website is shakunpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address501 – 504 Iscon Heights Atria – 2 Opp Gujarat Energy Training & Research Institute Gotri Roa, D, Vadodara, Gujarat, India – 390021
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Shakun Polymers 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
Brands
Shakun Polymers operates one associated brand: Shakun Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Polyethylene, PVC, and TPR compounds are manufactured in India. | shakunpolymers.com |
Business activity
The main business activity of Shakun Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | |
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shakun Polymers Private Limited, buy the company report.
Financials of Shakun Polymers Private Limited
FY 2025 filings availableShakun Polymers Private Limited reported revenue of ₹743.18 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 11% growth in the latest year. EBITDA rose 17% 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 | ₹153.86 Cr | ||||
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| Net Profit (PAT) | ₹99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 13.3% | ||||
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To see the full financial statements and ratios of Shakun Polymers Private Limited, buy the company report.
Board of directors of Shakun Polymers Private Limited
Shakun Polymers has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gautam Satyamurthy Nivarthy | Director | 22 Jun 2021 | 5 Years 4 Months | Current |
| Rajesh Dhanraj Bansal | Whole-Time Director | 02 Jan 1996 | 30 Years 9 Months | Current |
| Randhirsinh Abasinh Chauhan | Director | 06 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Shakun Polymers Private Limited is audited by CNK & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & Associates LLP | FY 2022 | 101961W |
Shareholding
The shareholding of Shakun Polymers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Shakun Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2006 | 10017708 | Others | ₹160 Cr | Open | |
| 22 Jun 2005 | 90101121 | Others | ₹160 Cr | Open | |
| 10 Jul 2000 | 90100720 | Bank of Baroda | ₹6.7 Cr | Satisfied |
To see the full charge records of Shakun Polymers Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Shakun Polymers Private Limited has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹36 Cr; the latest was in June 2022.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Geetesh Bansal HUF, Rajesh Bansal HUF, Rakesh Bansal HUF |
| Jun 2021 | Funding round | ₹36 Cr | Investors: an individual |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
To see the full deal history of Shakun Polymers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shakun Polymers Private Limited has 22 court cases on record: 12 filed by Shakun Polymers, 10 filed against it. 4 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 6 | 3 |
| High courts | 4 | 4 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against M/S Konda Industries Pvt Ltd and 2 others | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by DCB Bank Ltd | Disposed |
| District court, Bilaspur, Chhattisgarh | Court case (SPL. CASE (COMP.ACT)) | Filed against the company by South Eastern Coalfields Ltd. | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Gautamraha Director of M/S Crystal Cable Industries Ltd. and 5 others | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed by the company against Gautamraha Director of M/S Crystal Cable Industries Ltd. and 5 others | Disposed |
To see the full case history of Shakun 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.
Credit ratings & regulatory alerts
Shakun Polymers Private Limited was last rated by Crisil on 02 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 02 Mar 2020 |
To see the full credit ratings and regulatory alerts of Shakun Polymers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shakun Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shakun Polymers Private Limited has a workforce of 269 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Shakun Polymers has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS5500Q1Z8 | Gujarat | Active | 01 Jul 2017 |
| 24AACCS5500Q2Z7 | Gujarat | Active | 21 Jul 2017 |
| 26AACCS5500Q1Z4 | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Shakun Polymers Private Limited, buy the company report.
Recent activity
Shakun Polymers Private Limited has 21 board changes on record since 1996: 12 appointments and 9 cessations. The latest: Randhirsinh Abasinh Chauhan was appointed as Director on 06 Jul 2023.
18 earlier events are in the company report.
Frequently asked questions
Shakun Polymers is an active private limited company based in Vadodara, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 03 April 1995 (31+ years old) and is registered under CIN U17119GJ1995PTC025304.
Shakun Polymers has 3 current directors:
- Rajesh Dhanraj Bansal - Whole-Time Director
- Gautam Satyamurthy Nivarthy - Director
- Randhirsinh Abasinh Chauhan - Director
The latest financial statements of Shakun Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shakun Polymers is 24AACCS5500Q1Z8, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCS5500Q2Z7 (Gujarat), 26AACCS5500Q1Z4 (Daman & Diu).
The CIN (Corporate Identification Number) of Shakun Polymers is U17119GJ1995PTC025304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakun Polymers has 22 court cases on record: 12 filed by the company and 10 filed against it. 4 are pending. Most are in the district courts.
Shakun Polymers was incorporated on 03 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shakun Polymers has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹36 Cr; the latest was in June 2022.
Randhirsinh Abasinh Chauhan was appointed as Director on 06 Jul 2023. Richard Correia ceased to be Director on 06 Jul 2023. Gautam Satyamurthy Nivarthy was appointed as Director on 22 Jun 2021. Shakun Polymers has 21 board changes on record in total.
Shakun Polymers can be reached through the website shakunpolymers.com. Its registered office is in Vadodara, Gujarat, India.