MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0001202
Sharp Ply (India) Private Limited - metals and minerals in Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹243.29 Cr
▲ 41% YoY
Net profit · FY 2025
₹9.68 Cr
Net margin 4%
EBITDA · FY 2025
₹17.18 Cr
EBITDA margin 7.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹36 Lakh
Issued & subscribed
Open charges
₹43.98 Cr
Satisfied ₹6.5 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
23
Provident fund records
About Sharp Ply (India) Private Limited
Data last updated:
Sharp Ply (India) Private Limited is a private limited company based in Karnataka, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 24 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20232KA2006PTC039083. Its GSTIN is 29AAKCS5588G1ZN (Karnataka). The company holds 13 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹36 Lakh. It is led by directors including Paras Tarachand Chowatia and Ruchil Chimanlal Choudhari.
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 114/14 Pp Industrial Estate First Main Road Deepanjali – Nagar Mysore Road Bangalore, Karnataka, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹243.29 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹9.68 Cr (net margin 4%) and EBITDA of ₹17.18 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sharp Ply. As per MCA filings, the company has open charges of ₹43.98 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 39 cases involving the company, including 32 filed by the company and 7 filed against it; 10 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹3.4 Cr; the latest was in March 2019. Its 6 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 2 smaller; the largest is Truzel Tradex Private Limited with revenue of ₹250.85 Cr.
Sharp Ply (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0001202). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sharpply.com.
Company details
CIN U20232KA2006PTC039083
Registration Number 039083
Incorporation Date 24 April 2006
ROC Bangalore
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 Medium
Udyam Registration UDYAM-KR-03-0001202
Key People
Paras Tarachand Chowatia Director Ruchil Chimanlal Choudhari Director Aditya Paras Chowatia Director Recognitions & Rankings of Sharp Ply (India)
Contact details
Sharp Ply (India) Private Limited's registered office is in 560 026, Karnataka., Karnataka. Its website is sharpply.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address114/14 Pp Industrial Estate First Main Road Deepanjali – Nagar Mysore Road Bangalore, Karnataka, India
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Sharp Ply (India) Private Limited, buy the company report.
Comprehensive company report
Sharp Ply (India) 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
Sharp Ply (India) operates one associated brand: Sharp Ply. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction formwork, plywood, scaffolding, and related supplies in India. | sharpply.com |
Business activity
The main business activity of Sharp Ply (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sharp Ply (India) Private Limited, buy the company report.
Financials of Sharp Ply (India) Private Limited
FY 2025 filings availableSharp Ply (India) Private Limited reported revenue of ₹243.29 Cr (up 41% YoY) for FY 2025.
Revenue · FY 2025
₹243.29 Cr ▲ 41%
Net profit · FY 2025
₹9.68 Cr margin 4%
EBITDA · FY 2025
₹17.18 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 241%
3 years · compounded
▲ 67%
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 41% growth in the latest year. EBITDA rose 241% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹243.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.68 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sharp Ply (India) Private Limited, buy the company report.
Board of directors of Sharp Ply (India) Private Limited
Sharp Ply (India) 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 |
|---|---|---|---|---|
| Paras Tarachand Chowatia Also directs: Abijah Multitrade Private Limited | Director | 24 Apr 2006 | 20 Years 6 Months | Current |
| Ruchil Chimanlal Choudhari | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
| Aditya Paras Chowatia Also directs: Kraftors Clothing LLP | Director | 16 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Sharp Ply (India) Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Truzel Tradex Private Limited | ₹250.85 Cr (FY 2018) | New Delhi, Delhi, India | ||||
| Chawla Ispat Private Limited | ₹250.09 Cr (FY 2025) | -8.0% | Rudrapur, Uttarakhand, India | |||
| Mitali Alloys Private Limited | ₹245.9 Cr (FY 2025) | -7.0% | Mandi Gobindgarh, Punjab, India | |||
| Iris Ceramica Private Limited | ₹245.24 Cr (FY 2025) | 526.0% | Ahmedabad, Gujarat, India | |||
| Sharp Ply (India) Private Limitedthis company | ₹243.29 Cr (FY 2025) | ₹9.68 Cr | 4% | 41.0% | 23 | Karnataka, India |
| Soni Wire Private Limited | ₹243.25 Cr (FY 2025) | 21.0% | Hyderabad, Telangana, India | |||
| Khandelwal Group Private Limited | ₹232.54 Cr (FY 2025) | -36.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Sharp Ply (India) Private Limited, buy the company report.
Auditor
Sharp Ply (India) Private Limited is audited by Saurabh S Lonawat for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Saurabh S Lonawat | FY 2025 |
Shareholding
The shareholding of Sharp Ply (India) 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 Sharp Ply (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹43.98 Cr
Satisfied charges
₹6.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2026 | 101384230 | Others | ₹46 Lakh | Open | |
| 18 Nov 2025 | 101210609 | Others | ₹67 Lakh | Open | |
| 30 Oct 2025 | 101210601 | Others | ₹18 Lakh | Open | |
| 18 Oct 2024 | 100995879 | Bank of India | ₹16 Lakh | Open | |
| 03 Jun 2023 | 100742907 | Hdfc Bank Limited | ₹8.09 Lakh | Open |
To see the full charge records of Sharp Ply (India) Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Sharp Ply (India) Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹3.4 Cr; the latest was in March 2019.
Total deals
7
Secondary share transfers
6
Funding round
1
Disclosed funding
₹3.4 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Navajyoti Consultancy Private Limited Seller: Safal Resorts Private Limited , Priority Traders Private Limited, Park Tools Limited |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Utkantha Trading Private Limited, Induslife Commondities Private Limited, Oshin Investments & Finance Pvt. Ltd. |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Shalimar-Bansal Realtors Private Limited Seller: Shalimar Realtors Pvt Ltd |
| Jan 2008 | Funding round | ₹3.4 Cr | Investors: Oshin Investments & Finance Pvt. Ltd. , Shalimar Realtors Pvt Ltd , Hemakuta Sugar & Allied Industries Limited |
To see the full deal history of Sharp Ply (India) 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
Sharp Ply (India) Private Limited has 39 court cases on record: 32 filed by Sharp Ply (India), 7 filed against it. 10 cases are pending and 29 are disposed.
Total cases
39
Filed by the company
32
Filed against the company
7
Pending
10
Disposed
29
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 6 | 9 |
| High courts | 5 | 1 | 1 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Sai Constructions Pvt Ltd | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Execution petition | Filed against the company by Forestree India Pvt Ltd Rep by Its Authorized Person Mr. E. Chandrasekar | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S GM Infinite Dwelling India Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Court case (CRP(MD)) | Filed against the company by Forestree India Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Shapoorji Pallonji and Co Private Limited | Pending |
To see the full case history of Sharp Ply (India) 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 Sharp Ply (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sharp Ply (India) Private Limited has a workforce of 23 employees on its EPFO records as of Jan 15, 2026, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
9.52%
GST
Sharp Ply (India) has 13 GST registrations: 10 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
10
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCS5588G1ZN | Karnataka | Active | 01 Jul 2017 |
| 07AAKCS5588G1ZT | Delhi | Active | 01 Jul 2017 |
| 22AAKCS5588G1Z1 | Chattisgarh | Active | 01 Jul 2017 |
| 24AAKCS5588G1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sharp Ply (India) Private Limited, buy the company report.
Recent activity
Sharp Ply (India) Private Limited has 9 board changes on record since 2006: 6 appointments and 3 cessations. The latest: Aditya Paras Chowatia was appointed as Director on 16 Nov 2018.
Charges
A charge with Others amounted to Rs. 46.00 Lakh with Charge ID 101384230 was registered on 31 Jul 2026.
Charges
A charge with Others of Rs. 4,054.52 Lakh registered on 18 Nov 2021 with Charge ID 100502498 was modified on 03 Jul 2026.
Charges
A charge with Others amounted to Rs. 67.00 Lakh with Charge ID 101210609 was registered on 18 Nov 2025.
Charges
A charge with Others amounted to Rs. 18.00 Lakh with Charge ID 101210601 was registered on 30 Oct 2025.
AGM
Sharp Ply (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sharp Ply (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Bank Of India amounted to Rs. 16.00 Lakh with Charge ID 100995879 was registered on 18 Oct 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.09 Lakh with Charge ID 100742907 was registered on 03 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.00 Lakh with Charge ID 100676093 was registered on 24 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 97.47 Lakh with Charge ID 100564410 was registered on 30 Mar 2022.
Charges
A charge with Others amounted to Rs. 4,054.52 Lakh with Charge ID 100502498 was registered on 18 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Lakh with Charge ID 100408630 was registered on 27 Oct 2020.
16 earlier events are in the company report.
Frequently asked questions
Sharp Ply (India) is an active private limited company based in Karnataka, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 24 April 2006 (20+ years old) and is registered under CIN U20232KA2006PTC039083.
Sharp Ply (India) has 3 current directors:
- Paras Tarachand Chowatia - Director
- Ruchil Chimanlal Choudhari - Director
- Aditya Paras Chowatia - Director
The latest financial statements of Sharp Ply (India) 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 Sharp Ply (India) is 29AAKCS5588G1ZN, registered in Karnataka. The company has 13 GST registrations in all, of which 10 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAKCS5588G1ZT (Delhi), 22AAKCS5588G1Z1 (Chattisgarh), 24AAKCS5588G1ZX (Gujarat).
The CIN (Corporate Identification Number) of Sharp Ply (India) is U20232KA2006PTC039083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharp Ply (India) has 39 court cases on record: 32 filed by the company and 7 filed against it. 10 are pending. Most are in the district courts.
Sharp Ply (India) was incorporated on 24 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Sharp Ply (India) has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹3.4 Cr; the latest was in March 2019.
The peers of Sharp Ply (India) by revenue are Truzel Tradex Private Limited, Chawla Ispat Private Limited, Mitali Alloys Private Limited, Iris Ceramica Private Limited, Soni Wire Private Limited and 1 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Aditya Paras Chowatia was appointed as Director on 16 Nov 2018. Ruchil Chimanlal Choudhari was appointed as Director on 16 Nov 2018. Sona Paras Chowatia ceased to be Director on 16 Nov 2018. Sharp Ply (India) has 9 board changes on record in total.
Yes, Sharp Ply (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0001202).