About Shaurya Polymers Private Limited
Data last updated:
Shaurya Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 29 June 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25203KA1973PTC002358. Its GSTIN is 29AAACE3254B1Z2 (Karnataka).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.31 Cr. It was formerly known as Eshwar Paper Mills Private Limited. It is led by directors including Kanta Bagri and Laxminarayan Bagri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 253 254 Peenya Indl. Estate Phase – III Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹64.14 Cr, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹8.68 Cr (net margin 13.5%) and EBITDA of ₹12.05 Cr (EBITDA margin 18.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹35.9 Cr on record. Court records list 21 cases involving the company, including 21 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shauryapolymers.business.site.
- EmailLocked
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- Social MediaLocked
- Registered Address253 254 Peenya Indl. Estate Phase – III Bangalore, Karnataka, India – 560058
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
- 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
- One PDF report, delivered after checkout
Business Activity of Shaurya Polymers Private Limited
The main business activity of Shaurya Polymers 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shaurya Polymers Private Limited FY 2024 filings available
Shaurya Polymers Private Limited reported revenue of ₹64.14 Cr (up 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shaurya Polymers Private Limited
Revenue rose 65% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 288% 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 of Shaurya Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹12.05 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.68 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shaurya Polymers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.5% | •••• | •••• | •••• | •••• |
| 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 Shaurya Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shaurya Polymers Private Limited
Shaurya Polymers Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jagdamba Polymers Limited | ₹64.52 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Balasore, Odisha, India |
| Precision Seals Manufacturing Private Limited | ₹64.47 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Sarvodaya Polymers Private Limited | ₹64.37 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Nimbahera, Rajasthan, India |
| Moh Recycling Private Limited | ₹64.24 Cr (FY 2025) | •••• | •••• | 275.0% | •••• | Ahmedabad, Gujarat, India |
| Sinha Multilevel Marketing Private Limited | ₹64.16 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Howrah, West Bengal, India |
| Shaurya Polymers Private Limited this company | ₹64.14 Cr (FY 2024) | •••• | •••• | 65.0% | •••• | Bangalore, Karnataka, India |
| Meridian Polymers Private Limited | ₹64.12 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Hyderabad, Telangana, India |
| Reutter Innovative Closure Technologies Private Limited | ₹64.1 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Multiweaves Polyfibers Private Limited | ₹64.1 Cr (FY 2025) | •••• | •••• | 363.0% | •••• | Chandrapur, Maharashtra, India |
| Network Polymers Private Limited | ₹63.93 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Shivmiith Polymer Private Limited | ₹63.89 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Church Rd, Chennai-7, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Shaurya Polymers by revenue in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products), 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 Shaurya Polymers Private Limited
Shaurya Polymers Private Limited is audited by LAWRENCE TELLIS AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LAWRENCE TELLIS AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shaurya Polymers Private Limited
Shaurya Polymers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanta Bagri | Director | 01 Mar 1995 | 31 Years 7 Months | Current |
| Laxminarayan Bagri | Director | 20 Oct 1994 | 31 Years 11 Months | Current |
| Akshay Bagri | Additional Director | 01 Sep 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Shaurya Polymers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shaurya Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2018 | Others | ₹15 Cr | Satisfied |
| 29 Sep 2014 | Bank of Baroda | ₹12.6 Cr | Satisfied |
| 26 Aug 2013 | Bank of Baroda | ₹14.85 Lakh | Satisfied |
| 01 Jul 2013 | Bank of Baroda | ₹5 Cr | Satisfied |
| 20 Jan 2011 | Rpm Finance | ₹10 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Shaurya Polymers Private Limited
Shaurya Polymers Private Limited has 21 court cases on record: 21 filed by Shaurya Polymers. 4 cases are pending and 17 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 0 | 1 |
| High courts | 7 | 0 | 3 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Saffron Proplus Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Saffron Proplus Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Saffron Proplus Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Saffron Proplus Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Saffron Proplus Private Limited | Disposed |
Full case history
All 21 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Shaurya Polymers Private Limited
Shaurya Polymers Private Limited has a workforce of 13 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Shaurya Polymers Private Limited
Shaurya Polymers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25203KA1973PTC002358, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25203KA1973PTC002358 | Current |
| U85110KA1973PTC002358 | Previous |
| U21000KA1973PTC002358 | Previous |
Recent Activity on Shaurya Polymers Private Limited
Shaurya Polymers Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Akshay Bagri was appointed as Additional Director on 01 Sep 2025.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shaurya Polymers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shaurya Polymers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shaurya Polymers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shaurya Polymers Private Limited
Shaurya Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE3254B1Z2 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shaurya Polymers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shaurya Polymers Private Limited
Shaurya Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 29 June 1973 (53+ years old) and is registered under CIN U25203KA1973PTC002358.
Shaurya Polymers reported revenue of ₹64.14 Cr for FY 2024 (up 65% YoY).
Shaurya Polymers has 3 current directors:
- Kanta Bagri - Director
- Laxminarayan Bagri - Director
- Akshay Bagri - Additional Director
Shaurya Polymers reported a net profit of ₹8.68 Cr (net margin 13.5%) and EBITDA of ₹12.05 Cr (EBITDA margin 18.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shaurya Polymers is 10% over three years and -2% over five years. In the latest year (FY 2024) revenue rose 65%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shaurya Polymers is 29AAACE3254B1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Shaurya Polymers is U25203KA1973PTC002358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shaurya Polymers has 21 court cases on record: 21 filed by the company. 4 are pending. Most are in the district courts.
Shaurya Polymers was incorporated on 29 June 1973, making it 53+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shaurya Polymers by revenue are Jagdamba Polymers Limited, Precision Seals Manufacturing Private Limited, Sarvodaya Polymers Private Limited, Moh Recycling Private Limited, Sinha Multilevel Marketing Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products).
Akshay Bagri was appointed as Additional Director on 01 Sep 2025. Kanta Bagri was appointed as Director on 01 Mar 1995. Laxminarayan Bagri was appointed as Director on 20 Oct 1994.