About Shree Durga Syntex Private Limited
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Shree Durga Syntex Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 10 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ2003PTC041979. Its GSTIN is 24AABCD8894P1ZV (Gujarat). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹47.69 Cr. It is led by directors including Bachhraj Ghewarchand Begani (Managing Director) and Pawankumar Bachhraj Begani (Managing Director).
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 Block No. 129 & 175 Plot No. Z & E Village: Jolwa Taluka: Palsana, Surat, Gujarat, India – 394305.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,038.27 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹44.32 Cr (net margin 2.2%) and EBITDA of ₹122.86 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.
The company has about 801 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹788.23 Cr and satisfied charges of ₹1,056.42 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 5 cases are pending. The company has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹82.95 Cr; the latest was in October 2021. Its 5 peer companies in the Manufacturing industry (Plastics and Resins, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 3 smaller; the largest is Orient Craft Limited with revenue of ₹2,045.2 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 216 overdue payments to 30 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreedurgasyntex.com.
Company details
Contact details
Shree Durga Syntex Private Limited's registered office is in Surat, Gujarat. Its website is shreedurgasyntex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock No. 129 & 175 Plot No. Z & E Village: Jolwa Taluka: Palsana, Surat, Gujarat, India – 394305
- IndustryManufacturing, Plastic & Resins, Textile & Fabric Production
To see the full contact details of Shree Durga Syntex 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 activity of Shree Durga Syntex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Shree Durga Syntex Private Limited, buy the company report.
Financials of Shree Durga Syntex Private Limited
FY 2025 filings availableShree Durga Syntex Private Limited reported revenue of ₹2,038.27 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 14% growth in the latest year. EBITDA rose 11% 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 | ₹122.86 Cr | ||||
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| Net Profit (PAT) | ₹44.32 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 | 6% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Shree Durga Syntex Private Limited, buy the company report.
Board of directors of Shree Durga Syntex Private Limited
Shree Durga Syntex has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bachhraj Ghewarchand Begani Also directs: Begani Foundation | Managing Director | 20 Dec 2005 | 20 Years 10 Months | Current |
| Deepakkumar Sunilkumar Begani | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Pawankumar Bachhraj Begani Also directs: Begani Foundation, Pankaj Fashions Private Limited | Managing Director | 10 Feb 2003 | 23 Years 8 Months | Current |
| Vinay Kumar Sethiya | Director | 13 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Shree Durga Syntex Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orient Craft Limited | ₹2,045.2 Cr (FY 2020) | -8.0% | Gurgaon, Haryana, India | |||
| Century Enka Limited | ₹2,039.01 Cr (FY 2025) | 15.0% | Pune, Maharashtra, India | |||
| Shree Durga Syntex Private Limitedthis company | ₹2,038.27 Cr (FY 2025) | ₹44.32 Cr | 2.2% | 14.0% | 801 | Surat, Gujarat, India |
| Space Textiles Private Limited | ₹2,001.36 Cr (FY 2024) | 12.0% | Coimbatore, Tamil Nadu, India | |||
| Beekaylon Synthetics Private Limited | ₹1,868.62 Cr (FY 2025) | 13.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Gimatex Industries Private Limited | ₹1,810.23 Cr (FY 2025) | 13.0% | Hinganghat, Maharashtra, India |
To see the full peer comparison of Shree Durga Syntex Private Limited, buy the company report.
Auditor
Shree Durga Syntex Private Limited is audited by Shah Kailash & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Kailash & Associates LLP | FY 2023 | 109647W |
Shareholding
The shareholding of Shree Durga Syntex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shree Durga Syntex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2023 | 100788990 | Others | ₹27 Cr | Open | |
| 17 Jul 2023 | 100748202 | State Bank of India | ₹69 Cr | Open | |
| 19 Aug 2013 | 10450179 | State Bank of India | ₹311.91 Cr | Open | |
| 17 Aug 2013 | 10450176 | State Bank of India | ₹380.32 Cr | Open | |
| 06 Nov 2021 | 100505511 | Others | ₹60 Cr | Satisfied |
To see the full charge records of Shree Durga Syntex Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Shree Durga Syntex Private Limited has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹82.95 Cr; the latest was in October 2021.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Funding round | ₹8 Cr | Investors: Begani Dyeing Mills Private Limited |
| Mar 2015 | Funding round | ₹15.85 Cr | Investors: Begani Dyeing Mills Private Limited , 3 individuals |
| Oct 2014 | Funding round | ₹3.57 Cr | Investors: Begani Dyeing Mills Private Limited , 2 individuals |
| Dec 2013 | Funding round | ₹23.67 Cr | Investors: Pawan Syntex Private Limited , 3 individuals |
| Sep 2012 | Funding round | ₹13.76 Cr | Investors: Rashmi Poly Fab Private Limited, Pawan Syntex Private Limited , Begani Dyeing Mills Private Limited , an individual |
To see the full deal history of Shree Durga Syntex 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
Shree Durga Syntex Private Limited has 11 court cases on record: 5 filed by Shree Durga Syntex, 6 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 3 |
| District courts | 2 | 2 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Alltex Exim Private Limited and 1 other | Pending |
| District court, SURAT, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 1 | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Canara Bank and 2 others | Pending |
To see the full case history of Shree Durga Syntex 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
Shree Durga Syntex Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 216 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Future Hvac Systems | |||
| an individual supplier | |||
| Himgiri FRP Cooling Towers Private Limited | |||
| Rudra Packaging | |||
| Aerochem Industries |
To see the full MSME payment records of Shree Durga Syntex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shree Durga Syntex has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shreedurga Textile Industries Private Limited | U17299GJ2021PTC127446 | |
| BRB Industries Private Limited | U17299GJ2021PTC127899 |
To see the full group structure of Shree Durga Syntex Private Limited, buy the company report.
Employees & EPFO
Shree Durga Syntex Private Limited has a workforce of 801 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Shree Durga Syntex has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD8894P1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Durga Syntex Private Limited, buy the company report.
Recent activity
Shree Durga Syntex Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Harsh Vardhan Sethia ceased to be Director on 31 Oct 2025.
27 earlier events are in the company report.
Frequently asked questions
Shree Durga Syntex is an active private limited company based in Surat, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 10 February 2003 (23+ years old) and is registered under CIN U17119GJ2003PTC041979.
Shree Durga Syntex has 4 current directors:
- Bachhraj Ghewarchand Begani - Managing Director
- Pawankumar Bachhraj Begani - Managing Director
- Deepakkumar Sunilkumar Begani - Director
- Vinay Kumar Sethiya - Director
The latest financial statements of Shree Durga Syntex 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 Shree Durga Syntex is 24AABCD8894P1ZV, registered in Gujarat. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shree Durga Syntex is U17119GJ2003PTC041979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Durga Syntex has 11 court cases on record: 5 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.
Shree Durga Syntex was incorporated on 10 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shree Durga Syntex has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹82.95 Cr; the latest was in October 2021.
The peers of Shree Durga Syntex by revenue are Orient Craft Limited, Century Enka Limited, Space Textiles Private Limited, Beekaylon Synthetics Private Limited, Gimatex Industries Private Limited, all in the Manufacturing industry (Plastics and Resins, Textiles), with the same principal business activity (textile, leather and other apparel products).
Harsh Vardhan Sethia ceased to be Director on 31 Oct 2025. Vinay Kumar Sethiya was appointed as Director on 13 Mar 2025. Deepakkumar Sunilkumar Begani was appointed as Director on 01 Apr 2024. Shree Durga Syntex has 8 board changes on record in total.
Shree Durga Syntex has 6 MSME Form 1 returns on record between 2019 and 2023, listing 216 overdue payments to 30 micro and small suppliers. The latest return was filed on 19 Dec 2023.
Shree Durga Syntex can be reached through the website shreedurgasyntex.com. Its registered office is in Surat, Gujarat, India.
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