- Category
- Medium (2023-24)
- Udyam number
- UDYAM-DN-01-0000381

About Shree Polyester Industries Private Limited
Data last updated:
Shree Polyester Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1997PTC106765. Its GSTIN is 24AAECS5964J1Z0 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹8.56 Cr. It is led by directors including Linesh Laherchand Nagda and Piyush Nawalkishore Goenka.
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 28/30 Anant Wadi 1st Floor Binani Bhavan Bhuleshwar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.37 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹32.25 Lakh (net margin 0.3%) and EBITDA of ₹4.28 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹110.52 Cr and satisfied charges of ₹4.06 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
Shree Polyester Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DN-01-0000381). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreeindustries.net.
Company details
Recognitions & Rankings of Shree Polyester Industries
Contact details
Shree Polyester Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is shreeindustries.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address28/30 Anant Wadi 1st Floor Binani Bhavan Bhuleshwar, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shree Polyester Industries 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 Polyester Industries 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 Polyester Industries Private Limited, buy the company report.
Financials of Shree Polyester Industries Private Limited
FY 2024 filings availableShree Polyester Industries Private Limited reported revenue of ₹96.37 Cr (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 35% growth in the latest year. EBITDA fell 7% 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 | ₹4.28 Cr | ||||
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| Net Profit (PAT) | ₹32.25 Lakh | ||||
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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 | 4.4% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Shree Polyester Industries Private Limited, buy the company report.
Board of directors of Shree Polyester Industries Private Limited
Shree Polyester Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Linesh Laherchand Nagda | Director | 13 Apr 1999 | 27 Years 6 Months | Current |
| Piyush Nawalkishore Goenka | Director | 25 Feb 2016 | 10 Years 7 Months | Current |
| Ashish Nandkishor Goenka | Director | 01 Sep 2000 | 26 Years 1 Months | Current |
Peer comparison
Shree Polyester Industries Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Krishna Alkali (Bombay) Private Limited | ₹96.66 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Bhaskar Silk Mills Private Limited | ₹96.63 Cr (FY 2025) | 1.0% | Surat, Gujarat, India | |||
| Shree Siddhivinayak Cotfab Private Limited | ₹96.63 Cr (FY 2025) | -48.0% | Ahmedabad, Gujarat, India | |||
| Kanti Fashion Fabs (India) Private Limited | ₹96.52 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Shree Polyester Industries Private Limitedthis company | ₹96.37 Cr (FY 2025) | ₹32.25 Lakh | 0.3% | 35.0% | 34 | Mumbai, Maharashtra, India |
| Sri Vasudeva Textiles Private Limited | ₹96.36 Cr (FY 2024) | -6.0% | Coimbatore, Tamil Nadu, India | |||
| Sultanpure Textile Mills Private Limited | ₹96.33 Cr (FY 2025) | 8.0% | Kolhapur, Maharashtra, India | |||
| Ambuja Ginning Pressing and Oil Company Pvt Ltd | ₹96.27 Cr (FY 2025) | 20.0% | Bhavnagar, Gujarat, India | |||
| Bajaj Processors Private Limited | ₹96.27 Cr (FY 2024) | -2.0% | Ahmedabad, Gujarat, India | |||
| Kautilya Industries Private Limited | ₹96.1 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shree Polyester Industries Private Limited, buy the company report.
Auditor
Shree Polyester Industries Private Limited is audited by MAJITHIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAJITHIA & ASSOCIATES | FY 2023 | 105871W |
Shareholding
The shareholding of Shree Polyester Industries 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 Polyester Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2024 | 100890136 | Others | ₹1.6 Cr | Open | |
| 09 Feb 2022 | 100536250 | Others | ₹95 Lakh | Open | |
| 25 May 2021 | 100446925 | Others | ₹24.67 Cr | Open | |
| 24 Oct 2016 | 100058431 | Others | ₹1.5 Cr | Open | |
| 15 Jul 2015 | 10582530 | Oriental Bank of Commerce | ₹6 Cr | Open |
To see the full charge records of Shree Polyester Industries Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Shree Polyester Industries Private Limited has 3 court cases on record: 1 filed by Shree Polyester Industries, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (EX AB) | Filed by the company against M/S National Elastics | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Shree Polyester Industries 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
Shree Polyester Industries Private Limited was last rated by Icra on 14 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Jul 2021 |
To see the full credit ratings and regulatory alerts of Shree Polyester Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shree Polyester Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shree Polyester Industries Private Limited has a workforce of 34 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Shree Polyester Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECS5964J1Z0 | Gujarat | Active | 01 Jul 2017 |
| 26AAECS5964J1ZW | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Polyester Industries Private Limited, buy the company report.
Recent activity
Shree Polyester Industries Private Limited has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Piyush Nawalkishore Goenka ceased to be Additional Director on 30 Sep 2016.
14 earlier events are in the company report.
Frequently asked questions
Shree Polyester Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 March 1997 (29+ years old) and is registered under CIN U17110MH1997PTC106765.
Shree Polyester Industries has 3 current directors:
- Linesh Laherchand Nagda - Director
- Piyush Nawalkishore Goenka - Director
- Ashish Nandkishor Goenka - Director
The latest financial statements of Shree Polyester Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Polyester Industries is 24AAECS5964J1Z0, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 26AAECS5964J1ZW (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Shree Polyester Industries is U17110MH1997PTC106765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Polyester Industries has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Shree Polyester Industries was incorporated on 21 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shree Polyester Industries by revenue are Krishna Alkali (Bombay) Private Limited, Bhaskar Silk Mills Private Limited, Shree Siddhivinayak Cotfab Private Limited, Kanti Fashion Fabs (India) Private Limited, Sri Vasudeva Textiles Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Piyush Nawalkishore Goenka ceased to be Additional Director on 30 Sep 2016. Piyush Nawalkishore Goenka was appointed as Director on 25 Feb 2016. Ashish Nandkishor Goenka was appointed as Director on 01 Sep 2000. Shree Polyester Industries has 4 board changes on record in total.
Yes, Shree Polyester Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-DN-01-0000381).
Shree Polyester Industries can be reached through the website shreeindustries.net. Its registered office is in Mumbai, Maharashtra, India.