Shri Laxmi Polycoat Private Limited
About Shri Laxmi Polycoat Private Limited
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Shri Laxmi Polycoat Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC072699. Its GSTIN is 24AASCS3231N1ZY (Gujarat).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.5 Cr. It is led by directors Pratik Surender Mittal and Gunjan Surender Mittal.
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 84 Devraj Industrial Park Piplej Pirana Road, Ahmedabad, Gujarat, India – 382345.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.69 Cr, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹4.19 Lakh (net margin -0.1%) and EBITDA of ₹2.38 Cr (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 9% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.33 Cr and satisfied charges of ₹23.75 Cr on record. The company has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹6.49 Cr; the latest was in March 2015. Its 6 peer companies in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 larger and 3 smaller; the largest is Sands Synergy Private Limited with revenue of ₹62.96 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Shri Laxmi Polycoat Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address84 Devraj Industrial Park Piplej Pirana Road, Ahmedabad, Gujarat, India – 382345
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shri Laxmi Polycoat 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 Shri Laxmi Polycoat 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 Shri Laxmi Polycoat Private Limited, buy the company report.
Financials of Shri Laxmi Polycoat Private Limited
FY 2025 filings availableShri Laxmi Polycoat Private Limited reported revenue of ₹39.69 Cr (down 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 67% fall in the latest year. EBITDA fell 21% 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 | ₹2.38 Cr | ||||
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| Net Profit (PAT) | -₹4.19 Lakh | ||||
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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 | -0.1% | ||||
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To see the full financial statements and ratios of Shri Laxmi Polycoat Private Limited, buy the company report.
Board of directors of Shri Laxmi Polycoat Private Limited
Shri Laxmi Polycoat has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratik Surender Mittal Also directs: Arc Denim Private Limited, Shree Siddhivinayak Cotfab Private Limited, Shree Narayan Cotfab Private Limited and 5 more | Director | 15 Nov 2012 | 13 Years 11 Months | Current |
| Gunjan Surender Mittal Also directs: Arc Denim Private Limited, Shree Siddhivinayak Cotfab Private Limited, Shree Narayan Cotfab Private Limited and 5 more | Additional Director | 17 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Shri Laxmi Polycoat Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Denim Wear), 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 |
|---|---|---|---|---|---|---|
| Sands Synergy Private Limited | ₹62.96 Cr (FY 2025) | 13.0% | Navi Mumbai, Maharashtra, India | |||
| Kamya Clothing Private Limited | ₹50.21 Cr (FY 2017) | 31.0% | Ahmedabad, Gujarat, India | |||
| Alliance Denim Private Limited | ₹41.87 Cr (FY 2024) | 122.0% | Bavla, Gujarat, India | |||
| Shri Laxmi Polycoat Private Limitedthis company | ₹39.69 Cr (FY 2025) | -₹4.19 Lakh | -0.1% | -67.0% | 1 | Ahmedabad, Gujarat, India |
| Somani Tradelink Private Limited | ₹34.55 Cr (FY 2024) | -7.0% | Kolkata, West Bengal, India | |||
| Somani Creation Private Limited | ₹31.33 Cr (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Manan Apparels Limited | ₹31.11 Cr (FY 2023) | -23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Shri Laxmi Polycoat Private Limited, buy the company report.
Auditor
Shri Laxmi Polycoat Private Limited is audited by C. P. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. P. SHAH & CO. | FY 2023 | 109526W |
Shareholding
The shareholding of Shri Laxmi Polycoat 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Shri Laxmi Polycoat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2022 | 100641485 | State Bank of India | ₹9.4 Cr | Open | |
| 14 Aug 2020 | 100368040 | Others | ₹1.36 Cr | Open | |
| 18 Oct 2019 | 100296405 | Others | ₹2.07 Cr | Open | |
| 18 Oct 2019 | 100296409 | Others | ₹7.5 Cr | Open | |
| 15 Jul 2014 | 10519500 | Canara Bank | ₹23.75 Cr | Satisfied |
To see the full charge records of Shri Laxmi Polycoat Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shri Laxmi Polycoat Private Limited has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹6.49 Cr; the latest was in March 2015.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Funding round | ₹6.49 Cr | Investors: 4 individuals |
| Mar 2013 | Acquisition | ₹50,000 | Buyer: an individual Seller: an individual |
To see the full deal history of Shri Laxmi Polycoat 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
No court or tribunal cases involving Shri Laxmi Polycoat Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Shri Laxmi Polycoat Private Limited was last rated by Care on 12 Jan 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 12 Jan 2026 |
To see the full credit ratings and regulatory alerts of Shri Laxmi Polycoat Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shri Laxmi Polycoat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shri Laxmi Polycoat Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Shri Laxmi Polycoat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCS3231N1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shri Laxmi Polycoat Private Limited, buy the company report.
Recent activity
Shri Laxmi Polycoat Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Gaurav Naresh Mittal ceased to be Director on 17 Jun 2021.
5 earlier events are in the company report.
Frequently asked questions
Shri Laxmi Polycoat is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 November 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC072699.
Shri Laxmi Polycoat has 2 current directors:
- Pratik Surender Mittal - Director
- Gunjan Surender Mittal - Additional Director
The latest financial statements of Shri Laxmi Polycoat 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 Shri Laxmi Polycoat is 24AASCS3231N1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Shri Laxmi Polycoat is U17120GJ2012PTC072699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Laxmi Polycoat was incorporated on 15 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shri Laxmi Polycoat has 3 deals on record (1 funding round, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹6.49 Cr; the latest was in March 2015.
The peers of Shri Laxmi Polycoat by revenue are Sands Synergy Private Limited, Kamya Clothing Private Limited, Alliance Denim Private Limited, Somani Tradelink Private Limited, Somani Creation Private Limited and 1 more, all in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products).
Gaurav Naresh Mittal ceased to be Director on 17 Jun 2021. Gunjan Surender Mittal was appointed as Additional Director on 17 Jun 2021. Nayna Gaurav Mittal ceased to be Director on 08 Dec 2017. Shri Laxmi Polycoat has 6 board changes on record in total.
The registered office of Shri Laxmi Polycoat is at 84 Devraj Industrial Park Piplej Pirana Road, Ahmedabad, Gujarat, India – 382345.
Shri Laxmi Polycoat operates in the manufacturing industry, in the textile and fabric production segment.
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