About Shubh Polyfab Private Limited
Data last updated:
Shubh Polyfab Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 08 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC070652. Its GSTIN is 24AARCS6091D1Z4 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors including Dalpatraj Ugamraj Bhanshali and Sandeep Dalpatraj Bhansali.
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 192 Soham Integrated Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.78 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹99.19 Lakh (net margin -1.4%) and EBITDA of ₹1.9 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 28% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shubh Polyfab. As per MCA filings, the company has open charges of ₹22.05 Cr and satisfied charges of ₹10 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is 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 shubhpolyfab.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 33/B Block No. 192 Soham Integrated Park Village:Mahijada T, Al:Dascroi, Ahmedabad, Gujarat, India – 382425
- IndustryPackaging, Woven Packaging 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
Financials of Shubh Polyfab Private Limited FY 2025 filings available
Shubh Polyfab Private Limited reported revenue of ₹68.78 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shubh Polyfab Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 15% growth in the latest year. EBITDA rose 26% 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 Shubh Polyfab 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 | ₹68.78 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.9 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹99.19 Lakh | •••• | •••• | •••• | •••• |
| 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 of Shubh Polyfab Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Shubh Polyfab 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.
Auditor Details of Shubh Polyfab Private Limited
Shubh Polyfab Private Limited is audited by Pankaj R. Shah & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Pankaj R. Shah & 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 Shubh Polyfab Private Limited
Shubh Polyfab has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dalpatraj Ugamraj Bhanshali | Director | 17 Mar 2015 | 11 Years 6 Months | Current |
| Sandeep Dalpatraj Bhansali | Director | 08 Jun 2012 | 14 Years 4 Months | Current |
| Sanjay Dalpatraj Bhansali Also directs: Shree Kushal Polyfab LLP | Director | 25 Mar 2014 | 12 Years 6 Months | Current |
| Priyanka Sanjay Bhansali | Director | 17 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Shubh Polyfab 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 Shubh Polyfab Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2024 | Sidbi | ₹1.26 Cr | Open |
| 03 Jul 2020 | Others | ₹1.69 Cr | Open |
| 10 May 2019 | Others | ₹50 Lakh | Open |
| 19 Oct 2013 | Others | ₹18.6 Cr | Open |
| 22 Oct 2012 | Oriental Bank of Commerce | ₹5 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Shubh Polyfab Private Limited
Shubh Polyfab Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by State of Gujarat | Disposed |
Full case history
All 2 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.
Associated Brands with Shubh Polyfab Private Limited
Shubh Polyfab operates one associated brand: Shubh Polyfab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of FIBC bags and related packaging products in India. | shubhpolyfab.com |
Employees and EPFO Compliance at Shubh Polyfab Private Limited
Shubh Polyfab Private Limited has a workforce of 32 employees as of Jan 21, 2026.
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.
Recent Activity on Shubh Polyfab Private Limited
Shubh Polyfab Private Limited has 7 board changes on record since 2012: 4 appointments and 3 cessations. The latest: Dalpatraj Ugamraj Bhanshali ceased to be Additional Director on 29 Sep 2015.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Shubh Polyfab 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 Shubh Polyfab 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 Shubh Polyfab 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 Shubh Polyfab Private Limited
Shubh Polyfab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS6091D1Z4 | Gujarat | 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 Shubh Polyfab 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 Shubh Polyfab Private Limited
Shubh Polyfab is an active private limited company based in Ahmedabad, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 08 June 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC070652.
Shubh Polyfab reported revenue of ₹68.78 Cr for FY 2024 (up 15% YoY).
Shubh Polyfab has 4 current directors:
- Dalpatraj Ugamraj Bhanshali - Director
- Sandeep Dalpatraj Bhansali - Director
- Sanjay Dalpatraj Bhansali - Director
- Priyanka Sanjay Bhansali - Director
Shubh Polyfab reported a net loss of ₹99.19 Lakh (net margin -1.4%) and EBITDA of ₹1.9 Cr (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shubh Polyfab is 45% over three years and 28% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shubh Polyfab is 24AARCS6091D1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Shubh Polyfab is U17120GJ2012PTC070652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shubh Polyfab has 2 court cases on record: 2 filed against it. 1 is pending.
Shubh Polyfab was incorporated on 08 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dalpatraj Ugamraj Bhanshali ceased to be Additional Director on 29 Sep 2015. Priyanka Sanjay Bhansali ceased to be Additional Director on 29 Sep 2015. Dalpatraj Ugamraj Bhanshali was appointed as Director on 17 Mar 2015. Shubh Polyfab has 7 board changes on record in total.