- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0091426

About Shubhada Polymers Products Private Limited
Data last updated:
Shubhada Polymers Products Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24139MH1994PTC076360. Its GSTIN is 27AADCS9224J1Z2 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Malti Pramod Jhaveri and Devang Pramod Jhaveri.
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 D – 506 MIDC Shirvane Nerul, Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2024, the company reported a revenue of ₹487.29 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹41.13 Cr (net margin 8.4%) and EBITDA of ₹64.29 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 21% over five years.
The company has about 270 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shubhada Polymers. As per MCA filings, the company has open charges of ₹15.91 Cr and satisfied charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2017. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 98 overdue payments to 5 micro and small suppliers.
Shubhada Polymers Products Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0091426). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shubhadapolymers.com.
Company details
Recognitions & Rankings of Shubhada Polymers Products
Contact details
Shubhada Polymers Products Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is shubhadapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 506 MIDC Shirvane Nerul, Navi Mumbai, Maharashtra, India – 400706
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Shubhada Polymers Products 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
Brands
Shubhada Polymers Products operates one associated brand: Shubhada Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of electrical insulating materials and components for switchgear and related industries in India. | shubhadapolymers.com |
Business activity
The main business activity of Shubhada Polymers Products is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Shubhada Polymers Products Private Limited, buy the company report.
Financials of Shubhada Polymers Products Private Limited
FY 2025 filings availableShubhada Polymers Products Private Limited reported revenue of ₹487.29 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 3% growth in the latest year. EBITDA rose 16% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹64.29 Cr | ||||
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| Net Profit (PAT) | ₹41.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of Shubhada Polymers Products Private Limited, buy the company report.
Board of directors of Shubhada Polymers Products Private Limited
Shubhada Polymers Products has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malti Pramod Jhaveri | Director | 02 Feb 1994 | 32 Years 9 Months | Current |
| Devang Pramod Jhaveri | Director | 02 Feb 1994 | 32 Years 9 Months | Current |
| Falguni Devang Jhaveri | Director | 07 Mar 2018 | 8 Years 8 Months | Current |
Auditor
Shubhada Polymers Products Private Limited is audited by P. Jasani & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. Jasani & Associates | FY 2022 | 116628W |
Shareholding
The shareholding of Shubhada Polymers Products Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shubhada Polymers Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2026 | 101226390 | Others | ₹8 Cr | Open | |
| 19 Jul 2025 | 101131214 | Others | ₹7.5 Cr | Open | |
| 30 Sep 2022 | 100620197 | Others | ₹20.51 Lakh | Open | |
| 04 Jun 2021 | 100454109 | Others | ₹20 Lakh | Open | |
| 02 Feb 2001 | 90359628 | Dena Bank | ₹1 Cr | Satisfied |
To see the full charge records of Shubhada Polymers Products Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shubhada Polymers Products Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shubhada Polymers Products Private Limited has 2 court cases on record: 2 filed by Shubhada Polymers Products. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Forefront Realty Pvt Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Union of India and Anr | Disposed |
To see the full case history of Shubhada Polymers Products 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
Shubhada Polymers Products Private Limited was last rated by Acuite on 29 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 29 Jul 2026 |
To see the full credit ratings and regulatory alerts of Shubhada Polymers Products Private Limited, buy the company report.
MSME payment delays
Shubhada Polymers Products Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 98 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dhanashree Engineers | |||
| Silchrome Metal Finishers Private Limited | |||
| Chabria Techvest LLP | |||
| KD Industries | |||
| Omega Rolling Mills Private Limited |
To see the full MSME payment records of Shubhada Polymers Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shubhada Polymers Products Private Limited has a workforce of 270 employees on its EPFO records as of Jul 09, 2024, across 2 active EPFO establishments.
GST
Shubhada Polymers Products has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS9224J1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shubhada Polymers Products Private Limited, buy the company report.
Recent activity
Shubhada Polymers Products Private Limited has 7 board changes on record since 1994: 3 appointments and 4 cessations. The latest: Falguni Devang Jhaveri ceased to be Additional Director on 30 Sep 2018.
4 earlier events are in the company report.
Frequently asked questions
Shubhada Polymers Products is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 February 1994 (32+ years old) and is registered under CIN U24139MH1994PTC076360.
Shubhada Polymers Products has 3 current directors:
- Malti Pramod Jhaveri - Director
- Devang Pramod Jhaveri - Director
- Falguni Devang Jhaveri - Director
The latest financial statements of Shubhada Polymers Products 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 Shubhada Polymers Products is 27AADCS9224J1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shubhada Polymers Products is U24139MH1994PTC076360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shubhada Polymers Products has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Shubhada Polymers Products was incorporated on 02 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Shubhada Polymers Products has 2 deals on record (2 secondary share transfers); the latest was in March 2017.
Falguni Devang Jhaveri ceased to be Additional Director on 30 Sep 2018. Falguni Devang Jhaveri was appointed as Director on 07 Mar 2018. Dixit Bhogilal Jhaveri ceased to be Director on 30 Apr 2016. Shubhada Polymers Products has 7 board changes on record in total.
Yes, Shubhada Polymers Products is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0091426).
Shubhada Polymers Products has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 98 overdue payments to 5 micro and small suppliers. The latest return was filed on 01 Jun 2019.

