- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0031888

About Shyam Polyspin Pvt Ltd
Data last updated:
Shyam Polyspin Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 27 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1990PTC014445. Its GSTIN is 24AABCS5652A1ZT (Gujarat). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹55.47 Lakh. It is led by directors Pramod Hanumanprasad Gupta and Hanumanprasad Lalchand Gupta.
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 904 – A Ninth Floor Sakar IX Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹193.2 Cr. For the same year it recorded a net profit of ₹1.25 Cr (net margin 0.6%) and EBITDA of ₹3.24 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹26.03 Cr and satisfied charges of ₹16.3 Cr on record. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹36.6 Lakh; the latest was in March 2019. Its 6 peer companies in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 4 smaller; the largest is Goflex Limited with revenue of ₹198.05 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 144 overdue payments to 46 micro and small suppliers.
Shyam Polyspin Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0031888). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shyamgroup.net.
Company details
Recognitions & Rankings of Shyam Polyspin
Contact details
Shyam Polyspin Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is shyamgroup.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address904 – A Ninth Floor Sakar IX Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Shyam Polyspin Pvt Ltd, 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 Shyam Polyspin is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Shyam Polyspin Pvt Ltd, buy the company report.
Financials of Shyam Polyspin Pvt Ltd
FY 2025 filings availableShyam Polyspin Pvt Ltd reported revenue of ₹193.2 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years. EBITDA rose 3% 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 | ₹3.24 Cr | ||||
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| Net Profit (PAT) | ₹1.25 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 | 1.7% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Shyam Polyspin Pvt Ltd, buy the company report.
Board of directors of Shyam Polyspin Pvt Ltd
Shyam Polyspin has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Hanumanprasad Gupta Also directs: Gujcot Trade Association | Director | 08 Dec 1994 | 31 Years 10 Months | Current |
| Hanumanprasad Lalchand Gupta Also directs: Shyam Polytex Pvt Ltd | Director | 27 Sep 1990 | 36 Years 1 Months | Current |
Peer comparison
Shyam Polyspin Pvt Ltd is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goflex Limited | ₹198.05 Cr (FY 2025) | -27.0% | Ludhiana, Punjab, India | |||
| PRTL Enterprises Limited | ₹195.35 Cr (FY 2017) | 167.0% | Mumbai, Maharashtra, India | |||
| Shyam Polyspin Pvt Ltdthis company | ₹193.2 Cr (FY 2025) | ₹1.25 Cr | 0.6% | Ahmedabad, Gujarat, India | ||
| Alpine Expo Tex Private Limited | ₹192.84 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Bang Overseas Limited | ₹191 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India | |||
| Ganga Knit Private Limited | ₹190.25 Cr (FY 2018) | 0.0% | Delhi, India | |||
| Tertiary Trading Private Limited | ₹189.35 Cr (FY 2019) | -41.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Shyam Polyspin Pvt Ltd, buy the company report.
Auditor
Shyam Polyspin Pvt Ltd is audited by M P SUTARIA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M P SUTARIA & CO | FY 2023 | 110730W |
Shareholding
The shareholding of Shyam Polyspin Pvt Ltd 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 Shyam Polyspin Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2024 | 100960418 | Others | ₹3 Cr | Open | |
| 14 Nov 2018 | 100224080 | Hdfc Bank Limited | ₹14.5 Cr | Open | |
| 01 Nov 2018 | 100220954 | Hdfc Bank Limited | ₹8.53 Cr | Open | |
| 18 Oct 2007 | 10084400 | Punjab National Bank | ₹16 Cr | Satisfied | |
| 07 May 2005 | 90111845 | State Bank of Mysore | ₹30 Lakh | Satisfied |
To see the full charge records of Shyam Polyspin Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shyam Polyspin Pvt Ltd has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹36.6 Lakh; the latest was in March 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: Vinay Corporation Seller: Shyam Polytex Pvt Ltd |
To see the full deal history of Shyam Polyspin Pvt Ltd, 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 Shyam Polyspin Pvt Ltd 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
Shyam Polyspin Pvt Ltd was last rated by Care on 02 Apr 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Apr 2018 |
To see the full credit ratings and regulatory alerts of Shyam Polyspin Pvt Ltd, buy the company report.
MSME payment delays
Shyam Polyspin Pvt Ltd has 6 MSME Form 1 returns on record between 2019 and 2022, listing 144 overdue payments to 46 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 46)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shree Uma Ginning Pressing Private Limited | |||
| Shree Harikrushna Cotton Industries | |||
| Dhanushri Cottex Private Limited | |||
| Dev Cotton & Oil Industries |
To see the full MSME payment records of Shyam Polyspin Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shyam Polyspin has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCS5652A1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shyam Polyspin Pvt Ltd, buy the company report.
Recent activity
Shyam Polyspin Pvt Ltd has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Navin Hanumanprasad Gupta ceased to be Director on 21 May 2018.
5 earlier events are in the company report.
Frequently asked questions
Shyam Polyspin is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 27 September 1990 (36+ years old) and is registered under CIN U17119GJ1990PTC014445.
Shyam Polyspin has 2 current directors:
- Pramod Hanumanprasad Gupta - Director
- Hanumanprasad Lalchand Gupta - Director
The latest financial statements of Shyam Polyspin 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 Shyam Polyspin is 24AABCS5652A1ZT, 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 Shyam Polyspin is U17119GJ1990PTC014445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shyam Polyspin was incorporated on 27 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Shyam Polyspin has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹36.6 Lakh; the latest was in March 2019.
The peers of Shyam Polyspin by revenue are Goflex Limited, PRTL Enterprises Limited, Alpine Expo Tex Private Limited, Bang Overseas Limited, Ganga Knit Private Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Navin Hanumanprasad Gupta ceased to be Director on 21 May 2018. Vinod Hanumanprasad Gupta ceased to be Director on 21 May 2018. Pramod Hanumanprasad Gupta was appointed as Director on 08 Dec 1994. Shyam Polyspin has 4 board changes on record in total.
Yes, Shyam Polyspin is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0031888).
Shyam Polyspin has 6 MSME Form 1 returns on record between 2019 and 2022, listing 144 overdue payments to 46 micro and small suppliers. The latest return was filed on 23 Apr 2022.
Shyam Polyspin can be reached through the website shyamgroup.net. Its registered office is in Ahmedabad, Gujarat, India.

