
Silvassa Polyplast (India) Private Limited
About Silvassa Polyplast (India) Private Limited
Data last updated:
Silvassa Polyplast (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the plastic and resins segment of the manufacturing sector. It was incorporated on 19 December 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1991PTC064568. Its GSTIN is 27AADCS9305C1ZJ (Maharashtra).
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2.55 Lakh. It was formerly known as Shaman Investment and Finance Private Limited and Ganapathi Polyplast Private Limited. It was led by directors Arun Shriniwas Goel and Kusum Arun Goel.
Its last annual general meeting (AGM) was held on 22 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹10.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.56 Cr (net margin 92.6%) and EBITDA of ₹10.24 Cr (EBITDA margin 99.1%). Revenue has grown at a compounded annual rate (CAGR) of 95% over three years and 66% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Name history
Silvassa Polyplast (India) has undergone 2 name changes throughout its history. The company was previously known as Shaman Investment And Finance Private Limited, and Ganapathi Polyplast Private Limited. The current legal name is Silvassa Polyplast (India) Private Limited.
| Company Name | Status |
|---|---|
| Silvassa Polyplast (India) Private Limited | Current |
| Shaman Investment And Finance Private Limited | Previous |
| Ganapathi Polyplast Private Limited | Previous |
CIN history
Silvassa Polyplast (India) has one previous CIN (Corporate Identification Number): U67120MH1991PTC064568. The current CIN is U25209MH1991PTC064568, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209MH1991PTC064568 | Current |
| U67120MH1991PTC064568 | Previous |
Contact details
Silvassa Polyplast (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Silvassa Polyplast (India) 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
Financials of Silvassa Polyplast (India) Private Limited
FY 2020 filings availableSilvassa Polyplast (India) Private Limited reported revenue of ₹10.33 Cr (up 412% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 412% growth in the latest year. EBITDA rose 409% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.56 Cr | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.1% | ||||
| Net Profit Margin | 92.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Silvassa Polyplast (India) Private Limited, buy the company report.
Board of directors of Silvassa Polyplast (India) Private Limited
Silvassa Polyplast (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Shriniwas Goel Also directs: Resin Agency LLP, Elixrr Industries Private Limited | Director | 20 Jan 1992 | 34 Years 9 Months | As last reported |
| Kusum Arun Goel Also directs: Elixrr Industries Private Limited | Director | 20 Jan 1992 | 34 Years 9 Months | As last reported |
Peer comparison
Silvassa Polyplast (India) Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satyen Polymers Private Limited | ₹10.62 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Formulated Polymers Private Limited | ₹10.5 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Croda Pigments Private Limited | ₹10.47 Cr (FY 2025) | 80.0% | New Delhi, Delhi, India | |||
| Champak Plastics Private Limited | ₹10.36 Cr (FY 2023) | 45.0% | Mumbai 400 086.F.18. 1.04.02, Maharashtra, India | |||
| Jain Intercontinental Private Limited | ₹10.34 Cr (FY 2022) | Shahibaug, Gujarat, India | ||||
| Silvassa Polyplast (India) Private Limitedthis company | ₹10.33 Cr (FY 2020) | ₹9.56 Cr | 92.6% | 412.0% | Mumbai, Maharashtra, India | |
| Soma Poly Puf Metal Private Limited | ₹10.33 Cr (FY 2025) | 5.0% | Denkanikotta, Tamil Nadu, India | |||
| 7Spectrum Polymers India Private Limited | ₹10.25 Cr (FY 2025) | 77.0% | Delhi, India | |||
| Precious Poly Private Limited | ₹10.23 Cr (FY 2024) | 55.0% | Hosur, Tamil Nadu, India | |||
| Jaldhara Agro Plast Private Limited | ₹10.2 Cr (FY 2025) | 70.0% | North Solapur, Maharashtra, India | |||
| Calco Poly Compounds Private Limited | ₹10.18 Cr (FY 2025) | -7.0% | Delhi, India |
To see the full peer comparison of Silvassa Polyplast (India) Private Limited, buy the company report.
Auditor
Silvassa Polyplast (India) Private Limited is audited by JAYANTILAL THAKKAR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANTILAL THAKKAR & CO | FY 2019 | 104133W |
Shareholding
The shareholding of Silvassa Polyplast (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Silvassa Polyplast (India) Private Limited, buy the company report.
Legal cases
Silvassa Polyplast (India) Private Limited has 1 court case on record: 1 filed by Silvassa Polyplast (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Silvassa Polyplast (India) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Silvassa Polyplast (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silvassa Polyplast (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS9305C1ZJ | Maharashtra | Active | 02 Sep 2017 |
To see the full GST registrations and return filing status of Silvassa Polyplast (India) Private Limited, buy the company report.
Recent activity
Silvassa Polyplast (India) Private Limited has 2 board changes on record since 1992: 2 appointments. The latest: Arun Shriniwas Goel was appointed as Director on 20 Jan 1992.
Frequently asked questions
Silvassa Polyplast (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Silvassa Polyplast (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in plastic and resins, within the manufacturing industry. It was incorporated on 19 December 1991 and is registered under CIN U25209MH1991PTC064568. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Silvassa Polyplast (India) was incorporated on 19 December 1991. It is registered with the Registrar of Companies, Mumbai.
Silvassa Polyplast (India) had 2 directors:
- Arun Shriniwas Goel - Director
- Kusum Arun Goel - Director
The CIN (Corporate Identification Number) of Silvassa Polyplast (India) is U25209MH1991PTC064568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Silvassa Polyplast (India) is at 25 Maker Chambers III Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Silvassa Polyplast (India) on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 22 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Silvassa Polyplast (India) is 27AADCS9305C1ZJ, registered in Maharashtra.
Silvassa Polyplast (India) operated in the manufacturing industry, in the plastic and resins segment.
The peers of Silvassa Polyplast (India) by revenue are Satyen Polymers Private Limited, Formulated Polymers Private Limited, Croda Pigments Private Limited, Champak Plastics Private Limited, Jain Intercontinental Private Limited and 5 more, all in the Manufacturing industry (Plastics and Resins).
Silvassa Polyplast (India) has 1 court case on record: 1 filed by the company.

