- Category
- Small (2023-24)
- Udyam number
- UDYAM-JH-08-0000540

About Sitaram Polyplast Private Limited
Data last updated:
Sitaram Polyplast Private Limited is a private limited company based in Giridih, Jharkhand, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 05 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U27106JH2004PTC010574. Its GSTIN is 20AAICS0028D1Z4 (Jharkhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.35 Lakh. It was formerly known as Sitaram Steel Private Limited. It is led by directors Arvind Rajgarhia and Mayank Rajgarhia.
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 Sirsia Giridih, Jharkhand, India – 815301.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.49 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹22.52 Lakh (net margin 1.1%) and EBITDA of ₹1.01 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.66 Cr and satisfied charges of ₹2.25 Cr on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 9 cases are pending.
Sitaram Polyplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-08-0000540). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sitaramgroup.co.in.
Company details
CIN history
Sitaram Polyplast has one previous CIN (Corporate Identification Number): U00330BR2004PTC010574. The current CIN is U27106JH2004PTC010574, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27106JH2004PTC010574 | Current |
| U00330BR2004PTC010574 | Previous |
Recognitions & Rankings of Sitaram Polyplast
Contact details
Sitaram Polyplast Private Limited's registered office is in Giridih, Jharkhand. Its website is sitaramgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSirsia Giridih, Jharkhand, India – 815301
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Sitaram Polyplast 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 Sitaram Polyplast 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 Sitaram Polyplast Private Limited, buy the company report.
Financials of Sitaram Polyplast Private Limited
FY 2025 filings availableSitaram Polyplast Private Limited reported revenue of ₹20.49 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 23% growth in the latest year. EBITDA rose 37% 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 | ₹1.01 Cr | ||||
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| Net Profit (PAT) | ₹22.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Sitaram Polyplast Private Limited, buy the company report.
Board of directors of Sitaram Polyplast Private Limited
Sitaram Polyplast 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 |
|---|---|---|---|---|
| Arvind Rajgarhia Also directs: Uphar Agencies Private Limited | Director | 05 Feb 2004 | 22 Years 8 Months | Current |
| Mayank Rajgarhia Also directs: Uphar Agencies Private Limited | Director | 03 Oct 2012 | 14 Years 0 Months | Current |
Peer comparison
Sitaram Polyplast Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shivam Polytubes Private Limited | ₹20.77 Cr (FY 2025) | -5.0% | Patna, Bihar, India | |||
| Aquacon Resourcing Private Limited | ₹20.66 Cr (FY 2025) | -53.0% | Panchkula, Haryana, India | |||
| Sitaram Polyplast Private Limitedthis company | ₹20.49 Cr (FY 2025) | ₹22.52 Lakh | 1.1% | 23.0% | 20 | Giridih, Jharkhand, India |
| Dewa Polymers Private Limited | ₹20.41 Cr (FY 2025) | -67.0% | Guwahati, Assam, India | |||
| Aquachem Industries Private Limited | ₹19.62 Cr (FY 2024) | -21.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Sitaram Polyplast Private Limited, buy the company report.
Auditor
Sitaram Polyplast Private Limited is audited by KEDIA AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEDIA AGARWAL & ASSOCIATES | FY 2023 | 316089E |
Shareholding
The shareholding of Sitaram Polyplast 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sitaram Polyplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2025 | 101064420 | Axis Bank Limited | ₹15.93 Lakh | Open | |
| 13 Aug 2020 | 100358098 | Axis Bank Limited | ₹2.5 Cr | Open | |
| 14 Dec 2010 | 10263787 | Indian Overseas Bank | ₹2.25 Cr | Satisfied |
To see the full charge records of Sitaram Polyplast Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sitaram Polyplast Private Limited has 10 court cases on record: 9 filed by Sitaram Polyplast, 1 filed against it. 9 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 8 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JHARKHAND | Writ petition | Filed by the company against Shree Shobhanand Industries Pvt Ltd, Through Its Director and 9 others | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by The Supreme Industries Limited | Disposed |
| District court, Giridih, Jharkhand | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Giridih, Jharkhand | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Giridih, Jharkhand | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Sitaram Polyplast 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 Sitaram Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sitaram Polyplast Private Limited has a workforce of 20 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Sitaram Polyplast has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAICS0028D1Z4 | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sitaram Polyplast Private Limited, buy the company report.
Recent activity
Sitaram Polyplast Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Laxmikant Rajgarhia ceased to be Director on 16 Sep 2015.
1 earlier event is in the company report.
Frequently asked questions
Sitaram Polyplast is an active private limited company based in Giridih, Jharkhand, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 05 February 2004 (22+ years old) and is registered under CIN U27106JH2004PTC010574.
Sitaram Polyplast has 2 current directors:
- Arvind Rajgarhia - Director
- Mayank Rajgarhia - Director
The latest financial statements of Sitaram Polyplast 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 Sitaram Polyplast is 20AAICS0028D1Z4, registered in Jharkhand. 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 Sitaram Polyplast is U27106JH2004PTC010574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sitaram Polyplast has 10 court cases on record: 9 filed by the company and 1 filed against it. 9 are pending. Most are in the district courts.
Sitaram Polyplast was incorporated on 05 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Sitaram Polyplast by revenue are Shivam Polytubes Private Limited, Aquacon Resourcing Private Limited, Dewa Polymers Private Limited, Aquachem Industries Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Laxmikant Rajgarhia ceased to be Director on 16 Sep 2015. Rajiv Rajgarhia ceased to be Director on 30 Dec 2013. Mayank Rajgarhia was appointed as Director on 03 Oct 2012. Sitaram Polyplast has 4 board changes on record in total.
Yes, Sitaram Polyplast is registered as a small enterprise under Udyam registration (number: UDYAM-JH-08-0000540).
Sitaram Polyplast can be reached through the website sitaramgroup.co.in. Its registered office is in Giridih, Jharkhand, India.