MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0085619
Siyaram Polytex Private Limited
Siyaram Polytex Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.57 Cr
▼ 62% YoY
Net profit · FY 2025
₹19.25 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹65.73 Lakh
EBITDA margin 4.2%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹74 Lakh
Issued & subscribed
Open charges
₹9.02 Cr
Satisfied ₹3.3 Cr
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings
About Siyaram Polytex Private Limited
Data last updated:
Siyaram Polytex Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ2002PTC041580. Its GSTIN is 24AAHCS5227M1Z3 (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74 Lakh. It is led by directors including Kirandevi Shivratan Deora and Meenadevi Deora Girishkumar.
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 1017 World Trade Centrering Road, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.57 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹19.25 Lakh (net margin 1.2%) and EBITDA of ₹65.73 Lakh (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹9.02 Cr and satisfied charges of ₹3.3 Cr on record.
Siyaram Polytex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0085619). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ2002PTC041580
Registration Number 041580
Incorporation Date 26 November 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0085619
Key People
Kirandevi Shivratan Deora Director Meenadevi Deora Girishkumar Director Vikash Shivratan Deora Director Recognitions & Rankings of Siyaram Polytex
Contact details
Siyaram Polytex Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1017 World Trade Centrering Road, Surat, Gujarat, India – 395003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Siyaram Polytex Private Limited, buy the company report.
Comprehensive company report
Siyaram Polytex Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Siyaram Polytex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Siyaram Polytex Private Limited, buy the company report.
Financials of Siyaram Polytex Private Limited
FY 2025 filings availableSiyaram Polytex Private Limited reported revenue of ₹15.57 Cr (down 62% YoY) for FY 2025.
Revenue · FY 2025
₹15.57 Cr ▼ 62%
Net profit · FY 2025
₹19.25 Lakh margin 1.2%
EBITDA · FY 2025
₹65.73 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 15%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 11%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 62% fall in the latest year. EBITDA fell 20% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹65.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 4.2% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Siyaram Polytex Private Limited, buy the company report.
Board of directors of Siyaram Polytex Private Limited
Siyaram Polytex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirandevi Shivratan Deora | Director | 01 Aug 2003 | 23 Years 2 Months | Current |
| Meenadevi Deora Girishkumar | Director | 01 Aug 2003 | 23 Years 2 Months | Current |
| Vikash Shivratan Deora | Director | 01 Aug 2003 | 23 Years 2 Months | Current |
Peer comparison
Siyaram Polytex Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahashakti Overseas Private Limited | ₹15.6 Cr (FY 2024) | 56.0% | Delhi, India | |||
| Gayatri Coating Pvt Ltd | ₹15.58 Cr (FY 2025) | -8.0% | Burhanpur, Madhya Pradesh, India | |||
| Sushil Spuntex Private Limited | ₹15.58 Cr (FY 2022) | 7.0% | Delhi, India | |||
| Bogmallo Industries Private Limited | ₹15.58 Cr (FY 2024) | -29.0% | Mumbai, Maharashtra, India | |||
| Siyaram Polytex Private Limitedthis company | ₹15.57 Cr (FY 2025) | ₹19.25 Lakh | 1.2% | -62.0% | Surat, Gujarat, India | |
| Kanhav Creation Private Limited | ₹15.55 Cr (FY 2025) | -1.0% | Olpad, Gujarat, India |
To see the full peer comparison of Siyaram Polytex Private Limited, buy the company report.
Auditor
Siyaram Polytex Private Limited is audited by M M S AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M S AND ASSOCIATES | FY 2022 | 110250W |
Shareholding
The shareholding of Siyaram Polytex 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 Siyaram Polytex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.02 Cr
Satisfied charges
₹3.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2025 | 101029593 | Others | ₹2.82 Cr | Open | |
| 29 Nov 2021 | 100522837 | Others | ₹44 Lakh | Open | |
| 05 Aug 2006 | 10019823 | Others | ₹5.76 Cr | Open | |
| 09 Jun 2020 | 100342950 | Others | ₹88.65 Lakh | Satisfied | |
| 31 Mar 2004 | 80012861 | Punjab National Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Siyaram Polytex Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Siyaram Polytex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Siyaram Polytex Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 17 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Unicon Fibro Chemicals Pvt Ltd | |||
| an individual supplier | |||
| Darshil Enterprise |
To see the full MSME payment records of Siyaram Polytex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Siyaram Polytex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS5227M1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Siyaram Polytex Private Limited, buy the company report.
Recent activity
Siyaram Polytex Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Amitkumar Mathurdas Kaneria ceased to be Additional Director on 26 Sep 2008.
AGM
Siyaram Polytex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Siyaram Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 282.00 Lakh with Charge ID 101029593 was registered on 15 Jan 2025.
Charges
A charge registered on 09 Jun 2020 via Charge ID 100342950 with Others was fully satisfied on 31 May 2024.
Charges
A charge with Others of Rs. 575.50 Lakh registered on 05 Aug 2006 with Charge ID 10019823 was modified on 31 May 2024.
Charges
A charge with Others amounted to Rs. 44.00 Lakh with Charge ID 100522837 was registered on 29 Nov 2021.
Charges
A charge with Others amounted to Rs. 88.65 Lakh with Charge ID 100342950 was registered on 09 Jun 2020.
Charges
A charge registered on 01 Mar 2004 via Charge ID 80011737 with Small Industries Development Bank Of India was fully satisfied on 16 Dec 2013.
Charges
A charge registered on 01 Mar 2004 via Charge ID 80011762 with Sidbi was fully satisfied on 17 Jan 2012.
Charges
A charge registered on 01 Mar 2004 via Charge ID 80011816 with Sidbi was fully satisfied on 17 Jan 2012.
Charges
A charge with Small Industries Development Bank Of India of Rs. 90.00 Lakh registered on 01 Mar 2004 with Charge ID 80011737 was modified on 17 Jan 2012.
Ceased
Amitkumar Mathurdas Kaneria ceased to be Additional Director.
12 earlier events are in the company report.
Frequently asked questions
Siyaram Polytex is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 November 2002 (24+ years old) and is registered under CIN U17119GJ2002PTC041580.
Siyaram Polytex has 3 current directors:
- Kirandevi Shivratan Deora - Director
- Meenadevi Deora Girishkumar - Director
- Vikash Shivratan Deora - Director
The latest financial statements of Siyaram Polytex 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 Siyaram Polytex is 24AAHCS5227M1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Siyaram Polytex is U17119GJ2002PTC041580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Siyaram Polytex was incorporated on 26 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Siyaram Polytex by revenue are Mahashakti Overseas Private Limited, Gayatri Coating Pvt Ltd, Sushil Spuntex Private Limited, Bogmallo Industries Private Limited, Kanhav Creation Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Amitkumar Mathurdas Kaneria ceased to be Additional Director on 26 Sep 2008. Kirandevi Shivratan Deora was appointed as Director on 01 Aug 2003. Meenadevi Deora Girishkumar was appointed as Director on 01 Aug 2003. Siyaram Polytex has 4 board changes on record in total.
Yes, Siyaram Polytex is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0085619).
Siyaram Polytex has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 17 overdue payments to 4 micro and small suppliers. The latest return was filed on 21 Oct 2019.
The registered office of Siyaram Polytex is at 1017 World Trade Centrering Road, Surat, Gujarat, India – 395003.
Siyaram Polytex operates in the manufacturing industry, in the textile and fabric production segment.