- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0200786

About Skyi Composites Private Limited
Data last updated:
Skyi Composites Private Limited is a private limited company based in Khed, Maharashtra, India, a subsidiary of Enerrgia Infrastructure Private Limited. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 13 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27310PN2010PTC157404. Its GSTIN is 27AAGCM8842B1ZG (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8.27 Cr and a paid-up capital of ₹7.57 Cr. It was formerly known as Mans Composites Private Limited. It is led by directors including Sachin Hukamichand Jain and Amit Anil Jagtap.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No Pap S 60 63 64 MIDC Chakan Industrial Area Phase II, Taluka Khed District Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.97 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹63.53 Lakh (net margin 3.3%) and EBITDA of ₹1.5 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 32% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SKYi. As per MCA filings, the company has open charges of ₹9.05 Cr and satisfied charges of ₹9.87 Cr on record. The company has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹7.56 Cr; the latest was in February 2020. Its 4 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Kunjan Plastics Industries Private Limited with revenue of ₹19.08 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 micro and small suppliers.
Skyi Composites Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0200786). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skyi.in.
Company details
CIN history
Skyi Composites has one previous CIN (Corporate Identification Number): U27310MH2010PTC208958. The current CIN is U27310PN2010PTC157404, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310PN2010PTC157404 | Current |
| U27310MH2010PTC208958 | Previous |
Recognitions & Rankings of Skyi Composites
Contact details
Skyi Composites Private Limited's registered office is in Khed, Maharashtra. Its website is skyi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No Pap S 60 63 64 MIDC Chakan Industrial Area Phase II, Taluka Khed District Pune, Maharashtra, India – 410501
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Skyi Composites 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 Skyi Composites 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 Skyi Composites Private Limited, buy the company report.
Financials of Skyi Composites Private Limited
FY 2024 filings availableSkyi Composites Private Limited reported revenue of ₹18.97 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 5% growth in the latest year. EBITDA rose 18% 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 | ₹1.5 Cr | ||||
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| Net Profit (PAT) | ₹63.53 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Skyi Composites Private Limited, buy the company report.
Board of directors of Skyi Composites Private Limited
Skyi Composites has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Anil Jagtap | Additional Director | 04 Apr 2025 | 1 Years 6 Months | Current |
| Sachin Hukamichand Jain Also directs: Skyi Innovations Limited Liability Partnership, Skyi Alternate Homes Private Limited, Skyi Fkur Private Limited and 1 more | Director | 25 Apr 2013 | 13 Years 6 Months | Current |
| Amit Anil Jagtap | Director | 25 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Skyi Composites Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Kunjan Plastics Industries Private Limited | ₹19.08 Cr (FY 2024) | 52.0% | Nagpur, Maharashtra, India | |||
| Aashirwad Poly Pack Private Limited | ₹18.98 Cr (FY 2025) | 34.0% | Kanpur, Uttar Pradesh, India | |||
| Skyi Composites Private Limitedthis company | ₹18.97 Cr (FY 2024) | ₹63.53 Lakh | 3.3% | 5.0% | 21 | Khed, Maharashtra, India |
| Modern Polytainers Private Limited | ₹18.91 Cr (FY 2025) | 19.0% | Meerut, Uttar Pradesh, India | |||
| Varivar Polyfab (India) Private Limited | ₹18.85 Cr (FY 2025) | 6.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Skyi Composites Private Limited, buy the company report.
Auditor
Skyi Composites Private Limited is audited by S D Dale and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D Dale and Co | FY 2023 | 0132027W |
Shareholding
The shareholding of Skyi Composites 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 Skyi Composites Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2024 | 100923028 | Others | ₹2 Cr | Open | |
| 10 Jan 2024 | 100856817 | Others | ₹6 Cr | Open | |
| 10 Jan 2024 | 100856819 | Others | ₹70 Lakh | Open | |
| 23 Feb 2023 | 100702154 | State Bank of India | ₹35 Lakh | Open | |
| 17 Mar 2023 | 100700566 | State Bank of India | ₹4.32 Cr | Satisfied |
To see the full charge records of Skyi Composites Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Skyi Composites Private Limited has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹7.56 Cr; the latest was in February 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Enerrgia Infrastructure Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Enerrgia Infrastructure Private Limited Seller: an individual |
| Mar 2017 | Funding round | ₹80 Lakh | Investors: Enerrgia Infrastructure Private Limited , 2 individuals |
| Mar 2017 | Funding round | ₹1.15 Cr | Investors: Enerrgia Infrastructure Private Limited , 2 individuals |
| Mar 2016 | Funding round | ₹34 Lakh | Investors: Enerrgia Infrastructure Private Limited , 2 individuals |
To see the full deal history of Skyi Composites Private Limited, 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 Skyi Composites 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
Skyi Composites Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Jr Polymers | |||
| Link Composites Private Limited | |||
| Tech Route Enterprise Private Limited |
To see the full MSME payment records of Skyi Composites Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Skyi Composites Private Limited has a workforce of 21 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Skyi Composites has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM8842B1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Skyi Composites Private Limited, buy the company report.
Recent activity
Skyi Composites Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Abhijeet Anil Jagtap was appointed as Additional Director on 04 Apr 2025.
11 earlier events are in the company report.
Frequently asked questions
Skyi Composites is an active private limited company based in Khed, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 13 October 2010 (16+ years old) and is registered under CIN U27310PN2010PTC157404.
Skyi Composites has 3 current directors:
- Abhijeet Anil Jagtap - Additional Director
- Sachin Hukamichand Jain - Director
- Amit Anil Jagtap - Director
The latest financial statements of Skyi Composites on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Skyi Composites is 27AAGCM8842B1ZG, 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 Skyi Composites is U27310PN2010PTC157404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skyi Composites was incorporated on 13 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Skyi Composites has 10 deals on record (5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹7.56 Cr; the latest was in February 2020.
The peers of Skyi Composites by revenue are Kunjan Plastics Industries Private Limited, Aashirwad Poly Pack Private Limited, Modern Polytainers Private Limited, Varivar Polyfab (India) Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Abhijeet Anil Jagtap was appointed as Additional Director on 04 Apr 2025. Vikram Laxmikant Bhanushali ceased to be Director on 19 Mar 2018. Amit Anil Jagtap ceased to be Additional Director on 29 Sep 2016. Skyi Composites has 8 board changes on record in total.
Yes, Skyi Composites is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0200786).
Skyi Composites has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Skyi Composites can be reached through the website skyi.in. Its registered office is in Khed, Maharashtra, India.