- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0109874

Sowbhagya Polymers Limited
About Sowbhagya Polymers Limited
Data last updated:
Sowbhagya Polymers Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 04 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PLC018919. Its GSTIN is 29AAECS5332E1ZF (Karnataka).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹58.45 Lakh. It was formerly known as Daga Shelters Limited. It is led by directors including Samata Dhirajkumar Daga and Pushpa Daga Devi.
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 Daga Icon C – 2 2nd Floor Kudremukh Colony Sarjapur Road 2nd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.32 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 36%) and EBITDA of ₹3.43 Cr (EBITDA margin 54.2%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹12.1 Cr and satisfied charges of ₹16.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Sowbhagya Polymers Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0109874). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sowbhagya Polymers has one previous CIN (Corporate Identification Number): U45201KA1995PLC018919. The current CIN is U85110KA1995PLC018919, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PLC018919 | Current |
| U45201KA1995PLC018919 | Previous |
Recognitions & Rankings of Sowbhagya Polymers
Contact details
Sowbhagya Polymers Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDaga Icon C – 2 2nd Floor Kudremukh Colony Sarjapur Road 2nd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Sowbhagya Polymers 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 Sowbhagya Polymers is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sowbhagya Polymers Limited, buy the company report.
Financials of Sowbhagya Polymers Limited
FY 2024 filings availableSowbhagya Polymers Limited reported revenue of ₹6.32 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 1% fall in the latest year. EBITDA fell 8% 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 | ₹3.43 Cr | ||||
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| Net Profit (PAT) | ₹2.28 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 | 54.2% | ||||
| Net Profit Margin | 36% | ||||
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To see the full financial statements and ratios of Sowbhagya Polymers Limited, buy the company report.
Board of directors of Sowbhagya Polymers Limited
Sowbhagya Polymers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samata Dhirajkumar Daga | Director | 25 Feb 2016 | 10 Years 7 Months | Current |
| Pushpa Daga Devi Also directs: Wilson Plastics Private Limited | Director | 22 Apr 1999 | 27 Years 6 Months | Current |
| Dhiraj Kumar Daga | Director | 17 Jul 1999 | 27 Years 3 Months | Current |
Auditor
Sowbhagya Polymers Limited is audited by H.M. GIRIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.M. GIRIYA & CO | FY 2023 | 000935S |
Shareholding
The shareholding of Sowbhagya Polymers 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 Sowbhagya Polymers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2017 | 100129242 | Hdfc Bank Limited | ₹12.1 Cr | Open | |
| 31 Dec 2002 | 80003019 | State Bank of Mysore | ₹16.5 Cr | Satisfied |
To see the full charge records of Sowbhagya Polymers Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sowbhagya Polymers Limited has 2 court cases on record: 2 filed by Sowbhagya Polymers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Sowbhagya Polymers 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.
Credit ratings & regulatory alerts
Sowbhagya Polymers Limited was last rated by Icra on 28 Sep 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Sep 2018 |
To see the full credit ratings and regulatory alerts of Sowbhagya Polymers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sowbhagya Polymers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sowbhagya Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECS5332E1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sowbhagya Polymers Limited, buy the company report.
Recent activity
Sowbhagya Polymers Limited has 6 board changes on record since 1999: 3 appointments and 3 cessations. The latest: Samata Dhirajkumar Daga ceased to be Additional Director on 27 Sep 2016.
2 earlier events are in the company report.
Frequently asked questions
Sowbhagya Polymers is an active public limited company based in Bangalore, Karnataka, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 04 October 1995 (31+ years old) and is registered under CIN U85110KA1995PLC018919.
Sowbhagya Polymers has 3 current directors:
- Samata Dhirajkumar Daga - Director
- Pushpa Daga Devi - Director
- Dhiraj Kumar Daga - Director
The latest financial statements of Sowbhagya Polymers 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 Sowbhagya Polymers is 29AAECS5332E1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Sowbhagya Polymers is U85110KA1995PLC018919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sowbhagya Polymers has 2 court cases on record: 2 filed by the company.
Sowbhagya Polymers was incorporated on 04 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Samata Dhirajkumar Daga ceased to be Additional Director on 27 Sep 2016. Mukesh Kumar Daga ceased to be Additional Director on 25 Feb 2016. Samata Dhirajkumar Daga was appointed as Director on 25 Feb 2016. Sowbhagya Polymers has 6 board changes on record in total.
Yes, Sowbhagya Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0109874).
The registered office of Sowbhagya Polymers is at Daga Icon C – 2 2nd Floor Kudremukh Colony Sarjapur Road 2nd Block Koramangala, Bangalore, Karnataka, India – 560034.