Spads Polyplast Products Private Limited
About Spads Polyplast Products Private Limited
Data last updated:
Spads Polyplast Products Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 27 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25209TG2008PTC058372. Its GSTIN is 37AAOCS4755M1ZI (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.74 Cr. It was formerly known as Shri Venkat Polyfibres Private Limited. It is led by directors including Jain Kumar Kushal (Managing Director) and Shradha Jain.
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 10 – 03 – 316/2 Crystal Towrds Sd Eye Hospital Road Masab Tank Hyderabad, Telangana, India – 500028.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.07 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹28.12 Lakh (net margin 0.3%) and EBITDA of ₹3.89 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹12.48 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Spads Polyplast Products has undergone 2 name changes throughout its history. The company was previously known as Spads Polyplast Products Private Limited, and Shri Venkat Polyfibres Private Limited. The current legal name is Spads Polyplast Products Private Limited.
| Company Name | Status |
|---|---|
| Spads Polyplast Products Private Limited | Current |
| Shri Venkat Polyfibres Private Limited | Previous |
CIN history
Spads Polyplast Products has one previous CIN (Corporate Identification Number): U25209AP2008PTC058372. The current CIN is U25209TG2008PTC058372, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209TG2008PTC058372 | Current |
| U25209AP2008PTC058372 | Previous |
Contact details
Spads Polyplast Products Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10 – 03 – 316/2 Crystal Towrds Sd Eye Hospital Road Masab Tank Hyderabad, Telangana, India – 500028
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Spads Polyplast Products 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 Spads Polyplast Products 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 Spads Polyplast Products Private Limited, buy the company report.
Financials of Spads Polyplast Products Private Limited
FY 2025 filings availableSpads Polyplast Products Private Limited reported revenue of ₹82.07 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 3% 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 | ₹3.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.12 Lakh | ||||
| Balance Sheet | |||||
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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 | 4.7% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Spads Polyplast Products Private Limited, buy the company report.
Board of directors of Spads Polyplast Products Private Limited
Spads Polyplast Products has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shradha Jain Also directs: KCJ Properties Private Limited, Betterhomes Buildcon Private Limited, LBT & SJ Securities Private Limited and 2 more | Director | 12 Oct 2016 | 10 Years 0 Months | Current |
| Jain Kumar Kushal Also directs: Kushal Plasto Private Limited, Shradha Plasto Private Limited | Managing Director | 25 Aug 2012 | 14 Years 2 Months | Current |
| Shaila Jain Also directs: KCJ Properties Private Limited, Betterhomes Buildcon Private Limited, LBT & SJ Securities Private Limited and 1 more | Additional Director | 01 Dec 2018 | 7 Years 11 Months | Current |
Auditor
Spads Polyplast Products Private Limited is audited by Ramkishore Jhawar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramkishore Jhawar & Associates | FY 2023 | 003016S |
Shareholding
The shareholding of Spads Polyplast Products 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spads Polyplast Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2020 | 100382858 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 22 May 2018 | 100183736 | Others | ₹98.23 Lakh | Satisfied | |
| 12 Jan 2017 | 100074498 | Others | ₹11.5 Cr | Satisfied |
To see the full charge records of Spads Polyplast Products Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Spads Polyplast Products Private Limited has 6 court cases on record: 6 filed by Spads Polyplast Products. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Amravati | Insolvency matter | Filed by the company against Andhra Cements Limited | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh and 2 others | Pending |
| High Court | Writ petition | Filed by the company against The State of Andhra Pradesh and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh and 3 others | Disposed |
To see the full case history of Spads Polyplast Products 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
Spads Polyplast Products Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 120 overdue payments to 30 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 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Avi Additives Private Limited | |||
| an individual supplier | |||
| Sky Color Tech Industries | |||
| Sri Vasavi Pigments Private Limited | |||
| Gabbar Engineering Co |
To see the full MSME payment records of Spads Polyplast Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Spads Polyplast Products has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAOCS4755M1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spads Polyplast Products Private Limited, buy the company report.
Recent activity
Spads Polyplast Products Private Limited has 30 board changes on record since 2008: 16 appointments and 14 cessations. The latest: Shaila Jain was appointed as Additional Director on 01 Dec 2018.
28 earlier events are in the company report.
Frequently asked questions
Spads Polyplast Products is an active private limited company based in Hyderabad, Telangana, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 27 March 2008 (18+ years old) and is registered under CIN U25209TG2008PTC058372.
Spads Polyplast Products has 3 current directors:
- Jain Kumar Kushal - Managing Director
- Shradha Jain - Director
- Shaila Jain - Additional Director
The latest financial statements of Spads Polyplast Products 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 Spads Polyplast Products is 37AAOCS4755M1ZI, registered in Andhra Pradesh. 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 Spads Polyplast Products is U25209TG2008PTC058372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spads Polyplast Products has 6 court cases on record: 6 filed by the company. 2 are pending. Most are in the high courts.
Spads Polyplast Products was incorporated on 27 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Shaila Jain was appointed as Additional Director on 01 Dec 2018. Anil Kumar Jain ceased to be Additional Director on 12 Oct 2016. Bharati Jain ceased to be Additional Director on 12 Oct 2016. Spads Polyplast Products has 30 board changes on record in total.
Spads Polyplast Products has 5 MSME Form 1 returns on record between 2019 and 2022, listing 120 overdue payments to 30 micro and small suppliers. The latest return was filed on 30 Apr 2022.
The registered office of Spads Polyplast Products is at 10 – 03 – 3162 Crystal Towrds Sd Eye Hospital Road Masab Tank Hyderabad, Telangana, India – 500028.
Spads Polyplast Products operates in the packaging industry, in the woven packaging products segment.
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