MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-16-0003103
Splenzo Polyfab Private Limited - manufacturing in Navsari, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹44.75 Cr
▲ 54% YoY
Net profit · FY 2025
₹16.27 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹1.6 Cr
EBITDA margin 3.6%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹16.06 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
18
Provident fund records
About Splenzo Polyfab Private Limited
Data last updated:
Splenzo Polyfab Private Limited is a private limited company based in Navsari, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 10 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2018PTC104682. Its GSTIN is 24ABACS9749L1ZR (Gujarat).
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors Mansukhlal Dharamshibhai Ghetia and Rasikkumar Tapubhai Dudhagara.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 487 New G.I.D.C, Navsari, Gujarat, India – 396424.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.75 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹16.27 Lakh (net margin 0.4%) and EBITDA of ₹1.6 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 64% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Splenzo. As per MCA filings, the company has open charges of ₹16.06 Cr on record. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹29 Lakh; the latest was in March 2019. Its 10 peer companies in the Manufacturing industry (Plastic Based Products) are compared by revenue, 5 larger and 5 smaller; the largest is Miter & Miter Engineers Private Limited with revenue of ₹45.54 Cr.
Splenzo Polyfab Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-16-0003103). For more details, the company can be reached via its website splenzopolyfab.com.
Company Details of Splenzo Polyfab Private Limited
CIN U29100GJ2018PTC104682
Registration Number 104682
Incorporation Date 10 October 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-16-0003103
Recognitions & Rankings of Splenzo Polyfab
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address487 New G.I.D.C, Navsari, Gujarat, India – 396424
- IndustryManufacturing, Plastic-Based Products
Comprehensive company report
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Associated Brands with Splenzo Polyfab Private Limited
Splenzo Polyfab operates one associated brand: Splenzo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of PP and HDPE packaging bags and boxes. | splenzopolyfab.com |
Business Activity of Splenzo Polyfab Private Limited
The main business activity of Splenzo Polyfab is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Splenzo Polyfab Private Limited FY 2025 filings available
Splenzo Polyfab Private Limited reported revenue of ₹44.75 Cr (up 54% YoY) for FY 2025.
Revenue · FY 2025
₹44.75 Cr ▲ 54%
Net profit · FY 2025
₹16.27 Lakh margin 0.4%
EBITDA · FY 2025
₹1.6 Cr margin 3.6%
Compounded Annual Growth Rate (CAGR) of Splenzo Polyfab Private Limited
Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 15%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 54% growth in the latest year. EBITDA rose 25% 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 of Splenzo Polyfab Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.27 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Splenzo Polyfab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Splenzo Polyfab are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
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Verified entity values are shown only after access is granted.
Board of Directors of Splenzo Polyfab Private Limited
Splenzo Polyfab has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mansukhlal Dharamshibhai Ghetia Also directs: Inara Polyfab Private Limited | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
| Rasikkumar Tapubhai Dudhagara Also directs: Inara Polyfab Private Limited | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
Peer Comparison of Splenzo Polyfab Private Limited
Splenzo Polyfab Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Miter & Miter Engineers Private Limited | ₹45.54 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Punjab, India |
| Kamath Plastics Private Limited | ₹45.11 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Bangalore, Karnataka, India |
| Flexishield Polyplast Private Limited | ₹45.07 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Raipur Kukhat, Uttar Pradesh, India |
| Dhanashree Polymers Private Limited | ₹44.96 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Kineco Train Tech Private Limited | ₹44.87 Cr (FY 2025) | •••• | •••• | •••• | Bardez, Goa, India | |
| Splenzo Polyfab Private Limited this company | ₹44.75 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Navsari, Gujarat, India |
| Bajaj Masterbatches Private Limited | ₹44.72 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| P P Polyplast Private Limited | ₹44.7 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Uttar Pradesh, India |
| Aloke Rub Plast Private Limited | ₹44.66 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Ujjwal Poly Pack (India) Private Limited | ₹44.65 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Uma Plastics Limited | ₹44.58 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Splenzo Polyfab by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Splenzo Polyfab Private Limited
Splenzo Polyfab Private Limited is audited by RAVI SANTOKI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAVI SANTOKI & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Splenzo Polyfab Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Splenzo Polyfab Private Limited
Open charges
₹16.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2019 | Indian Bank | ₹9.99 Cr | Open |
| 16 Apr 2019 | Indian Bank | ₹6.07 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Splenzo Polyfab Private Limited
Splenzo Polyfab Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹29 Lakh; the latest was in March 2019.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹29 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹95 Lakh | Investors: 4 individuals |
| Nov 2018 | Funding round | ₹29 Lakh | Investors: 4 individuals |
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Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
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- Investors, buyers and sellers
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Splenzo Polyfab Private Limited
Splenzo Polyfab Private Limited has a workforce of 18 employees as of Apr 07, 2024.
Employee count
18
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Splenzo Polyfab Private Limited
Splenzo Polyfab Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mansukhlal Dharamshibhai Ghetia was appointed as Director on 10 Oct 2018.
AGM
Splenzo Polyfab Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Splenzo Polyfab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Bank of Rs. 9.99 Cr registered on 18 Apr 2019 with Charge ID 100256560 was modified on 01 Feb 2025.
Charges
A charge with Indian Bank amounted to Rs. 9.99 Cr with Charge ID 100256560 was registered on 18 Apr 2019.
Charges
A charge with Indian Bank amounted to Rs. 6.07 Cr with Charge ID 100256572 was registered on 16 Apr 2019.
Appointed
Mansukhlal Dharamshibhai Ghetia was appointed as Director.
Appointed
Rasikkumar Tapubhai Dudhagara was appointed as Director.
Incorporation
10 Oct 2018
Splenzo Polyfab Private Limited was registered on 10 Oct 2018 with Roc Ahmedabad & aged 8 years 9 days as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Splenzo Polyfab Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Splenzo Polyfab Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Splenzo Polyfab Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Splenzo Polyfab Private Limited
Splenzo Polyfab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABACS9749L1ZR | Gujarat | Active | 11 Jan 2019 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Splenzo Polyfab Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Splenzo Polyfab Private Limited
Splenzo Polyfab is an active private limited company based in Navsari, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 10 October 2018 (8+ years old) and is registered under CIN U29100GJ2018PTC104682.
Splenzo Polyfab reported revenue of ₹44.75 Cr for FY 2025 (up 54% YoY).
Splenzo Polyfab has 2 current directors:
- Mansukhlal Dharamshibhai Ghetia - Director
- Rasikkumar Tapubhai Dudhagara - Director
Splenzo Polyfab reported a net profit of ₹16.27 Lakh (net margin 0.4%) and EBITDA of ₹1.6 Cr (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Splenzo Polyfab is 15% over three years and 64% over five years. In the latest year (FY 2025) revenue rose 54%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Splenzo Polyfab is 24ABACS9749L1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Splenzo Polyfab is U29100GJ2018PTC104682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Splenzo Polyfab was incorporated on 10 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Splenzo Polyfab has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹29 Lakh; the latest was in March 2019.
The peers of Splenzo Polyfab by revenue are Miter & Miter Engineers Private Limited, Kamath Plastics Private Limited, Flexishield Polyplast Private Limited, Dhanashree Polymers Private Limited, Kineco Train Tech Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Mansukhlal Dharamshibhai Ghetia was appointed as Director on 10 Oct 2018. Rasikkumar Tapubhai Dudhagara was appointed as Director on 10 Oct 2018.