SRV Polytex Private Limited
About SRV Polytex Private Limited
Data last updated:
SRV Polytex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45100MH1997PTC106705. Its GSTIN is 27AABCS3575N2ZT (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.27 Cr. It is led by directors including Rajendra Vinaychand Shah (Whole-Time Director) and Rita Rajendra Shah.
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 401 Symphony Nehruroad Nearcanarabank Vileparleeast, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹261.93 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.32 Cr (net margin 1.3%) and EBITDA of ₹5.74 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 217% over three years and 193% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.86 Cr and satisfied charges of ₹82.55 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
SRV Polytex has one previous CIN (Corporate Identification Number): U17120MH1997PTC106705. The current CIN is U45100MH1997PTC106705, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MH1997PTC106705 | Current |
| U17120MH1997PTC106705 | Previous |
Contact details
SRV Polytex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address401 Symphony Nehruroad Nearcanarabank Vileparleeast, Mumbai, Maharashtra, India – 400057
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of SRV Polytex 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 SRV 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 SRV Polytex Private Limited, buy the company report.
Financials of SRV Polytex Private Limited
FY 2025 filings availableSRV Polytex Private Limited reported revenue of ₹261.93 Cr (up 156% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 193% over five years, including 156% growth in the latest year. EBITDA rose 111% 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 | ₹5.74 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.32 Cr | ||||
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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 | 2.2% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SRV Polytex Private Limited, buy the company report.
Board of directors of SRV Polytex Private Limited
SRV Polytex 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 |
|---|---|---|---|---|
| Rajendra Vinaychand Shah Also directs: Novaris Investment Solutions LLP, Rudra Infrarealty LLP, Rudra Neelkanth Infrabuildcon LLP and 1 more | Whole-Time Director | 19 Mar 1997 | 29 Years 7 Months | Current |
| Rita Rajendra Shah Also directs: Novaris Investment Solutions LLP | Director | 19 Mar 1997 | 29 Years 7 Months | Current |
| Chintan Rajendra Shah Also directs: Novaris Investment Solutions LLP, Rudra Infrarealty LLP, Rudra Neelkanth Infrabuildcon LLP and 5 more | Director | 21 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
SRV Polytex Private Limited is compared with the 8 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing, Real Estate Leasing, 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 |
|---|---|---|---|---|---|---|
| Panorama Exports Pvt Ltd | ₹265.77 Cr (FY 2025) | 74.0% | New Delhi, Delhi, India | |||
| Cubatics Industries Private Limited | ₹264.67 Cr (FY 2023) | 21.0% | Mumbai, Maharashtra, India | |||
| Arvind Cotsyn India Ltd | ₹263.56 Cr (FY 2025) | -8.0% | Ichalkaranji, Maharashtra, India | |||
| SRV Polytex Private Limitedthis company | ₹261.93 Cr (FY 2025) | ₹3.32 Cr | 1.3% | 156.0% | 52 | Mumbai, Maharashtra, India |
| Quality Exim Private Limited | ₹260.69 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Cotton Blossom India Private Limited | ₹260.68 Cr (FY 2025) | 13.0% | Tirupur, Tamil Nadu, India | |||
| Blueline Apparels Private Limited | ₹260.57 Cr (FY 2025) | 46.0% | Theni, Tamil Nadu, India | |||
| Aayush Spintex Private Limited | ₹259.98 Cr (FY 2025) | 44.0% | Indore, Madhya Pradesh, India | |||
| Menaka Mills Private Limited | ₹259.92 Cr (FY 2025) | 46.0% | Theni, Tamil Nadu, India |
To see the full peer comparison of SRV Polytex Private Limited, buy the company report.
Auditor
SRV Polytex Private Limited is audited by S.T.BALDIA AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.T.BALDIA AND CO. | FY 2023 | 100939W |
Shareholding
The shareholding of SRV Polytex 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 SRV Polytex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101177129 | Others | ₹36 Lakh | Open | |
| 10 Sep 2024 | 100972224 | Hdfc Bank Limited | ₹7 Cr | Open | |
| 25 Jan 2024 | 100860298 | State Bank of India | ₹19.5 Cr | Open | |
| 10 Feb 2016 | 10624346 | Andhra Bank | ₹25 Cr | Satisfied | |
| 28 May 2014 | 10548698 | State Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of SRV Polytex Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
SRV Polytex Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Modern Petrofils ( A Unit of Modern Syntex (I) Ltd) | Disposed |
| Supreme Court | Court case (0433-Indirect Taxes Matters : Appeals u/s 35 L of Central Excise and Salt Act, 1944.) | Filed against the company by an individual | Disposed |
| Supreme Court | Appeal | Filed against the company by individuals | Disposed |
To see the full case history of SRV Polytex 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
No delayed payments to MSME suppliers are on our record for SRV Polytex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SRV Polytex Private Limited has a workforce of 52 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
SRV Polytex has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS3575N2ZT | Maharashtra | Active | 22 Feb 2021 |
| 26AABCS3575N1ZW | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 24AABCS3575N1Z0 | Gujarat | Active | 12 Dec 2023 |
To see the full GST registrations and return filing status of SRV Polytex Private Limited, buy the company report.
Recent activity
SRV Polytex Private Limited has 6 board changes on record since 1997: 5 appointments and 1 cessation. The latest: Chintan Rajendra Shah was appointed as Director on 21 Jun 2023.
19 earlier events are in the company report.
Frequently asked questions
SRV Polytex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 March 1997 (29+ years old) and is registered under CIN U45100MH1997PTC106705.
SRV Polytex has 3 current directors:
- Rajendra Vinaychand Shah - Whole-Time Director
- Rita Rajendra Shah - Director
- Chintan Rajendra Shah - Director
The latest financial statements of SRV 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 SRV Polytex is 27AABCS3575N2ZT, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 26AABCS3575N1ZW (Dadra and Nagar Haveli and Daman and Diu), 24AABCS3575N1Z0 (Gujarat).
The CIN (Corporate Identification Number) of SRV Polytex is U45100MH1997PTC106705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SRV Polytex has 3 court cases on record: 3 filed against it. Most are in the supreme court.
SRV Polytex was incorporated on 19 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of SRV Polytex by revenue are Panorama Exports Pvt Ltd, Cubatics Industries Private Limited, Arvind Cotsyn India Ltd, Quality Exim Private Limited, Cotton Blossom India Private Limited and 3 more, all in the BFSI industry (Machinery and Equipment Leasing, Real Estate Leasing, Textiles), with the same principal business activity (textile, leather and other apparel products).
Chintan Rajendra Shah was appointed as Director on 21 Jun 2023. Vinaychand Talakchand Shah ceased to be Director on 11 Jul 2012. Rajendra Vinaychand Shah was appointed as Whole-Time Director on 19 Mar 1997. SRV Polytex has 6 board changes on record in total.
The registered office of SRV Polytex is at 401 Symphony Nehruroad Nearcanarabank Vileparleeast, Mumbai, Maharashtra, India – 400057.
SRV Polytex operates in the manufacturing industry, in the textile and fabric production segment.