MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0044579
Styro Bond Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.2 Cr
▲ 81% YoY
Net profit · FY 2025
₹10.42 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹30.5 Lakh
EBITDA margin 1.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Styro Bond Private Limited
Data last updated:
Styro Bond Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 07 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24117GJ2018PTC105499. Its GSTIN is 24ABBCS2382Q1ZX (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mukesh Shankarlal Kanoi and Pradeep Chakradhar Garnayak.
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 503 Time Square B/S Pariseema C. G. Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.2 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹10.42 Lakh (net margin 0.4%) and EBITDA of ₹30.5 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 39% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Styro Bond Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0044579). For more details, the company can be reached via its website styrobond.in.
Company details
CIN U24117GJ2018PTC105499
Registration Number 105499
Incorporation Date 07 December 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0044579
Key People
Mukesh Shankarlal Kanoi Director Pradeep Chakradhar Garnayak Director Navratan Sribhagwan Baheti Director Recognitions & Rankings of Styro Bond
Contact details
Styro Bond Private Limited's registered office is in Ahmedabad, Gujarat. Its website is styrobond.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address503 Time Square B/S Pariseema C. G. Road, Ahmedabad, Gujarat, India – 380009
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Styro Bond Private Limited, buy the company report.
Comprehensive company report
Styro Bond Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Styro Bond is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Styro Bond Private Limited, buy the company report.
Financials of Styro Bond Private Limited
FY 2025 filings availableStyro Bond Private Limited reported revenue of ₹23.2 Cr (up 81% YoY) for FY 2025.
Revenue · FY 2025
₹23.2 Cr ▲ 81%
Net profit · FY 2025
₹10.42 Lakh margin 0.4%
EBITDA · FY 2025
₹30.5 Lakh margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 28%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 7%
5 years · compounded
▲ 43%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 81% growth in the latest year. EBITDA rose 59% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹30.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.42 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 1.3% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Styro Bond Private Limited, buy the company report.
Board of directors of Styro Bond Private Limited
Styro Bond has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Shankarlal Kanoi Also directs: Surfex Panels Private Limited, Brown Lam Private Limited, Atith Fibre Pvt Ltd and 1 more | Director | 07 Dec 2018 | 7 Years 10 Months | Current |
| Pradeep Chakradhar Garnayak Also directs: Styropol Resins LLP, Styrobond Neoplast Private Limited | Director | 07 Dec 2018 | 7 Years 10 Months | Current |
| Navratan Sribhagwan Baheti | Director | 17 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Styro Bond Private Limited is audited by PIYUSH J. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH J. SHAH & CO. | FY 2023 | 121172W |
Shareholding
The shareholding of Styro Bond 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 Styro Bond Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2021 | 100425398 | Hdfc Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Styro Bond Private Limited has 2 court cases on record: 2 filed by Styro Bond. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (CR EN) | Filed by the company against individuals | Disposed |
To see the full case history of Styro Bond 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
Styro Bond Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 23 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ramniklal & Gosalia & Co. | |||
| Advanced Resins Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Styro Bond Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Styro Bond has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABBCS2382Q1ZX | Gujarat | Active | 18 Feb 2019 |
To see the full GST registrations and return filing status of Styro Bond Private Limited, buy the company report.
Recent activity
Styro Bond Private Limited has 5 board changes on record since 2018: 4 appointments and 1 cessation. The latest: Amit Rajendra Jhawar ceased to be Director on 17 Sep 2025.
AGM
Styro Bond Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Amit Rajendra Jhawar ceased to be Director.
Appointed
Navratan Sribhagwan Baheti was appointed as Director.
Filing
Styro Bond Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100425398 was registered on 05 Mar 2021.
Appointed
Amit Rajendra Jhawar was appointed as Director.
Appointed
Mukesh Shankarlal Kanoi was appointed as Director.
Appointed
Pradeep Chakradhar Garnayak was appointed as Director.
Incorporation
07 Dec 2018
Styro Bond Private Limited was registered on 07 Dec 2018 with Roc Ahmedabad & aged 7 years 10 months as per MCA records.
Frequently asked questions
Styro Bond is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 07 December 2018 (8+ years old) and is registered under CIN U24117GJ2018PTC105499.
Styro Bond has 3 current directors:
- Mukesh Shankarlal Kanoi - Director
- Pradeep Chakradhar Garnayak - Director
- Navratan Sribhagwan Baheti - Director
The latest financial statements of Styro Bond 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 FY 2019 are in the company report.
The GSTIN of Styro Bond is 24ABBCS2382Q1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Styro Bond is U24117GJ2018PTC105499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Styro Bond has 2 court cases on record: 2 filed by the company. 1 is pending.
Styro Bond was incorporated on 07 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amit Rajendra Jhawar ceased to be Director on 17 Sep 2025. Navratan Sribhagwan Baheti was appointed as Director on 17 Sep 2025. Amit Rajendra Jhawar was appointed as Director on 07 Dec 2018. Styro Bond has 5 board changes on record in total.
Yes, Styro Bond is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0044579).
Styro Bond has 3 MSME Form 1 returns on record between 2019 and 2021, listing 23 overdue payments to 12 micro and small suppliers. The latest return was filed on 24 May 2021.
Styro Bond can be reached through the website styrobond.in. Its registered office is in Ahmedabad, Gujarat, India.