About Suchit Polyshrink Private Limited
Data last updated:
Suchit Polyshrink Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 19 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2003PTC042769. Its GSTIN is 24AAHCS5499P1ZF (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38 Lakh. It is led by directors including Suresh Venkatraman Iyer and Chitralekha Suresh Iyer.
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 Plot No. 42 43 Bhatpore GIDC Near Gali Township Bhatpore, Surat, Gujarat, India – 394510.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.07 Cr, a growth of 7% compared to the previous year. For the same year it recorded EBITDA of ₹33.57 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹1.84 Cr and satisfied charges of ₹12.02 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suchitpolyshrink.co.in.
Company details
Contact details
Suchit Polyshrink Private Limited's registered office is in Surat, Gujarat. Its website is suchitpolyshrink.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 42 43 Bhatpore GIDC Near Gali Township Bhatpore, Surat, Gujarat, India – 394510
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Suchit Polyshrink 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 Suchit Polyshrink 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 Suchit Polyshrink Private Limited, buy the company report.
Financials of Suchit Polyshrink Private Limited
FY 2025 filings availableSuchit Polyshrink Private Limited reported revenue of ₹7.07 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 7% growth in the latest year. EBITDA rose 11% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹33.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Suchit Polyshrink Private Limited, buy the company report.
Board of directors of Suchit Polyshrink Private Limited
Suchit Polyshrink has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Venkatraman Iyer | Director | 28 Aug 2003 | 23 Years 1 Months | Current |
| Chitralekha Suresh Iyer | Director | 28 Aug 2003 | 23 Years 1 Months | Current |
| Venkataraman Subramaniam Iyer | Director | 28 Aug 2003 | 23 Years 1 Months | Current |
Peer comparison
Suchit Polyshrink Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Samen Industries Private Limited | ₹7.35 Cr (FY 2025) | 8.0% | Ghaziabad, Uttar Pradesh, India | |||
| Renu Prints Private Limited | ₹7.13 Cr (FY 2025) | 3.0% | Aurangabad, Maharashtra, India | |||
| Suchit Polyshrink Private Limitedthis company | ₹7.07 Cr (FY 2025) | 7.0% | Surat, Gujarat, India | |||
| Jagdamba Foils Private Limited | ₹7.04 Cr (FY 2024) | -5.0% | New Delhi, Delhi, India | |||
| Santoshi Barrier Film India Private Limited | ₹6.97 Cr (FY 2020) | -88.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Suchit Polyshrink Private Limited, buy the company report.
Auditor
Suchit Polyshrink Private Limited is audited by RASESH SHAH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RASESH SHAH & ASSOCIATES | FY 2021 | 108671W |
Shareholding
The shareholding of Suchit Polyshrink Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Suchit Polyshrink Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2023 | 100832300 | Yes Bank Limited | ₹1.84 Cr | Open | |
| 19 Jun 2015 | 10580289 | Hdfc Bank Limited | ₹2.27 Cr | Satisfied | |
| 13 Jul 2013 | 10439921 | The Sutex Co-Operative Bank Ltd. | ₹30 Lakh | Satisfied | |
| 12 Oct 2009 | 10183416 | The Sutex Co-Operative Bank Ltd. | ₹65.95 Lakh | Satisfied | |
| 12 Oct 2009 | 10184691 | Sutex Co-Operative Bank Limited | ₹2.67 Cr | Satisfied |
To see the full charge records of Suchit Polyshrink Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Suchit Polyshrink Private Limited has 1 court case on record: 1 filed by Suchit Polyshrink. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Banda Holograms Pvt Ltd | Disposed |
To see the full case history of Suchit Polyshrink 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 Suchit Polyshrink Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suchit Polyshrink has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS5499P1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suchit Polyshrink Private Limited, buy the company report.
Recent activity
Suchit Polyshrink Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Chitralekha Suresh Iyer was appointed as Director on 28 Aug 2003.
17 earlier events are in the company report.
Frequently asked questions
Suchit Polyshrink is an active private limited company based in Surat, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 19 August 2003 (23+ years old) and is registered under CIN U25209GJ2003PTC042769.
Suchit Polyshrink has 3 current directors:
- Suresh Venkatraman Iyer - Director
- Chitralekha Suresh Iyer - Director
- Venkataraman Subramaniam Iyer - Director
The latest financial statements of Suchit Polyshrink 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 Suchit Polyshrink is 24AAHCS5499P1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of Suchit Polyshrink is U25209GJ2003PTC042769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suchit Polyshrink has 1 court case on record: 1 filed by the company.
Suchit Polyshrink was incorporated on 19 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Suchit Polyshrink by revenue are Samen Industries Private Limited, Renu Prints Private Limited, Jagdamba Foils Private Limited, Santoshi Barrier Film India Private Limited, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Chitralekha Suresh Iyer was appointed as Director on 28 Aug 2003. Suresh Venkatraman Iyer was appointed as Director on 28 Aug 2003. Venkataraman Subramaniam Iyer was appointed as Director on 28 Aug 2003.
Suchit Polyshrink can be reached through the website suchitpolyshrink.co.in. Its registered office is in Surat, Gujarat, India.
The registered office of Suchit Polyshrink is at Plot No. 42 43 Bhatpore GIDC Near Gali Township Bhatpore, Surat, Gujarat, India – 394510.