Surchem Polymers Private Limited
About Surchem Polymers Private Limited
Data last updated:
Surchem Polymers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical products segment of the chemicals sector. It was incorporated on 11 November 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1982PTC028705. Its GSTIN is 27AAACS5740E1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mihir Hasmukh Amin and Rishabh Mihir Amin.
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 1st Floor Sida Building 18 Shamaldas Gandhi Marg, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.05 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Lakh (net margin -27.9%) and EBITDA of -₹1.34 Lakh (EBITDA margin -19.1%). Revenue has declined at a compounded annual rate (CAGR) of 136% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹5 Lakh 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.
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- Registered Address1st Floor Sida Building 18 Shamaldas Gandhi Marg, Mumbai, Maharashtra, India – 400002
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
- 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
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Financials of Surchem Polymers Private Limited FY 2025 filings available
Surchem Polymers Private Limited reported revenue of ₹7.05 Lakh (up 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Surchem Polymers Private Limited
Revenue rose 50% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 97% 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 Surchem Polymers 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 | -₹1.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.97 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 Surchem Polymers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -27.9% | •••• | •••• | •••• | •••• |
| 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 Surchem Polymers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Surchem Polymers Private Limited
Surchem Polymers Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Polymers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baysil Polymers Private Limited | ₹7.27 Lakh (FY 2025) | •••• | •••• | 49.0% | •••• | Mumbai, Maharashtra, India |
| Sohan & Sons Polymers India Private Limited | ₹7.24 Lakh (FY 2025) | •••• | •••• | -83.0% | •••• | New Delhi, Delhi, India |
| Mannat Polymers Private Limited | ₹7.22 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Jai Bajrangbali Polymers Private Limited | ₹7.2 Lakh (FY 2025) | •••• | •••• | 40.0% | •••• | Rajasthan, India |
| JMN Floura Polymers Private Limited | ₹7.12 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | New Delhi, Delhi, India |
| Surchem Polymers Private Limited this company | ₹7.05 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| Kasniya Polymers India Private Limited | ₹7.02 Lakh (FY 2021) | •••• | •••• | 100.0% | •••• | Piplana, Gujarat, India |
| Bammo Polymers Limited | ₹6.9 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Thrissur, Kerala, India |
| Videh Polymers Private Limited | ₹6.89 Lakh (FY 2025) | •••• | •••• | 126.0% | •••• | Kolhapur, Maharashtra, India |
| Shweta Polymers Private Limited | ₹6.81 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Mobius Polymers Private Limited | ₹6.75 Lakh (FY 2018) | •••• | •••• | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Surchem Polymers by revenue in the Chemicals industry (Polymers), 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 Surchem Polymers Private Limited
Surchem Polymers Private Limited is audited by JAGDISH B SHAH & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGDISH B SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Surchem Polymers Private Limited
Surchem Polymers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mihir Hasmukh Amin | Director | 16 Jun 1992 | 34 Years 3 Months | Current |
| Rishabh Mihir Amin Also directs: Surchem MV Chemicals Private Limited | Director | 16 Aug 2006 | 20 Years 1 Months | Current |
Ownership and Shareholding of Surchem Polymers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Surchem Polymers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 1988 | Syndicate Bank | ₹3 Lakh | Open |
| 04 Sep 1985 | Syndicate Bank | ₹2 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Surchem Polymers Private Limited
Surchem Polymers Private Limited has 1 court case on record: 1 filed by Surchem Polymers. All case is disposed. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed by the company against an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Surchem Polymers Private Limited
Employment history and EPFO contributions of people linked to Surchem Polymers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Surchem Polymers Private Limited
Surchem Polymers Private Limited has 2 board changes on record since 1992: 2 appointments. The latest: Rishabh Mihir Amin was appointed as Director on 16 Aug 2006.
Credit Ratings, Litigation & Regulatory Alerts for Surchem Polymers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Surchem Polymers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Surchem Polymers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Surchem Polymers Private Limited
Surchem Polymers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5740E1ZJ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Surchem Polymers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Surchem Polymers Private Limited
Surchem Polymers is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical products, within the chemicals industry. It was incorporated on 11 November 1982 (44+ years old) and is registered under CIN U24110MH1982PTC028705.
Surchem Polymers reported revenue of ₹7.05 Lakh for FY 2025 (up 50% YoY).
Surchem Polymers has 2 current directors:
- Mihir Hasmukh Amin - Director
- Rishabh Mihir Amin - Director
Surchem Polymers reported a net loss of ₹1.97 Lakh (net margin -27.9%) and EBITDA of -₹1.34 Lakh (EBITDA margin -19.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Surchem Polymers is 136% over three years and -10% over five years. In the latest year (FY 2025) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Surchem Polymers is 27AAACS5740E1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Surchem Polymers is U24110MH1982PTC028705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surchem Polymers has 1 court case on record: 1 filed by the company.
Surchem Polymers was incorporated on 11 November 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Surchem Polymers by revenue are Baysil Polymers Private Limited, Sohan & Sons Polymers India Private Limited, Mannat Polymers Private Limited, Jai Bajrangbali Polymers Private Limited, JMN Floura Polymers Private Limited and 5 more, all in the Chemicals industry (Polymers).
Rishabh Mihir Amin was appointed as Director on 16 Aug 2006. Mihir Hasmukh Amin was appointed as Director on 16 Jun 1992.