MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0148342
Swift Polymers Private Limited
Swift Polymers Private Limited - trading in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹160.71 Cr
▲ 417% YoY
Net loss · FY 2025
₹14.62 Cr
Net margin -9.1%
EBITDA · FY 2025
-₹14.62 Cr
EBITDA margin -9.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Swift Polymers Private Limited
Data last updated:
Swift Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24134KA2007PTC042801. Its GSTIN is 29AAKCS9595D1ZM (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Nilesh Kumar Tibrewala and Hemant Kumar Tulsyan.
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 No. 37/12 – 1 Archana Complex 4th Cross Lalbagh Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹160.71 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.62 Cr (net margin -9.1%) and EBITDA of -₹14.62 Cr (EBITDA margin -9.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 865% over five years.
Swift Polymers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0148342). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24134KA2007PTC042801
Registration Number 042801
Incorporation Date 15 May 2007
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0148342
Recognitions & Rankings of Swift Polymers
Contact details
Swift Polymers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 37/12 – 1 Archana Complex 4th Cross Lalbagh Road, Bangalore, Karnataka, India – 560027
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Swift Polymers Private Limited, buy the company report.
Comprehensive company report
Swift Polymers 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
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Business activity
The main business activity of Swift Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Swift Polymers Private Limited, buy the company report.
Financials of Swift Polymers Private Limited
FY 2025 filings availableSwift Polymers Private Limited reported revenue of ₹160.71 Cr (up 417% YoY) for FY 2025.
Revenue · FY 2025
₹160.71 Cr ▲ 417%
Net loss · FY 2025
₹14.62 Cr margin -9.1%
EBITDA · FY 2025
-₹14.62 Cr margin -9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 417%
3 years · compounded
▲ 41%
5 years · compounded
▲ 865%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 169%
5 years · compounded
▼ 623%
Revenue has grown at a compounded annual rate (CAGR) of 865% over five years, including 417% growth in the latest year. EBITDA fell 33% 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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| Total Expenses | |||||
| EBITDA | -₹14.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.62 Cr | ||||
| Balance Sheet | |||||
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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 | -9.1% | ||||
| Net Profit Margin | -9.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Swift Polymers Private Limited, buy the company report.
Board of directors of Swift Polymers Private Limited
Swift Polymers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Kumar Tibrewala Also directs: Seethalakshmi Hall Flour Mills Private Limited, Sridhara Commercial Private Limited, Harikesh Commercial Private Limited and 5 more | Director | 12 Mar 2024 | 2 Years 8 Months | Current |
| Hemant Kumar Tulsyan Also directs: Vatika Ventures LLP, Tulsyan Vyapar (India) Private Limited, Udhbhav Polymers Private Limited and 5 more | Director | 12 Mar 2024 | 2 Years 8 Months | Current |
Peer comparison
Swift Polymers Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haripack Polymers Private Limited | ₹166.12 Cr (FY 2025) | 32.0% | Nagpur, Maharashtra, India | |||
| Chemoplast India Private Limited | ₹161.8 Cr (FY 2025) | 61.0% | New Delhi, Delhi, India | |||
| Swift Polymers Private Limitedthis company | ₹160.71 Cr (FY 2025) | -₹14.62 Cr | -9.1% | 417.0% | Bangalore, Karnataka, India | |
| A L A Chemicals Private Limited | ₹156.89 Cr (FY 2024) | 51.0% | Vasai, Maharashtra, India | |||
| Chime Polymers Private Limited | ₹156.76 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Swift Polymers Private Limited, buy the company report.
Auditor
Swift Polymers Private Limited is audited by J M NIMODIYA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M NIMODIYA & CO | FY 2021 | 023205S |
Shareholding
The shareholding of Swift Polymers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swift Polymers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Swift Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Swift Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swift Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCS9595D1ZM | Karnataka | Active | 03 Mar 2021 |
To see the full GST registrations and return filing status of Swift Polymers Private Limited, buy the company report.
Recent activity
Swift Polymers Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Hemant Kumar Tulsyan ceased to be Additional Director on 29 Sep 2024.
AGM
Swift Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swift Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Hemant Kumar Tulsyan ceased to be Additional Director.
Ceased
Nilesh Kumar Tibrewala ceased to be Additional Director.
Ceased
Vivek Ramsisaria ceased to be Director.
Appointed
Hemant Kumar Tulsyan was appointed as Director.
Appointed
Nilesh Kumar Tibrewala was appointed as Director.
Ceased
Varun Ramsisaria ceased to be Additional Director.
Ceased
Chandra Prakash Ramsisaria ceased to be Director.
Ceased
Suresh Kumar Ramsisaria ceased to be Director.
Incorporation
15 May 2007
Swift Polymers Private Limited was registered on 15 May 2007 with Roc Bangalore & aged 19 years 6 months as per MCA records.
Frequently asked questions
Swift Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 15 May 2007 (19+ years old) and is registered under CIN U24134KA2007PTC042801.
Swift Polymers has 2 current directors:
- Nilesh Kumar Tibrewala - Director
- Hemant Kumar Tulsyan - Director
The latest financial statements of Swift Polymers 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 Swift Polymers is 29AAKCS9595D1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Swift Polymers is U24134KA2007PTC042801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swift Polymers was incorporated on 15 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Swift Polymers by revenue are Haripack Polymers Private Limited, Chemoplast India Private Limited, A L A Chemicals Private Limited, Chime Polymers Private Limited, all in the Manufacturing industry (Plastics and Resins, Polymers), with the same principal business activity (wholesale trading).
Hemant Kumar Tulsyan ceased to be Additional Director on 29 Sep 2024. Nilesh Kumar Tibrewala ceased to be Additional Director on 29 Sep 2024. Vivek Ramsisaria ceased to be Director on 13 Mar 2024. Swift Polymers has 8 board changes on record in total.
Yes, Swift Polymers is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0148342).
The registered office of Swift Polymers is at No. 3712 – 1 Archana Complex 4th Cross Lalbagh Road, Bangalore, Karnataka, India – 560027.
Swift Polymers operates in the trading industry, in the other wholesale segment.
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