DPIIT recognised startup Government of India
Startup India
Tulon Materials Private Limited
Tulon Materials Private Limited - manufacturing in Raigarh, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.33 Lakh
Latest filing
Net loss · FY 2024
₹4.62 Lakh
Net margin -106.7%
EBITDA · FY 2024
-₹3.14 Lakh
EBITDA margin -72.5%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹18.13 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Tulon Materials Private Limited
Data last updated:
Tulon Materials Private Limited is a private limited company based in Raigarh, Maharashtra, India, recognised as a startup by DPIIT. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 02 June 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2022PTC383983.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹18.13 Lakh. It was formerly known as Esg Resin Private Limited. It is led by directors including Asesh Sarkar (Managing Director) and Harsh Atul Bhatt (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Santosh Niwas Flat No 305 Plot No 102 Sector 19 Ulwe Wahal, Raigarh, Maharashtra, India – 410206.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.33 Lakh. For the same year it recorded a net loss of ₹4.62 Lakh (net margin -106.7%) and EBITDA of -₹3.14 Lakh (EBITDA margin -72.5%).
The company is associated with 1 brand: Esgresin. The company has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in July 2026.
Tulon Materials Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0087656). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24290MH2022PTC383983
Registration Number 383983
Incorporation Date 02 June 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-27-0087656
Key People
Asesh Sarkar Managing Director Harsh Atul Bhatt Whole-Time Director Rabindranath Mandal Director Recognitions & Rankings of Tulon Materials
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-27-0087656
Contact details
Tulon Materials Private Limited's registered office is in Raigarh, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSantosh Niwas Flat No 305 Plot No 102 Sector 19 Ulwe Wahal, Raigarh, Maharashtra, India – 410206
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Tulon Materials Private Limited, buy the company report.
Comprehensive company report
Tulon Materials 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
Brands
Tulon Materials operates one associated brand: Esgresin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures eco-friendly resins for industrial coatings, printing inks, and adhesives. | esgresin.com |
Business activity
The main business activity of Tulon Materials 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 Tulon Materials Private Limited, buy the company report.
Financials of Tulon Materials Private Limited
FY 2025 filings availableTulon Materials Private Limited reported revenue of ₹4.33 Lakh for FY 2024.
Revenue · FY 2024
₹4.33 Lakh
Net loss · FY 2024
₹4.62 Lakh margin -106.7%
EBITDA · FY 2024
-₹3.14 Lakh margin -72.5%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹3.14 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.62 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -72.5% | |
| Net Profit Margin | -106.7% | |
| 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 Tulon Materials Private Limited, buy the company report.
Board of directors of Tulon Materials Private Limited
Tulon Materials has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rabindranath Mandal | Director | 02 Jun 2022 | 4 Years 4 Months | Current |
| Harsh Atul Bhatt | Whole-Time Director | 24 Sep 2024 | 2 Years 0 Months | Current |
| Asesh Sarkar | Managing Director | 02 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Tulon Materials Private Limited is audited by MSU & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSU & Co. | FY 2023 | 126232W |
Shareholding
The shareholding of Tulon Materials Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Tulon Materials Private Limited, buy the company report.
Deals & funding
Tulon Materials Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in July 2026.
Total deals
1
Funding round
1
Disclosed funding
₹10 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Funding round · Seed | ₹10 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Tulon Materials 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 Tulon Materials Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tulon Materials Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Tulon Materials Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tulon Materials Private Limited has 7 board changes on record since 2022: 3 appointments and 4 cessations. The latest: Ajay Kumar Mishra ceased to be Director on 24 Sep 2024.
AGM
Tulon Materials Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Tulon Materials Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Ajay Kumar Mishra ceased to be Director.
Appointed
Harsh Atul Bhatt was appointed as Whole-Time Director.
Ceased
Asesh Sarkar ceased to be Director.
Ceased
Shanta Borkataky ceased to be Director.
Ceased
Sudhir Pundalik Deshpande ceased to be Director.
Appointed
Asesh Sarkar was appointed as Managing Director.
Appointed
Rabindranath Mandal was appointed as Director.
Incorporation
02 Jun 2022
Tulon Materials Private Limited was registered on 02 Jun 2022 with Roc Mumbai Ii & aged 4 years 4 months as per MCA records.
Frequently asked questions
Tulon Materials is an active private limited company based in Raigarh, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 02 June 2022 (4+ years old) and is registered under CIN U24290MH2022PTC383983.
Tulon Materials has 3 current directors:
- Asesh Sarkar - Managing Director
- Harsh Atul Bhatt - Whole-Time Director
- Rabindranath Mandal - Director
The latest financial statements of Tulon Materials on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Tulon Materials is U24290MH2022PTC383983. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tulon Materials was incorporated on 02 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Tulon Materials has 1 deal on record (1 funding round), with disclosed funding of ₹10 Cr; the latest was in July 2026.
Ajay Kumar Mishra ceased to be Director on 24 Sep 2024. Harsh Atul Bhatt was appointed as Whole-Time Director on 24 Sep 2024. Asesh Sarkar ceased to be Director on 23 Sep 2024. Tulon Materials has 7 board changes on record in total.
Yes, Tulon Materials is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Tulon Materials is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-27-0087656).
The registered office of Tulon Materials is at Santosh Niwas Flat No 305 Plot No 102 Sector 19 Ulwe Wahal, Raigarh, Maharashtra, India – 410206.