Usha Thermosets Private Limited
About Usha Thermosets Private Limited
Data last updated:
Usha Thermosets Private Limited is a private limited company based in Valsad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 17 August 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1983PTC006420. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Harshul Harish Parikh and Nilima Harish Parikh.
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 Valsad, Gujarat, India – 396155.
As per MCA filings, the company has open charges of ₹82,600 and satisfied charges of ₹6.25 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Usha Thermosets Private Limited's registered office is in Valsad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressValsad, Gujarat, India – 396155
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Usha Thermosets 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 Usha Thermosets 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 |
Financials of Usha Thermosets Private Limited
FY 2025 filings availableUsha Thermosets Private Limited reported revenue of ₹390 for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years. 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
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| Total Revenue | ₹390 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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To see the full financial statements and ratios of Usha Thermosets Private Limited, buy the company report.
Board of directors of Usha Thermosets Private Limited
Usha Thermosets has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshul Harish Parikh Also directs: Unique Resins and Chemicals P Ltd, Unibond Resins Private Limited, Uniset Polymers and Resins P Ltd and 5 more | Director | 06 Nov 2006 | 19 Years 11 Months | Current |
| Nilima Harish Parikh Also directs: Unique Resins and Chemicals P Ltd, Unibond Resins Private Limited, Uniset Polymers and Resins P Ltd and 5 more | Director | 31 May 1986 | 40 Years 5 Months | Current |
| Saumil Harish Parikh Also directs: Unique Resins and Chemicals P Ltd, Unibond Resins Private Limited, Uniset Polymers and Resins P Ltd and 2 more | Director | 19 May 2006 | 20 Years 5 Months | Current |
Auditor
Usha Thermosets Private Limited is audited by KHUNADIA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHUNADIA & ASSOCIATES | FY 2018 | 127167W |
Shareholding
The shareholding of Usha Thermosets Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Usha Thermosets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 1988 | 90111075 | State Bank of India | ₹82,600 | Open | |
| 06 May 2003 | 90111679 | Citi Bank N.A | ₹2.3 Cr | Satisfied | |
| 04 Oct 2001 | 90111588 | Citi Bank N.A | ₹80 Lakh | Satisfied | |
| 24 Sep 2001 | 90111587 | Citi Bank N.A; | ₹3.15 Cr | Satisfied |
To see the full charge records of Usha Thermosets Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Usha Thermosets Private Limited has 10 court cases on record: 10 filed by Usha Thermosets. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 0 | 0 |
Cases on record (1 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
To see the full case history of Usha Thermosets 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 Usha Thermosets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Usha Thermosets has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Usha Thermosets Private Limited, buy the company report.
Recent activity
Usha Thermosets Private Limited has 3 board changes on record since 1986: 3 appointments. The latest: Harshul Harish Parikh was appointed as Director on 06 Nov 2006.
3 earlier events are in the company report.
Frequently asked questions
Usha Thermosets is an active private limited company based in Valsad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 17 August 1983 (43+ years old) and is registered under CIN U24231GJ1983PTC006420.
Usha Thermosets has 3 current directors:
- Harshul Harish Parikh - Director
- Nilima Harish Parikh - Director
- Saumil Harish Parikh - Director
The latest financial statements of Usha Thermosets 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.
No. Usha Thermosets has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Usha Thermosets is U24231GJ1983PTC006420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Usha Thermosets has 10 court cases on record: 10 filed by the company.
Usha Thermosets was incorporated on 17 August 1983, making it 43+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harshul Harish Parikh was appointed as Director on 06 Nov 2006. Saumil Harish Parikh was appointed as Director on 19 May 2006. Nilima Harish Parikh was appointed as Director on 31 May 1986.
The registered office of Usha Thermosets is at Valsad, Gujarat, India – 396155.
Usha Thermosets operates in the manufacturing industry, in the plastic and resins segment.
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