MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-12-0012730
Vaigai Polymers Private Limited - manufacturing in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.74 Lakh
▼ 45% YoY
Net profit · FY 2025
₹1.42 Lakh
Net margin 3%
EBITDA · FY 2025
₹4.25 Lakh
EBITDA margin 9.1%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹1.3 Cr
Satisfied ₹1.32 Cr
Company age
33 yrs
Est. 1993
Directors on board
2
As per MCA filings
About Vaigai Polymers Private Limited
Data last updated:
Vaigai Polymers Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 24 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17111TN1993PTC026260. Its GSTIN is 33AABCV9351R1ZO (Tamil Nadu).
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹15 Lakh. It was formerly known as Jayaprakash Hosieries Private Limited. It is led by directors Subbiah Jayaprakash (Managing Director) and Jayaprakash Suchithraa.
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 120 Mania SIDCO Industrialestate Variciyur Post Madurai 625020, Tamil Nadu, India – 625020.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.74 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Lakh (net margin 3%) and EBITDA of ₹4.25 Lakh (EBITDA margin 9.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹1.3 Cr and satisfied charges of ₹1.32 Cr on record.
Vaigai Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0012730). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaigai-polymers-private-limited.business.site.
Company details
CIN U17111TN1993PTC026260
Registration Number 026260
Incorporation Date 24 November 1993
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-12-0012730
Recognitions & Rankings of Vaigai Polymers
Contact details
Vaigai Polymers Private Limited's registered office is in Madurai, Tamil Nadu. Its website is vaigai-polymers-private-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address120 Mania SIDCO Industrialestate Variciyur Post Madurai 625020, Tamil Nadu, India – 625020
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
To see the full contact details of Vaigai Polymers Private Limited, buy the company report.
Comprehensive company report
Vaigai 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Vaigai Polymers 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 Vaigai Polymers Private Limited, buy the company report.
Financials of Vaigai Polymers Private Limited
FY 2025 filings availableVaigai Polymers Private Limited reported revenue of ₹46.74 Lakh (down 45% YoY) for FY 2025.
Revenue · FY 2025
₹46.74 Lakh ▼ 45%
Net profit · FY 2025
₹1.42 Lakh margin 3%
EBITDA · FY 2025
₹4.25 Lakh margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 5%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▲ 54%
5 years · compounded
▲ 14%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 45% fall in the latest year. EBITDA fell 24% 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 | ₹4.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.42 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 3% | ||||
| 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 Vaigai Polymers Private Limited, buy the company report.
Board of directors of Vaigai Polymers Private Limited
Vaigai Polymers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayaprakash Suchithraa | Director | 06 Jan 2010 | 16 Years 9 Months | Current |
| Subbiah Jayaprakash | Managing Director | 30 Sep 1998 | 28 Years 1 Months | Current |
Peer comparison
Vaigai Polymers Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products), 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 |
|---|---|---|---|---|---|---|
| H G Polymers Private Limited | ₹47.25 Lakh (FY 2022) | 121.0% | Amritsar, Punjab, India | |||
| Trimurti Polyplast India Private Limited | ₹47.04 Lakh (FY 2019) | -60.0% | Beed, Maharashtra, India | |||
| Mingchen Plastic Technology Private Limited | ₹46.81 Lakh (FY 2020) | Gurugram, Haryana, India | ||||
| Ibis Industries Private Limited | ₹46.75 Lakh (FY 2025) | -78.0% | Kunnamkulam, Kerala, India | |||
| Vaigai Polymers Private Limitedthis company | ₹46.74 Lakh (FY 2025) | ₹1.42 Lakh | 3% | -45.0% | Madurai, Tamil Nadu, India | |
| Viraj Polyplast Technologies Private Limited | ₹46.67 Lakh (FY 2022) | 31014.0% | Mumbai, Maharashtra, India | |||
| Suraj Enterpises Private Limited | ₹46.56 Lakh (FY 2025) | 85.0% | New Delhi, Delhi, India | |||
| Alliance Display Forms Private Limited | ₹46.22 Lakh (FY 2025) | -78.0% | New Delhi, Delhi, India |
To see the full peer comparison of Vaigai Polymers Private Limited, buy the company report.
Auditor
Vaigai Polymers Private Limited is audited by R.SUNDARAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.SUNDARAM & ASSOCIATES | FY 2023 | 011806S |
Shareholding
The shareholding of Vaigai Polymers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vaigai Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.3 Cr
Satisfied charges
₹1.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101164325 | Others | ₹15 Lakh | Open | |
| 16 Jul 2024 | 100956046 | Others | ₹15 Lakh | Open | |
| 27 May 2024 | 100934171 | Others | ₹20 Lakh | Open | |
| 28 Mar 2024 | 100894179 | Others | ₹40 Lakh | Open | |
| 20 Feb 2024 | 100876446 | Others | ₹25 Lakh | Open |
To see the full charge records of Vaigai Polymers Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
No court or tribunal cases involving Vaigai 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 Vaigai Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vaigai Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCV9351R1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vaigai Polymers Private Limited, buy the company report.
Recent activity
Vaigai Polymers Private Limited has 9 board changes on record since 1998: 2 appointments and 7 cessations. The latest: Jayaprakash Suchithraa ceased to be Additional Director on 28 Sep 2018.
Charges
A charge registered on 21 Jul 2020 via Charge ID 100359346 with Others was fully satisfied on 06 Oct 2025.
Charges
A charge registered on 29 Jul 2019 via Charge ID 100282919 with Others was fully satisfied on 06 Oct 2025.
Charges
A charge registered on 24 Aug 2018 via Charge ID 100200475 with Others was fully satisfied on 06 Oct 2025.
AGM
Vaigai Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 101164325 was registered on 30 Sep 2025.
Filing
Vaigai Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100956046 was registered on 16 Jul 2024.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100934171 was registered on 27 May 2024.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100894179 was registered on 28 Mar 2024.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100876446 was registered on 20 Feb 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100832177 was registered on 06 Dec 2023.
Charges
A charge with Others amounted to Rs. 7.27 Lakh with Charge ID 100359346 was registered on 21 Jul 2020.
26 earlier events are in the company report.
Frequently asked questions
Vaigai Polymers is an active private limited company based in Madurai, Tamil Nadu, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 24 November 1993 (33+ years old) and is registered under CIN U17111TN1993PTC026260.
Vaigai Polymers has 2 current directors:
- Subbiah Jayaprakash - Managing Director
- Jayaprakash Suchithraa - Director
The latest financial statements of Vaigai 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 Vaigai Polymers is 33AABCV9351R1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vaigai Polymers is U17111TN1993PTC026260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaigai Polymers was incorporated on 24 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vaigai Polymers by revenue are H G Polymers Private Limited, Trimurti Polyplast India Private Limited, Mingchen Plastic Technology Private Limited, Ibis Industries Private Limited, Viraj Polyplast Technologies Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products, Polymers, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Jayaprakash Suchithraa ceased to be Additional Director on 28 Sep 2018. Srinivasaga Reddiar Subbiah ceased to be Director on 27 Jan 2010. Jayaprakash Suchithraa was appointed as Director on 06 Jan 2010. Vaigai Polymers has 9 board changes on record in total.
Yes, Vaigai Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-12-0012730).
Vaigai Polymers can be reached through the website vaigai-polymers-private-limited.business.site. Its registered office is in Madurai, Tamil Nadu, India.
The registered office of Vaigai Polymers is at 120 Mania SIDCO Industrialestate Variciyur Post Madurai 625020, Tamil Nadu, India – 625020.