DPIIT recognised startup Government of India
Startup India
Venuka Polymers Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹97.76 Cr
▲ 54% YoY
Net profit · FY 2025
₹2.09 Cr
Net margin 2.1%
EBITDA · FY 2025
₹10.46 Cr
EBITDA margin 10.7%
Authorised capital
₹10.8 Cr
Registered with MCA
Paid-up capital
₹7.94 Cr
Issued & subscribed
Open charges
₹69.11 Cr
Satisfied ₹7 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
24
Provident fund records
About Venuka Polymers Private Limited
Data last updated:
Venuka Polymers Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 19 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2019PTC111511. Its GSTIN is 24AAHCV2250M1Z7 (Gujarat).
The company has an authorised share capital of ₹10.8 Cr and a paid-up capital of ₹7.94 Cr. It is led by directors including Rajesh Singh (Whole-Time Director) and Prashant Sagar.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.76 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Cr (net margin 2.1%) and EBITDA of ₹10.46 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 93% over three years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69.11 Cr and satisfied charges of ₹7 Cr on record. The company has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.21 Cr; the latest was in January 2024. Its 4 peer companies in the Manufacturing industry (Pipes, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Marvex Pipe Tech Private Limited with revenue of ₹98.56 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 30 overdue payments to 7 micro and small suppliers.
Venuka Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0036549). For more details, the company can be reached via its website venukapolymers.com.
Company details
CIN U25209GJ2019PTC111511
Registration Number 111511
Incorporation Date 19 December 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0036549
Key People
Rajesh Singh Whole-Time Director Prashant Sagar Director Manoj Kumar Sharma Nominee Director Recognitions & Rankings of Venuka Polymers
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0036549
Contact details
Venuka Polymers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is venukapolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 729 And A – 730 Money Plant High Street, Jagatpur Road Sarkhej, Ahmedabad, Gujarat, India – 382470
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Venuka Polymers Private Limited, buy the company report.
Comprehensive company report
Venuka 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 Venuka 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 Venuka Polymers Private Limited, buy the company report.
Financials of Venuka Polymers Private Limited
FY 2025 filings availableVenuka Polymers Private Limited reported revenue of ₹97.76 Cr (up 54% YoY) for FY 2025.
Revenue · FY 2025
₹97.76 Cr ▲ 54%
Net profit · FY 2025
₹2.09 Cr margin 2.1%
EBITDA · FY 2025
₹10.46 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 93%
EBITDA CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 124%
5 years · compounded
▲ 231%
Revenue has grown at a compounded annual rate (CAGR) of 93% over three years, including 54% growth in the latest year. EBITDA rose 105% 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 | ₹10.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.09 Cr | ||||
| 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 | 10.7% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 Venuka Polymers Private Limited, buy the company report.
Board of directors of Venuka Polymers Private Limited
Venuka Polymers has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Sagar Also directs: Mauktika Ventures LLP, Ridharv Ventures LLP | Director | 19 Dec 2019 | 6 Years 10 Months | Current |
| Manoj Kumar Sharma | Nominee Director | 19 Nov 2025 | 0 Years 11 Months | Current |
| Abhinand Dahyalal Pandya Also directs: Ni Hon Cylinders Private Limited, Ski-Clean Energy Private Limited, Renascence Healthcare Private Limited and 2 more | Nominee Director | 10 Mar 2025 | 1 Years 7 Months | Current |
| Rajesh Singh Also directs: Mauktika Ventures LLP | Whole-Time Director | 22 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Venuka Polymers Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Pipes, Polymers), 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 |
|---|---|---|---|---|---|---|
| Marvex Pipe Tech Private Limited | ₹98.56 Cr (FY 2024) | 9.0% | Ahmedabad, Gujarat, India | |||
| Shiva Polytubes Private Limited | ₹98.12 Cr (FY 2023) | 16.0% | Patna, Bihar, India | |||
| Venuka Polymers Private Limitedthis company | ₹97.76 Cr (FY 2025) | ₹2.09 Cr | 2.1% | 54.0% | 24 | Ahmedabad, Gujarat, India |
| Chamunda Plastic Private Limited | ₹97.65 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Hi-Tech Polyplast Nagpur Private Limited | ₹97.55 Cr (FY 2025) | -17.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Venuka Polymers Private Limited, buy the company report.
Auditor
Venuka Polymers Private Limited is audited by Mukesh M Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukesh M Shah & Co. | FY 2023 | 106625W |
Shareholding
The shareholding of Venuka Polymers Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Venuka Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹69.11 Cr
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2024 | 100990092 | Others | ₹10 Cr | Open | |
| 08 Jun 2023 | 100734875 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 08 Sep 2022 | 100642052 | Others | ₹20 Cr | Open | |
| 23 Feb 2021 | 100424244 | Axis Bank Limited | ₹14.11 Cr | Open | |
| 08 Sep 2022 | 100641786 | Others | ₹7 Cr | Satisfied |
To see the full charge records of Venuka Polymers Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Venuka Polymers Private Limited has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.21 Cr; the latest was in January 2024.
Total deals
7
Funding rounds
5
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹6.21 Cr
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Rights issue | ₹1.05 Cr | Investors: Mauktika Ventures LLP |
| Dec 2020 | Funding round | ₹1.43 Cr | Investors: Irm Energy Limited , Mauktika Ventures LLP |
| Aug 2020 | Funding round | ₹57.2 Lakh | Investors: Irm Energy Limited , Mauktika Ventures LLP |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Irm Energy Limited , Mauktika Ventures LLP Seller: 2 individuals |
To see the full deal history of Venuka Polymers Private Limited, buy the company report.
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 Venuka 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.
Credit ratings & regulatory alerts
Venuka Polymers Private Limited was last rated by Indiarating on 23 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 23 Dec 2021 |
To see the full credit ratings and regulatory alerts of Venuka Polymers Private Limited, buy the company report.
MSME payment delays
Venuka Polymers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 30 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sunil Roadways Private Limited | |||
| NNTS Private Limited | |||
| Exds Engineering | |||
| an individual supplier |
To see the full MSME payment records of Venuka Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Venuka Polymers Private Limited has a workforce of 24 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
60%
GST
Venuka Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCV2250M1Z7 | Gujarat | Active | 13 Jan 2020 |
To see the full GST registrations and return filing status of Venuka Polymers Private Limited, buy the company report.
Recent activity
Venuka Polymers Private Limited has 14 board changes on record since 2019: 9 appointments and 5 cessations. The latest: Manoj Kumar Sharma was appointed as Nominee Director on 19 Nov 2025.
Appointed
Manoj Kumar Sharma was appointed as Nominee Director.
Ceased
Rajneesh Modi ceased to be Nominee Director.
Ceased
Uttamchand Chandanmal Mehta ceased to be Director.
AGM
Venuka Polymers Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Venuka Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Abhinand Dahyalal Pandya was appointed as Nominee Director.
Appointed
Rajneesh Modi was appointed as Nominee Director.
Ceased
Harshal Vibhakar Anjaria ceased to be Director.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100990092 was registered on 05 Sep 2024.
Appointed
Rajesh Singh was appointed as Whole-Time Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100734875 was registered on 08 Jun 2023.
Charges
A charge registered on 08 Sep 2022 via Charge ID 100641786 with Others was fully satisfied on 22 Feb 2023.
13 earlier events are in the company report.
Frequently asked questions
Venuka Polymers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 19 December 2019 (7+ years old) and is registered under CIN U25209GJ2019PTC111511.
Venuka Polymers has 4 current directors:
- Rajesh Singh - Whole-Time Director
- Prashant Sagar - Director
- Manoj Kumar Sharma - Nominee Director
- Abhinand Dahyalal Pandya - Nominee Director
The latest financial statements of Venuka Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Venuka Polymers is 24AAHCV2250M1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Venuka Polymers is U25209GJ2019PTC111511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venuka Polymers was incorporated on 19 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Venuka Polymers has 7 deals on record (5 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹6.21 Cr; the latest was in January 2024.
The peers of Venuka Polymers by revenue are Marvex Pipe Tech Private Limited, Shiva Polytubes Private Limited, Chamunda Plastic Private Limited, Hi-Tech Polyplast Nagpur Private Limited, all in the Manufacturing industry (Pipes, Polymers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Manoj Kumar Sharma was appointed as Nominee Director on 19 Nov 2025. Rajneesh Modi ceased to be Nominee Director on 17 Nov 2025. Uttamchand Chandanmal Mehta ceased to be Director on 09 Oct 2025. Venuka Polymers has 14 board changes on record in total.
Yes, Venuka Polymers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Venuka Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0036549).
Venuka Polymers has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 30 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.