MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-JK-07-0001865
Versatile Polytech Private Limited
Versatile Polytech Private Limited - packaging in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.17 Cr
▼ 10% YoY
Net loss · FY 2025
₹1.31 Cr
Net margin -2.8%
EBITDA · FY 2025
₹2.12 Cr
EBITDA margin 4.6%
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹6.41 Cr
Issued & subscribed
Open charges
₹22.01 Cr
Satisfied ₹70.97 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
36
Provident fund records
About Versatile Polytech Private Limited
Data last updated:
Versatile Polytech Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 19 January 2004 and has been in existence for over 22 years.
Its director Varinder Pal Singh Kandhari is #1,055 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25209DL2004PTC124164. Its GSTIN is 01AACCV1244Q1ZC (Jammu and Kashmir). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.41 Cr. It is led by directors including Herminder Singh Oberoi and Naval Singh Sobti.
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 25 Bazar Lane Superior House Bangali Market, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.17 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹1.31 Cr (net margin -2.8%) and EBITDA of ₹2.12 Cr (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 2% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.01 Cr and satisfied charges of ₹70.97 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 1 case is pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5 Cr; the latest was in March 2021. Its 3 peer companies in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 smaller; the largest is Nawkiran Polyplast Private Limited with revenue of ₹45.84 Cr.
Versatile Polytech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JK-07-0001865). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25209DL2004PTC124164
Registration Number 124164
Incorporation Date 19 January 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-JK-07-0001865
Recognitions & Rankings of Versatile Polytech
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,055 Varinder Pal Singh Kandhari ₹2,500 Cr
Contact details
Versatile Polytech Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address25 Bazar Lane Superior House Bangali Market, New Delhi, Delhi, India – 110001
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Versatile Polytech Private Limited, buy the company report.
Comprehensive company report
Versatile Polytech 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 Versatile Polytech 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 Versatile Polytech Private Limited, buy the company report.
Financials of Versatile Polytech Private Limited
FY 2025 filings availableVersatile Polytech Private Limited reported revenue of ₹46.17 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹46.17 Cr ▼ 10%
Net loss · FY 2025
₹1.31 Cr margin -2.8%
EBITDA · FY 2025
₹2.12 Cr margin 4.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 4%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 23%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 10% fall in the latest year. EBITDA fell 34% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.31 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| 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 | 4.6% | ||||
| Net Profit Margin | -2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Versatile Polytech Private Limited, buy the company report.
Board of directors of Versatile Polytech Private Limited
Versatile Polytech has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Herminder Singh Oberoi Also directs: Enrich Agro Food Products Private Ltd | Director | 02 Jul 2018 | 8 Years 4 Months | Current |
| Naval Singh Sobti Also directs: Heritage Beverages Private Limited | Director | 02 Jun 2012 | 14 Years 5 Months | Current |
| Vinod Jamwal Also directs: MMG Beverages Private Limited | Director | 02 Jun 2012 | 14 Years 5 Months | Current |
| Varinder Pal Singh Kandhari | Director | 19 Jan 2004 | 22 Years 9 Months | Current |
| Sanjeev Agrawal Also directs: PNR Systems Private Limited, Indian Soft Drinks Manufacturers Association, MMG Advisors LLP and 5 more | Director | 19 Jan 2004 | 22 Years 9 Months | Current |
| Mukesh Kumar Agarwal Also directs: Metbrass Plassim India Private Limited, Hindustan Aqua Private Limited, RPL Capital Finance Limited and 5 more | Director | 19 Jan 2004 | 22 Years 9 Months | Current |
Peer comparison
Versatile Polytech Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Bottles and Caps), 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 |
|---|---|---|---|---|---|---|
| Versatile Polytech Private Limitedthis company | ₹46.17 Cr (FY 2025) | -₹1.31 Cr | -2.8% | -10.0% | 36 | New Delhi, Delhi, India |
| Nawkiran Polyplast Private Limited | ₹45.84 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Praveen Polymers Private Limited | ₹44.66 Cr (FY 2025) | -3.0% | Chennai, Tamil Nadu, India | |||
| Gaurav Containers Limited | ₹42.92 Cr (FY 2023) | 12.0% | Mumba, Maharashtra, India |
To see the full peer comparison of Versatile Polytech Private Limited, buy the company report.
Auditor
Versatile Polytech Private Limited is audited by RAMESH SARDANA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH SARDANA & CO. | FY 2023 | 002190N |
Shareholding
The shareholding of Versatile Polytech 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Versatile Polytech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.01 Cr
Satisfied charges
₹70.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2024 | 101035598 | Hdfc Bank Limited | ₹18.79 Lakh | Open | |
| 18 Mar 2023 | 100699799 | Axis Bank Limited | ₹3.43 Cr | Open | |
| 18 Jan 2023 | 100707387 | Axis Bank Limited | ₹3.4 Cr | Open | |
| 13 Dec 2021 | 100519566 | Axis Bank Limited | ₹15 Cr | Open | |
| 17 Feb 2017 | 100098724 | Yes Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of Versatile Polytech Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Versatile Polytech Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5 Cr; the latest was in March 2021.
Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹5 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Indo-Gulf Infrastructure & Investments Private Limited Seller: MSG Finance (India) Private Limited , Focus Buildwell Private Limited |
| Apr 2013 | Funding round | ₹3.73 Cr | Investors: Moon Beverages Limited , Enrich Agro Food Products Private Ltd , Focus Buildwell Private Limited |
| Jan 2009 | Funding round | ₹14.1 Lakh | Investors: Moon Beverages Limited , Enrich Agro Food Products Private Ltd |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: Indo-Gulf Infrastructure & Investments Private Limited Seller: Enrich Agro Food Products Private Ltd |
| Mar 2007 | Funding round | ₹1.13 Cr | Investors: Enrich Agro Food Products Private Ltd , Moon Beverages Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Versatile Polytech Private Limited has 10 court cases on record: 2 filed by Versatile Polytech, 8 filed against it. 1 case is pending and 9 are disposed.
Total cases
10
Filed by the company
2
Filed against the company
8
Pending
1
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 7 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JAMMUKASHMIR | Writ petition | Filed by the company against Union of India Th Secretary Deptt of Revenue Ministry of Finance and Others | Pending |
| District court, Bhilwara, Rajasthan | Court case (Complaint) | Filed against the company by State | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by PR. Commissioner of Income Tax (Central)-2 | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central II, Delhi | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central II | Disposed |
To see the full case history of Versatile Polytech 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 Versatile Polytech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Versatile Polytech Private Limited has a workforce of 36 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
36
Active EPFO establishments
2
Employee growth
-14.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 36 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Versatile Polytech Private Limited, buy the company report.
GST
Versatile Polytech has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 01AACCV1244Q1ZC | Jammu and Kashmir | Active | 08 Jul 2017 |
To see the full GST registrations and return filing status of Versatile Polytech Private Limited, buy the company report.
Recent activity
Versatile Polytech Private Limited has 10 board changes on record since 2004: 8 appointments and 2 cessations. The latest: Wasif Mohd Khan ceased to be Director on 25 Sep 2024.
AGM
Versatile Polytech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Versatile Polytech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 101035598 was registered on 02 Dec 2024.
Ceased
Wasif Mohd Khan ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.43 Cr with Charge ID 100699799 was registered on 18 Mar 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.40 Cr with Charge ID 100707387 was registered on 18 Jan 2023.
Charges
A charge with Axis Bank Limited of Rs. 15.00 Cr registered on 13 Dec 2021 with Charge ID 100519566 was modified on 21 Jul 2022.
Charges
A charge registered on 17 Feb 2017 via Charge ID 100098724 with Yes Bank Limited was fully satisfied on 29 Mar 2022.
Charges
A charge registered on 17 Feb 2017 via Charge ID 100098727 with Yes Bank Limited was fully satisfied on 29 Mar 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100519566 was registered on 13 Dec 2021.
Appointed
Herminder Singh Oberoi was appointed as Director.
Charges
A charge with Yes Bank Limited of Rs. 7.00 Cr registered on 17 Feb 2017 with Charge ID 100098724 was modified on 24 Aug 2017.
23 earlier events are in the company report.
Frequently asked questions
Versatile Polytech is an active private limited company based in New Delhi, Delhi, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 19 January 2004 (22+ years old) and is registered under CIN U25209DL2004PTC124164.
Versatile Polytech has 6 current directors:
- Herminder Singh Oberoi - Director
- Naval Singh Sobti - Director
- Vinod Jamwal - Director
- Varinder Pal Singh Kandhari - Director
- Sanjeev Agrawal - Director
- Mukesh Kumar Agarwal - Director
The latest financial statements of Versatile Polytech 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 Versatile Polytech is 01AACCV1244Q1ZC, registered in Jammu and Kashmir. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Versatile Polytech is U25209DL2004PTC124164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Versatile Polytech has 10 court cases on record: 2 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Versatile Polytech was incorporated on 19 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Versatile Polytech has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5 Cr; the latest was in March 2021.
The peers of Versatile Polytech by revenue are Nawkiran Polyplast Private Limited, Praveen Polymers Private Limited, Gaurav Containers Limited, all in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Wasif Mohd Khan ceased to be Director on 25 Sep 2024. Herminder Singh Oberoi was appointed as Director on 02 Jul 2018. Jaspal Singh Kandhari ceased to be Director on 28 Feb 2017. Versatile Polytech has 10 board changes on record in total.
Yes, Versatile Polytech is registered as a medium enterprise under Udyam registration (number: UDYAM-JK-07-0001865).
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