Vasani Polymers Private Limited - Due diligence report

A 360° intelligence report on Vasani Polymers: trust score, financial health, credit view, compliance, directors, growth and distress signal…

2010-10-09 Talod, Gujarat Active Unlisted Active Compliant
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VP Vasani Polymers Private Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Vasani Polymers — 360° Intelligence Report

Generated from MCA filings & public records
87/100
Trust Score
Low Risk

Vasani Polymers is assessed as Low Risk with a Trust Score of 87/100. Vasani Polymers is an active private limited indian non-government company incorporated in 2010, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 08 Aug 2026 from the latest processed filings. Vasani Polymers Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
87/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
75/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 75/100 Low Risk
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (BB-).

Charges position: 3 open (72.21 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Sidbi1 48.0 cr
Compliance Score: 86/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
  • 2 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
MAHESHKUMAR KESHAVLAL PATEL 01234567 Director 01/04/2018 6 yrs Approved
PRAVINKUMAR KESHAVLAL PATEL 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2025 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
10 allotment(s) · 4 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Key managerial personnel: MAHESHKUMAR KESHAVLAL PATEL (Managing Director) · PRAVINKUMAR KESHAVLAL PATEL (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 75
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 15+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
3 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence83/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment81/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 72.21 cr already registered.
  • Compliance record supports lending.
Investor view82/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
30 Apr 2025
Director ceased
PRAVINKUMAR KESHAVLAL PATEL
29 Apr 2025
Director ceased
MAHESHKUMAR KESHAVLAL PATEL
31 Mar 2025
Latest balance sheet
Filed with ROC
24 Mar 2025
Charge created
Sidbi - 4.99 cr
30 Nov 2021
Securities allotted
210000 Equity Shares - 50.40 Lakh raised
31 Mar 2021
Share transfer (FY 2021)
294509.00000000 shares to Niruben M. Patel
Share transfer (FY 2021)
5600.00000000 shares to Vinubhai S. Patel
12 Jan 2019
Securities allotted
494068 Equity Shares - 98.81 Lakh raised
05 Nov 2018
Securities allotted
505932 Equity Shares - 1.01 cr raised
17 Oct 2017
Securities allotted
319000 Equity Shares - 51.04 Lakh raised
31 Mar 2016
Share transfer (FY 2016)
10.00000000 shares to KESHAVLAL MAHESHKUMAR
15 Feb 2016
Securities allotted
750000.00 Equity Shares - 75.00 Lakh raised
28 Apr 2015
Securities allotted
651000.00 Equity Shares - 65.10 Lakh raised
10 Mar 2015
Securities allotted
1525204.00 Equity Shares - 1.53 cr raised
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of BB- from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 10 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Mahika Packaging (India) Limited U74950MH2005PLC158451 Mumbai, Maharashtra, India
Sundaram Packaging India Private Limited U24134MP2007PTC019915 Indore, Madhya Pradesh, India
Raj Cooling Systems Private Limited U31904GJ2017PTC097755 Rajkot, Gujarat, India
Ahuja Continental U55101DL1990PTC041267 New Delhi, Delhi, India
Karni Packaging Private Limited U25202TG2006PTC049446 Hyderabad, Telangana, India
Jindal Advance Materials Private Limited U28999HR2017PTC069395 Gurgaon, Haryana, India
E-Mox Manufacturing U22209GJ2014PTC154779 Ahmadabad City, Gujarat, India
Bwf Tec India Private Limited U51109PN2008PTC135120 Pune, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Vasani Polymers before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Vasani Polymers: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 75/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Vasani Polymers - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 87/100, distress signals and MSME payment-delay disclosures - know whether Vasani Polymers pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Vasani Polymers - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Vasani Polymers an active company?

Vasani Polymers has MCA status “Active” with a compliance score of 86/100 (Low Risk).

Is Vasani Polymers financially healthy?

Vasani Polymers has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.

Should I do business with Vasani Polymers?

Its overall Trust Score is 87/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Vasani Polymers?

Promoters hold a majority stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Vasani Polymers have loans or charges against its assets?

3 open charge(s) are registered against its assets.

Is Vasani Polymers up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).

Is it risky to lend to Vasani Polymers?

Its Credit Risk Score is 75/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.