Company Intelligence Profile
Shrayati Ecovation Limited
Shrayati Ecovation Limited is a home-and-kitchen essentials retailer/manufacturer specializing in eco-friendly, thoughtfully designed disposables — tissue products, paper plates, bowls, paper cutlery, paper straws, and bamboo toothbrushes.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Shrayati Ecovation Limited |
|---|---|
| CIN | U21000GJ2020PLC115395 |
| PAN | ABECS1447B — source: Tofler only — partial |
| Status | Active |
| Listing | Unlisted Public Limited Company |
| Incorporated | 08 August 2020 |
| ROC | Registrar of Companies, Gujarat (seated at Ahmedabad) — agreed: TheCompanyCheck ("RoC Ahmedabad"), Tofler ("RoC Gujarat") |
| Sector (NIC) | Conflicting classification across sources: Tofler tags it "Manufacturing of Paper Products" (Paper & Paper Products; Publishing/printing and reproduction of recorded media NIC group) |
| Registered address | Plot No. 5, Mahavir Industrial Area, Taluka Kotda Sangani, District Rajkot, Shapar, Gujarat, India – 360024 |
| Authorized capital | ₹50 lakh |
| Paid-up capital | ₹48 lakh |
Business Overview
Confirmed- Shrayati Ecovation Limited is a home-and-kitchen essentials retailer/manufacturer specializing in eco-friendly, thoughtfully designed disposables — tissue products, paper plates, bowls, paper cutlery, paper straws, and bamboo toothbrushes
- Positioning line on the site: "Every Home Deserves Comfort, Functionality, and A Touch of Style." Registered/operating address matches the Rajkot, Gujarat manufacturing location on record with the RoC
- This is consistent with Tofler's "paper products manufacturing" sector tag; it is a small, owner-operated manufacturer, not the FMCG cleaning-products profile TheCompanyCheck's auto-classifier suggested
Directors
ConfirmedConfirmed by 2 sources (names + appointment date agree between TheCompanyCheck and Tofler); DINs sourced from Tofler only (single-source, partial):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ashvinbhai Kanjibhai Bhaliya | 08684030 | Director & Shareholder | 08 Aug 2020 |
| Vishalbhai Pravinbhai Gadhiya | 08826660 | Director & Shareholder | 08 Aug 2020 |
| Hardik Ashvinbhai Bhaliya | 08328776 | Director & Shareholder | 08 Aug 2020 |
Financials
Partial / conflictingPartial / mixed-vintage data, standalone (private unlisted company — no consolidation applicable):
- FY2023: Revenue ₹6.11 crore (reported as +552.91% YoY growth off a very small prior-year base). EBITDA and Net Profit shown as "locked" (premium-gated), not obtained.
- FY2024, as of 31 Mar 2024: Operating revenue banded "₹1–10 crore"; EBITDA +34.08% YoY; Net Profit +203.43% YoY; Net worth +74.08% YoY; Borrowings +6.86% YoY; Total assets +23.41% YoY.
- TheCompanyCheck also notes financials filed through 31 Mar 2025, but underlying figures were not accessible on the fetched page.
No absolute EBITDA, PAT, or net-worth rupee figures could be confirmed from either source — flagged as a data gap.
Charges / Loans
Partial / conflicting| Lender | Axis Bank Limited, charges created/registered 20 Feb 2023 |
|---|---|
| Tofler | 2 loans totaling ₹1.0 crore (₹0.8 crore + ₹0.2 crore) |
| TheCompanyCheck | Open charges ₹1.02 crore (split as ₹83 lakh + ₹19 lakh, both "Open") plus separately noted "Satisfied charges" of ₹86 lakh |
The two sources broadly agree on lender, date, and a ~₹1–1.02 crore facility size, but the exact split and open-vs-satisfied status differ — treat exact figures as unconfirmed pending an MCA charge-index cross-check.
Legal / Litigation
Confirmed- Checked Indian Kanoon for "Shrayati Ecovation" and for each of the three named directors (Ashvinbhai Kanjibhai Bhaliya, Vishalbhai Pravinbhai Gadhiya, Hardik Ashvinbhai Bhaliya) — no matching cases, judgments, or tribunal orders were found
- Treated as a confirmed absence of litigation on record as of this search, not proof no filings exist elsewhere
Competitors
Partial / conflictingNamed peers in the Indian eco-friendly/paper-based disposable tableware & packaging space (not individually verified against Shrayati; scale is a rough directional tag only since Shrayati itself is a small ~₹6 crore-revenue single-unit manufacturer):
- Yash Pakka Limited (brand "Chuk") — listed company, large scale (hundreds of crores in revenue), sugarcane-bagasse tableware/packaging.
- Ecoware Solutions Pvt Ltd — VC-funded, mid-scale, eco-friendly disposable tableware brand.
- Papertree India — small-to-mid scale, paper/areca-leaf disposables manufacturer.
- Greenwrap Sustainable Ventures — small-scale, funded, compostable packaging.
- Chuk-style bagasseware manufacturers / regional paper-plate units in Gujarat and Maharashtra industrial clusters — small scale, largely unbranded/local, similar size band to Shrayati.
Shrayati sits at the small end of this set by revenue and is not a listed or venture-funded player.
Frequently Asked Questions
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