What does Pashupati Polytex Private Limited do?

Pashupati Polytex is a recycled polyester and synthetic textiles company based in Kashipur, Uttarakhand. The company manufactures recycled polyester products (likely recycled polyester staple fiber — RPSF) from post-consumer PET waste, serving the textile and synthetic fiber industry.

Where is Pashupati Polytex located?

The company is headquartered and operates in Kashipur, Uttarakhand — part of the Integrated Industrial Estate Kashipur, a prominent industrial cluster in northern India with access to raw materials and textile markets.

What is recycled polyester and why is it important?

Recycled polyester (rPET) is produced by processing post-consumer PET plastic waste (mainly PET bottles) into polyester fibers and yarns. It is increasingly demanded by global apparel and textile brands (H&M, Zara, Nike, etc.) as a sustainable alternative to virgin polyester, reducing plastic waste and carbon footprint.

Is Pashupati Polytex listed on any stock exchange?

No. Pashupati Polytex is a private limited company (CIN U37100UP2009PTC105373) incorporated in 2008/2009 and is not listed on any Indian stock exchange. Its shares are available only in the unlisted OTC market.

How do I buy Pashupati Polytex unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Pashupati Polytex?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Pashupati Polytex shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Pashupati Polytex Unlisted Share Price | Buy Pashupati Polytex Pre-IPO Shares — wisefolio

Investment Thesis

Pashupati Polytex Private Limited is a small-scale recycled polyester and synthetic textiles manufacturer in Kashipur, Uttarakhand, operating in a sector with strong sustainability-driven demand tailwinds. While the recycled polyester market is growing, the company faces intense competition in a fragmented industry and has limited public transparency. Its value lies in its operational presence in a future-oriented sustainability segment, but scale and differentiation remain key challenges.

Pros

Recycled polyester (rPET) is a rapidly growing segment globally — driven by brand commitments to increase recycled content in packaging and textiles to meet ESG and sustainability targets
Located in Kashipur, Uttarakhand — a major industrial hub (Integrated Industrial Estate Kashipur) with good road connectivity, infrastructure, and proximity to North Indian textile markets
India's recycled polyester industry benefits from abundant PET bottle waste (post-consumer recycled PET) as raw material, reducing input cost volatility vs. virgin polyester
Growing domestic and export demand for recycled polyester staple fiber (RPSF) and yarn from textile manufacturers committed to sustainability goals
Private limited structure allows flexible operations without public market compliance burden

Cons

Highly fragmented recycled polyester industry in India — hundreds of small and mid-size RPSF manufacturers compete on price with limited differentiation
Raw material (PET bottles and waste plastics) collection and quality consistency is a persistent challenge, affecting output quality
No ISIN; extremely limited trading liquidity as a private limited company in the OTC unlisted market
Margin sensitivity to crude oil prices — virgin polyester prices fluctuate with oil, impacting recycled polyester pricing and demand indirectly
No publicly available financial disclosures; investors have limited transparency into operations and profitability

Business Segments

Recycled Polyester Staple Fiber (RPSF)

Manufacturing recycled polyester staple fiber from PET bottle flakes and PET waste for use in spinning, non-wovens, and filling applications in the textile industry

Synthetic Textiles / Yarn

Production of synthetic polyester-based textiles, yarn, or related products for the North Indian textile market

Revenue Model

Pashupati Polytex generates revenue by procuring post-consumer PET waste and bottles, processing them into recycled polyester staple fiber (RPSF) or yarn, and selling to textile spinners, non-woven manufacturers, and synthetic fabric producers. Revenue is volume-driven with margins dependent on the spread between PET waste procurement costs and RPSF selling prices. Demand is driven by textile industry production cycles and global ESG-driven demand for recycled fiber content.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds11

Growth Plans

Global apparel brands' commitment to 100% recycled polyester content by 2025-2030 driving demand for certified RPSF

India's Extended Producer Responsibility (EPR) framework for PET plastics creating formalized recycling incentives

Growing North Indian textile industry demand for recycled fiber as sustainability regulations tighten

Government promotion of recycling under Swachh Bharat and plastic waste management policies

Recent Developments

Continued operations in recycled polyester segment

No material public announcements found. Pashupati Polytex continues to operate as a recycled polyester and synthetic textiles manufacturer in Kashipur, Uttarakhand, serving North Indian textile sector customers.

2024-01

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Frequently Asked Questions

About Pashupati Polytex

Pashupati Polytex Private Limited is a rapidly growing manufacturer in India's recycled polyester and synthetic textile space. Incorporated on 22 June 2009, the company has established itself as a significant producer of woven fabrics and bags, recycled polyester staple fibre (RPSF), synthetic yarns, master batches, and polyester chips. Headquartered in Kashipur, Uttarakhand, the company benefits from proximity to synthetic fibre manufacturing clusters in the region. The Goenka family, including directors Vishnu Prakash Goenka, Bankey Bihari Goenka, Piyush Kumar Goenka, Pallavi Goenka and Manisha Goenka, drives the business strategy and operations. Pashupati Polytex has delivered impressive revenue growth, with FY2024 revenues of approximately ₹487 Crore representing a 51% year-on-year surge. This growth trajectory reflects the company's aggressive capacity expansion and strong end-market demand for recycled polyester products. Despite revenue growth, EBITDA declined 17.96% in FY2024, suggesting margin pressure likely from raw material cost inflation and capacity ramp-up costs. The company's authorized share capital stands at ₹64.35 Crore with paid-up capital of ₹50.28 Crore, indicating a well-capitalized balance sheet relative to its revenue scale. Book networth grew 9.52% in FY2024, reflecting retained earnings generation even in a margin-compressed year. Pashupati Polytex serves multiple end-markets. Its woven bags and fabrics go to agriculture, packaging, and industrial customers. Recycled polyester staple fibre is supplied to textile spinners. Synthetic yarns serve garment manufacturers. The company operates as a responsible player in the circular economy, converting waste PET bottles and plastics into useful textile raw materials. With 86 employees as of May 2025, the company punches above its headcount with high revenue-per-employee productivity. The company received a credit rating from Infomerics Ratings, a SEBI-registered credit rating agency, indicating formal assessment of its creditworthiness — a positive governance signal for a private limited company. The company's registered address at Gorakhpur, Uttar Pradesh differs from its operational base in Kashipur, Uttarakhand, suggesting the company may have administrative and manufacturing locations across multiple states.

Key Milestones

Common questions about unlisted shares

How do I buy Pashupati Polytex unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

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