About Axia Plastics Private Limited
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Axia Plastics Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Axia Plastics Europe Llc. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 12 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2012FTC227968. Its GSTIN is 27AAGCP4847F1Z8 (Maharashtra). The company holds 14 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹10 Lakh. It was formerly known as Premier Polymers India Private Limited and Plastichem India Private Limited. It is led by directors including Ranjit Purshotamdas Isher and Himanshu Kantilal Sanghavi.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹641.71 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹9.9 Cr (net margin 1.5%) and EBITDA of ₹18.26 Cr (EBITDA margin 2.8%).
Court records list 8 cases involving the company, including 8 filed by the company and 1 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vinmar.com.
Company details
Name history
Axia Plastics has undergone 11 name changes throughout its history. The current legal name is Axia Plastics Private Limited.
| Company Name | Status |
|---|---|
| Axia Plastics Private Limited | Current |
| Premier Polymers India Private Limited | Previous |
| Plastichem India Private Limited | Previous |
| Vinstar Petrochem Private Limited | Previous |
| Premier Plastichem India Private Limited | Previous |
| Vinstic Petrochem Private Limited | Previous |
| Vinstar Polymers Private Limited | Previous |
| Montrose Plastics Private Limited | Previous |
| Premier Petrochemicals India Private Limited | Previous |
| Grsc Trade Services Private Limited | Previous |
| Orbis Plastics Private Limited | Previous |
| Premier Plastics India Private Limited | Previous |
Contact details
Axia Plastics Private Limited's registered office is in Mumbai, Maharashtra. Its website is vinmar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address107 Ackruti Star Central Road, Marol Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Axia Plastics Private Limited, buy the company report.
- 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
Business activity
The main business activity of Axia Plastics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Axia Plastics Private Limited, buy the company report.
Financials of Axia Plastics Private Limited
FY 2025 filings availableAxia Plastics Private Limited reported revenue of ₹641.71 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% 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 |
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| EBITDA | ₹18.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.9 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Axia Plastics Private Limited, buy the company report.
Board of directors of Axia Plastics Private Limited
Axia Plastics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjit Purshotamdas Isher | Director | 28 Aug 2013 | 13 Years 2 Months | Current |
| Himanshu Kantilal Sanghavi Also directs: Riverdale Properties and Resorts LLP, Vinmar India Private Limited, Vinmar Business Services Private Limited and 5 more | Director | 28 Aug 2013 | 13 Years 2 Months | Current |
| Manan Rashmin Sanghavi | Director | 12 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Axia Plastics Private Limited is compared with the 9 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sojitz India Private Limited | ₹677.84 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Shakambari Enterprises (India) Private Limited | ₹674.8 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| The Chemours India Private Limited | ₹672.94 Cr (FY 2025) | -25.0% | New Delhi, Delhi, India | |||
| Abc Chemical Exports Private Limited | ₹672.5 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Fragrance and Aroma (Eastland) Private Limited | ₹645.16 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| Axia Plastics Private Limitedthis company | ₹641.71 Cr (FY 2025) | ₹9.9 Cr | 1.5% | 18.0% | Mumbai, Maharashtra, India | |
| United Futuristic Trade Impex Private Limited | ₹636.78 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Vinyl Chemicals (India) Limited | ₹630.26 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Ceyenar Chemicals Pvt Ltd | ₹628.24 Cr (FY 2025) | 7.0% | Kottayam, Kerala, India | |||
| Basil Commodities Private Limited | ₹620.6 Cr (FY 2025) | -50.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Axia Plastics Private Limited, buy the company report.
Auditor
Axia Plastics Private Limited is audited by V. Parekh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Parekh & Associates | FY 2023 | 107488W |
Shareholding
The shareholding of Axia Plastics 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Axia Plastics Private Limited, buy the company report.
Legal cases
Axia Plastics Private Limited has 8 court cases on record: 8 filed by Axia Plastics, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 8 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against R K Metal and Plastic Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Uniteed Polypacks Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Yash Plastomet Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Axia Plastics Private Limited Through Their Authorized Representative Sarika Suresh Gaokar | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Attharv Sai Flexipack Private Limited | Pending |
To see the full case history of Axia Plastics 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 Axia Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axia Plastics has 14 GST registrations: 13 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP4847F1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 27AAGCP4847F2Z7 | Maharashtra | Active | 12 Jul 2022 |
| 24AAGCP4847F1ZE | Gujarat | Active | 22 Jul 2019 |
| 36AAGCP4847F1Z9 | Telangana | Active | 22 Jul 2019 |
To see the full GST registrations and return filing status of Axia Plastics Private Limited, buy the company report.
Recent activity
Axia Plastics Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Manan Rashmin Sanghavi ceased to be Additional Director on 30 Sep 2020.
Frequently asked questions
Axia Plastics is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 12 March 2012 (14+ years old) and is registered under CIN U24233MH2012FTC227968.
Axia Plastics has 3 current directors:
- Ranjit Purshotamdas Isher - Director
- Himanshu Kantilal Sanghavi - Director
- Manan Rashmin Sanghavi - Director
The latest financial statements of Axia Plastics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Axia Plastics is 27AAGCP4847F1Z8, registered in Maharashtra. The company has 14 GST registrations in all, of which 13 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAGCP4847F2Z7 (Maharashtra), 24AAGCP4847F1ZE (Gujarat), 36AAGCP4847F1Z9 (Telangana).
The CIN (Corporate Identification Number) of Axia Plastics is U24233MH2012FTC227968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axia Plastics has 8 court cases on record: 8 filed by the company and 1 filed against it. 8 are pending.
Axia Plastics was incorporated on 12 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Axia Plastics by revenue are Sojitz India Private Limited, Shakambari Enterprises (India) Private Limited, The Chemours India Private Limited, Abc Chemical Exports Private Limited, Fragrance and Aroma (Eastland) Private Limited and 4 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Manan Rashmin Sanghavi ceased to be Additional Director on 30 Sep 2020. Manan Rashmin Sanghavi was appointed as Director on 12 Mar 2020. Surendra Kumar Lavti ceased to be Director on 31 Dec 2019. Axia Plastics has 8 board changes on record in total.
Axia Plastics can be reached through the website vinmar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Axia Plastics is at 107 Ackruti Star Central Road, Marol Andheri E, Mumbai, Maharashtra, India – 400093.