- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-28-0005938

About Mystical Techplast Private Limited
Data last updated:
Mystical Techplast Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 21 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24130MH2000PTC123774. Its GSTIN is 27AAACO4585B1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ocean Tech-Plast Private Limited. It is led by directors Ashwini Prashant Joshi and Aditya Prashant Joshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.36 Lakh, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹38.32 Lakh (net margin 53.7%) and EBITDA of ₹62.79 Lakh (EBITDA margin 88%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 39% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 2 cases are pending.
Mystical Techplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-28-0005938). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mysticalgroup.in.
Company details
Recognitions & Rankings of Mystical Techplast
Contact details
Mystical Techplast Private Limited's registered office is in Mumbai, Maharashtra. Its website is mysticalgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCedar Tower No 04/3504, M G Link Road, Mumbai, Maharashtra, India – 400078
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Mystical Techplast 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
Financials of Mystical Techplast Private Limited
FY 2025 filings availableMystical Techplast Private Limited reported revenue of ₹71.36 Lakh (up 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 67% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. EBITDA rose 110% 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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| Total Expenses | |||||
| EBITDA | ₹62.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.32 Lakh | ||||
| 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 | 88% | ||||
| Net Profit Margin | 53.7% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mystical Techplast Private Limited, buy the company report.
Board of directors of Mystical Techplast Private Limited
Mystical Techplast has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwini Prashant Joshi Also directs: Texcorp Apparels Private Limited, Mystical Paper Pack Private Limited, Mystical Propack Private Limited and 5 more | Director | 21 Jan 2000 | 26 Years 9 Months | Current |
| Aditya Prashant Joshi Also directs: Texcorp Apparels Private Limited, Mystical Propack Private Limited, Mystical Technoplast Private Limited and 5 more | Additional Director | 01 Oct 2025 | 1 Years 1 Months | Current |
Peer comparison
Mystical Techplast Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Industrial Chemicals, Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Dexo Fine Chem Private Limited | ₹71.37 Lakh (FY 2025) | -2.0% | Ankleshwar, Gujarat, India | |||
| Mystical Techplast Private Limitedthis company | ₹71.36 Lakh (FY 2025) | ₹38.32 Lakh | 53.7% | 67.0% | 22 | Mumbai, Maharashtra, India |
| Kosmos Co-Extrusions Private Limited | ₹71.34 Lakh (FY 2025) | -36.0% | Daman and Diu, India | |||
| Rigel Poly Products Private Limited | ₹71.24 Lakh (FY 2025) | 1903.0% | Village Mundka, Delhi, India | |||
| Moradia Brothers Chem Private Limited | ₹71.2 Lakh (FY 2025) | 398.0% | Surat, Gujarat, India |
To see the full peer comparison of Mystical Techplast Private Limited, buy the company report.
Auditor
Mystical Techplast Private Limited is audited by KIRAN A DEODHAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRAN A DEODHAR & ASSOCIATES | FY 2023 | 113471W |
Shareholding
The shareholding of Mystical Techplast 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 Mystical Techplast Private Limited, buy the company report.
Legal cases
Mystical Techplast Private Limited has 8 court cases on record: 6 filed by Mystical Techplast, 2 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 2 |
| Supreme Court | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Appeal | Filed against the company by Maharashtra State Road Development Corporation Limited Cyril Amarchand Mangaldas | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Maharashtra State Road Development Corporation Limited | Pending |
| Supreme Court | Interim or miscellaneous application | Filed by the company against The Maharashtra State Road Development Corporation Ltd. | Disposed |
| Supreme Court | Court case (4202-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by public sector undertaking) | Filed by the company against The Maharashtra State Road Development Corporation Ltd. Through Its Managing Director Having Its Office at Nepean Sea Road, Priyadarshini Park ,Mumbai , Maharashtra | Disposed |
| High Court, MAHARASHTRA | Court case (AO) | Filed by the company against The Maharashtra State Road, Development Corporation Limited THR. Its Managing Director | Disposed |
To see the full case history of Mystical Techplast 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
Mystical Techplast Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 26 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Alok Master Batches Private Limited | |||
| Arabian Petroleum Limited | |||
| Popular Rubber Products | |||
| Crown Packaging |
To see the full MSME payment records of Mystical Techplast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mystical Techplast Private Limited has a workforce of 22 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
GST
Mystical Techplast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACO4585B1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mystical Techplast Private Limited, buy the company report.
Recent activity
Mystical Techplast Private Limited has 10 board changes on record since 2000: 6 appointments and 4 cessations. The latest: Aditya Prashant Joshi was appointed as Additional Director on 01 Oct 2025.
1 earlier event is in the company report.
Frequently asked questions
Mystical Techplast is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 21 January 2000 (26+ years old) and is registered under CIN U24130MH2000PTC123774.
Mystical Techplast has 2 current directors:
- Ashwini Prashant Joshi - Director
- Aditya Prashant Joshi - Additional Director
The latest financial statements of Mystical Techplast 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 Mystical Techplast is 27AAACO4585B1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mystical Techplast is U24130MH2000PTC123774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mystical Techplast has 8 court cases on record: 6 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Mystical Techplast was incorporated on 21 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mystical Techplast by revenue are Dexo Fine Chem Private Limited, Kosmos Co-Extrusions Private Limited, Rigel Poly Products Private Limited, Moradia Brothers Chem Private Limited, all in the Manufacturing industry (Industrial Chemicals, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Aditya Prashant Joshi was appointed as Additional Director on 01 Oct 2025. Prashant Nishikant Joshi ceased to be Director on 01 Oct 2025. Shashank Purushottam Paranjape ceased to be Director on 15 Mar 2025. Mystical Techplast has 10 board changes on record in total.
Yes, Mystical Techplast is registered as a small enterprise under Udyam registration (number: UDYAM-MH-28-0005938).
Mystical Techplast has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 26 overdue payments to 8 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Mystical Techplast can be reached through the website mysticalgroup.in. Its registered office is in Mumbai, Maharashtra, India.

