Reets Plastics Private Limited
About Reets Plastics Private Limited
Data last updated:
Reets Plastics Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the plastic-based products segment of the manufacturing sector. It was incorporated on 13 February 2002.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U25209DL2002PTC114201. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹75 Lakh and a paid-up capital of ₹36.25 Lakh. It was led by directors Vikram Kumar and Shripad Sadanand Desai.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Ug – 37 Somdatt Chamber Bhikaji Cama Palace, New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.51 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹37,556 (net margin 5.8%) and EBITDA of ₹38,775 (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 178% over three years.
Company details
Contact details
Reets Plastics Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUg – 37 Somdatt Chamber Bhikaji Cama Palace, New Delhi, Delhi, India – 110066
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Reets 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
Financials of Reets Plastics Private Limited
FY 2018 filings availableReets Plastics Private Limited reported revenue of ₹6.51 Lakh (up 1089% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 178% over three years. EBITDA fell 9% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹38,775 | |||
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| Tax Expense | ||||
| Net Profit (PAT) | ₹37,556 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 6% | |||
| Net Profit Margin | 5.8% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Reets Plastics Private Limited, buy the company report.
Board of directors of Reets Plastics Private Limited
Reets Plastics has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Kumar | Additional Director | 01 Jul 2019 | 7 Years 4 Months | As last reported |
| Shripad Sadanand Desai Also directs: Fairwealth Securities Limited | Additional Director | 08 Jul 2019 | 7 Years 3 Months | As last reported |
Peer comparison
Reets Plastics Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikas Sales Private Limited | ₹6.73 Lakh (FY 2025) | -17.0% | Delhi, India | |||
| Kandhari and Kandhari Pvt.Ltd. | ₹6.69 Lakh (FY 2025) | -20.0% | Rajasthan, India | |||
| Shreepad Plastic Private Limited | ₹6.6 Lakh (FY 2018) | -10.0% | Surat, Gujarat, India | |||
| Surya PVC Products Private Limited | ₹6.57 Lakh (FY 2025) | 3.0% | Punjab, India | |||
| Gautam Recycling Resources Private Limited | ₹6.54 Lakh (FY 2022) | -28.0% | Pardi, Gujarat, India | |||
| Reets Plastics Private Limitedthis company | ₹6.51 Lakh (FY 2018) | ₹37,556 | 5.8% | 1089.0% | New Delhi, Delhi, India | |
| Kailasganga Polymers Private Limited | ₹6.5 Lakh (FY 2017) | -91.0% | Pune, Maharashtra, India | |||
| Aman Packagings Private Limited | ₹6.4 Lakh (FY 2024) | -96.0% | Madhya Pradesh, India | |||
| Plasto Packs International Pvt Ltd | ₹6.4 Lakh (FY 2025) | -24.0% | Udaipur, Rajasthan, India | |||
| Klowin Business (India) Limited | ₹6.38 Lakh (FY 2024) | 71.0% | Raipur, Chhattisgarh, India | |||
| Ashay Marketing Pvt Ltd | ₹6.22 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Reets Plastics Private Limited, buy the company report.
Auditor
Reets Plastics Private Limited is audited by RELAN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RELAN & ASSOCIATES | FY 2017 | 023176N |
Shareholding
The shareholding of Reets Plastics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Reets Plastics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Reets Plastics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reets Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Reets Plastics has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Reets Plastics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reets Plastics Private Limited, buy the company report.
Recent activity
Reets Plastics Private Limited has 17 board changes on record since 2004: 2 appointments and 15 cessations. The latest: Shripad Sadanand Desai was appointed as Additional Director on 08 Jul 2019.
8 earlier events are in the company report.
Frequently asked questions
Reets Plastics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Reets Plastics was a private limited company based in New Delhi, Delhi, India. The company worked in plastic-based products, within the manufacturing industry. It was incorporated on 13 February 2002 and is registered under CIN U25209DL2002PTC114201. The company has been struck off by the Registrar of Companies and is no longer operational.
Reets Plastics had 2 directors:
- Vikram Kumar - Additional Director
- Shripad Sadanand Desai - Additional Director
The CIN (Corporate Identification Number) of Reets Plastics is U25209DL2002PTC114201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Reets Plastics is at Ug – 37 Somdatt Chamber Bhikaji Cama Palace, New Delhi, Delhi, India – 110066.
Reets Plastics was incorporated on 13 February 2002. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Reets Plastics on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Reets Plastics has 1 GST registration on record and it is cancelled or inactive.
Reets Plastics operated in the manufacturing industry, in the plastic-based products segment. It worked in this industry before it was struck off.
The peers of Reets Plastics by revenue are Vikas Sales Private Limited, Kandhari and Kandhari Pvt.Ltd, Shreepad Plastic Private Limited, Surya PVC Products Private Limited, Gautam Recycling Resources Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products).
Shripad Sadanand Desai was appointed as Additional Director on 08 Jul 2019. Versha Gaba ceased to be Director on 08 Jul 2019. Charanjeet Gaba ceased to be Director on 01 Jul 2019. Reets Plastics has 17 board changes on record in total.
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