Riajay Bioplast Private Limited

Riajay Bioplast Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U25209MH2018PTC313555 Incorporated 05 September 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing DPIIT Startup MSME · Micro
Revenue · FY 2024
₹3.56 Cr
▲ 117% YoY
Net profit · FY 2024
₹10.48 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹17.59 Lakh
EBITDA margin 4.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Riajay Bioplast Private Limited

Data last updated:

Riajay Bioplast Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 05 September 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2018PTC313555. Its GSTIN is 27AAJCR1155R1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ria Hitesh Sanghavi and Hetika Hitesh Sanghavi.

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 525 Avior Nirmal Galaxy Near Deep Mandir L B S Road Mulund West, Mumbai, Maharashtra, India – 400080.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.56 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹10.48 Lakh (net margin 2.9%) and EBITDA of ₹17.59 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 355% over three years.

Riajay Bioplast Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0005315). For more details, the company can be reached via its website riajaybioplast.in.

Company details

CIN U25209MH2018PTC313555
Registration Number 313555
Incorporation Date 05 September 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-24-0005315
Key People
Ria Hitesh Sanghavi Director Hetika Hitesh Sanghavi Director

Recognitions & Rankings of Riajay Bioplast

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-24-0005315

Contact details

Riajay Bioplast Private Limited's registered office is in Mumbai, Maharashtra. Its website is riajaybioplast.in. Its e-mail address is in the company report.

  • Email
  • Website
    riajaybioplast.in
  • Registered Address
    525 Avior Nirmal Galaxy Near Deep Mandir L B S Road Mulund West, Mumbai, Maharashtra, India – 400080
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Riajay Bioplast Private Limited, buy the company report.

Comprehensive company report
Riajay Bioplast Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Riajay Bioplast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Riajay Bioplast Private Limited, buy the company report.

Financials of Riajay Bioplast Private Limited

FY 2025 filings available

Riajay Bioplast Private Limited reported revenue of ₹3.56 Cr (up 117% YoY) for FY 2024.

Revenue · FY 2024
₹3.56 Cr ▲ 117%
Net profit · FY 2024
₹10.48 Lakh margin 2.9%
EBITDA · FY 2024
₹17.59 Lakh margin 4.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 117%
3 years · compounded
▲ 355%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 66%
5 years · compounded
▲ 122%

Revenue has grown at a compounded annual rate (CAGR) of 355% over three years, including 117% growth in the latest year. EBITDA fell 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹17.59 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.48 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.9%
Net Profit Margin2.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Riajay Bioplast Private Limited, buy the company report.

Board of directors of Riajay Bioplast Private Limited

Riajay Bioplast has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ria Hitesh SanghaviDirector05 Sep 20188 Years 2 MonthsCurrent
Hetika Hitesh Sanghavi
Also directs: Advance Biomaterial Company Private Limited
Director13 Jan 20251 Years 10 MonthsCurrent
View all directors

Peer comparison

Riajay Bioplast Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Udhayasri Plastics Private Limited₹3.59 Cr (FY 2025)11.0%Chennai, Tamil Nadu, India
Manak Polymers Private Limited₹3.58 Cr (FY 2024)207.0%Rangia, Assam, India
Image India Aluplast Private Limited₹3.56 Cr (FY 2025)-11.0%Vapi, Gujarat, India
Riajay Bioplast Private Limitedthis company₹3.56 Cr (FY 2024)₹10.48 Lakh2.9%117.0%Mumbai, Maharashtra, India
Flowin Pipe Private Limited₹3.56 Cr (FY 2025)4.0%Shapar Veraval, Gujarat, India
Satluz Engineering Private Limited₹3.55 Cr (FY 2025)7.0%Kanpur, Uttar Pradesh, India
Ekdant Industries Private Limited₹3.54 Cr (FY 2024)3.0%Ahmedabad, Gujarat, India
Hexatech Plastics Private Limited₹3.52 Cr (FY 2024)21.0%Bangalore, Karnataka, India

To see the full peer comparison of Riajay Bioplast Private Limited, buy the company report.

Auditor

Riajay Bioplast Private Limited is audited by NIKHIL M SHAH & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
NIKHIL M SHAH & ASSOCIATESFY 2022127261W

Shareholding

The shareholding of Riajay Bioplast Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Riajay Bioplast Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Riajay Bioplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Riajay Bioplast has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAJCR1155R1ZRMaharashtraActive26 Aug 2020
33AAJCR1155R1ZYTamil NaduActive18 Dec 2020

To see the full GST registrations and return filing status of Riajay Bioplast Private Limited, buy the company report.

Recent activity

Riajay Bioplast Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Hetika Hitesh Sanghavi was appointed as Director on 13 Jan 2025.

AGM
Riajay Bioplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Riajay Bioplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Hetika Hitesh Sanghavi was appointed as Director.
Ceased
Hitesh Rasiklal Sanghavi ceased to be Director.
Ceased
Jay Hitesh Sanghavi ceased to be Additional Director.
Appointed
Jay Hitesh Sanghavi was appointed as Additional Director.
Appointed
Ria Hitesh Sanghavi was appointed as Director.
Incorporation
05 Sep 2018
Riajay Bioplast Private Limited was registered on 05 Sep 2018 with Roc Mumbai I & aged 8 years 2 months as per MCA records.

Frequently asked questions

Riajay Bioplast is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 05 September 2018 (8+ years old) and is registered under CIN U25209MH2018PTC313555.

Riajay Bioplast has 2 current directors:

The latest financial statements of Riajay Bioplast 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 FY 2019 are in the company report.

The GSTIN of Riajay Bioplast is 27AAJCR1155R1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCR1155R1ZY (Tamil Nadu).

The CIN (Corporate Identification Number) of Riajay Bioplast is U25209MH2018PTC313555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Riajay Bioplast was incorporated on 05 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Riajay Bioplast by revenue are Udhayasri Plastics Private Limited, Manak Polymers Private Limited, Image India Aluplast Private Limited, Flowin Pipe Private Limited, Satluz Engineering Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Hetika Hitesh Sanghavi was appointed as Director on 13 Jan 2025. Hitesh Rasiklal Sanghavi ceased to be Director on 13 Jan 2025. Jay Hitesh Sanghavi ceased to be Additional Director on 13 Jan 2025. Riajay Bioplast has 5 board changes on record in total.

Yes, Riajay Bioplast is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Riajay Bioplast is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-24-0005315).

Riajay Bioplast can be reached through the website riajaybioplast.in. Its registered office is in Mumbai, Maharashtra, India.