- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0162471

About Vaghasia Plastic Private Limited
Data last updated:
Vaghasia Plastic Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 24 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1996PTC030281. Its GSTIN is 24AABCV1333K1ZJ (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.65 Lakh. It is led by directors including Nirav Patel and Krupal Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/1B/2301/3 Phase – IV Gidcvatva Nr Ramol Chokdi, Ahmedabad, Gujarat, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.63 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹13.59 Lakh (net margin 2.9%) and EBITDA of ₹24.59 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 25% over five years.
Vaghasia Plastic Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0162471). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaghasiaplastic.com.
Company details
Recognitions & Rankings of Vaghasia Plastic
Contact details
Vaghasia Plastic Private Limited's registered office is in Ahmedabad, Gujarat. Its website is vaghasiaplastic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/1B/2301/3 Phase – IV Gidcvatva Nr Ramol Chokdi, Ahmedabad, Gujarat, India
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Vaghasia Plastic 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 Vaghasia Plastic is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Vaghasia Plastic Private Limited, buy the company report.
Financials of Vaghasia Plastic Private Limited
FY 2024 filings availableVaghasia Plastic Private Limited reported revenue of ₹4.63 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹24.59 Lakh | ||||
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| Net Profit (PAT) | ₹13.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Vaghasia Plastic Private Limited, buy the company report.
Board of directors of Vaghasia Plastic Private Limited
Vaghasia Plastic has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Patel | Director | 14 Mar 2023 | 3 Years 7 Months | Current |
| Krupal Patel | Director | 14 Mar 2023 | 3 Years 7 Months | Current |
| Rameshbhai Patel | Director | 14 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Vaghasia Plastic Private Limited is audited by B. H. MANGAROLIA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. H. MANGAROLIA & CO. | FY 2022 | 105972W |
Shareholding
The shareholding of Vaghasia Plastic Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vaghasia Plastic Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vaghasia Plastic 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
Vaghasia Plastic Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Universal Masterbatch LLP | |||
| Snehal Packaging |
To see the full MSME payment records of Vaghasia Plastic Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Vaghasia Plastic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCV1333K1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vaghasia Plastic Private Limited, buy the company report.
Recent activity
Vaghasia Plastic Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Krupal Patel was appointed as Director on 14 Mar 2023.
1 earlier event is in the company report.
Frequently asked questions
Vaghasia Plastic is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 24 July 1996 (30+ years old) and is registered under CIN U17110GJ1996PTC030281.
Vaghasia Plastic has 3 current directors:
- Nirav Patel - Director
- Krupal Patel - Director
- Rameshbhai Patel - Director
The latest financial statements of Vaghasia Plastic on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vaghasia Plastic is 24AABCV1333K1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Vaghasia Plastic is U17110GJ1996PTC030281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaghasia Plastic was incorporated on 24 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Krupal Patel was appointed as Director on 14 Mar 2023. Nirav Patel was appointed as Director on 14 Mar 2023. Rameshbhai Patel was appointed as Director on 14 Mar 2023. Vaghasia Plastic has 10 board changes on record in total.
Yes, Vaghasia Plastic is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0162471).
Vaghasia Plastic has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Vaghasia Plastic can be reached through the website vaghasiaplastic.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Vaghasia Plastic is at C1B23013 Phase – IV Gidcvatva Nr Ramol Chokdi, Ahmedabad, Gujarat, India.

