Aadi Plastic Industries Private Limited
About Aadi Plastic Industries Private Limited
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Aadi Plastic Industries Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 24 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209PN1998PTC012902. Its GSTIN is 27AACCA3325K1ZT (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors including Sundar Shakhiram Kalani (Managing Director) and Shankar Chandrakant Kalani (Whole-Time Director).
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 R S No 205/B/1 New Shahupuri, Kolhapur, Maharashtra, India – 416001.
As per the financials filed for FY 2025, the company reported a revenue of ₹143.14 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.45 Cr (net margin 3.1%) and EBITDA of ₹9.95 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company is associated with 1 brand: Aadiplasticindustries. As per MCA filings, the company has open charges of ₹104.01 Cr and satisfied charges of ₹17.93 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in April 2023. Its 8 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 5 smaller; the largest is Polyset Plastics Private Limited with revenue of ₹144.74 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Aadi Plastic Industries Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR S No 205/B/1 New Shahupuri, Kolhapur, Maharashtra, India – 416001
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Aadi Plastic Industries 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
Brands
Aadi Plastic Industries operates one associated brand: Aadiplasticindustries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| aadiplasticindustries.com |
Business activity
The main business activity of Aadi Plastic Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Aadi Plastic Industries Private Limited, buy the company report.
Financials of Aadi Plastic Industries Private Limited
FY 2024 filings availableAadi Plastic Industries Private Limited reported revenue of ₹143.14 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 11% growth in the latest year. EBITDA fell 6% 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 | ₹9.95 Cr | ||||
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| Net Profit (PAT) | ₹4.45 Cr | ||||
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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 | 6.9% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Aadi Plastic Industries Private Limited, buy the company report.
Board of directors of Aadi Plastic Industries Private Limited
Aadi Plastic Industries has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Chandrakant Kalani | Whole-Time Director | 24 Sep 1998 | 28 Years 1 Months | Current |
| Sundar Shakhiram Kalani | Managing Director | 24 Sep 1998 | 28 Years 1 Months | Current |
| Aakash Sunder Kalani | Whole-Time Director | 13 Jul 2013 | 13 Years 3 Months | Current |
| Rupa Sundar Kalani | Whole-Time Director | 24 Sep 1998 | 28 Years 1 Months | Current |
| Ashok Chandrakant Kalani | Whole-Time Director | 24 Sep 1998 | 28 Years 1 Months | Current |
Peer comparison
Aadi Plastic Industries Private Limited is compared with the 8 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Polyset Plastics Private Limited | ₹144.74 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Vardhaman Plastochem Private Limited | ₹144.04 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Swashthik Plascon Limited | ₹143.8 Cr (FY 2025) | 7.0% | Puducherry, India | |||
| Aadi Plastic Industries Private Limitedthis company | ₹143.14 Cr (FY 2025) | ₹4.45 Cr | 3.1% | 11.0% | Kolhapur, Maharashtra, India | |
| Axiom Cordages Limited | ₹142.13 Cr (FY 2023) | 15.0% | Thane, Maharashtra, India | |||
| Omega Plasto Limited | ₹141.64 Cr (FY 2025) | 3.0% | Vadodara, Gujarat, India | |||
| Avsl Industries Limited | ₹140.84 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Siddharth Polymers Private Limited | ₹140.64 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Rex Pipes and Cables Industries Limited | ₹138.76 Cr (FY 2025) | 8.0% | Sikar, Rajasthan, India |
To see the full peer comparison of Aadi Plastic Industries Private Limited, buy the company report.
Auditor
Aadi Plastic Industries Private Limited is audited by D S PALKAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S PALKAR & CO | FY 2023 | 115261W |
Shareholding
The shareholding of Aadi Plastic Industries 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 Aadi Plastic Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2024 | 100973734 | Hdfc Bank Limited | ₹35 Lakh | Open | |
| 04 Nov 2020 | 100418787 | Hdfc Bank Limited | ₹26.57 Lakh | Open | |
| 17 Jun 2017 | 100113578 | Hdfc Bank Limited | ₹11.97 Lakh | Open | |
| 22 Feb 2016 | 10626288 | Hdfc Bank Limited | ₹3.75 Cr | Open | |
| 30 Mar 2015 | 10564690 | Hdfc Bank Limited | ₹49.81 Cr | Open |
To see the full charge records of Aadi Plastic Industries Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Aadi Plastic Industries Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in April 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Rohit Agrovet Private Limited |
| Oct 2011 | Funding round | ₹4 Cr | Investors: Rohit Agrovet Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aadi Plastic Industries Private Limited has 7 court cases on record: 5 filed by Aadi Plastic Industries, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-C) | Filed by the company against National Insurance Co.Ltd. and 1 other | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, BELAGAVI, Karnataka | Court case (Ref) | Filed against the company by an individual | Disposed |
| District court, Sangli, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Aadi Plastic Industries 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 Aadi Plastic Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aadi Plastic Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA3325K1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aadi Plastic Industries Private Limited, buy the company report.
Recent activity
Aadi Plastic Industries Private Limited has 11 board changes on record since 1998: 5 appointments and 6 cessations. The latest: Chandrakant Shakhiram Kalani ceased to be Whole-Time Director on 11 Jan 2022.
37 earlier events are in the company report.
Frequently asked questions
Aadi Plastic Industries is an active private limited company based in Kolhapur, Maharashtra, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 24 September 1998 (28+ years old) and is registered under CIN U25209PN1998PTC012902.
Aadi Plastic Industries has 5 current directors:
- Sundar Shakhiram Kalani - Managing Director
- Shankar Chandrakant Kalani - Whole-Time Director
- Aakash Sunder Kalani - Whole-Time Director
- Rupa Sundar Kalani - Whole-Time Director
- Ashok Chandrakant Kalani - Whole-Time Director
The latest financial statements of Aadi Plastic Industries 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 Aadi Plastic Industries is 27AACCA3325K1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aadi Plastic Industries is U25209PN1998PTC012902. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aadi Plastic Industries has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Aadi Plastic Industries was incorporated on 24 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Pune.
Aadi Plastic Industries has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹4 Cr; the latest was in April 2023.
The peers of Aadi Plastic Industries by revenue are Polyset Plastics Private Limited, Vardhaman Plastochem Private Limited, Swashthik Plascon Limited, Axiom Cordages Limited, Omega Plasto Limited and 3 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).
Chandrakant Shakhiram Kalani ceased to be Whole-Time Director on 11 Jan 2022. Aakash Sunder Kalani ceased to be Director on 30 Sep 2013. Ashok Chandrakant Kalani ceased to be Director on 30 Sep 2013. Aadi Plastic Industries has 11 board changes on record in total.
The registered office of Aadi Plastic Industries is at R S No 205B1 New Shahupuri, Kolhapur, Maharashtra, India – 416001.