MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0018258
Aakash Plastopack Private Limited - packaging in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.73 Cr
▼ 20% YoY
Net profit · FY 2024
₹1.36 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹85.57 Lakh
EBITDA margin 6.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹25.75 Cr
Satisfied ₹15.71 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
52
Provident fund records
About Aakash Plastopack Private Limited
Data last updated:
Aakash Plastopack Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 09 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1996PTC030165. Its GSTIN is 24AABCA9803D1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Akash Plastopack Private Limited. It is led by directors including Bharat Kishanchand Tulsiani and Bharti Bharat Tulsiani.
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 Plot No 1 141/142 Road No Id – 1 GIDC Sachin, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.73 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.36 Lakh (net margin 0.1%) and EBITDA of ₹85.57 Lakh (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 10% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.75 Cr and satisfied charges of ₹15.71 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Aakash Plastopack Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0018258). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aakashwrap.com.
Company details
CIN U25209GJ1996PTC030165
Registration Number 030165
Incorporation Date 09 July 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0018258
Key People
Bharat Kishanchand Tulsiani Director Bharti Bharat Tulsiani Director Dhairya Bharat Tulsiani Director Recognitions & Rankings of Aakash Plastopack
Contact details
Aakash Plastopack Private Limited's registered office is in Surat, Gujarat. Its website is aakashwrap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 1 141/142 Road No Id – 1 GIDC Sachin, Surat, Gujarat, India – 394230
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Aakash Plastopack Private Limited, buy the company report.
Comprehensive company report
Aakash Plastopack 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 Aakash Plastopack 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 Aakash Plastopack Private Limited, buy the company report.
Financials of Aakash Plastopack Private Limited
FY 2025 filings availableAakash Plastopack Private Limited reported revenue of ₹13.73 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹13.73 Cr ▼ 20%
Net profit · FY 2024
₹1.36 Lakh margin 0.1%
EBITDA · FY 2024
₹85.57 Lakh margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 16%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▼ 13%
5 years · compounded
▼ 7%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 20% fall in the latest year. EBITDA rose 52% 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 |
|---|---|---|---|---|---|
| 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 | ₹85.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.36 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Aakash Plastopack Private Limited, buy the company report.
Board of directors of Aakash Plastopack Private Limited
Aakash Plastopack has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kishanchand Tulsiani Also directs: Con-Amora Thermoplastics Pvt Ltd | Director | 09 Jul 1996 | 30 Years 3 Months | Current |
| Bharti Bharat Tulsiani | Director | 01 May 1997 | 29 Years 6 Months | Current |
| Dhairya Bharat Tulsiani Also directs: Vahh Chemicals Limited | Director | 07 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Aakash Plastopack Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Films and Foils, 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 |
|---|---|---|---|---|---|---|
| Ashoka Foam Private Limited | ₹13.81 Cr (FY 2025) | -6.0% | Bareilly, Uttar Pradesh, India | |||
| Shree Sati Plastic and Chemicals Private Limited | ₹13.77 Cr (FY 2024) | 7.0% | Sinnar, Maharashtra, India | |||
| Raameshth Electro Plasta Private Limited | ₹13.74 Cr (FY 2025) | 51.0% | Surat, Gujarat, India | |||
| Du-Luk Polymers Private Limited | ₹13.74 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Aakash Plastopack Private Limitedthis company | ₹13.73 Cr (FY 2024) | ₹1.36 Lakh | 0.1% | -20.0% | 52 | Surat, Gujarat, India |
| Asl Plastic Private Limited | ₹13.69 Cr (FY 2024) | -5.0% | Kolkata, West Bengal, India | |||
| KMR Kumaran Ropes Private Limited | ₹13.66 Cr (FY 2024) | 360.0% | Kanyakumari, Tamil Nadu, India | |||
| Worthwill Foam India Private Limited | ₹13.65 Cr (FY 2024) | 68.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Aakash Plastopack Private Limited, buy the company report.
Auditor
Aakash Plastopack Private Limited is audited by DSI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DSI & CO. | FY 2023 | 127226W |
Shareholding
The shareholding of Aakash Plastopack 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 Aakash Plastopack Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.75 Cr
Satisfied charges
₹15.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2025 | 101111574 | Tata Capital Housing Finance Limited | ₹7.5 Cr | Open | |
| 01 Jul 2021 | 100475754 | Hdfc Bank Limited | ₹6.58 Lakh | Open | |
| 26 Jun 2020 | 100347575 | Others | ₹89 Lakh | Open | |
| 11 Dec 2017 | 100145440 | Others | ₹8.52 Cr | Open | |
| 10 Aug 2017 | 100124668 | Axis Bank Limited | ₹8.77 Cr | Open |
To see the full charge records of Aakash Plastopack Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Aakash Plastopack Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Mr. G.P.Parmar, Regional Apprenticeship Advisor and Deputy Director -Traini | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax - I | Disposed |
To see the full case history of Aakash Plastopack 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
Aakash Plastopack Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 106 overdue payments to 38 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 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Con Amore Themoplastics Pvt. Ltd. | |||
| Sumilon Industries Private Limited | |||
| Makwell Plastisizers Private Limited | |||
| Madhav Cores | |||
| an individual supplier |
To see the full MSME payment records of Aakash Plastopack Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aakash Plastopack Private Limited has a workforce of 52 employees on its EPFO records as of Sep 25, 2025, across 1 active EPFO establishment.
Employee count
52
Active EPFO establishments
1
Employee growth
-7.14%
GST
Aakash Plastopack has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA9803D1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aakash Plastopack Private Limited, buy the company report.
Recent activity
Aakash Plastopack Private Limited has 5 board changes on record since 1996: 4 appointments and 1 cessation. The latest: Dhairya Bharat Tulsiani was appointed as Director on 07 Sep 2023.
AGM
Aakash Plastopack Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Tata Capital Housing Finance Limited amounted to Rs. 7.50 Cr with Charge ID 101111574 was registered on 19 Jun 2025.
Filing
Aakash Plastopack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dhairya Bharat Tulsiani was appointed as Director.
Ceased
Kishin Giyanchand Tulsiani ceased to be Director.
Charges
A charge with Others of Rs. 8.52 Cr registered on 11 Dec 2017 with Charge ID 100145440 was modified on 11 Mar 2022.
Charges
A charge with Axis Bank Limited of Rs. 8.77 Cr registered on 10 Aug 2017 with Charge ID 100124668 was modified on 11 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100475754 was registered on 01 Jul 2021.
Charges
A charge with Others amounted to Rs. 0.89 Cr with Charge ID 100347575 was registered on 26 Jun 2020.
Charges
A charge with Others amounted to Rs. 8.52 Cr with Charge ID 100145440 was registered on 11 Dec 2017.
Charges
A charge registered on 20 Dec 2010 via Charge ID 10256917 with Idbi Bank Limited was fully satisfied on 15 Sep 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.77 Cr with Charge ID 100124668 was registered on 10 Aug 2017.
37 earlier events are in the company report.
Frequently asked questions
Aakash Plastopack is an active private limited company based in Surat, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 09 July 1996 (30+ years old) and is registered under CIN U25209GJ1996PTC030165.
Aakash Plastopack has 3 current directors:
- Bharat Kishanchand Tulsiani - Director
- Bharti Bharat Tulsiani - Director
- Dhairya Bharat Tulsiani - Director
The latest financial statements of Aakash Plastopack 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 Aakash Plastopack is 24AABCA9803D1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Aakash Plastopack is U25209GJ1996PTC030165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakash Plastopack has 3 court cases on record: 3 filed against it. Most are in the high courts.
Aakash Plastopack was incorporated on 09 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aakash Plastopack by revenue are Ashoka Foam Private Limited, Shree Sati Plastic and Chemicals Private Limited, Raameshth Electro Plasta Private Limited, Du-Luk Polymers Private Limited, Asl Plastic Private Limited and 2 more, all in the Manufacturing industry (Films and Foils, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Dhairya Bharat Tulsiani was appointed as Director on 07 Sep 2023. Kishin Giyanchand Tulsiani ceased to be Director on 31 Aug 2023. Bharti Bharat Tulsiani was appointed as Director on 01 May 1997. Aakash Plastopack has 5 board changes on record in total.
Yes, Aakash Plastopack is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0018258).
Aakash Plastopack has 3 MSME Form 1 returns on record between 2019 and 2021, listing 106 overdue payments to 38 micro and small suppliers. The latest return was filed on 25 Apr 2021.
Aakash Plastopack can be reached through the website aakashwrap.com. Its registered office is in Surat, Gujarat, India.
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