Startup India Government of India
Aec Plast Private Limited - environment in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹86.04 Cr
▼ 3% YoY
Net profit · FY 2025
₹1.75 Cr
Net margin 2%
EBITDA · FY 2025
₹5.33 Cr
EBITDA margin 6.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹44.07 Cr
Satisfied ₹20 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
81
Provident fund records
About Aec Plast Private Limited
Data last updated:
Aec Plast Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 05 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2020PTC347260. Its GSTIN is 27AAUCA1519R1ZX (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Abhinav Sanjay Vijaywargi and Ajay Radheshyam Vijaywargi.
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 H. No.08/A Flat No. 604 Gomati Apartment Whc Road Dharampeth, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.04 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Cr (net margin 2%) and EBITDA of ₹5.33 Cr (EBITDA margin 6.2%).
The company has about 81 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹44.07 Cr and satisfied charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Aec Plast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0018987). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aecplast.com.
Company details
CIN U51909MH2020PTC347260
Registration Number 347260
Incorporation Date 05 October 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0018987
Recognitions & Rankings of Aec Plast
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0018987
Contact details
Aec Plast Private Limited's registered office is in Nagpur, Maharashtra. Its website is aecplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH. No.08/A Flat No. 604 Gomati Apartment Whc Road Dharampeth, Nagpur, Maharashtra, India – 440010
- IndustryEnvironment, Waste Management & Recycling Solutions
To see the full contact details of Aec Plast Private Limited, buy the company report.
Comprehensive company report
Aec Plast 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 Aec Plast is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Aec Plast Private Limited, buy the company report.
Financials of Aec Plast Private Limited
FY 2024 filings availableAec Plast Private Limited reported revenue of ₹86.04 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹86.04 Cr ▼ 3%
Net profit · FY 2025
₹1.75 Cr margin 2%
EBITDA · FY 2025
₹5.33 Cr margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 696%
Revenue fell 3% in the latest year. EBITDA fell 18% 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 | ₹5.33 Cr | ||||
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| Net Profit (PAT) | ₹1.75 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Aec Plast Private Limited, buy the company report.
Board of directors of Aec Plast Private Limited
Aec Plast has 2 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 |
|---|---|---|---|---|
| Abhinav Sanjay Vijaywargi | Director | 05 Oct 2020 | 6 Years 0 Months | Current |
| Ajay Radheshyam Vijaywargi | Director | 02 Jul 2022 | 4 Years 3 Months | Current |
Auditor
Aec Plast Private Limited is audited by VIJAYWARGI KHABIYA & SAOJI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAYWARGI KHABIYA & SAOJI | FY 2023 | 138618W |
Shareholding
The shareholding of Aec Plast Private Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Aec Plast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44.07 Cr
Satisfied charges
₹20 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Sep 2024 | 100991669 | Hdfc Bank Limited | ₹58.95 Lakh | Open | |
| 28 Nov 2022 | 100652967 | Axis Bank Limited | ₹23.24 Cr | Open | |
| 07 Sep 2022 | 100612077 | Axis Bank Limited | ₹20.24 Cr | Open | |
| 31 Aug 2021 | 100475575 | Others | ₹1 Cr | Satisfied | |
| 17 Aug 2021 | 100475579 | Others | ₹9 Cr | Satisfied |
To see the full charge records of Aec Plast Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Aec Plast Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
To see the full case history of Aec Plast 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 Aec Plast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aec Plast Private Limited has a workforce of 81 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
81
Active EPFO establishments
1
Employee growth
65.31%
GST
Aec Plast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA1519R1ZX | Maharashtra | Active | 18 Nov 2020 |
To see the full GST registrations and return filing status of Aec Plast Private Limited, buy the company report.
Recent activity
Aec Plast Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Ajay Radheshyam Vijaywargi was appointed as Director on 02 Jul 2022.
Charges
A charge with Axis Bank Limited of Rs. 23.24 Cr registered on 28 Nov 2022 with Charge ID 100652967 was modified on 01 Feb 2025.
AGM
Aec Plast Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.59 Cr with Charge ID 100991669 was registered on 04 Sep 2024.
Filing
Aec Plast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.24 Cr with Charge ID 100652967 was registered on 28 Nov 2022.
Charges
A charge registered on 31 Aug 2021 via Charge ID 100475575 with Others was fully satisfied on 21 Sep 2022.
Charges
A charge registered on 17 Aug 2021 via Charge ID 100475579 with Others was fully satisfied on 21 Sep 2022.
Charges
A charge registered on 13 Aug 2021 via Charge ID 100475581 with Others was fully satisfied on 21 Sep 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 20.24 Cr with Charge ID 100612077 was registered on 07 Sep 2022.
Appointed
Ajay Radheshyam Vijaywargi was appointed as Director.
Ceased
Ishaan Ajay Vijaywargi ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100475575 was registered on 31 Aug 2021.
4 earlier events are in the company report.
Frequently asked questions
Aec Plast is an active private limited company based in Nagpur, Maharashtra, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 05 October 2020 (6+ years old) and is registered under CIN U51909MH2020PTC347260.
Aec Plast has 2 current directors:
- Abhinav Sanjay Vijaywargi - Director
- Ajay Radheshyam Vijaywargi - Director
The latest financial statements of Aec Plast 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 FY 2021 are in the company report.
The GSTIN of Aec Plast is 27AAUCA1519R1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aec Plast is U51909MH2020PTC347260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aec Plast has 1 court case on record: 1 filed against it.
Aec Plast was incorporated on 05 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Ajay Radheshyam Vijaywargi was appointed as Director on 02 Jul 2022. Ishaan Ajay Vijaywargi ceased to be Director on 02 Jul 2022. Abhinav Sanjay Vijaywargi was appointed as Director on 05 Oct 2020.
Yes, Aec Plast is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aec Plast is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0018987).