- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0006425

About Angiplast Private Limited
Data last updated:
Angiplast Private Limited is a private limited company based in Kheda, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 18 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33119GJ1994PTC021072. Its GSTIN is 24AABCA8320P1ZL (Gujarat).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Aditya Ashit Shah and Ashit Bipin Shah.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Kheda, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹49.94 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹6.38 Cr (net margin 12.8%) and EBITDA of ₹11.62 Cr (EBITDA margin 23.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.77 Cr and satisfied charges of ₹5.32 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 2 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2023. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 224 overdue payments to 53 micro and small suppliers.
Angiplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006425). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website angiplast.com.
Company details
Recognitions & Rankings of Angiplast
Contact details
Angiplast Private Limited's registered office is in Kheda, Gujarat. Its website is angiplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No – 589/1 & 590, Vasna Buzarg Dholka Road, Kheda, Gujarat, India – 387411
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Angiplast 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 Angiplast is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Angiplast Private Limited, buy the company report.
Financials of Angiplast Private Limited
FY 2026 filings availableAngiplast Private Limited reported revenue of ₹49.94 Cr (up 10% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 10% growth in the latest year. EBITDA rose 181% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹49.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.38 Cr | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.3% | ||||
| Net Profit Margin | 12.8% | ||||
| 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 Angiplast Private Limited, buy the company report.
Board of directors of Angiplast Private Limited
Angiplast has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Ashit Shah | Director | 01 Oct 2022 | 4 Years 1 Months | Current |
| Ashit Bipin Shah | Director | 18 Jan 1994 | 32 Years 9 Months | Current |
Auditor
Angiplast Private Limited is audited by S.G. MARATHE & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.G. MARATHE & CO. | FY 2026 | 123655W |
Shareholding
The shareholding of Angiplast Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Angiplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2024 | 100945554 | The Kalupur Commercial Co-Operative Bank Limited | ₹96.5 Lakh | Open | |
| 24 Mar 2023 | 100706156 | The Kalupur Commercial Co-Operative Bank Limited | ₹53.95 Lakh | Open | |
| 24 Mar 2023 | 100706160 | The Kalupur Commercial Co-Operative Bank Limited | ₹2.66 Cr | Open | |
| 16 Sep 2022 | 100614253 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.5 Cr | Open | |
| 01 Oct 2019 | 100294512 | The Kalupur Commercial Co-Operative Bank Limited | ₹20 Lakh | Open |
To see the full charge records of Angiplast Private Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Angiplast Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Shah Family Trust Seller: an individual |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Shah Family Trust Seller: Ashit B Shah Huf, an individual |
| Jul 2008 | Secondary share transfer | Undisclosed | Buyer: Ashit B Shah Huf Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Angiplast Private Limited has 12 court cases on record: 4 filed by Angiplast, 8 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 1 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by Madhya Pradesh Public Health Services Corporation Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 3 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India, Department of Commerce Ministry and 1 other | Disposed |
To see the full case history of Angiplast 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
Angiplast Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 224 overdue payments to 53 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 53)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Disposafe Health and Life Care Limited | |||
| Ars Silicone LLP | |||
| Ilife Medical Devices Private Limited |
To see the full MSME payment records of Angiplast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Angiplast Private Limited has a workforce of 35 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Angiplast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8320P1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Angiplast Private Limited, buy the company report.
Recent activity
Angiplast Private Limited has 6 board changes on record since 1994: 2 appointments and 4 cessations. The latest: Ashit Bipin Shah ceased to be Managing Director on 26 Aug 2024.
41 earlier events are in the company report.
Frequently asked questions
Angiplast is an active private limited company based in Kheda, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 18 January 1994 (32+ years old) and is registered under CIN U33119GJ1994PTC021072.
Angiplast has 2 current directors:
- Aditya Ashit Shah - Director
- Ashit Bipin Shah - Director
The latest financial statements of Angiplast on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Angiplast is 24AABCA8320P1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Angiplast is U33119GJ1994PTC021072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Angiplast has 12 court cases on record: 4 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Angiplast was incorporated on 18 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Angiplast has 3 deals on record (3 secondary share transfers); the latest was in March 2023.
Ashit Bipin Shah ceased to be Managing Director on 26 Aug 2024. Aditya Ashit Shah ceased to be Additional Director on 29 Sep 2023. Rajeshbhai Sadashiv Panchapande ceased to be Director on 16 May 2023. Angiplast has 6 board changes on record in total.
Yes, Angiplast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0006425).
Angiplast has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 224 overdue payments to 53 micro and small suppliers. The latest return was filed on 17 Nov 2019.

