
Armak Multi Plast Private Limited
About Armak Multi Plast Private Limited
Data last updated:
Armak Multi Plast Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 11 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2019PTC107013. Its GSTIN is 24AASCA0300Q1ZM (Gujarat).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors including Kaushal Manubhai Patel and Apurva Patel Hasmukhlal.
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 B – 102 Saubhagya Appartment Nr. Sola Over Bridge S.G. Road Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.81 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹24.59 Lakh (net margin 2.8%) and EBITDA of ₹88.16 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 130% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.52 Cr and satisfied charges of ₹8.32 Cr on record.
Armak Multi Plast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0004913).
Company details
Recognitions & Rankings of Armak Multi Plast
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-14-0004913
Contact details
Armak Multi Plast Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 102 Saubhagya Appartment Nr. Sola Over Bridge S.G. Road Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Armak Multi Plast 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 Armak Multi Plast 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 Armak Multi Plast Private Limited, buy the company report.
Financials of Armak Multi Plast Private Limited
FY 2025 filings availableArmak Multi Plast Private Limited reported revenue of ₹8.81 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 130% over five years, including 18% growth in the latest year. EBITDA rose 20% 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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| Total Expenses | |||||
| EBITDA | ₹88.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.59 Lakh | ||||
| Balance Sheet | |||||
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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 | 10% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Armak Multi Plast Private Limited, buy the company report.
Board of directors of Armak Multi Plast Private Limited
Armak Multi Plast has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushal Manubhai Patel Also directs: Patco Plast Private Limited | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Apurva Patel Hasmukhlal Also directs: Patco Plast Private Limited | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Mitesh Manubhai Patel | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
| Smitaben Hashmukhbhai Patel | Director | 25 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Armak Multi Plast 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 |
|---|---|---|---|---|---|---|
| Prayosha Reprotarp Private Limited | ₹8.88 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Wingrip Plast Private Limited | ₹8.87 Cr (FY 2025) | 6.0% | Jamnagar, Gujarat, India | |||
| Heramb Thermoplastics Pvt Ltd | ₹8.87 Cr (FY 2024) | 3.0% | Pune, Maharashtra, India | |||
| Gripwell Multi Tech Private Limited | ₹8.82 Cr (FY 2025) | 28.0% | Chennai, Tamil Nadu, India | |||
| H.V.Polyfilms Private Limited | ₹8.82 Cr (FY 2024) | 19.0% | Ahmedabad, Gujarat, India | |||
| Armak Multi Plast Private Limitedthis company | ₹8.81 Cr (FY 2025) | ₹24.59 Lakh | 2.8% | 18.0% | 13 | Ahmedabad, Gujarat, India |
| Ma Gayetri Printing & Packaging Private Limited | ₹8.78 Cr (FY 2024) | -1.0% | Kolkata, West Bengal, India | |||
| Elegansia Mats Private Limited | ₹8.78 Cr (FY 2024) | 15.0% | Aurangabad, Maharashtra, India | |||
| Ambba FRP Private Limited | ₹8.73 Cr (FY 2025) | 149.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Armak Multi Plast Private Limited, buy the company report.
Auditor
Armak Multi Plast Private Limited is audited by RAJIV I RAVANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV I RAVANI & CO. | FY 2023 | 115330W |
Shareholding
The shareholding of Armak Multi Plast Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Armak Multi Plast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Sep 2024 | 100974751 | Others | ₹1.75 Cr | Open | |
| 30 Jul 2024 | 100974745 | Others | ₹1.07 Cr | Open | |
| 21 May 2024 | 100925623 | Sidbi | ₹69.65 Lakh | Open | |
| 03 Oct 2022 | 100621485 | Hdfc Bank Limited | ₹2.58 Cr | Satisfied | |
| 10 Jul 2020 | 100371289 | Bank of India | ₹42 Lakh | Satisfied |
To see the full charge records of Armak Multi Plast Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Armak Multi Plast 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
Armak Multi Plast Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ajanta Print Arts | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Armak Multi Plast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Armak Multi Plast Private Limited has a workforce of 13 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Armak Multi Plast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCA0300Q1ZM | Gujarat | Active | 15 Apr 2019 |
To see the full GST registrations and return filing status of Armak Multi Plast Private Limited, buy the company report.
Recent activity
Armak Multi Plast Private Limited has 7 board changes on record since 2019: 4 appointments and 3 cessations. The latest: Smitaben Hashmukhbhai Patel ceased to be Additional Director on 26 Sep 2023.
11 earlier events are in the company report.
Frequently asked questions
Armak Multi Plast 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 11 March 2019 (7+ years old) and is registered under CIN U25209GJ2019PTC107013.
Armak Multi Plast has 4 current directors:
- Kaushal Manubhai Patel - Director
- Apurva Patel Hasmukhlal - Director
- Mitesh Manubhai Patel - Director
- Smitaben Hashmukhbhai Patel - Director
The latest financial statements of Armak Multi Plast 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 FY 2019 are in the company report.
The GSTIN of Armak Multi Plast is 24AASCA0300Q1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Armak Multi Plast is U25209GJ2019PTC107013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armak Multi Plast was incorporated on 11 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Armak Multi Plast by revenue are Prayosha Reprotarp Private Limited, Wingrip Plast Private Limited, Heramb Thermoplastics Pvt Ltd, Gripwell Multi Tech Private Limited, H.V.Polyfilms Private 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).
Smitaben Hashmukhbhai Patel ceased to be Additional Director on 26 Sep 2023. Smitaben Hashmukhbhai Patel was appointed as Director on 25 Nov 2022. Anil Balvantbhai Gajjar ceased to be Director on 12 Aug 2021. Armak Multi Plast has 7 board changes on record in total.
Yes, Armak Multi Plast is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Armak Multi Plast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-14-0004913).
Armak Multi Plast has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 23 Sep 2020.
The registered office of Armak Multi Plast is at B – 102 Saubhagya Appartment Nr. Sola Over Bridge S.G. Road Thaltej, Ahmedabad, Gujarat, India – 380059.