About Avon Plastic Industries Private Limited
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Avon Plastic Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 18 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1994PTC015521. Its GSTIN is 29AABCA4814G1ZV (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.7 Cr and a paid-up capital of ₹1.88 Cr. It is led by directors including Sunil Kumar Bajaj (Managing Director) and Sarita Bajaj (Whole-Time Director).
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 No.53 Bommasandra Jigani Link Road Anekal Taluk, Bangalore, Karnataka, India – 562106.
As per the financials filed for FY 2025, the company reported a revenue of ₹603.49 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹36.87 Cr (net margin 6.1%) and EBITDA of ₹67.15 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.
The company has about 366 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹244.1 Cr and satisfied charges of ₹82.04 Cr on record. Court records list 32 cases involving the company, including 17 filed by the company and 15 filed against it; 3 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in November 2017. Its 3 peer companies in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 smaller; the largest is Mayraj Pipes & Products Private Limited with revenue of ₹584.29 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avonplast.com.
Company details
CIN history
Avon Plastic Industries has one previous CIN (Corporate Identification Number): U02529KA1994PTC015521. The current CIN is U25209KA1994PTC015521, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209KA1994PTC015521 | Current |
| U02529KA1994PTC015521 | Previous |
Contact details
Avon Plastic Industries Private Limited's registered office is in Bangalore, Karnataka. Its website is avonplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.53 Bommasandra Jigani Link Road Anekal Taluk, Bangalore, Karnataka, India – 562106
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Avon 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
Business activity
The main business activity of Avon 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 Avon Plastic Industries Private Limited, buy the company report.
Financials of Avon Plastic Industries Private Limited
FY 2025 filings availableAvon Plastic Industries Private Limited reported revenue of ₹603.49 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 9% 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 | ₹67.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.87 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 11.1% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Avon Plastic Industries Private Limited, buy the company report.
Board of directors of Avon Plastic Industries Private Limited
Avon Plastic Industries 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 |
|---|---|---|---|---|
| Sunil Kumar Bajaj Also directs: Banchalis Print Private Limited | Managing Director | 15 Sep 2009 | 17 Years 1 Months | Current |
| Sarita Bajaj Also directs: Banchalis Print Private Limited | Whole-Time Director | 05 Sep 2009 | 17 Years 1 Months | Current |
| Kiran Bajaj | Whole-Time Director | 24 May 1996 | 30 Years 5 Months | Current |
| Shakuntala Bajaj | Whole-Time Director | 02 Apr 2010 | 16 Years 7 Months | Current |
Peer comparison
Avon Plastic Industries Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), 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 |
|---|---|---|---|---|---|---|
| Avon Plastic Industries Private Limitedthis company | ₹603.49 Cr (FY 2025) | ₹36.87 Cr | 6.1% | -3.0% | 366 | Bangalore, Karnataka, India |
| Mayraj Pipes & Products Private Limited | ₹584.29 Cr (FY 2025) | 265.0% | Indore, Madhya Pradesh, India | |||
| Kisan Irrigations and Infrastructure Limited | ₹574.27 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Watertec (India) Private Limited | ₹567.62 Cr (FY 2025) | 19.0% | Palladam, Tamil Nadu, India |
To see the full peer comparison of Avon Plastic Industries Private Limited, buy the company report.
Auditor
Avon Plastic Industries Private Limited is audited by SHARMA & PAGARIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA & PAGARIA | FY 2023 | 008217S |
Shareholding
The shareholding of Avon 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 Avon Plastic Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2022 | 100572048 | Axis Bank Limited | ₹24 Cr | Open | |
| 30 Mar 2021 | 100438237 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 20 Jul 2018 | 100198233 | The Hongkong and Shanghai Banking Corporation Limited | ₹47.5 Cr | Open | |
| 02 Jan 2018 | 100146169 | The Hongkong and Shanghai Banking Corporation Limited | ₹42 Cr | Open | |
| 02 Jan 2018 | 100146170 | The Hongkong and Shanghai Banking Corporation Limited | ₹4.2 Cr | Open |
To see the full charge records of Avon Plastic Industries Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Avon Plastic Industries Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in November 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Rights issue | ₹15 Cr | Investors: 4 individuals |
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: R J Bajaj (HUF), an individual |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Avon Plastic Industries Private Limited has 32 court cases on record: 17 filed by Avon Plastic Industries, 15 filed against it. 3 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 9 | 2 |
| High courts | 12 | 6 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Civil suit | Filed against the company by M/S Ashirvad Pipes Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Karnataka Small Industries Marketing Corporation Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Ashirvad Pipes P Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Ashirvad Pipes Pvt Ltd | Disposed |
| District court, MYSURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
To see the full case history of Avon 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.
Credit ratings & regulatory alerts
Avon Plastic Industries Private Limited was last rated by Care on 20 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Sep 2021 |
To see the full credit ratings and regulatory alerts of Avon Plastic Industries Private Limited, buy the company report.
MSME payment delays
Avon Plastic Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, 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 |
|---|---|---|---|
| an individual supplier | |||
| Prasad GWK Cooltech Private Limited | |||
| Indofil Industries Limited |
To see the full MSME payment records of Avon Plastic Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Avon Plastic Industries Private Limited has a workforce of 366 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Avon Plastic Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCA4814G1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avon Plastic Industries Private Limited, buy the company report.
Recent activity
Avon Plastic Industries Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Shakuntala Bajaj ceased to be Director on 01 Apr 2011.
47 earlier events are in the company report.
Frequently asked questions
Avon Plastic Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 18 April 1994 (32+ years old) and is registered under CIN U25209KA1994PTC015521.
Avon Plastic Industries has 4 current directors:
- Sunil Kumar Bajaj - Managing Director
- Sarita Bajaj - Whole-Time Director
- Kiran Bajaj - Whole-Time Director
- Shakuntala Bajaj - Whole-Time Director
The latest financial statements of Avon Plastic Industries 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 Avon Plastic Industries is 29AABCA4814G1ZV, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Avon Plastic Industries is U25209KA1994PTC015521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avon Plastic Industries has 32 court cases on record: 17 filed by the company and 15 filed against it. 3 are pending. Most are in the district courts.
Avon Plastic Industries was incorporated on 18 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Avon Plastic Industries has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in November 2017.
The peers of Avon Plastic Industries by revenue are Mayraj Pipes & Products Private Limited, Kisan Irrigations and Infrastructure Limited, Watertec (India) Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Shakuntala Bajaj ceased to be Director on 01 Apr 2011. Shakuntala Bajaj was appointed as Whole-Time Director on 02 Apr 2010. Sunil Kumar Bajaj ceased to be Whole-Time Director on 29 Sep 2009. Avon Plastic Industries has 7 board changes on record in total.
Avon Plastic Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 May 2019.
Avon Plastic Industries can be reached through the website avonplast.com. Its registered office is in Bangalore, Karnataka, India.
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