About Neoplast
Neoplast is an Industrial Goods & Manufacturing company based in Ahmedabad (India) founded in 1973, and was acquired by 3M in August 2007. Plastic processing services are offered by Neoplast in India. Its Indian entity Neoplast Engineering Private Limited reported revenue of ₹118 Cr. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Neoplast was founded in 1973 in Ahmedabad, India, where operations in the plastics sector are conducted. Plastic materials are processed through various services, including molding and extrusion techniques. The company maintains its headquarters in Ahmedabad, serving industrial clients within the region. Online presence is established via the domain neoplast.com, supporting business inquiries and information access. Focus remains on standard plastic processing without specialized expansions noted.
- Headquarters Ahmedabad, India
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website neoplast.com
- Acquired by 3M (Aug 2007)
- Legal Name Neoplast Engineering Private Limited
- Date of Incorporation 10 Sep, 1973
- Jurisdiction Ahmedabad, Gujarat, India
Associated legal entities of Neoplast
Neoplast operates through Neoplast Engineering Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neoplast Engineering Private Limited CIN U29259GJ1973PTC002377 | Active | 10 Sep 1973 | Ahmedabad, Gujarat | ₹118 Cr | 53 | 5 | View details |
Investors in Neoplast
Neoplast has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 3M.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | 3m.com | United States |
Investor details for Neoplast
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Neoplast Engineering Private Limited (Neoplast)
Neoplast Engineering Private Limited is the primary company behind Neoplast. The board of Neoplast Engineering Private Limited currently have 5 directors; the longest-serving is Dhruv Jayantilal Shah, appointed in 1978. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dhruv Jayantilal Shah DIN 00391691 | Managing Director | 01 Apr 1978 | 48 yrs 6 mo | Neoplast Engineering Private Limited |
| Tushar Vinodchandra Parikh DIN 00391620 | Managing Director | 12 Oct 1998 | 28 yrs | Neoplast Engineering Private Limited |
| Parag Vinodchandra Parikh DIN 06872561 | Director | 25 Sep 2020 | 6 yrs | Neoplast Engineering Private Limited |
| Ankit Dhruvkumar Shah DIN 01961104 | Director | 25 Sep 2020 | 6 yrs | Neoplast Engineering Private Limited |
| Atit Dhruv Shah DIN 01966673 | Director | 25 Sep 2020 | 6 yrs | Neoplast Engineering Private Limited |
Financials of Neoplast
Figures of Neoplast Engineering Private Limited, the primary company behind Neoplast, for FY 2025. Revenue was ₹118 Cr (+26% year on year). Net profit was ₹96.7 Lakh (1% margin). EBITDA was ₹5.67 Cr (5% margin). Revenue has grown at a compounded annual rate of +44% over three years and +22% over five years.
- ₹118 CrRevenue · FY 2025 · +26% YoY
- ₹96.7 LakhNet profit · 1% margin
- ₹5.67 CrEBITDA · 5% margin
- ₹4.1 LakhPaid-up capital
- 53Employees (provident fund records)
- +44%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neoplast Engineering Private Limited are on its company page.
Detailed financial statements for Neoplast
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Neoplast
2 dated milestones of Neoplast across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Neoplast is founded.
- Exit Acquired by 3M.
Web traffic of Neoplast
The website of Neoplast (neoplast.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 16% vs previous month
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Neoplast (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Neoplast
Neoplast was founded in 1973.
Neoplast is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind Neoplast, Neoplast Engineering Private Limited, reported revenue of ₹118 Cr for FY 2025, up 26% year on year.
Neoplast was founded in 1973 in Ahmedabad, India, where operations in the plastics sector are conducted. Plastic materials are processed through various services, including molding and extrusion techniques. The company maintains its headquarters in Ahmedabad, serving industrial clients within the region. Online presence is established via the domain neoplast.com, supporting business inquiries and information access. Focus remains on standard plastic processing without specialized expansions noted.
Neoplast has 1 investor. Key investors include 3M.
Neoplast operates through Neoplast Engineering Private Limited.
Yes. Neoplast was acquired by 3M in August 2007.
The legal entities of Neoplast currently have 5 directors, including Parag Vinodchandra Parikh, Dhruv Jayantilal Shah, Tushar Vinodchandra Parikh and others.