MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0001575
Balson Polyplast Private Limited - agriculture in Gondal, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹135.7 Cr
▼ 9% YoY
Net profit · FY 2025
₹9.13 Cr
Net margin 6.7%
EBITDA · FY 2025
₹19.09 Cr
EBITDA margin 14.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹57.33 Cr
Satisfied ₹14.91 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
102
Provident fund records
About Balson Polyplast Private Limited
Data last updated:
Balson Polyplast Private Limited is a private limited company based in Gondal, Gujarat, India. It operates in the agri machinery and equipment segment of the agriculture sector. It was incorporated on 13 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U22209GJ1999PTC036712. Its GSTIN is 24AABCB2434K1ZZ (Gujarat). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Jamanbhai Vithalbhai Baldha (Managing Director) and Vipulbhai Dhirubhai Pansuria.
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 Gondal, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹135.7 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹9.13 Cr (net margin 6.7%) and EBITDA of ₹19.09 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 16% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Balson Polyplast. As per MCA filings, the company has open charges of ₹57.33 Cr and satisfied charges of ₹14.91 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Balson Polyplast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0001575). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balsonpolyplast.com.
Company details
CIN U22209GJ1999PTC036712
Registration Number 036712
Incorporation Date 13 October 1999
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-20-0001575
CIN history
Balson Polyplast has one previous CIN (Corporate Identification Number): U17110GJ1999PTC036712. The current CIN is U22209GJ1999PTC036712, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22209GJ1999PTC036712 | Current |
| U17110GJ1999PTC036712 | Previous |
Key People
Jamanbhai Vithalbhai Baldha Managing Director Vipulbhai Dhirubhai Pansuria Director Kishorbhai Vithalbhai Baldha Director Recognitions & Rankings of Balson Polyplast
Contact details
Balson Polyplast Private Limited's registered office is in Gondal, Gujarat.
- Social Media
- Registered AddressSurvey No. – 13/2P Plot No. – 04 Nr. Hadamtala Toll Plaza Vill. – Pipali, Ya, Gondal, Gujarat, India – 360311
- IndustryAgriculture, Agri Machinery & Equipment
Comprehensive company report
Balson Polyplast 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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Brands
Balson Polyplast operates one associated brand: Balson Polyplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of irrigation systems and agricultural equipment in India. | balsonpolyplast.com |
Business activity
The main business activity of Balson Polyplast 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 Balson Polyplast Private Limited, buy the company report.
Financials of Balson Polyplast Private Limited
FY 2025 filings availableBalson Polyplast Private Limited reported revenue of ₹135.7 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹135.7 Cr ▼ 9%
Net profit · FY 2025
₹9.13 Cr margin 6.7%
EBITDA · FY 2025
₹19.09 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 15%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 29%
5 years · compounded
▲ 17%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 16% 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 | ₹19.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.13 Cr | ||||
| 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 | 14.1% | ||||
| Net Profit Margin | 6.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Balson Polyplast Private Limited, buy the company report.
Board of directors of Balson Polyplast Private Limited
Balson Polyplast has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipulbhai Dhirubhai Pansuria Also directs: Balson Agro Polymer Private Limited | Director | 13 Oct 1999 | 27 Years 0 Months | Current |
| Kishorbhai Vithalbhai Baldha Also directs: Balson Agro Polymer Private Limited | Director | 13 Oct 1999 | 27 Years 0 Months | Current |
| Jamanbhai Vithalbhai Baldha | Managing Director | 13 Oct 1999 | 27 Years 0 Months | Current |
| Miraj Jamanbhai Baldha Also directs: Balson Agro Polymer Private Limited | Director | 01 Jun 2021 | 5 Years 4 Months | Current |
| Siddh Kishorbhai Baldha | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
Charges & borrowings
Open charges
₹57.33 Cr
Satisfied charges
₹14.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2025 | 101216106 | State Bank of India | ₹9 Cr | Open | |
| 19 May 2025 | 101132274 | Indian Bank | ₹90,000 | Open | |
| 24 Jan 2025 | 101046680 | Indian Bank | ₹6.84 Cr | Open | |
| 10 Feb 2006 | 80014003 | Indian Bank | ₹41.48 Cr | Open | |
| 16 Aug 2024 | 100969090 | Indian Bank | ₹4 Cr | Satisfied |
To see the full charge records of Balson Polyplast Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Balson Polyplast Private Limited has 4 court cases on record: 1 filed by Balson Polyplast, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and Others | Disposed |
To see the full case history of Balson Polyplast 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 Balson Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Balson Polyplast has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
10
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCB2434K1ZZ | Gujarat | Active | 01 Jul 2017 |
| 08AABCB2434K1ZT | Rajasthan | Active | 27 Jun 2019 |
| 23AABCB2434K1Z1 | Madhya Pradesh | Active | 21 Sep 2020 |
| 06AABCB2434K1ZX | Haryana | Active | 24 Jun 2021 |
To see the full GST registrations and return filing status of Balson Polyplast Private Limited, buy the company report.
Recent activity
Balson Polyplast Private Limited has 9 board changes on record since 1999: 5 appointments and 4 cessations. The latest: Siddh Kishorbhai Baldha was appointed as Director on 15 Apr 2025.
Charges
A charge with State Bank Of India amounted to Rs. 9.00 Cr with Charge ID 101216106 was registered on 23 Dec 2025.
AGM
Balson Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 0.01 Cr with Charge ID 101132274 was registered on 19 May 2025.
Appointed
Siddh Kishorbhai Baldha was appointed as Director.
Filing
Balson Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Indian Bank amounted to Rs. 6.84 Cr with Charge ID 101046680 was registered on 24 Jan 2025.
Charges
A charge registered on 16 Aug 2024 via Charge ID 100969090 with Indian Bank was fully satisfied on 18 Dec 2024.
Charges
A charge with Indian Bank of Rs. 41.48 Cr registered on 10 Feb 2006 with Charge ID 80014003 was modified on 15 Nov 2024.
Charges
A charge with Indian Bank amounted to Rs. 4.00 Cr with Charge ID 100969090 was registered on 16 Aug 2024.
Charges
A charge registered on 16 Feb 2023 via Charge ID 100682947 with Indian Bank was fully satisfied on 26 May 2023.
Charges
A charge with Indian Bank amounted to Rs. 4.00 Cr with Charge ID 100682947 was registered on 16 Feb 2023.
Ceased
Rameshchandra Vashrambhai Dobariya ceased to be Director.
35 earlier events are in the company report.
Frequently asked questions
Balson Polyplast is an active private limited company based in Gondal, Gujarat, India. The company works in agri machinery and equipment, within the agriculture industry. It was incorporated on 13 October 1999 (27+ years old) and is registered under CIN U22209GJ1999PTC036712.
Balson Polyplast has 5 current directors:
- Jamanbhai Vithalbhai Baldha - Managing Director
- Vipulbhai Dhirubhai Pansuria - Director
- Kishorbhai Vithalbhai Baldha - Director
- Miraj Jamanbhai Baldha - Director
- Siddh Kishorbhai Baldha - Director
The latest financial statements of Balson Polyplast 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 Balson Polyplast is 24AABCB2434K1ZZ, registered in Gujarat. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 08AABCB2434K1ZT (Rajasthan), 23AABCB2434K1Z1 (Madhya Pradesh), 06AABCB2434K1ZX (Haryana).
The CIN (Corporate Identification Number) of Balson Polyplast is U22209GJ1999PTC036712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balson Polyplast has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Balson Polyplast was incorporated on 13 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Siddh Kishorbhai Baldha was appointed as Director on 15 Apr 2025. Rameshchandra Vashrambhai Dobariya ceased to be Director on 10 Jul 2021. Miraj Jamanbhai Baldha was appointed as Director on 01 Jun 2021. Balson Polyplast has 9 board changes on record in total.
Yes, Balson Polyplast is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0001575).
Balson Polyplast can be reached through the website balsonpolyplast.com. Its registered office is in Gondal, Gujarat, India.