Bankim Plast Private Limited

Bankim Plast Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U25209MH1992PTC067551 Incorporated 06 July 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2023
₹49.6 Cr
▲ 4% YoY
Net loss · FY 2023
₹4.35 Cr
Net margin -8.8%
EBITDA · FY 2023
-₹1.93 Cr
EBITDA margin -3.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹33.75 Cr
Satisfied ₹49.6 Cr
Company age
34 yrs
Est. 1992
Directors on board
5
As per MCA filings

About Bankim Plast Private Limited

Data last updated:

Bankim Plast Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 06 July 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1992PTC067551. Its GSTIN is 26AAACB2477R1Z7 (Daman & Diu). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Bhagwandas Mulji Karia and Bankim Harish Karia.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 601 Bhakti Park Rhb Road Mulund (West), Mumbai, Maharashtra, India – 400080.

As per the financials filed for FY 2023, the company reported a revenue of ₹49.6 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹4.35 Cr (net margin -8.8%) and EBITDA of -₹1.93 Cr (EBITDA margin -3.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 6% over five years.

As per MCA filings, the company has open charges of ₹33.75 Cr and satisfied charges of ₹49.6 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 3 cases are pending.

Bankim Plast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0032330). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bankimplastpvtltd.com.

Company details

CIN U25209MH1992PTC067551
Registration Number 067551
Incorporation Date 06 July 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0032330
Key People
Bhagwandas Mulji Karia Director Bankim Harish Karia Director Dineshchandra Mulji Karia Director

Recognitions & Rankings of Bankim Plast

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0032330

Contact details

Bankim Plast Private Limited's registered office is in Mumbai, Maharashtra. Its website is bankimplastpvtltd.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    bankimplastpvtltd.com
  • Registered Address
    601 Bhakti Park Rhb Road Mulund (West), Mumbai, Maharashtra, India – 400080
  • Industry
    Manufacturing, Plastic & Resins

To see the full contact details of Bankim Plast Private Limited, buy the company report.

Comprehensive company report
Bankim Plast 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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Business activity

The main business activity of Bankim Plast is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Bankim Plast Private Limited, buy the company report.

Financials of Bankim Plast Private Limited

FY 2023 filings available

Bankim Plast Private Limited reported revenue of ₹49.6 Cr (up 4% YoY) for FY 2023.

Revenue · FY 2023
₹49.6 Cr ▲ 4%
Net loss · FY 2023
₹4.35 Cr margin -8.8%
EBITDA · FY 2023
-₹1.93 Cr margin -3.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 20%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 222%
3 years · compounded
▼ 43%
5 years · compounded
▼ 25%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 4% growth in the latest year. EBITDA fell 222% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹49.6 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.93 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.35 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-3.9%
Net Profit Margin-8.8%
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 Bankim Plast Private Limited, buy the company report.

Board of directors of Bankim Plast Private Limited

Bankim Plast has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhagwandas Mulji KariaDirector06 Jul 199234 Years 4 MonthsCurrent
Bankim Harish KariaDirector01 Aug 199729 Years 3 MonthsCurrent
Dineshchandra Mulji KariaDirector06 Jul 199234 Years 4 MonthsCurrent
Avnish Harish Karia
Also directs: Addinova LLP, Polymaestro Private Limited
Director01 May 200422 Years 6 MonthsCurrent
Harish Mulji KariaDirector06 Jul 199234 Years 4 MonthsCurrent
View all directors

Auditor

Bankim Plast Private Limited is audited by Akshay Bhatt & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Akshay Bhatt & CoFY 2023100263W

Shareholding

The shareholding of Bankim Plast 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bankim Plast Private Limited, buy the company report.

Charges & borrowings

Open charges
₹33.75 Cr
Satisfied charges
₹49.6 Cr
Breakdown by lending institutions
Yes Bank Limited₹32.93 Cr
Standard Chartered Bank₹0.51 Cr
Hdfc Bank Limited₹0.31 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Oct 2022100708025Hdfc Bank Limited₹30.89 LakhOpen
27 Sep 2021100487525Yes Bank Limited₹16.47 CrOpen
02 Feb 2021100428122Yes Bank Limited₹16.46 CrOpen
17 Jun 2016100041738Standard Chartered Bank₹51 LakhOpen
05 Oct 2020100375354Standard Chartered Bank₹1.95 CrSatisfied

To see the full charge records of Bankim Plast Private Limited, buy the company report.

Total charge records: 14 View all charges

MSME payment delays

Bankim Plast Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 14 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 14)

SupplierAmount dueDue sinceReported on
Vishnulaxmi Polypack Private Limited
Anup Enterprises
an individual supplier
an individual supplier
Rajiv Plastic Industries (Dadra Nagar Haveli)

To see the full MSME payment records of Bankim Plast Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Bankim Plast has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
26AAACB2477R1Z7Daman & DiuActive01 Aug 2020

To see the full GST registrations and return filing status of Bankim Plast Private Limited, buy the company report.

Recent activity

Bankim Plast Private Limited has 5 board changes on record since 1992: 5 appointments. The latest: Avnish Harish Karia was appointed as Director on 01 May 2004.

AGM
Bankim Plast Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Yes Bank Limited of Rs. 16.47 Cr registered on 27 Sep 2021 with Charge ID 100487525 was modified on 05 Apr 2023.
Filing
Bankim Plast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100708025 was registered on 14 Oct 2022.
Charges
A charge with Yes Bank Limited of Rs. 16.46 Cr registered on 02 Feb 2021 with Charge ID 100428122 was modified on 17 Feb 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 16.47 Cr with Charge ID 100487525 was registered on 27 Sep 2021.
Charges
A charge registered on 05 Oct 2020 via Charge ID 100375354 with Standard Chartered Bank was fully satisfied on 03 Sep 2021.
Charges
A charge registered on 25 Mar 2014 via Charge ID 10491415 with Standard Chartered Bank was fully satisfied on 03 Sep 2021.
Charges
A charge with Standard Chartered Bank of Rs. 0.51 Cr registered on 17 Jun 2016 with Charge ID 100041738 was modified on 19 Jul 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 16.46 Cr with Charge ID 100428122 was registered on 02 Feb 2021.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1.95 Cr with Charge ID 100375354 was registered on 05 Oct 2020.
Charges
A charge with Standard Chartered Bank of Rs. 15.95 Cr registered on 25 Mar 2014 with Charge ID 10491415 was modified on 29 Sep 2020.

30 earlier events are in the company report.

Frequently asked questions

Bankim Plast is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 06 July 1992 (34+ years old) and is registered under CIN U25209MH1992PTC067551.

Bankim Plast has 5 current directors:

The latest financial statements of Bankim Plast on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Bankim Plast is 26AAACB2477R1Z7, registered in Daman & Diu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Bankim Plast is U25209MH1992PTC067551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bankim Plast has 9 court cases on record: 8 filed by the company and 1 filed against it. 3 are pending.

Bankim Plast was incorporated on 06 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.

Avnish Harish Karia was appointed as Director on 01 May 2004. Bankim Harish Karia was appointed as Director on 01 Aug 1997. Bhagwandas Mulji Karia was appointed as Director on 06 Jul 1992. Bankim Plast has 5 board changes on record in total.

Yes, Bankim Plast is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0032330).

Bankim Plast has 11 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 14 micro and small suppliers. The latest return was filed on 19 Dec 2023.

Bankim Plast can be reached through the website bankimplastpvtltd.com. Its registered office is in Mumbai, Maharashtra, India.