MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0001746
Comet Polyplast Private Limited - manufacturing in Kalavad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.16 Cr
▼ 17% YoY
Net profit · FY 2025
₹28.92 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹2.33 Cr
EBITDA margin 10.1%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹17.94 Cr
Satisfied ₹4.95 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
33
Provident fund records
About Comet Polyplast Private Limited
Data last updated:
Comet Polyplast Private Limited is a private limited company based in Kalavad, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 17 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2015PTC083879. Its GSTIN is 24AAGCC1124L1ZY (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Sudhaben Kantilal Bhut and Dhruv Hemantbhai Bhut.
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 Kalavad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.16 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹28.92 Lakh (net margin 1.2%) and EBITDA of ₹2.33 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 18% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.94 Cr and satisfied charges of ₹4.95 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.
Comet Polyplast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0001746). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cometpolyplast.com.
Company details
CIN U25200GJ2015PTC083879
Registration Number 083879
Incorporation Date 17 July 2015
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 Small
Udyam Registration UDYAM-GJ-20-0001746
Key People
Sudhaben Kantilal Bhut Director Dhruv Hemantbhai Bhut Director Akash Rameshbhai Bhut Director Recognitions & Rankings of Comet Polyplast
Contact details
Comet Polyplast Private Limited's registered office is in Kalavad, Gujarat. Its website is cometpolyplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 1 Survey No 223, Charan Pipaliya Road Nr Amrut Farm Anandpar, Kalavad, Gujarat, India – 361162
- IndustryManufacturing, Pipe & Tubes, Fittings & Components
To see the full contact details of Comet Polyplast Private Limited, buy the company report.
Comprehensive company report
Comet 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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Business activity
The main business activity of Comet 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 Comet Polyplast Private Limited, buy the company report.
Financials of Comet Polyplast Private Limited
FY 2025 filings availableComet Polyplast Private Limited reported revenue of ₹23.16 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹23.16 Cr ▼ 17%
Net profit · FY 2025
₹28.92 Lakh margin 1.2%
EBITDA · FY 2025
₹2.33 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 2%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 4%
5 years · compounded
▲ 19%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 3% 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 | ₹2.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.92 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 | 10.1% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Comet Polyplast Private Limited, buy the company report.
Board of directors of Comet Polyplast Private Limited
Comet Polyplast has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhaben Kantilal Bhut | Director | 17 Jul 2015 | 11 Years 3 Months | Current |
| Dhruv Hemantbhai Bhut Also directs: Sanskar Hypermart LLP, Samio Minerals Private Limited, Silvertech Fibers Private Limited and 2 more | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Akash Rameshbhai Bhut Also directs: Alvion Metals Limited | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Parinkumar Bhanjibhai Bhut | Director | 29 Oct 2015 | 10 Years 11 Months | Current |
| Rohitbhai Jadavbhai Bhut | Director | 17 Jul 2015 | 11 Years 3 Months | Current |
| Viren Jadavbhai Bhut | Director | 17 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Comet Polyplast Private Limited is audited by N P VAGHASIA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N P VAGHASIA & ASSOCIATES | FY 2020 | 132711W |
Shareholding
The shareholding of Comet Polyplast Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Comet Polyplast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.94 Cr
Satisfied charges
₹4.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2024 | 100882633 | Sidbi | ₹1.21 Cr | Open | |
| 14 Dec 2020 | 100396358 | Hdfc Bank Limited | ₹16.73 Cr | Open | |
| 04 Dec 2015 | 10609067 | Canara Bank | ₹4.95 Cr | Satisfied |
To see the full charge records of Comet Polyplast Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Comet Polyplast Private Limited has 3 court cases on record: 3 filed by Comet Polyplast. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Shri Sanwariya Seth Enterprises and 1 other | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed by the company against M/S. Abhishek Enterprise and 1 other | Disposed |
To see the full case history of Comet 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 Comet Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Comet Polyplast Private Limited has a workforce of 33 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
GST
Comet Polyplast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCC1124L1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Comet Polyplast Private Limited, buy the company report.
Recent activity
Comet Polyplast Private Limited has 6 board changes on record since 2015: 6 appointments. The latest: Akash Rameshbhai Bhut was appointed as Director on 19 Oct 2020.
AGM
Comet Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 16.73 Cr registered on 14 Dec 2020 with Charge ID 100396358 was modified on 06 Sep 2025.
Filing
Comet Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 1.21 Cr with Charge ID 100882633 was registered on 27 Feb 2024.
Charges
A charge registered on 04 Dec 2015 via Charge ID 10609067 with Canara Bank was fully satisfied on 25 Jan 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.73 Cr with Charge ID 100396358 was registered on 14 Dec 2020.
Appointed
Akash Rameshbhai Bhut was appointed as Director.
Appointed
Dhruv Hemantbhai Bhut was appointed as Director.
Charges
A charge with Canara Bank of Rs. 4.95 Cr registered on 04 Dec 2015 with Charge ID 10609067 was modified on 07 Sep 2019.
Charges
A charge with Canara Bank amounted to Rs. 4.95 Cr with Charge ID 10609067 was registered on 04 Dec 2015.
Appointed
Parinkumar Bhanjibhai Bhut was appointed as Director.
Appointed
Rohitbhai Jadavbhai Bhut was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Comet Polyplast is an active private limited company based in Kalavad, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 17 July 2015 (11+ years old) and is registered under CIN U25200GJ2015PTC083879.
Comet Polyplast has 6 current directors:
- Sudhaben Kantilal Bhut - Director
- Dhruv Hemantbhai Bhut - Director
- Akash Rameshbhai Bhut - Director
- Parinkumar Bhanjibhai Bhut - Director
- Rohitbhai Jadavbhai Bhut - Director
- Viren Jadavbhai Bhut - Director
The latest financial statements of Comet 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 FY 2016 are in the company report.
The GSTIN of Comet Polyplast is 24AAGCC1124L1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Comet Polyplast is U25200GJ2015PTC083879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comet Polyplast has 3 court cases on record: 3 filed by the company. 2 are pending.
Comet Polyplast was incorporated on 17 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Akash Rameshbhai Bhut was appointed as Director on 19 Oct 2020. Dhruv Hemantbhai Bhut was appointed as Director on 19 Oct 2020. Parinkumar Bhanjibhai Bhut was appointed as Director on 29 Oct 2015. Comet Polyplast has 6 board changes on record in total.
Yes, Comet Polyplast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0001746).
Comet Polyplast can be reached through the website cometpolyplast.com. Its registered office is in Kalavad, Gujarat, India.