MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0025798
Geoplast Products Private Limited
Geoplast Products Private Limited - recycling & waste management in Indore, Madhya Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2024
₹13,511
▼ 72% YoY
Net profit · FY 2024
₹13,511
Net margin 100%
EBITDA · FY 2024
₹13,511
EBITDA margin 100%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹81 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Geoplast Products Private Limited
Data last updated:
Geoplast Products Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the non metal recycling segment of the recycling and waste management sector. It was incorporated on 17 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U37200MP2020PTC051525.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹81 Lakh. It is led by directors Bhagirath Rathore and Akshat Bafna.
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 60 Shree Krishna Colony, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹13,511, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹13,511 (net margin 100%) and EBITDA of ₹13,511 (EBITDA margin 100%).
As per MCA filings, the company has open charges of ₹3.5 Cr on record.
Geoplast Products Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0025798). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U37200MP2020PTC051525
Registration Number 051525
Incorporation Date 17 June 2020
ROC Gwalior
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0025798
Key People
Bhagirath Rathore Director Akshat Bafna Director Recognitions & Rankings of Geoplast Products
Contact details
Geoplast Products Private Limited's registered office is in Indore, Madhya Pradesh.
- Registered Address60 Shree Krishna Colony, Indore, Madhya Pradesh, India – 452001
- IndustryRecycling & Waste Management, Non Metal Recycling
Comprehensive company report
Geoplast Products 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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Financials of Geoplast Products Private Limited
FY 2025 filings availableGeoplast Products Private Limited reported revenue of ₹13,511 (down 72% YoY) for FY 2024.
Revenue · FY 2024
₹13,511 ▼ 72%
Net profit · FY 2024
₹13,511 margin 100%
EBITDA · FY 2024
₹13,511 margin 100%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 72%
EBITDA CAGR growth
1 year
▲ 383%
3 years · compounded
▲ 33%
Revenue fell 72% in the latest year. EBITDA rose 383% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹13,511 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹13,511 | |||
| 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 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 100% | |||
| Net Profit Margin | 100% | |||
| 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 Geoplast Products Private Limited, buy the company report.
Board of directors of Geoplast Products Private Limited
Geoplast Products has 2 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 |
|---|---|---|---|---|
| Bhagirath Rathore Also directs: Excelroof Top Solutions Private Limited | Director | 17 Jun 2020 | 6 Years 4 Months | Current |
| Akshat Bafna Also directs: Geoplast Ventures Private Limited | Director | 27 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Geoplast Products Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Misaki Plastic Technologies Private Limited | ₹14,888 (FY 2019) | -39.0% | New Delhi, Delhi, India | |||
| Everlast Pipes Pvt Ltd | ₹14,772 (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| Dhruvraj Polymers Private Limited | ₹14,557 (FY 2024) | -72.0% | Raipur, Chhattisgarh, India | |||
| Emdet Neff Perkins Rubber Private Limited | ₹14,295 (FY 2018) | -59.0% | New Delhi, Delhi, India | |||
| Jayshree Polytex Ltd | ₹14,200 (FY 2025) | -98.0% | Serampore, West Bengal, India | |||
| Geoplast Products Private Limitedthis company | ₹13,511 (FY 2024) | ₹13,511 | 100% | -72.0% | Indore, Madhya Pradesh, India | |
| Indore Polyproducts Private Limited | ₹13,270 (FY 2022) | -100.0% | Indore, Madhya Pradesh, India | |||
| Trimurti Packaging Pvt Ltd | ₹12,760 (FY 2025) | -96.0% | Jaipur, Rajasthan, India | |||
| Tripureshwari Poly Equipments Private Limited | ₹12,050 (FY 2020) | -99.0% | Kolkata, West Bengal, India | |||
| S.Dac Technologies Private Limited | ₹11,451 (FY 2019) | -99.0% | Mumbai, Maharashtra, India | |||
| Trilite Plastics Pvt Ltd | ₹11,234 (FY 2023) | 38.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Geoplast Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2023 | 100724683 | Others | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Geoplast Products Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Geoplast Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Geoplast Products Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Geoplast Products Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Akshat Bafna ceased to be Additional Director on 29 Sep 2023.
AGM
Geoplast Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Geoplast Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Akshat Bafna ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100724683 was registered on 26 May 2023.
Appointed
Akshat Bafna was appointed as Director.
Ceased
Darpan Yogeshwar Dubey ceased to be Director.
Ceased
Darshan Dubey ceased to be Additional Director.
Ceased
Sanjay Bafna ceased to be Director.
Appointed
Bhagirath Rathore was appointed as Director.
Incorporation
17 Jun 2020
Geoplast Products Private Limited was registered on 17 Jun 2020 with Roc Gwalior & aged 6 years 5 months as per MCA records.
Frequently asked questions
Geoplast Products is an active private limited company based in Indore, Madhya Pradesh, India. The company works in non metal recycling, within the recycling and waste management industry. It was incorporated on 17 June 2020 (6+ years old) and is registered under CIN U37200MP2020PTC051525.
Geoplast Products has 2 current directors:
- Bhagirath Rathore - Director
- Akshat Bafna - Director
The latest financial statements of Geoplast Products 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Geoplast Products is U37200MP2020PTC051525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Geoplast Products was incorporated on 17 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Geoplast Products by revenue are Misaki Plastic Technologies Private Limited, Everlast Pipes Pvt Ltd, Dhruvraj Polymers Private Limited, Emdet Neff Perkins Rubber Private Limited, Jayshree Polytex Ltd and 5 more, all in the Manufacturing industry (Plastic Based Products).
Akshat Bafna ceased to be Additional Director on 29 Sep 2023. Akshat Bafna was appointed as Director on 27 Jan 2023. Darpan Yogeshwar Dubey ceased to be Director on 27 Jan 2023. Geoplast Products has 6 board changes on record in total.
Yes, Geoplast Products is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0025798).
The registered office of Geoplast Products is at 60 Shree Krishna Colony, Indore, Madhya Pradesh, India – 452001.
Geoplast Products operates in the recycling and waste management industry, in the non metal recycling segment.
Geoplast Products has open charges of ₹3.5 Cr and no satisfied charges on record as per latest MCA filings.
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