MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0061482
Govardhan Polyplast Private Limited - packaging in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.58 Cr
▼ 24% YoY
Net profit · FY 2025
₹48.17 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹1.03 Cr
EBITDA margin 2.5%
Authorised capital
₹5.15 Cr
Registered with MCA
Paid-up capital
₹4.56 Cr
Issued & subscribed
Open charges
₹42.61 Cr
Satisfied ₹5.97 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
6
Provident fund records
About Govardhan Polyplast Private Limited
Data last updated:
Govardhan Polyplast Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 19 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ1993PTC020037. Its GSTIN is 24AACCG5121D1ZA (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.15 Cr and a paid-up capital of ₹4.56 Cr. It was formerly known as Ghanti Texturisers Private Limited. It is led by directors Harishkumar Rameshkumar Agarwal and Rameshkumar Sitaram Agrawal.
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 112 World Trade Centre Nr. Udhna Darwaja Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.58 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹48.17 Lakh (net margin 1.2%) and EBITDA of ₹1.03 Cr (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹42.61 Cr and satisfied charges of ₹5.97 Cr on record. Court records list 18 cases involving the company, including 13 filed by the company and 5 filed against it; 7 cases are pending.
Govardhan Polyplast Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0061482). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website govardhanpolyplast.com.
Company details
CIN U25200GJ1993PTC020037
Registration Number 020037
Incorporation Date 19 August 1993
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-22-0061482
Recognitions & Rankings of Govardhan Polyplast
Contact details
Govardhan Polyplast Private Limited's registered office is in Surat, Gujarat. Its website is govardhanpolyplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address112 World Trade Centre Nr. Udhna Darwaja Ring Road, Surat, Gujarat, India – 395002
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Govardhan Polyplast Private Limited, buy the company report.
Comprehensive company report
Govardhan 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 Govardhan Polyplast is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Govardhan Polyplast Private Limited, buy the company report.
Financials of Govardhan Polyplast Private Limited
FY 2025 filings availableGovardhan Polyplast Private Limited reported revenue of ₹40.58 Cr (down 24% YoY) for FY 2025.
Revenue · FY 2025
₹40.58 Cr ▼ 24%
Net profit · FY 2025
₹48.17 Lakh margin 1.2%
EBITDA · FY 2025
₹1.03 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 17%
5 years · compounded
▼ 6%
EBITDA CAGR growth
3 years · compounded
▲ 41%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 24% fall 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 | ₹1.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.17 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 | 2.5% | ||||
| 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 Govardhan Polyplast Private Limited, buy the company report.
Board of directors of Govardhan Polyplast Private Limited
Govardhan Polyplast has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harishkumar Rameshkumar Agarwal Also directs: Gopal Fibres Pvt Ltd, Govardhan Plasto Pack Private Limited | Director | 22 Dec 2003 | 22 Years 10 Months | Current |
| Rameshkumar Sitaram Agrawal | Director | 20 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Govardhan Polyplast Private Limited is audited by H.Tosniwal & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.Tosniwal & Co. | FY 2025 | 0111032W |
Shareholding
The shareholding of Govardhan Polyplast Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Govardhan Polyplast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹42.61 Cr
Satisfied charges
₹5.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2023 | 100681928 | Sidbi | ₹2.99 Cr | Open | |
| 10 Dec 2020 | 100413634 | Others | ₹61 Lakh | Open | |
| 30 Jul 2018 | 100202523 | Others | ₹2.5 Cr | Open | |
| 15 Oct 2011 | 10313912 | Ing Vysya Bank Limited | ₹2.63 Cr | Open | |
| 30 Jul 2011 | 10302933 | Ing Vysya Bank Limited | ₹50 Lakh | Open |
To see the full charge records of Govardhan Polyplast Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Govardhan Polyplast Private Limited has 18 court cases on record: 13 filed by Govardhan Polyplast, 5 filed against it. 7 cases are pending and 11 are disposed.
Total cases
18
Filed by the company
13
Filed against the company
5
Pending
7
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 1 | 5 |
| District courts | 7 | 4 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (SCR.A) | Filed against the company by Agarwal Polysacks Limited and 3 others | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Midas Imports and Exports and 1 other | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Assistant Commissioner of Income Tax Circle 1( and 1 other | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Agrawal Polysacks Ltd. and 3 others | Pending |
| District court, SURAT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Govardhan 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 Govardhan Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Govardhan Polyplast Private Limited has a workforce of 6 employees on its EPFO records as of Feb 09, 2026, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
GST
Govardhan Polyplast has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCG5121D1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Govardhan Polyplast Private Limited, buy the company report.
Recent activity
Govardhan Polyplast Private Limited has 8 board changes on record since 2003: 2 appointments and 6 cessations. The latest: Ashish Giridharilal Agarwal ceased to be Director on 15 Feb 2019.
AGM
Govardhan Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Govardhan Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 15.55 Cr registered on 18 May 2010 with Charge ID 10223183 was modified on 26 Dec 2024.
Charges
A charge with Sidbi amounted to Rs. 2.99 Cr with Charge ID 100681928 was registered on 03 Mar 2023.
Charges
A charge with Others amounted to Rs. 0.61 Cr with Charge ID 100413634 was registered on 10 Dec 2020.
Ceased
Ashish Giridharilal Agarwal ceased to be Director.
Ceased
Manojkumar Mahavir Prasad Agarwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100202523 was registered on 30 Jul 2018.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 10.46 Cr registered on 12 Jun 2010 with Charge ID 10228043 was modified on 01 Dec 2015.
Charges
A charge with Others of Rs. 7.37 Cr registered on 18 May 2010 with Charge ID 10223777 was modified on 26 Oct 2015.
Charges
A charge with Ing Vysya Bank Limited of Rs. 2.63 Cr registered on 15 Oct 2011 with Charge ID 10313912 was modified on 18 Nov 2014.
Ceased
Ashokkumar Mahavirprasad Agarwal ceased to be Director.
18 earlier events are in the company report.
Frequently asked questions
Govardhan Polyplast is an active private limited company based in Surat, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 19 August 1993 (33+ years old) and is registered under CIN U25200GJ1993PTC020037.
Govardhan Polyplast has 2 current directors:
- Harishkumar Rameshkumar Agarwal - Director
- Rameshkumar Sitaram Agrawal - Director
The latest financial statements of Govardhan 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 Govardhan Polyplast is 24AACCG5121D1ZA, registered in Gujarat. 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 Govardhan Polyplast is U25200GJ1993PTC020037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Govardhan Polyplast has 18 court cases on record: 13 filed by the company and 5 filed against it. 7 are pending. Most are in the high courts.
Govardhan Polyplast was incorporated on 19 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashish Giridharilal Agarwal ceased to be Director on 15 Feb 2019. Manojkumar Mahavir Prasad Agarwal ceased to be Director on 15 Feb 2019. Ashokkumar Mahavirprasad Agarwal ceased to be Director on 10 Feb 2014. Govardhan Polyplast has 8 board changes on record in total.
Yes, Govardhan Polyplast is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0061482).
Govardhan Polyplast can be reached through the website govardhanpolyplast.com. Its registered office is in Surat, Gujarat, India.