Govel Plastics Private Limited
About Govel Plastics Private Limited
Data last updated:
Govel Plastics Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the plastic products segment of the plastics and polymers sector. It was incorporated on 22 March 1971.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U24131TN1971PTC005965. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Ravi Nallakrishnan and Katama Bhasker.
Its last annual general meeting (AGM) was held on 15 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at No.4/11 Raja Rajan Street Visalakshi Nagar Ekkattuthangal, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.91 Lakh, a growth of 83% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Lakh (net margin 57.5%) and EBITDA of ₹3.31 Lakh (EBITDA margin 84.6%).
As per MCA filings, the company had satisfied charges of ₹14.25 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Govel Plastics Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo.4/11 Raja Rajan Street Visalakshi Nagar Ekkattuthangal, Chennai, Tamil Nadu, India – 600032
- IndustryPlastics, Plastic Products, Fabricated Metal Products, Rubber Products, Non-Metallic Mineral Products
- 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
Business activity
The main business activity of Govel Plastics 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 Govel Plastics Private Limited, buy the company report.
Financials of Govel Plastics Private Limited
FY 2016 filings availableGovel Plastics Private Limited reported revenue of ₹3.91 Lakh (up 83% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 83% in the latest year. EBITDA rose 182% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.31 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.25 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 84.6% | |
| Net Profit Margin | 57.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Govel Plastics Private Limited, buy the company report.
Board of directors of Govel Plastics Private Limited
Govel Plastics has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Nallakrishnan Also directs: Asia (Chennai) Engineering Company Private Limited | Director | 19 May 1980 | 46 Years 5 Months | As last reported |
| Katama Bhasker | Director | 11 Feb 1976 | 50 Years 8 Months | As last reported |
| Govindappan Naicker Srinivasan | Director | 14 Nov 1975 | 50 Years 11 Months | As last reported |
| Mahinder Kumar Jain | Director | 22 Mar 1971 | 55 Years 7 Months | As last reported |
Peer comparison
Govel Plastics Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunbeam Plast Private Limited | ₹4 Lakh (FY 2019) | -58.0% | Delhi, India | |||
| Achme Lasertech Private Limited | ₹3.98 Lakh (FY 2025) | -71.0% | Umbergaon, Gujarat, India | |||
| Bonito Surfaces Private Limited | ₹3.95 Lakh (FY 2017) | -92.0% | Pune, Maharashtra, India | |||
| Sushila Sponge Private Limited | ₹3.95 Lakh (FY 2016) | -97.0% | Jamshedpur, Jharkhand, India | |||
| Ceracon Tiles Private Limited | ₹3.93 Lakh (FY 2025) | -96.0% | Wankaner, Gujarat, India | |||
| Govel Plastics Private Limitedthis company | ₹3.91 Lakh (FY 2016) | ₹2.25 Lakh | 57.5% | 83.0% | Chennai, Tamil Nadu, India | |
| Hari Priya Technocom Private Limited | ₹3.88 Lakh (FY 2015) | -84.0% | Kolkata, West Bengal, India | |||
| Stallion Ceramics Private Limited | ₹3.87 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Nagarjuna Plasti Technologies Private Limited | ₹3.86 Lakh (FY 2025) | -69.0% | Telangana, India | |||
| Falit Plastics Private Limited | ₹3.86 Lakh (FY 2020) | -18.0% | Pune, Maharashtra, India | |||
| Chakra Pipes Private Limited | ₹3.86 Lakh (FY 2025) | 151.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Govel Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2010 | 10220093 | Bank of India | ₹12.5 Cr | Satisfied | |
| 19 Jul 2004 | 90298049 | Bank of India | ₹15 Lakh | Satisfied | |
| 06 Mar 1991 | 90297527 | Bank of India | ₹55 Lakh | Satisfied | |
| 12 Aug 1988 | 90296780 | Bank of India | ₹18.6 Lakh | Satisfied | |
| 06 Apr 1987 | 90297439 | Bank of India | ₹2.1 Lakh | Satisfied |
To see the full charge records of Govel Plastics Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Govel Plastics Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Govel Plastics 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 Govel Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Govel Plastics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Govel Plastics Private Limited, buy the company report.
Recent activity
Govel Plastics Private Limited has 5 board changes on record since 1971: 4 appointments and 1 cessation. The latest: Govindappa Nallakrishnan ceased to be Managing Director on 08 Mar 2016.
27 earlier events are in the company report.
Frequently asked questions
Govel Plastics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Govel Plastics was a private limited company based in Chennai, Tamil Nadu, India. The company worked in plastic products, within the plastics industry. It was incorporated on 22 March 1971 and is registered under CIN U24131TN1971PTC005965. The company has been struck off by the Registrar of Companies and is no longer operational.
Govel Plastics had 4 directors:
- Ravi Nallakrishnan - Director
- Katama Bhasker - Director
- Govindappan Naicker Srinivasan - Director
- Mahinder Kumar Jain - Director
The CIN (Corporate Identification Number) of Govel Plastics is U24131TN1971PTC005965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Govel Plastics is at No.411 Raja Rajan Street Visalakshi Nagar Ekkattuthangal, Chennai, Tamil Nadu, India – 600032.
Govel Plastics was incorporated on 22 March 1971. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Govel Plastics on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 15 September 2016. Year-wise statements from 2015 are in the company report.
No. Govel Plastics has 1 GST registration on record and it is cancelled or inactive.
Govel Plastics operated in the plastics industry, in the plastic products segment. It worked in this industry before it was struck off.
The peers of Govel Plastics by revenue are Sunbeam Plast Private Limited, Achme Lasertech Private Limited, Bonito Surfaces Private Limited, Sushila Sponge Private Limited, Ceracon Tiles Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Govel Plastics has 1 court case on record: 1 filed against it.
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