Hangs Plast India Private Limited
About Hangs Plast India Private Limited
Data last updated:
Hangs Plast India Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the plastic-based products segment of the manufacturing sector. It was incorporated on 16 May 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC059060. Its GSTIN is 07AAACH2341E1Z5 (Delhi).
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹1.32 Lakh. It was led by directors Rashmi Sharma and Pradeep Sharma.
Its last annual general meeting (AGM) was held on 30 April 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at B – 70D Mayapuri Industrial Area Phase 1, New Delhi, Delhi, India – 110064.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.9 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.49 Cr (net margin 51.4%) and EBITDA of ₹1.66 Cr (EBITDA margin 57.4%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 30% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Company details
Contact details
Hangs Plast India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 70D Mayapuri Industrial Area Phase 1, New Delhi, Delhi, India – 110064
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Hangs Plast India Private Limited, buy the company report.
- 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 Hangs Plast India 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 Hangs Plast India Private Limited, buy the company report.
Financials of Hangs Plast India Private Limited
FY 2024 filings availableHangs Plast India Private Limited reported revenue of ₹2.9 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 40% growth in the latest year. EBITDA rose 574% 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 | FY 2019-20 |
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| EBITDA | ₹1.66 Cr | ||||
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| Net Profit (PAT) | ₹1.49 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.4% | ||||
| Net Profit Margin | 51.4% | ||||
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To see the full financial statements and ratios of Hangs Plast India Private Limited, buy the company report.
Board of directors of Hangs Plast India Private Limited
Hangs Plast India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Sharma Also directs: Rashmi Vincente Infra LLP, Hangs Plast India LLP | Director | 16 May 1994 | 32 Years 5 Months | As last reported |
| Pradeep Sharma Also directs: Rashmi Vincente Infra LLP, Hangs Plast India LLP | Director | 01 Aug 2010 | 16 Years 3 Months | As last reported |
Peer comparison
Hangs Plast India Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with 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 |
|---|---|---|---|---|---|---|
| I.P. Industries Private Limited | ₹2.91 Cr (FY 2025) | -9.0% | Greater Noida, Uttar Pradesh, India | |||
| Hangs Plast India Private Limitedthis company | ₹2.9 Cr (FY 2024) | ₹1.49 Cr | 51.4% | 40.0% | New Delhi, Delhi, India | |
| Eldino Ventures Private Limited | ₹2.9 Cr (FY 2024) | -57.0% | Faridabad, Haryana, India | |||
| Deeta Automation Private Limited | ₹2.88 Cr (FY 2025) | 345.0% | Pune, Maharashtra, India |
To see the full peer comparison of Hangs Plast India Private Limited, buy the company report.
Auditor
Hangs Plast India Private Limited is audited by CHANDER PARKASH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDER PARKASH & CO | FY 2021 | 010770N |
Shareholding
The shareholding of Hangs Plast India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Hangs Plast India Private Limited, buy the company report.
Legal cases
Hangs Plast India Private Limited has 3 court cases on record: 2 filed by Hangs Plast India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Central, Delhi | Revision petition | Filed by the company against Ms Snazzy International Ors. | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against India Handicraft | Disposed |
To see the full case history of Hangs Plast India 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 Hangs Plast India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hangs Plast India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACH2341E1Z5 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hangs Plast India Private Limited, buy the company report.
Recent activity
Hangs Plast India Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Surinder Nath Chopra ceased to be Director on 06 Oct 2010.
Frequently asked questions
Hangs Plast India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Hangs Plast India was a private limited company based in New Delhi, Delhi, India. The company worked in plastic-based products, within the manufacturing industry. It was incorporated on 16 May 1994 and is registered under CIN U74899DL1994PTC059060. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Hangs Plast India is U74899DL1994PTC059060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hangs Plast India had 2 directors:
- Rashmi Sharma - Director
- Pradeep Sharma - Director
Hangs Plast India was incorporated on 16 May 1994. It is registered with the Registrar of Companies, Delhi.
The registered office of Hangs Plast India is at B – 70D Mayapuri Industrial Area Phase 1, New Delhi, Delhi, India – 110064.
The latest financial statements of Hangs Plast India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 April 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hangs Plast India is 07AAACH2341E1Z5, registered in Delhi.
Hangs Plast India operated in the manufacturing industry, in the plastic-based products segment.
The peers of Hangs Plast India by revenue are I.P. Industries Private Limited, Eldino Ventures Private Limited, Deeta Automation Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Hangs Plast India has 3 court cases on record: 2 filed by the company and 1 filed against it.
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