About Ideal Technoplast Industries Limited
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Ideal Technoplast Industries Limited is a public limited company based in Olpad, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 23 November 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L22203GJ2023PLC146444. Its GSTIN is 24AAHCI4073R1Z1 (Gujarat). It is a listed company as per MCA records. Its shares are listed on NSE: IDEALTECHO.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Vipulbhai Dulabhai Mendapara (Managing Director) and Rushiraj Zaverbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 1 To 4 And 78 To 81 Block No.572 & 572/B, Madhav Industrial Estate Vill.Olpad Ta.Olpad Surat, Gujarat, India – 394540.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹34.62 Cr, a growth of 21.6% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 8%) and EBITDA of ₹6.52 Cr (EBITDA margin 18.8%). The net worth stands at ₹26.51 Cr (up 11.7% YoY). Total assets are valued at ₹50.66 Cr (up 41.8% YoY).
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ideal Technoplast Industries. As per MCA filings, the company has open charges of ₹31.96 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 ipo); the latest was in August 2024. Its 3 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Skymap Packaging Private Limited with revenue of ₹29.31 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idealtechnoplast.com.
Company details
CIN history
Ideal Technoplast Industries has one previous CIN (Corporate Identification Number): U22203GJ2023PLC146444. The current CIN is L22203GJ2023PLC146444, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L22203GJ2023PLC146444 | Current |
| U22203GJ2023PLC146444 | Previous |
Contact details
Ideal Technoplast Industries Limited's registered office is in Olpad, Gujarat.
- Registered AddressPlot No. 1 To 4 And 78 To 81 Block No.572 & 572/B, Madhav Industrial Estate Vill.Olpad Ta.Olpad Surat, Gujarat, India – 394540
- IndustryPackaging, Industrial Packaging Solutions
- 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
Brands
Ideal Technoplast Industries operates one associated brand: Ideal Technoplast Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of rigid plastic packaging products | idealtechnoplast.com |
Business activity
The main business activity of Ideal Technoplast Industries 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 Ideal Technoplast Industries Limited, buy the company report.
Financials of Ideal Technoplast Industries Limited
FY 2025-26 filings availableIdeal Technoplast Industries Limited reported revenue of ₹34.62 Cr (up 21.6% YoY) for FY 2025-26.
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹34.62 Cr | ₹28.48 Cr | ₹9.11 Cr | ₹11.99 Cr | ₹5.68 Cr | ₹5.69 Cr |
| Other Income | ₹30 Lakh | ₹36 Lakh | ₹0 | ₹1 Lakh | ₹0 | ₹0 |
| Cost of Materials Consumed | - | ₹21.79 Cr | ₹6.82 Cr | ₹10.73 Cr | ₹4.58 Cr | ₹4.48 Cr |
| Employee Benefit Expense | - | ₹88 Lakh | ₹18 Lakh | ₹23 Lakh | ₹34 Lakh | ₹55 Lakh |
| Finance Costs | ₹1.62 Cr | ₹83 Lakh | ₹13 Lakh | ₹40 Lakh | ₹16 Lakh | ₹14 Lakh |
| Depreciation & Amortisation | ₹1.57 Cr | ₹74 Lakh | ₹12 Lakh | ₹23 Lakh | ₹8 Lakh | ₹7 Lakh |
| Other Expenses | - | ₹86 Lakh | ₹6 Lakh | ₹17 Lakh | ₹4 Lakh | ₹4 Lakh |
| Total Expenses | ₹28.1 Cr | ₹23.43 Cr | ₹7.38 Cr | ₹10.85 Cr | ₹5.37 Cr | ₹5.38 Cr |
| Profit Before Tax | ₹3.63 Cr | ₹3.84 Cr | ₹1.48 Cr | ₹52 Lakh | ₹7 Lakh | ₹10 Lakh |
| Total Tax Expense | ₹85 Lakh | ₹97 Lakh | ₹12 Lakh | ₹1 Lakh | -₹2 Lakh | ₹1 Lakh |
| Net Profit | ₹2.78 Cr | ₹2.87 Cr | ₹1.36 Cr | ₹51 Lakh | ₹9 Lakh | ₹9 Lakh |
| EBITDA (computed) | ₹6.52 Cr | ₹5.05 Cr | ₹1.73 Cr | ₹1.14 Cr | ₹31 Lakh | ₹31 Lakh |
| Basic EPS | ₹5.55 | ₹5.76 | ₹11.05 | ₹3.63 | ₹0.75 | ₹0.70 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Total Assets | ₹50.66 Cr | ₹35.73 Cr | ₹10.65 Cr | ₹7.75 Cr | ₹2.85 Cr | ₹2.46 Cr |
| Current Assets | ₹16.97 Cr | ₹14.99 Cr | ₹6.25 Cr | ₹4.17 Cr | ₹1.69 Cr | ₹1.74 Cr |
| Property, Plant & Equipment | ₹39.44 Cr | ₹10.55 Cr | ₹7.99 Cr | ₹5.41 Cr | ₹1.8 Cr | ₹1.24 Cr |
| Inventories | ₹8.45 Cr | ₹5.3 Cr | ₹4.03 Cr | ₹2.92 Cr | ₹1.1 Cr | ₹86 Lakh |
| Trade Receivables | ₹1.57 Cr | ₹1.12 Cr | ₹1.12 Cr | ₹73 Lakh | ₹42 Lakh | ₹77 Lakh |
| Cash & Equivalents | ₹8 Lakh | ₹21 Lakh | ₹28 Lakh | ₹3 Lakh | ₹1 Lakh | ₹6 Lakh |
| Equity (Net Worth) | ₹26.51 Cr | ₹23.73 Cr | ₹6.11 Cr | ₹1.89 Cr | ₹1.38 Cr | ₹1.28 Cr |
| Equity Share Capital | ₹5 Cr | ₹5 Cr | ₹3.68 Cr | ₹1.4 Cr | ₹1.4 Cr | ₹1.4 Cr |
| Total Debt (computed) | ₹24.13 Cr | ₹11.98 Cr | ₹4.53 Cr | ₹5.86 Cr | ₹1.47 Cr | ₹1.19 Cr |
| Current Liabilities | ₹5.74 Cr | ₹2.36 Cr | ₹3.43 Cr | ₹2.04 Cr | ₹72 Lakh | ₹55 Lakh |
| Total Liabilities | ₹50.66 Cr | ₹35.73 Cr | ₹10.65 Cr | ₹7.75 Cr | ₹2.85 Cr | ₹2.46 Cr |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ₹5.06 Cr | ₹38 Lakh | ₹2.91 Cr | ₹63 Lakh | ₹73 Lakh | ₹14 Lakh |
| Investing Cash Flow | -₹18.32 Cr | -₹15.8 Cr | -₹3.29 Cr | -₹3.84 Cr | -₹64 Lakh | -₹28 Lakh |
| Financing Cash Flow | ₹13.13 Cr | ₹15.34 Cr | ₹64 Lakh | ₹3.22 Cr | -₹13 Lakh | ₹8 Lakh |
| Net Change in Cash | -₹14 Lakh | -₹7 Lakh | ₹26 Lakh | ₹2 Lakh | -₹5 Lakh | -₹6 Lakh |
To see the full year-wise statements and ratios of Ideal Technoplast Industries Limited, buy the company report.
Board of directors and KMP of Ideal Technoplast Industries Limited
Ideal Technoplast Industries Limited currently reports 6 directors and 1 key managerial person.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rushiraj Zaverbhai Patel Also directs: Kshitij Polyline Limited, Gujarat Inject Kerala Ltd, Vasuki Global Industries Limited and 1 more | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Vipulbhai Dulabhai Mendapara | Managing Director | 23 Nov 2023 | 2 Years 11 Months | Current |
| Gauravbhai Chhaganbhai Gopani | Director | 23 Nov 2023 | 2 Years 11 Months | Current |
| Prafulkumar Karsanbhai Vaghasiya | Director | 23 Nov 2023 | 2 Years 11 Months | Current |
| Hardik Sureshbhai Kambodi | Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Neha Shaw Also directs: Kusum Products Ltd | Company Secretary | 21 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Ideal Technoplast Industries Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| Ideal Technoplast Industries Limitedthis company | ₹34.62 Cr (FY 2026) | ₹2.78 Cr | 8% | 21.6% | Olpad, Gujarat, India | |
| Skymap Packaging Private Limited | ₹29.31 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Balaji Sales Corporation Private Limited | ₹28.97 Cr (FY 2024) | 14.0% | Delhi, India | |||
| Bullion Flexipack Private Limited | ₹28.83 Cr (FY 2024) | -15.0% | Jarod, Gujarat, India |
To see the full peer comparison of Ideal Technoplast Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2026 | 101323516 | Hdfc Bank Limited | ₹49 Lakh | Open | |
| 26 Jun 2026 | 101316292 | Others | ₹56 Lakh | Open | |
| 01 May 2025 | 101096363 | Hdfc Bank Limited | ₹22 Cr | Open | |
| 31 Jul 2024 | 100969063 | Axis Bank Limited | ₹75.13 Lakh | Open | |
| 27 Mar 2024 | 100895241 | Others | ₹8.16 Cr | Open |
To see the full charge records of Ideal Technoplast Industries Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ideal Technoplast Industries Limited has 2 deals on record (1 rights issue, 1 ipo); the latest was in August 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | IPO | ₹16.03 Cr | Investors: IPO Shareholders - Ideal Technoplast Industries Limited |
| Feb 2024 | Rights issue | ₹2.28 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ideal Technoplast Industries Limited has 2 court cases on record: 1 filed by Ideal Technoplast Industries, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Mold-Tek Packaging Limited | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against Mold-Tek Packaging Limited | Disposed |
To see the full case history of Ideal Technoplast Industries 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 Ideal Technoplast Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ideal Technoplast Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCI4073R1Z1 | Gujarat | Active | 05 Jan 2024 |
To see the full GST registrations and return filing status of Ideal Technoplast Industries Limited, buy the company report.
Recent activity
Ideal Technoplast Industries Limited has 7 board changes on record since 2023: 7 appointments. The latest: Hardik Sureshbhai Kambodi was appointed as Director on 21 Feb 2024.
7 earlier events are in the company report.
Frequently asked questions
Ideal Technoplast Industries is an active public limited company based in Olpad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 23 November 2023 (3+ years old) and is registered under CIN L22203GJ2023PLC146444. Listed on NSE: IDEALTECHO.
Ideal Technoplast Industries reported revenue of ₹34.62 Cr for FY 2025-26 (up 21.6% YoY) based on standalone financials.
Ideal Technoplast Industries has 7 current directors and KMP:
- Vipulbhai Dulabhai Mendapara - Managing Director
- Rushiraj Zaverbhai Patel - Director
- Gauravbhai Chhaganbhai Gopani - Director
- Prafulkumar Karsanbhai Vaghasiya - Director
- Hardik Sureshbhai Kambodi - Director
- Shaista Afreen - Director
- Neha Shaw - Company Secretary
The latest financial statements of Ideal Technoplast Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Ideal Technoplast Industries is 24AAHCI4073R1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Ideal Technoplast Industries is L22203GJ2023PLC146444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ideal Technoplast Industries is a listed company as per MCA records. Its shares are listed on NSE (symbol: IDEALTECHO).
Ideal Technoplast Industries has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Ideal Technoplast Industries was incorporated on 23 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ideal Technoplast Industries has 2 deals on record (1 rights issue, 1 ipo); the latest was in August 2024.
The peers of Ideal Technoplast Industries by revenue are Skymap Packaging Private Limited, Balaji Sales Corporation Private Limited, Bullion Flexipack Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sample company reports
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