MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0033477
International Plastic Sourcing Private Limited - trading in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.15 Cr
▲ 27% YoY
Net profit · FY 2025
₹25.54 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹70.27 Lakh
EBITDA margin 1.9%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹11.12 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹3.7 Cr
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About International Plastic Sourcing Private Limited
Data last updated:
International Plastic Sourcing Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 18 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25111GJ2014PTC079194. Its GSTIN is 24AAJCM1749C1ZP (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹11.12 Lakh. It was formerly known as Polymer Global Sourcing Private Limited and Muscat Global Impex Private Limited. It is led by directors Vipul Lakhabhai Vekariya and Gaurav Bharatbhai Mithani.
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 City Survey No 3320 E Plot No 3 B – 1 Doshi Corporate Park Akshar Road, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.15 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹25.54 Lakh (net margin 0.7%) and EBITDA of ₹70.27 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹3.7 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
International Plastic Sourcing Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0033477). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muscatglobalimpex.com.
Company details
CIN U25111GJ2014PTC079194
Registration Number 079194
Incorporation Date 18 March 2014
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 Small
Udyam Registration UDYAM-GJ-20-0033477
Name history
International Plastic Sourcing has undergone 3 name changes throughout its history. The company was previously known as Polymer Global Sourcing Private Limited, Muscat Global Impex Private Limited, and Global Plastic Sourcing Private Limited. The current legal name is International Plastic Sourcing Private Limited.
| Company Name | Status |
|---|---|
| International Plastic Sourcing Private Limited | Current |
| Polymer Global Sourcing Private Limited | Previous |
| Muscat Global Impex Private Limited | Previous |
| Global Plastic Sourcing Private Limited | Previous |
CIN history
International Plastic Sourcing has one previous CIN (Corporate Identification Number): U51101GJ2014PTC079194. The current CIN is U25111GJ2014PTC079194, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25111GJ2014PTC079194 | Current |
| U51101GJ2014PTC079194 | Previous |
Recognitions & Rankings of International Plastic Sourcing
Contact details
International Plastic Sourcing Private Limited's registered office is in Rajkot, Gujarat. Its website is muscatglobalimpex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCity Survey No 3320 E Plot No 3 B – 1 Doshi Corporate Park Akshar Road, Rajkot, Gujarat, India – 360001
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of International Plastic Sourcing Private Limited, buy the company report.
Comprehensive company report
International Plastic Sourcing 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 International Plastic Sourcing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of International Plastic Sourcing Private Limited, buy the company report.
Financials of International Plastic Sourcing Private Limited
FY 2025 filings availableInternational Plastic Sourcing Private Limited reported revenue of ₹36.15 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹36.15 Cr ▲ 27%
Net profit · FY 2025
₹25.54 Lakh margin 0.7%
EBITDA · FY 2025
₹70.27 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 22%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 7%
5 years · compounded
▲ 64%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 27% growth in the latest year. EBITDA rose 9% 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 |
|---|---|---|---|---|---|
| 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 | ₹70.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.54 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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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 | 1.9% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity 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 International Plastic Sourcing Private Limited, buy the company report.
Board of directors of International Plastic Sourcing Private Limited
International Plastic Sourcing has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Lakhabhai Vekariya | Director | 03 Jun 2023 | 3 Years 5 Months | Current |
| Gaurav Bharatbhai Mithani Also directs: Rajkot Commodities Limited | Director | 01 Oct 2022 | 4 Years 1 Months | Current |
Peer comparison
International Plastic Sourcing Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Irvine Technologies Private Limited | ₹36.18 Cr (FY 2024) | 22.0% | New Delhi, Delhi, India | |||
| Bihariji Agro Foods Private Limited | ₹36.16 Cr (FY 2024) | -3.0% | New Delhi, Delhi, India | |||
| Jhunjhunuwala Textiles Private Limited | ₹36.16 Cr (FY 2025) | 28.0% | Surat, Gujarat, India | |||
| Y S T Fragrances Private Limited | ₹36.16 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Shrestha Agriculture Sales Private Limited | ₹36.15 Cr (FY 2025) | 2.0% | Delhi, India | |||
| International Plastic Sourcing Private Limitedthis company | ₹36.15 Cr (FY 2025) | ₹25.54 Lakh | 0.7% | 27.0% | Rajkot, Gujarat, India | |
| Kushal Sales and Agencies Private Limited | ₹36.15 Cr (FY 2025) | 34.0% | Mumbai, Maharashtra, India | |||
| RK Pratham Trading and Manufacturing Private Limited | ₹36.14 Cr (FY 2024) | 26.0% | Pinjore, Haryana, India | |||
| United Control Engineers India Private Limited | ₹36.14 Cr (FY 2025) | -10.0% | Bishrakh, Uttar Pradesh, India | |||
| Raja Paints India Private Limited | ₹36.13 Cr (FY 2025) | 5.0% | Gurgaon, Haryana, India | |||
| Dolphin International Private Limited | ₹36.13 Cr (FY 2022) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of International Plastic Sourcing Private Limited, buy the company report.
Auditor
International Plastic Sourcing Private Limited is audited by SHALIN V. PATEL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHALIN V. PATEL & CO. | FY 2023 | 127626W |
Shareholding
The shareholding of International Plastic Sourcing Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of International Plastic Sourcing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹3.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2022 | 100546867 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 05 Mar 2016 | 10625522 | Hdfc Bank Limited | ₹1.6 Cr | Satisfied | |
| 23 Feb 2016 | 10625584 | Hdfc Bank Limited | ₹2.1 Cr | Satisfied |
To see the full charge records of International Plastic Sourcing Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
International Plastic Sourcing Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Company petition | Filed against the company by an individual | Pending |
To see the full case history of International Plastic Sourcing 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 International Plastic Sourcing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
International Plastic Sourcing has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCM1749C1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of International Plastic Sourcing Private Limited, buy the company report.
Recent activity
International Plastic Sourcing Private Limited has 11 board changes on record since 2018: 2 appointments and 9 cessations. The latest: Sharad Laxmichand Sheth ceased to be Director on 03 Jun 2023.
AGM
International Plastic Sourcing Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
International Plastic Sourcing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Sharad Laxmichand Sheth ceased to be Director.
Appointed
Vipul Lakhabhai Vekariya was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 200.00 Lakh registered on 09 Mar 2022 with Charge ID 100546867 was modified on 09 Nov 2022.
Appointed
Gaurav Bharatbhai Mithani was appointed as Director.
Ceased
Vipulbhai Bhupatbhai Joshi ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100546867 was registered on 09 Mar 2022.
Charges
A charge registered on 05 Mar 2016 via Charge ID 10625522 with Hdfc Bank Limited was fully satisfied on 29 May 2021.
Charges
A charge registered on 23 Feb 2016 via Charge ID 10625584 with Hdfc Bank Limited was fully satisfied on 29 May 2021.
Ceased
Biraj Niraj Doshi ceased to be Director.
Ceased
Jayshree Rajivkumar Doshi ceased to be Director.
10 earlier events are in the company report.
Frequently asked questions
International Plastic Sourcing is an active private limited company based in Rajkot, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 18 March 2014 (12+ years old) and is registered under CIN U25111GJ2014PTC079194.
International Plastic Sourcing has 2 current directors:
- Vipul Lakhabhai Vekariya - Director
- Gaurav Bharatbhai Mithani - Director
The latest financial statements of International Plastic Sourcing 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 International Plastic Sourcing is 24AAJCM1749C1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of International Plastic Sourcing is U25111GJ2014PTC079194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
International Plastic Sourcing has 1 court case on record: 1 filed against it. 1 is pending.
International Plastic Sourcing was incorporated on 18 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of International Plastic Sourcing by revenue are Irvine Technologies Private Limited, Bihariji Agro Foods Private Limited, Jhunjhunuwala Textiles Private Limited, Y S T Fragrances Private Limited, Shrestha Agriculture Sales Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Sharad Laxmichand Sheth ceased to be Director on 03 Jun 2023. Vipul Lakhabhai Vekariya was appointed as Director on 03 Jun 2023. Gaurav Bharatbhai Mithani was appointed as Director on 01 Oct 2022. International Plastic Sourcing has 11 board changes on record in total.
Yes, International Plastic Sourcing is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0033477).
International Plastic Sourcing can be reached through the website muscatglobalimpex.com. Its registered office is in Rajkot, Gujarat, India.
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