About I-Tech Plast India Private Limited
Data last updated:
I-Tech Plast India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 12 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2003PTC141712.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.18 Cr. It is led by directors including Chintan Ashwin Parekh (Managing Director) and Siddhartha Dave Labhshankar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 32 Kamani Chamber 2nd Floor Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.27 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.42 Cr (net margin 4.5%) and EBITDA of ₹6.96 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 334 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: iTech Plast. As per MCA filings, the company has satisfied charges of ₹4.81 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.58 Cr; the latest was in March 2016. Its 10 peer companies in the Machinery and Equipment industry (Tools and Components) are compared by revenue, 5 larger and 5 smaller; the largest is E L Forge Limited with revenue of ₹76.72 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 itechplast.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address32 Kamani Chamber 2nd Floor Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryManufacturing, Plastic-Based 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
- One PDF report, delivered after checkout
Business Activity of I-Tech Plast India Private Limited
The main business activity of I-Tech Plast India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of I-Tech Plast India Private Limited FY 2025 filings available
I-Tech Plast India Private Limited reported revenue of ₹75.27 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of I-Tech Plast India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 31% growth in the latest year. EBITDA fell 5% 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 of I-Tech Plast India Private Limited
| 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 | ₹6.96 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.42 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of I-Tech Plast India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of I-Tech Plast India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of I-Tech Plast India Private Limited
I-Tech Plast India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E L Forge Limited Listed | ₹76.72 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Appur Village, Tamil Nadu, India |
| Savera Press Comps Private Limited | ₹76.56 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Aurangabad, Maharashtra, India |
| Siddhi CNC Private Limited | ₹76.29 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Ahmednagar, Maharashtra, India |
| Tabsons India Innovators Private Limited | ₹75.82 Cr (FY 2025) | •••• | •••• | 190.0% | •••• | Delhi, India |
| Aq Mechanical & Electrical Manufacturing India Private Limited | ₹75.54 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Pune, Maharashtra, India |
| I-Tech Plast India Private Limited this company | ₹75.27 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| Nagata India Private Limited | ₹75.27 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Haryana, India |
| Esgi Tools Private Limited | ₹75.19 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Patiala, Punjab, India |
| Taj Forging Private Limited | ₹74.66 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Faridabad, Haryana, India |
| Manjira Machinebuilders Private Limited | ₹74.58 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Telangana, India |
| Veda Excom Private Limited | ₹74.12 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Jamnagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below I-Tech Plast India by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of I-Tech Plast India Private Limited
I-Tech Plast India Private Limited is audited by SANGHAVI & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANGHAVI & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of I-Tech Plast India Private Limited
I-Tech Plast India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhartha Dave Labhshankar Also directs: Industrial Jewels Private Limited | Director | 14 Jul 2014 | 12 Years 2 Months | Current |
| Bhavesh Purushottamdas Padia Also directs: Industrial Jewels Private Limited | Additional Director | 20 Feb 2017 | 9 Years 7 Months | Current |
| Chintan Ashwin Parekh Also directs: Industrial Technologies LLP, Brightsun Consultancy Services LLP, Innovative Microtechnologies LLP and 2 more | Managing Director | 12 Aug 2003 | 23 Years 2 Months | Current |
Ownership and Shareholding of I-Tech Plast India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of I-Tech Plast India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2011 | State Bank of India | ₹4.81 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of I-Tech Plast India Private Limited
I-Tech Plast India Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.58 Cr; the latest was in March 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Industrial Jewels Private Limited , an individual |
| Jul 2014 | Funding round | ₹1.18 Cr | Investors: Industrial Jewels Private Limited , an individual |
| Jan 2012 | Funding round | ₹3 Cr | Investors: Industrial Jewels Private Limited , 3 individuals |
| Apr 2009 | Funding round | ₹1.4 Cr | Investors: Industrial Jewels Private Limited , an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Industrial Jewels Private Limited Seller: 2 individuals |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of I-Tech Plast India Private Limited
I-Tech Plast India Private Limited has 2 court cases on record: 2 filed by I-Tech Plast India. 1 case is pending and 1 is disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with I-Tech Plast India Private Limited
I-Tech Plast India operates one associated brand: iTech Plast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures precision plastic parts for automotive, toys, and other sectors worldwide. | itechplast.com |
Employees and EPFO Compliance at I-Tech Plast India Private Limited
I-Tech Plast India Private Limited has a workforce of 334 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on I-Tech Plast India Private Limited
I-Tech Plast India Private Limited has 8 board changes on record since 2003: 3 appointments and 5 cessations. The latest: Sonali Chintan Parekh ceased to be Additional Director on 31 Mar 2018.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for I-Tech Plast India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by I-Tech Plast India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of I-Tech Plast India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of I-Tech Plast India Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of I-Tech Plast India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about I-Tech Plast India Private Limited
I-Tech Plast India is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 12 August 2003 (23+ years old) and is registered under CIN U25209MH2003PTC141712.
I-Tech Plast India reported revenue of ₹75.27 Cr for FY 2025 (up 31% YoY).
I-Tech Plast India has 3 current directors:
- Chintan Ashwin Parekh - Managing Director
- Siddhartha Dave Labhshankar - Director
- Bhavesh Purushottamdas Padia - Additional Director
I-Tech Plast India reported a net profit of ₹3.42 Cr (net margin 4.5%) and EBITDA of ₹6.96 Cr (EBITDA margin 9.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of I-Tech Plast India is 10% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of I-Tech Plast India is U25209MH2003PTC141712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
I-Tech Plast India has 2 court cases on record: 2 filed by the company. 1 is pending.
I-Tech Plast India was incorporated on 12 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
I-Tech Plast India has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.58 Cr; the latest was in March 2016.
The peers of I-Tech Plast India by revenue are E L Forge Limited, Savera Press Comps Private Limited, Siddhi CNC Private Limited, Tabsons India Innovators Private Limited, Aq Mechanical & Electrical Manufacturing India Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Sonali Chintan Parekh ceased to be Additional Director on 31 Mar 2018. Bhavesh Purushottamdas Padia ceased to be Additional Director on 30 Sep 2017. Bhavesh Purushottamdas Padia was appointed as Additional Director on 20 Feb 2017. I-Tech Plast India has 8 board changes on record in total.