- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UK-06-0001769

Jigar Poly Plast Private Limited
About Jigar Poly Plast Private Limited
Data last updated:
Jigar Poly Plast Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 06 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC249822. Its GSTIN is 05AADCJ2065Q1ZA (Uttarakhand).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Jhalak Bhupendra Pokar and Dineshbhai Ratansibhai 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 2025. The registered office is at Shop – 17 Plot – 31 C B D Belapur Sector – 11 Belapur, Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.77 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹11.25 Lakh (net margin -6.4%) and EBITDA of ₹9.47 Lakh (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.15 Cr on record.
Jigar Poly Plast Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-06-0001769). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Jigar Poly Plast
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressShop – 17 Plot – 31 C B D Belapur Sector – 11 Belapur, Navi Mumbai, Maharashtra, India – 400614
- 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
The main business activity of Jigar Poly Plast is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics 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
Financials of Jigar Poly Plast Private Limited
FY 2025 filings availableJigar Poly Plast Private Limited reported revenue of ₹1.77 Cr (up 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 698% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹9.47 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹11.25 Lakh | |
| Balance Sheet | ||
| Share Capital | •••• | |
| Reserves and Surplus | •••• | |
| Net Worth (Total Equity) | •••• | |
| Long-term Borrowings | •••• | |
| Short-term Borrowings | •••• | |
| Trade Payables | •••• | |
| Total Liabilities | •••• | |
| Fixed Assets | •••• | |
| Investments | •••• | |
| Inventories | •••• | |
| Trade Receivables | •••• | |
| Cash and Bank Balance | •••• | |
| Total Assets | •••• | |
Financial Ratios
| Metrics | FY 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.4% | |
| Net Profit Margin | -6.4% | |
| 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, and every line for FY 2019-20 to FY 2022-23, 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 Jigar Poly Plast are in the company report.
: available in the company report
Board of Directors of Jigar Poly Plast Private Limited
Jigar Poly Plast has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jhalak Bhupendra Pokar | Director | 13 Dec 2016 | 9 Years 10 Months | Current |
| Dineshbhai Ratansibhai Patel Also directs: Today Housing Project LLP | Director | 10 Dec 2024 | 1 Years 10 Months | Current |
| Hemang Dineshbhai Patel | Director | 10 Dec 2024 | 1 Years 10 Months | Current |
| Akash Bhupendrabhai Pokar | Director | 17 Jun 2023 | 3 Years 4 Months | Current |
Peer Comparison
Jigar Poly Plast Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (manufacture of rubber and plastics products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Polytronics Technologies Private Limited | ₹1.77 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Chennai, Tamil Nadu, India |
| Bawana Plast Industries Private Limited | ₹1.77 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Delhi, India |
| Jigar Poly Plast Private Limited this company | ₹1.77 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | Navi Mumbai, Maharashtra, India |
| Vishwa Karma Plastics Private Limited | ₹1.76 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Delhi, India |
Peers are the companies nearest to Jigar Poly Plast by revenue, above and below it, in the Manufacturing industry (Plastic Based Products), with the same principal business activity (manufacture of rubber and plastics products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Jigar Poly Plast Private Limited is audited by AMIT BAJAJ & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMIT BAJAJ & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2014 | Bank of Baroda | ₹2.15 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Jigar Poly Plast.
: available in the company report
Recent Activity
Jigar Poly Plast Private Limited has 18 board changes on record since 2013: 11 appointments and 7 cessations. The latest: Dineshbhai Ratansibhai Patel was appointed as Director on 10 Dec 2024.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Jigar Poly Plast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AADCJ2065Q1ZA | Uttarakhand | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Jigar Poly Plast is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 06 November 2013 (13+ years old) and is registered under CIN U74999MH2013PTC249822.
Jigar Poly Plast has 4 current directors:
- Jhalak Bhupendra Pokar - Director
- Dineshbhai Ratansibhai Patel - Director
- Hemang Dineshbhai Patel - Director
- Akash Bhupendrabhai Pokar - Director
The latest financial statements of Jigar Poly Plast 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 Jigar Poly Plast is 05AADCJ2065Q1ZA, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Jigar Poly Plast is U74999MH2013PTC249822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jigar Poly Plast was incorporated on 06 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Jigar Poly Plast by revenue are Polytronics Technologies Private Limited, Bawana Plast Industries Private Limited, Vishwa Karma Plastics Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (manufacture of rubber and plastics products).
Dineshbhai Ratansibhai Patel was appointed as Director on 10 Dec 2024. Hemang Dineshbhai Patel was appointed as Director on 10 Dec 2024. Sanjay Pratap Shiv Mohan Singh ceased to be Director on 29 Jun 2023. Jigar Poly Plast has 18 board changes on record in total.
Yes, Jigar Poly Plast is registered as a micro enterprise under Udyam registration (number: UDYAM-UK-06-0001769).
The registered office of Jigar Poly Plast is at Shop – 17 Plot – 31 C B D Belapur Sector – 11 Belapur, Navi Mumbai, Maharashtra, India – 400614.
Jigar Poly Plast operates in the manufacturing industry, in the plastic-based products segment.