MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0018328
Madhavan Polyplast Private Limited
Madhavan Polyplast Private Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.62 Cr
▼ 25% YoY
Net profit · FY 2024
₹1.22 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹17.93 Lakh
EBITDA margin 5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹73.2 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Madhavan Polyplast Private Limited
Data last updated:
Madhavan Polyplast Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 04 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36990GJ2019PTC105896. Its GSTIN is 24AAMCM3394G1Z9 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nikhil Manjibhai Sonani and Chirag Manjibhai Sonani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.62 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.22 Lakh (net margin 0.3%) and EBITDA of ₹17.93 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 110% over five years.
As per MCA filings, the company has open charges of ₹73.2 Lakh on record.
Madhavan Polyplast Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0018328).
Company details
CIN U36990GJ2019PTC105896
Registration Number 105896
Incorporation Date 04 January 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0018328
Recognitions & Rankings of Madhavan Polyplast
Contact details
Madhavan Polyplast Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 62 Rev.Sur No 183 P2 186 P2 183 P3 Rivera Industrial Zone Village Gundasara Talu, Ko Gondal, Rajkot, Gujarat, India – 360311
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Madhavan Polyplast Private Limited, buy the company report.
Comprehensive company report
Madhavan Polyplast 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 Madhavan Polyplast 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 Madhavan Polyplast Private Limited, buy the company report.
Financials of Madhavan Polyplast Private Limited
FY 2024 filings availableMadhavan Polyplast Private Limited reported revenue of ₹3.62 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹3.62 Cr ▼ 25%
Net profit · FY 2024
₹1.22 Lakh margin 0.3%
EBITDA · FY 2024
₹17.93 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 19%
5 years · compounded
▲ 110%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 65%
5 years · compounded
▲ 125%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 110%. EBITDA fell 8% 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 | ₹17.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.22 Lakh | ||||
| Balance Sheet | |||||
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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 | 5% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Madhavan Polyplast Private Limited, buy the company report.
Board of directors of Madhavan Polyplast Private Limited
Madhavan Polyplast has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Manjibhai Sonani Also directs: Neel Infracon Private Limited | Director | 04 Jan 2019 | 7 Years 9 Months | Current |
| Chirag Manjibhai Sonani Also directs: Neel Infracon Private Limited, Iconik Technolab Private Limited | Director | 04 Jan 2019 | 7 Years 9 Months | Current |
Auditor
Madhavan Polyplast Private Limited is audited by P N RANGANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P N RANGANI & ASSOCIATES | FY 2023 | 602392 |
Shareholding
The shareholding of Madhavan Polyplast Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Madhavan Polyplast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹73.2 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2022 | 100542911 | Others | ₹41.6 Lakh | Open | |
| 19 Feb 2022 | 100542912 | Others | ₹31.6 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Madhavan Polyplast Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhavan Polyplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhavan Polyplast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCM3394G1Z9 | Gujarat | Active | 21 Jan 2019 |
To see the full GST registrations and return filing status of Madhavan Polyplast Private Limited, buy the company report.
Recent activity
Madhavan Polyplast Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Chirag Manjibhai Sonani was appointed as Director on 04 Jan 2019.
AGM
Madhavan Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Madhavan Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 41.60 Lakh with Charge ID 100542911 was registered on 19 Feb 2022.
Charges
A charge with Others amounted to Rs. 31.60 Lakh with Charge ID 100542912 was registered on 19 Feb 2022.
Appointed
Chirag Manjibhai Sonani was appointed as Director.
Appointed
Nikhil Manjibhai Sonani was appointed as Director.
Incorporation
04 Jan 2019
Madhavan Polyplast Private Limited was registered on 04 Jan 2019 with Roc Ahmedabad & aged 7 years 9 months as per MCA records.
Frequently asked questions
Madhavan Polyplast is an active private limited company based in Rajkot, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 04 January 2019 (7+ years old) and is registered under CIN U36990GJ2019PTC105896.
Madhavan Polyplast has 2 current directors:
- Nikhil Manjibhai Sonani - Director
- Chirag Manjibhai Sonani - Director
The latest financial statements of Madhavan Polyplast on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Madhavan Polyplast is 24AAMCM3394G1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Madhavan Polyplast is U36990GJ2019PTC105896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhavan Polyplast was incorporated on 04 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chirag Manjibhai Sonani was appointed as Director on 04 Jan 2019. Nikhil Manjibhai Sonani was appointed as Director on 04 Jan 2019.
Yes, Madhavan Polyplast is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0018328).
The registered office of Madhavan Polyplast is at Plot No 62 Rev.Sur No 183 P2 186 P2 183 P3 Rivera Industrial Zone Village Gundasara Talu, Ko Gondal, Rajkot, Gujarat, India – 360311.
Madhavan Polyplast operates in the manufacturing industry, in the plastic-based products segment.