- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-28-0001392

About Mahishmati Plastics Private Limited
Data last updated:
Mahishmati Plastics Private Limited is a private limited company based in Nimrani, Madhya Pradesh, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 27 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25200MP2015PTC034892. Its GSTIN is 23AAJCM9974H2ZX (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Manish Patidar and Virendra Patidar.
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 22A Iidc, Nimrani, Madhya Pradesh, India – 451660.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.89 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹20.82 Lakh (net margin 1.2%) and EBITDA of ₹1.68 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 294% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.42 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 8 cases involving the company, including 8 filed against it; 3 cases are pending.
Mahishmati Plastics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-28-0001392). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahishmatiplastic.com.
Company details
Recognitions & Rankings of Mahishmati Plastics
Contact details
Mahishmati Plastics Private Limited's registered office is in Nimrani, Madhya Pradesh. Its website is mahishmatiplastic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22A Iidc, Nimrani, Madhya Pradesh, India – 451660
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Mahishmati Plastics Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mahishmati Plastics 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 Mahishmati Plastics Private Limited, buy the company report.
Financials of Mahishmati Plastics Private Limited
FY 2024 filings availableMahishmati Plastics Private Limited reported revenue of ₹17.89 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 294% over three years, including 5% growth in the latest year. EBITDA fell 6% 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 | ₹1.68 Cr | ||||
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| Net Profit (PAT) | ₹20.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Mahishmati Plastics Private Limited, buy the company report.
Board of directors of Mahishmati Plastics Private Limited
Mahishmati Plastics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Patidar | Director | 27 Oct 2015 | 10 Years 11 Months | Current |
| Virendra Patidar | Director | 27 Oct 2015 | 10 Years 11 Months | Current |
| Subhash Chand | Director | 12 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Mahishmati Plastics Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Aadi Polyextrusion & Moulding Private Limited | ₹18 Cr (FY 2024) | 15.0% | Cuttack, Odisha, India | |||
| R.E Polytechnologies Private Limited | ₹18 Cr (FY 2025) | 6.0% | Vadodara, Gujarat, India | |||
| Family Plastic Private Limited | ₹17.91 Cr (FY 2025) | 7.0% | Thiruvananthapuram, Kerala, India | |||
| Virtue Plast Private Limited | ₹17.9 Cr (FY 2024) | 16.0% | Navi Mumbai, Maharashtra, India | |||
| Mahishmati Plastics Private Limitedthis company | ₹17.89 Cr (FY 2024) | ₹20.82 Lakh | 1.2% | 5.0% | 9 | Nimrani, Madhya Pradesh, India |
| Plenty Plastics Private Limited | ₹17.89 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| A H Plastics Private Limited | ₹17.8 Cr (FY 2024) | -14.0% | Hardwar, Uttarakhand, India | |||
| BKG Automotive Private Limited | ₹17.75 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mahishmati Plastics Private Limited, buy the company report.
Auditor
Mahishmati Plastics Private Limited is audited by PAWAN SHRIMAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAN SHRIMAL & CO. | FY 2023 | 015568C |
Shareholding
The shareholding of Mahishmati Plastics 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahishmati Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2023 | 100760107 | Sidbi | ₹1.79 Cr | Open | |
| 05 Jul 2023 | 100755298 | Canara Bank | ₹8.38 Cr | Open | |
| 24 Mar 2023 | 100709012 | Others | ₹1.45 Cr | Open | |
| 23 Jul 2021 | 100472097 | State Bank of India | ₹80 Lakh | Open | |
| 23 Jul 2019 | 100289848 | Others | ₹6.5 Cr | Satisfied |
To see the full charge records of Mahishmati Plastics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mahishmati Plastics Private Limited has 8 court cases on record: 8 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Protium Finance Limited | Pending |
| District court, Nagpur, Maharashtra | Court case (Reg Dkst) | Filed against the company by Rama Polythread Pvt Ltd | Disposed |
| District court, Nagpur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Rama Polythread Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Aditya Birla Finance Limited | Disposed |
To see the full case history of Mahishmati Plastics 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 Mahishmati Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahishmati Plastics Private Limited has a workforce of 9 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Mahishmati Plastics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCM9974H2ZX | Madhya Pradesh | Active | 31 Jul 2019 |
To see the full GST registrations and return filing status of Mahishmati Plastics Private Limited, buy the company report.
Recent activity
Mahishmati Plastics Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Subhash Chand was appointed as Director on 12 Feb 2023.
4 earlier events are in the company report.
Frequently asked questions
Mahishmati Plastics is an active private limited company based in Nimrani, Madhya Pradesh, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 27 October 2015 (11+ years old) and is registered under CIN U25200MP2015PTC034892.
Mahishmati Plastics has 3 current directors:
- Manish Patidar - Director
- Virendra Patidar - Director
- Subhash Chand - Director
The latest financial statements of Mahishmati Plastics 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 2016 are in the company report.
The GSTIN of Mahishmati Plastics is 23AAJCM9974H2ZX, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahishmati Plastics is U25200MP2015PTC034892. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahishmati Plastics has 8 court cases on record: 8 filed against it. 3 are pending.
Mahishmati Plastics was incorporated on 27 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mahishmati Plastics by revenue are Aadi Polyextrusion & Moulding Private Limited, R.E Polytechnologies Private Limited, Family Plastic Private Limited, Virtue Plast Private Limited, Plenty Plastics Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Subhash Chand was appointed as Director on 12 Feb 2023. Pravin Patidar ceased to be Additional Director on 18 Apr 2022. Sunil Patidar ceased to be Director on 03 Feb 2021. Mahishmati Plastics has 5 board changes on record in total.
Yes, Mahishmati Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-MP-28-0001392).
Mahishmati Plastics can be reached through the website mahishmatiplastic.com. Its registered office is in Nimrani, Madhya Pradesh, India.