
Maizon Plast Industries LLP
About Maizon Plast Industries LLP
Data last updated:
Maizon Plast Industries LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 12 May 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAG-3578. Its GSTIN is 24ABCFM9067A1ZH (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Kalpeshbhai Jayantilal Sakaria and Manishkumar Jayantilal Sakaria.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 42 Basement Sarvoday Commercial Center Gpo Road Relief Road, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹3.24 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Lakh (net margin 0.5%) and EBITDA of ₹4.1 Cr (EBITDA margin 126.5%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the LLP has open charges of ₹11.46 Cr on record.
Company details
Contact details
Maizon Plast Industries LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address42 Basement Sarvoday Commercial Center Gpo Road Relief Road, Ahmedabad, Gujarat, India – 380001
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Maizon Plast Industries LLP, 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
Financials of Maizon Plast Industries LLP
FY 2024 filings availableMaizon Plast Industries LLP reported revenue of ₹3.24 Cr (down 36% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 36% fall in the latest year. EBITDA fell 24% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | ₹3.24 Cr | ||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹1.59 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.5% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Maizon Plast Industries LLP, buy the company report.
Designated partners of Maizon Plast Industries LLP
Maizon Plast Industries has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpeshbhai Jayantilal Sakaria Also directs: Ambica Polycare Private Limited | Designated Partner | 12 May 2016 | 10 Years 5 Months | Current |
| Manishkumar Jayantilal Sakaria | Designated Partner | 12 May 2016 | 10 Years 5 Months | Current |
| Vineshkumar Jayanti Shakaria Also directs: Ambica Polycare Private Limited | Designated Partner | 12 May 2016 | 10 Years 5 Months | Current |
Auditor
Maizon Plast Industries LLP is audited by SANJAY BAJORIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY BAJORIA & ASSOCIATES | FY 2021 | 117443W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2016 | 100150034 | Bank of India Sabarmati Branch | ₹6.3 Cr | Open | |
| 18 Jul 2016 | 100149253 | Bank of India Sabarmati Branch | ₹2.5 Cr | Open | |
| 18 Jul 2016 | 100149931 | Bank of India Sabarmati Branch | ₹2.66 Cr | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Maizon Plast Industries LLP 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 Maizon Plast Industries LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maizon Plast Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABCFM9067A1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maizon Plast Industries LLP, buy the company report.
Recent activity
Maizon Plast Industries LLP has 3 designated partner changes on record since 2016: 3 appointments. The latest: Kalpeshbhai Jayantilal Sakaria was appointed as Designated Partner on 12 May 2016.
Frequently asked questions
Maizon Plast Industries is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in plastic-based products, within the manufacturing industry. It was incorporated on 12 May 2016 (10+ years old) and is registered under LLPIN AAG-3578.
Maizon Plast Industries has 3 current designated partners:
- Kalpeshbhai Jayantilal Sakaria - Designated Partner
- Manishkumar Jayantilal Sakaria - Designated Partner
- Vineshkumar Jayanti Shakaria - Designated Partner
The latest financial statements of Maizon Plast Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Maizon Plast Industries is 24ABCFM9067A1ZH, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Maizon Plast Industries is AAG-3578. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Maizon Plast Industries was incorporated on 12 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kalpeshbhai Jayantilal Sakaria was appointed as Designated Partner on 12 May 2016. Manishkumar Jayantilal Sakaria was appointed as Designated Partner on 12 May 2016. Vineshkumar Jayanti Shakaria was appointed as Designated Partner on 12 May 2016.
The registered office of Maizon Plast Industries is at 42 Basement Sarvoday Commercial Center Gpo Road Relief Road, Ahmedabad, Gujarat, India – 380001.
Maizon Plast Industries operates in the manufacturing industry, in the plastic-based products segment.
Maizon Plast Industries has open charges of ₹11.46 Cr and no satisfied charges on record as per latest MCA filings.