Maizon Plast Industries LLP

Maizon Plast Industries LLP - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAG-3578 Incorporated 12 May 2016 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Limited Liability Partnership manufacturing
Data last updated
Revenue · FY 2021
₹3.24 Cr
▼ 36% YoY
Net profit · FY 2021
₹1.59 Lakh
Net margin 0.5%
EBITDA · FY 2021
₹4.1 Cr
EBITDA margin 126.5%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹11.46 Cr
Secured borrowings
LLP age
10 yrs
Est. 2016
Designated partners
3
As per MCA filings
Active GSTINs
1
GST registered

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

LLPIN AAG-3578
Incorporation Date 12 May 2016
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024

Contact details

Maizon Plast Industries LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    42 Basement Sarvoday Commercial Center Gpo Road Relief Road, Ahmedabad, Gujarat, India – 380001
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Maizon Plast Industries LLP, buy the company report.

Comprehensive company report
Maizon Plast Industries LLP - 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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Financials of Maizon Plast Industries LLP

FY 2024 filings available

Maizon Plast Industries LLP reported revenue of ₹3.24 Cr (down 36% YoY) for FY 2021.

Revenue · FY 2021
₹3.24 Cr ▼ 36%
Net profit · FY 2021
₹1.59 Lakh margin 0.5%
EBITDA · FY 2021
₹4.1 Cr margin 126.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 11%

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 SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 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 SolvencyFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
Net Profit Margin0.5%
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.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Kalpeshbhai Jayantilal SakariaDesignated Partner12 May 201610 Years 5 MonthsCurrent
Manishkumar Jayantilal SakariaDesignated Partner12 May 201610 Years 5 MonthsCurrent
Vineshkumar Jayanti ShakariaDesignated Partner12 May 201610 Years 5 MonthsCurrent

Auditor

Maizon Plast Industries LLP is audited by SANJAY BAJORIA & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SANJAY BAJORIA & ASSOCIATESFY 2021117443W

Charges & borrowings

Open charges
₹11.46 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of India Sabarmati Branch₹11.46 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Aug 2016100150034Bank of India Sabarmati Branch₹6.3 CrOpen
18 Jul 2016100149253Bank of India Sabarmati Branch₹2.5 CrOpen
18 Jul 2016100149931Bank of India Sabarmati Branch₹2.66 CrOpen

Total charge records: 3 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24ABCFM9067A1ZHGujaratActive01 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.

AGM
Maizon Plast Industries Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Maizon Plast Industries Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Bank Of India Sabarmati Branch amounted to Rs. 630.00 Lakh with Charge ID 100150034 was registered on 24 Aug 2016.
Charges
A charge with Bank Of India Sabarmati Branch amounted to Rs. 250.00 Lakh with Charge ID 100149253 was registered on 18 Jul 2016.
Charges
A charge with Bank Of India Sabarmati Branch amounted to Rs. 266.00 Lakh with Charge ID 100149931 was registered on 18 Jul 2016.
Appointed
Kalpeshbhai Jayantilal Sakaria was appointed as Designated Partner.
Appointed
Manishkumar Jayantilal Sakaria was appointed as Designated Partner.
Appointed
Vineshkumar Jayanti Shakaria was appointed as Designated Partner.
Incorporation
12 May 2016
Maizon Plast Industries Llp was registered on 12 May 2016 with Roc Ahmedabad & aged 10 years 5 months as per MCA records.

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:

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.