About Makwell Plastisizers Private Limited
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Makwell Plastisizers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 29 December 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1992PTC070204. Its GSTIN is 27AAACM3126E1ZX (Maharashtra). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11.48 Lakh. It is led by directors including Indumati Kishor Thakker and Zubin Kishor Thakker.
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 522/523 5th Floor D Wing Neelkanth Business Park Kirol Village Vidhyavihar (W), Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹324.88 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.19 Cr (net margin 2.5%) and EBITDA of ₹14.76 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 16% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹42 Cr and satisfied charges of ₹4.42 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 2 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in September 2024. Its 6 peer companies in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Servo Packaging Limited with revenue of ₹335.3 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makwellgroup.com.
Company details
Contact details
Makwell Plastisizers Private Limited's registered office is in Mumbai, Maharashtra. Its website is makwellgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address522/523 5th Floor D Wing Neelkanth Business Park Kirol Village Vidhyavihar (W), Mumbai, Maharashtra, India – 400086
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Makwell Plastisizers 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 Makwell Plastisizers 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 Makwell Plastisizers Private Limited, buy the company report.
Financials of Makwell Plastisizers Private Limited
FY 2025 filings availableMakwell Plastisizers Private Limited reported revenue of ₹324.88 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 39% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.76 Cr | ||||
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| Net Profit (PAT) | ₹8.19 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Makwell Plastisizers Private Limited, buy the company report.
Board of directors of Makwell Plastisizers Private Limited
Makwell Plastisizers has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Indumati Kishor Thakker Also directs: Makwell Organics Private Limited | Director | 21 Jan 2015 | 11 Years 9 Months | Current |
| Zubin Kishor Thakker | Director | 16 Jan 1999 | 27 Years 9 Months | Current |
| Hiren Shashikant Thakker Also directs: Makwell Organics Private Limited, MVKP Chemtrade LLP | Director | 29 Dec 1992 | 33 Years 10 Months | Current |
| Amresh Kishor Thakker Also directs: Makwell Organics Private Limited, Makwell Petrochem LLP | Director | 29 Dec 1992 | 33 Years 10 Months | Current |
| Vishal Shashikant Thakker Also directs: Makwell Organics Private Limited, MVKP Chemtrade LLP | Director | 16 Jan 1999 | 27 Years 9 Months | Current |
Peer comparison
Makwell Plastisizers Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), 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 |
|---|---|---|---|---|---|---|
| Servo Packaging Limited | ₹335.3 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Prime Comfort Products Private Limited | ₹331.35 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Ascend Performance Materials India Private Limited | ₹328.22 Cr (FY 2025) | 16.0% | Sriperumbudur, Tamil Nadu, India | |||
| Eoc Polymers India Private Limited | ₹327.49 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Makwell Plastisizers Private Limitedthis company | ₹324.88 Cr (FY 2025) | ₹8.19 Cr | 2.5% | -10.0% | 30 | Mumbai, Maharashtra, India |
| Soltex Petro Products Ltd. | ₹323.94 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Sonali Polymers Private Limited | ₹320.74 Cr (FY 2025) | 14.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Makwell Plastisizers Private Limited, buy the company report.
Auditor
Makwell Plastisizers Private Limited is audited by S C VORA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C VORA & CO | FY 2023 | 125176W |
Shareholding
The shareholding of Makwell Plastisizers 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 Makwell Plastisizers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2008 | 10133529 | 3I Infotech Trusteeship Services Limited | ₹6.5 Cr | Open | |
| 12 Oct 2007 | 10070802 | 3I Infotech Trusteeship Services Limited | ₹9.5 Cr | Open | |
| 16 Feb 2002 | 90352971 | Citi Bank N.A. | ₹26 Cr | Open | |
| 16 Feb 2002 | 90351628 | Citi Bank N.A. | ₹4.2 Cr | Satisfied | |
| 07 Jun 1994 | 90346644 | Bank of Baroda | ₹22 Lakh | Satisfied |
To see the full charge records of Makwell Plastisizers Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Makwell Plastisizers Private Limited has 5 deals on record (5 secondary share transfers); the latest was in September 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Neelkanth Mansions and Infrastructure Private Limited , 2 individuals |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Makwell Plastisizers Private Limited has 9 court cases on record: 7 filed by Makwell Plastisizers, 2 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 2 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed by the company against Baba Flooring Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Shiva Granito Export Limited and 8 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Apollo Polyvinyl Pvt.Ltd and 2 Ors. and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Excello Chemicals and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Arya Hi-Tech Pipe and Component Pvt. Ltd. | Disposed |
To see the full case history of Makwell Plastisizers 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 Makwell Plastisizers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Makwell Plastisizers Private Limited has a workforce of 30 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Makwell Plastisizers has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3126E1ZX | Maharashtra | Active | 01 Jul 2017 |
| 27AAACM3126E2ZW | Maharashtra | Active | 21 Jan 2025 |
| 24AAACM3126E1Z3 | Gujarat | Active | 01 Jul 2017 |
| 06AAACM3126E1Z1 | Haryana | Active | 11 Nov 2022 |
To see the full GST registrations and return filing status of Makwell Plastisizers Private Limited, buy the company report.
Recent activity
Makwell Plastisizers Private Limited has 7 board changes on record since 1992: 5 appointments and 2 cessations. The latest: Shashikant Nemchand Thakkar ceased to be Director on 12 Nov 2025.
9 earlier events are in the company report.
Frequently asked questions
Makwell Plastisizers is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 29 December 1992 (34+ years old) and is registered under CIN U25209MH1992PTC070204.
Makwell Plastisizers has 5 current directors:
- Indumati Kishor Thakker - Director
- Zubin Kishor Thakker - Director
- Hiren Shashikant Thakker - Director
- Amresh Kishor Thakker - Director
- Vishal Shashikant Thakker - Director
The latest financial statements of Makwell Plastisizers 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 Makwell Plastisizers is 27AAACM3126E1ZX, registered in Maharashtra. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACM3126E2ZW (Maharashtra), 24AAACM3126E1Z3 (Gujarat), 06AAACM3126E1Z1 (Haryana).
The CIN (Corporate Identification Number) of Makwell Plastisizers is U25209MH1992PTC070204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makwell Plastisizers has 9 court cases on record: 7 filed by the company and 2 filed against it. 2 are pending.
Makwell Plastisizers was incorporated on 29 December 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Makwell Plastisizers has 5 deals on record (5 secondary share transfers); the latest was in September 2024.
The peers of Makwell Plastisizers by revenue are Servo Packaging Limited, Prime Comfort Products Private Limited, Ascend Performance Materials India Private Limited, Eoc Polymers India Private Limited, Soltex Petro Products Ltd. and 1 more, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Shashikant Nemchand Thakkar ceased to be Director on 12 Nov 2025. Indumati Kishor Thakker was appointed as Director on 21 Jan 2015. Kishor Nemchand Thakker ceased to be Director on 01 Sep 2014. Makwell Plastisizers has 7 board changes on record in total.
Makwell Plastisizers can be reached through the website makwellgroup.com. Its registered office is in Mumbai, Maharashtra, India.
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