Startup India Government of India
Maverick Plastics Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹78.06 Lakh
▼ 13% YoY
Net loss · FY 2023
₹4.44 Lakh
Net margin -5.7%
EBITDA · FY 2023
-₹4.39 Lakh
EBITDA margin -5.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
GST registrations
1
None active
About Maverick Plastics Private Limited
Data last updated:
Maverick Plastics Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 17 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2021PTC144251. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandeep Lengade and Amit Ashok Kane.
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 Site No 109 Bcc Layout Vajrahalli Old Village Road Bangalore, Karnataka, India – 560062.
As per the financials filed for FY 2023, the company reported a revenue of ₹78.06 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹4.44 Lakh (net margin -5.7%) and EBITDA of -₹4.39 Lakh (EBITDA margin -5.6%).
Maverick Plastics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062968). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maverickturf.com.
Company details
CIN U25209KA2021PTC144251
Registration Number 144251
Incorporation Date 17 February 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0062968
Key People
Sandeep Lengade Director Amit Ashok Kane Director Recognitions & Rankings of Maverick Plastics
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0062968
Contact details
Maverick Plastics Private Limited's registered office is in Bangalore, Karnataka. Its website is maverickturf.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSite No 109 Bcc Layout Vajrahalli Old Village Road Bangalore, Karnataka, India – 560062
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Maverick Plastics Private Limited, buy the company report.
Comprehensive company report
Maverick Plastics 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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Financials of Maverick Plastics Private Limited
FY 2025 filings availableMaverick Plastics Private Limited reported revenue of ₹78.06 Lakh (down 13% YoY) for FY 2023.
Revenue · FY 2023
₹78.06 Lakh ▼ 13%
Net loss · FY 2023
₹4.44 Lakh margin -5.7%
EBITDA · FY 2023
-₹4.39 Lakh margin -5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
Revenue fell 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹78.06 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.39 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.44 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -5.6% | ||
| Net Profit Margin | -5.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Maverick Plastics Private Limited, buy the company report.
Board of directors of Maverick Plastics Private Limited
Maverick Plastics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Lengade | Director | 17 Feb 2021 | 5 Years 8 Months | Current |
| Amit Ashok Kane | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Maverick Plastics Private Limited is audited by C S G And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C S G And Associates | FY 2023 | 216080 |
Shareholding
The shareholding of Maverick Plastics Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maverick Plastics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Maverick Plastics 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 Maverick Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maverick Plastics Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Maverick Plastics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Maverick Plastics Private Limited, buy the company report.
Recent activity
Maverick Plastics Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Amit Ashok Kane was appointed as Director on 14 Jul 2021.
AGM
Maverick Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maverick Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Amit Ashok Kane was appointed as Director.
Ceased
Deepali Sandeep Lengade ceased to be Managing Director.
Appointed
Sandeep Lengade was appointed as Director.
Incorporation
17 Feb 2021
Maverick Plastics Private Limited was registered on 17 Feb 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.
Frequently asked questions
Maverick Plastics is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 17 February 2021 (5+ years old) and is registered under CIN U25209KA2021PTC144251.
Maverick Plastics has 2 current directors:
- Sandeep Lengade - Director
- Amit Ashok Kane - Director
The latest financial statements of Maverick Plastics 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 FY 2021 are in the company report.
No. Maverick Plastics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maverick Plastics is U25209KA2021PTC144251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maverick Plastics was incorporated on 17 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Amit Ashok Kane was appointed as Director on 14 Jul 2021. Deepali Sandeep Lengade ceased to be Managing Director on 08 Apr 2021. Sandeep Lengade was appointed as Director on 17 Feb 2021.
Yes, Maverick Plastics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Maverick Plastics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0062968).
Maverick Plastics can be reached through the website maverickturf.com. Its registered office is in Bangalore, Karnataka, India.