MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0065212
Meeraj Plast Pvt Ltd - manufacturing in Waghodia, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.42 Cr
▼ 5% YoY
Net profit · FY 2025
₹16.55 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹32.09 Lakh
EBITDA margin 3.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.59 Lakh
Issued & subscribed
Satisfied charges
₹17.98 Lakh
No open charges
Company age
37 yrs
Est. 1989
Directors on board
2
As per MCA filings
About Meeraj Plast Pvt Ltd
Data last updated:
Meeraj Plast Pvt Ltd is a private limited company based in Waghodia, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 10 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1989PTC012476. Its GSTIN is 24AABCM2544B1Z4 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.59 Lakh. It is led by directors Bhaveshbhai Hemendrabhai Vora (Whole-Time Director) and Deepaben Bhaveshbhai Vora.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 1 219/1 GIDC, Waghodia, Gujarat, India – 391760.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.42 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹16.55 Lakh (net margin 1.8%) and EBITDA of ₹32.09 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over five years.
As per MCA filings, the company has satisfied charges of ₹17.98 Lakh on record.
Meeraj Plast Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0065212). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meerajplast.com.
Company details
CIN U25209GJ1989PTC012476
Registration Number 012476
Incorporation Date 10 July 1989
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0065212
Recognitions & Rankings of Meeraj Plast
Contact details
Meeraj Plast Pvt Ltd's registered office is in Waghodia, Gujarat. Its website is meerajplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 1 219/1 GIDC, Waghodia, Gujarat, India – 391760
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Meeraj Plast Pvt Ltd, buy the company report.
Comprehensive company report
Meeraj Plast Pvt Ltd - 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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Business activity
The main business activity of Meeraj Plast 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 Meeraj Plast Pvt Ltd, buy the company report.
Financials of Meeraj Plast Pvt Ltd
FY 2025 filings availableMeeraj Plast Pvt Ltd reported revenue of ₹9.42 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹9.42 Cr ▼ 5%
Net profit · FY 2025
₹16.55 Lakh margin 1.8%
EBITDA · FY 2025
₹32.09 Lakh margin 3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▼ 10%
5 years · compounded
▼ 16%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 37% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.55 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Meeraj Plast Pvt Ltd, buy the company report.
Board of directors of Meeraj Plast Pvt Ltd
Meeraj Plast has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhaveshbhai Hemendrabhai Vora | Whole-Time Director | 10 Jul 1989 | 37 Years 3 Months | Current |
| Deepaben Bhaveshbhai Vora | Director | 10 Apr 2018 | 8 Years 6 Months | Current |
Peer comparison
Meeraj Plast Pvt Ltd is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Arzo Plastics Private Limited | ₹9.52 Cr (FY 2019) | -29.0% | Navi Mumbai, Maharashtra, India | |||
| A F Enterprises Limited | ₹9.51 Cr (FY 2024) | -68.0% | New Delhi, Delhi, India | |||
| Shiva Weavers Private Limited | ₹9.51 Cr (FY 2024) | -4.0% | Punjab, India | |||
| Brijdham Minerals Private Limited | ₹9.51 Cr (FY 2025) | 1284.0% | Raipur, Chhattisgarh, India | |||
| Jit Multilayers Private Limited | ₹9.49 Cr (FY 2025) | 27.0% | Cuttack, Odisha, India | |||
| Meeraj Plast Pvt Ltdthis company | ₹9.42 Cr (FY 2025) | ₹16.55 Lakh | 1.8% | -5.0% | Waghodia, Gujarat, India | |
| Hydro Links Flexibles Private Limited | ₹9.4 Cr (FY 2024) | 34.0% | Bangalore, Karnataka, India | |||
| Vrinda Polyplast Private Limited | ₹9.37 Cr (FY 2024) | -17.0% | Alwar, Rajasthan, India | |||
| Oneness Polychem India Private Limited | ₹9.3 Cr (FY 2024) | -32.0% | Wardha, Maharashtra, India |
To see the full peer comparison of Meeraj Plast Pvt Ltd, buy the company report.
Auditor
Meeraj Plast Pvt Ltd is audited by C. PADMASHI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. PADMASHI & CO. | FY 2022 | 119569W |
Shareholding
The shareholding of Meeraj Plast Pvt Ltd 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meeraj Plast Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹17.98 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2005 | 90112958 | State Bank of India | ₹3.5 Lakh | Satisfied | |
| 23 Sep 2002 | 90112740 | State Bank of India | ₹2.5 Lakh | Satisfied | |
| 04 Feb 1998 | 90111397 | State Bank of India | ₹8.34 Lakh | Satisfied | |
| 19 Oct 1996 | 90111334 | State Bank of India | ₹1.14 Lakh | Satisfied | |
| 22 Nov 1989 | 90111108 | State Bank of India | ₹2.5 Lakh | Satisfied |
To see the full charge records of Meeraj Plast Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Meeraj Plast Pvt Ltd 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
Meeraj Plast Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chinubhai Kalidass & Bros. | |||
| Indo Pharma Chem | |||
| Abhi Plastic | |||
| an individual supplier | |||
| Prasad Koch Technik Private Limited |
To see the full MSME payment records of Meeraj Plast Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Meeraj Plast has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM2544B1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meeraj Plast Pvt Ltd, buy the company report.
Recent activity
Meeraj Plast Pvt Ltd has 4 board changes on record since 1989: 2 appointments and 2 cessations. The latest: Deepaben Bhaveshbhai Vora ceased to be Additional Director on 21 Sep 2018.
AGM
Meeraj Plast Pvt Ltd last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Filing
Meeraj Plast Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Deepaben Bhaveshbhai Vora ceased to be Additional Director.
Ceased
Jayrajbhai Bhanubhai Soni ceased to be Whole-Time Director.
Appointed
Deepaben Bhaveshbhai Vora was appointed as Director.
Charges
A charge registered on 15 Mar 2005 via Charge ID 90112958 with State Bank Of India was fully satisfied on 27 Mar 2008.
Charges
A charge registered on 23 Sep 2002 via Charge ID 90112740 with State Bank Of India was fully satisfied on 27 Mar 2008.
Charges
A charge registered on 04 Feb 1998 via Charge ID 90111397 with State Bank Of India was fully satisfied on 27 Mar 2008.
Charges
A charge registered on 19 Oct 1996 via Charge ID 90111334 with State Bank Of India was fully satisfied on 27 Mar 2008.
Charges
A charge registered on 22 Nov 1989 via Charge ID 90111108 with State Bank Of India was fully satisfied on 27 Mar 2008.
Charges
A charge with State Bank Of India amounted to Rs. 3.50 Lakh with Charge ID 90112958 was registered on 15 Mar 2005.
Charges
A charge with State Bank Of India of Rs. 2.50 Lakh registered on 22 Nov 1989 with Charge ID 90111108 was modified on 15 Mar 2005.
8 earlier events are in the company report.
Frequently asked questions
Meeraj Plast is an active private limited company based in Waghodia, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 10 July 1989 (37+ years old) and is registered under CIN U25209GJ1989PTC012476.
Meeraj Plast has 2 current directors:
- Bhaveshbhai Hemendrabhai Vora - Whole-Time Director
- Deepaben Bhaveshbhai Vora - Director
The latest financial statements of Meeraj Plast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Meeraj Plast is 24AABCM2544B1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Meeraj Plast is U25209GJ1989PTC012476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meeraj Plast was incorporated on 10 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Meeraj Plast by revenue are Arzo Plastics Private Limited, A F Enterprises Limited, Shiva Weavers Private Limited, Brijdham Minerals Private Limited, Jit Multilayers Private Limited and 3 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).
Deepaben Bhaveshbhai Vora ceased to be Additional Director on 21 Sep 2018. Jayrajbhai Bhanubhai Soni ceased to be Whole-Time Director on 23 Apr 2018. Deepaben Bhaveshbhai Vora was appointed as Director on 10 Apr 2018. Meeraj Plast has 4 board changes on record in total.
Yes, Meeraj Plast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0065212).
Meeraj Plast has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 10 overdue payments to 8 micro and small suppliers. The latest return was filed on 24 May 2019.
Meeraj Plast can be reached through the website meerajplast.com. Its registered office is in Waghodia, Gujarat, India.
The registered office of Meeraj Plast is at C – 1 2191 GIDC, Waghodia, Gujarat, India – 391760.
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