Mehta Polypropylene Indus Pvt Ltd
About Mehta Polypropylene Indus Pvt Ltd
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Mehta Polypropylene Indus Pvt Ltd is a private limited company based in Valsad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 24 March 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ1979PTC003342. Its GSTIN is 24AABCM9237B1ZS (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Dipti Milesh Mody and Milesh Ashok Mody.
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 Plot No 4 GIDC Indlumbergaon, Valsad, Gujarat, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.24 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹32.02 Lakh (net margin 6.1%) and EBITDA of ₹57.46 Lakh (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.74 Cr and satisfied charges of ₹4.18 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mehta Polypropylene Indus Pvt Ltd's registered office is in Valsad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 4 GIDC Indlumbergaon, Valsad, Gujarat, India
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Mehta Polypropylene Indus Pvt Ltd, 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 Mehta Polypropylene Indus is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Mehta Polypropylene Indus Pvt Ltd, buy the company report.
Financials of Mehta Polypropylene Indus Pvt Ltd
FY 2025 filings availableMehta Polypropylene Indus Pvt Ltd reported revenue of ₹5.24 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 2% growth in the latest year. EBITDA rose 22% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹57.46 Lakh | ||||
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| Net Profit (PAT) | ₹32.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 11% | ||||
| Net Profit Margin | 6.1% | ||||
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To see the full financial statements and ratios of Mehta Polypropylene Indus Pvt Ltd, buy the company report.
Board of directors of Mehta Polypropylene Indus Pvt Ltd
Mehta Polypropylene Indus has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipti Milesh Mody Also directs: Elson Packaging Industries Private Limited, Index Bags Private Limited, Nitin Poly Propylene Industries Private Limited and 4 more | Director | 27 Nov 2023 | 2 Years 10 Months | Current |
| Milesh Ashok Mody Also directs: Elson Packaging Industries Private Limited, Index Bags Private Limited, Nitin Poly Propylene Industries Private Limited and 5 more | Director | 22 May 2004 | 22 Years 5 Months | Current |
| Kokila Ashok Mody Also directs: Elson Packaging Industries Private Limited, Index Bags Private Limited, Nitin Poly Propylene Industries Private Limited and 4 more | Director | 31 May 1997 | 29 Years 4 Months | Current |
Auditor
Mehta Polypropylene Indus Pvt Ltd is audited by N S BHATT & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S BHATT & CO | FY 2018 | 101342W |
Shareholding
The shareholding of Mehta Polypropylene Indus Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mehta Polypropylene Indus Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2020 | 100382587 | Bank of India | ₹13.5 Lakh | Open | |
| 25 Oct 1999 | 90111485 | State Bank of India | ₹88 Lakh | Open | |
| 25 Jun 1997 | 90111364 | State Bank of India | ₹87 Lakh | Open | |
| 25 Jun 1997 | 90113131 | State Bank of India | ₹33 Lakh | Open | |
| 26 Mar 1993 | 90108986 | State Bank of India | ₹7.96 Lakh | Open |
To see the full charge records of Mehta Polypropylene Indus Pvt Ltd, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving Mehta Polypropylene Indus 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
No delayed payments to MSME suppliers are on our record for Mehta Polypropylene Indus Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mehta Polypropylene Indus has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM9237B1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mehta Polypropylene Indus Pvt Ltd, buy the company report.
Recent activity
Mehta Polypropylene Indus Pvt Ltd has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Dipti Milesh Mody ceased to be Additional Director on 29 Sep 2024.
17 earlier events are in the company report.
Frequently asked questions
Mehta Polypropylene Indus is an active private limited company based in Valsad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 24 March 1979 (47+ years old) and is registered under CIN U24299GJ1979PTC003342.
Mehta Polypropylene Indus has 3 current directors:
- Dipti Milesh Mody - Director
- Milesh Ashok Mody - Director
- Kokila Ashok Mody - Director
The latest financial statements of Mehta Polypropylene Indus 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 Mehta Polypropylene Indus is 24AABCM9237B1ZS, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mehta Polypropylene Indus is U24299GJ1979PTC003342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehta Polypropylene Indus was incorporated on 24 March 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dipti Milesh Mody ceased to be Additional Director on 29 Sep 2024. Dipti Milesh Mody was appointed as Director on 27 Nov 2023. Ashok Parmanand Mody ceased to be Director on 20 Nov 2023. Mehta Polypropylene Indus has 5 board changes on record in total.
The registered office of Mehta Polypropylene Indus is at Plot No 4 GIDC Indlumbergaon, Valsad, Gujarat, India.
Mehta Polypropylene Indus operates in the manufacturing industry, in the plastic and resins segment.
Mehta Polypropylene Indus has open charges of ₹2.74 Cr and satisfied charges of ₹4.18 Cr as per latest MCA filings.