MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0029785
MG Plasto Private Limited
MG Plasto Private Limited - manufacturing in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.15 Cr
▲ 195% YoY
Net loss · FY 2025
₹77.71 Lakh
Net margin -24.6%
EBITDA · FY 2025
₹1.29 Cr
EBITDA margin 41%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1.2 Cr
Issued & subscribed
Open charges
₹11 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
About MG Plasto Private Limited
Data last updated:
MG Plasto Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 12 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U25209OR2021PTC036964. Its GSTIN is 21AAOCM7585P1ZL (Odisha).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Neha Manek and Sasmita Mallick.
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 1029/1934 Ganesh Mandap Chakka Jharpara, Bhubaneswar, Odisha, India – 751006.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹77.71 Lakh (net margin -24.6%) and EBITDA of ₹1.29 Cr (EBITDA margin 41%). Revenue has grown at a compounded annual rate (CAGR) of 941% over three years.
As per MCA filings, the company has open charges of ₹11 Cr on record.
MG Plasto Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0029785).
Company details
CIN U25209OR2021PTC036964
Registration Number 036964
Incorporation Date 12 July 2021
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0029785
Recognitions & Rankings of MG Plasto
Contact details
MG Plasto Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 1029/1934 Ganesh Mandap Chakka Jharpara, Bhubaneswar, Odisha, India – 751006
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of MG Plasto Private Limited, buy the company report.
Comprehensive company report
MG Plasto 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of MG Plasto is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of MG Plasto Private Limited, buy the company report.
Financials of MG Plasto Private Limited
FY 2025 filings availableMG Plasto Private Limited reported revenue of ₹3.15 Cr (up 195% YoY) for FY 2025.
Revenue · FY 2025
₹3.15 Cr ▲ 195%
Net loss · FY 2025
₹77.71 Lakh margin -24.6%
EBITDA · FY 2025
₹1.29 Cr margin 41%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 195%
3 years · compounded
▲ 941%
EBITDA CAGR growth
1 year
▲ 258%
3 years · compounded
▲ 726%
Revenue has grown at a compounded annual rate (CAGR) of 941% over three years, including 195% growth in the latest year. EBITDA rose 258% 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 |
|---|---|---|---|---|
| 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 | ₹1.29 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹77.71 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 41% | |||
| Net Profit Margin | -24.6% | |||
| 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 MG Plasto Private Limited, buy the company report.
Board of directors of MG Plasto Private Limited
MG Plasto has 4 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 |
|---|---|---|---|---|
| Neha Manek Also directs: Kathajodi Realty Ventures LLP, NM Polyplast Private Limited, Riddhi Siddhi Gases Private Limited and 2 more | Director | 28 Jul 2021 | 5 Years 3 Months | Current |
| Sasmita Mallick | Director | 12 Jul 2021 | 5 Years 3 Months | Current |
| Prasant Kumar Senapati | Director | 12 Jul 2021 | 5 Years 3 Months | Current |
| Padmalabha Mallick | Director | 12 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
MG Plasto Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (manufacture of rubber and plastics products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Savi Poly Plast Industry Private Limited | ₹3.17 Cr (FY 2025) | 3104.0% | Jaipur, Rajasthan, India | |||
| MG Plasto Private Limitedthis company | ₹3.15 Cr (FY 2025) | -₹77.71 Lakh | -24.6% | 195.0% | Bhubaneswar, Odisha, India | |
| Urmi Tech Polymer Private Limited | ₹3.09 Cr (FY 2025) | 120.0% | Dehradun, Uttarakhand, India | |||
| Aakar Piping Solutions Private Limited | ₹3.08 Cr (FY 2024) | -34.0% | Delhi, India |
To see the full peer comparison of MG Plasto Private Limited, buy the company report.
Auditor
MG Plasto Private Limited is audited by SOURJYA & BISWAJIT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOURJYA & BISWAJIT | FY 2022 | 322779E |
Shareholding
The shareholding of MG Plasto 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 MG Plasto Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Nov 2022 | 100652347 | Others | ₹6 Cr | Open | |
| 18 Nov 2022 | 100652356 | Others | ₹5 Cr | Open |
To see the full charge records of MG Plasto Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving MG Plasto 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 MG Plasto Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MG Plasto Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
MG Plasto has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAOCM7585P1ZL | Odisha | Active | 17 Nov 2021 |
To see the full GST registrations and return filing status of MG Plasto Private Limited, buy the company report.
Recent activity
MG Plasto Private Limited has 6 board changes on record since 2021: 5 appointments and 1 cessation. The latest: Siddhant Manek ceased to be Director on 07 Nov 2022.
AGM
Mg Plasto Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 5.00 Cr registered on 18 Nov 2022 with Charge ID 100652356 was modified on 06 Sep 2025.
Filing
Mg Plasto Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100652347 was registered on 18 Nov 2022.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100652356 was registered on 18 Nov 2022.
Ceased
Siddhant Manek ceased to be Director.
Appointed
Neha Manek was appointed as Director.
Appointed
Padmalabha Mallick was appointed as Director.
Appointed
Padmalabha Mallick was appointed as Director.
Appointed
Prasant Kumar Senapati was appointed as Director.
Appointed
Sasmita Mallick was appointed as Director.
Incorporation
12 Jul 2021
Mg Plasto Private Limited was registered on 12 Jul 2021 with Roc Cuttack & aged 5 years 3 months as per MCA records.
Frequently asked questions
MG Plasto is an active private limited company based in Bhubaneswar, Odisha, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 12 July 2021 (5+ years old) and is registered under CIN U25209OR2021PTC036964.
MG Plasto has 4 current directors:
- Neha Manek - Director
- Sasmita Mallick - Director
- Prasant Kumar Senapati - Director
- Padmalabha Mallick - Director
The latest financial statements of MG Plasto 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 2022 are in the company report.
The GSTIN of MG Plasto is 21AAOCM7585P1ZL, registered in Odisha.
The CIN (Corporate Identification Number) of MG Plasto is U25209OR2021PTC036964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Plasto was incorporated on 12 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of MG Plasto by revenue are Savi Poly Plast Industry Private Limited, Urmi Tech Polymer Private Limited, Aakar Piping Solutions Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (manufacture of rubber and plastics products).
Siddhant Manek ceased to be Director on 07 Nov 2022. Neha Manek was appointed as Director on 28 Jul 2021. Padmalabha Mallick was appointed as Director on 12 Jul 2021. MG Plasto has 6 board changes on record in total.
Yes, MG Plasto is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0029785).
The registered office of MG Plasto is at Plot No 10291934 Ganesh Mandap Chakka Jharpara, Bhubaneswar, Odisha, India – 751006.
MG Plasto operates in the manufacturing industry, in the pipe and tubes segment.