Mipak Plastics Private Limited
About Mipak Plastics Private Limited
Data last updated:
Mipak Plastics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 22 September 1971 and has been in existence for over 55 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1971PTC015340. Its GSTIN is 27AAACM2823N2ZB (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Karuna Arvindkumar Tibrewala and Kushal Arvindkumar Tibrewala.
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 16 Khetan Bhavan198 J Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.83 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹52.5 Lakh (net margin 28.8%) and EBITDA of ₹56.1 Lakh (EBITDA margin 30.7%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹2.42 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address16 Khetan Bhavan198 J Tata Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Mipak Plastics Private Limited
The main business activity of Mipak Plastics is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mipak Plastics Private Limited FY 2025 filings available
Mipak Plastics Private Limited reported revenue of ₹1.83 Cr (up 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mipak Plastics Private Limited
Revenue rose 45% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 3% 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 of Mipak Plastics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹56.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹52.5 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 of Mipak Plastics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mipak Plastics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mipak Plastics Private Limited
Mipak Plastics Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surya Laser Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Kuma Infra and Realty Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 255.0% | •••• | Mumbai, Maharashtra, India |
| Lotusindia Property Management Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Godvet Agrochem Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Shree Shakthi Ware Houses Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Mipak Plastics Private Limited this company | ₹1.83 Cr (FY 2024) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| Sushan Tradings Private Limited | ₹1.82 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sinnar Warehousing Private Limited | ₹1.82 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Nashik, Maharashtra, India |
| Sukanya Properties Pvt Ltd | ₹1.82 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Triangles Consolidated Limited | ₹1.82 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | Delhi, India |
| KCG & Sons Infrastructure Private Limited | ₹1.82 Cr (FY 2024) | •••• | •••• | 202.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mipak Plastics by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mipak Plastics Private Limited
Mipak Plastics Private Limited is audited by SHARMA SHAH & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARMA SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mipak Plastics Private Limited
Mipak Plastics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karuna Arvindkumar Tibrewala | Director | 04 Apr 2008 | 18 Years 6 Months | Current |
| Kushal Arvindkumar Tibrewala | Additional Director | 09 Mar 2012 | 14 Years 7 Months | Current |
Ownership and Shareholding of Mipak Plastics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mipak Plastics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 1997 | Bank of India | ₹1.22 Cr | Satisfied |
| 05 Mar 1991 | Gujarat State Financial Corp | ₹34.48 Lakh | Satisfied |
| 23 Jan 1991 | Bank of Baroda | ₹2.68 Lakh | Satisfied |
| 11 Apr 1989 | The Economic Development Corpration of Goa | ₹16.8 Lakh | Satisfied |
| 12 May 1987 | Bank of Baroda | ₹1.5 Lakh | Satisfied |
Total charge records: 15 View all charges
Legal Cases of Mipak Plastics Private Limited
Mipak Plastics Private Limited has 15 court cases on record: 12 filed by Mipak Plastics, 3 filed against it. 5 cases are pending and 10 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 5 |
| High courts | 7 | 2 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Karvy Data Management Services Limited | Pending |
| Bombay High Court | Court case (APL) | Filed against the company by Karvy Data Management Services Limited | Disposed |
| Bombay High Court | Company petition | Filed by the company | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against HPM Industries Ltd | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Mipak Plastics Private Limited
Employment history and EPFO contributions of people linked to Mipak Plastics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mipak Plastics Private Limited
Mipak Plastics Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Arvindkumar Kanhaiyalal Tibrewala ceased to be Director on 01 Apr 2024.
31 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mipak Plastics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mipak Plastics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mipak Plastics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mipak Plastics Private Limited
Mipak Plastics has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2823N2ZB | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mipak Plastics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mipak Plastics Private Limited
Mipak Plastics is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 22 September 1971 (55+ years old) and is registered under CIN U25200MH1971PTC015340.
Mipak Plastics reported revenue of ₹1.83 Cr for FY 2024 (up 45% YoY).
Mipak Plastics has 2 current directors:
- Karuna Arvindkumar Tibrewala - Director
- Kushal Arvindkumar Tibrewala - Additional Director
Mipak Plastics reported a net profit of ₹52.5 Lakh (net margin 28.8%) and EBITDA of ₹56.1 Lakh (EBITDA margin 30.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mipak Plastics is 56% over three years and -4% over five years. In the latest year (FY 2024) revenue rose 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mipak Plastics is 27AAACM2823N2ZB, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mipak Plastics is U25200MH1971PTC015340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mipak Plastics has 15 court cases on record: 12 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Mipak Plastics was incorporated on 22 September 1971, making it 55+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mipak Plastics by revenue are Surya Laser Private Limited, Kuma Infra and Realty Private Limited, Lotusindia Property Management Private Limited, Godvet Agrochem Limited, Shree Shakthi Ware Houses Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Arvindkumar Kanhaiyalal Tibrewala ceased to be Director on 01 Apr 2024. Kushal Arvindkumar Tibrewala was appointed as Additional Director on 09 Mar 2012. Milind Murli Deora ceased to be Director on 05 Apr 2008. Mipak Plastics has 6 board changes on record in total.