- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0096189

About Parekhplast India Limited
Data last updated:
Parekhplast India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Shriji Polymers (India) Limited. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 30 March 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1999PLC119191. Its GSTIN is 27AABCP4523B1ZW (Maharashtra). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Parekhplast India Private Limited. It is led by directors including Anand Bangur and Santosh Muchhal.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹264.54 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹18.62 Cr (net margin 7%) and EBITDA of ₹47.57 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 14% over five years.
The company has about 231 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Parekhplast. As per MCA filings, the company has open charges of ₹136.47 Cr and satisfied charges of ₹222.33 Cr on record. Court records list 37 cases involving the company, including 27 filed by the company and 10 filed against it; 2 cases are pending. The company has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹12 Cr; the latest was in November 2023. Its 5 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 4 smaller; the largest is Scapa Tapes India Private Limited with revenue of ₹265.29 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 340 overdue payments to 22 micro and small suppliers.
Parekhplast India Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0096189). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parekhplast.com.
Company details
CIN history
Parekhplast India has one previous CIN (Corporate Identification Number): U25200MH1999PTC119191. The current CIN is U25200MH1999PLC119191, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25200MH1999PLC119191 | Current |
| U25200MH1999PTC119191 | Previous |
Recognitions & Rankings of Parekhplast India
Contact details
Parekhplast India Limited's registered office is in Mumbai, Maharashtra. Its website is parekhplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101 Shivai Plaza Compartment No. 151 Marol Indl Co – Op Soc Ltd. Off. Andheri Kurla Rd., Andheri E, Mumbai, Maharashtra, India – 400059
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Parekhplast India Limited, 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
Brands
Parekhplast India operates one associated brand: Parekhplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Rigid plastic packaging products are manufactured for various industries. | parekhplast.com |
Business activity
The main business activity of Parekhplast India 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 Parekhplast India Limited, buy the company report.
Financials of Parekhplast India Limited
FY 2025 filings availableParekhplast India Limited reported revenue of ₹264.54 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 23% growth in the latest year. EBITDA rose 43% 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 |
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| EBITDA | ₹47.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.62 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18% | ||||
| Net Profit Margin | 7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Parekhplast India Limited, buy the company report.
Board of directors and KMP of Parekhplast India Limited
Parekhplast India Limited currently reports 4 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Narsimhachari Podchetti | Cfo | 29 Oct 2015 | 11 Years 0 Months | Current |
| Anand Bangur | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Santosh Muchhal Also directs: Shriji Polymers (India) Limited | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Vishnu Jajoo Also directs: Sushen Remedies Private Limited, Shriji Polymers Medical Devices Private Limited, Shriji Polymers (India) Limited and 5 more | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
| Anish Kedia Also directs: Hinduja Tech Limited | Director | 08 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Parekhplast India Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| Scapa Tapes India Private Limited | ₹265.29 Cr (FY 2025) | 22.0% | Pudupakkam, Tamil Nadu, India | |||
| Parekhplast India Limitedthis company | ₹264.54 Cr (FY 2025) | ₹18.62 Cr | 7% | 23.0% | 231 | Mumbai, Maharashtra, India |
| Avi Global Plast Private Limited | ₹262.64 Cr (FY 2025) | 2.0% | Daman, Daman and Diu, India | |||
| Bsa Polycontainer Private Limited | ₹248.79 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Vidya Polymer Private Limited | ₹237.38 Cr (FY 2025) | -3.0% | Noida, Uttar Pradesh, India | |||
| Velvin Packaging Solutions Private Limited | ₹232.48 Cr (FY 2025) | 117.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Parekhplast India Limited, buy the company report.
Auditor
Parekhplast India Limited is audited by N D Kapur & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D Kapur & Co. | FY 2022 | 001196N |
Shareholding
The shareholding of Parekhplast India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parekhplast India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2025 | 101051954 | Axis Bank Limited | ₹25,000 | Open | |
| 22 Jan 2025 | 101051360 | Others | ₹6.3 Cr | Open | |
| 20 Jun 2023 | 100742880 | Hdfc Bank Limited | ₹37.16 Cr | Open | |
| 07 Oct 2022 | 100622082 | Axis Bank Limited | ₹79.54 Cr | Open | |
| 28 Sep 2022 | 100616457 | Others | ₹10 Cr | Open |
To see the full charge records of Parekhplast India Limited, buy the company report.
Total charge records: 74 View all charges
Deals & funding
Parekhplast India Limited has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹12 Cr; the latest was in November 2023.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Shriji Polymers (India) Limited , Shriji Polymers India Limited & Arpit Bangur, Shriji Polymers India Limited & Mangla Bangur Seller: 4 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Shriji Polymers (India) Limited , 3 individuals Seller: 4 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Seller: Nehar Trading And Investment Private Limited, Unnati Trading and Investments Private Limited , Asteroids Trading and Investments Private Limited |
| Jul 2018 | Secondary share transfer | Undisclosed | Seller: Nehar Trading And Investment Private Limited, Asteroids Trading and Investments Private Limited , Unnati Trading and Investments Private Limited |
| Sep 2016 | Secondary share transfer | Undisclosed | Seller: Unnati Trading and Investments Private Limited , Nehar Trading And Investment Private Limited, Asteroids Trading and Investments Private Limited |
To see the full deal history of Parekhplast India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Parekhplast India Limited has 37 court cases on record: 27 filed by Parekhplast India, 10 filed against it. 2 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 5 | 0 |
| High courts | 10 | 4 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (APL) | Filed against the company by M/S. Bhavani Polycoats India Pvt. Ltd. and Anr and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by M/S. Bhavani Polycoats India Pvt. Ltd. and 1 Ors. (63Rd MM Court Andheri) and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against M/S Maestria Paints India Pvt Ltd., and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Antares Medical Services Pvt Ltd and 2 others | Disposed |
| District court, Thane, Maharashtra | Court case (Reg Dkst) | Filed by the company against Sapphire Lifesciences Pvt. Ltd | Disposed |
To see the full case history of Parekhplast India Limited, buy the company report.
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.
MSME payment delays
Parekhplast India Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 340 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Mangalmurti Industries | |||
| Papro Industries LLP | |||
| Flueron Inks P.Ltd. | |||
| Rainbow Color Masterbatches1 | |||
| an individual supplier |
To see the full MSME payment records of Parekhplast India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Parekhplast India Limited has a workforce of 231 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Parekhplast India has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4523B1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AABCP4523B2ZV | Maharashtra | Active | 05 Nov 2024 |
| 36AABCP4523B1ZX | Telangana | Active | 01 Jul 2017 |
| 37AABCP4523B3ZT | Andhra Pradesh | Active | 20 Jan 2018 |
To see the full GST registrations and return filing status of Parekhplast India Limited, buy the company report.
Recent activity
Parekhplast India Limited has 21 board changes on record since 1999: 13 appointments and 8 cessations. The latest: Mukesh Khemchand Kripalani ceased to be CEO on 01 Apr 2025.
169 earlier events are in the company report.
Frequently asked questions
Parekhplast India is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 30 March 1999 (27+ years old) and is registered under CIN U25200MH1999PLC119191.
Parekhplast India has 5 current directors and KMP:
- Anand Bangur - Director
- Santosh Muchhal - Director
- Vishnu Jajoo - Director
- Anish Kedia - Director
- Nilesh Narsimhachari Podchetti - Cfo
The latest financial statements of Parekhplast India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Parekhplast India is 27AABCP4523B1ZW, registered in Maharashtra. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 27AABCP4523B2ZV (Maharashtra), 36AABCP4523B1ZX (Telangana), 37AABCP4523B3ZT (Andhra Pradesh).
The CIN (Corporate Identification Number) of Parekhplast India is U25200MH1999PLC119191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parekhplast India has 37 court cases on record: 27 filed by the company and 10 filed against it. 2 are pending. Most are in the district courts.
Parekhplast India was incorporated on 30 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Parekhplast India has 14 deals on record (13 secondary share transfers, 1 funding round), with disclosed funding of ₹12 Cr; the latest was in November 2023.
The peers of Parekhplast India by revenue are Scapa Tapes India Private Limited, Avi Global Plast Private Limited, Bsa Polycontainer Private Limited, Vidya Polymer Private Limited, Velvin Packaging Solutions Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mukesh Khemchand Kripalani ceased to be CEO on 01 Apr 2025. Charul Jitendra Ghia ceased to be Whole-Time Director on 01 Nov 2023. Anand Bangur was appointed as Director on 08 Dec 2022. Parekhplast India has 21 board changes on record in total.
Yes, Parekhplast India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0096189).
Parekhplast India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 340 overdue payments to 22 micro and small suppliers. The latest return was filed on 24 Apr 2024.

