- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0014106

About Plenco Plast India Private Limited
Data last updated:
Plenco Plast India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Organic Industries Private Limited. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 21 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29195MH2003PTC141823. Its GSTIN is 26AADCP1787D1ZG (Dadra and Nagar Haveli and Daman and Diu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.65 Cr. It was formerly known as Plenco Closures Private Limited. It is led by directors including Anand Monappa Shetty (Managing Director) and Adish Anand Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 601/602 Delta Technology Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.26 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 1.3%) and EBITDA of ₹16.29 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Plenco Plast India Private Limited. As per MCA filings, the company has open charges of ₹253.53 Cr and satisfied charges of ₹104.69 Cr on record. Court records list 16 cases involving the company, including 16 filed by the company; 4 cases are pending. The company has 7 deals on record (5 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.65 Cr; the latest was in March 2018. Its 5 peer companies in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Printotech Global Limited with revenue of ₹101.31 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 582 overdue payments to 21 micro and small suppliers.
Plenco Plast India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0014106). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plencoindia.com.
Company details
Recognitions & Rankings of Plenco Plast India
Contact details
Plenco Plast India Private Limited's registered office is in Mumbai, Maharashtra. Its website is plencoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address601/602 Delta Technology Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Plenco Plast India Private 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
Plenco Plast India operates one associated brand: PLENCO PLAST INDIA PRIVATE LIMITED. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of tamper evident plastic caps and closures for beverages and related sectors. | plencoindia.com |
Business activity
The main business activity of Plenco Plast 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 Plenco Plast India Private Limited, buy the company report.
Financials of Plenco Plast India Private Limited
FY 2024 filings availablePlenco Plast India Private Limited reported revenue of ₹89.26 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 4% growth in the latest year. EBITDA rose 24% 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 | ₹16.29 Cr | ||||
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| Net Profit (PAT) | ₹1.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Plenco Plast India Private Limited, buy the company report.
Board of directors of Plenco Plast India Private Limited
Plenco Plast India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Adish Anand Shetty Also directs: Infibim Engineering Private Limited, Organic Industries Private Limited, Organic Plastics Private Limited and 1 more | Director | 16 Mar 2007 | 19 Years 7 Months | Current |
| Pravir Anand Shetty Also directs: Infibim Engineering Private Limited, Organic Industries Private Limited, Organic Plastics Private Limited and 1 more | Director | 01 Mar 2004 | 22 Years 7 Months | Current |
| Shashirekha Anand Shetty Also directs: Infibim Engineering Private Limited, Organic Industries Private Limited, Organic Plastics Private Limited and 1 more | Director | 21 Aug 2003 | 23 Years 2 Months | Current |
| Anand Monappa Shetty Also directs: Infibim Engineering Private Limited, Organic Industries Private Limited, Organic Plastics Private Limited and 1 more | Managing Director | 01 Mar 2004 | 22 Years 7 Months | Current |
Peer comparison
Plenco Plast India Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Bottles and Caps), 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 |
|---|---|---|---|---|---|---|
| Printotech Global Limited | ₹101.31 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| M M Polymers Private Limited | ₹97.21 Cr (FY 2025) | 31.0% | Abhanpur, Chhattisgarh, India | |||
| Rakshit Engineering Works Private Limited | ₹89.87 Cr (FY 2025) | 288.0% | Kanpur, Uttar Pradesh, India | |||
| Plenco Plast India Private Limitedthis company | ₹89.26 Cr (FY 2024) | ₹1.16 Cr | 1.3% | 4.0% | 58 | Mumbai, Maharashtra, India |
| Hindustan Closures Private Limited | ₹88.38 Cr (FY 2025) | 29.0% | Chandigarh, India | |||
| Linhardt Private Limited | ₹84.44 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Plenco Plast India Private Limited, buy the company report.
Auditor
Plenco Plast India Private Limited is audited by Shetty and Bala for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shetty and Bala | FY 2023 | 110083W |
Shareholding
The shareholding of Plenco Plast India Private 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Plenco Plast India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2023 | 100718764 | Axis Bank Limited | ₹20.25 Lakh | Open | |
| 03 Dec 2021 | 100510877 | Others | ₹56.52 Cr | Open | |
| 06 Mar 2021 | 100429337 | Others | ₹3.06 Cr | Open | |
| 29 Jun 2020 | 100349620 | Others | ₹1.44 Cr | Open | |
| 29 Sep 2017 | 100129477 | Others | ₹6.25 Cr | Open |
To see the full charge records of Plenco Plast India Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Plenco Plast India Private Limited has 7 deals on record (5 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.65 Cr; the latest was in March 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Organic Plastic Private Limited & Anand M Shetty, Organic Plastics Private Limited Seller: Trident Polymers Private Limited |
| Mar 2018 | Acquisition | Undisclosed | Buyer: Organic Plastics Private Limited Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Trident Polymers Private Limited , Organic Plastics Private Limited, an individual Seller: 4 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Trident Polymers Private Limited , Organic Plastics Private Limited |
| Mar 2007 | Funding round | ₹2.65 Cr | Investors: Organic Plastics Private Limited, Trident Polymers Private Limited , 2 individuals |
To see the full deal history of Plenco Plast India Private 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
Plenco Plast India Private Limited has 16 court cases on record: 16 filed by Plenco Plast India. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 0 | 4 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Hansraj Agrofresh Pvt. Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Manpasand Beverages Ltd and Anr and 1 other | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Manpasand Beverages Limited | Disposed |
| District court, Silvassa, DNH at Silvasa | Court case (Spl. C. S.) | Filed by the company against Associated Road Carriers Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed by the company against Seven Hills Beverages Pvt Ltd | Disposed |
To see the full case history of Plenco Plast India Private 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
Plenco Plast India Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 582 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Puja Packaging | |||
| Capital Colours & Additives Industries Private Limited | |||
| Mundra Packaging Industries | |||
| Rajiv Plastic Industries |
To see the full MSME payment records of Plenco Plast India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Plenco Plast India Private Limited has a workforce of 58 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Plenco Plast India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AADCP1787D1ZG | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plenco Plast India Private Limited, buy the company report.
Recent activity
Plenco Plast India Private Limited has 8 board changes on record since 2003: 6 appointments and 2 cessations. The latest: Arya Mittara ceased to be Director on 30 Jun 2008.
38 earlier events are in the company report.
Frequently asked questions
Plenco Plast India is an active private limited company based in Mumbai, Maharashtra, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 21 August 2003 (23+ years old) and is registered under CIN U29195MH2003PTC141823.
Plenco Plast India has 4 current directors:
- Anand Monappa Shetty - Managing Director
- Adish Anand Shetty - Director
- Pravir Anand Shetty - Director
- Shashirekha Anand Shetty - Director
The latest financial statements of Plenco Plast India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Plenco Plast India is 26AADCP1787D1ZG, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Plenco Plast India is U29195MH2003PTC141823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plenco Plast India has 16 court cases on record: 16 filed by the company. 4 are pending. Most are in the district courts.
Plenco Plast India was incorporated on 21 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Plenco Plast India has 7 deals on record (5 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹2.65 Cr; the latest was in March 2018.
The peers of Plenco Plast India by revenue are Printotech Global Limited, M M Polymers Private Limited, Rakshit Engineering Works Private Limited, Hindustan Closures Private Limited, Linhardt Private Limited, all in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Arya Mittara ceased to be Director on 30 Jun 2008. Sanjay Kumar Ramshiromani Singh ceased to be Director on 30 Jun 2008. Adish Anand Shetty was appointed as Director on 16 Mar 2007. Plenco Plast India has 8 board changes on record in total.
Yes, Plenco Plast India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0014106).
Plenco Plast India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 582 overdue payments to 21 micro and small suppliers. The latest return was filed on 30 Apr 2024.