Plenco Plast India Private Limited

Plenco Plast India Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29195MH2003PTC141823 Incorporated 21 August 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2024
₹89.26 Cr
▲ 4% YoY
Net profit · FY 2024
₹1.16 Cr
Net margin 1.3%
EBITDA · FY 2024
₹16.29 Cr
EBITDA margin 18.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.65 Cr
Issued & subscribed
Open charges
₹253.53 Cr
Satisfied ₹104.69 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
58
Provident fund records

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

CIN U29195MH2003PTC141823
Registration Number 141823
Incorporation Date 21 August 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Organic Industries Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0014106

Recognitions & Rankings of Plenco Plast India

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0014106

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
  • Social Media
  • Registered Address
    601/602 Delta Technology Street Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
  • Industry
    Packaging, Bottle & Cap Manufacturing

To see the full contact details of Plenco Plast India Private Limited, buy the company report.

Comprehensive company report
Plenco Plast India 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

Brands

Plenco Plast India operates one associated brand: PLENCO PLAST INDIA PRIVATE LIMITED. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic 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 available

Plenco Plast India Private Limited reported revenue of ₹89.26 Cr (up 4% YoY) for FY 2024.

Revenue · FY 2024
₹89.26 Cr ▲ 4%
Net profit · FY 2024
₹1.16 Cr margin 1.3%
EBITDA · FY 2024
₹16.29 Cr margin 18.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 24%
5 years · compounded
▲ 19%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹16.29 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.16 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin18.2%
Net Profit Margin1.3%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Adish Anand ShettyDirector16 Mar 200719 Years 7 MonthsCurrent
Pravir Anand ShettyDirector01 Mar 200422 Years 7 MonthsCurrent
Shashirekha Anand ShettyDirector21 Aug 200323 Years 2 MonthsCurrent
Anand Monappa ShettyManaging Director01 Mar 200422 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr1.3%4.0%58Mumbai, 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 firmFinancial yearFirm registration number
Shetty and BalaFY 2023110083W

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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Plenco Plast India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹253.53 Cr
Satisfied charges
₹104.69 Cr
Breakdown by lending institutions
Others₹197.56 Cr
The Shamrao Vithal Cooperative Bank Limited₹50.07 Cr
The Shamrao Vithal Co-Operative Bank Limited₹5.70 Cr
Axis Bank Limited₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 May 2023100718764Axis Bank Limited₹20.25 LakhOpen
03 Dec 2021100510877Others₹56.52 CrOpen
06 Mar 2021100429337Others₹3.06 CrOpen
29 Jun 2020100349620Others₹1.44 CrOpen
29 Sep 2017100129477Others₹6.25 CrOpen

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.

Total deals
7
Secondary share transfers
5
Funding round
1
Acquisition
1
Disclosed funding
₹2.65 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: Organic Plastic Private Limited & Anand M Shetty, Organic Plastics Private Limited
Seller: Trident Polymers Private Limited
Mar 2018AcquisitionUndisclosedBuyer: Organic Plastics Private Limited
Seller: 4 individuals
Mar 2011Secondary share transferUndisclosedBuyer: Trident Polymers Private Limited , Organic Plastics Private Limited, an individual
Seller: 4 individuals
Mar 2010Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Trident Polymers Private Limited , Organic Plastics Private Limited
Mar 2007Funding round₹2.65 CrInvestors: 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.

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)

SupplierAmount dueDue sinceReported 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.

Employee count
58
Active EPFO establishments
1
Employee growth
-3.33%

GST

Plenco Plast India has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
26AADCP1787D1ZGDadra and Nagar Haveli and Daman and DiuActive01 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.

Charges
A charge registered on 05 Feb 2024 via Charge ID 100872907 with Hdfc Bank Limited was fully satisfied on 01 Oct 2025.
Charges
A charge with Others of Rs. 72.98 Cr registered on 14 Mar 2008 with Charge ID 10107751 was modified on 03 Sep 2025.
AGM
Plenco Plast India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Plenco Plast India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100872907 was registered on 05 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100718764 was registered on 12 May 2023.
Charges
A charge with Others of Rs. 56.52 Cr registered on 03 Dec 2021 with Charge ID 100510877 was modified on 28 Feb 2023.
Charges
A charge with Others amounted to Rs. 56.52 Cr with Charge ID 100510877 was registered on 03 Dec 2021.
Charges
A charge registered on 27 Aug 2007 via Charge ID 10067024 with The North Kanara G.S.B. Co-Op. Bank Ltd. was fully satisfied on 14 Oct 2021.
Charges
A charge with Others amounted to Rs. 3.06 Cr with Charge ID 100429337 was registered on 06 Mar 2021.
Charges
A charge with Others amounted to Rs. 1.44 Cr with Charge ID 100349620 was registered on 29 Jun 2020.
Charges
A charge registered on 03 Feb 2011 via Charge ID 10272295 with The Shamrao Vithal Co-Op Bank.Ltd was fully satisfied on 06 Jan 2020.

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:

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.