About Neoplast Engineering Private Limited
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Neoplast Engineering Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 10 September 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ1973PTC002377. Its GSTIN is 24AAACN9694C1ZD (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.14 Lakh. It is led by directors including Dhruv Jayantilal Shah (Managing Director) and Tushar Vinodchandra Parikh (Managing Director).
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. 43 Phase 1 GIDC Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹118.08 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹96.71 Lakh (net margin 0.8%) and EBITDA of ₹5.67 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 22% over five years.
The company is associated with 1 brand: Neoplast. As per MCA filings, the company has open charges of ₹26 Cr and satisfied charges of ₹4.95 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neoplast.com.
Company details
Contact details
Neoplast Engineering Private Limited's registered office is in Ahmedabad, Gujarat. Its website is neoplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 43 Phase 1 GIDC Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Neoplast Engineering 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
Neoplast Engineering operates one associated brand: Neoplast. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plastic processing services are offered by Neoplast in India. | neoplast.com |
Business activity
The main business activity of Neoplast Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Neoplast Engineering Private Limited, buy the company report.
Financials of Neoplast Engineering Private Limited
FY 2025 filings availableNeoplast Engineering Private Limited reported revenue of ₹118.08 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 26% growth in the latest year. EBITDA rose 52% 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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| Total Expenses | |||||
| EBITDA | ₹5.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96.71 Lakh | ||||
| 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 | 4.8% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Neoplast Engineering Private Limited, buy the company report.
Board of directors of Neoplast Engineering Private Limited
Neoplast Engineering has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parag Vinodchandra Parikh Also directs: Nnpi Plastic LLP | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Dhruv Jayantilal Shah Also directs: Nnpi Plastic LLP, Natson Foam Manufacturers Private Ltd. | Managing Director | 01 Apr 1978 | 48 Years 6 Months | Current |
| Tushar Vinodchandra Parikh | Managing Director | 12 Oct 1998 | 28 Years 0 Months | Current |
| Ankit Dhruvkumar Shah | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Atit Dhruv Shah Also directs: Nnpi Plastic LLP, Neocorp Engineering Private Limited | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Neoplast Engineering Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kathuria Roll Mill Private Limited | ₹121.09 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Homag India Private Limited | ₹118.23 Cr (FY 2025) | -19.0% | Bangalore, Karnataka, India | |||
| Neoplast Engineering Private Limitedthis company | ₹118.08 Cr (FY 2025) | ₹96.71 Lakh | 0.8% | 26.0% | Ahmedabad, Gujarat, India | |
| Menzel Engineering India Private Limited | ₹116.76 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Metallizing Equipment Company Private Limited | ₹115.49 Cr (FY 2025) | -12.0% | Jodhpur, Rajasthan, India | |||
| Prashant Gamatex Pvt Ltd | ₹115.31 Cr (FY 2025) | 27.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Neoplast Engineering Private Limited, buy the company report.
Auditor
Neoplast Engineering Private Limited is audited by SHAH BHARAT AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH BHARAT AND ASSOCIATES | FY 2024 | 116973W |
Shareholding
The shareholding of Neoplast Engineering Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neoplast Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2024 | 100900765 | Others | ₹22 Cr | Open | |
| 29 Jan 2021 | 100421272 | Others | ₹4 Cr | Open | |
| 28 Oct 2023 | 100824613 | Others | ₹3.9 Cr | Satisfied | |
| 03 Jul 2010 | 10233493 | Hdfc Bank Limited | ₹75 Lakh | Satisfied | |
| 14 Jun 2002 | 90110446 | Union Bank of India | ₹25 Lakh | Satisfied |
To see the full charge records of Neoplast Engineering Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Neoplast Engineering Private Limited has 12 court cases on record: 7 filed by Neoplast Engineering, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Iifl Finance Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Iifl Finance Ltd | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by Morgan Industries Ltd - Thro' R Santhanam, Assistant G.M and 5 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ms. Morgan Industries Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Hindustan Latex Ltd | Disposed |
To see the full case history of Neoplast Engineering 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
Neoplast Engineering Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 92 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jatin Industries | |||
| Gujarat Acetylene Pvt Ltd | |||
| Autoforge Engineers | |||
| Janatics India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Neoplast Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Neoplast Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN9694C1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neoplast Engineering Private Limited, buy the company report.
Recent activity
Neoplast Engineering Private Limited has 11 board changes on record since 1978: 5 appointments and 6 cessations. The latest: Amit Mahendra Parikh ceased to be Director on 25 Sep 2020.
14 earlier events are in the company report.
Frequently asked questions
Neoplast Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 10 September 1973 (53+ years old) and is registered under CIN U29259GJ1973PTC002377.
Neoplast Engineering has 5 current directors:
- Dhruv Jayantilal Shah - Managing Director
- Tushar Vinodchandra Parikh - Managing Director
- Parag Vinodchandra Parikh - Director
- Ankit Dhruvkumar Shah - Director
- Atit Dhruv Shah - Director
The latest financial statements of Neoplast Engineering 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 2015 are in the company report.
The GSTIN of Neoplast Engineering is 24AAACN9694C1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Neoplast Engineering is U29259GJ1973PTC002377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neoplast Engineering has 12 court cases on record: 7 filed by the company and 5 filed against it. Most are in the district courts.
Neoplast Engineering was incorporated on 10 September 1973, making it 53+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Neoplast Engineering by revenue are Kathuria Roll Mill Private Limited, Homag India Private Limited, Menzel Engineering India Private Limited, Metallizing Equipment Company Private Limited, Prashant Gamatex Pvt Ltd, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Amit Mahendra Parikh ceased to be Director on 25 Sep 2020. Ankit Dhruvkumar Shah was appointed as Director on 25 Sep 2020. Atit Dhruv Shah was appointed as Director on 25 Sep 2020. Neoplast Engineering has 11 board changes on record in total.
Neoplast Engineering has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 92 overdue payments to 25 micro and small suppliers. The latest return was filed on 31 May 2019.
Neoplast Engineering can be reached through the website neoplast.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Neoplast Engineering is at Plot No. 43 Phase 1 GIDC Vatva, Ahmedabad, Gujarat, India – 382445.