MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0009646
Ornate Plastics Pvt Ltd - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹16.94 Cr
▲ 11% YoY
Net profit · FY 2025
₹4.76 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹53.85 Lakh
EBITDA margin 3.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹13.5 Lakh
Issued & subscribed
Open charges
₹4.56 Cr
Satisfied ₹1.95 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
10
Provident fund records
About Ornate Plastics Pvt Ltd
Data last updated:
Ornate Plastics Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 01 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1986PTC008654. Its GSTIN is 24AAACO2475L1ZC (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.5 Lakh. It is led by directors including Kishorchandra Harjivanbhai Sanghvi and Sumit Kishorchandra Sanghvi.
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 Survey No. 1 Hanumanvadi 8 B Old National Highway Bamanbor Taluka – Chotila, Rajkot, Gujarat, India – 363520.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.94 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.76 Lakh (net margin 0.3%) and EBITDA of ₹53.85 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.56 Cr and satisfied charges of ₹1.95 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Ornate Plastics Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0009646). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paramountpipe.net.
Company details
CIN U25209GJ1986PTC008654
Registration Number 008654
Incorporation Date 01 May 1986
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0009646
Key People
Kishorchandra Harjivanbhai Sanghvi Director Sumit Kishorchandra Sanghvi Director Sachin Kishorchandra Sanghvi Director Recognitions & Rankings of Ornate Plastics
Contact details
Ornate Plastics Pvt Ltd's registered office is in Rajkot, Gujarat. Its website is paramountpipe.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 1 Hanumanvadi 8 B Old National Highway Bamanbor Taluka – Chotila, Rajkot, Gujarat, India – 363520
- IndustryManufacturing, Pipe & Tubes, Plastic-Based Products
To see the full contact details of Ornate Plastics Pvt Ltd, buy the company report.
Comprehensive company report
Ornate Plastics Pvt Ltd - 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
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Secure checkout · GST invoice included
Business activity
The main business activities of Ornate Plastics are manufacturing, trade and support service to organizations. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products, wholesale trading and other support services to organizations. 3 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Ornate Plastics Pvt Ltd, buy the company report.
Financials of Ornate Plastics Pvt Ltd
FY 2025 filings availableOrnate Plastics Pvt Ltd reported revenue of ₹16.94 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹16.94 Cr ▲ 11%
Net profit · FY 2025
₹4.76 Lakh margin 0.3%
EBITDA · FY 2025
₹53.85 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 12%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 18%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 11% growth in the latest year. EBITDA rose 18% 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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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹53.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.76 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 3.2% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ornate Plastics Pvt Ltd, buy the company report.
Board of directors of Ornate Plastics Pvt Ltd
Ornate Plastics has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishorchandra Harjivanbhai Sanghvi | Director | 29 Feb 2004 | 22 Years 7 Months | Current |
| Sumit Kishorchandra Sanghvi | Director | 17 Aug 2024 | 2 Years 2 Months | Current |
| Sachin Kishorchandra Sanghvi | Director | 17 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Ornate Plastics Pvt Ltd is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Pipes, Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Ace Mouldings Limited | ₹16.99 Cr (FY 2024) | -21.0% | Mumbai, Maharashtra, India | |||
| Opal Ware Private Limited | ₹16.97 Cr (FY 2024) | 0.0% | Village Bajrang Palaya, Madhya Pradesh, India | |||
| Ornate Plastics Pvt Ltdthis company | ₹16.94 Cr (FY 2025) | ₹4.76 Lakh | 0.3% | 11.0% | 10 | Rajkot, Gujarat, India |
| BBN Plastic Private Limited | ₹16.94 Cr (FY 2025) | -31.0% | Cuttack, Odisha, India | |||
| Rudra Pails India Private Limited | ₹16.87 Cr (FY 2025) | 19.0% | Kichha, Uttarakhand, India | |||
| Anticorrosion Engineers Private Limited | ₹16.87 Cr (FY 2025) | -60.0% | Kalyan, Maharashtra, India |
To see the full peer comparison of Ornate Plastics Pvt Ltd, buy the company report.
Auditor
Ornate Plastics Pvt Ltd is audited by VDM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VDM & CO | FY 2023 | 135396 |
Shareholding
The shareholding of Ornate Plastics Pvt Ltd 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 Ornate Plastics Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹4.56 Cr
Satisfied charges
₹1.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2017 | 100145774 | Hdfc Bank Limited | ₹2.97 Cr | Open | |
| 29 Sep 2009 | 10185889 | Hdfc Bank Limited | ₹1.59 Cr | Open | |
| 31 Jul 2021 | 100468438 | Hdfc Bank Limited | ₹15 Lakh | Satisfied | |
| 14 Sep 1993 | 90101439 | State Bank of India | ₹1 Cr | Satisfied | |
| 14 Mar 1993 | 90101418 | State Bank of Saurashtra | ₹80 Lakh | Satisfied |
To see the full charge records of Ornate Plastics Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Ornate Plastics Pvt Ltd has 3 court cases on record: 3 filed by Ornate Plastics. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed by the company against individuals | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Disposed |
To see the full case history of Ornate Plastics Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Ornate Plastics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ornate Plastics Pvt Ltd has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-9.09%
GST
Ornate Plastics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO2475L1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ornate Plastics Pvt Ltd, buy the company report.
Recent activity
Ornate Plastics Pvt Ltd has 10 board changes on record since 2004: 4 appointments and 6 cessations. The latest: Sachin Kishorchandra Sanghvi ceased to be Additional Director on 29 Sep 2024.
AGM
Ornate Plastics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ornate Plastics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Sachin Kishorchandra Sanghvi ceased to be Additional Director.
Ceased
Sumit Kishorchandra Sanghvi ceased to be Additional Director.
Appointed
Sachin Kishorchandra Sanghvi was appointed as Director.
Appointed
Sumit Kishorchandra Sanghvi was appointed as Director.
Charges
A charge registered on 31 Jul 2021 via Charge ID 100468438 with Hdfc Bank Limited was fully satisfied on 31 Jan 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 159.00 Lakh registered on 29 Sep 2009 with Charge ID 10185889 was modified on 26 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100468438 was registered on 31 Jul 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 296.50 Lakh with Charge ID 100145774 was registered on 28 Dec 2017.
Ceased
Meenaben Sureshchandra Sanghvi ceased to be Director.
Ceased
Sureshchandra Sanghavi ceased to be Director.
12 earlier events are in the company report.
Frequently asked questions
Ornate Plastics is an active private limited company based in Rajkot, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 01 May 1986 (40+ years old) and is registered under CIN U25209GJ1986PTC008654.
Ornate Plastics has 3 current directors:
- Kishorchandra Harjivanbhai Sanghvi - Director
- Sumit Kishorchandra Sanghvi - Director
- Sachin Kishorchandra Sanghvi - Director
The latest financial statements of Ornate Plastics 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 Ornate Plastics is 24AAACO2475L1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Ornate Plastics is U25209GJ1986PTC008654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ornate Plastics has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Ornate Plastics was incorporated on 01 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ornate Plastics by revenue are Ace Mouldings Limited, Opal Ware Private Limited, BBN Plastic Private Limited, Rudra Pails India Private Limited, Anticorrosion Engineers Private Limited, all in the Manufacturing industry (Pipes, Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Sachin Kishorchandra Sanghvi ceased to be Additional Director on 29 Sep 2024. Sumit Kishorchandra Sanghvi ceased to be Additional Director on 29 Sep 2024. Sachin Kishorchandra Sanghvi was appointed as Director on 17 Aug 2024. Ornate Plastics has 10 board changes on record in total.
Yes, Ornate Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0009646).
Ornate Plastics can be reached through the website paramountpipe.net. Its registered office is in Rajkot, Gujarat, India.