Palm Plast Private Limited
About Palm Plast Private Limited
Data last updated:
Palm Plast Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the manufacturing segment of the plastics and polymers sector. It was incorporated on 06 January 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2023PTC138152. Its GSTIN is 24AANCP5023A1ZV (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Prakashbhai Popatbhai Sardhara and Sagar Bhupatbhai Nagar.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.81 Lakh, a growth of 145% compared to the previous year. For the same year it recorded a net loss of ₹18.25 Lakh (net margin -27.3%) and EBITDA of -₹5.82 Lakh (EBITDA margin -8.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palm Plast Private Limited's registered office is in Rajkot, Gujarat.
- Registered AddressPlot No. 46/2 K. P. Industrial Zone – 2 Street No. 3, B/H. Murlidhar Weigh Bridge Kothariya, Rajkot, Gujarat, India – 360004
- IndustryPlastics, Manufacturing, Tank, Plastic, Pvc, Synthetic
- 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
Business activity
The main business activity of Palm Plast is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Palm Plast Private Limited, buy the company report.
Financials of Palm Plast Private Limited
FY 2025 filings availablePalm Plast Private Limited reported revenue of ₹66.81 Lakh (up 145% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 145% in the latest year. EBITDA rose 19% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹5.82 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹18.25 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -8.7% | ||
| Net Profit Margin | -27.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Palm Plast Private Limited, buy the company report.
Board of directors of Palm Plast Private Limited
Palm Plast has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakashbhai Popatbhai Sardhara | Director | 06 Jan 2023 | 3 Years 9 Months | Current |
| Sagar Bhupatbhai Nagar | Director | 06 Jan 2023 | 3 Years 9 Months | Current |
| Hareshkumar Atmaram Lakhwani | Director | 06 Jan 2023 | 3 Years 9 Months | Current |
| Avisha Haresh Lakhwani | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
| Jatin Kiritkumar Parmar | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
| Dhiren Haresh Lakhwani Also directs: Rukmani Lifestyle LLP, Zermatt Luxe Private Limited | Director | 06 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Palm Plast Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (manufacture of rubber and plastics products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Junk Collectors Private Limited | ₹69.5 Lakh (FY 2025) | 19.0% | Delhi, India | |||
| Appl International Private Limited | ₹68.9 Lakh (FY 2025) | 40.0% | Pune, Maharashtra, India | |||
| Vrinda Ferrous Private Limited | ₹68.66 Lakh (FY 2024) | -63.0% | New Delhi, Delhi, India | |||
| Anandleela Buildcon Private Limited | ₹68.5 Lakh (FY 2024) | Indore, Madhya Pradesh, India | ||||
| Simron Technoplast India Private Limited | ₹68 Lakh (FY 2025) | 368.0% | Rajkot, Gujarat, India | |||
| Palm Plast Private Limitedthis company | ₹66.81 Lakh (FY 2025) | -₹18.25 Lakh | -27.3% | 145.0% | Rajkot, Gujarat, India | |
| Velvix Polymer Private Limited | ₹66.4 Lakh (FY 2025) | -7.0% | Visnagar, Gujarat, India | |||
| Bajaj Pipes & Fittings Limited | ₹66.25 Lakh (FY 2025) | 386.0% | Jaipur, Rajasthan, India | |||
| Vachan Polymer Private Limited | ₹65.19 Lakh (FY 2025) | -42.0% | Bangalore, Karnataka, India | |||
| Asiablu Industries Private Limited | ₹65.04 Lakh (FY 2025) | -92.0% | Delhi, India | |||
| Namokar Polymers Private Limited | ₹64.67 Lakh (FY 2025) | 22.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Palm Plast Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palm Plast Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palm Plast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palm Plast has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCP5023A1ZV | Gujarat | Active | 10 Feb 2023 |
To see the full GST registrations and return filing status of Palm Plast Private Limited, buy the company report.
Recent activity
Palm Plast Private Limited has 8 board changes on record since 2023: 6 appointments and 2 cessations. The latest: Avisha Haresh Lakhwani ceased to be Additional Director on 19 Oct 2023.
Frequently asked questions
Palm Plast is an active private limited company based in Rajkot, Gujarat, India. The company works in manufacturing, within the plastics industry. It was incorporated on 06 January 2023 (3+ years old) and is registered under CIN U25209GJ2023PTC138152.
Palm Plast has 6 current directors:
- Prakashbhai Popatbhai Sardhara - Director
- Sagar Bhupatbhai Nagar - Director
- Hareshkumar Atmaram Lakhwani - Director
- Avisha Haresh Lakhwani - Director
- Jatin Kiritkumar Parmar - Director
- Dhiren Haresh Lakhwani - Director
The latest financial statements of Palm Plast 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 FY 2023 are in the company report.
The GSTIN of Palm Plast is 24AANCP5023A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Palm Plast is U25209GJ2023PTC138152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palm Plast was incorporated on 06 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Palm Plast by revenue are Junk Collectors Private Limited, Appl International Private Limited, Vrinda Ferrous Private Limited, Anandleela Buildcon Private Limited, Simron Technoplast India Private Limited and 5 more, all in the same principal business activity (manufacture of rubber and plastics products).
Avisha Haresh Lakhwani ceased to be Additional Director on 19 Oct 2023. Jatin Kiritkumar Parmar ceased to be Additional Director on 19 Oct 2023. Avisha Haresh Lakhwani was appointed as Director on 01 Apr 2023. Palm Plast has 8 board changes on record in total.
The registered office of Palm Plast is at Plot No. 462 K. P. Industrial Zone – 2 Street No. 3, BH. Murlidhar Weigh Bridge Kothariya, Rajkot, Gujarat, India – 360004.
Palm Plast operates in the plastics industry, in the manufacturing segment.
The compliance status of Palm Plast is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
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