About Panchsheel Plastics Private Limited
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Panchsheel Plastics Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 16 October 1970 and has been in existence for over 56 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24300MH1970PTC014841. Its GSTIN is 27AAACP0521C1Z5 (Maharashtra).
The company has an authorised share capital of ₹13.55 Cr and a paid-up capital of ₹13.55 Cr. It is led by directors including Umashankar Shiwaprasad Modi and Kaushal Kumar Modi.
Its last annual general meeting (AGM) was held on 30 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. D 12th Floor Mbc Park D – Building, Ghodbunder Road Kasarvadavali Thane West, Maharashtra, India – 400615.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.84 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹3.81 Cr and EBITDA of -₹67.81 Lakh (EBITDA margin -97.1%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹103.05 Cr and satisfied charges of ₹198.43 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mbcspaces.com.
Company details
CIN history
Panchsheel Plastics has one previous CIN (Corporate Identification Number): U24300MH2004PTC014841. The current CIN is U24300MH1970PTC014841, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24300MH1970PTC014841 | Current |
| U24300MH2004PTC014841 | Previous |
Contact details
Panchsheel Plastics Private Limited's registered office is in Thane, Maharashtra. Its website is mbcspaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. D 12th Floor Mbc Park D – Building, Ghodbunder Road Kasarvadavali Thane West, Maharashtra, India – 400615
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Panchsheel Plastics 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
Business activity
The main business activity of Panchsheel Plastics is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Panchsheel Plastics Private Limited, buy the company report.
Financials of Panchsheel Plastics Private Limited
FY 2024 filings availablePanchsheel Plastics Private Limited reported revenue of ₹69.84 Lakh (down 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 77% fall in the latest year. EBITDA fell 715% 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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| EBITDA | -₹67.81 Lakh | ||||
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| Net Profit (PAT) | -₹3.81 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -97.1% | ||||
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To see the full financial statements and ratios of Panchsheel Plastics Private Limited, buy the company report.
Board of directors of Panchsheel Plastics Private Limited
Panchsheel Plastics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umashankar Shiwaprasad Modi Also directs: Warden Hyforce Pvt Ltd, Mahakali Plasti-Weave Private Limited, Creative Foundations Private Limited and 5 more | Director | 06 Feb 2003 | 23 Years 8 Months | Current |
| Kaushal Kumar Modi Also directs: Warden Hyforce Pvt Ltd, Mahakali Plasti-Weave Private Limited, Creative Foundations Private Limited and 5 more | Director | 29 Mar 2006 | 20 Years 7 Months | Current |
| Gitadevi Modi Also directs: Warden Hyforce Pvt Ltd, Mahakali Plasti-Weave Private Limited, Creative Foundations Private Limited and 5 more | Director | 21 Mar 2003 | 23 Years 7 Months | Current |
Peer comparison
Panchsheel Plastics Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panchsheel Plastics Private Limitedthis company | ₹69.84 Lakh (FY 2025) | -₹3.81 Cr | -77.0% | Thane, Maharashtra, India | ||
| Stonehenge Developers Private Limited | ₹69.83 Lakh (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| RM Plastics Private Limited | ₹69.8 Lakh (FY 2025) | 10.0% | Delhi, India | |||
| Meher Synthetics Private Limited | ₹69.74 Lakh (FY 2024) | 46.0% | Surat, Gujarat, India | |||
| Aakashdeep Infra Projects Private Limited | ₹69.7 Lakh (FY 2019) | -24.0% | Allahabad, Uttar Pradesh, India |
To see the full peer comparison of Panchsheel Plastics Private Limited, buy the company report.
Auditor
Panchsheel Plastics Private Limited is audited by H.S.P.& ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.S.P.& ASSOCIATES | FY 2023 | 127828W |
Shareholding
The shareholding of Panchsheel Plastics 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panchsheel Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2018 | 100220551 | Others | ₹12.24 Cr | Open | |
| 18 Feb 2016 | 10626090 | Others | ₹18.66 Cr | Open | |
| 30 Mar 2015 | 10563165 | Janata Shakari Bank Ltd. Pune | ₹6.72 Cr | Open | |
| 30 Mar 2015 | 10563319 | Janata Shakari Bank Ltd. Pune | ₹4 Cr | Open | |
| 30 Mar 2015 | 10563329 | Janata Shakari Bank Ltd. Pune | ₹16.27 Cr | Open |
To see the full charge records of Panchsheel Plastics Private Limited, buy the company report.
Total charge records: 36 View all charges
Legal cases
Panchsheel Plastics Private Limited has 9 court cases on record: 2 filed by Panchsheel Plastics, 7 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by Karvy Data Management Services Ltd Th Soumitra Rajendra Pandey | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Karvy Realty (India) Limited and Anr and 1 other | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Nkgsb Coop Bank Ltd | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed against the company by Nkgsb Co Op Bank Ltd | Disposed |
To see the full case history of Panchsheel Plastics 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
No delayed payments to MSME suppliers are on our record for Panchsheel Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Panchsheel Plastics has 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Panchsheel Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP0521C1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panchsheel Plastics Private Limited, buy the company report.
Recent activity
Panchsheel Plastics Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Shiwa Prasad Gajanand Modi ceased to be Director on 26 May 2008.
82 earlier events are in the company report.
Frequently asked questions
Panchsheel Plastics is an active private limited company based in Thane, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 16 October 1970 (56+ years old) and is registered under CIN U24300MH1970PTC014841.
Panchsheel Plastics has 3 current directors:
- Umashankar Shiwaprasad Modi - Director
- Kaushal Kumar Modi - Director
- Gitadevi Modi - Director
The latest financial statements of Panchsheel Plastics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Panchsheel Plastics is 27AAACP0521C1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Panchsheel Plastics is U24300MH1970PTC014841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panchsheel Plastics has 9 court cases on record: 2 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Panchsheel Plastics was incorporated on 16 October 1970, making it 56+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Panchsheel Plastics by revenue are Stonehenge Developers Private Limited, RM Plastics Private Limited, Meher Synthetics Private Limited, Aakashdeep Infra Projects Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Shiwa Prasad Gajanand Modi ceased to be Director on 26 May 2008. Kaushal Kumar Modi was appointed as Director on 29 Mar 2006. Gitadevi Modi was appointed as Director on 21 Mar 2003. Panchsheel Plastics has 4 board changes on record in total.
Panchsheel Plastics can be reached through the website mbcspaces.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Panchsheel Plastics is at Office No. D 12th Floor Mbc Park D – Building, Ghodbunder Road Kasarvadavali Thane West, Maharashtra, India – 400615.
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