MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0009642
Parimal Polypet Industries Limited
Parimal Polypet Industries Limited - manufacturing in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹27 Cr
▲ 32% YoY
Net profit · FY 2023
₹8.69 Lakh
Net margin 0.3%
EBITDA · FY 2023
₹58.86 Lakh
EBITDA margin 2.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹4.36 Cr
Satisfied ₹3 Cr
Company age
14 yrs
Est. 2012
Directors on board
5
As per MCA filings
About Parimal Polypet Industries Limited
Data last updated:
Parimal Polypet Industries Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 22 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2012PLC072407. Its GSTIN is 24AAGCP8577N1ZM (Gujarat). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Hitesh Vasant Shah and Mehul Vrajlal Dattani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No G 549 Lodhika Industrial Estate GIDC Metoda, Rajkot, Gujarat, India – 360021.
As per the financials filed for FY 2023, the company reported a revenue of ₹27 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹8.69 Lakh (net margin 0.3%) and EBITDA of ₹58.86 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹4.36 Cr and satisfied charges of ₹3 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Parimal Polypet Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0009642). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25200GJ2012PLC072407
Registration Number 072407
Incorporation Date 22 October 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0009642
Key People
Hitesh Vasant Shah Director Mehul Vrajlal Dattani Director Viraj Vinodkumar Dattani Director Recognitions & Rankings of Parimal Polypet Industries
Contact details
Parimal Polypet Industries Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No G 549 Lodhika Industrial Estate GIDC Metoda, Rajkot, Gujarat, India – 360021
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Parimal Polypet Industries Limited, buy the company report.
Comprehensive company report
Parimal Polypet Industries 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
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Business activity
The main business activity of Parimal Polypet Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| 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 |
To see the full business activity and turnover split of Parimal Polypet Industries Limited, buy the company report.
Financials of Parimal Polypet Industries Limited
FY 2023 filings availableParimal Polypet Industries Limited reported revenue of ₹27 Cr (up 32% YoY) for FY 2023.
Revenue · FY 2023
₹27 Cr ▲ 32%
Net profit · FY 2023
₹8.69 Lakh margin 0.3%
EBITDA · FY 2023
₹58.86 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 3%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 4%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 32% growth in the latest year. EBITDA fell 13% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹58.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.69 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Parimal Polypet Industries Limited, buy the company report.
Board of directors of Parimal Polypet Industries Limited
Parimal Polypet Industries has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Vasant Shah | Director | 22 Oct 2012 | 14 Years 0 Months | Current |
| Mehul Vrajlal Dattani | Director | 22 Oct 2012 | 14 Years 0 Months | Current |
| Viraj Vinodkumar Dattani | Director | 01 Nov 2012 | 13 Years 11 Months | Current |
| Krunal Vinod Vithalani | Director | 27 Jan 2014 | 12 Years 8 Months | Current |
| Dharmesh Dhanesha Damodar Also directs: Aaditya Poly Pet India Private Limited, Hirich Industries Limited | Director | 22 Oct 2012 | 14 Years 0 Months | Current |
Peer comparison
Parimal Polypet Industries Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Oswin Plastics Pvt Ltd | ₹27.19 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Kanmani Poly Pack Private Limited | ₹27.07 Cr (FY 2025) | -12.0% | Sivakasi, Tamil Nadu, India | |||
| Parimal Polypet Industries Limitedthis company | ₹27 Cr (FY 2023) | ₹8.69 Lakh | 0.3% | 32.0% | Rajkot, Gujarat, India | |
| Amr Manufacturing Private Limited | ₹26.82 Cr (FY 2025) | -1.0% | Chandauli, Uttar Pradesh, India | |||
| Alexa Polyfab Private Limited | ₹26.8 Cr (FY 2025) | 53.0% | Halvad, Gujarat, India |
To see the full peer comparison of Parimal Polypet Industries Limited, buy the company report.
Auditor
Parimal Polypet Industries Limited is audited by PABARI ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PABARI ASSOCIATES | FY 2023 | 108584 |
Shareholding
The shareholding of Parimal Polypet Industries Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parimal Polypet Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹4.36 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2018 | 100175639 | Others | ₹4.36 Cr | Open | |
| 31 Jan 2013 | 10412238 | Oriental Bank of Commerce | ₹3 Cr | Satisfied |
To see the full charge records of Parimal Polypet Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Parimal Polypet Industries Limited has 4 court cases on record: 4 filed by Parimal Polypet Industries. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Dhruvi Foods and Beverages Ltd Ors. | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Vina Agro Technology P Ltd and 2 | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against White Wisdom Aqua Pvt Ltd | Disposed |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against Medhekar Foods and Beverages Industries Ors. | Disposed |
To see the full case history of Parimal Polypet Industries 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 Parimal Polypet Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parimal Polypet Industries has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCP8577N1ZM | Gujarat | Active | 01 Jul 2017 |
| 27AAGCP8577N1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parimal Polypet Industries Limited, buy the company report.
Recent activity
Parimal Polypet Industries Limited has 8 board changes on record since 2012: 5 appointments and 3 cessations. The latest: Bhavesh Dhanesha Damodar ceased to be Director on 01 Dec 2017.
AGM
Parimal Polypet Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Parimal Polypet Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 4.36 Cr registered on 19 Mar 2018 with Charge ID 100175639 was modified on 10 Jul 2020.
Charges
A charge registered on 31 Jan 2013 via Charge ID 10412238 with Oriental Bank Of Commerce was fully satisfied on 03 Apr 2018.
Charges
A charge with Others amounted to Rs. 4.36 Cr with Charge ID 100175639 was registered on 19 Mar 2018.
Ceased
Bhavesh Dhanesha Damodar ceased to be Director.
Ceased
Sunilkumar Dinkarrai Thakkar ceased to be Director.
Ceased
Yogi Vinodkumar Dattani ceased to be Director.
Appointed
Krunal Vinod Vithalani was appointed as Director.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 3.00 Cr with Charge ID 10412238 was registered on 31 Jan 2013.
Appointed
Viraj Vinodkumar Dattani was appointed as Director.
Appointed
Dharmesh Dhanesha Damodar was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Parimal Polypet Industries is an active public limited company based in Rajkot, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 22 October 2012 (14+ years old) and is registered under CIN U25200GJ2012PLC072407.
Parimal Polypet Industries has 5 current directors:
- Hitesh Vasant Shah - Director
- Mehul Vrajlal Dattani - Director
- Viraj Vinodkumar Dattani - Director
- Krunal Vinod Vithalani - Director
- Dharmesh Dhanesha Damodar - Director
The latest financial statements of Parimal Polypet Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Parimal Polypet Industries is 24AAGCP8577N1ZM, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAGCP8577N1ZG (Maharashtra).
The CIN (Corporate Identification Number) of Parimal Polypet Industries is U25200GJ2012PLC072407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parimal Polypet Industries has 4 court cases on record: 4 filed by the company. 1 is pending.
Parimal Polypet Industries was incorporated on 22 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parimal Polypet Industries by revenue are Oswin Plastics Pvt Ltd, Kanmani Poly Pack Private Limited, Amr Manufacturing Private Limited, Alexa Polyfab Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Bhavesh Dhanesha Damodar ceased to be Director on 01 Dec 2017. Sunilkumar Dinkarrai Thakkar ceased to be Director on 01 Dec 2017. Yogi Vinodkumar Dattani ceased to be Director on 01 Dec 2017. Parimal Polypet Industries has 8 board changes on record in total.
Yes, Parimal Polypet Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0009642).
The registered office of Parimal Polypet Industries is at Plot No G 549 Lodhika Industrial Estate GIDC Metoda, Rajkot, Gujarat, India – 360021.