- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-21-0000466

About Patco Polypack Private Limited
Data last updated:
Patco Polypack Private Limited is a private limited company based in Prantij, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 20 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17309GJ2016PTC092548. Its GSTIN is 24AAICP6602Q1Z0 (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Nareshkumar Purshottamdas Patel and Pravinbhai Amrutbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 202 217 218 At Ghadi Taluka Prantij Dist. Sabarkantha, Gujarat, India – 383215.
As per the financials filed for FY 2023, the company reported a revenue of ₹57.08 Cr. For the same year it recorded a net profit of ₹46.61 Lakh (net margin 0.8%) and EBITDA of ₹2.41 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 56% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Patco Polypack. As per MCA filings, the company has open charges of ₹20.6 Cr and satisfied charges of ₹42.95 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.99 Cr; the latest was in November 2021.
Patco Polypack Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0000466). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website patcopolypack.com.
Company details
Recognitions & Rankings of Patco Polypack
Contact details
Patco Polypack Private Limited's registered office is in Prantij, Gujarat. Its website is patcopolypack.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 202 217 218 At Ghadi Taluka Prantij Dist. Sabarkantha, Gujarat, India – 383215
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Patco Polypack 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
Patco Polypack operates one associated brand: PATCO POLYPACK. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of tarpaulin sheets and fabrics in India. | patcopolypack.com |
Financials of Patco Polypack Private Limited
FY 2024 filings availablePatco Polypack Private Limited reported revenue of ₹57.08 Cr for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years. EBITDA rose 15% 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 | ₹57.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.61 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Patco Polypack Private Limited, buy the company report.
Board of directors of Patco Polypack Private Limited
Patco Polypack has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nareshkumar Purshottamdas Patel Also directs: Sabar Cotton Private Limited, Prime Insulators Private Limited | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
| Pravinbhai Amrutbhai Patel | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
| Vishnubhai Motibhai Patel | Director | 20 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Patco Polypack Private Limited is audited by K. K. Patel & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. K. Patel & Associates | FY 2023 | 108378 |
Shareholding
The shareholding of Patco Polypack 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 Patco Polypack Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2024 | 100881441 | Others | ₹20.6 Cr | Open | |
| 29 Jun 2019 | 100280984 | Hdfc Bank Limited | ₹25.75 Cr | Satisfied | |
| 24 Mar 2017 | 100097081 | Dena Bank | ₹8.6 Cr | Satisfied | |
| 21 Mar 2017 | 100097082 | Dena Bank | ₹8.6 Cr | Satisfied |
To see the full charge records of Patco Polypack Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Patco Polypack Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.99 Cr; the latest was in November 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Aug 2016 | Funding round | ₹2.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Patco Polypack Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Adwin Polyplast LLP- Uttambhai Pankajbhai Gaami C.A. 444624 | Pending |
| District court, MORBI, Gujarat | Criminal miscellaneous application | Filed against the company by Adwin Polyplast LLP- Uttambhai Pankajbhai Gaami C.A.370520 | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Mahesana, Gujarat | Commercial matter | Filed against the company by Patel Dharmishthaben Vasantkumar Proprietor Maruti Agro Industiries | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Patco Polypack 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 Patco Polypack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Patco Polypack Private Limited has a workforce of 13 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Patco Polypack has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICP6602Q1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patco Polypack Private Limited, buy the company report.
Recent activity
Patco Polypack Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Chimanbhai Manabhai Patel ceased to be Director on 30 May 2019.
4 earlier events are in the company report.
Frequently asked questions
Patco Polypack is an active private limited company based in Prantij, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 20 June 2016 (10+ years old) and is registered under CIN U17309GJ2016PTC092548.
Patco Polypack has 3 current directors:
- Nareshkumar Purshottamdas Patel - Director
- Pravinbhai Amrutbhai Patel - Director
- Vishnubhai Motibhai Patel - Director
The latest financial statements of Patco Polypack on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Patco Polypack is 24AAICP6602Q1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Patco Polypack is U17309GJ2016PTC092548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patco Polypack has 5 court cases on record: 5 filed against it. 3 are pending.
Patco Polypack was incorporated on 20 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Patco Polypack has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2.99 Cr; the latest was in November 2021.
Chimanbhai Manabhai Patel ceased to be Director on 30 May 2019. Chimanbhai Manabhai Patel was appointed as Director on 20 Jun 2016. Nareshkumar Purshottamdas Patel was appointed as Director on 20 Jun 2016. Patco Polypack has 5 board changes on record in total.
Yes, Patco Polypack is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-21-0000466).