MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-24-0003225
Patel Plastic Bags Private Limited
Patel Plastic Bags Private Limited - manufacturing in Shimoga, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.47 Cr
▲ 2% YoY
Net profit · FY 2025
₹8.35 Lakh
Net margin 1%
EBITDA · FY 2025
₹26.3 Lakh
EBITDA margin 3.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹22.2 Lakh
Issued & subscribed
Open charges
₹1.22 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
23
Provident fund records
About Patel Plastic Bags Private Limited
Data last updated:
Patel Plastic Bags Private Limited is a private limited company based in Shimoga, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 21 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2007PTC042144. Its GSTIN is 29AAECP2196D1ZC (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.2 Lakh. It is led by directors including Ganga Bai and Mehraram Patel.
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 No.384 Patel Nivas Ist Cross Tilak Nagar, Shimoga, Karnataka, India – 577201.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.47 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹8.35 Lakh (net margin 1%) and EBITDA of ₹26.3 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 16% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.22 Cr on record.
Patel Plastic Bags Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0003225). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25209KA2007PTC042144
Registration Number 042144
Incorporation Date 21 March 2007
ROC Bangalore
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-KR-24-0003225
Recognitions & Rankings of Patel Plastic Bags
Contact details
Patel Plastic Bags Private Limited's registered office is in Shimoga, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.384 Patel Nivas Ist Cross Tilak Nagar, Shimoga, Karnataka, India – 577201
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Patel Plastic Bags Private Limited, buy the company report.
Comprehensive company report
Patel Plastic Bags Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Patel Plastic Bags 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 Patel Plastic Bags Private Limited, buy the company report.
Financials of Patel Plastic Bags Private Limited
FY 2025 filings availablePatel Plastic Bags Private Limited reported revenue of ₹8.47 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹8.47 Cr ▲ 2%
Net profit · FY 2025
₹8.35 Lakh margin 1%
EBITDA · FY 2025
₹26.3 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 2%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 2%
5 years · compounded
▼ 3%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 2% growth in the latest year. EBITDA fell 25% 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 | ₹26.3 Lakh | ||||
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| Net Profit (PAT) | ₹8.35 Lakh | ||||
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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 | 3.1% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Patel Plastic Bags Private Limited, buy the company report.
Board of directors of Patel Plastic Bags Private Limited
Patel Plastic Bags has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganga Bai | Director | 21 Mar 2007 | 19 Years 7 Months | Current |
| Mehraram Patel | Director | 21 Mar 2007 | 19 Years 7 Months | Current |
| Mangalaram Patel | Director | 21 Mar 2007 | 19 Years 7 Months | Current |
| Seetha Devi Patel | Director | 21 Mar 2007 | 19 Years 7 Months | Current |
Auditor
Patel Plastic Bags Private Limited is audited by PRADEEP P ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP P ASSOCIATES | FY 2019 | 008348S |
Shareholding
The shareholding of Patel Plastic Bags Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Patel Plastic Bags Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.22 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2014 | 10483650 | Canara Bank | ₹9 Lakh | Open | |
| 05 Dec 2012 | 10395254 | The Karnataka State Financial Corporation | ₹37.95 Lakh | Open | |
| 13 Jan 2010 | 10199723 | The Karnataka State Financial Corporation | ₹15 Lakh | Open | |
| 05 Jun 2009 | 10165591 | Canara Bank | ₹5.5 Lakh | Open | |
| 17 Mar 2009 | 10155922 | Canara Bank | ₹54.5 Lakh | Open |
To see the full charge records of Patel Plastic Bags Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Patel Plastic Bags 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 Patel Plastic Bags Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Patel Plastic Bags Private Limited has a workforce of 23 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
4.55%
GST
Patel Plastic Bags has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP2196D1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patel Plastic Bags Private Limited, buy the company report.
Recent activity
Patel Plastic Bags Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Ganga Bai was appointed as Director on 21 Mar 2007.
AGM
Patel Plastic Bags Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Patel Plastic Bags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 9.00 Lakh with Charge ID 10483650 was registered on 26 Feb 2014.
Charges
A charge with Canara Bank of Rs. 54.50 Lakh registered on 17 Mar 2009 with Charge ID 10155922 was modified on 26 Feb 2014.
Charges
A charge with The Karnataka State Financial Corporation of Rs. 37.95 Lakh registered on 05 Dec 2012 with Charge ID 10395254 was modified on 20 Jan 2014.
Charges
A charge with The Karnataka State Financial Corporation amounted to Rs. 37.95 Lakh with Charge ID 10395254 was registered on 05 Dec 2012.
Charges
A charge with The Karnataka State Financial Corporation amounted to Rs. 15.00 Lakh with Charge ID 10199723 was registered on 13 Jan 2010.
Charges
A charge with Canara Bank amounted to Rs. 5.50 Lakh with Charge ID 10165591 was registered on 05 Jun 2009.
Charges
A charge with Canara Bank amounted to Rs. 54.50 Lakh with Charge ID 10155922 was registered on 17 Mar 2009.
Appointed
Ganga Bai was appointed as Director.
Appointed
Mangalaram Patel was appointed as Director.
Appointed
Mehraram Patel was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Patel Plastic Bags is an active private limited company based in Shimoga, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 21 March 2007 (19+ years old) and is registered under CIN U25209KA2007PTC042144.
Patel Plastic Bags has 4 current directors:
- Ganga Bai - Director
- Mehraram Patel - Director
- Mangalaram Patel - Director
- Seetha Devi Patel - Director
The latest financial statements of Patel Plastic Bags 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 Patel Plastic Bags is 29AAECP2196D1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Patel Plastic Bags is U25209KA2007PTC042144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patel Plastic Bags was incorporated on 21 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Ganga Bai was appointed as Director on 21 Mar 2007. Mangalaram Patel was appointed as Director on 21 Mar 2007. Mehraram Patel was appointed as Director on 21 Mar 2007. Patel Plastic Bags has 4 board changes on record in total.
Yes, Patel Plastic Bags is registered as a small enterprise under Udyam registration (number: UDYAM-KR-24-0003225).
The registered office of Patel Plastic Bags is at No.384 Patel Nivas Ist Cross Tilak Nagar, Shimoga, Karnataka, India – 577201.
Patel Plastic Bags operates in the manufacturing industry, in the plastic-based products segment.