DPIIT recognised startup Government of India
Startup India
Patel Strap Private Limited - manufacturing in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹48.81 Cr
▲ 26% YoY
Net profit · FY 2025
₹1.12 Cr
Net margin 2.3%
EBITDA · FY 2025
₹2.94 Cr
EBITDA margin 6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹15.93 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
8
As per MCA filings
About Patel Strap Private Limited
Data last updated:
Patel Strap Private Limited is a private limited company based in Bhavnagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 24 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2021PTC125850. Its GSTIN is 24AAMCP3192R1ZN (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Jayashriben Kalpeshbhai Bhadani and Pujaben Jagdishbhai Bhadani.
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 Survey No. 366/22/Unit No. – 2 Bhavnagar – Rajkot Highway, Opp. Indian Oil Petro Pump Kardej (Navagam), Gujarat, India – 364060.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.81 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 2.3%) and EBITDA of ₹2.94 Cr (EBITDA margin 6%).
The company is associated with 1 brand: Patel Strap. As per MCA filings, the company has open charges of ₹15.93 Cr on record.
Patel Strap Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0026297). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website patelstrap.com.
Company details
CIN U25209GJ2021PTC125850
Registration Number 125850
Incorporation Date 24 September 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-05-0026297
Key People
Jayashriben Kalpeshbhai Bhadani Director Pujaben Jagdishbhai Bhadani Director Shobhanaben Ghelani Director Recognitions & Rankings of Patel Strap
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-05-0026297
Contact details
Patel Strap Private Limited's registered office is in Bhavnagar, Gujarat. Its website is patelstrap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 366/22/Unit No. – 2 Bhavnagar – Rajkot Highway, Opp. Indian Oil Petro Pump Kardej (Navagam), Gujarat, India – 364060
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Patel Strap Private Limited, buy the company report.
Comprehensive company report
Patel Strap 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
Brands
Patel Strap operates one associated brand: Patel Strap. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of PET straps and industrial tools in India. | patelstrap.com |
Business activity
The main business activity of Patel Strap 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 Patel Strap Private Limited, buy the company report.
Financials of Patel Strap Private Limited
FY 2025 filings availablePatel Strap Private Limited reported revenue of ₹48.81 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹48.81 Cr ▲ 26%
Net profit · FY 2025
₹1.12 Cr margin 2.3%
EBITDA · FY 2025
₹2.94 Cr margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
EBITDA CAGR growth
1 year
▲ 76%
Revenue rose 26% in the latest year. EBITDA rose 76% 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 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.94 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.12 Cr | |||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6% | |||
| Net Profit Margin | 2.3% | |||
| 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 Patel Strap Private Limited, buy the company report.
Board of directors of Patel Strap Private Limited
Patel Strap has 8 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayashriben Kalpeshbhai Bhadani | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
| Pujaben Jagdishbhai Bhadani | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
| Shobhanaben Ghelani | Director | 24 Dec 2021 | 4 Years 9 Months | Current |
| Harshadbhai Mavjibhai Ghelani | Director | 24 Sep 2021 | 5 Years 0 Months | Current |
| Nagjibhai Thakarshibhai Bhadani | Director | 24 Sep 2021 | 5 Years 0 Months | Current |
| Manishaben Hasmukhbhai Viradiya Also directs: Appl Containers Limited | Director | 24 Sep 2021 | 5 Years 0 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Patel Strap Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Joyful Plastics Private Limited | ₹49.18 Cr (FY 2024) | -18.0% | Mumbai, Maharashtra, India | |||
| Atharva Poly-Plast Limited | ₹49.06 Cr (FY 2025) | 14.0% | Pune, Maharashtra, India | |||
| Shriram Filaments and Ropes Private Limited | ₹48.95 Cr (FY 2025) | -13.0% | Barshi, Maharashtra, India | |||
| Dhaulagiree Polyolefins Pvt Ltd | ₹48.83 Cr (FY 2024) | 5.0% | Howrah, West Bengal, India | |||
| Patel Strap Private Limitedthis company | ₹48.81 Cr (FY 2025) | ₹1.12 Cr | 2.3% | 26.0% | Bhavnagar, Gujarat, India | |
| Kohinoor Pondliner Private Limited | ₹48.73 Cr (FY 2024) | 23.0% | Pune, Maharashtra, India | |||
| Ruparel Plastics Pvt Ltd | ₹48.05 Cr (FY 2024) | 18.0% | Bhavnagar, Gujarat, India | |||
| Yash Plastomet Private Limited | ₹48.02 Cr (FY 2024) | -11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Patel Strap Private Limited, buy the company report.
Auditor
Patel Strap Private Limited is audited by J. Vasania & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. Vasania & Associates | FY 2023 | 117332W |
Shareholding
The shareholding of Patel Strap Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Patel Strap Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.93 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2022 | 100657543 | Hdfc Bank Limited | ₹15.93 Cr | Open |
To see the full charge records of Patel Strap Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Patel Strap 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
Patel Strap Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 11 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Dolphin Polyfill Private Limited | |||
| Halifax Greentech LLP | |||
| Hy-Tech Engineering Co | |||
| Aec Plast Private Limited | |||
| Aarya Electricals |
To see the full MSME payment records of Patel Strap Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Patel Strap Private Limited has 1 active EPFO establishment as of Apr 03, 2024.
Active EPFO establishments
1
GST
Patel Strap has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCP3192R1ZN | Gujarat | Active | 25 Jan 2022 |
To see the full GST registrations and return filing status of Patel Strap Private Limited, buy the company report.
Recent activity
Patel Strap Private Limited has 15 board changes on record since 2021: 10 appointments and 5 cessations. The latest: Ektaben Vaibhavbhai Viradiya was appointed as Director on 27 Aug 2025.
AGM
Patel Strap Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Ektaben Vaibhavbhai Viradiya was appointed as Director.
Appointed
Saritaben Viradiya was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 1,592.83 Lakh registered on 09 Dec 2022 with Charge ID 100657543 was modified on 12 May 2025.
Filing
Patel Strap Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,592.83 Lakh with Charge ID 100657543 was registered on 09 Dec 2022.
Ceased
Jayashriben Kalpeshbhai Bhadani ceased to be Additional Director.
Ceased
Pujaben Jagdishbhai Bhadani ceased to be Additional Director.
Ceased
Shobhanaben Ghelani ceased to be Additional Director.
Ceased
Tejasbhai Vallabhbhai Viradiya ceased to be Additional Director.
Ceased
Vaibhav Vallabhbhai Viradiya ceased to be Additional Director.
Appointed
Jayashriben Kalpeshbhai Bhadani was appointed as Director.
8 earlier events are in the company report.
Frequently asked questions
Patel Strap is an active private limited company based in Bhavnagar, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 24 September 2021 (5+ years old) and is registered under CIN U25209GJ2021PTC125850.
Patel Strap has 8 current directors:
- Jayashriben Kalpeshbhai Bhadani - Director
- Pujaben Jagdishbhai Bhadani - Director
- Shobhanaben Ghelani - Director
- Harshadbhai Mavjibhai Ghelani - Director
- Nagjibhai Thakarshibhai Bhadani - Director
- Manishaben Hasmukhbhai Viradiya - Director
- Ektaben Vaibhavbhai Viradiya - Director
- Saritaben Viradiya - Director
The latest financial statements of Patel Strap 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 2022 are in the company report.
The GSTIN of Patel Strap is 24AAMCP3192R1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Patel Strap is U25209GJ2021PTC125850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patel Strap was incorporated on 24 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Patel Strap by revenue are Joyful Plastics Private Limited, Atharva Poly-Plast Limited, Shriram Filaments and Ropes Private Limited, Dhaulagiree Polyolefins Pvt Ltd, Kohinoor Pondliner Private Limited and 2 more, 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).
Ektaben Vaibhavbhai Viradiya was appointed as Director on 27 Aug 2025. Saritaben Viradiya was appointed as Director on 21 Aug 2025. Jayashriben Kalpeshbhai Bhadani ceased to be Additional Director on 10 Sep 2022. Patel Strap has 15 board changes on record in total.
Yes, Patel Strap is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Patel Strap is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-05-0026297).
Patel Strap has 5 MSME Form 1 returns on record between 2023 and 2024, listing 11 overdue payments to 6 micro and small suppliers. The latest return was filed on 23 Apr 2024.
Patel Strap can be reached through the website patelstrap.com. Its registered office is in Bhavnagar, Gujarat, India.