Pavak Plast Pvt Ltd
About Pavak Plast Pvt Ltd
Data last updated:
Pavak Plast Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 21 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1991PTC015093. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.25 Lakh. It is led by directors Ashaben Suresh Patel and Saurabh Khodidas 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 Sf – 22 Shakti Arcade Opp. Auda Water Tank Sciency City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.1 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.77 Lakh (net margin -21.9%) and EBITDA of ₹2.24 Lakh (EBITDA margin 27.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹44.3 Lakh and satisfied charges of ₹23 Lakh on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pavak Plast Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSf – 22 Shakti Arcade Opp. Auda Water Tank Sciency City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryFinancial Services, Equipment Leasing & Financing, Real Estate Financing
To see the full contact details of Pavak Plast Pvt Ltd, 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
Financials of Pavak Plast Pvt Ltd
FY 2025 filings availablePavak Plast Pvt Ltd reported revenue of ₹8.1 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 5% growth in the latest year. EBITDA fell 17% 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 | ₹2.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.77 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.7% | ||||
| Net Profit Margin | -21.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Pavak Plast Pvt Ltd, buy the company report.
Board of directors of Pavak Plast Pvt Ltd
Pavak Plast has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashaben Suresh Patel Also directs: Patel Plast International Ltd | Director | 21 Feb 1991 | 35 Years 8 Months | Current |
| Saurabh Khodidas Patel | Director | 25 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Pavak Plast Pvt Ltd is compared with the 10 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing, Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Big Buildwell Private Limited | ₹8.11 Lakh (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Keytuo Chemicals Limited | ₹8.11 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Circumflex Infinity Advisors Private Limited | ₹8.11 Lakh (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Namaskar Tours Pvt Ltd | ₹8.1 Lakh (FY 2023) | 35.0% | Kolkata, West Bengal, India | |||
| Unmukt Tracom Pvt Ltd | ₹8.1 Lakh (FY 2019) | -78.0% | Kolkata, West Bengal, India | |||
| Pavak Plast Pvt Ltdthis company | ₹8.1 Lakh (FY 2025) | -₹1.77 Lakh | -21.9% | 5.0% | Ahmedabad, Gujarat, India | |
| Unique Realcon Private Limited | ₹8.09 Lakh (FY 2024) | 11.0% | Delhi, India | |||
| Harsh Informatics Pvt Ltd | ₹8.09 Lakh (FY 2024) | 11.0% | New Delhi, Delhi, India | |||
| Sunrise Film Distributors Pvt Ltd | ₹8.08 Lakh (FY 2025) | 30.0% | Kolkata, West Bengal, India | |||
| Irc Carriers Pvt Ltd | ₹8.08 Lakh (FY 2024) | 23.0% | Kolkata, West Bengal, India | |||
| A.K. Realties Private Limited | ₹8.06 Lakh (FY 2025) | -20.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Pavak Plast Pvt Ltd, buy the company report.
Auditor
Pavak Plast Pvt Ltd is audited by PRAKASH B SHETH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH B SHETH & CO | FY 2021 | 108069W |
Shareholding
The shareholding of Pavak Plast Pvt Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pavak Plast Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 1992 | 90108886 | Gujarat State Financial Corporation | ₹44.3 Lakh | Open | |
| 30 Mar 2005 | 90110912 | The Kalupur Commercial Co-Op Bank Ltd. | ₹10 Lakh | Satisfied | |
| 12 Feb 1993 | 90111198 | The Kalupur Commercial Co-Op Bank Ltd. | ₹13 Lakh | Satisfied |
To see the full charge records of Pavak Plast Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Pavak Plast Pvt Ltd has 5 court cases on record: 2 filed by Pavak Plast, 3 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Patel Plast Private Limited | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (SPCS) | Filed against the company by Patel Plast Pvt.Ltd. Through Its Maheshbhai B. Patel | Pending |
| District court, GANDHINAGAR, Gujarat | Civil suit | Filed by the company against M/S Patel Plast Private Limited Through Its Director Maheshbhai Patel | Pending |
| District court, GANDHINAGAR, Gujarat | Court case (MCA) | Filed by the company against Patel Plast Private Limited Through Its Director Maheshbhai Bhikhabhai Patel | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Gujarat Industrial Investment Corporation Ltd. | Disposed |
To see the full case history of Pavak Plast Pvt Ltd, 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 Pavak Plast Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pavak Plast has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pavak Plast Pvt Ltd, buy the company report.
Recent activity
Pavak Plast Pvt Ltd has 5 board changes on record since 1991: 2 appointments and 3 cessations. The latest: Nishit Suresh Patel ceased to be Director on 23 Oct 2018.
3 earlier events are in the company report.
Frequently asked questions
Pavak Plast is an active private limited company based in Ahmedabad, Gujarat, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 21 February 1991 (35+ years old) and is registered under CIN U25209GJ1991PTC015093.
Pavak Plast has 2 current directors:
- Ashaben Suresh Patel - Director
- Saurabh Khodidas Patel - Director
The latest financial statements of Pavak Plast 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.
No. Pavak Plast has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pavak Plast is U25209GJ1991PTC015093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pavak Plast has 5 court cases on record: 2 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Pavak Plast was incorporated on 21 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Pavak Plast by revenue are Big Buildwell Private Limited, Keytuo Chemicals Limited, Circumflex Infinity Advisors Private Limited, Namaskar Tours Pvt Ltd, Unmukt Tracom Pvt Ltd and 5 more, all in the BFSI industry (Machinery and Equipment Leasing, Real Estate Leasing).
Nishit Suresh Patel ceased to be Director on 23 Oct 2018. Saurabh Khodidas Patel ceased to be Additional Director on 29 Sep 2017. Saurabh Khodidas Patel was appointed as Director on 25 Mar 2017. Pavak Plast has 5 board changes on record in total.
The registered office of Pavak Plast is at Sf – 22 Shakti Arcade Opp. Auda Water Tank Sciency City Road Sola, Ahmedabad, Gujarat, India – 380060.
Pavak Plast operates in the financial services industry, in the equipment leasing and financing segment.
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