About Pigeon Plast Pvt Ltd
Data last updated:
Pigeon Plast Pvt Ltd was a private limited company based in Palsana, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 August 1992.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1992PTC018096. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹13.79 Lakh. It was led by directors Mahendrabhai Ramanlal Solanki and Bhawani Sinhal.
Its last annual general meeting (AGM) was held on 25 April 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Plot No 5 Village Tathithiya, Taluka Palsana, Gujarat, India – 394305.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.81 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Lakh (net margin 58.7%) and EBITDA of ₹2.48 Lakh (EBITDA margin 88.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
As per MCA filings, the company has satisfied charges of ₹9 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is pigeonindia.com.
Company details
Contact details
Pigeon Plast Pvt Ltd's registered office is in Palsana, Gujarat. Its website is pigeonindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 5 Village Tathithiya, Taluka Palsana, Gujarat, India – 394305
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Pigeon 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 Pigeon Plast Pvt Ltd
FY 2024 filings availablePigeon Plast Pvt Ltd reported revenue of ₹2.81 Lakh (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹2.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.65 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.4% | ||||
| Net Profit Margin | 58.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Pigeon Plast Pvt Ltd, buy the company report.
Board of directors of Pigeon Plast Pvt Ltd
Pigeon 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 |
|---|---|---|---|---|
| Mahendrabhai Ramanlal Solanki Also directs: Sinhal Care Private Limited | Director | 01 Jun 2015 | 11 Years 5 Months | As last reported |
| Bhawani Sinhal | Director | 21 Aug 2018 | 8 Years 2 Months | As last reported |
Peer comparison
Pigeon Plast Pvt Ltd is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber 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 |
|---|---|---|---|---|---|---|
| Cougar India Plast Private Limited | ₹2.83 Lakh (FY 2017) | 36.0% | New Delhi, Delhi, India | |||
| Pigeon Plast Pvt Ltdthis company | ₹2.81 Lakh (FY 2024) | ₹1.65 Lakh | 58.7% | 5.0% | Palsana, Gujarat, India | |
| Falcon Conveyors Private Limited | ₹2.78 Lakh (FY 2024) | 10.0% | Punjab, India | |||
| G M Marketing Private Limited | ₹2.76 Lakh (FY 2021) | -31.0% | New Delhi, Delhi, India |
To see the full peer comparison of Pigeon Plast Pvt Ltd, buy the company report.
Auditor
Pigeon Plast Pvt Ltd is audited by S. K. Kabra & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Kabra & Company | FY 2022 | 104508W |
Shareholding
The shareholding of Pigeon Plast Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pigeon Plast Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 1995 | 90101605 | Punjab National Bank | ₹9 Lakh | Satisfied |
To see the full charge records of Pigeon Plast Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Pigeon Plast Pvt Ltd has 1 court case on record: 1 filed by Pigeon Plast. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against State of Gujarat | Disposed |
To see the full case history of Pigeon 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 Pigeon Plast Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pigeon 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 Pigeon Plast Pvt Ltd, buy the company report.
Recent activity
Pigeon Plast Pvt Ltd has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Bhawani Sinhal was appointed as Director on 21 Aug 2018.
Frequently asked questions
Pigeon Plast has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Pigeon Plast was a private limited company based in Palsana, Gujarat, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 August 1992 and is registered under CIN U25209GJ1992PTC018096. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Pigeon Plast is U25209GJ1992PTC018096. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pigeon Plast had 2 directors:
- Mahendrabhai Ramanlal Solanki - Director
- Bhawani Sinhal - Director
Pigeon Plast was incorporated on 03 August 1992. It is registered with the Registrar of Companies, Ahmedabad.
Pigeon Plast can be reached through the website pigeonindia.com. Its registered office is in Palsana, Gujarat, India.
The registered office of Pigeon Plast is at Plot No 5 Village Tathithiya, Taluka Palsana, Gujarat, India – 394305.
The latest financial statements of Pigeon Plast on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 April 2024. Year-wise statements from 2015 are in the company report.
No. Pigeon Plast has 1 GST registration on record and it is cancelled or inactive.
Pigeon Plast operated in the metals and minerals industry, in the metal manufacturing and processing segment.
The peers of Pigeon Plast by revenue are Cougar India Plast Private Limited, Falcon Conveyors Private Limited, G M Marketing Private Limited, all in the Metals and Minerals industry (Metals, Plastic Based Products, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
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