MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0025767
Plaspack Synthetics Private Limited
Plaspack Synthetics Private Limited - packaging in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹36.84 Cr
▲ 11% YoY
Net profit · FY 2026
₹13.04 Lakh
Net margin 0.4%
EBITDA · FY 2026
₹1.47 Cr
EBITDA margin 4%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹69.72 Lakh
Issued & subscribed
Open charges
₹7.5 Cr
Satisfied ₹3.15 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
24
Provident fund records
About Plaspack Synthetics Private Limited
Data last updated:
Plaspack Synthetics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 07 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2005PTC047216. Its GSTIN is 24AADCP7867Q1ZK (Gujarat).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹69.72 Lakh. It is led by directors Mitesh Kantibhai Patel and Kantibhai Ishvardas 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 2026. The registered office is at 24 Viveknagar Society Vijay Cross Road Naranpura Ahmedabad 13, Gujarat, India.
As per the financials filed for FY 2026, the company reported a revenue of ₹36.84 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹13.04 Lakh (net margin 0.4%) and EBITDA of ₹1.47 Cr (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹3.15 Cr on record.
Plaspack Synthetics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0025767). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25200GJ2005PTC047216
Registration Number 047216
Incorporation Date 07 December 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0025767
Recognitions & Rankings of Plaspack Synthetics
Contact details
Plaspack Synthetics Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24 Viveknagar Society Vijay Cross Road Naranpura Ahmedabad 13, Gujarat, India
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Plaspack Synthetics Private Limited, buy the company report.
Comprehensive company report
Plaspack Synthetics 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
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Business activity
The main business activity of Plaspack Synthetics 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 Plaspack Synthetics Private Limited, buy the company report.
Financials of Plaspack Synthetics Private Limited
FY 2026 filings availablePlaspack Synthetics Private Limited reported revenue of ₹36.84 Cr (up 11% YoY) for FY 2026.
Revenue · FY 2026
₹36.84 Cr ▲ 11%
Net profit · FY 2026
₹13.04 Lakh margin 0.4%
EBITDA · FY 2026
₹1.47 Cr margin 4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 4%
5 years · compounded
▼ 3%
EBITDA CAGR growth
3 years · compounded
▲ 146%
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.84 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.04 Lakh | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Plaspack Synthetics Private Limited, buy the company report.
Board of directors of Plaspack Synthetics Private Limited
Plaspack Synthetics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Kantibhai Patel Also directs: Bhavesh Polypack Private Limited | Director | 01 Nov 2008 | 18 Years 0 Months | Current |
| Kantibhai Ishvardas Patel Also directs: Bhavesh Polypack Private Limited | Director | 07 Dec 2005 | 20 Years 11 Months | Current |
Auditor
Plaspack Synthetics Private Limited is audited by KIRAN & PRADIP ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KIRAN & PRADIP ASSOCIATES | FY 2026 | 112577W |
Shareholding
The shareholding of Plaspack Synthetics Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Plaspack Synthetics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.5 Cr
Satisfied charges
₹3.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2013 | 10415596 | Axis Bank Limited | ₹3.12 Cr | Open | |
| 31 May 2006 | 10007283 | Central Bank of India | ₹1.75 Cr | Open | |
| 31 May 2006 | 10007811 | Central Bank of India | ₹2.63 Cr | Open | |
| 21 Jul 2009 | 10175087 | Central Bank of India | ₹1.9 Cr | Satisfied | |
| 31 May 2006 | 10007790 | Central Bank of India | ₹1.25 Cr | Satisfied |
To see the full charge records of Plaspack Synthetics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Plaspack Synthetics 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 Plaspack Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Plaspack Synthetics Private Limited has a workforce of 24 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
-4%
GST
Plaspack Synthetics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCP7867Q1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plaspack Synthetics Private Limited, buy the company report.
Recent activity
Plaspack Synthetics Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Mukeshkumar Ramanbhai Patel ceased to be Director on 01 Feb 2021.
Filing
Plaspack Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Plaspack Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Mukeshkumar Ramanbhai Patel ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 311.50 Lakh registered on 04 Feb 2013 with Charge ID 10415596 was modified on 18 Oct 2016.
Ceased
Prakash Hiralal Parekh ceased to be Director.
Charges
A charge registered on 21 Jul 2009 via Charge ID 10175087 with Central Bank Of India was fully satisfied on 11 Apr 2013.
Charges
A charge registered on 31 May 2006 via Charge ID 10007790 with Central Bank Of India was fully satisfied on 11 Apr 2013.
Charges
A charge with Axis Bank Limited amounted to Rs. 311.50 Lakh with Charge ID 10415596 was registered on 04 Feb 2013.
Charges
A charge with Central Bank Of India amounted to Rs. 190.00 Lakh with Charge ID 10175087 was registered on 21 Jul 2009.
Charges
A charge with Central Bank Of India of Rs. 125.00 Lakh registered on 31 May 2006 with Charge ID 10007790 was modified on 21 Jul 2009.
Appointed
Mitesh Kantibhai Patel was appointed as Director.
Ceased
Rameshkumar Shivabhai Patel ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Plaspack Synthetics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 07 December 2005 (21+ years old) and is registered under CIN U25200GJ2005PTC047216.
Plaspack Synthetics has 2 current directors:
- Mitesh Kantibhai Patel - Director
- Kantibhai Ishvardas Patel - Director
The latest financial statements of Plaspack Synthetics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Plaspack Synthetics is 24AADCP7867Q1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Plaspack Synthetics is U25200GJ2005PTC047216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plaspack Synthetics was incorporated on 07 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mukeshkumar Ramanbhai Patel ceased to be Director on 01 Feb 2021. Prakash Hiralal Parekh ceased to be Director on 15 May 2016. Mitesh Kantibhai Patel was appointed as Director on 01 Nov 2008. Plaspack Synthetics has 5 board changes on record in total.
Yes, Plaspack Synthetics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0025767).
The registered office of Plaspack Synthetics is at 24 Viveknagar Society Vijay Cross Road Naranpura Ahmedabad 13, Gujarat, India.
Plaspack Synthetics operates in the packaging industry, in the woven packaging products segment.
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