Plastech Formwork Systems Private Limited

Plastech Formwork Systems Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U45205KA2013PTC072156 Incorporated 27 November 2013 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company real estate and construction MSME · Small
Data last updated
Revenue · FY 2024
₹91.9 Cr
▲ 203% YoY
Net profit · FY 2024
₹4.85 Cr
Net margin 5.3%
EBITDA · FY 2024
₹11.63 Cr
EBITDA margin 12.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹46.57 Lakh
Issued & subscribed
Open charges
₹44.91 Cr
Satisfied ₹15.88 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
8
Provident fund records

About Plastech Formwork Systems Private Limited

Data last updated:

Plastech Formwork Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 November 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2013PTC072156. Its GSTIN is 29AAHCP4609G1Z9 (Karnataka). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46.57 Lakh. It is led by directors including Santosh Srinivas and Santhebachahalli Puttegowda Mahendrakumar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹91.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.85 Cr (net margin 5.3%) and EBITDA of ₹11.63 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 46% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹44.91 Cr and satisfied charges of ₹15.88 Cr on record. Court records list 31 cases involving the company, including 2 filed by the company and 29 filed against it; 13 cases are pending.

Plastech Formwork Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0056964). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website koehpa.in.

Company details

CIN U45205KA2013PTC072156
Registration Number 072156
Incorporation Date 27 November 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0056964
Key People
Santosh Srinivas Director Santhebachahalli Puttegowda Mahendrakumar Director Arjun Koppa Director

Recognitions & Rankings of Plastech Formwork Systems

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0056964

Contact details

Plastech Formwork Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is koehpa.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    koehpa.in
  • Social Media
  • Registered Address
    No. 39 Ground Floor Smart Home Pipeline Road Mahalakshmipuram Woc 2nd Stage 2nd Pha, Se, Bangalore, Karnataka, India – 560086
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Plastech Formwork Systems Private Limited, buy the company report.

Comprehensive company report
Plastech Formwork Systems 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 Plastech Formwork Systems is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Plastech Formwork Systems Private Limited, buy the company report.

Financials of Plastech Formwork Systems Private Limited

FY 2024 filings available

Plastech Formwork Systems Private Limited reported revenue of ₹91.9 Cr (up 203% YoY) for FY 2024.

Revenue · FY 2024
₹91.9 Cr ▲ 203%
Net profit · FY 2024
₹4.85 Cr margin 5.3%
EBITDA · FY 2024
₹11.63 Cr margin 12.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 203%
3 years · compounded
▲ 86%
5 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▲ 207%
3 years · compounded
▲ 86%
5 years · compounded
▲ 65%

Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 203% growth in the latest year. EBITDA rose 207% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹11.63 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.85 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin12.6%
Net Profit Margin5.3%
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 Plastech Formwork Systems Private Limited, buy the company report.

Board of directors of Plastech Formwork Systems Private Limited

Plastech Formwork Systems has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Santosh SrinivasDirector06 Oct 20233 Years 1 MonthsCurrent
Santhebachahalli Puttegowda MahendrakumarDirector29 Jan 20224 Years 9 MonthsCurrent
Arjun Koppa
Also directs: Aartaa Ventures LLP, Koehpa Homes Private Limited, Mirvac Private Limited and 1 more
Director27 Nov 201312 Years 11 MonthsCurrent
View all directors

Auditor

Plastech Formwork Systems Private Limited is audited by K.Chandrasekaran for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K.ChandrasekaranFY 2023021318

Shareholding

The shareholding of Plastech Formwork Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Plastech Formwork Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹44.91 Cr
Satisfied charges
₹15.88 Cr
Breakdown by lending institutions
Others₹22.35 Cr
State Bank of India₹19.38 Cr
Indian Bank₹2.06 Cr
Hdfc Bank Limited₹1.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Jun 2024100972979Others₹52 LakhOpen
10 Jun 2024100931768Others₹33.75 LakhOpen
10 Jun 2024100931769Others₹22 LakhOpen
31 Jan 2024100860750State Bank of India₹19.38 CrOpen
17 Nov 2023100820730Indian Bank₹90 LakhOpen

To see the full charge records of Plastech Formwork Systems Private Limited, buy the company report.

Total charge records: 16 View all charges

Credit ratings & regulatory alerts

Plastech Formwork Systems Private Limited was last rated by Care on 17 Dec 2021.

Rating agencyRated onRating
Care17 Dec 2021

To see the full credit ratings and regulatory alerts of Plastech Formwork Systems Private Limited, buy the company report.

MSME payment delays

Plastech Formwork Systems Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 28 overdue payments to 28 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 28)

SupplierAmount dueDue sinceReported on
Bharat Shuttering & Scaffolding
an individual supplier
an individual supplier
Winntus Scaffolding Private Limited
an individual supplier

To see the full MSME payment records of Plastech Formwork Systems Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Plastech Formwork Systems Private Limited has a workforce of 8 employees on its EPFO records as of Nov 2024, across 1 active EPFO establishment.

Employee count
8
Active EPFO establishments
1
Employee growth
-87.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2024-258
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Plastech Formwork Systems Private Limited, buy the company report.

GST

Plastech Formwork Systems has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AAHCP4609G1Z9KarnatakaActive01 Jul 2017
37AAHCP4609G1ZCAndhra PradeshActive14 Sep 2021

To see the full GST registrations and return filing status of Plastech Formwork Systems Private Limited, buy the company report.

Recent activity

Plastech Formwork Systems Private Limited has 14 board changes on record since 2013: 3 appointments and 11 cessations. The latest: Puttappa Mahadev ceased to be Additional Director on 28 Sep 2024.

AGM
Plastech Formwork Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Puttappa Mahadev ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 52.00 Lakh with Charge ID 100972979 was registered on 21 Jun 2024.
Charges
A charge with Others amounted to Rs. 33.75 Lakh with Charge ID 100931768 was registered on 10 Jun 2024.
Charges
A charge with Others amounted to Rs. 22.00 Lakh with Charge ID 100931769 was registered on 10 Jun 2024.
Filing
Plastech Formwork Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 1,938.00 Lakh with Charge ID 100860750 was registered on 31 Jan 2024.
Charges
A charge with Others of Rs. 795.00 Lakh registered on 20 Oct 2023 with Charge ID 100820340 was modified on 31 Jan 2024.
Charges
A charge with Indian Bank amounted to Rs. 90.00 Lakh with Charge ID 100820730 was registered on 17 Nov 2023.
Charges
A charge registered on 19 Jun 2020 via Charge ID 100343624 with Axis Bank Limited was fully satisfied on 09 Nov 2023.
Charges
A charge with Others amounted to Rs. 795.00 Lakh with Charge ID 100820340 was registered on 20 Oct 2023.
Charges
A charge with Indian Bank amounted to Rs. 116.00 Lakh with Charge ID 100807638 was registered on 18 Oct 2023.

29 earlier events are in the company report.

Frequently asked questions

Plastech Formwork Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 November 2013 (13+ years old) and is registered under CIN U45205KA2013PTC072156.

Plastech Formwork Systems has 3 current directors:

The latest financial statements of Plastech Formwork Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Plastech Formwork Systems is 29AAHCP4609G1Z9, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 37AAHCP4609G1ZC (Andhra Pradesh).

The CIN (Corporate Identification Number) of Plastech Formwork Systems is U45205KA2013PTC072156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Plastech Formwork Systems has 31 court cases on record: 2 filed by the company and 29 filed against it. 13 are pending. Most are in the district courts.

Plastech Formwork Systems was incorporated on 27 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.

Puttappa Mahadev ceased to be Additional Director on 28 Sep 2024. Santosh Srinivas was appointed as Director on 06 Oct 2023. Puttegowda ceased to be Director on 27 Jun 2023. Plastech Formwork Systems has 14 board changes on record in total.

Yes, Plastech Formwork Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0056964).

Plastech Formwork Systems has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 28 overdue payments to 28 micro and small suppliers. The latest return was filed on 12 Sep 2021.

Plastech Formwork Systems can be reached through the website koehpa.in. Its registered office is in Bangalore, Karnataka, India.