Plastene India Limited - Company Profile

It is a manufacturing public limited company based in Ahmedabad, Gujarat, India, established in 1998.
1998 Ahmedabad, Gujarat, India Active
Last Updated:
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About Plastene India Limited

Plastene India Limited, a active public limited company, was established on 16 October 1998 in Ahmedabad, Gujarat, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U25209GJ1998PLC034861. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹36.10 Cr and a paid-up capital of ₹28.20 Cr.

Formerly known as Oswal Agloimpex Private Limited, Oswal Agloimpex Limited. It upholds a compliant status. Employing 670 professional, Its leadership includes Velani Rajan Kantilal (Director), Prakash Hiralal Parekh (Managing Director), Nidhi Abhishek Parekh (Director). Past directors included Ranjan Karunakar Samantaray, Velani Rajan Kantilal, Ranjeet Mal Kastia. It holds ₹759.71 Cr open charges and ₹424.13 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at H.B.Jirawala House,13,Nav Bharat Society Opp.Punchsheel Bus Stand , Usmanpura, Ahmedabad, Gujarat, 380013.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U25209GJ1998PLC034861

  • Registration Number

    034861

  • Incorporation Date

    16 October 1998

  • Authorized Capital

    ₹36.10 Cr

  • Paid-Up Capital

    ₹28.20 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 36.10 Cr
  • Paid Up Capital ₹ 28.20 Cr
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 759.71 Cr
  • Satisfied Charges ₹ 424.13 Cr
  • Revenue Growth **** -9.48%
  • Profit Growth **** 61.93%
  • Ebitda **** 9.37%
  • Net Worth 4.29%
  • Total Assets -0.92%
Company report

Plastene India Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Plastene India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Plastene India Limited?
Current Directors
Name Designation Appointment Date Status
Velani Rajan Kantilal Director 22 May 2018 Current
Prakash Hiralal Parekh Managing Director 23 Dec 2005 Current
Nidhi Abhishek Parekh Director 06 Jan 2020 Current
Meenu Maheshwari Director 10 Oct 2022 Current
Rishabh Kumar Jain Company Secretary 01 May 2025 Current
Dilendra Vir Singh Director 08 Aug 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 15 Jul 2016 Past
Pramod Abcsdd Director 09 Oct 2022 Past
Pramod Abcsdd Additional Director 27 Jul 2007 Past
Pramod Abcsdd Director 10 Sep 2012 Past
Pramod Abcsdd Director 12 Oct 2022 Past
Pramod Abcsdd Director 01 Oct 2009 Past

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Financial Performance of Plastene India.

Plastene India Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.48% decrease. The company also saw a substantial improvement in profitability, with a 61.93% increase in profit. The company's net worth moved up by a moderate rise of 4.29%.

Plastene India revenue growth over time
Plastene India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -9.48%
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*******
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Revenue from Operations
*******
 -9.16%
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*******
*******
Total Assets
*******
 -0.92%
*******
*******
*******
*******
Profit or Loss
*******
 61.93%
*******
*******
*******
*******
Net Worth
*******
 4.29%
*******
*******
*******
*******
EBITDA
*******
 9.37%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Plastene India?

In 2023, Plastene India had a promoter holding of 76.65% and a public holding of 23.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹7,597,099,599.00

Satisfied Charges

₹4,241,303,000.00

Charges Breakdown by Lending Institutions
  • Others : 690.70 Cr
  • State Bank Of India : 36.00 Cr
  • Dena Bank : 25.00 Cr
  • Sidbi : 7.50 Cr
  • Hdfc Bank Limited : 0.31 Cr
  • Others : 0.21 Cr
Latest Charge Details
Date Lender Amount Status
03 Dec 2024 Others ₹92.82 Cr Open
21 Oct 2024 The South Indian Bank Limited ₹2.05 M Open
24 Mar 2023 Sidbi ₹7.50 Cr Open
24 Feb 2023 Hdfc Bank Limited ₹2.42 M Open
29 Aug 2022 Others ₹8.09 Cr Open

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How Many Employees Work at Plastene India?

Plastene India has a workforce of 670 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Plastene India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Plastene India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Plastene India
Recent Activity within the Organization
  • Annual General Meeting

    The activity Plastene India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Rishabh Kumar Jain was appointed as a Company Secretary was appointed as a Company Secretary on 01 May 2025 & has been associated with this company since 1 year 20 days . was documented.

  • Charges

    A charge registered on 05 Apr 2021 via Charge ID 100439124 with Others was fully satisfied on 17 Apr 2025. was recorded as a recent event.

  • Balance Sheet

    Plastene India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 92.82 Cr with Charge ID 101023228 was registered on 03 Dec 2024. was documented.

  • Charges

    The activity A charge with The South Indian Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101006109 was registered on 21 Oct 2024. was completed.

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Frequently Asked Questions
What is the CIN of Plastene India Limited?

The CIN of Plastene India Limited is U25209GJ1998PLC034861.

Where is Plastene India Limited headquartered?

Plastene India Limited is headquartered at H.B.Jirawala House,13,Nav Bharat Society Opp.Punchsheel Bus Stand , Usmanpura, Ahmedabad, Gujarat, 380013.

When was Plastene India Limited incorporated?

Plastene India Limited was incorporated on 16 October 1998.

Who are the current directors of Plastene India Limited?

The current directors of Plastene India Limited are

What is the primary industry of Plastene India Limited?

The primary industry of Plastene India Limited is Manufacturing.

Is Plastene India Limited a listed company?

Plastene India Limited is unlisted.

What is the capital structure of Plastene India Limited?

The authorized capital of Plastene India Limited is ₹36.10 Cr, and the paid-up capital is ₹28.20 Cr.

What is the compliance status of Plastene India Limited?

The compliance status of Plastene India Limited is Compliant.

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