Plastene Polyfilms Limited - Company Profile

It is a packaging public limited company based in Ahmedabad, Gujarat, India, established in 2009.
2009 Ahmedabad, Gujarat, India Active
Last Updated:
About Plastene Polyfilms Limited

Plastene Polyfilms Limited, a active public limited company, was established on 16 November 2009 in Ahmedabad, Gujarat, India. Engaging in industrial packaging solutions within the manufacturing sector, it holds CIN: U25200GJ2009PLC058586. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹3.02 Cr and a paid-up capital of ₹6.91 M.

It upholds a compliant status. Employing 114 professional, Its leadership includes Prakash Hiralal Parekh (Director), Pritesh Khushalraj Parekh (Managing Director), Mahavirkumar Ratanlal Parekh (Director). Past directors included Prakash Hiralal Parekh, Pritesh Khushalraj Parekh, Chetankumar Shantilal Parekh. It holds ₹41.11 Cr open charges and ₹29.29 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. Jirawla House, 13, Navbharat Society, Opp. Panchshil Bus-Stop,Usmanpura, Ahmedabad, Gujarat, 380013.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U25200GJ2009PLC058586

  • Registration Number

    058586

  • Incorporation Date

    16 November 2009

  • Authorized Capital

    ₹3.02 Cr

  • Paid-Up Capital

    ₹6.91 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.02 Cr
  • Paid Up Capital ₹ 6.91 M
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 41.11 Cr
  • Satisfied Charges ₹ 29.29 Cr
  • Revenue Growth **** -15.84%
  • Profit Growth **** 73.48%
  • Ebitda **** 28.68%
  • Net Worth 16.85%
  • Total Assets -3.61%
Company report

Plastene Polyfilms Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Plastene Polyfilms 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 Polyfilms Limited?
Current Directors
Name Designation Appointment Date Status
Prakash Hiralal Parekh Director 03 Sep 2025 Current
Pritesh Khushalraj Parekh Managing Director 12 Apr 2010 Current
Mahavirkumar Ratanlal Parekh Director 12 Apr 2010 Current
Meenu Maheshwari Director 27 May 2022 Current
Kushalraj Parekh Director 12 Apr 2010 Current
Makarand Krishnarao Deorankar Whole-Time Director 05 Feb 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Apr 2010 Past
Pramod Abcsdd Director 01 Dec 2018 Past
Pramod Abcsdd Director 26 Apr 2010 Past
Pramod Abcsdd Director 04 Sep 2019 Past
Pramod Abcsdd Director 26 Apr 2010 Past
Pramod Abcsdd Additional Director 29 Sep 2022 Past

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Financial Performance of Plastene Polyfilms.

Plastene Polyfilms Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.84% decrease. The company also saw a substantial improvement in profitability, with a 73.48% increase in profit. The company's net worth Soared by an impressive increase of 16.85%.

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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-15.84%
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Revenue from Operations
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-15.82%
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Total Assets
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-3.61%
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Profit or Loss
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73.48%
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Net Worth
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16.85%
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EBITDA
*******
28.68%
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*******
*******
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What is the Ownership and Shareholding Structure of Plastene Polyfilms?

In 2023, Plastene Polyfilms had a promoter holding of 57.15% and a public holding of 42.85%. 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

₹411,120,000.00

Satisfied Charges

₹292,852,000.00

Charges Breakdown by Lending Institutions
  • Karnataka Bank Ltd. : 40.80 Cr
  • Hdfc Bank Limited : 0.31 Cr
Latest Charge Details
Date Lender Amount Status
27 Dec 2023 Hdfc Bank Limited ₹1.20 M Open
26 Jul 2022 Hdfc Bank Limited ₹1.92 M Open
31 Mar 2022 Karnataka Bank Ltd. ₹40.80 Cr Open
23 Sep 2010 State Bank Of India ₹29.29 Cr Satisfied

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How Many Employees Work at Plastene Polyfilms?

Plastene Polyfilms has a workforce of 114 employees as of Apr 07, 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 Polyfilms, 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 Polyfilms'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 Polyfilms
Recent Activity within the Organization
  • Annual General Meeting

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

  • Director Appointment

    Progress on Prakash Hiralal Parekh was appointed as a Director was appointed as a Director on 03 Sep 2025 & has been associated with this company since 6 months 5 days . was documented.

  • Balance Sheet

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

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100852833 was registered on 27 Dec 2023. was completed.

  • Director Appointment

    Progress on Rajesh M K Nair was appointed as a Director was appointed as a Director on 28 Jul 2023 & has been associated with this company since 2 years 7 months . was documented.

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 40.80 Cr registered on 31 Mar 2022 with Charge ID 100565742 was modified on 17 Feb 2023. was recorded as a recent event.

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

The CIN of Plastene Polyfilms Limited is U25200GJ2009PLC058586.

Where is Plastene Polyfilms Limited headquartered?

Plastene Polyfilms Limited is headquartered at H. B. Jirawla House, 13, Navbharat Society, Opp. Panchshil Bus-Stop,Usmanpura, Ahmedabad, Gujarat, 380013.

When was Plastene Polyfilms Limited incorporated?

Plastene Polyfilms Limited was incorporated on 16 November 2009.

Who are the current directors of Plastene Polyfilms Limited?
What is the primary industry of Plastene Polyfilms Limited?

The primary industry of Plastene Polyfilms Limited is Manufacturing.

Is Plastene Polyfilms Limited a listed company?

Plastene Polyfilms Limited is unlisted.

What is the capital structure of Plastene Polyfilms Limited?

The authorized capital of Plastene Polyfilms Limited is ₹3.02 Cr, and the paid-up capital is ₹6.91 M.

What is the compliance status of Plastene Polyfilms Limited?

The compliance status of Plastene Polyfilms Limited is Compliant.

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