MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0044187
Plaxo Pipes and Films Private Limited - manufacturing in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.55 Cr
▲ 4% YoY
Net profit · FY 2024
₹42.64 Lakh
Net margin 3.4%
EBITDA · FY 2024
₹1.44 Cr
EBITDA margin 11.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹5.78 Cr
Satisfied ₹4.44 Cr
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Plaxo Pipes and Films Private Limited
Data last updated:
Plaxo Pipes and Films Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 23 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U37200MH2014PTC258281. Its GSTIN is 27AAHCP8458K1ZP (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Sagar Dwarkanath Navandar and Vipul Shrinivas Jaju.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 53 – A 3rd Floor Sanjvat Appt Khare Town Dharampeth, Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.55 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹42.64 Lakh (net margin 3.4%) and EBITDA of ₹1.44 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹5.78 Cr and satisfied charges of ₹4.44 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 4 cases are pending.
Plaxo Pipes and Films Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0044187). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plaxopipes.in.
Company details
CIN U37200MH2014PTC258281
Registration Number 258281
Incorporation Date 23 September 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0044187
Recognitions & Rankings of Plaxo Pipes and Films
Contact details
Plaxo Pipes and Films Private Limited's registered office is in Nagpur, Maharashtra. Its website is plaxopipes.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 53 – A 3rd Floor Sanjvat Appt Khare Town Dharampeth, Nagpur, Maharashtra, India – 440010
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Plaxo Pipes and Films Private Limited, buy the company report.
Comprehensive company report
Plaxo Pipes and Films 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 Plaxo Pipes and Films is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Plaxo Pipes and Films Private Limited, buy the company report.
Financials of Plaxo Pipes and Films Private Limited
FY 2024 filings availablePlaxo Pipes and Films Private Limited reported revenue of ₹12.55 Cr (up 4% YoY) for FY 2024.
Revenue · FY 2024
₹12.55 Cr ▲ 4%
Net profit · FY 2024
₹42.64 Lakh margin 3.4%
EBITDA · FY 2024
₹1.44 Cr margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 6%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 2%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 4% growth in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.64 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.5% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Plaxo Pipes and Films Private Limited, buy the company report.
Board of directors of Plaxo Pipes and Films Private Limited
Plaxo Pipes and Films has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Dwarkanath Navandar | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
| Vipul Shrinivas Jaju | Director | 09 Jul 2018 | 8 Years 4 Months | Current |
Peer comparison
Plaxo Pipes and Films Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), 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 |
|---|---|---|---|---|---|---|
| Suresh Pipes Private Limited | ₹12.88 Cr (FY 2018) | -6.0% | Vpo Chaudharywas, Haryana, India | |||
| Selfshine Polymers India Private Limited | ₹12.63 Cr (FY 2025) | -32.0% | Thrissur, Kerala, India | |||
| Plaxo Pipes and Films Private Limitedthis company | ₹12.55 Cr (FY 2024) | ₹42.64 Lakh | 3.4% | 4.0% | Nagpur, Maharashtra, India | |
| Atul Plastoworld Private Limited | ₹12.53 Cr (FY 2025) | 5.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Plaxo Pipes and Films Private Limited, buy the company report.
Auditor
Plaxo Pipes and Films Private Limited is audited by DESHPANDE BHALERAO AND PASHINE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DESHPANDE BHALERAO AND PASHINE | FY 2023 | 139844W |
Shareholding
The shareholding of Plaxo Pipes and Films 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Plaxo Pipes and Films Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.78 Cr
Satisfied charges
₹4.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2025 | 101105289 | Sidbi | ₹56.64 Lakh | Open | |
| 30 Mar 2024 | 100905282 | Sidbi | ₹1.08 Cr | Open | |
| 01 Sep 2021 | 100480392 | Others | ₹4.14 Cr | Open | |
| 23 Jun 2021 | 100466971 | State Bank of India | ₹25 Lakh | Satisfied | |
| 22 Dec 2017 | 100173033 | Others | ₹30 Lakh | Satisfied |
To see the full charge records of Plaxo Pipes and Films Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Plaxo Pipes and Films Private Limited has 9 court cases on record: 6 filed by Plaxo Pipes and Films, 3 filed against it. 4 cases are pending and 5 are disposed.
Total cases
9
Filed by the company
6
Filed against the company
3
Pending
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 4 |
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against NCS Irrigation Systems Pvt. Ltd. and 4 others | Pending |
| Supreme Court | Court case (2804-Mercantile Laws, Commercial Transactions Including Banking : Trade Marks/Copy Rights/Patents/Design Act) | Filed against the company by Vaibhav Plasto Printing and Packaging Pvt Ltd Authorised Officer Authorised Officer J3 Midc Hingn Road Nagpur , District: Nagpur ,Nagpur , Maharashtra and 1 other | Disposed |
| District court, Nagpur, Maharashtra | Court case (Civil M.A.) | Filed against the company by M/S. Plasto Containers Pvt. Ltd. | Pending |
| District court, Nagpur, Maharashtra | Court case (Suit Trade Mark Act) | Filed against the company by M/S. Plasto Containers Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (CAA) | Filed by the company against M/S Plasto Containers (I) Pvt. Ltd., Nagpur Through Its Plant Head, Mr. Mohan S/O Shamandas Rughani | Disposed |
To see the full case history of Plaxo Pipes and Films Private Limited, 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
Plaxo Pipes and Films Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Swastik Plasticizer and PVC Pipes Indore Private Limited | |||
| Shivtek Spechemi Industries Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Cemech Engg. Industries |
To see the full MSME payment records of Plaxo Pipes and Films Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Plaxo Pipes and Films has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP8458K1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plaxo Pipes and Films Private Limited, buy the company report.
Recent activity
Plaxo Pipes and Films Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Khushboo Sawal ceased to be Director on 19 Feb 2024.
Charges
A charge with Sidbi amounted to Rs. 0.57 Cr with Charge ID 101105289 was registered on 16 May 2025.
Charges
A charge with Others of Rs. 4.14 Cr registered on 01 Sep 2021 with Charge ID 100480392 was modified on 16 May 2025.
Charges
A charge registered on 22 Dec 2017 via Charge ID 100173033 with Others was fully satisfied on 07 Mar 2025.
Charges
A charge registered on 23 Jun 2021 via Charge ID 100466971 with State Bank Of India was fully satisfied on 01 Feb 2025.
Charges
A charge registered on 06 Jul 2015 via Charge ID 10583116 with State Bank Of India was fully satisfied on 01 Feb 2025.
AGM
Plaxo Pipes And Films Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Plaxo Pipes And Films Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Sidbi amounted to Rs. 1.08 Cr with Charge ID 100905282 was registered on 30 Mar 2024.
Ceased
Khushboo Sawal ceased to be Director.
Ceased
Shriniwas Marotiramji Jaju ceased to be Director.
Charges
A charge with Others amounted to Rs. 4.14 Cr with Charge ID 100480392 was registered on 01 Sep 2021.
Charges
A charge with State Bank Of India amounted to Rs. 0.25 Cr with Charge ID 100466971 was registered on 23 Jun 2021.
8 earlier events are in the company report.
Frequently asked questions
Plaxo Pipes and Films is an active private limited company based in Nagpur, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 23 September 2014 (12+ years old) and is registered under CIN U37200MH2014PTC258281.
Plaxo Pipes and Films has 2 current directors:
- Sagar Dwarkanath Navandar - Director
- Vipul Shrinivas Jaju - Director
The latest financial statements of Plaxo Pipes and Films on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Plaxo Pipes and Films is 27AAHCP8458K1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Plaxo Pipes and Films is U37200MH2014PTC258281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plaxo Pipes and Films has 9 court cases on record: 6 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Plaxo Pipes and Films was incorporated on 23 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Plaxo Pipes and Films by revenue are Suresh Pipes Private Limited, Selfshine Polymers India Private Limited, Atul Plastoworld Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Khushboo Sawal ceased to be Director on 19 Feb 2024. Shriniwas Marotiramji Jaju ceased to be Director on 20 Nov 2023. Sagar Dwarkanath Navandar ceased to be Additional Director on 30 Sep 2018. Plaxo Pipes and Films has 6 board changes on record in total.
Yes, Plaxo Pipes and Films is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0044187).
Plaxo Pipes and Films has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 8 micro and small suppliers. The latest return was filed on 28 May 2019.
Plaxo Pipes and Films can be reached through the website plaxopipes.in. Its registered office is in Nagpur, Maharashtra, India.
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