About Plyxcel Solution Private Limited
Data last updated:
Plyxcel Solution Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 28 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC298663. Its GSTIN is 07AAICP5746R1ZJ (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Neelam Patel and Radhaben Jivraj 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 2025. The registered office is at M – 2 Third Floor Near Mahavir Nagar Janak Puri, New Delhi, Delhi, India – 110018.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.98 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹1.15 Lakh (net margin -0.6%) and EBITDA of ₹3,000 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 31% over five years.
The company is associated with 1 brand: Pio Pax. As per MCA filings, the company has open charges of ₹5.9 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piopax.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressM – 2 Third Floor Near Mahavir Nagar Janak Puri, New Delhi, Delhi, India – 110018
- IndustryPackaging, Industrial Packaging Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Plyxcel Solution Private Limited
The main business activity of Plyxcel Solution is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Plyxcel Solution Private Limited FY 2025 filings available
Plyxcel Solution Private Limited reported revenue of ₹1.98 Cr (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Plyxcel Solution Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 78% fall in the latest year. EBITDA fell 100% 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 of Plyxcel Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.15 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 of Plyxcel Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Plyxcel Solution are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Plyxcel Solution Private Limited
Plyxcel Solution Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maruti Press Private Limited | ₹2 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Jalgaon, Maharashtra, India |
| Opack India Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Thrissur, Kerala, India |
| Arth Bioplast Products Private Limited | ₹1.99 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Halol, Gujarat, India |
| Geomax Plastchem (India) Private Limited | ₹1.99 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Niphad, Maharashtra, India |
| Sri Devi Dairy Farms Private Limited | ₹1.99 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Bangalore, Karnataka, India |
| Plyxcel Solution Private Limited this company | ₹1.98 Cr (FY 2025) | •••• | •••• | -78.0% | •••• | New Delhi, Delhi, India |
| Abhaya Packaging Private Limited | ₹1.97 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Dod Ballapur, Karnataka, India |
| Wellstuck Adhesives Private Limited | ₹1.96 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Kochi, Kerala, India |
| Coronation Colurpak Private Limited | ₹1.96 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Mylapore Luz Chennai, Tamil Nadu, India |
| Hariom Engitech Private Limited | ₹1.95 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Speciality Packaging Pvt Ltd | ₹1.95 Cr (FY 2024) | •••• | •••• | 267.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Plyxcel Solution by revenue in the Packaging industry (Industrial Packaging), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Plyxcel Solution Private Limited
Plyxcel Solution Private Limited is audited by ROHIT GOEL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ROHIT GOEL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Plyxcel Solution Private Limited
Plyxcel Solution has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhaben Jivraj Patel | Additional Director | 04 Nov 2019 | 6 Years 11 Months | Current |
| Neelam Patel | Director | 28 Apr 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Plyxcel Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Plyxcel Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2022 | Others | ₹3.5 Cr | Open |
| 03 Aug 2021 | Axis Bank Limited | ₹1.5 Cr | Open |
| 08 Aug 2019 | Others | ₹90 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Plyxcel Solution Private Limited
Plyxcel Solution Private Limited has 8 court cases on record: 3 filed by Plyxcel Solution, 5 filed against it. 2 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Livfin India Private Limited | Disposed |
| District court, Yamunanagar, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Yamunanagar, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Plyxcel Solution Private Limited
Plyxcel Solution operates one associated brand: Pio Pax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer & supplier of wooden packaging products | piopax.com |
Employees and EPFO Compliance at Plyxcel Solution Private Limited
Employment history and EPFO contributions of people linked to Plyxcel Solution.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Plyxcel Solution Private Limited
Plyxcel Solution Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Karamshipatel Dhipesh ceased to be Director on 05 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Plyxcel Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Plyxcel Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Plyxcel Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Plyxcel Solution Private Limited
Plyxcel Solution has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICP5746R1ZJ | Delhi | Active | 17 Sep 2017 |
| 33AAICP5746R1ZO | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Plyxcel Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Plyxcel Solution Private Limited
Plyxcel Solution is an active private limited company based in New Delhi, Delhi, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 28 April 2016 (10+ years old) and is registered under CIN U74999DL2016PTC298663.
Plyxcel Solution reported revenue of ₹1.98 Cr for FY 2025 (down 78% YoY).
Plyxcel Solution has 2 current directors:
- Radhaben Jivraj Patel - Additional Director
- Neelam Patel - Director
Plyxcel Solution reported a net loss of ₹1.15 Lakh (net margin -0.6%) and EBITDA of ₹3,000 (EBITDA margin 0%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Plyxcel Solution is -50% over three years and -31% over five years. In the latest year (FY 2025) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Plyxcel Solution is 07AAICP5746R1ZJ, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAICP5746R1ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of Plyxcel Solution is U74999DL2016PTC298663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plyxcel Solution has 8 court cases on record: 3 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Plyxcel Solution was incorporated on 28 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Plyxcel Solution by revenue are Maruti Press Private Limited, Opack India Private Limited, Arth Bioplast Products Private Limited, Geomax Plastchem (India) Private Limited, Sri Devi Dairy Farms Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Karamshipatel Dhipesh ceased to be Director on 05 Nov 2019. Manish Advani ceased to be Director on 05 Nov 2019. Radhaben Jivraj Patel was appointed as Additional Director on 04 Nov 2019. Plyxcel Solution has 5 board changes on record in total.