About Pyarasa Plast (India) Private Limited
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Pyarasa Plast (India) Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 11 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2012PTC229504. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.2 Lakh. It is led by directors Babasaheb Sitaram Hanvate and Vitthal Sitaram Hanvate.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B/106 Tirupati Udyog Nagar Industrial Estate Sativali Road Vasai (, E), Maharashtra, India – 401208.
As per the financials filed for FY 2023, the company reported a revenue of ₹30,500. For the same year it recorded a net loss of ₹2.49 Lakh and EBITDA of -₹2.49 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 68% over five years.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pyarasaplast.com.
Company details
Contact details
Pyarasa Plast (India) Private Limited's registered office is in Vasai, Maharashtra. Its website is pyarasaplast.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB/106 Tirupati Udyog Nagar Industrial Estate Sativali Road Vasai (, E), Maharashtra, India – 401208
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Pyarasa Plast (India) Private Limited, buy the company report.
- 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
Financials of Pyarasa Plast (India) Private Limited
FY 2023 filings availablePyarasa Plast (India) Private Limited reported revenue of ₹30,500 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.49 Lakh | ||||
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| Net Profit (PAT) | -₹2.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Pyarasa Plast (India) Private Limited, buy the company report.
Board of directors of Pyarasa Plast (India) Private Limited
Pyarasa Plast (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babasaheb Sitaram Hanvate | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
| Vitthal Sitaram Hanvate | Director | 11 Apr 2012 | 14 Years 6 Months | Current |
Peer comparison
Pyarasa Plast (India) Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Simple Hybrid Marketplace Private Limited | ₹41,186 (FY 2023) | -95.0% | Delhi, India | |||
| Bindal Coir Private Limited | ₹40,879 (FY 2024) | -92.0% | Delhi, India | |||
| Dunlop Comforts Private Limited | ₹39,300 (FY 2025) | 154.0% | Nashik, Maharashtra, India | |||
| SGC Enterprises Private Limited | ₹37,470 (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Tyron Technocraft India Private Limited | ₹34,800 (FY 2022) | Karunagapally, Kerala, India | ||||
| Pyarasa Plast (India) Private Limitedthis company | ₹30,500 (FY 2023) | -₹2.49 Lakh | Vasai, Maharashtra, India | |||
| VMV Interiors Private Limited | ₹27,500 (FY 2018) | Kolkata, West Bengal, India | ||||
| Kazage Furnishings Private Limited | ₹27,380 (FY 2019) | 174.0% | Mumbai, Maharashtra, India | |||
| Orient Craft Brands Limited | ₹26,377 (FY 2020) | 7.0% | New Delhi, Delhi, India | |||
| Vistaz Decor Retailing Private Limited | ₹26,026 (FY 2020) | -91.0% | Delhi, India | |||
| Murad Exim Private Limited | ₹25,850 (FY 2023) | Noida, Uttar Pradesh, India |
To see the full peer comparison of Pyarasa Plast (India) Private Limited, buy the company report.
Auditor
Pyarasa Plast (India) Private Limited is audited by SHAH PATEL & SHAH for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH PATEL & SHAH | FY 2020 | 115581W |
Shareholding
The shareholding of Pyarasa Plast (India) Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pyarasa Plast (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2012 | 10381875 | Nkgsb Co-Op. Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Pyarasa Plast (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Pyarasa Plast (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Icici Bank Ltd | Disposed |
To see the full case history of Pyarasa Plast (India) 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
No delayed payments to MSME suppliers are on our record for Pyarasa Plast (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pyarasa Plast (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pyarasa Plast (India) Private Limited, buy the company report.
Recent activity
Pyarasa Plast (India) Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Ankush Sandipan Shette ceased to be Director on 01 Dec 2016.
Frequently asked questions
Pyarasa Plast (India) is an active private limited company based in Vasai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 11 April 2012 (14+ years old) and is registered under CIN U25200MH2012PTC229504.
Pyarasa Plast (India) has 2 current directors:
- Babasaheb Sitaram Hanvate - Director
- Vitthal Sitaram Hanvate - Director
The latest financial statements of Pyarasa Plast (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Pyarasa Plast (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pyarasa Plast (India) is U25200MH2012PTC229504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pyarasa Plast (India) has 1 court case on record: 1 filed against it.
Pyarasa Plast (India) was incorporated on 11 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pyarasa Plast (India) by revenue are Simple Hybrid Marketplace Private Limited, Bindal Coir Private Limited, Dunlop Comforts Private Limited, SGC Enterprises Private Limited, Tyron Technocraft India Private Limited and 5 more, all in the Consumer Products industry (Home Furnishings Manufacturers).
Ankush Sandipan Shette ceased to be Director on 01 Dec 2016. Babasaheb Sitaram Hanvate was appointed as Director on 11 Apr 2012. Vitthal Sitaram Hanvate was appointed as Director on 11 Apr 2012.
Pyarasa Plast (India) can be reached through the website pyarasaplast.com. Its registered office is in Vasai, Maharashtra, India.
The registered office of Pyarasa Plast (India) is at B106 Tirupati Udyog Nagar Industrial Estate Sativali Road Vasai , E, Maharashtra, India – 401208.
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