Shri Salasar Plastics Pvt Ltd
About Shri Salasar Plastics Pvt Ltd
Data last updated:
Shri Salasar Plastics Pvt Ltd was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 October 1987.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH1987PTC044880.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49 Lakh. It was led by directors including Shyam Mahaveerprasad Makharia and Pradip Kumar Bubna.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Makhania House 2nd Flr327 S V P Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2021, the company reported a revenue of ₹24,075, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.43 Lakh and EBITDA of -₹1.43 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 60% over five years.
As per MCA filings, the company had satisfied charges of ₹1.27 Cr on record.
Company details
Contact details
Shri Salasar Plastics Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMakhania House 2nd Flr327 S V P Road, Mumbai, Maharashtra, India – 400004
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Shri Salasar Plastics Pvt Ltd, 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 Shri Salasar Plastics Pvt Ltd
FY 2021 filings availableShri Salasar Plastics Pvt Ltd reported revenue of ₹24,075 (up 7471% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years. EBITDA fell 335% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24,075 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.43 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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To see the full financial statements and ratios of Shri Salasar Plastics Pvt Ltd, buy the company report.
Board of directors of Shri Salasar Plastics Pvt Ltd
Shri Salasar Plastics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Mahaveerprasad Makharia | Director | 01 Oct 1987 | 39 Years 0 Months | As last reported |
| Pradip Kumar Bubna Also directs: Shri Salasar Silk Mills Pvt Ltd, Modern India Limited, Shri Salasar Fabrics Private Limited and 2 more | Director | 20 Oct 2011 | 15 Years 0 Months | As last reported |
| Madhusudan Mahaveerprasad Makharia Also directs: Shree Brajvallabh Industries LLP, Makain Industries LLP | Director | 01 Oct 1987 | 39 Years 0 Months | As last reported |
| Jyotikumar Bubna | Director | 01 Oct 1987 | 39 Years 0 Months | As last reported |
Peer comparison
Shri Salasar Plastics Pvt Ltd is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahabali Impex Private Limited | ₹24,600 (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| K D Woollen Mills Private Limited | ₹24,435 (FY 2024) | 7.0% | Mumbai, Maharashtra, India | |||
| Sun Resources India Private Limited | ₹24,100 (FY 2025) | -60.0% | Mumbai, Maharashtra, India | |||
| Shri Salasar Plastics Pvt Ltdthis company | ₹24,075 (FY 2021) | -₹1.43 Lakh | 7471.0% | Mumbai, Maharashtra, India | ||
| Suvridhi Dealmark Private Limited | ₹23,837 (FY 2025) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shri Salasar Plastics Pvt Ltd, buy the company report.
Auditor
Shri Salasar Plastics Pvt Ltd is audited by J C DESAI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J C DESAI & CO | FY 2021 | 102311W |
Shareholding
The shareholding of Shri Salasar Plastics Pvt Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shri Salasar Plastics Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 1994 | 90228775 | Union Bank of India | ₹74 Lakh | Satisfied | |
| 28 Jun 1993 | 90228659 | Union Bank of India | ₹5.25 Lakh | Satisfied | |
| 31 Mar 1989 | 90228173 | Union Bank of India | ₹5.96 Lakh | Satisfied | |
| 27 Sep 1988 | 90226854 | Union Bank of India | ₹35.05 Lakh | Satisfied | |
| 23 Feb 1988 | 90228047 | Union Bank of India | ₹6.3 Lakh | Satisfied |
To see the full charge records of Shri Salasar Plastics Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Shri Salasar Plastics Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shri Salasar Plastics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shri Salasar Plastics Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shri Salasar Plastics Pvt Ltd has 6 board changes on record since 1987: 4 appointments and 2 cessations. The latest: Pradip Kumar Bubna ceased to be Additional Director on 29 Sep 2012.
8 earlier events are in the company report.
Frequently asked questions
Shri Salasar Plastics has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Shri Salasar Plastics was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 October 1987 and is registered under CIN U25200MH1987PTC044880. The company has been struck off by the Registrar of Companies and is no longer operational.
Shri Salasar Plastics had 4 directors:
- Shyam Mahaveerprasad Makharia - Director
- Pradip Kumar Bubna - Director
- Madhusudan Mahaveerprasad Makharia - Director
- Jyotikumar Bubna - Director
The CIN (Corporate Identification Number) of Shri Salasar Plastics is U25200MH1987PTC044880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shri Salasar Plastics is at Makhania House 2nd Flr327 S V P Road, Mumbai, Maharashtra, India – 400004.
Shri Salasar Plastics was incorporated on 01 October 1987. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Shri Salasar Plastics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Shri Salasar Plastics operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
The peers of Shri Salasar Plastics by revenue are Mahabali Impex Private Limited, K D Woollen Mills Private Limited, Sun Resources India Private Limited, Suvridhi Dealmark Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Pradip Kumar Bubna ceased to be Additional Director on 29 Sep 2012. Jagdish Prasad Bubna ceased to be Director on 20 Oct 2011. Pradip Kumar Bubna was appointed as Director on 20 Oct 2011. Shri Salasar Plastics has 6 board changes on record in total.
Shri Salasar Plastics has no open charges and satisfied charges of ₹1.27 Cr as per latest MCA filings.