SPL Plast Private Limited
About SPL Plast Private Limited
Data last updated:
SPL Plast Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 16 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2012PTC069071. Its GSTIN is 24AARCS0189C2ZA (Gujarat). The company holds 2 GST registrations, of which 1 is 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 including Hirenkumar Dineshbhai Bhut and Kapil Laxman Bhai 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 Plot No.06 Block No.72 Vasna Chacharvadi Nr. Divya Bhaskar Press Bavla Changodar, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.7 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹2.47 Lakh (net margin 0.4%) and EBITDA of ₹59.96 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹6.56 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
SPL Plast Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.06 Block No.72 Vasna Chacharvadi Nr. Divya Bhaskar Press Bavla Changodar, Ahmedabad, Gujarat, India – 382213
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of SPL Plast 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
Business activity
The main business activity of SPL Plast 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 SPL Plast Private Limited, buy the company report.
Financials of SPL Plast Private Limited
FY 2025 filings availableSPL Plast Private Limited reported revenue of ₹5.7 Cr (down 13% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 36% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹59.96 Lakh | ||||
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| Net Profit (PAT) | ₹2.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of SPL Plast Private Limited, buy the company report.
Board of directors of SPL Plast Private Limited
SPL Plast has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hirenkumar Dineshbhai Bhut Also directs: SPL Forge Private Limited | Director | 24 Aug 2024 | 2 Years 2 Months | Current |
| Kapil Laxman Bhai Patel Also directs: Split Developers Private Limited | Director | 31 Jan 2013 | 13 Years 8 Months | Current |
| Ashishbhai Bhailalbhai Patel Also directs: SPL Fasteners Private Limited | Director | 09 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
SPL Plast Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), 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 |
|---|---|---|---|---|---|---|
| Gagnant Polymers India Private Limited | ₹5.71 Cr (FY 2017) | -36.0% | New Delhi, Delhi, India | |||
| Ashish Cans and Containers Private Limited | ₹5.71 Cr (FY 2025) | -7.0% | Pune, Maharashtra, India | |||
| Toolmetrics Engineers Private Limited | ₹5.7 Cr (FY 2024) | 59.0% | Balanaganr, Telangana, India | |||
| SPL Plast Private Limitedthis company | ₹5.7 Cr (FY 2022) | ₹2.47 Lakh | 0.4% | -13.0% | Ahmedabad, Gujarat, India | |
| Savera Disposables Private Limited | ₹5.69 Cr (FY 2025) | 16.0% | Guwahati, Assam, India | |||
| K.S. Polytube Private Limited | ₹5.68 Cr (FY 2025) | 11.0% | Jaipur, Rajasthan, India | |||
| PMC Plasto Private Limited | ₹5.68 Cr (FY 2024) | 34.0% | Dhoraji, Gujarat, India |
To see the full peer comparison of SPL Plast Private Limited, buy the company report.
Auditor
SPL Plast Private Limited is audited by VORA JIRUWALA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VORA JIRUWALA & ASSOCIATES | FY 2020 | 138279W |
Shareholding
The shareholding of SPL Plast Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of SPL Plast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2020 | 100384014 | Others | ₹3 Cr | Open | |
| 19 Jul 2016 | 100051214 | The South Indian Bank Limited | ₹3.06 Cr | Satisfied | |
| 26 Jul 2012 | 10368896 | State Bank of India | ₹3.5 Cr | Satisfied |
To see the full charge records of SPL Plast Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving SPL Plast Private Limited 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 SPL Plast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SPL Plast has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS0189C2ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SPL Plast Private Limited, buy the company report.
Recent activity
SPL Plast Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Ashishbhai Bhailalbhai Patel ceased to be Additional Director on 29 Sep 2025.
10 earlier events are in the company report.
Frequently asked questions
SPL Plast is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 16 February 2012 (14+ years old) and is registered under CIN U25209GJ2012PTC069071.
SPL Plast has 3 current directors:
- Hirenkumar Dineshbhai Bhut - Director
- Kapil Laxman Bhai Patel - Director
- Ashishbhai Bhailalbhai Patel - Director
The latest financial statements of SPL Plast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SPL Plast is 24AARCS0189C2ZA, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of SPL Plast is U25209GJ2012PTC069071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPL Plast was incorporated on 16 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of SPL Plast by revenue are Gagnant Polymers India Private Limited, Ashish Cans and Containers Private Limited, Toolmetrics Engineers Private Limited, Savera Disposables Private Limited, K.S. Polytube Private Limited and 1 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ashishbhai Bhailalbhai Patel ceased to be Additional Director on 29 Sep 2025. Ashishbhai Bhailalbhai Patel was appointed as Director on 09 Jun 2025. Hirenkumar Dineshbhai Bhut ceased to be Additional Director on 29 Sep 2024. SPL Plast has 13 board changes on record in total.
The registered office of SPL Plast is at Plot No.06 Block No.72 Vasna Chacharvadi Nr. Divya Bhaskar Press Bavla Changodar, Ahmedabad, Gujarat, India – 382213.
SPL Plast operates in the manufacturing industry, in the plastic-based products segment.
SPL Plast has open charges of ₹3 Cr and satisfied charges of ₹6.56 Cr as per latest MCA filings.