Unnati Plastics Private Limited
About Unnati Plastics Private Limited
Data last updated:
Unnati Plastics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 23 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1996PTC019658. Its GSTIN is 29AAACU1843Q1ZS (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹31.57 Lakh. It is led by directors Gopal Sarda and Sadasivan Neelakandhan.
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 No.47 Lakshmaiah Layout Abbigere Chikkabanavara Post Bangalore, Karnataka, India – 560090.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹75.12 Lakh (net margin -19.4%) and EBITDA of -₹16.26 Lakh (EBITDA margin -4.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.41 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Unnati Plastics Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.47 Lakshmaiah Layout Abbigere Chikkabanavara Post Bangalore, Karnataka, India – 560090
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Unnati Plastics 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 Unnati Plastics Private Limited
FY 2025 filings availableUnnati Plastics Private Limited reported revenue of ₹3.88 Cr (up 9865457% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹16.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹75.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.2% | ||||
| Net Profit Margin | -19.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Unnati Plastics Private Limited, buy the company report.
Board of directors of Unnati Plastics Private Limited
Unnati Plastics has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Sarda Also directs: Wiz Plast Private Limited, Plasmagen Biosciences Private Limited | Director | 01 Feb 2012 | 14 Years 8 Months | Current |
| Sadasivan Neelakandhan | Director | 20 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Unnati Plastics Private Limited is audited by P P B N & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P P B N & Co. | FY 2023 | 002694S |
Shareholding
The shareholding of Unnati Plastics 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 Unnati Plastics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2012 | 10397189 | Central Bank of India | ₹17.5 Lakh | Open | |
| 08 Oct 2012 | 10385067 | Central Bank of India | ₹23.18 Lakh | Open | |
| 20 Mar 2012 | 10354102 | Central Bank of India | ₹10 Lakh | Open | |
| 01 Feb 2007 | 10041745 | Central Bank of India | ₹10 Lakh | Open | |
| 17 Oct 2005 | 80022087 | Others | ₹1.71 Cr | Open |
To see the full charge records of Unnati Plastics Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
No court or tribunal cases involving Unnati Plastics 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
Unnati Plastics Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bhagyashree Colours Private Limited |
To see the full MSME payment records of Unnati Plastics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Unnati Plastics has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Unnati Plastics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACU1843Q1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Unnati Plastics Private Limited, buy the company report.
Recent activity
Unnati Plastics Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Sadasivan Neelakandhan was appointed as Director on 20 Apr 2022.
11 earlier events are in the company report.
Frequently asked questions
Unnati Plastics is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 23 January 1996 (30+ years old) and is registered under CIN U25209KA1996PTC019658.
Unnati Plastics has 2 current directors:
- Gopal Sarda - Director
- Sadasivan Neelakandhan - Director
The latest financial statements of Unnati Plastics 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 Unnati Plastics is 29AAACU1843Q1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Unnati Plastics is U25209KA1996PTC019658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Unnati Plastics was incorporated on 23 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Sadasivan Neelakandhan was appointed as Director on 20 Apr 2022. Sriju Sadasivan ceased to be Director on 20 Apr 2022. Neelakandhan Sadasivan ceased to be Director on 30 Sep 2017. Unnati Plastics has 9 board changes on record in total.
Unnati Plastics has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
The registered office of Unnati Plastics is at No.47 Lakshmaiah Layout Abbigere Chikkabanavara Post Bangalore, Karnataka, India – 560090.
Unnati Plastics operates in the manufacturing industry, in the plastic-based products segment.
Unnati Plastics has open charges of ₹2.41 Cr and no satisfied charges on record as per latest MCA filings.