DPIIT recognised startup Government of India
Startup India
Vaasaa Plastics Private Limited
Vaasaa Plastics Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.56 Cr
▲ 28% YoY
Net profit · FY 2024
₹24.8 Lakh
Net margin 4.5%
EBITDA · FY 2024
₹61.77 Lakh
EBITDA margin 11.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹1.71 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
28
Provident fund records
About Vaasaa Plastics Private Limited
Data last updated:
Vaasaa Plastics Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 01 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25209TN2020PTC137581. Its GSTIN is 33AAHCV5717B1ZL (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Hamseswari Renganathan and Prakash Katama.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.52 & 53 Srinivasa Nagar Maduravoyal, Chennai, Tamil Nadu, India – 600095.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.56 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹24.8 Lakh (net margin 4.5%) and EBITDA of ₹61.77 Lakh (EBITDA margin 11.1%).
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.71 Cr on record.
Vaasaa Plastics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0011182).
Company details
CIN U25209TN2020PTC137581
Registration Number 137581
Incorporation Date 01 September 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-TN-02-0011182
Recognitions & Rankings of Vaasaa Plastics
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0011182
Contact details
Vaasaa Plastics Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.52 & 53 Srinivasa Nagar Maduravoyal, Chennai, Tamil Nadu, India – 600095
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Vaasaa Plastics Private Limited, buy the company report.
Comprehensive company report
Vaasaa Plastics Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Vaasaa Plastics 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 Vaasaa Plastics Private Limited, buy the company report.
Financials of Vaasaa Plastics Private Limited
FY 2025 filings availableVaasaa Plastics Private Limited reported revenue of ₹5.56 Cr (up 28% YoY) for FY 2024.
Revenue · FY 2024
₹5.56 Cr ▲ 28%
Net profit · FY 2024
₹24.8 Lakh margin 4.5%
EBITDA · FY 2024
₹61.77 Lakh margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
EBITDA CAGR growth
1 year
▲ 15%
Revenue rose 28% in the latest year. EBITDA rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | 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 | ₹61.77 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹24.8 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 11.1% | |||
| Net Profit Margin | 4.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Vaasaa Plastics Private Limited, buy the company report.
Board of directors of Vaasaa Plastics Private Limited
Vaasaa Plastics has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hamseswari Renganathan | Director | 01 Nov 2023 | 2 Years 11 Months | Current |
| Prakash Katama Also directs: Conzumex Industries Private Limited | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
| Ramachandraiah Gadupuri | Director | 01 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Vaasaa Plastics Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Shiroo Polymers Private Limited | ₹5.59 Cr (FY 2024) | -18.0% | Chennai, Tamil Nadu, India | |||
| VRG Arihant Plast Private Limited | ₹5.57 Cr (FY 2021) | 129.0% | Mumbai, Maharashtra, India | |||
| Gen-Nxt Plastic Technologies Private Limited | ₹5.57 Cr (FY 2024) | 11.0% | Akole, Maharashtra, India | |||
| S M R Poly Product India Private Limited | ₹5.57 Cr (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Vaasaa Plastics Private Limitedthis company | ₹5.56 Cr (FY 2024) | ₹24.8 Lakh | 4.5% | 28.0% | 28 | Chennai, Tamil Nadu, India |
| Contrive Moulds Private Limited | ₹5.52 Cr (FY 2024) | 10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vaasaa Plastics Private Limited, buy the company report.
Auditor
Vaasaa Plastics Private Limited is audited by GANESH PRASAD for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH PRASAD | FY 2023 | 000872S |
Shareholding
The shareholding of Vaasaa Plastics Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vaasaa Plastics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.71 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2023 | 100798257 | Sidbi | ₹54.5 Lakh | Open | |
| 24 Apr 2023 | 100725452 | State Bank of India | ₹49.95 Lakh | Open | |
| 22 Sep 2021 | 100480697 | Sidbi | ₹66.6 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Vaasaa 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
No delayed payments to MSME suppliers are on our record for Vaasaa Plastics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vaasaa Plastics Private Limited has a workforce of 28 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
16.67%
GST
Vaasaa Plastics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCV5717B1ZL | Tamil Nadu | Active | 15 Sep 2020 |
To see the full GST registrations and return filing status of Vaasaa Plastics Private Limited, buy the company report.
Recent activity
Vaasaa Plastics Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Hamseswari Renganathan ceased to be Additional Director on 27 Sep 2024.
AGM
Vaasaa Plastics Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Vaasaa Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Hamseswari Renganathan ceased to be Additional Director.
Appointed
Hamseswari Renganathan was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 54.50 Lakh with Charge ID 100798257 was registered on 26 Sep 2023.
Charges
A charge with State Bank Of India amounted to Rs. 49.95 Lakh with Charge ID 100725452 was registered on 24 Apr 2023.
Ceased
Pasupathi ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 66.60 Lakh with Charge ID 100480697 was registered on 22 Sep 2021.
Appointed
Prakash Katama was appointed as Director.
Appointed
Ramachandraiah Gadupuri was appointed as Director.
Incorporation
01 Sep 2020
Vaasaa Plastics Private Limited was registered on 01 Sep 2020 with Roc Chennai & aged 6 years 1 month as per MCA records.
Frequently asked questions
Vaasaa Plastics is an active private limited company based in Chennai, Tamil Nadu, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 01 September 2020 (6+ years old) and is registered under CIN U25209TN2020PTC137581.
Vaasaa Plastics has 3 current directors:
- Hamseswari Renganathan - Director
- Prakash Katama - Director
- Ramachandraiah Gadupuri - Director
The latest financial statements of Vaasaa Plastics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Vaasaa Plastics is 33AAHCV5717B1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Vaasaa Plastics is U25209TN2020PTC137581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaasaa Plastics was incorporated on 01 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Vaasaa Plastics by revenue are Shiroo Polymers Private Limited, VRG Arihant Plast Private Limited, Gen-Nxt Plastic Technologies Private Limited, S M R Poly Product India Private Limited, Contrive Moulds Private Limited, 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).
Hamseswari Renganathan ceased to be Additional Director on 27 Sep 2024. Hamseswari Renganathan was appointed as Director on 01 Nov 2023. Pasupathi ceased to be Director on 01 Apr 2023. Vaasaa Plastics has 5 board changes on record in total.
Yes, Vaasaa Plastics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vaasaa Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0011182).
The registered office of Vaasaa Plastics is at Plot No.52 & 53 Srinivasa Nagar Maduravoyal, Chennai, Tamil Nadu, India – 600095.