MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-75-0007619
Vineet Plastics Limited - home & lifestyle in Varanasi, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.01 Cr
▼ 24% YoY
Net profit · FY 2023
₹21.94 Lakh
Net margin 2%
EBITDA · FY 2023
₹2.01 Cr
EBITDA margin 18.2%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.98 Cr
Issued & subscribed
Open charges
₹21.42 Cr
Satisfied ₹24.26 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
10
Provident fund records
About Vineet Plastics Limited
Data last updated:
Vineet Plastics Limited is a public limited company based in Varanasi, Uttar Pradesh, India. It operates in the crockery and kitchenware manufacturing segment of the home and lifestyle products sector. It was incorporated on 17 December 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U25201UP1987PLC009212. Its GSTIN is 09AABCV7163M1ZR (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.98 Cr. It was formerly known as Vineet Plastics Private Limited. It is led by directors including Sachin Agrawal and Ram Swaroop Agrawal.
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 C – 21 4Ka Maldihya Varansi, Varanasi, Uttar Pradesh, India – 221002.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.01 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹21.94 Lakh (net margin 2%) and EBITDA of ₹2.01 Cr (EBITDA margin 18.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vineet Plastics. As per MCA filings, the company has open charges of ₹21.42 Cr and satisfied charges of ₹24.26 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it; 1 case is pending.
Vineet Plastics Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0007619). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vineetplastics.com.
Company details
CIN U25201UP1987PLC009212
Registration Number 009212
Incorporation Date 17 December 1987
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-75-0007619
CIN history
Vineet Plastics has one previous CIN (Corporate Identification Number): U25201UP1987PTC009212. The current CIN is U25201UP1987PLC009212, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25201UP1987PLC009212 | Current |
| U25201UP1987PTC009212 | Previous |
Recognitions & Rankings of Vineet Plastics
Contact details
Vineet Plastics Limited's registered office is in Varanasi, Uttar Pradesh. Its website is vineetplastics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 21 4Ka Maldihya Varansi, Varanasi, Uttar Pradesh, India – 221002
- IndustryHome & Lifestyle, Crockery & Kitchenware Manufacturing
To see the full contact details of Vineet Plastics Limited, buy the company report.
Comprehensive company report
Vineet Plastics 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Vineet Plastics operates one associated brand: Vineet Plastics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of water storage tanks, pipes, and fittings in India. | vineetplastics.com |
Business activity
The main business activity of Vineet 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 Vineet Plastics Limited, buy the company report.
Financials of Vineet Plastics Limited
FY 2023 filings availableVineet Plastics Limited reported revenue of ₹11.01 Cr (down 24% YoY) for FY 2023.
Revenue · FY 2023
₹11.01 Cr ▼ 24%
Net profit · FY 2023
₹21.94 Lakh margin 2%
EBITDA · FY 2023
₹2.01 Cr margin 18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 10%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 2%
5 years · compounded
▲ 1%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 24% fall in the latest year. EBITDA rose 6% 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 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 | ₹11.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.94 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 2% | ||||
| 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 Vineet Plastics Limited, buy the company report.
Board of directors of Vineet Plastics Limited
Vineet Plastics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Agrawal | Director | 06 Nov 2002 | 23 Years 11 Months | Current |
| Ram Swaroop Agrawal Also directs: Sachin Pipes Private Limited | Director | 08 Feb 2017 | 9 Years 8 Months | Current |
| Piyush Agrawal | Director | 06 Nov 2002 | 23 Years 11 Months | Current |
Peer comparison
Vineet Plastics Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Crockery and Utensils Manufacturers, Industrial Products Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Bajaj Equipments Limited | ₹11.02 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Garware Synthetics Limited | ₹11.02 Cr (FY 2025) | 3.0% | Mira Road, Maharashtra, India | |||
| Vineet Plastics Limitedthis company | ₹11.01 Cr (FY 2023) | ₹21.94 Lakh | 2% | -24.0% | 10 | Varanasi, Uttar Pradesh, India |
| Allahabad Enterprises Private Limited | ₹10.98 Cr (FY 2024) | 18.0% | Prayagraj, Uttar Pradesh, India | |||
| Pecasa Tableware Private Limited | ₹10.98 Cr (FY 2025) | 2850.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Vineet Plastics Limited, buy the company report.
Auditor
Vineet Plastics Limited is audited by V.RAJENDRA GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.RAJENDRA GUPTA & ASSOCIATES | FY 2023 | 004507C |
Shareholding
The shareholding of Vineet Plastics 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vineet Plastics Limited, buy the company report.
Charges & borrowings
Open charges
₹21.42 Cr
Satisfied charges
₹24.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Aug 2025 | 101156036 | Axis Bank Limited | ₹5.25 Cr | Open | |
| 17 Jul 2023 | 100771716 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 20 Feb 2023 | 100677301 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 21 Oct 2022 | 100678918 | Hdfc Bank Limited | ₹8.1 Lakh | Open | |
| 10 Nov 2015 | 10605805 | Bank of India | ₹8.68 Lakh | Open |
To see the full charge records of Vineet Plastics Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Vineet Plastics Limited has 11 court cases on record: 10 filed by Vineet Plastics, 1 filed against it. 1 case is pending and 10 are disposed.
Total cases
11
Filed by the company
10
Filed against the company
1
Pending
1
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 1 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Purvanchal Vidyut Vitran Nigam Limited and Another | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Purvanchal Vidyut Vitran Nigam Ltd. and Another | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against U.P. Power Corporation Ltd. and 2 Others | Disposed |
| District court, Varanasi, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Disposed |
| District court, Varanasi, Uttar Pradesh | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Vineet Plastics 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
Vineet Plastics Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 95 overdue payments to 82 micro and small suppliers. 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 (5 of 82)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Makarios LLP |
To see the full MSME payment records of Vineet Plastics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vineet Plastics Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-23.08%
GST
Vineet Plastics has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCV7163M1ZR | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AABCV7163M1Z8 | Bihar | Active | 07 Dec 2023 |
To see the full GST registrations and return filing status of Vineet Plastics Limited, buy the company report.
Recent activity
Vineet Plastics Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Ram Swaroop Agrawal was appointed as Director on 08 Feb 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 5.25 Cr with Charge ID 101156036 was registered on 02 Aug 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 6.00 Cr registered on 17 Jul 2023 with Charge ID 100771716 was modified on 08 Nov 2024.
AGM
Vineet Plastics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Cr with Charge ID 100771716 was registered on 17 Jul 2023.
Charges
A charge registered on 10 Sep 2013 via Charge ID 10447521 with Small Industries Development Bank Of India was fully satisfied on 16 May 2023.
Charges
A charge registered on 25 Nov 2009 via Charge ID 10185791 with Small Industries Development Bank Of India was fully satisfied on 16 May 2023.
Filing
Vineet Plastics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100677301 was registered on 20 Feb 2023.
Charges
A charge registered on 30 Apr 2022 via Charge ID 100569879 with Bank Of India was fully satisfied on 06 Feb 2023.
Charges
A charge registered on 02 Mar 2021 via Charge ID 100457255 with Bank Of India was fully satisfied on 06 Feb 2023.
Charges
A charge registered on 02 Jun 2020 via Charge ID 100343331 with Bank Of India was fully satisfied on 06 Feb 2023.
Charges
A charge registered on 10 Sep 2012 via Charge ID 10384906 with Bank Of India was fully satisfied on 06 Feb 2023.
43 earlier events are in the company report.
Frequently asked questions
Vineet Plastics is an active public limited company based in Varanasi, Uttar Pradesh, India. The company works in crockery and kitchenware manufacturing, within the home and lifestyle industry. It was incorporated on 17 December 1987 (39+ years old) and is registered under CIN U25201UP1987PLC009212.
Vineet Plastics has 3 current directors:
- Sachin Agrawal - Director
- Ram Swaroop Agrawal - Director
- Piyush Agrawal - Director
The latest financial statements of Vineet Plastics 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.
The GSTIN of Vineet Plastics is 09AABCV7163M1ZR, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 10AABCV7163M1Z8 (Bihar).
The CIN (Corporate Identification Number) of Vineet Plastics is U25201UP1987PLC009212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vineet Plastics has 11 court cases on record: 10 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Vineet Plastics was incorporated on 17 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Vineet Plastics by revenue are Bajaj Equipments Limited, Garware Synthetics Limited, Allahabad Enterprises Private Limited, Pecasa Tableware Private Limited, all in the Machinery and Equipment industry (Crockery and Utensils Manufacturers, Industrial Products Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Ram Swaroop Agrawal was appointed as Director on 08 Feb 2017. Naveen Agrawal ceased to be Director on 18 Dec 2016. Piyush Agrawal was appointed as Director on 06 Nov 2002. Vineet Plastics has 4 board changes on record in total.
Yes, Vineet Plastics is registered as a small enterprise under Udyam registration (number: UDYAM-UP-75-0007619).
Vineet Plastics has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 95 overdue payments to 82 micro and small suppliers. The latest return was filed on 01 May 2024.
Vineet Plastics can be reached through the website vineetplastics.com. Its registered office is in Varanasi, Uttar Pradesh, India.