About Viraj Polyplast Technologies Private Limited
Data last updated:
Viraj Polyplast Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 31 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2004PTC146649. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Darpan Jitendra Shah and Purvi Darpan Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No: 601 Jeevan Bodh 6 Mamlatdar Wadi Near Dr. Gariba Hospital Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2022, the company reported a revenue of ₹46.67 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹28.12 Lakh (net margin -60.3%) and EBITDA of ₹44.71 Lakh (EBITDA margin 95.8%). Revenue has declined at a compounded annual rate (CAGR) of 326% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹10.33 Cr and satisfied charges of ₹20 Lakh on record. Court records list 64 cases involving the company, including 5 filed by the company and 59 filed against it; 18 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website virajpolyplast.com.
Company details
Contact details
Viraj Polyplast Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is virajpolyplast.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No: 601 Jeevan Bodh 6 Mamlatdar Wadi Near Dr. Gariba Hospital Malad West, Mumbai, Maharashtra, India – 400064
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Viraj Polyplast Technologies 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 Viraj Polyplast Technologies 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 Viraj Polyplast Technologies Private Limited, buy the company report.
Financials of Viraj Polyplast Technologies Private Limited
FY 2022 filings availableViraj Polyplast Technologies Private Limited reported revenue of ₹46.67 Lakh (up 31014% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹44.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.12 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 95.8% | ||||
| Net Profit Margin | -60.3% | ||||
| 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 Viraj Polyplast Technologies Private Limited, buy the company report.
Board of directors of Viraj Polyplast Technologies Private Limited
Viraj Polyplast Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darpan Jitendra Shah | Director | 31 May 2004 | 22 Years 4 Months | Current |
| Purvi Darpan Shah | Director | 31 May 2004 | 22 Years 4 Months | Current |
| Anil Bhimrao Parit Also directs: Polyve Material Science Private Limited | Director | 28 Jan 2019 | 7 Years 8 Months | Current |
Peer comparison
Viraj Polyplast Technologies Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Trimurti Polyplast India Private Limited | ₹47.04 Lakh (FY 2019) | -60.0% | Beed, Maharashtra, India | |||
| Mingchen Plastic Technology Private Limited | ₹46.81 Lakh (FY 2020) | Gurugram, Haryana, India | ||||
| Ibis Industries Private Limited | ₹46.75 Lakh (FY 2025) | -78.0% | Kunnamkulam, Kerala, India | |||
| Vaigai Polymers Private Limited | ₹46.74 Lakh (FY 2025) | -45.0% | Tamil Nadu, India | |||
| Viraj Polyplast Technologies Private Limitedthis company | ₹46.67 Lakh (FY 2022) | -₹28.12 Lakh | -60.3% | 31014.0% | Mumbai, Maharashtra, India | |
| Suraj Enterpises Private Limited | ₹46.56 Lakh (FY 2025) | 85.0% | New Delhi, Delhi, India | |||
| Alliance Display Forms Private Limited | ₹46.22 Lakh (FY 2025) | -78.0% | New Delhi, Delhi, India | |||
| Minflex Polymers Private Limited | ₹46.07 Lakh (FY 2024) | -8.0% | Rajasthan, India |
To see the full peer comparison of Viraj Polyplast Technologies Private Limited, buy the company report.
Auditor
Viraj Polyplast Technologies Private Limited is audited by ASHVIN THUMAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHVIN THUMAR & CO | FY 2021 | 131965W |
Shareholding
The shareholding of Viraj Polyplast Technologies Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Viraj Polyplast Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2013 | 10418238 | Intec Capital Limited | ₹1.4 Cr | Open | |
| 21 Jan 2013 | 10399528 | Electronica Finance Limited | ₹52.51 Lakh | Open | |
| 29 Aug 2012 | 10375917 | Others | ₹50 Lakh | Open | |
| 28 Nov 2011 | 10324233 | Others | ₹27 Lakh | Open | |
| 05 Jun 2009 | 10231197 | State Bank of India | ₹7.63 Cr | Open |
To see the full charge records of Viraj Polyplast Technologies Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Viraj Polyplast Technologies Private Limited has 64 court cases on record: 5 filed by Viraj Polyplast Technologies, 59 filed against it. 18 cases are pending and 46 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 40 | 13 |
| High courts | 23 | 18 | 5 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 64)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| District court, South East, Delhi | Revision petition | Filed against the company by M/S Intec Capital Ltd | Pending |
| District court, South East, Delhi | Interim or miscellaneous application | Filed against the company by Intec Capital Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Reliance Capital Limited | Pending |
To see the full case history of Viraj Polyplast Technologies Private 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
No delayed payments to MSME suppliers are on our record for Viraj Polyplast Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Viraj Polyplast Technologies Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Viraj Polyplast Technologies has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Viraj Polyplast Technologies Private Limited, buy the company report.
Recent activity
Viraj Polyplast Technologies Private Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Prakash Bhagubhai Patel ceased to be Director on 01 Sep 2025.
8 earlier events are in the company report.
Frequently asked questions
Viraj Polyplast Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 31 May 2004 (22+ years old) and is registered under CIN U25200MH2004PTC146649.
Viraj Polyplast Technologies has 3 current directors:
- Darpan Jitendra Shah - Director
- Purvi Darpan Shah - Director
- Anil Bhimrao Parit - Director
The latest financial statements of Viraj Polyplast Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Viraj Polyplast Technologies has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Viraj Polyplast Technologies is U25200MH2004PTC146649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Viraj Polyplast Technologies has 64 court cases on record: 5 filed by the company and 59 filed against it. 18 are pending. Most are in the district courts.
Viraj Polyplast Technologies was incorporated on 31 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Viraj Polyplast Technologies by revenue are Trimurti Polyplast India Private Limited, Mingchen Plastic Technology Private Limited, Ibis Industries Private Limited, Vaigai Polymers Private Limited, Suraj Enterpises Private Limited and 2 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).
Prakash Bhagubhai Patel ceased to be Director on 01 Sep 2025. Anil Bhimrao Parit was appointed as Director on 28 Jan 2019. Prakash Bhagubhai Patel was appointed as Director on 28 Jan 2019. Viraj Polyplast Technologies has 7 board changes on record in total.
Viraj Polyplast Technologies can be reached through the website virajpolyplast.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Viraj Polyplast Technologies is at Flat No: 601 Jeevan Bodh 6 Mamlatdar Wadi Near Dr. Gariba Hospital Malad West, Mumbai, Maharashtra, India – 400064.