MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0006309
Ziasi Plasticware Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.47 Cr
▼ 15% YoY
Net profit · FY 2024
₹7.47 Lakh
Net margin 5.1%
EBITDA · FY 2024
₹19.45 Lakh
EBITDA margin 13.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹82 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
About Ziasi Plasticware Private Limited
Data last updated:
Ziasi Plasticware 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 22 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2017PTC097490. Its GSTIN is 24AABCZ0877C1ZH (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Rajendra Madhavlal Thakkar and Jitendra Madhavlal Thakkar.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.47 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹7.47 Lakh (net margin 5.1%) and EBITDA of ₹19.45 Lakh (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹82 Lakh on record. Court records list 6 cases involving the company, including 6 filed by the company; 4 cases are pending.
Ziasi Plasticware Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006309). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ziasiplasticware.com.
Company details
CIN U25209GJ2017PTC097490
Registration Number 097490
Incorporation Date 22 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0006309
Key People
Kanakkumar Dilipbhai Pitroda Additional Director Rajendra Madhavlal Thakkar Director Jitendra Madhavlal Thakkar Director Recognitions & Rankings of Ziasi Plasticware
Contact details
Ziasi Plasticware Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ziasiplasticware.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No 96, Istolabad Chosar Devdi Road Daskroi, Ahmedabad, Gujarat, India – 382435
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Ziasi Plasticware Private Limited, buy the company report.
Comprehensive company report
Ziasi Plasticware 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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Business activity
The main business activity of Ziasi Plasticware 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 Ziasi Plasticware Private Limited, buy the company report.
Financials of Ziasi Plasticware Private Limited
FY 2025 filings availableZiasi Plasticware Private Limited reported revenue of ₹1.47 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹1.47 Cr ▼ 15%
Net profit · FY 2024
₹7.47 Lakh margin 5.1%
EBITDA · FY 2024
₹19.45 Lakh margin 13.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 3%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 19%
5 years · compounded
▲ 8%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 28% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.47 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ziasi Plasticware Private Limited, buy the company report.
Board of directors of Ziasi Plasticware Private Limited
Ziasi Plasticware has 4 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 |
|---|---|---|---|---|
| Kanakkumar Dilipbhai Pitroda | Additional Director | 06 Sep 2017 | 9 Years 1 Months | Current |
| Rajendra Madhavlal Thakkar | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Jitendra Madhavlal Thakkar | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Bela Jitendra Thakkar | Director | 14 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Ziasi Plasticware Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Kowley Polymers P Ltd | ₹1.47 Cr (FY 2025) | -23.0% | Pune, Maharashtra, India | |||
| Ziasi Plasticware Private Limitedthis company | ₹1.47 Cr (FY 2024) | ₹7.47 Lakh | 5.1% | -15.0% | Ahmedabad, Gujarat, India | |
| Patna Polymers Private Limited | ₹1.46 Cr (FY 2024) | -29.0% | Patna, Bihar, India | |||
| Fibro Reinforced Plastics Private Limited | ₹1.46 Cr (FY 2024) | -76.0% | Bangalore, Karnataka, India | |||
| Kevin Polyplast Private Limited | ₹1.46 Cr (FY 2024) | -18.0% | Rajkot Bhavnagar Highway, Gujarat, India |
To see the full peer comparison of Ziasi Plasticware Private Limited, buy the company report.
Auditor
Ziasi Plasticware Private Limited is audited by K H M S & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K H M S & ASSOCIATES | FY 2023 | 0150878W |
Shareholding
The shareholding of Ziasi Plasticware 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 Ziasi Plasticware Private Limited, buy the company report.
Charges & borrowings
Open charges
₹82 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2017 | 100121571 | Others | ₹82 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Ziasi Plasticware Private Limited has 6 court cases on record: 6 filed by Ziasi Plasticware. 4 cases are pending and 2 are disposed.
Total cases
6
Filed by the company
6
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 4 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Manvar Products Ltd. and 3 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Ziasi Plasticware 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
Ziasi Plasticware Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2018, 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 |
|---|---|---|---|
| Novelt Pet |
To see the full MSME payment records of Ziasi Plasticware Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ziasi Plasticware has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCZ0877C1ZH | Gujarat | Active | 11 Jul 2017 |
To see the full GST registrations and return filing status of Ziasi Plasticware Private Limited, buy the company report.
Recent activity
Ziasi Plasticware Private Limited has 6 board changes on record since 2017: 5 appointments and 1 cessation. The latest: Vishnukumar Kantilal Thakkar ceased to be Additional Director on 21 Jul 2025.
AGM
Ziasi Plasticware Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Vishnukumar Kantilal Thakkar ceased to be Additional Director.
Filing
Ziasi Plasticware Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Bela Jitendra Thakkar was appointed as Director.
Appointed
Kanakkumar Dilipbhai Pitroda was appointed as Additional Director.
Appointed
Vishnukumar Kantilal Thakkar was appointed as Additional Director.
Charges
A charge with Others amounted to Rs. 82.00 Lakh with Charge ID 100121571 was registered on 04 Aug 2017.
Appointed
Jitendra Madhavlal Thakkar was appointed as Director.
Appointed
Rajendra Madhavlal Thakkar was appointed as Director.
Incorporation
22 May 2017
Ziasi Plasticware Private Limited was registered on 22 May 2017 with Roc Ahmedabad & aged 9 years 5 months as per MCA records.
Frequently asked questions
Ziasi Plasticware 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 22 May 2017 (9+ years old) and is registered under CIN U25209GJ2017PTC097490.
Ziasi Plasticware has 4 current directors:
- Kanakkumar Dilipbhai Pitroda - Additional Director
- Rajendra Madhavlal Thakkar - Director
- Jitendra Madhavlal Thakkar - Director
- Bela Jitendra Thakkar - Director
The latest financial statements of Ziasi Plasticware 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 FY 2018 are in the company report.
The GSTIN of Ziasi Plasticware is 24AABCZ0877C1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Ziasi Plasticware is U25209GJ2017PTC097490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ziasi Plasticware has 6 court cases on record: 6 filed by the company. 4 are pending.
Ziasi Plasticware was incorporated on 22 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ziasi Plasticware by revenue are Kowley Polymers P Ltd, Patna Polymers Private Limited, Fibro Reinforced Plastics Private Limited, Kevin Polyplast 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).
Vishnukumar Kantilal Thakkar ceased to be Additional Director on 21 Jul 2025. Bela Jitendra Thakkar was appointed as Director on 14 Jun 2024. Kanakkumar Dilipbhai Pitroda was appointed as Additional Director on 06 Sep 2017. Ziasi Plasticware has 6 board changes on record in total.
Yes, Ziasi Plasticware is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0006309).
Ziasi Plasticware has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 29 May 2019.
Ziasi Plasticware can be reached through the website ziasiplasticware.com. Its registered office is in Ahmedabad, Gujarat, India.