Company Intelligence Profile
Chemco Plastic Industries Private Limited
Mumbai-based, Saraogi-family-owned PET preform, bottle, jar and flexible-packaging manufacturer trading as "Chemco Group" / "G-PET," incorporated 1996.
Last updated 6 September 2026
Chemco Plastic Industries Private Limited, trading as Chemco Group and G-PET, is a Mumbai-based manufacturer specializing in PET preforms, bottles, jars, and flexible packaging. In FY2025, the company reported indicative revenue of approximately ₹935.6 crore, reflecting a 22.3% year-over-year increase. The family-owned business operates 23 manufacturing locations across India and the Middle East.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Chemco Plastic Industries Private Limited |
|---|---|
| CIN | U25209MH1996PTC096963 |
| PAN | AABCN0098H |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 06 February 1996 |
| ROC | RoC Maharashtra / Mumbai |
| Sector (NIC) | Manufacturing (NIC Section C) — plastic products; specifically PET preforms, bottles, jars, caps/closures, shrink film and flexible packaging |
| Registered address | 78 Virwani Industrial Estate, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra 400063, India |
| Authorized capital | ₹8.45 crore |
| Paid-up capital | ₹4.05 crore |
Business Overview
- Chemco Plastic Industries Pvt Ltd is the flagship legal entity of "Chemco Group," a Mumbai-headquartered rigid and flexible plastics packaging manufacturer
- It makes PET preforms, bottles/jars (PET, PP, PC, PETG, Tritan), 20-litre containers, caps and closures, and flexible packaging (shrink film, stretch wrap, bubble wrap), plus baby-care items, menstrual cups and technical textiles under brands including "G-PET." Per the group website (chemcogroup.com): 23 manufacturing locations across India (Vadodara, Silvassa, Daman, Mumbai, Halol, Sanand, Chiplun, Dahej, Fansa, Khordha, Varanasi) and the Middle East (UAE, Bahrain, Saudi Arabia)
- 500+ machines (Husky, Starlinger, Arburg, Uniloy)
- 2,000,000+ sq ft of factory space
- 1,200+ employees; processes 125,000+ metric tons of polymer annually
- 15 billion+ preforms and 7 billion+ bottles produced to date
- ISO 9001 and FSSC 22000 certified
- serves 300+ customers including Coca-Cola/HCCB, PepsiCo, P&G, Nestlé, J&J, Godrej, Dabur, Marico, Himalaya, Nivea, Britannia, Amul, Wipro, Tupperware, Carrefour, Glenmark, Reckitt, Pee Safe and Chicco (client-logo list on chemcogroup.com, not independently confirmed as contracts)
- No independently-sourced founding narrative or leadership bios were found beyond the director list below
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ramawatar Ishwarprasad Saraogi | 00231607 | - | 06 Feb 1996 |
| Bimla Ramawatar Saraogi | 00364998 | - | 06 Feb 1996 |
| Vaibhav Ramawatar Saraogi | 02553652 | - | 01 Dec 2008 |
| Anushree Vaibhav Saraogi | 07490476 | - | 12 Apr 2016 |
Financials
Standalone financials:
| Revenue | "Over ₹500 Cr" for FY2023-24; one Tofler view shows FY2025 revenue ≈ ₹935.6 Cr (+22.3% YoY) — treat as partial/indicative given the same source showed a range ("₹750-1000 Cr") elsewhere, i.e. internally inconsistent/estimated rather than a confirmed audited figure |
|---|---|
| EBITDA | value locked/not disclosed; YoY change +9.48% (FY to Mar-2025) |
| PAT (Net Profit) | value locked/not disclosed; YoY change +6.14% (FY to Mar-2025) |
| Net worth/Equity | ₹375.5 Cr as of Mar-2025 (Reserves ₹372.4 Cr); YoY +14.58% |
| Total Borrowings | ₹356.1 Cr as of Mar-2025; a separate Tofler charges-summary view shows ₹432.64 Cr open charges vs ₹98.04 Cr satisfied, and a charge-register total of ~₹511.7 Cr across historical filings — figures are not fully reconciled across Tofler's own pages, so treat exact debt quantum as partial/indicative only |
| Total Assets | ₹930.7 Cr |
No PAT/EBITDA absolute rupee figures or a second corroborating source were obtainable; classify overall financials as PARTIAL.
In the News
Coca-Cola, Pepsico packaging supplier Chemco Plastic Industries eyes ₹1,500 crore IPO: Report
CNBC TV18 · a month ago
Coca-Cola, PepsiCo Supplier Chemco Plastic Industries Plans ₹1,500 Crore IPO
Free Press Journal · a month ago
Chemco Plastic Industries: ਪੈਕੇਜਿੰਗ ਦਿੱਗਜ ਦੀ **₹1,500 ਕਰੋੜ** ਦੇ IPO ਦੀ ਚਰਚਾ, ਜਾਣੋ ਕੀ ਹੈ ਸੱਚਾਈ
Whalesbook · a month ago
Chemco Plastic Industries Number of Employees 2026 | Employee Count & Headcount Data
Revelio Labs · 2 months ago
Headlines about Chemco Plastic Industries Private Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges / Loans
- Confirmed — extensive active charge register, lenders include ICICI Bank, Tata Capital, State Bank of India, Axis Bank, Bajaj Finance, and DBS Bank India across 2019-2025, e.g.: ICICI Bank ₹65.0 Cr (25 Apr 2025), Tata Capital ₹15.0 Cr (27 Mar 2025) and ₹6.3 Cr/₹5.0 Cr (Jun-Jul 2025), SBI ₹17.5 Cr (27 Jan 2025) and ₹83.7 Cr (29 May 2023), Axis Bank multiple charges totaling ~₹93.5 Cr registered 14 Dec 2023, DBS Bank India ₹50.0 Cr combined (07 Apr 2022), Bajaj Finance ₹10 Cr x2 (2022-23)
- All charges shown as "Active" (i.e., not yet satisfied) in Tofler's register; total outstanding borrowing across the register is indicatively ₹430-510 Cr (see financials note on reconciliation gap)
Legal / Litigation
- "Chemco Plastic Industries Pvt Ltd vs Chemco Plast," Commercial IP Rights Suit No. 80/2024, Bombay High Court (Judge N.J. Jamadar), with hearings/orders on 24 Jun 2024, 15 Jul 2024, 6 Aug 2024, 3 Sep 2024 and 3 Dec 2025; a related Supreme Court daily order "M/S Chemco Plast vs Chemco Plastic Industries Pvt. Ltd" dated 26 Jul 2024; and a Commercial Appeal No. 11869/2026 before the Bombay High Court (Judge Bharati Dangre), decided/heard 15 Apr 2026
- This appears to be a trademark/brand-name infringement dispute between the target company and a differently-named third party ("Chemco Plast") — note this is a DIFFERENT legal entity than the target and should not be confused with it
Competitors
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