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.
CIN: U25209MH1996PTC096963ActiveRoC Maharashtra / Mumbai (Tofler: "Maharashtra"; TheCompanyCheck: "Mumbai" — same registry, minor label difference)Confidence: medium-high — CIN/name/incorporation-date/address/capital corroborated by 2 independent registry sources
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Chemco Plastic Industries Private Limited |
|---|---|
| CIN | U25209MH1996PTC096963 |
| PAN | AABCN0098H (Source: Tofler) |
| Status | Active |
| Listing | Unlisted (private limited company) |
| Incorporated | 06 February 1996 (Source: Tofler, TheCompanyCheck — agree) |
| ROC | RoC Maharashtra / Mumbai (Tofler: "Maharashtra"; TheCompanyCheck: "Mumbai" — same registry, minor label difference) |
| Sector (NIC) | Manufacturing (NIC Section C) — plastic products; specifically PET preforms, bottles, jars, caps/closures, shrink film and flexible packaging (Source: Tofler business-activity page; corroborated by chemcogroup.com) |
| Registered address | 78 Virwani Industrial Estate, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra 400063, India (Source: Tofler, TheCompanyCheck — agree) |
| Authorized capital | ₹8.45 crore (Source: Tofler, TheCompanyCheck — agree) |
| Paid-up capital | ₹4.05 crore (Source: Tofler, TheCompanyCheck — agree) |
Business Overview
Confirmed- 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
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ramawatar Ishwarprasad Saraogi | 00231607 | - | - |
| Bimla Ramawatar Saraogi | 00364998 | - | - |
| Vaibhav Ramawatar Saraogi | 02553652 | - | 01 Dec 2008 |
| Anushree Vaibhav Saraogi | 07490476 | partial/unconfirmed as a "director." Last AGM: 30 September 2024 Source: Tofler. | 12 Apr 2016 |
Financials
Partial / conflictingStandalone financials (Source: Tofler; figures partially paywalled beyond the YoY deltas and balance-sheet snapshot shown):
| 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 (per one Tofler snapshot; -0.99% YoY); 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 (Mar-2025, Tofler) |
No PAT/EBITDA absolute rupee figures or a second corroborating source were obtainable; classify overall financials as PARTIAL.
Charges / Loans
Confirmed- Confirmed — extensive active charge register (Source: Tofler charges page), 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
Confirmed- Confirmed (Source: Indian Kanoon) — an active intellectual-property dispute: "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
Partial / conflicting- Based on general industry knowledge of Indian PET-preform/rigid-plastic-packaging manufacturers (not independently re-verified this session): Manjushree Technopack (large-scale, one of India's biggest PET packaging players), Time Technoplast (large, diversified plastic products), Mold-Tek Packaging (mid-size, rigid packaging/pails), Positive Packaging Industries (mid-size, PET/flexible packaging), Polyplex Corporation (large, PET films/resin-focused), Nilkamal (large, diversified plastics incl. packaging)
- Chemco Group's stated scale (125,000+ MT polymer/year, 23 plants) places it in the mid-to-large tier of this peer set, broadly comparable to Positive Packaging and Mold-Tek, below Manjushree Technopack and Time Technoplast in overall scale
Frequently Asked Questions
What does Chemco Plastic Industries Private Limited do?
Mumbai-based, Saraogi-family-owned PET preform, bottle, jar and flexible-packaging manufacturer trading as "Chemco Group" / "G-PET," incorporated 1996.
What is the CIN of Chemco Plastic Industries Private Limited?
The Corporate Identification Number (CIN) of Chemco Plastic Industries Private Limited is U25209MH1996PTC096963.
Where is Chemco Plastic Industries Private Limited registered?
Chemco Plastic Industries Private Limited is registered with RoC Maharashtra / Mumbai (Tofler: "Maharashtra"; TheCompanyCheck: "Mumbai" — same registry, minor label difference). Registered address: 78 Virwani Industrial Estate, Off Western Express Highway, Goregaon (East), Mumbai, Maharashtra 400063, India (Source: Tofler, TheCompanyCheck — agree)
When was Chemco Plastic Industries Private Limited incorporated?
Chemco Plastic Industries Private Limited was incorporated on 06 February 1996 (Source: Tofler, TheCompanyCheck — agree).
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