Promoter holding
64.27%
AP
Apsara Plastics Pvt Ltd - Due diligence report
A 360° intelligence report on Apsara Plastics Pvt Ltd: trust score, financial health, credit view, compliance, directors, growth and distres…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹349
50% off
New user
Or enjoy up to 50% off with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Apsara Plastics Pvt Ltd — 360° Intelligence Report
Generated from MCA filings & public records87/100
Trust Score
Low Risk
Apsara Plastics Pvt Ltd is assessed as Low Risk with a Trust Score of 87/100. Apsara Plastics Pvt Ltd is an active private limited indian non-government company incorporated in 1987, operating in the Education sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 03 Jul 2026 from the latest processed filings. Apsara Plastics Pvt Ltd snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
87/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 2 open (15.00 cr) · 12 satisfied (29.22 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 4 | 48.0 cr |
| Jammu & Kashmir Bank Ltd | 1 | 48.0 cr |
| Jammu & Kashmir Bank Ltd. | 1 | 48.0 cr |
| Gujrat Indsutrial Investment Corporation Limited | 2 | 48.0 cr |
| Union Bank Of India | 1 | 48.0 cr |
| Bharat Overseas Bank Ltd. | 2 | 48.0 cr |
Compliance Score: 93/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 1 court forum(s).
- 1 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 45/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| HARENDRA BHAIDAS SANGHVI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| UMESH CHIMANBHAI PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Vinod Kumar Chandan | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BHOWMIK HARENDRA SANGHVI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NIDHI VAIBHAV NAGDA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AMEE KIRTI SANGHVI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DHRUMAN KISHORE SANGHVI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 7 directors on the board.
- AMEE KIRTI SANGHVI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 3 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
9 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 80 · Distress 90
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
EPFO headcount growing - hiring signal.
Operating for 38+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
2 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence90/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment94/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 15.00 cr already registered.
- Compliance record supports lending.
Investor view87/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
01 Apr 2025
Director ceased
BHOWMIK HARENDRA SANGHVI
31 Mar 2025
Latest balance sheet
Filed with ROC
17 Jan 2025
Charge created
Others - 5.00 cr
Charge created
Others - 10.00 cr
29 Sep 2024
Director ceased
Vinod Kumar Chandan
21 Mar 2024
Director appointed
Vinod Kumar Chandan (Director)
29 Sep 2023
Director ceased
HARENDRA BHAIDAS SANGHVI
01 Apr 2023
Director appointed
HARENDRA BHAIDAS SANGHVI (Director)
05 Dec 2022
Director appointed
NIDHI VAIBHAV NAGDA (Company Secretary)
30 Sep 2022
Director ceased
AMEE KIRTI SANGHVI
08 Sep 2022
Director appointed
AMEE KIRTI SANGHVI (Director)
18 Jul 2022
Charge satisfied
Others
13 Jul 2021
Charge satisfied
Others
07 Jul 2020
Charge created
Others - 2.00 cr
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
7 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 9 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Covertek Ceramica Private Limited | U26999GJ2020PTC117215 | Morbi, Gujarat, India |
| Vital Paper Products Private Limited | U21000AP2012FTC103644 | Chittor, Andhra Pradesh, India |
| Revival Papers Mill Private Limited | U21020MH2010PTC198314 | Mumbai, Maharashtra, India |
| Panamax Limited | U74950DL2020PLC374865 | Delhi, Delhi, India |
| Skoodleplay | U26960GJ2007PTC049790 | Vadodara, Gujarat, India |
| Amardeep Chair | U36995MH2013PTC241983 | Mumbai, Maharashtra, India |
| Miracle Print Pack Private Limited | U74950RJ2013PTC042167 | Jaipur, Rajasthan, India |
| Latiyal Handicrafts Private Limited | U74994RJ2005PTC020853 | Jodhpur, Rajasthan, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Apsara Plastics Pvt Ltd before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Apsara Plastics Pvt Ltd: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 80/100, margin trends, ownership structure and peer set for Apsara Plastics Pvt Ltd - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 87/100, distress signals and MSME payment-delay disclosures - know whether Apsara Plastics Pvt Ltd pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Apsara Plastics Pvt Ltd - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Apsara Plastics Pvt Ltd an active company?
Apsara Plastics Pvt Ltd has MCA status “Active” with a compliance score of 93/100 (Low Risk).
Is Apsara Plastics Pvt Ltd financially healthy?
Apsara Plastics Pvt Ltd has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Apsara Plastics Pvt Ltd?
Its overall Trust Score is 87/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Apsara Plastics Pvt Ltd?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 7 active director(s) are on record.
Does Apsara Plastics Pvt Ltd have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 12 earlier charge(s) stand satisfied.
Is Apsara Plastics Pvt Ltd up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).
Is it risky to lend to Apsara Plastics Pvt Ltd?
Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
