What does Plastene India Limited do?

Plastene India Limited is an Ahmedabad-based plastic packaging manufacturer incorporated in 1998. It is part of the Champalal Group and operates multiple manufacturing facilities in Gujarat, producing plastic packaging products for industrial and consumer markets.

What is the Champalal Group?

The Champalal Group is an Ahmedabad-based industrial conglomerate with interests in plastic packaging and related manufacturing. Plastene India Limited is one of its key operating companies, and more information is available at https://www.champalalgroup.com.

Is Plastene India Limited listed on any stock exchange?

No. Plastene India Limited is classified as an unlisted company under CIN U25209GJ1998PLC034861 and is not traded on BSE or NSE. Shares are available only through the unlisted or over-the-counter market.

What types of plastic packaging does Plastene India produce?

Plastene India manufactures plastic packaging products for industrial and consumer applications, including flexible packaging films, woven sacks, and related packaging materials used across FMCG, agriculture, and industrial sectors.

What is the lot size for Plastene India Limited unlisted shares?

The lot size is 1 share at approximately ₹95 per share in the unlisted market.

How does India's plastic packaging regulation affect Plastene India?

India's Extended Producer Responsibility (EPR) regulations and bans on specific single-use plastics require packaging companies to adapt their product mix toward recyclable and compostable alternatives. Plastene India would need to comply with these evolving regulations.

How do I buy Plastene India unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Plastene India?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Plastene India shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Plastene India Unlisted Share Price | Buy Plastene India Pre-IPO Shares — wisefolio

Investment Thesis

Plastene India Limited is a well-established plastic packaging manufacturer in Gujarat, operating under the umbrella of the Champalal Group since 1998. The ₹95 share price indicates a commercially viable business with real net asset value. India's packaging market offers strong long-term demand, though plastic regulations and input cost volatility require careful monitoring. Investors should review the Champalal Group's website at https://www.champalalgroup.com and MCA filings for a comprehensive assessment.

Pros

Part of the established Champalal Group, providing institutional backing, brand equity, and shared operational infrastructure
Multiple manufacturing facilities in Gujarat, India's industrial heartland, providing operational scale and logistics efficiency
Plastic packaging is an essential industrial input with demand across FMCG, agriculture, pharmaceuticals, and e-commerce sectors
Gujarat's manufacturing ecosystem offers access to raw materials (petrochemicals), skilled labour, and export ports
Share price of ₹95 reflects meaningful valuation, suggesting a commercially active and reasonably healthy enterprise

Cons

Plastic packaging industry faces increasing regulatory pressure from India's single-use plastic bans and Extended Producer Responsibility norms
Raw material costs (polymer resins derived from crude oil) are volatile and tied to global petrochemical prices
No confirmed ISIN assigned, limiting investment accessibility and exchange-based trading
Promoter details not publicly confirmed through available sources
Faces competition from large organised packaging companies such as Cosmo Films, Uflex, and Polyplex Corporation

Business Segments

Flexible Plastic Packaging

Manufacture of flexible packaging films, pouches, and laminates for FMCG, food, and industrial applications

Woven Sacks and Industrial Packaging

Production of woven polypropylene sacks and industrial packaging solutions for agriculture, chemicals, and cement sectors

Speciality Plastic Products

Other plastic packaging and material solutions for specialised industrial and consumer applications from Gujarat manufacturing facilities

Revenue Model

Plastene India Limited generates revenue through the manufacture and sale of plastic packaging products to industrial buyers, FMCG companies, agricultural sector clients, and exporters. Revenue is driven by production volumes, product mix, polymer raw material costs, and customer demand cycles. Group company relationships within the Champalal Group may also contribute to intercompany revenue.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds11

Growth Plans

India's FMCG sector growth driving sustained demand for flexible plastic packaging

E-commerce boom in India increasing packaging consumption across logistics and retail

Group synergies within the Champalal Group enabling operational efficiencies and shared capital investment

Shift to recyclable packaging creating premium product opportunities for compliant manufacturers

Industry Tailwinds

Recent Developments

India EPR plastic packaging compliance

India's Extended Producer Responsibility framework for plastic packaging became more stringent, requiring manufacturers like Plastene India to increase recycled content and manage end-of-life plastic waste, driving product innovation.

2024-03

Gujarat petrochemical complex expansion

ONGC Petro additions and Reliance Industries' expanded Gujarat refinery and petrochemical complexes improved availability and pricing of polymer raw materials for Gujarat-based plastic manufacturers.

2023-09

India plastic packaging market growth

India's flexible packaging market continued to grow at approximately 8-10% annually, driven by FMCG growth, e-commerce packaging demand, and food processing sector expansion.

2023-06

Comparable Companies

CompanyTypeTickerMkt Cap

Uflex LimitedListedUFLEX~5,000 Cr

Cosmo FilmsListedCOSMOFILMS~2,500 Cr

Polyplex CorporationListedPOLYPLEX~3,000 Cr

Uflex LimitedListed

UFLEX · ~5,000 Cr

Frequently Asked Questions

About Plastene India

Plastene India Limited is one of India's largest plastic packaging companies, headquartered in Ahmedabad, Gujarat. Incorporated on 16 December 1998 as Oswal Agloimpex Private Limited, the company was subsequently converted into a public limited company in 2006 and renamed Plastene India Limited. The company holds the CIN U25209GJ1998PLC034861 and is part of the Champalal Group. Plastene India is positioned as India's biggest plastic packaging house, offering comprehensive packaging solutions across a weight range of 25 grams to 2,500 kilograms. This extensive range makes the company relevant to virtually every major industry that uses packaging — from food grains and edible oil to cement, fertilizers, chemicals, pharmaceuticals, salt, and sugar. The company's product portfolio includes woven sacks, flexible intermediate bulk containers (FIBCs or jumbo bags), PP woven bags, HDPE woven fabric, multilayer films, and other industrial packaging solutions. These products are critical inputs for agricultural, industrial, and consumer goods companies across India. For the financial year ending 31 March 2024, Plastene India Limited reported revenue of Rs 532 crore, demonstrating significant scale as an unlisted player. The company employs approximately 634 employees as of mid-2023, reflecting a medium-scale industrial operation. Plastene India's production facilities are located in Usmanpura, Ahmedabad, and Gandhidham (Kutch), Gujarat — both strategically important industrial hubs. Gandhidham is particularly significant given its proximity to Kandla Port, facilitating export-oriented business. The Champalal Group, under which Plastene India operates, has established milestones in the packaging sector and expanded manufacturing capacity progressively. The group also has a presence through the listed entity HCP Plastene Bulkpack Limited (HPBL) which focuses on the FIBC and jumbo bag segment.

Key Milestones

Incorporated in 1998 in Ahmedabad, Gujarat under CIN U25209GJ1998PLC034861 as part of the Champalal Group

Common questions about unlisted shares

How do I buy Plastene India unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

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