Sintex-BAPL
Sintex-BAPL is an Indian plastic manufacturer producing water storage tanks and plastic pipes under the Sintex brand for residential, commercial, and agricultural markets, operating as a subsidiary of Welspun Group since its 2023 insolvency acquisition and currently expanding capacity through Weetek Plastics and four new pipe plants.
- Company typePrivate
- Founded2007
- HeadquartersPune, India
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Sintex-BAPL does
Sintex-BAPL is an Indian plastic products manufacturer headquartered in Pune, specializing in water storage tanks and plastic pipes sold under the Sintex brand. The company produces goods for residential, commercial, and agricultural end-markets across India through a dealer-distributor-retail channel network, with a horizontal segmentation approach spanning plumbing, irrigation, infrastructure piping, and water management use cases. Its core technology is conventional plastic manufacturing and processing for rotational-molded tanks and extruded piping, with no disclosed proprietary digital or AI components.
The company was acquired by the diversified Welspun Group in 2023 for ₹1,251 crore through the insolvency resolution process, with Welspun citing the Sintex brand's resilience and category leadership in water tanks as the strategic rationale. Post-acquisition, Welspun announced a ₹2,355 crore expansion plan to scale manufacturing capacity, and in October 2024 Sintex-BAPL acquired 100% of Weetek Plastics for Rs 85 crores, adding a Raipur facility with 19,000 metric tons of annual plastic manufacturing capacity. Four new plastic pipe manufacturing plants are planned across multiple Indian states.
The revenue model is hardware sales of manufactured plastic products. There is no disclosed pricing structure, named enterprise customer base, or digital go-to-market motion. The business operates with 501–1,000 employees and the primary company website currently returns a 404 error, suggesting incomplete digital presence during the post-insolvency transition. Leadership includes CEO Gagandeep Singh, CFO Gaurav Chokshi, and President Indru Advani, with founder Suri Suryanarayana retained in a founder capacity.
Sintex-BAPL firmographics
Firmographics- Name
- Sintex-BAPL
- Legal name
- Sintex-BAPL
- Website
- https://sintexbapl.co.in
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Sintex-BAPL is an Indian plastic manufacturer producing water storage tanks and plastic pipes under the Sintex brand for residential, commercial, and agricultural markets, operating as a subsidiary of Welspun Group since its 2023 insolvency acquisition and currently expanding capacity through Weetek Plastics and four new pipe plants.
- Ownership category
- akta.pro rank
Sintex-BAPL industry classification
Industry- Product category
- Plastic Building Products Manufacturing
- NAICS
- Plastics Product Manufacturing (3261), Plastics Pipe, Pipe Fitting, and Unlaminated Profile Shape Manufacturing (32612), Other Plastics Product Manufacturing (32619)
- SIC
- Miscellaneous Plastics Products (3080)
- akta.pro primary industry
- Rigid Plastic Containers (Bottles, Jars, Jugs) Manufacturing (IMANAEAA)
- akta.pro secondary industries
- Water & Sewer Pipe & Fittings (PVC/HDPE/PP) (IMANADAA), Irrigation & Agricultural Pipe & Fittings (IMANADAE)
Keywords
Where Sintex-BAPL is headquartered
LocationHeadquarters
- HQ city
- Pune
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Sintex-BAPL business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Water Tank Manufacturing: Manufacturing and sale of water storage tanks under the Sintex brand, which is described as a resilient brand with dominance in the water tank segment prior to insolvency.
- Plastic Pipe Manufacturing: Manufacturing and distribution of plastic pipes. The company announced plans to launch four new plastic pipe manufacturing plants in India as part of expansion strategy.
- Plastic Manufacturing (Weetek Plastics): Acquired 100% stake in Weetek Plastics for Rs 85 crores, adding 19,000 metric tons annual capacity for plastic manufacturing operations.
Sintex-BAPL product offering
Product offeringCore offering
Sintex-BAPL manufactures and markets plastic products, primarily water storage tanks under the established Sintex brand and plastic pipes for plumbing, irrigation, and infrastructure applications. Following its 2023 acquisition by Welspun Group for ₹1,251 crore through insolvency resolution, the company is expanding manufacturing capacity through the acquisition of Weetek Plastics and plans to launch four new plastic pipe manufacturing plants across India.
Product overview
Sintex-BAPL is a plastic manufacturing company specializing in water tanks and plastic pipes. Following its acquisition by Welspun Group in 2023 for ₹1,251 crore through the insolvency resolution process, the company operates as a subsidiary focused on expanding its manufacturing capacity. Sintex-BAPL produces water storage tanks and plastic piping systems, with recent expansion through the acquisition of Weetek Plastics to increase plastic manufacturing capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Sintex Water Storage Tanks
Quantifiable outcome
- 19,000 metric tons annual capacity added through Weetek Plastics acquisition
- +1 more outcomes
Companies that use Sintex-BAPL
Customer profileSegments2 records
Ideal customer profiles2 records
Sintex-BAPL technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sintex-BAPL partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Weetek PlasticscoreSintex-BAPL acquired 100% stake in Weetek Plastics for Rs 85 crores, making it a wholly owned subsidiary. The acquisition includes a facility in Raipur with 19,000 metric tons annual capacity, supporting the company's plastic manufacturing expansion strategy.
Scale indicators6 records
Recent moves5 records
Expansion highlights4 records
Sintex-BAPL competitors and assessment
Company assessmentDirect peers
- Supreme Industries: India's largest plastic products manufacturer with leading share in plastic pipes, water tanks, and packaging. Direct competitor to Sintex-BAPL across both water tank and piping segments with comparable product portfolio and Indian market focus.
- Astral Limited: Leading Indian manufacturer of plastic pipes (CPVC, PVC, SWR) for plumbing, drainage, and agriculture. Directly competes with Sintex-BAPL's pipe business and serves overlapping customer segments in Indian infrastructure and residential markets.
- Prince Pipes and Fittings: Major Indian plastic pipe and fittings manufacturer with nationwide distribution. Competes directly with Sintex-BAPL in plumbing, irrigation, and infrastructure piping across India with similar product categories.
- Finolex Industries: Established Indian PVC pipe manufacturer with strong agricultural and plumbing pipe portfolio. Competes with Sintex-BAPL in plastic pipes for water management and irrigation applications.
- Jain Irrigation Systems: Indian leader in irrigation piping and water management solutions, including PVC/HDPE pipes and water storage products. Directly comparable in water management segment where Sintex-BAPL also operates.
- Cello World: Indian household consumer plastic products company including water storage tanks. Competes with Sintex-BAPL in the consumer-facing water tank segment with similar B2C distribution channels.
- Vectus Industries: Indian manufacturer of plastic water storage tanks and household plastic products. Direct niche competitor to Sintex-BAPL's water tank business with overlapping distribution in residential markets.
- Ashirvad Pipes (Aliaxis): Subsidiary of global Aliaxis Group, Ashirvad manufactures plastic pipes and fittings in India. Competes directly with Sintex-BAPL in plumbing and infrastructure piping segments, benefiting from global parent technology.
Broad incumbents
- Welspun Corp: Parent company of Sintex-BAPL and India's largest pipe manufacturer (steel pipes for water/oil/gas). Comparable as a major Indian pipe manufacturer and as the strategic acquirer/parent of Sintex-BAPL.
Emerging players
- National Plastic Industries: Indian plastic products manufacturer producing water storage tanks and household items. Smaller-scale competitor to Sintex-BAPL in the water tank segment with similar product focus but limited geographic reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Sintex-BAPL social profiles
Digital presenceSintex-BAPL financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sintex-BAPL leadership team
Management profileNumber of profiles
Profiles4 records
Sintex-BAPL subsidiaries and ownership
Company hierarchySubsidiaries1 record
Sintex-BAPL funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sintex-BAPL M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sintex-BAPL
What does Sintex-BAPL do?
Sintex-BAPL manufactures and markets plastic products, primarily water storage tanks under the established Sintex brand and plastic pipes for plumbing, irrigation, and infrastructure applications. Following its 2023 acquisition by Welspun Group for ₹1,251 crore through insolvency resolution, the company is expanding manufacturing capacity through the acquisition of Weetek Plastics and plans to launch four new plastic pipe manufacturing plants across India.
Is Sintex-BAPL a public or private company?
Sintex-BAPL is a private company. It is classified as corporate owned and is currently operating.
When was Sintex-BAPL founded?
Sintex-BAPL was founded in 2007. It employs 501 to 1,000 people.
Where is Sintex-BAPL based?
Sintex-BAPL is headquartered in Pune, India, in the Asia region.
How does Sintex-BAPL make money?
Three revenue lines are on record. Water Tank Manufacturing is the primary driver. The others are plastic Pipe Manufacturing and plastic Manufacturing (Weetek Plastics).
Who are Sintex-BAPL's main competitors?
Direct peers on record are Supreme Industries, Astral Limited, Prince Pipes and Fittings, Finolex Industries, Jain Irrigation Systems, Cello World, Vectus Industries and Ashirvad Pipes (Aliaxis). Welspun Corp is listed as a broad incumbent. National Plastic Industries is listed as an emerging player.
Does Sintex-BAPL have an API?
No public API is recorded for Sintex-BAPL.
What industry is Sintex-BAPL in?
Sintex-BAPL's product category is Plastic Building Products Manufacturing. Its primary akta.pro industry code is IMANAEAA, Rigid Plastic Containers (Bottles, Jars, Jugs) Manufacturing, with a secondary code of IMANADAA, Water & Sewer Pipe & Fittings (PVC/HDPE/PP). Its NAICS code is 3261 and its SIC code is 3080.