Sintex-BAPL

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.

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

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

• Plastic water tanks
• Plastic pipes
• Water storage solutions
• Plumbing products
• Building materials

Headquarters

HQ city

Pune

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. 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.
2. 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.
3. 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.

Core 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

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Weetek PlasticscoreOthersSintex-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

Direct 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

• Xx.com/sintex_bapl_ltd
• Facebookfacebook.com/SintexBAPLLimited
• LinkedInlinkedin.com/company/sintex-bapl

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sintex-BAPL