The knowledge of the equation of state (EOS) of materials at high pressures in excess of 10 Mbar is important in several branches of physics including astrophysics and inertial confinement fusion. It is possible to access this high pressure regime in the laboratory using shock waves launched by the interaction of a high power laser with a solid target. To study laser driven shock waves in plastic (Polyvinyl alcohol) (C₂H₄O)n targets, a multiframe optical shadowgraphy technique has been developed, with spatial and temporal resolution of 12 μm and 500 ps respectively. The experiments were performed using the 1064 nm 20 J /500 ps Nd: Glass laser at BARC. The focused laser intensity on target was varied between 6 x 10¹³ W/cm² and 2.7 x 10¹⁴ W/cm². The experimental data have been compared with the results of previous experimental and theoretical studies. The results are also found to be in agreement with SESAME data. The maximum pressure attained in the experiments was 30 Mbar, achieved with a laser intensity of 2.7 x 10¹⁴ W/cm².