Chemco Plastic Industries Private Limited

Manufacturer of plastic products for various industries, serving global clientele.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: August 03, 2024

Chemco Plastic Industries Profile

Key Indicators

  • Authorised Capital ₹ 8.45 Cr
  • Paid Up Capital ₹ 4.23 Cr
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 442.18 Cr
  • Satisfied Charges ₹ 81.36 Cr
  • Revenue Growth 27.46%
  • Profit Growth 30.04%
  • Ebitda 29.57%
  • Net Worth 32.62%
  • Total Assets 32.70%

About Chemco Plastic Industries

Chemco Plastic Industries Private Limited (CPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 1996 and has a history of 28 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Net-Guard Polynet Private Limited. The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.45 Cr and a paid-up capital of Rs 4.23 Cr.

The company currently has active open charges totaling ₹442.18 Cr. The company has closed loans amounting to ₹81.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chemco Plastic Industries Private Limited India is Aditya Desai as CFO. Ramawatar Saraogi, Bimla Saraogi, Vaibhav Saraogi, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1996PTC096963

  • Company No.

    096963

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Feb 1996

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Chemco Plastic Industries Private Limited offer?

Chemco Plastic Industries Private Limited offers a wide range of products and services, including Plastic Containers & Bottles, Pharmaceutical Containers, Bathroom Accessories, Soap & Sanitizer Dispenser, Geotextile, Geogrids & Pond Liners, Water Liners, Plastic Bottles, Food Storage Boxes & Containers, Water Bottle, Food Packaging Materials & Supplies.

Who are the key members and board of directors at Chemco Plastic Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Aditya Desai Country flag representing In CFO29-Sep-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Vaibhav Saraogi Country flag representing In Director 01-Dec-2008Current
Anushree Saraogi Country flag representing In Director 12-Apr-2016Current
Ramawatar Saraogi Country flag representing In Director 06-Feb-1996Current
Bimla Saraogi Country flag representing In Director 06-Feb-1996Current

Financial Performance of Chemco Plastic Industries.

Chemco Plastic Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.46% increase. The company also saw a substantial improvement in profitability, with a 30.04% increase in profit. The company's net worth Soared by an impressive increase of 32.62%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
27.46%
Revenue from Operations
27.61%
Total Assets
32.70%
Profit or Loss
30.04%
Net Worth
32.62%
EBITDA
29.57%

What is the Ownership and Shareholding Structure of Chemco Plastic Industries?

In 2023, Chemco Plastic Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹442.18 Cr

Satisfied Charges

₹81.36 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 179.69 Cr
  • Others : 159.59 Cr
  • Axis Bank Limited : 102.90 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2024Others₹2.65 CrOpen
14 Dec 2023Axis Bank Limited₹9.64 CrOpen
28 Jul 2023Axis Bank Limited₹15.76 CrOpen
13 Jul 2023Others₹16.85 CrOpen
27 Feb 2023Others₹10.00 CrOpen

How Many Employees Work at Chemco Plastic Industries?

Chemco Plastic Industries has a workforce of 685 employees as of Aug 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chemco Plastic Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Chemco Plastic Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Chemco Plastic Industries

Recent activity within the organization

  • Charges

    A charge registered on 30 Oct 2021 via Charge ID 100502846 with State Bank Of India was fully satisfied on 27 Jun 2024.

    27 Jun 2024

  • Charges

    A charge with State Bank Of India of Rs. 89.00 Cr registered on 24 Apr 1998 with Charge ID 90158876 was modified on 31 May 2024.

    31 May 2024

  • Charges

    A charge with Others of Rs. 2.65 Cr registered on 20 Jan 2024 with Charge ID 100854705 was modified on 14 Mar 2024.

    14 Mar 2024

  • Charges

    A charge with Others of Rs. 16.85 Cr registered on 13 Jul 2023 with Charge ID 100751235 was modified on 14 Mar 2024.

    14 Mar 2024

  • Charges

    A charge with Others of Rs. 29.00 Cr registered on 18 Apr 2019 with Charge ID 100263680 was modified on 14 Mar 2024.

    14 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.65 Cr with Charge ID 100854705 was registered on 20 Jan 2024.

    20 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Chemco Plastic Industries Private Limited was incorporated on 06 Feb 1996.

  • The authorized share capital of Chemco Plastic Industries Private Limited is ₹ 8.45 Cr and paid-up capital is ₹ 4.23 Cr.

  • Currently 5 directors are associated with Chemco Plastic Industries Private Limited.

    • Ramawatar Ishwarprasad Saraogi
    • Bimla Ramawatar Saraogi
    • Vaibhav Ramawatar Saraogi
    • Anushree Vaibhav Saraogi
    • Aditya Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chemco Plastic Industries Private Limited is 78 Virwani Indl.Estateoff Western Express Highway, Goregaon (E), Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Chemco Plastic Industries Private Limited is U25209MH1996PTC096963 and the company number is 096963 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chemco Plastic Industries Private Limited is https://www.chemcogroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Chemco Plastic Industries Private Limited has risen by 27.46%.

  • As Per 2023 financial reports, 685 employees are currently employed by Chemco Plastic Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Chemco Plastic Industries Private Limited has experienced an upsurge of 32.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Chemco Plastic Industries Private Limited amount to ₹ 442.18 Cr.

  • The most recent Balance Sheet for Chemco Plastic Industries Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Bottle & Cap Manufacturing