Commercial Syn Bags Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 39.95 Cr
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 224.04 Cr
- Satisfied Charges ₹ 99.26 Cr
- Revenue Growth -9.77%
- Profit Growth -55.52%
- Ebitda -32.86%
- Net Worth 14.07%
- Total Assets 2.57%
About Commercial Syn Bags
Commercial Syn Bags Limited (CSBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 December 1984 and has a history of 40 years and one month. Its registered office is in Indore, Madhya Pradesh, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539986.
The Corporate was formerly known as Commercial Syn-Bags 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 40.00 Cr and a paid-up capital of Rs 39.95 Cr.
The company currently has active open charges totaling ₹224.04 Cr. The company has closed loans amounting to ₹99.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Commercial Syn Bags Limited India are Ravindra Choudhary as Ceo, Abhishek Jain as Cfo, and Pooja Choukse as Company Secretary. Anil Choudhary, Milind Mahajan, Hitesh Mehta, and Three other members serve as directors at the Company.
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L25202MP1984PLC002669
- Company No.
002669
- Stock Symbol
BSE : 539986
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Dec 1984
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Gwalior
Industry
What products or services does Commercial Syn Bags Limited offer?
Commercial Syn Bags Limited offers a wide range of products and services, including Bulk Bags & Sacks, Agricultural Bags, Jumbo Bags, FIBC Bags, PVC, FRP, HDPE & Other Plastic Pipes, Agricultural Pipes, Packaging, Laminated & Zip Bags, BOPP Bags, Commercial Vehicle Spare Parts, Truck Accessories.
Who are the key members and board of directors at Commercial Syn Bags?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Choudhary  | Managing Director | 20-Feb-2008 | Current |
| Ravindra Choudhary | CEO | 12-May-2016 | Current |
| Abhishek Jain | CFO | 12-May-2016 | Current |
| Pooja Choukse | Company Secretary | 07-Mar-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Bansal | Director | 14-Feb-2021 | Current |
| Milind Mahajan | Director | 10-May-2017 | Current |
| Hitesh Mehta | Director | 20-Jun-2015 | Current |
| Ranjana Choudhary | Whole-Time Director | 05-Jun-2011 | Current |
| Virendra Pamecha | Whole-Time Director | 26-Mar-2016 | Current |
Financial Performance of Commercial Syn Bags.
Commercial Syn Bags Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.77% decrease. The company also saw a substantial fall in profitability, with a 55.52% decrease in profit. The company's net worth Soared by an impressive increase of 14.07%.
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What is the Ownership and Shareholding Structure of Commercial Syn Bags?
In 2023, Commercial Syn Bags had a promoter holding of 58.66% and a public holding of 41.35%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Madhya Pradesh Flying Club LimitedMilind Mahajan is a mutual person
Aero Club Of IndiaMilind Mahajan is a mutual person
Comsyn FoundationAnil Choudhary is a mutual person
- Comsyn India Private Limited
Virendra Pamecha is a mutual person
C K Associates Realty LlpAnil Choudhary is a mutual person
- Aba Realbuild Private Limited
Anil Choudhary is a mutual person
Charges (Loans)
₹224.04 Cr
₹99.26 Cr
Charges Breakdown by Lending Institutions
- Others : 173.80 Cr
- Hdfc Bank Limited : 25.97 Cr
- State Bank Of India : 24.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2022 | Hdfc Bank Limited | ₹3.50 M | Open |
| 27 May 2022 | Others | ₹2.00 M | Open |
| 05 Oct 2021 | Others | ₹2.70 M | Open |
| 29 Sep 2021 | Others | ₹0.54 M | Open |
| 25 Aug 2021 | State Bank Of India | ₹0.02 M | Open |
How Many Employees Work at Commercial Syn Bags?
Commercial Syn Bags has a workforce of 1653 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Commercial Syn Bags, 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 Commercial Syn Bags's trajectory.
Rating
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
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.
