Ecolastic Products Private Limited

Sustainable manufacturing of biodegradable bags from raw materials in Bangalore.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: December 16, 2024

Ecolastic Products Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 10.35 Cr
  • Company Age 5 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 1162.41%
  • Profit Growth -154.87%
  • Ebitda -163.28%
  • Net Worth -69.51%
  • Total Assets 316.37%

About Ecolastic Products

Ecolastic Products Private Limited (EPPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 21 January 2020 (Five years and one month 0 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 10.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ecolastic Products Private Limited India is Kavya Sharma as COMPANY SECRETARY. Chinta Sasidhar, Gunjan Doshi, Lakshmi Chinta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ecolastic.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209KA2020PTC131775

  • Company No.

    131775

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Environment

What products or services does Ecolastic Products Private Limited offer?

Ecolastic Products Private Limited offers a wide range of products and services, including Packaging, Laminated & Zip Bags, Biodegradable and Compostable Bags, PET Granules & Plastic Raw Material, TPR Granules, Non Woven Bag, Packing Bag, Plastic Granules, Plastic Polymers, Biodegradable Additives.

Who are the key members and board of directors at Ecolastic Products?

Executive Team (1)

NameDesignationAppointment DateStatus
Kavya Sharma Company Secretary06-Jul-2024Current

Board Members (7)

NameDesignationAppointment DateStatus
Chinta Sasidhar Country flag representing In Director 07-Mar-2022Current
Gunjan Doshi Country flag representing In Director 12-Jun-2020Current
Lakshmi Chinta Country flag representing In Director 07-Mar-2022Current
Jithendra Nimmagadda Country flag representing In Director 07-Mar-2022Current
Rajinikanth Siddamsetty Country flag representing In Director 12-Jun-2020Current
Srinivasa Moturu Country flag representing In Director 22-May-2023Current

Financial Performance of Ecolastic Products.

Ecolastic Products Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1162.41% increase. The company also saw a substantial fall in profitability, with a 154.87% decrease in profit. The company's net worth observed a substantial decline by a decrease of 69.51%.

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
1162.41%
Revenue from Operations
1158.25%
Total Assets
316.37%
Profit or Loss
-154.87%
Net Worth
-69.51%
EBITDA
-163.28%

What is the Ownership and Shareholding Structure of Ecolastic Products?

In 2023, Ecolastic Products had a promoter holding of 51.98% and a public holding of 48.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ecolastic Products?

Ecolastic Products has a workforce of 39 employees as of Apr 06, 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 Ecolastic Products, 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 Ecolastic Products'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 Ecolastic Products

Recent activity within the organization

  • Annual General Meeting

    Ecolastic Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Kavya Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 06 Jul 2024 & has been associated with this company since 7 months 17 days .

    06 Jul 2024

  • Balance Sheet

    Ecolastic Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Chinta Sasidhar was appointed as a Director was appointed as a Director on 07 Mar 2022 & has been associated with this company since 2 years 11 months .

    07 Mar 2022

  • Director Appointment

    Lakshmi Priyadarshini Chinta was appointed as a Director was appointed as a Director on 07 Mar 2022 & has been associated with this company since 2 years 11 months .

    07 Mar 2022

  • Director Appointment

    Jithendra Nimmagadda was appointed as a Director was appointed as a Director on 07 Mar 2022 & has been associated with this company since 2 years 11 months .

    07 Mar 2022

Frequently asked questions

  • Ecolastic Products Private Limited was incorporated on 21 Jan 2020.

  • The authorized share capital of Ecolastic Products Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 10.35 Cr.

  • Currently 8 directors are associated with Ecolastic Products Private Limited.

    • Chinta Sasidhar
    • Gunjan Doshi
    • Lakshmi Priyadarshini Chinta
    • Jithendra Nimmagadda
    • Rajinikanth Siddamsetty
    • Srinivasa Rao Moturu
    • Hemendra Naidu Manupati
    • Kavya Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ecolastic Products Private Limited is Flat No. 3203 Embassy Lakeview Apartments 3Rd Tower, Opposite Esteem Mall India, Bangalore North, Karnataka, 560024.

  • The corporate identification number (CIN) of Ecolastic Products Private Limited is U25209KA2020PTC131775 and the company number is 131775 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ecolastic Products Private Limited is https://www.ecolastic.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Ecolastic Products Private Limited has risen by 1162.41%.

  • As Per 2022 financial reports, 39 employees are currently employed by Ecolastic Products Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Ecolastic Products Private Limited has experienced an downturn of -69.51%.

  • The most recent Balance Sheet for Ecolastic Products Private Limited was filed with the ROC on 31 Mar 2024.

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