Finolex Plasson Industries Private Limited

Leading manufacturer and distributor of advanced irrigation systems for various crops and industries.

1992 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Finolex Plasson Industries Profile

Key Indicators

  • Authorised Capital ₹ 12.75 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 154.55 Cr
  • Satisfied Charges ₹ 218.36 Cr
  • Revenue Growth 39.60%
  • Profit Growth 1136.95%
  • Ebitda 791.42%
  • Net Worth 20.05%
  • Total Assets 8.42%

About Finolex Plasson Industries

Finolex Plasson Industries Private Limited (FPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 1992 and has a history of 32 years and six months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Plastro Plasson Industries (India) Limited. The Company is engaged in the Agriculture 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 12.75 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹154.55 Cr. The company has closed loans amounting to ₹218.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Finolex Plasson Industries Private Limited India is Rajni Pamnani as COMPANY SECRETARY. Kishandas Parashram, Tova Henkin, Mukesh Katara, and Five other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    finolexdrip.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U41000PN1992PTC067896

  • Company No.

    067896

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1992

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

What products or services does Finolex Plasson Industries Private Limited offer?

Finolex Plasson Industries Private Limited offers a wide range of products and services, including PVC, CPVC, HDPE Water Pipe Fittings, Drip Fittings, Farming Tools, Equipment & Machines, Agricultural Equipment, Air Valves, Air Release Valves, Drip Irrigation Pipes, Garden Drip Line, Filters & Filtration Systems, Sand Filters.

Who are the key members and board of directors at Finolex Plasson Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Vijay Chhabria Country flag representing In Managing Director13-Mar-2010Current
Rajni Pamnani Country flag representing In Company SecretaryCurrent

Board Members (7)

NameDesignationAppointment DateStatus
Vijay Jadhav Country flag representing In Whole-Time Director 05-May-2017Current
Kishandas Parashram Country flag representing In Director 13-Mar-2010Current
Tova Henkin Country flag representing Il Director 16-Sep-1998Current
Mukesh Katara Country flag representing In Director 27-Jul-1992Current
Atul Kulkarni Country flag representing In Director 24-Jan-2023Current
Prabhakar Karandikar Country flag representing In Director 16-Jul-2009Current

Financial Performance of Finolex Plasson Industries.

Finolex Plasson Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.6% increase. The company also saw a substantial improvement in profitability, with a 1136.95% increase in profit. The company's net worth Soared by an impressive increase of 20.05%.

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
39.60%
Revenue from Operations
39.11%
Total Assets
8.42%
Profit or Loss
1136.95%
Net Worth
20.05%
EBITDA
791.42%

What is the Ownership and Shareholding Structure of Finolex Plasson Industries?

In 2023, Finolex Plasson Industries had a public 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

₹154.55 Cr

Satisfied Charges

₹218.36 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 152.75 Cr
  • Others : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2019Others₹1.80 CrOpen
04 Sep 2015Hdfc Bank Limited₹152.75 CrOpen
29 Nov 2010Hdfc Bank Limited₹15.00 CrSatisfied
20 Oct 2008The Saraswat Co - Operative Bank Limited₹0.48 MSatisfied
07 Oct 2008The Saraswat Co - Operative Bank Limited₹0.90 MSatisfied

How Many Employees Work at Finolex Plasson Industries?

Finolex Plasson Industries has a workforce of 666 employees as of Mar 31, 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 Finolex Plasson 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 Finolex Plasson 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 Finolex Plasson Industries

Recent activity within the organization

  • Annual General Meeting

    Finolex Plasson Industries Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Finolex Plasson Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 152.75 Cr registered on 04 Sep 2015 with Charge ID 10593219 was modified on 06 Oct 2021.

    06 Oct 2021

  • Charges

    A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100315855 was registered on 26 Dec 2019.

    26 Dec 2019

  • Director Appointment

    Ofer Borovsky was appointed as a Nominee Director was appointed as a Nominee Director on 24 Aug 2018 & has been associated with this company since 6 years 6 months .

    24 Aug 2018

  • Director Appointment

    Vijay Bhimrao Jadhav was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 May 2017 & has been associated with this company since 7 years 9 months .

    05 May 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Finolex Plasson Industries Private Limited was incorporated on 27 Jul 1992.

  • The authorized share capital of Finolex Plasson Industries Private Limited is ₹ 12.75 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 9 directors are associated with Finolex Plasson Industries Private Limited.

    • Kishandas Chhabria Parashram
    • Tova Posner Henkin
    • Mukesh Dolumal Katara
    • Atul Shriniwas Kulkarni
    • Vijay Kishandas Chhabria
    • Prabhakar Dattatraya Karandikar
    • Vijay Bhimrao Jadhav
    • Ofer Borovsky
    • Rajni Ramchand Pamnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finolex Plasson Industries Private Limited is Plot No 399 Urse Tal-Maval Dist- India, Pune, Maharashtra, 410506.

  • The corporate identification number (CIN) of Finolex Plasson Industries Private Limited is U41000PN1992PTC067896 and the company number is 067896 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Finolex Plasson Industries Private Limited is https://www.finolexdrip.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Finolex Plasson Industries Private Limited has risen by 39.60%.

  • As Per 2023 financial reports, 666 employees are currently employed by Finolex Plasson Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Finolex Plasson Industries Private Limited has experienced an upsurge of 20.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Finolex Plasson Industries Private Limited amount to ₹ 154.55 Cr.

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

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