Finolex Plasson Industries Profile
Key Indicators
- Authorised Capital ₹ 12.75 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 32 Year, 8 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 eight 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Chhabria  | Managing Director | 13-Mar-2010 | Current |
| Rajni Pamnani | Company Secretary | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Jadhav | Whole-Time Director | 05-May-2017 | Current |
| Kishandas Parashram | Director | 13-Mar-2010 | Current |
Tova Henkin  | Director | 16-Sep-1998 | Current |
| Mukesh Katara | Director | 27-Jul-1992 | Current |
| Atul Kulkarni | Director | 24-Jan-2023 | Current |
| Prabhakar Karandikar | Director | 16-Jul-2009 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Dhumal Industries India Private LimitedTova Henkin is a mutual person
Katara Dental Pvt LtdMukesh Katara is a mutual person
Bvg India LimitedPrabhakar Karandikar is a mutual person
I2it Private LimitedAtul Kulkarni is a mutual person
Harkrishan Agri Farms Private LimitedKishandas Parashram is a mutual person
- Prathamesh Agri Farms Private Limited
Kishandas Parashram is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2019 | Others | ₹1.80 Cr | Open |
| 04 Sep 2015 | Hdfc Bank Limited | ₹152.75 Cr | Open |
| 29 Nov 2010 | Hdfc Bank Limited | ₹15.00 Cr | Satisfied |
| 20 Oct 2008 | The Saraswat Co - Operative Bank Limited | ₹0.48 M | Satisfied |
| 07 Oct 2008 | The Saraswat Co - Operative Bank Limited | ₹0.90 M | Satisfied |
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.
Deals i
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
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.
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.
- Balance Sheet
Finolex Plasson Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- 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.
- Charges
A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100315855 was registered on 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 7 months .
- 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 10 months .
Recent News, Updates & Announcement
Bank of Baroda, Finolex Plasson Industries sign MoU for easy finance to farmers.Leading bank in the public sector segment, Bank of Baroda on Thursday announced signing of an MoU with Finolex Plasson Industries in order to finance farmers for installation of Micro Irrigation system for their fields through..
Frequently asked questions
What is the Incorporation or founding date of Finolex Plasson Industries Private Limited?
Finolex Plasson Industries Private Limited was incorporated on 27 Jul 1992.
What is authorized share capital and paid-up capital of Finolex Plasson Industries Private Limited?
The authorized share capital of Finolex Plasson Industries Private Limited is ₹ 12.75 Cr and paid-up capital is ₹ 10.00 Cr.
Who are the current board members & directors of Finolex Plasson Industries Private Limited?
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
What is the registered address of Finolex Plasson Industries Private Limited?
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.
What is the corporate identification number (CIN) and company number of Finolex Plasson Industries Private Limited?
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).
What is the official website of Finolex Plasson Industries Private Limited?
The Official website of Finolex Plasson Industries Private Limited is https://www.finolexdrip.com
What has been the recent revenue trend for Finolex Plasson Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Finolex Plasson Industries Private Limited has risen by 39.60%.
How many employees does Finolex Plasson Industries Private Limited currently have?
As Per 2023 financial reports, 666 employees are currently employed by Finolex Plasson Industries Private Limited.
What change has been observed in the net worth of Finolex Plasson Industries Private Limited, and by what percentage?
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%.
What are the total open charges for Finolex Plasson Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Finolex Plasson Industries Private Limited amount to ₹ 154.55 Cr.
When was the last Balance Sheet of Finolex Plasson Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Finolex Plasson Industries Private Limited was filed with the ROC on 31 Mar 2023.
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