Handa Plywood Private Limited

Manufacturer of plywood products, boards, and boxes under the brand 'Asian', since 1989.

1989 | Punjab, Punjab (India) | Active
Last Updated: June 15, 2024

Handa Plywood Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.67 M
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.13 Cr
  • Satisfied Charges ₹ 33.09 Cr
  • Revenue Growth 41.51%
  • Profit Growth 60.90%
  • Ebitda 9.08%
  • Net Worth 24.47%
  • Total Assets 8.37%

About Handa Plywood

Handa Plywood Private Limited (HPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 April 1989 and has a history of 35 years and nine months. Its registered office is in Punjab, Punjab, India.

The Corporate was formerly known as Handa Plywood Industries Private Limited. The Company is engaged in the Manufacturing 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 2.50 M and a paid-up capital of Rs 1.67 M.

The company currently has active open charges totaling ₹26.13 Cr. The company has closed loans amounting to ₹33.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harmeet Singh, Prabhjot Monga, and Gurkirat Singh serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20211PB1989PTC009282

  • Company No.

    009282

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Handa Plywood Private Limited offer?

Handa Plywood Private Limited offers a wide range of products and services, including Wood, Plywood, Veneer & Laminates, Laminate Sheets.

Who are the key members and board of directors at Handa Plywood?

Board Members (3)

Name Designation Appointment Date Status
Prabhjot Monga Country flag representing In Director 22-Feb-2019 Current
Gurkirat Singh Country flag representing In Director 14-Sep-2018 Current
Harmeet Singh Country flag representing In Director 27-Apr-1989 Current

Financial Performance of Handa Plywood.

Handa Plywood Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.51% increase. The company also saw a substantial improvement in profitability, with a 60.9% increase in profit. The company's net worth Soared by an impressive increase of 24.47%.

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
41.51%
Revenue from Operations
41.60%
Total Assets
8.37%
Profit or Loss
60.90%
Net Worth
24.47%
EBITDA
9.08%

What is the Ownership and Shareholding Structure of Handa Plywood?

In 2023, Handa Plywood 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

₹261.28 M

Satisfied Charges

₹330.94 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 25.45 Cr
  • Others : 0.68 Cr

Latest Charge Details

Date Lender Amount Status
31 Aug 2023 Hdfc Bank Limited ₹2.79 M Open
27 Jun 2022 Hdfc Bank Limited ₹1.11 M Open
10 Aug 2021 Hdfc Bank Limited ₹25.06 Cr Open
30 Aug 2019 Others ₹6.80 M Open
09 Dec 2020 Hdfc Bank Limited ₹15.93 Cr Satisfied

How Many Employees Work at Handa Plywood?

Unlock and access historical data on people associated with Handa Plywood, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Handa Plywood, 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 Handa Plywood'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 Handa Plywood

Recent activity within the organization

  • Annual General Meeting

    Handa Plywood Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.79 M with Charge ID 100785794 was registered on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 250.59 M registered on 10 Aug 2021 with Charge ID 100476972 was modified on 05 May 2023.

    05 May 2023

  • Balance Sheet

    Handa Plywood Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 09 Dec 2020 via Charge ID 100413702 with Hdfc Bank Limited was fully satisfied on 19 Dec 2022.

    19 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.11 M with Charge ID 100873515 was registered on 27 Jun 2022.

    27 Jun 2022

Frequently asked questions

  • Handa Plywood Private Limited was incorporated on 27 Apr 1989.

  • The authorized share capital of Handa Plywood Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.67 M.

  • Currently 3 directors are associated with Handa Plywood Private Limited.

    • Harmeet Singh
    • Prabhjot Singh Monga
    • Gurkirat Monga Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Handa Plywood Private Limited is Vpo-- Hambron Distt Ludhiana, Punjab, India.

  • The corporate identification number (CIN) of Handa Plywood Private Limited is U20211PB1989PTC009282 and the company number is 009282 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Handa Plywood Private Limited is https://www.mwud.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Handa Plywood Private Limited has risen by 41.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Handa Plywood Private Limited has experienced an upsurge of 24.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Handa Plywood Private Limited amount to ₹ 26.13 Cr.

  • The most recent Balance Sheet for Handa Plywood Private Limited was filed with the ROC on 31 Mar 2023.

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