Hero Agro-Plast Private Limited

Manufactures plastic products for various purposes such as irrigation, agriculture, water supply, and drainage.

1999 | Rajkot, Gujarat (India) | Active
Last Updated: October 24, 2024

Hero Agro-Plast Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.30 M
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.97 Cr
  • Satisfied Charges ₹ 20.33 Cr
  • Revenue Growth -15.02%
  • Profit Growth 65.88%
  • Ebitda -6.43%
  • Net Worth 1.86%
  • Total Assets -2.40%

About Hero Agro-Plast

Hero Agro-Plast Private Limited (HAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 1999 and has a history of 25 years and ten months. Its registered office is in Rajkot, Gujarat, India.

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 6.50 M and a paid-up capital of Rs 6.30 M.

The company currently has active open charges totaling ₹8.97 Cr. The company has closed loans amounting to ₹20.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nilesh Patel and Chandubhai Parshania serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    heroagro.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ1999PTC035734

  • Company No.

    035734

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Hero Agro-Plast Private Limited offer?

Hero Agro-Plast Private Limited offers a wide range of products and services, including PVC, CPVC, HDPE Water Pipe Fittings, Plastic Coupling, Plastic Tee, Metal Pipe & Plumbing Fittings, Pipe Adapters.

Who are the key members and board of directors at Hero Agro-Plast?

Board Members (2)

Name Designation Appointment Date Status
Nilesh Patel Country flag representing In Director 07-Apr-1999 Current
Chandubhai Parshania Country flag representing In Director 07-Apr-1999 Current

Financial Performance of Hero Agro-Plast.

Hero Agro-Plast Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.02% decrease. The company also saw a substantial improvement in profitability, with a 65.88% increase in profit. The company's net worth moved up by a moderate rise of 1.86%.

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
-15.02%
Revenue from Operations
-15.45%
Total Assets
-2.40%
Profit or Loss
65.88%
Net Worth
1.86%
EBITDA
-6.43%

What is the Ownership and Shareholding Structure of Hero Agro-Plast?

In 2023, Hero Agro-Plast 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

₹89.73 M

Satisfied Charges

₹203.28 M

Charges Breakdown by Lending Institutions

  • Others : 8.97 Cr

Latest Charge Details

Date Lender Amount Status
29 Dec 2023 Others ₹6.50 Cr Open
30 Mar 2023 Others ₹6.37 M Open
11 Jun 2020 Others ₹4.50 M Open
06 Nov 2019 Others ₹7.86 M Open
30 Sep 2019 Others ₹6.00 M Open

How Many Employees Work at Hero Agro-Plast?

Unlock and access historical data on people associated with Hero Agro-Plast, 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 Hero Agro-Plast, 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 Hero Agro-Plast'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 Hero Agro-Plast

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 65.00 M registered on 29 Dec 2023 with Charge ID 100838266 was modified on 15 Mar 2024.

    15 Mar 2024

  • Charges

    A charge registered on 29 Oct 2016 via Charge ID 100071720 with Hdfc Bank Limited was fully satisfied on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 65.00 M with Charge ID 100838266 was registered on 29 Dec 2023.

    29 Dec 2023

  • Annual General Meeting

    Hero Agro-Plast Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Hero Agro-Plast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 6.37 M with Charge ID 100706982 was registered on 30 Mar 2023.

    30 Mar 2023

Frequently asked questions

  • Hero Agro-Plast Private Limited was incorporated on 07 Apr 1999.

  • The authorized share capital of Hero Agro-Plast Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.30 M.

  • Currently 2 directors are associated with Hero Agro-Plast Private Limited.

    • Nilesh Chandulal Patel
    • Chandubhai Bhanjibhai Parshania
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hero Agro-Plast Private Limited is Amit Milan Society Opp3 Amarnath Plot Behind Mahila College India, Kalawad Road Rajkot, Gujarat, 360001.

  • The corporate identification number (CIN) of Hero Agro-Plast Private Limited is U25200GJ1999PTC035734 and the company number is 035734 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hero Agro-Plast Private Limited is https://www.heroagro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hero Agro-Plast Private Limited has fallen by -15.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hero Agro-Plast Private Limited has experienced an upsurge of 1.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hero Agro-Plast Private Limited amount to ₹ 8.97 Cr.

  • The most recent Balance Sheet for Hero Agro-Plast Private Limited was filed with the ROC on 31 Mar 2023.

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