Kunal Plastics Private Limited

Produces flexible packaging materials such as films, labels, and bags for various industries.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Kunal Plastics Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 41 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.95 Cr
  • Satisfied Charges ₹ 8.90 Cr
  • Revenue Growth 18.22%
  • Profit Growth 115.84%
  • Ebitda 63.23%
  • Net Worth 22.37%
  • Total Assets -3.98%

About Kunal Plastics

Kunal Plastics Private Limited (KPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 December 1983 and has a history of 41 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Packaging 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹13.95 Cr. The company has closed loans amounting to ₹8.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nirav Desai, Alka Desai, Charulata Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1983PTC031665

  • Company No.

    031665

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 1983

  • Date of AGM

    10 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Kunal Plastics Private Limited offer?

Kunal Plastics Private Limited offers a wide range of products and services, including Packaging Rolls, Laundry Bag, Packaging Envelopes, Tamper Proof Courier Bags, Packaging Films & Foils, Retail Packaging Film, Cosmetics, Personal Care Products, Greenhouse Accessories, Mulching Film.

Who are the key members and board of directors at Kunal Plastics?

Board Members (4)

Name Designation Appointment Date Status
Nirav Desai Country flag representing In Whole-Time Director 01-Apr-2016 Current
Alka Desai Country flag representing Us Director 26-Dec-2006 Current
Charulata Patel Country flag representing In Director 26-Dec-1983 Current
Amita Desai Country flag representing In Whole-Time Director 26-Dec-1983 Current

Financial Performance of Kunal Plastics.

Kunal Plastics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.22% increase. The company also saw a substantial improvement in profitability, with a 115.84% increase in profit. The company's net worth Soared by an impressive increase of 22.37%.

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
18.22%
Revenue from Operations
18.10%
Total Assets
-3.98%
Profit or Loss
115.84%
Net Worth
22.37%
EBITDA
63.23%

What is the Ownership and Shareholding Structure of Kunal Plastics?

In 2023, Kunal Plastics had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹139.50 M

Satisfied Charges

₹89.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 13.95 Cr

Latest Charge Details

Date Lender Amount Status
23 Aug 2004 State Bank Of India ₹13.95 Cr Open
11 Jun 2009 State Bank Of India ₹2.00 Cr Satisfied
23 Sep 2006 State Bank Of India ₹6.90 Cr Satisfied

How Many Employees Work at Kunal Plastics?

Kunal Plastics has a workforce of 84 employees as of Mar 29, 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 Kunal Plastics, 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 Kunal Plastics'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 Kunal Plastics

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 139.50 M registered on 23 Aug 2004 with Charge ID 80044679 was modified on 23 Sep 2024.

    23 Sep 2024

  • Annual General Meeting

    Kunal Plastics Private Limited last Annual general meeting of members was held on 10 Aug 2024 as per latest MCA records.

    10 Aug 2024

  • Balance Sheet

    Kunal Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 11 Jun 2009 via Charge ID 10168144 with State Bank Of India was fully satisfied on 03 Jul 2023.

    03 Jul 2023

  • Charges

    A charge registered on 23 Sep 2006 via Charge ID 10092892 with State Bank Of India was fully satisfied on 03 Jul 2023.

    03 Jul 2023

  • Director Appointment

    Nirav Harshadrai Desai was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Apr 2016 & has been associated with this company since 8 years 10 months .

    01 Apr 2016

Frequently asked questions

  • Kunal Plastics Private Limited was incorporated on 26 Dec 1983.

  • The authorized share capital of Kunal Plastics Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Kunal Plastics Private Limited.

    • Nirav Harshadrai Desai
    • Alka Bankim Desai
    • Charulata Nitin Patel
    • Amita Jaymin Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kunal Plastics Private Limited is Office No.302 3Rd Floor Navakar Plaza Cts No.949 Bajaj Road, Vile Parle(West) India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of Kunal Plastics Private Limited is U25209MH1983PTC031665 and the company number is 031665 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kunal Plastics Private Limited is https://www.propackind.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Kunal Plastics Private Limited has risen by 18.22%.

  • As Per 2023 financial reports, 84 employees are currently employed by Kunal Plastics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Kunal Plastics Private Limited has experienced an upsurge of 22.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Kunal Plastics Private Limited amount to ₹ 13.95 Cr.

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