Micro Plastics Private Limited

Designs, manufactures, and assembles plastic components for various industries, including automotive and toys.

1994 | Ramanagar, Karnataka (India) | Active
Last Updated: January 13, 2025

Micro Plastics Profile

Key Indicators

  • Authorised Capital ₹ 31.50 Cr
  • Paid Up Capital ₹ 25.94 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 813.65 Cr
  • Satisfied Charges ₹ 69.14 Cr
  • Revenue Growth 21.51%
  • Profit Growth 136.55%
  • Ebitda -39.20%
  • Net Worth 25.10%
  • Total Assets 3.69%

About Micro Plastics

Micro Plastics Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 June 1994 and has a history of 30 years and eight months. Its registered office is in Ramanagar, Karnataka, India.

The Company is engaged in the Consumer Goods 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 31.50 Cr and a paid-up capital of Rs 25.94 Cr.

The company currently has active open charges totaling ₹813.65 Cr. The company has closed loans amounting to ₹69.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Micro Plastics Private Limited India are Dharapuram Sethumadhavan as CEO and Chandrashekar Nagaraju as Company Secretary. Nagaraj Babu, Suresh Prabhala, Manoj Sehrawat, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U19201KA1994PTC015731

  • Company No.

    015731

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods
Manufacturing

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

Executive Team (3)

NameDesignationAppointment DateStatus
Nagaraj Babu Country flag representing In Managing Director08-Feb-2005Current
Dharapuram Sethumadhavan CEOCurrent
Chandrashekar Nagaraju Company SecretaryCurrent

Board Members (4)

NameDesignationAppointment DateStatus
Manoj Jaiswal Country flag representing In Director 11-Aug-2023Current
Suresh Prabhala Country flag representing In Director 23-Apr-2021Current
Manoj Sehrawat Country flag representing In Director 23-Apr-2021Current
Mayank Agarwal Country flag representing In Director 11-Aug-2023Current

Financial Performance of Micro Plastics.

Micro Plastics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.51% increase. The company also saw a substantial improvement in profitability, with a 136.55% increase in profit. The company's net worth Soared by an impressive increase of 25.1%.

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
21.51%
Revenue from Operations
21.57%
Total Assets
3.69%
Profit or Loss
136.55%
Net Worth
25.10%
EBITDA
-39.20%

What is the Ownership and Shareholding Structure of Micro Plastics?

In 2022, Micro Plastics had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹813.65 Cr

Satisfied Charges

₹69.14 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 748.65 Cr
  • Axis Bank Limited : 65.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2022Hdfc Bank Limited₹2.46 MOpen
05 Apr 2022Axis Bank Limited₹65.00 CrOpen
27 Jan 2021Hdfc Bank Limited₹17.00 CrOpen
08 Feb 2019Hdfc Bank Limited₹401.70 CrOpen
16 Jun 2018Hdfc Bank Limited₹329.70 CrOpen

How Many Employees Work at Micro Plastics?

Micro Plastics has a workforce of 506 employees as of Mar 30, 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 Micro 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 Micro 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 Micro Plastics

Recent activity within the organization

  • Annual General Meeting

    Micro Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 329.70 Cr registered on 16 Jun 2018 with Charge ID 100198035 was modified on 11 Jan 2024.

    11 Jan 2024

  • Director Appointment

    Manoj Jaiswal was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 6 months .

    11 Aug 2023

  • Director Appointment

    Mayank Agarwal was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 6 months .

    11 Aug 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 65.00 Cr registered on 05 Apr 2022 with Charge ID 100561015 was modified on 26 Aug 2022.

    26 Aug 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Micro Plastics Private Limited was incorporated on 08 Jun 1994.

  • The authorized share capital of Micro Plastics Private Limited is ₹ 31.50 Cr and paid-up capital is ₹ 25.94 Cr.

  • Currently 7 directors are associated with Micro Plastics Private Limited.

    • Nagaraj Vijendra Babu
    • Suresh Eshwara Prabhala
    • Manoj Kumar Sehrawat
    • Manoj Jaiswal
    • Mayank Agarwal
    • Dharapuram Srinivasan Sethumadhavan
    • Chandrashekar Bandenahally Nagaraju
  • As per Ministry of Corporate Affairs (Mca), the registered address of Micro Plastics Private Limited is Plot No.318G 2Nd Phase Kiadb Industrial Area Kanakapura Taluk, Raman Agar Dist India, Harohalli, Karnataka, 562112.

  • The corporate identification number (CIN) of Micro Plastics Private Limited is U19201KA1994PTC015731 and the company number is 015731 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Micro Plastics Private Limited is https://www.microplasticsindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Micro Plastics Private Limited has risen by 21.51%.

  • As Per 2022 financial reports, 506 employees are currently employed by Micro Plastics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Micro Plastics Private Limited has experienced an upsurge of 25.10%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Micro Plastics Private Limited amount to ₹ 813.65 Cr.

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

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