Ornate Plastics Pvt Ltd

Produces and sells a variety of plastic products such as valves, pipes, and fittings.

1986 | Surendra Nagar, Gujarat (India) | Active
Last Updated:

Ornate Plastics Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.35 M
  • Company Age 39 Year, 24 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.56 Cr
  • Satisfied Charges ₹ 1.95 Cr
  • Revenue Growth -1.49%
  • Profit Growth 10.68%
  • Ebitda -3.17%
  • Net Worth 5.80%
  • Total Assets -36.02%

About Ornate Plastics

Ornate Plastics Pvt Ltd (OPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 1986 and has a history of 39 years. Its registered office is in Surendra Nagar, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.35 M.

The company currently has active open charges totaling ₹4.56 Cr. The company has closed loans amounting to ₹1.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kishorchandra Sanghvi, Sumit Sanghvi, and Sachin Sanghvi serve as directors at the Company.

Company Details

  • Location

    Surendra Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ1986PTC008654

  • Company No.

    008654

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Ornate Plastics Pvt Ltd

Explore comprehensive data for Ornate Plastics Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Kishorchandra Sanghvi Country flag representing In Director 29-Feb-2004Current
Sumit Sanghvi Director 17-Aug-2024Current
Sachin Sanghvi Director 17-Aug-2024Current

Financial Performance of Ornate Plastics.

Ornate Plastics Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.49% decrease. The company also saw a substantial improvement in profitability, with a 10.68% increase in profit. The company's net worth moved up by a moderate rise of 5.8%.

Ornate Plastics revenue growth over time
Ornate Plastics 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
-1.49%
Revenue from Operations
-1.65%
Total Assets
-36.02%
Profit or Loss
10.68%
Net Worth
5.80%
EBITDA
-3.17%

What is the Ownership and Shareholding Structure of Ornate Plastics?

In 2023, Ornate Plastics had a promoter holding of 50.00% and a public holding of 50.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.55 M

Satisfied Charges

₹19.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.56 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2017Hdfc Bank Limited₹2.97 CrOpen
29 Sep 2009Hdfc Bank Limited₹1.59 CrOpen
31 Jul 2021Hdfc Bank Limited₹1.50 MSatisfied
14 Sep 1993State Bank Of India₹1.00 CrSatisfied
14 Mar 1993State Bank Of Saurashtra₹8.00 MSatisfied

How Many Employees Work at Ornate Plastics?

Ornate Plastics has a workforce of 10 employees as of Apr 09, 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.

Employee growth trends for Ornate Plastics Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ornate 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 Ornate 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 Ornate Plastics

Recent activity within the organization

  • Annual General Meeting

    Ornate Plastics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sumit Kishorchandra Sanghvi was appointed as a Director was appointed as a Director on 17 Aug 2024 & has been associated with this company since 9 months 7 days .

  • Director Appointment

    Sachin Kishorchandra Sanghvi was appointed as a Director was appointed as a Director on 17 Aug 2024 & has been associated with this company since 9 months 7 days .

  • Balance Sheet

    Ornate Plastics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 31 Jul 2021 via Charge ID 100468438 with Hdfc Bank Limited was fully satisfied on 31 Jan 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 15.90 M registered on 29 Sep 2009 with Charge ID 10185889 was modified on 26 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Ornate Plastics Pvt Ltd?

    Ornate Plastics Pvt Ltd was incorporated on 01 May 1986.

  • What is authorized share capital and paid-up capital of Ornate Plastics Pvt Ltd?

    The authorized share capital of Ornate Plastics Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 1.35 M.

  • Who are the current board members & directors of Ornate Plastics Pvt Ltd?

    Currently 3 directors are associated with Ornate Plastics Pvt Ltd.

    • Kishorchandra Harjivanbhai Sanghvi
    • Sumit Kishorchandra Sanghvi
    • Sachin Kishorchandra Sanghvi

  • What is the registered address of Ornate Plastics Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ornate Plastics Pvt Ltd is Survey No. 1 Hanumanvadi 8 B Old National Highway Bamanbor Taluka-Chotila, India, Rajkot, Gujarat, 363520.

  • What is the corporate identification number (CIN) and company number of Ornate Plastics Pvt Ltd?

    The corporate identification number (CIN) of Ornate Plastics Pvt Ltd is U25209GJ1986PTC008654 and the company number is 008654 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ornate Plastics Pvt Ltd?

    The Official website of Ornate Plastics Pvt Ltd is https://www.paramountpipe.net

  • What has been the recent revenue trend for Ornate Plastics Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ornate Plastics Pvt Ltd has fallen by -1.49%.

  • How many employees does Ornate Plastics Pvt Ltd currently have?

    As Per 2023 financial reports, 10 employees are currently employed by Ornate Plastics Pvt Ltd.

  • What change has been observed in the net worth of Ornate Plastics Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ornate Plastics Pvt Ltd has experienced an upsurge of 5.80%.

  • What are the total open charges for Ornate Plastics Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Ornate Plastics Pvt Ltd amount to ₹ 4.56 Cr.

  • When was the last Balance Sheet of Ornate Plastics Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Ornate Plastics Pvt Ltd was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Plastic-Based Products