Padmini Products Private Limited

Manufactures and exports a wide range of incense sticks to various countries.

2004 | Bangalore 560 042, Karnataka (India) | Active
Last Updated: October 24, 2024

Padmini Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 21 Year, 27 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.17 Cr
  • Satisfied Charges ₹ 7.68 Cr
  • Revenue Growth 16.80%
  • Profit Growth -60.75%
  • Ebitda -140.85%
  • Net Worth -12.87%
  • Total Assets -3.65%

About Padmini Products

Padmini Products Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 January 2004 and has a history of 21 years. Its registered office is in Bangalore 560 042, Karnataka.

The Company is engaged in the Fmcg 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 5.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹8.17 Cr. The company has closed loans amounting to ₹7.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Surekha Nagaraj, Lokesh Vemulkar, Ravikiran Vemulkar, and One other member serve as directors at the Company.

Company Details

  • Location Bangalore 560 042, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    padmini.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24248KA2004PTC033277

  • Company No.

    033277

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

FMCG

Who are the key members and board of directors at Padmini Products?

Board Members (4)

NameDesignationAppointment DateStatus
Surekha Nagaraj Country flag representing In Director 30-Jan-2004Current
Lokesh Vemulkar Country flag representing In Director 30-Jan-2004Current
Ravikiran Vemulkar Country flag representing In Whole-Time Director 30-Jan-2004Current
Kumar Nagaraj Country flag representing In Whole-Time Director 30-Jan-2004Current

Financial Performance of Padmini Products.

Padmini Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.8% increase. The company also saw a substantial fall in profitability, with a 60.75% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.87%.

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
16.80%
Revenue from Operations
15.98%
Total Assets
-3.65%
Profit or Loss
-60.75%
Net Worth
-12.87%
EBITDA
-140.85%

What is the Ownership and Shareholding Structure of Padmini Products?

In 2023, Padmini Products had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.17 Cr

Satisfied Charges

₹7.68 Cr

Charges Breakdown by Lending Institutions

  • Bajaj Finance Limited : 5.05 Cr
  • Indnian Overseas Bank : 2.00 Cr
  • Others : 1.01 Cr
  • Yes Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2023Yes Bank Limited₹1.15 MOpen
14 Jul 2021Indnian Overseas Bank₹2.00 CrOpen
24 Mar 2016Others₹1.01 CrOpen
20 Nov 2014Bajaj Finance Limited₹3.00 CrOpen
30 Nov 2010Bajaj Finance Limited₹2.05 CrOpen

How Many Employees Work at Padmini Products?

Padmini Products has a workforce of 288 employees as of Apr 03, 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 Padmini Products, 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 Padmini Products'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 Padmini Products

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Padmini Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100703557 was registered on 24 Jan 2023.

    24 Jan 2023

  • Charges

    A charge with Indnian Overseas Bank amounted to Rs. 2.00 Cr with Charge ID 100462539 was registered on 14 Jul 2021.

    14 Jul 2021

  • Charges

    A charge with Others amounted to Rs. 1.01 Cr with Charge ID 100042330 was registered on 24 Mar 2016.

    24 Mar 2016

  • Charges

    A charge registered on 30 Aug 2004 via Charge ID 80006261 with Standard Chartered Bank was fully satisfied on 31 Jul 2015.

    31 Jul 2015

Frequently asked questions

  • Padmini Products Private Limited was incorporated on 30 Jan 2004.

  • The authorized share capital of Padmini Products Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 4 directors are associated with Padmini Products Private Limited.

    • Surekha Nagaraj
    • Lokesh Nagaraj Vemulkar
    • Ravikiran Nagaraj Vemulkar
    • Kumar Nagaraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Padmini Products Private Limited is No.157, K.Kamaraj Road Bangalore India, Bangalore 560 042, Karnataka.

  • The corporate identification number (CIN) of Padmini Products Private Limited is U24248KA2004PTC033277 and the company number is 033277 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Padmini Products Private Limited is https://www.padmini.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Padmini Products Private Limited has risen by 16.80%.

  • As Per 2023 financial reports, 288 employees are currently employed by Padmini Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Padmini Products Private Limited has experienced an downturn of -12.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Padmini Products Private Limited amount to ₹ 8.17 Cr.

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

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