Palak Plastic Private Limited

Manufactures and supplies PVC products and foam parts for various industries.

2012 | Gurgaon, Haryana (India) | Active
Last Updated:

Palak Plastic Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 13 Year, 30 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.87 Cr
  • Satisfied Charges ₹ 6.54 Cr
  • Revenue Growth 4.00%
  • Profit Growth -554.87%
  • Ebitda -430.37%
  • Net Worth -130.95%
  • Total Assets 14.40%

About Palak Plastic

Palak Plastic Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 2012 and has a history of 13 years. Its registered office is in Gurgaon, Haryana.

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 1.00 Cr and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹5.87 Cr. The company has closed loans amounting to ₹6.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hem Chander and Sunil Kumar serve as directors at the Company.

Company Details

  • Location Gurgaon, Haryana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25191HR2012PTC045684

  • Company No.

    045684

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Palak Plastic Private Limited offer?

Palak Plastic Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, PVC Plastic Granule, Plastic, PVC & PP Products, Molded Plastic Products, Electrical Insulation Sleeving, PVC Sleeve, Pollution Control Devices & Machines, Industrial Air Filter, Foam Sheet, Foam Pads.

Company report

Palak Plastic Private Limited

Explore comprehensive data for Palak Plastic Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Palak Plastic?

Board Members (2)

NameDesignationAppointment DateStatus
Hem Chander Country flag representing In Whole-Time Director 19-Apr-2012Current
Sunil Kumar Country flag representing In Director 19-Apr-2012Current

Financial Performance of Palak Plastic.

Palak Plastic Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4% increase. The company also saw a substantial fall in profitability, with a 554.87% decrease in profit. The company's net worth observed a substantial decline by a decrease of 130.95%.

Palak Plastic revenue growth over time
Palak Plastic 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
4.00%
Revenue from Operations
19.02%
Total Assets
14.40%
Profit or Loss
-554.87%
Net Worth
-130.95%
EBITDA
-430.37%

What is the Ownership and Shareholding Structure of Palak Plastic?

In 2022, Palak Plastic 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

₹5.87 Cr

Satisfied Charges

₹6.54 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 5.87 Cr

Latest Charge Details

DateLenderAmountStatus
22 Apr 2024Hdfc Bank Limited₹1.38 MOpen
22 Aug 2022Hdfc Bank Limited₹2.16 MOpen
25 Aug 2020Hdfc Bank Limited₹5.51 CrOpen
07 Mar 2020Indian Bank₹9.70 MSatisfied
15 Apr 2019Indian Bank₹1.20 CrSatisfied

How Many Employees Work at Palak Plastic?

Palak Plastic has a workforce of 23 employees as of Apr 06, 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 Palak Plastic Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palak Plastic, 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 Palak Plastic'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 Palak Plastic

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.51 Cr registered on 25 Aug 2020 with Charge ID 100372956 was modified on 09 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100933809 was registered on 22 Apr 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Palak Plastic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100658656 was registered on 22 Aug 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.51 Cr with Charge ID 100372956 was registered on 25 Aug 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Palak Plastic Private Limited?

    Palak Plastic Private Limited was incorporated on 19 Apr 2012.

  • What is authorized share capital and paid-up capital of Palak Plastic Private Limited?

    The authorized share capital of Palak Plastic Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.00 M.

  • Who are the current board members & directors of Palak Plastic Private Limited?

    Currently 2 directors are associated with Palak Plastic Private Limited.

    • Hem Yadav Chander
    • Sunil Kumar

  • What is the registered address of Palak Plastic Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palak Plastic Private Limited is Plot No. 345, Sector - 8 Imt Manesar India, Gurgaon, Haryana, 122050.

  • What is the corporate identification number (CIN) and company number of Palak Plastic Private Limited?

    The corporate identification number (CIN) of Palak Plastic Private Limited is U25191HR2012PTC045684 and the company number is 045684 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Palak Plastic Private Limited?

    The Official website of Palak Plastic Private Limited is https://www.palakplastic.com

  • What has been the recent revenue trend for Palak Plastic Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Palak Plastic Private Limited has risen by 4.00%.

  • How many employees does Palak Plastic Private Limited currently have?

    As Per 2022 financial reports, 23 employees are currently employed by Palak Plastic Private Limited.

  • What change has been observed in the net worth of Palak Plastic Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Palak Plastic Private Limited has experienced an downturn of -130.95%.

  • What are the total open charges for Palak Plastic Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Palak Plastic Private Limited amount to ₹ 5.87 Cr.

  • When was the last Balance Sheet of Palak Plastic Private Limited filed with the ROC?

    The most recent Balance Sheet for Palak Plastic Private Limited was filed with the ROC on 31 Mar 2023.

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