Palme Polypack Private Limited

Manufacturer of non-woven fabrics and packaging materials made of various materials since 2011.

2011 | Surendra Nagar, Gujarat (India) | Active
Last Updated:

Palme Polypack Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.12 Cr
  • Revenue Growth -26.41%
  • Profit Growth -64.36%
  • Ebitda -40.48%
  • Net Worth 2.62%
  • Total Assets -6.80%

About Palme Polypack

Palme Polypack Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 August 2011 and has a history of 13 years and seven months. 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹2.12 Cr.

Alpeshkumar Patel and Paras Patel 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

    U25209GJ2011PTC066822

  • Company No.

    066822

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Palme Polypack Private Limited offer?

Palme Polypack Private Limited offers a wide range of products and services, including Non Woven Bag, D-Cut Non Woven Bags, Non Woven U Cut Bag, Industrial Fabrics and Textiles, Non Woven Fabric, Printed Non Woven Bags, Packing Bag, D Cut Bag.

Who are the key members and board of directors at Palme Polypack?

Board Members (2)

NameDesignationAppointment DateStatus
Alpeshkumar Patel Country flag representing In Director 19-Aug-2011Current
Paras Patel Country flag representing In Director 15-Jun-2023Current

Financial Performance of Palme Polypack.

Palme Polypack Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.41% decrease. The company also saw a substantial fall in profitability, with a 64.36% decrease in profit. The company's net worth moved up by a moderate rise of 2.62%.

Palme Polypack revenue growth over time
Palme Polypack 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
-26.41%
Revenue from Operations
-26.77%
Total Assets
-6.80%
Profit or Loss
-64.36%
Net Worth
2.62%
EBITDA
-40.48%

What is the Ownership and Shareholding Structure of Palme Polypack?

In 2023, Palme Polypack had a promoter holding of 23.75% and a public holding of 76.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.12 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.12 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jun 2012State Bank Of India₹2.12 CrOpen

How Many Employees Work at Palme Polypack?

Unlock and access historical data on people associated with Palme Polypack, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Palme Polypack Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Palme Polypack, 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 Palme Polypack'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 Palme Polypack

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Palme Polypack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Paras Kantibhai Patel was appointed as a Director was appointed as a Director on 15 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Charges

    A charge with State Bank Of India of Rs. 2.12 Cr registered on 05 Jun 2012 with Charge ID 10360100 was modified on 11 Mar 2022.

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.12 Cr with Charge ID 10360100 was registered on 05 Jun 2012.

  • Director Appointment

    Alpeshkumar Chaturbhai Patel was appointed as a Director was appointed as a Director on 19 Aug 2011 & has been associated with this company since 13 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Palme Polypack Private Limited?

    Palme Polypack Private Limited was incorporated on 19 Aug 2011.

  • What is authorized share capital and paid-up capital of Palme Polypack Private Limited?

    The authorized share capital of Palme Polypack Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Palme Polypack Private Limited?

    Currently 2 directors are associated with Palme Polypack Private Limited.

    • Alpeshkumar Chaturbhai Patel
    • Paras Kantibhai Patel
  • What is the registered address of Palme Polypack Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Palme Polypack Private Limited is Office No. 1 Swami Vivekanand Vidhyalay Building Near Swaminarayan Temple, Umiya Temple Ro Ad India, Wadhwan, Gujarat, 363030.

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

    The corporate identification number (CIN) of Palme Polypack Private Limited is U25209GJ2011PTC066822 and the company number is 066822 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Palme Polypack Private Limited?

    The Official website of Palme Polypack Private Limited is https://www.palmepolypack.com

  • What has been the recent revenue trend for Palme Polypack Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Palme Polypack Private Limited has fallen by -26.41%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Palme Polypack Private Limited has experienced an upsurge of 2.62%.

  • What are the total open charges for Palme Polypack Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Palme Polypack Private Limited amount to ₹ 2.12 Cr.

  • When was the last Balance Sheet of Palme Polypack Private Limited filed with the ROC?

    The most recent Balance Sheet for Palme Polypack Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed