Panamax Limited

Manufacturer and supplier of various tapes for multiple industries.

2020 | Delhi (India) | Active
Last Updated: October 28, 2024

Panamax Profile

Key Indicators

  • Authorised Capital ₹ 6.11 Cr
  • Paid Up Capital ₹ 5.11 Cr
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 56.24 Cr
  • Revenue Growth -18.88%
  • Profit Growth 7.60%
  • Ebitda 27.07%
  • Net Worth 235.25%
  • Total Assets 49.65%

About Panamax

Panamax Limited (PL) is a Public Limited Indian Non-Government Company incorporated in India on 22 December 2020 (Four years and one month 10 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Packaging 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 6.11 Cr and a paid-up capital of Rs 5.11 Cr.

The company currently has active open charges totaling ₹56.24 Cr.

Chetan Singla, Monika Singla, and Tanishka Singla serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74950DL2020PLC374865

  • Company No.

    374865

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Packaging

What products or services does Panamax Limited offer?

Panamax Limited offers a wide range of products and services, including Adhesive & Pressure Sensitive Tapes, Industrial Tape, Decorative Tape, Sealing Tape, Strapping & Sealing Machines, Seal Machines, Pasting Machine, Reflective Products & Holograms, Reflective Tapes, Safety Tapes.

Who are the key members and board of directors at Panamax?

Board Members (3)

Name Designation Appointment Date Status
Chetan Singla Country flag representing In Director 22-Dec-2020 Current
Monika Singla Country flag representing In Director 22-Dec-2020 Current
Tanishka Singla Country flag representing In Director 22-Dec-2020 Current

Financial Performance of Panamax.

Panamax Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.88% decrease. The company also saw a slight improvement in profitability, with a 7.6% increase in profit. The company's net worth Soared by an impressive increase of 235.25%.

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
-18.88%
Revenue from Operations
-18.89%
Total Assets
49.65%
Profit or Loss
7.60%
Net Worth
235.25%
EBITDA
27.07%

What is the Ownership and Shareholding Structure of Panamax?

In 2023, Panamax had a promoter holding of 98.82% and a public holding of 1.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.24 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 48.39 Cr
  • Others : 7.85 Cr

Latest Charge Details

Date Lender Amount Status
30 May 2024 Others ₹6.50 M Open
30 Dec 2021 Others ₹7.20 Cr Open
20 Oct 2021 Hdfc Bank Limited ₹48.39 Cr Open

How Many Employees Work at Panamax?

Panamax has a workforce of 143 employees as of Apr 05, 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 Panamax, 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 Panamax'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 Panamax

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100964705 was registered on 30 May 2024.

    30 May 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 48.39 Cr registered on 20 Oct 2021 with Charge ID 100502045 was modified on 17 May 2024.

    17 May 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.20 Cr with Charge ID 100528996 was registered on 30 Dec 2021.

    30 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 48.39 Cr with Charge ID 100502045 was registered on 20 Oct 2021.

    20 Oct 2021

Frequently asked questions

  • Panamax Limited was incorporated on 22 Dec 2020.

  • The authorized share capital of Panamax Limited is ₹ 6.11 Cr and paid-up capital is ₹ 5.11 Cr.

  • Currently 3 directors are associated with Panamax Limited.

    • Chetan Singla
    • Monika Singla
    • Tanishka Singla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Panamax Limited is 154/594 154/595, Ground Floor Village Pooth Khurd Ext. Nr Firni Road India, Delhi, 110039.

  • The corporate identification number (CIN) of Panamax Limited is U74950DL2020PLC374865 and the company number is 374865 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Panamax Limited is https://www.panamax.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Panamax Limited has fallen by -18.88%.

  • As Per 2023 financial reports, 143 employees are currently employed by Panamax Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Panamax Limited has experienced an upsurge of 235.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Panamax Limited amount to ₹ 56.24 Cr.

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

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