Papas Trading Private Limited

Supplier of spices and food grains to supermarkets and exporters, based in Chennai.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 10, 2025

Papas Trading Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 20 Year, 29 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.72 Cr
  • Satisfied Charges ₹ 3.34 Cr
  • Revenue Growth 1.06%
  • Profit Growth 4.53%
  • Ebitda -26.82%
  • Net Worth 25.37%
  • Total Assets 23.87%

About Papas Trading

Papas Trading Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 January 2005 and has a history of 20 years. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Food And Beverages 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹7.72 Cr. The company has closed loans amounting to ₹3.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayavelbose Harivikrant, Nirmala Jayavelbose, Jayavelbose, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    papasfoods.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51211TN2005PTC055206

  • Company No.

    055206

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Food and Beverages

What products or services does Papas Trading Private Limited offer?

Papas Trading Private Limited offers a wide range of products and services, including Chilli Powder, Red Chilli Powder, Pulses, Sabut Urad Dal, Seed Spices, Cumin Seeds.

Who are the key members and board of directors at Papas Trading?

Board Members (4)

NameDesignationAppointment DateStatus
Jayavelbose Harivikrant Country flag representing In Additional Director 20-Nov-2023Current
Nirmala Jayavelbose Country flag representing In Director 18-Jun-2005Current
Jayavelbose Country flag representing In Director 25-Jan-2005Current
Hari Subashini Country flag representing In Director 02-May-2023Current

Financial Performance of Papas Trading.

Papas Trading Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.06% increase. The company also saw a slight improvement in profitability, with a 4.53% increase in profit. The company's net worth Soared by an impressive increase of 25.37%.

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
1.06%
Revenue from Operations
0.95%
Total Assets
23.87%
Profit or Loss
4.53%
Net Worth
25.37%
EBITDA
-26.82%

What is the Ownership and Shareholding Structure of Papas Trading?

In 2023, Papas Trading 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

₹77.18 M

Satisfied Charges

₹33.38 M

Charges Breakdown by Lending Institutions

  • Others : 7.28 Cr
  • Axis Bank Limited : 0.38 Cr
  • Tamilnad Mercantile Bank Ltd : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
04 Nov 2023Axis Bank Limited₹3.80 MOpen
03 Jun 2015Others₹7.28 CrOpen
12 Jan 2008Tamilnad Mercantile Bank Ltd₹0.58 MOpen
25 Mar 2011Tamilnad Mercantile Bank Limited₹5.00 MSatisfied
25 Feb 2010Tamilnad Mercantile Bank Limited₹1.00 MSatisfied

How Many Employees Work at Papas Trading?

Papas Trading has a workforce of 190 employees as of Apr 07, 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 Papas Trading, 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 Papas Trading'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 Papas Trading

Recent activity within the organization

  • Director Appointment

    Jayavelbose Harivikrant was appointed as a Additional Director was appointed as a Additional Director on 20 Nov 2023 & has been associated with this company since 1 year 3 months .

    20 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.80 M with Charge ID 100852110 was registered on 04 Nov 2023.

    04 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Hari Vikranth Subashini was appointed as a Director was appointed as a Director on 02 May 2023 & has been associated with this company since 1 year 9 months .

    02 May 2023

  • Balance Sheet

    Papas Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 72.80 M registered on 03 Jun 2015 with Charge ID 10590337 was modified on 31 Aug 2021.

    31 Aug 2021

Frequently asked questions

  • Papas Trading Private Limited was incorporated on 25 Jan 2005.

  • The authorized share capital of Papas Trading Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Papas Trading Private Limited.

    • Jayavelbose Harivikrant
    • Nirmala Jayavelbose
    • Jayavelbose
    • Hari Vikranth Subashini
  • As per Ministry of Corporate Affairs (Mca), the registered address of Papas Trading Private Limited is No.47 2Nd Main Road Raja Annamalaipuram, India, Chennai, Tamil Nadu, 600028.

  • The corporate identification number (CIN) of Papas Trading Private Limited is U51211TN2005PTC055206 and the company number is 055206 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Papas Trading Private Limited is https://www.papasfoods.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Papas Trading Private Limited has risen by 1.06%.

  • As Per 2023 financial reports, 190 employees are currently employed by Papas Trading Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Papas Trading Private Limited has experienced an upsurge of 25.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Papas Trading Private Limited amount to ₹ 7.72 Cr.

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