Paradise Plastics Enterprises Limited

Manufactures and sells engineering plastics and plastic products since 1986 in Mumbai, Maharashtra.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: January 09, 2025

Paradise Plastics Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 39 Year, 29 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 48.01 Cr
  • Satisfied Charges ₹ 44.74 Cr
  • Revenue Growth 17.23%
  • Profit Growth 22.55%
  • Ebitda -24.76%
  • Net Worth -84.75%
  • Total Assets -13.31%

About Paradise Plastics Enterprises

Paradise Plastics Enterprises Limited (PPEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 January 1986 and has a history of 39 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Paradise Plastic Enterprises Limited. 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 5.00 Cr and a paid-up capital of Rs 1.40 Cr.

The company currently has active open charges totaling ₹48.01 Cr. The company has closed loans amounting to ₹44.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harsh Gandhi, Parul Gandhi, and Parth Gandhi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paradiseplastics.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1986PLC074410

  • Company No.

    074410

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Paradise Plastics Enterprises?

Board Members (3)

NameDesignationAppointment DateStatus
Harsh Gandhi Country flag representing In Additional Director 01-Nov-2020Current
Parul Gandhi Country flag representing In Whole-Time Director 01-Oct-2004Current
Parth Gandhi Country flag representing In Whole-Time Director 01-Apr-2010Current

Financial Performance of Paradise Plastics Enterprises.

Paradise Plastics Enterprises Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.23% increase. The company also saw a substantial improvement in profitability, with a 22.55% increase in profit. The company's net worth observed a substantial decline by a decrease of 84.75%.

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
17.23%
Revenue from Operations
18.01%
Total Assets
-13.31%
Profit or Loss
22.55%
Net Worth
-84.75%
EBITDA
-24.76%

What is the Ownership and Shareholding Structure of Paradise Plastics Enterprises?

In 2022, Paradise Plastics Enterprises 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

₹48.01 Cr

Satisfied Charges

₹44.74 Cr

Charges Breakdown by Lending Institutions

  • Others : 29.15 Cr
  • Tata Capital Financial Services Limited : 16.20 Cr
  • Standard Chartered Bank : 2.40 Cr
  • Hdfc Bank Limited : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2023Tata Capital Financial Services Limited₹4.56 MOpen
24 Jan 2022Tata Capital Financial Services Limited₹4.84 CrOpen
17 Jul 2021Standard Chartered Bank₹1.20 CrOpen
08 Jun 2021Standard Chartered Bank₹1.20 CrOpen
28 Sep 2020Tata Capital Financial Services Limited₹9.00 MOpen

How Many Employees Work at Paradise Plastics Enterprises?

Paradise Plastics Enterprises has a workforce of 20 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paradise Plastics Enterprises, 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 Paradise Plastics Enterprises'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 Paradise Plastics Enterprises

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Paradise Plastics Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 0.46 Cr with Charge ID 100777577 was registered on 14 Mar 2023.

    14 Mar 2023

  • Charges

    A charge registered on 31 Dec 2018 via Charge ID 100250501 with Standard Chartered Bank was fully satisfied on 27 May 2022.

    27 May 2022

  • Charges

    A charge with Others of Rs. 29.15 Cr registered on 19 Nov 2011 with Charge ID 10320035 was modified on 28 Apr 2022.

    28 Apr 2022

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 4.84 Cr with Charge ID 100541705 was registered on 24 Jan 2022.

    24 Jan 2022

Frequently asked questions

  • Paradise Plastics Enterprises Limited was incorporated on 27 Jan 1986.

  • The authorized share capital of Paradise Plastics Enterprises Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.40 Cr.

  • Currently 3 directors are associated with Paradise Plastics Enterprises Limited.

    • Harsh Yogesh Gandhi
    • Parul Yogesh Gandhi
    • Parth Yogesh Gandhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paradise Plastics Enterprises Limited is 805 Dev Plaza Plot No-68 Opp Andheri Fire Brigade S V Road, West India, Andheri West, Maharashtra, 400058.

  • The corporate identification number (CIN) of Paradise Plastics Enterprises Limited is U74999MH1986PLC074410 and the company number is 074410 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paradise Plastics Enterprises Limited is https://www.paradiseplastics.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paradise Plastics Enterprises Limited has risen by 17.23%.

  • As Per 2022 financial reports, 20 employees are currently employed by Paradise Plastics Enterprises Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paradise Plastics Enterprises Limited has experienced an downturn of -84.75%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paradise Plastics Enterprises Limited amount to ₹ 48.01 Cr.

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

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