Parekhplast India Limited

Produces plastic packaging for various industries with multiple manufacturing facilities across India.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated:

Parekhplast India Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 118.62 Cr
  • Satisfied Charges ₹ 222.33 Cr
  • Revenue Growth 1.22%
  • Profit Growth -44.72%
  • Ebitda -12.76%
  • Net Worth 9.93%
  • Total Assets 2.91%

About Parekhplast India

Parekhplast India Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 1999 and has a history of 25 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Parekhplast India Private Limited. 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 15.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹118.62 Cr. The company has closed loans amounting to ₹222.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Parekhplast India Limited India are Mukesh Kripalani as CEO and Nilesh Podcheti as Cfo. Anand Bangur, Santosh Muchhal, Vishnu Jajoo, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parekhplast.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200MH1999PLC119191

  • Company No.

    119191

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Parekhplast India Limited offer?

Parekhplast India Limited offers a wide range of products and services, including Pharma & Bioanalytical Services, Pharmaceutical Services, Plastic Containers & Bottles, Plastic Cans, Plastic Containers, Pharmaceutical Containers, Packaging Caps & Seals, Cap Closures, Storage Tanks, Drums & Containers, Fuel Container.

Who are the key members and board of directors at Parekhplast India?

Executive Team (2)

NameDesignationAppointment DateStatus
Nilesh Podcheti Country flag representing In CFO29-Oct-2015Current
Mukesh Kripalani Country flag representing In CEO10-Sep-2018Current

Board Members (4)

NameDesignationAppointment DateStatus
Vishnu Jajoo Country flag representing In Director 08-Dec-2022Current
Santosh Muchhal Country flag representing In Director 08-Dec-2022Current
Anand Bangur Country flag representing In Director 08-Dec-2022Current
Anish Kedia Country flag representing In Director 08-Dec-2022Current

Financial Performance of Parekhplast India.

Parekhplast India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.22% increase. The company also saw a substantial fall in profitability, with a 44.72% decrease in profit. The company's net worth moved up by a moderate rise of 9.93%.

Parekhplast India revenue growth over time
Parekhplast India 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
1.22%
Revenue from Operations
1.37%
Total Assets
2.91%
Profit or Loss
-44.72%
Net Worth
9.93%
EBITDA
-12.76%

What is the Ownership and Shareholding Structure of Parekhplast India?

In 2023, Parekhplast India had a promoter holding of 98.04% and a public holding of 1.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹118.62 Cr

Satisfied Charges

₹222.33 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 69.17 Cr
  • Hdfc Bank Limited : 37.16 Cr
  • Others : 10.12 Cr
  • Sidbi : 2.17 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2023Hdfc Bank Limited₹37.16 CrOpen
07 Oct 2022Axis Bank Limited₹67.99 CrOpen
28 Sep 2022Others₹10.00 CrOpen
27 Jul 2022Axis Bank Limited₹4.64 MOpen
25 Jan 2022Sidbi₹8.40 MOpen

How Many Employees Work at Parekhplast India?

Parekhplast India has a workforce of 231 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.

Employee growth trends for Parekhplast India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parekhplast India, 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 Parekhplast India'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 Parekhplast India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 67.99 Cr registered on 07 Oct 2022 with Charge ID 100622082 was modified on 23 Aug 2024.

  • Charges

    A charge registered on 31 Mar 2021 via Charge ID 100504168 with Others was fully satisfied on 06 May 2024.

  • Charges

    A charge registered on 31 Dec 2020 via Charge ID 100404036 with Others was fully satisfied on 30 Apr 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 37.16 Cr registered on 20 Jun 2023 with Charge ID 100742880 was modified on 18 Jan 2024.

  • Charges

    A charge registered on 12 Oct 2018 via Charge ID 100216466 with Others was fully satisfied on 22 Dec 2023.

  • Charges

    A charge with Sidbi of Rs. 0.84 Cr registered on 25 Jan 2022 with Charge ID 100528070 was modified on 01 Dec 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Parekhplast India Limited?

    Parekhplast India Limited was incorporated on 30 Mar 1999.

  • What is authorized share capital and paid-up capital of Parekhplast India Limited?

    The authorized share capital of Parekhplast India Limited is ₹ 15.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Parekhplast India Limited?

    Currently 6 directors are associated with Parekhplast India Limited.

    • Anand Bangur
    • Santosh Muchhal
    • Vishnu Jajoo
    • Anish Shivkumar Kedia
    • Mukesh Khemchand Kripalani
    • Nilesh Narsimhachari Podcheti

  • What is the registered address of Parekhplast India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parekhplast India Limited is 101 Shivai Plaza Compartment No. 151 Marol Indl Co-Op Soc Ltd. Off. Andheri Kurla Rd., E India, Mumbai, Maharashtra, 400059.

  • What is the corporate identification number (CIN) and company number of Parekhplast India Limited?

    The corporate identification number (CIN) of Parekhplast India Limited is U25200MH1999PLC119191 and the company number is 119191 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Parekhplast India Limited?

    The Official website of Parekhplast India Limited is https://www.parekhplast.com

  • What has been the recent revenue trend for Parekhplast India Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Parekhplast India Limited has risen by 1.22%.

  • How many employees does Parekhplast India Limited currently have?

    As Per 2023 financial reports, 231 employees are currently employed by Parekhplast India Limited.

  • What change has been observed in the net worth of Parekhplast India Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Parekhplast India Limited has experienced an upsurge of 9.93%.

  • What are the total open charges for Parekhplast India Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Parekhplast India Limited amount to ₹ 118.62 Cr.

  • When was the last Balance Sheet of Parekhplast India Limited filed with the ROC?

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

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