Patel Plastic Bags Private Limited

Patel Plastic Bags Private Limited

Manufacturer and distributor of plastic articles for packing goods, including carry bags and household products.
2007 | Shimoga, Karnataka (India) | Active

Last Updated:

January 01, 2025
HomeCompanyPatel Plastic Bags Private Limited

Who are the key members and board of directors at Patel Plastic Bags?

Board Members(4)

NameDesignationAppointment DateStatus
Ganga Bai In Director 21-Mar-2007Current
Mangalaram Patel In Director 21-Mar-2007Current
Mehraram Patel In Director 21-Mar-2007Current
Seetha Patel In Director 21-Mar-2007Current

Financial Performance of Patel Plastic Bags.

Patel Plastic Bags Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 61.79% increase. The company also saw a substantial improvement in profitability, with a 72.1% increase in profit. The company's net worth moved up by a moderate rise of 8.13%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
61.79%
Revenue from Operations
59.36%
Total Assets
7.51%
Profit or Loss
72.10%
Net Worth
8.13%
EBITDA
-14.57%

Charges (Loans)

Open Charges

₹12.20 M

LenderAmountStatus

Canara Bank

Creation Date: 26 Feb 2014
₹0.90 MOpen

The Karnataka State Financial Corporation

Creation Date: 05 Dec 2012
₹3.80 MOpen

The Karnataka State Financial Corporation

Creation Date: 13 Jan 2010
₹1.50 MOpen

How Many Employees Work at Patel Plastic Bags?

Patel Plastic Bags has a workforce of 23 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.

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Latest Updates, News, and FAQs on Patel Plastic Bags

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Patel Plastic Bags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.90 M with Charge ID 10483650 was registered on 26 Feb 2014.

    26 Feb 2014

  • Charges

    A charge with Canara Bank of Rs. 5.45 M registered on 17 Mar 2009 with Charge ID 10155922 was modified on 26 Feb 2014.

    26 Feb 2014

  • Charges

    A charge with The Karnataka State Financial Corporation of Rs. 3.80 M registered on 05 Dec 2012 with Charge ID 10395254 was modified on 20 Jan 2014.

    20 Jan 2014

  • Charges

    A charge with The Karnataka State Financial Corporation amounted to Rs. 3.80 M with Charge ID 10395254 was registered on 05 Dec 2012.

    05 Dec 2012

Frequently asked questions

  • Patel Plastic Bags Private Limited was incorporated on 21 Mar 2007.

  • The authorized share capital of Patel Plastic Bags Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.22 M.

  • Currently 4 directors are associated with Patel Plastic Bags Private Limited.

    • Ganga Bai
    • Mangalaram Patel
    • Mehraram Patel
    • Seetha Devi Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Patel Plastic Bags Private Limited is No.384 Patel Nivas Ist Cross, Tilak Nagar India, Shimoga, Karnataka, 577201.

  • The corporate identification number (CIN) of Patel Plastic Bags Private Limited is U25209KA2007PTC042144 and the company number is 042144 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Patel Plastic Bags Private Limited has risen by 61.79%.

  • As Per 2022 financial reports, 23 employees are currently employed by Patel Plastic Bags Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Patel Plastic Bags Private Limited has experienced an upsurge of 8.13%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Patel Plastic Bags Private Limited amount to ₹ 1.22 Cr.

  • The most recent Balance Sheet for Patel Plastic Bags Private Limited was filed with the ROC on 31 Mar 2024.

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