Payal Foam Pvt Ltd

Manufacturer of foam products including mattresses, rubber, and polyurethane since 1993.

1993 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 05, 2024

Payal Foam Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.10 M
  • Company Age 31 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Satisfied Charges ₹ 6.54 Cr
  • Revenue Growth 417.97%
  • Profit Growth 247.27%
  • Ebitda 422.10%
  • Net Worth 26.59%
  • Total Assets 49.62%

About Payal Foam

Payal Foam Pvt Ltd (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 October 1993 and has a history of 31 years and four months. Its registered office is in Ahmedabad, Gujarat, India.

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 1.50 M and a paid-up capital of Rs 1.10 M.

The company currently has active open charges totaling ₹1.00 M. The company has closed loans amounting to ₹6.54 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shah Spruha, Monaben Shah, and Shaileshbhai Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25199GJ1993PTC020472

  • Company No.

    020472

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Oct 1993

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Payal Foam?

Board Members (3)

NameDesignationAppointment DateStatus
Shah Spruha Country flag representing In Director 29-Jan-2015Current
Monaben Shah Country flag representing In Director 15-Feb-2001Current
Shaileshbhai Shah Country flag representing In Director 21-Oct-1993Current

Financial Performance of Payal Foam.

Payal Foam Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 417.97% increase. The company also saw a substantial improvement in profitability, with a 247.27% increase in profit. The company's net worth Soared by an impressive increase of 26.59%.

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
417.97%
Revenue from Operations
418.38%
Total Assets
49.62%
Profit or Loss
247.27%
Net Worth
26.59%
EBITDA
422.10%

What is the Ownership and Shareholding Structure of Payal Foam?

In 2023, Payal Foam 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

₹1.00 M

Satisfied Charges

₹65.44 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 1996Bank Of India₹0.30 MOpen
31 May 1996Bank Of India₹0.70 MOpen
11 Apr 2012Others₹1.65 CrSatisfied
28 Sep 2010The Cosmos Cooperative Bank Ltd₹2.30 CrSatisfied
08 Apr 2009Bank Of Maharashtra₹1.19 CrSatisfied

How Many Employees Work at Payal Foam?

Unlock and access historical data on people associated with Payal Foam, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Payal Foam, 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 Payal Foam'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 Payal Foam

Recent activity within the organization

  • Annual General Meeting

    Payal Foam Pvt Ltd last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Payal Foam Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 11 Apr 2012 via Charge ID 10576300 with Others was fully satisfied on 07 Aug 2020.

    07 Aug 2020

  • Charges

    A charge with Others of Rs. 16.50 M registered on 11 Apr 2012 with Charge ID 10576300 was modified on 16 Mar 2019.

    16 Mar 2019

  • Charges

    A charge registered on 28 Sep 2010 via Charge ID 10254667 with The Cosmos Cooperative Bank Ltd was fully satisfied on 06 May 2015.

    06 May 2015

  • Director Appointment

    Shah Shridhan Spruha was appointed as a Director was appointed as a Director on 29 Jan 2015 & has been associated with this company since 10 years 23 days .

    29 Jan 2015

Frequently asked questions

  • Payal Foam Pvt Ltd was incorporated on 21 Oct 1993.

  • The authorized share capital of Payal Foam Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 1.10 M.

  • Currently 3 directors are associated with Payal Foam Pvt Ltd.

    • Shah Shridhan Spruha
    • Monaben Shaileshbhai Shah
    • Shaileshbhai Madhavlal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Payal Foam Pvt Ltd is Plot No.9 &10 Shubhlaxmi Industrial Estate Opp. Vimlachal Print & Packaging Nr. Ramdev, Masala, Ahmedabad, Gujarat, India, 382213.

  • The corporate identification number (CIN) of Payal Foam Pvt Ltd is U25199GJ1993PTC020472 and the company number is 020472 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Payal Foam Pvt Ltd has risen by 417.97%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Payal Foam Pvt Ltd has experienced an upsurge of 26.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Payal Foam Pvt Ltd amount to ₹ 1.00 M.

  • The most recent Balance Sheet for Payal Foam Pvt Ltd was filed with the ROC on 31 Mar 2023.

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