Payal Polyplast Private Limited

Manufacturer of plasticizers and PVC compounds, also trades polymers and solvents.

2010 | Central Delhi, Delhi (India) | Active
Last Updated:

Payal Polyplast Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 4.26 Cr
  • Company Age 15 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 351.00 Cr
  • Satisfied Charges ₹ 706.66 Cr
  • Revenue Growth 0.59%
  • Profit Growth -50.11%
  • Ebitda -48.70%
  • Net Worth 19.60%
  • Total Assets 15.25%

About Payal Polyplast

Payal Polyplast Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 April 2010 and has a history of 15 years. Its registered office is in Central Delhi, Delhi, India.

The Corporate was formerly known as Payal Petrochem Private 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 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 4.26 Cr.

The company currently has active open charges totaling ₹351.00 Cr. The company has closed loans amounting to ₹706.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Payal Polyplast Private Limited India are Rishi Dev as COMPANY SECRETARY and Piyush Jain as Cfo. Nikhil Gupta, Surendra Negi, and Subikash Jena serve as directors at the Company.

Company Details

  • Location

    Central Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100DL2010PTC202156

  • Company No.

    202156

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 2010

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Payal Polyplast Private Limited offer?

Payal Polyplast Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, PVC Plastic Granule, Petroleum and Petrochemical Products, Liquid Paraffin.

Company report

Payal Polyplast Private Limited

Explore comprehensive data for Payal Polyplast Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Nikhil Gupta Country flag representing In Managing Director29-Apr-2010Current
Rishi Dev Country flag representing In Company Secretary18-May-2024Current
Piyush Jain CFO18-May-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Surendra Negi Country flag representing In Whole-Time Director 02-Aug-2019Current
Subikash Jena Country flag representing In Whole-Time Director 21-May-2024Current

Financial Performance of Payal Polyplast.

Payal Polyplast Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.59% increase. The company also saw a substantial fall in profitability, with a 50.11% decrease in profit. The company's net worth Soared by an impressive increase of 19.6%.

Payal Polyplast revenue growth over time
Payal Polyplast 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
0.59%
Revenue from Operations
0.45%
Total Assets
15.25%
Profit or Loss
-50.11%
Net Worth
19.60%
EBITDA
-48.70%

What is the Ownership and Shareholding Structure of Payal Polyplast?

In 2023, Payal Polyplast had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹351.00 Cr

Satisfied Charges

₹706.66 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 91.00 Cr
  • Yes Bank Limited : 75.00 Cr
  • Citi Bank N.A. : 75.00 Cr
  • Others : 60.00 Cr
  • State Bank Of India : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2023Hdfc Bank Limited₹40.00 CrOpen
02 Jun 2023State Bank Of India₹50.00 CrOpen
28 Mar 2023Others₹60.00 CrOpen
28 Feb 2023Citi Bank N.A.₹75.00 CrOpen
31 Jan 2023Yes Bank Limited₹75.00 CrOpen

How Many Employees Work at Payal Polyplast?

Payal Polyplast has a workforce of 139 employees as of Apr 08, 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 Payal Polyplast Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Payal Polyplast Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Director Appointment

    Subikash Jena was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 May 2024 & has been associated with this company since 11 months 16 days .

  • Director Appointment

    Rishi Dev was appointed as a Company Secretary was appointed as a Company Secretary on 18 May 2024 & has been associated with this company since 11 months 19 days .

  • Director Appointment

    Piyush Jain was appointed as a Cfo was appointed as a Cfo on 18 May 2024 & has been associated with this company since 11 months 19 days .

  • Balance Sheet

    Payal Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Others of Rs. 60.00 Cr registered on 28 Mar 2023 with Charge ID 100703114 was modified on 28 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Payal Polyplast Private Limited?

    Payal Polyplast Private Limited was incorporated on 29 Apr 2010.

  • What is authorized share capital and paid-up capital of Payal Polyplast Private Limited?

    The authorized share capital of Payal Polyplast Private Limited is ₹ 25.00 Cr and paid-up capital is ₹ 4.26 Cr.

  • Who are the current board members & directors of Payal Polyplast Private Limited?

    Currently 5 directors are associated with Payal Polyplast Private Limited.

    • Nikhil Chandra Gupta
    • Surendra Singh Negi
    • Subikash Jena
    • Rishi Dev
    • Piyush Jain

  • What is the registered address of Payal Polyplast Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Payal Polyplast Private Limited is E-24 1St Floor, Netaji Subhash Marg Darya Ganj, New Delhi, India, 110002.

  • What is the corporate identification number (CIN) and company number of Payal Polyplast Private Limited?

    The corporate identification number (CIN) of Payal Polyplast Private Limited is U24100DL2010PTC202156 and the company number is 202156 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Payal Polyplast Private Limited?

    The Official website of Payal Polyplast Private Limited is https://www.payalgroup.com

  • What has been the recent revenue trend for Payal Polyplast Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Payal Polyplast Private Limited has risen by 0.59%.

  • How many employees does Payal Polyplast Private Limited currently have?

    As Per 2023 financial reports, 139 employees are currently employed by Payal Polyplast Private Limited.

  • What change has been observed in the net worth of Payal Polyplast Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Payal Polyplast Private Limited has experienced an upsurge of 19.60%.

  • What are the total open charges for Payal Polyplast Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Payal Polyplast Private Limited amount to ₹ 351.00 Cr.

  • When was the last Balance Sheet of Payal Polyplast Private Limited filed with the ROC?

    The most recent Balance Sheet for Payal Polyplast Private Limited was filed with the ROC on 31 Mar 2024.

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