Petro Plast Industries Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.74 Cr
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 116.50 Cr
- Satisfied Charges ₹ 31.00 Cr
- Revenue Growth 13669.36%
- Profit Growth 146.65%
- Ebitda 99.05%
- Net Worth 13.80%
- Total Assets -1.92%
About Petro Plast Industries
Petro Plast Industries Limited (PPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 March 1995 and has a history of 29 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Chemicals And Materials 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 2.00 Cr and a paid-up capital of Rs 1.74 Cr.
The company currently has active open charges totaling ₹116.50 Cr. The company has closed loans amounting to ₹31.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amitkumar Agarwal, Rajkumar Agarwal, Ajay Agarwal, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U25209TN1995PLC030545
- Company No.
030545
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Mar 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Chemicals and Materials
Who are the key members and board of directors at Petro Plast Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Omprakash Agarwal  | Managing Director | 16-Mar-1995 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amitkumar Agarwal | Director | 05-Mar-2015 | Current |
| Rajkumar Agarwal | Director | 05-Mar-2015 | Current |
| Ajay Agarwal | Director | 14-Jun-2009 | Current |
Financial Performance of Petro Plast Industries.
Petro Plast Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13669.36% increase. The company also saw a substantial improvement in profitability, with a 146.65% increase in profit. The company's net worth Soared by an impressive increase of 13.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Petro Plast Industries?
In 2023, Petro Plast Industries had a promoter holding of 98.16% and a public holding of 1.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Petro Plast (India) Private Limited
Amitkumar Agarwal and Omprakash Agarwal are mutual person
- B.B. Asia Impex Private Limited
Rajkumar Agarwal and Omprakash Agarwal are mutual person
- Srikara Packaging Private Limited
Rajkumar Agarwal is a mutual person
- Petro Enterprises Limited
Rajkumar Agarwal, Ajay Agarwal and 1 more are mutual person
- Arun Multilayers Private Limited
Rajkumar Agarwal is a mutual person
- Petro Polymers Private Limited
Ajay Agarwal and Omprakash Agarwal are mutual person
Charges (Loans)
Open Charges
₹116.50 Cr
Satisfied Charges
₹31.00 Cr
Charges Breakdown by Lending Institutions
- Tamilnad Mercantile Bank Limited : 116.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Oct 1996 | Tamilnad Mercantile Bank Limited | ₹116.50 Cr | Open |
| 03 Nov 2012 | Tamilnad Mercantile Bank Limited | ₹3.00 Cr | Satisfied |
| 20 Oct 2012 | Tamilnad Mercantile Bank Limited | ₹6.00 Cr | Satisfied |
| 04 Apr 2012 | Tamilnad Mercantile Bank Limited | ₹6.00 Cr | Satisfied |
| 19 Mar 2011 | Tamilnad Mercantile Bank Limited | ₹7.00 Cr | Satisfied |
How Many Employees Work at Petro Plast Industries?
Unlock and access historical data on people associated with Petro Plast Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Petro Plast Industries, 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 Petro Plast Industries's trajectory.
Rating
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
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 Petro Plast Industries
Recent activity within the organization
- Annual General Meeting
Petro Plast Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
30 Sep 2023
- Balance Sheet
Petro Plast Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
31 Mar 2023
- Charges
A charge registered on 03 Nov 2012 via Charge ID 10390173 with Tamilnad Mercantile Bank Limited was fully satisfied on 23 Aug 2018.
23 Aug 2018
- Charges
A charge registered on 20 Oct 2012 via Charge ID 10390171 with Tamilnad Mercantile Bank Limited was fully satisfied on 23 Aug 2018.
23 Aug 2018
- Charges
A charge registered on 04 Apr 2012 via Charge ID 10348427 with Tamilnad Mercantile Bank Limited was fully satisfied on 23 Aug 2018.
23 Aug 2018
- Charges
A charge registered on 19 Mar 2011 via Charge ID 10276876 with Tamilnad Mercantile Bank Limited was fully satisfied on 23 Aug 2018.
23 Aug 2018
Frequently asked questions
What is the Incorporation or founding date of Petro Plast Industries Limited?
Petro Plast Industries Limited was incorporated on 16 Mar 1995.
What is authorized share capital and paid-up capital of Petro Plast Industries Limited?
The authorized share capital of Petro Plast Industries Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.74 Cr.
Who are the current board members & directors of Petro Plast Industries Limited?
Currently 4 directors are associated with Petro Plast Industries Limited.
- Amitkumar Agarwal
- Rajkumar Agarwal
- Ajay Kumar Agarwal
- Omprakash Agarwal
What is the registered address of Petro Plast Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Petro Plast Industries Limited is A68, 11Th Street Annanagar East India, Chennai, Tamil Nadu, 600102.
What is the corporate identification number (CIN) and company number of Petro Plast Industries Limited?
The corporate identification number (CIN) of Petro Plast Industries Limited is U25209TN1995PLC030545 and the company number is 030545 as per Ministry of Corporate Affairs (MCA).
What is the official website of Petro Plast Industries Limited?
The Official website of Petro Plast Industries Limited is https://www.petroplast.freeservers.com
What has been the recent revenue trend for Petro Plast Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Petro Plast Industries Limited has risen by 13669.36%.
What change has been observed in the net worth of Petro Plast Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Petro Plast Industries Limited has experienced an upsurge of 13.80%.
What are the total open charges for Petro Plast Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Petro Plast Industries Limited amount to ₹ 116.50 Cr.
When was the last Balance Sheet of Petro Plast Industries Limited filed with the ROC?
The most recent Balance Sheet for Petro Plast Industries Limited was filed with the ROC on 31 Mar 2023.
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