Picasso Flexibles Limited

Manufactures and trades various substances and materials, including plastics and flexible packaging.

2015 | Mumbai, Maharashtra (India) | Active
Last Updated:

Picasso Flexibles Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,189.44 Cr
  • Revenue Growth %
  • Profit Growth 150.44%
  • Ebitda
  • Net Worth 1823.49%
  • Total Assets 9.86%

About Picasso Flexibles

Picasso Flexibles Limited (PFL) is a Public Limited Indian Non-Government Company incorporated in India on 15 June 2015 (Nine years and eight months 25 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Paper 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1,189.44 Cr.

Sumant Singhal, Jaiprakash Chiripal, and Jyotiprasad Chiripal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U21020MH2015PLC265556

  • Company No.

    265556

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Paper

Who are the key members and board of directors at Picasso Flexibles?

Board Members (3)

NameDesignationAppointment DateStatus
Sumant Singhal Country flag representing In Director 15-Jun-2015Current
Jyotiprasad Chiripal Country flag representing In Director 03-Aug-2016Current
Jaiprakash Chiripal Country flag representing In Director 15-Jun-2015Current

Financial Performance of Picasso Flexibles.

Picasso Flexibles Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 150.44% increase in profit. The company's net worth Soared by an impressive increase of 1823.49%.

Picasso Flexibles revenue growth over time
Picasso Flexibles 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
Revenue from Operations
Total Assets
9.86%
Profit or Loss
150.44%
Net Worth
1823.49%
EBITDA

What is the Ownership and Shareholding Structure of Picasso Flexibles?

In 2023, Picasso Flexibles 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

₹11,894.38 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1189.44 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2020Others₹8.74 CrOpen
13 Sep 2019Others₹1,180.70 CrOpen

How Many Employees Work at Picasso Flexibles?

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

Employee growth trends for Picasso Flexibles Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Picasso Flexibles, 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 Picasso Flexibles'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 Picasso Flexibles

Recent activity within the organization

  • Annual General Meeting

    Picasso Flexibles Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Picasso Flexibles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 87.35 M registered on 20 Jan 2020 with Charge ID 100320332 was modified on 23 Jan 2024.

  • Charges

    A charge with Others of Rs. 11,807.03 M registered on 13 Sep 2019 with Charge ID 100292152 was modified on 12 Nov 2020.

  • Charges

    A charge with Others amounted to Rs. 87.35 M with Charge ID 100320332 was registered on 20 Jan 2020.

  • Charges

    A charge with Others amounted to Rs. 11,807.03 M with Charge ID 100292152 was registered on 13 Sep 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Picasso Flexibles Limited?

    Picasso Flexibles Limited was incorporated on 15 Jun 2015.

  • What is authorized share capital and paid-up capital of Picasso Flexibles Limited?

    The authorized share capital of Picasso Flexibles Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Picasso Flexibles Limited?

    Currently 3 directors are associated with Picasso Flexibles Limited.

    • Sumant Singhal
    • Jaiprakash Devkinandan Chiripal
    • Jyotiprasad Devkinandan Chiripal

  • What is the registered address of Picasso Flexibles Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Picasso Flexibles Limited is 109/110 Penunsula Centre Dr. S. Rao Road Parel, India, Mumbai, Maharashtra, 400012.

  • What is the corporate identification number (CIN) and company number of Picasso Flexibles Limited?

    The corporate identification number (CIN) of Picasso Flexibles Limited is U21020MH2015PLC265556 and the company number is 265556 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Picasso Flexibles Limited?

    The Official website of Picasso Flexibles Limited is https://www.chiripalgroup.com

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Picasso Flexibles Limited has experienced an upsurge of 1823.49%.

  • What are the total open charges for Picasso Flexibles Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Picasso Flexibles Limited amount to ₹ 1,189.44 Cr.

  • When was the last Balance Sheet of Picasso Flexibles Limited filed with the ROC?

    The most recent Balance Sheet for Picasso Flexibles Limited was filed with the ROC on 31 Mar 2024.

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