Placebo Fabtech Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.00 Cr
- Company Age 6 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.06 Cr
- Satisfied Charges ₹ 3.89 M
- Revenue Growth 45.07%
- Profit Growth 73.95%
- Ebitda 43.89%
- Net Worth 27.13%
- Total Assets 31.98%
About Placebo Fabtech
Placebo Fabtech Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 December 2018 (Six years and four months 24 days old ). Its registered office is in Medak, Telangana, India.
The Company is engaged in the Engineering 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 10.00 Cr and a paid-up capital of Rs 9.00 Cr.
The company currently has active open charges totaling ₹25.06 Cr. The company has closed loans amounting to ₹3.89 M, as per Ministry of Corporate Affairs (MCA) records.
Ranjay Goel, Churukanti Reddy, and Churukanti Reddy serve as directors at the Company.
Company Details
- Location
Medak, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28998TG2018PTC129270
- Company No.
129270
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Dec 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Engineering
Placebo Fabtech Private Limited
Explore comprehensive data for Placebo Fabtech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Placebo Fabtech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Churukanti Reddy  | Managing Director | 21-Dec-2018 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ranjay Goel | Director | 23-Dec-2021 | Current |
| Churukanti Reddy | Director | 22-Aug-2019 | Current |
Financial Performance of Placebo Fabtech.
Placebo Fabtech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 45.07% increase. The company also saw a substantial improvement in profitability, with a 73.95% increase in profit. The company's net worth Soared by an impressive increase of 27.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Placebo Fabtech?
In 2022, Placebo Fabtech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Bmd Industrial Steels Private LimitedRanjay Goel is a mutual person
Bmd Estates LlpRanjay Goel is a mutual person
- Triaksha Avenues Llp
Ranjay Goel is a mutual person
- Bhagyanagar Avenues Private Limited
Ranjay Goel is a mutual person
Charges (Loans)
Open Charges
₹25.06 Cr
Satisfied Charges
₹0.39 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 24.01 Cr
- Hdfc Bank Limited : 1.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Aug 2023 | Hdfc Bank Limited | ₹1.05 Cr | Open |
| 28 Jun 2021 | Canara Bank | ₹9.10 M | Open |
| 21 Oct 2019 | Canara Bank | ₹23.10 Cr | Open |
| 30 Sep 2021 | Axis Bank Limited | ₹2.14 M | Satisfied |
| 02 Sep 2021 | Axis Bank Limited | ₹1.76 M | Satisfied |
How Many Employees Work at Placebo Fabtech?
Placebo Fabtech has a workforce of 17 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Placebo Fabtech, 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 Placebo Fabtech'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 Placebo Fabtech
Recent activity within the organization
- Charges
A charge registered on 30 Sep 2021 via Charge ID 100492184 with Axis Bank Limited was fully satisfied on 03 Jan 2024.
- Charges
A charge registered on 02 Sep 2021 via Charge ID 100485783 with Axis Bank Limited was fully satisfied on 03 Jan 2024.
- Annual General Meeting
Placebo Fabtech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Canara Bank of Rs. 23.10 Cr registered on 21 Oct 2019 with Charge ID 100297626 was modified on 10 Sep 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.05 Cr with Charge ID 100804066 was registered on 11 Aug 2023.
- Balance Sheet
Placebo Fabtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
Frequently asked questions
What is the Incorporation or founding date of Placebo Fabtech Private Limited?
Placebo Fabtech Private Limited was incorporated on 21 Dec 2018.
What is authorized share capital and paid-up capital of Placebo Fabtech Private Limited?
The authorized share capital of Placebo Fabtech Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.00 Cr.
Who are the current board members & directors of Placebo Fabtech Private Limited?
Currently 3 directors are associated with Placebo Fabtech Private Limited.
- Ranjay Goel
- Churukanti Chandra Shekar Reddy
- Churukanti Vikas Reddy
What is the registered address of Placebo Fabtech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Placebo Fabtech Private Limited is Plot No. 17 Tsiic Automotive Park Sy 148 Kallakal Village, Toopran Mandal India, Hyderabad, Telangana, 502336.
What is the corporate identification number (CIN) and company number of Placebo Fabtech Private Limited?
The corporate identification number (CIN) of Placebo Fabtech Private Limited is U28998TG2018PTC129270 and the company number is 129270 as per Ministry of Corporate Affairs (MCA).
What is the official website of Placebo Fabtech Private Limited?
The Official website of Placebo Fabtech Private Limited is https://www.placebofabtech.com
What has been the recent revenue trend for Placebo Fabtech Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Placebo Fabtech Private Limited has risen by 45.07%.
How many employees does Placebo Fabtech Private Limited currently have?
As Per 2022 financial reports, 17 employees are currently employed by Placebo Fabtech Private Limited.
What change has been observed in the net worth of Placebo Fabtech Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Placebo Fabtech Private Limited has experienced an upsurge of 27.13%.
What are the total open charges for Placebo Fabtech Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Placebo Fabtech Private Limited amount to ₹ 25.06 Cr.
When was the last Balance Sheet of Placebo Fabtech Private Limited filed with the ROC?
The most recent Balance Sheet for Placebo Fabtech Private Limited was filed with the ROC on 31 Mar 2023.
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