Placid Profile
Key Indicators
- Authorised Capital ₹ 31.05 Cr
- Paid Up Capital ₹ 5.37 Cr
- Company Age 78 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 223.88 Cr
- Satisfied Charges ₹ 348.95 Cr
- Revenue Growth -12.99%
- Profit Growth -27.41%
- Ebitda -11.70%
- Net Worth 5.69%
- Total Assets 8.29%
About Placid
Placid Limited (PL) was founded in India on 31 July 1946 and has a glorious history of 78 years and eight months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Placid Private Limited. The Company is engaged in the Financial Services 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 31.05 Cr and a paid-up capital of Rs 5.37 Cr.
The company currently has active open charges totaling ₹223.88 Cr. The company has closed loans amounting to ₹348.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Placid Limited India is Atul Tiwari as COMPANY SECRETARY. Sheetal Bangur, Lakshmi Bangur, Bhaskar Banerjee, and Three other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140WB1946PLC014233
- Company No.
014233
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Jul 1946
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Financial Services
Placid Limited
Explore comprehensive data for Placid Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Placid?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yogesh Bangur  | Managing Director | 31-Mar-2015 | Current |
| Atul Tiwari | Company Secretary | 09-Aug-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sheetal Bangur | Director | 06-Apr-2012 | Current |
| Lakshmi Bangur | Director | 02-Sep-1992 | Current |
| Bhaskar Banerjee | Director | 26-Mar-2018 | Current |
| Amit Mehta | Director | 16-Jan-2023 | Current |
| Ramavtar Holani | Director | 23-Apr-2022 | Current |
Financial Performance of Placid.
Placid Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 12.99% decrease. The company also saw a substantial fall in profitability, with a 27.41% decrease in profit. The company's net worth moved up by a moderate rise of 5.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Placid?
In 2022, Placid had a promoter holding of 92.96% and a public holding of 7.05%. The company had 6 Subsidiaries and 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Peria Karamalai Tea And Produce Company LimitedLakshmi Bangur is a mutual person
Maharaja Shree Umaid Mills LimitedLakshmi Bangur, Amit Mehta and 2 more are mutual person
Lnb Renewable Energy LimitedSheetal Bangur, Amit Mehta and 2 more are mutual person
Navjyoti Commodity Management Services LimitedBhaskar Banerjee is a mutual person
- Kiran Vyapar Ltd.
Sheetal Bangur, Lakshmi Bangur and 1 more are mutual person
- Palimarwar Solar Project Private Limited
Sheetal Bangur and Yogesh Bangur are mutual person
Charges (Loans)
Open Charges
₹223.88 Cr
Satisfied Charges
₹348.95 Cr
Charges Breakdown by Lending Institutions
- Others : 222.11 Cr
- Hdfc Bank Limited : 1.77 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2024 | Others | ₹100.00 Cr | Open |
| 09 Feb 2024 | Others | ₹5.30 M | Open |
| 31 Mar 2023 | Hdfc Bank Limited | ₹1.77 Cr | Open |
| 31 Jul 2022 | Others | ₹1.28 M | Open |
| 20 Jul 2021 | Others | ₹1.45 Cr | Open |
How Many Employees Work at Placid?
Placid has a workforce of 26 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 Placid, 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 Placid'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 Placid
Recent activity within the organization
- Annual General Meeting
Placid Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 15 Feb 2022 via Charge ID 100545917 with Others was fully satisfied on 25 Sep 2024.
- Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100989000 was registered on 23 Sep 2024.
- Balance Sheet
Placid Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Others amounted to Rs. 0.53 Cr with Charge ID 100868658 was registered on 09 Feb 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.77 Cr with Charge ID 100714914 was registered on 31 Mar 2023.
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Frequently asked questions
What is the Incorporation or founding date of Placid Limited?
Placid Limited was incorporated on 31 Jul 1946.
What is authorized share capital and paid-up capital of Placid Limited?
The authorized share capital of Placid Limited is ₹ 31.05 Cr and paid-up capital is ₹ 5.37 Cr.
Who are the current board members & directors of Placid Limited?
Currently 7 directors are associated with Placid Limited.
- Sheetal Bangur
- Lakshmi Niwas Bangur
- Bhaskar Banerjee
- Amit Mehta
- Yogesh Bangur
- Ramavtar Holani
- Atul Krishna Tiwari
What is the registered address of Placid Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Placid Limited is 7 Munshi Premchand Sarani, India, Kolkata, West Bengal, 700022.
What is the corporate identification number (CIN) and company number of Placid Limited?
The corporate identification number (CIN) of Placid Limited is U74140WB1946PLC014233 and the company number is 014233 as per Ministry of Corporate Affairs (MCA).
What is the official website of Placid Limited?
The Official website of Placid Limited is https://www.lnbgroup.com
What has been the recent revenue trend for Placid Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Placid Limited has fallen by -12.99%.
How many employees does Placid Limited currently have?
As Per 2022 financial reports, 26 employees are currently employed by Placid Limited.
What change has been observed in the net worth of Placid Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Placid Limited has experienced an upsurge of 5.69%.
What are the total open charges for Placid Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Placid Limited amount to ₹ 223.88 Cr.
When was the last Balance Sheet of Placid Limited filed with the ROC?
The most recent Balance Sheet for Placid Limited was filed with the ROC on 31 Mar 2024.
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