Placid Profile
Key Indicators
- Authorised Capital ₹ 31.05 Cr
- Paid Up Capital ₹ 5.37 Cr
- Company Age 78 Year, 6 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 six 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.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U74140WB1946PLC014233
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Company No.
014233
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
31 Jul 1946
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
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
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Director | 16-Jan-2023 | Current |
|
Ramavtar Holani
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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
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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)
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The Peria Karamalai Tea And Produce Company LimitedLakshmi Bangur is a mutual person
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Maharaja Shree Umaid Mills LimitedLakshmi Bangur, Amit Mehta and 2 more are mutual person
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Lnb Renewable Energy LimitedSheetal Bangur, Amit Mehta and 2 more are mutual person
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Navjyoti Commodity Management Services LimitedBhaskar Banerjee is a mutual person
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Kiran Vyapar Ltd.Sheetal Bangur, Lakshmi Bangur and 1 more are mutual person
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Lnb Solar Energy Private Limited
Sheetal Bangur is a mutual person
Charges (Loans)
₹223.88 Cr
₹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.
