Plaspack Synthetics Private Limited

Produces HDPE and PP woven sacks and fabrics for various industries.

2005 | Naranpura Ahmedabad 13, Gujarat (India) | Active
Last Updated:

Plaspack Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.97 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.50 Cr
  • Satisfied Charges ₹ 3.15 Cr
  • Revenue Growth -25.73%
  • Profit Growth -43.69%
  • Ebitda -114.14%
  • Net Worth 6.93%
  • Total Assets 5.32%

About Plaspack Synthetics

Plaspack Synthetics Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 2005 and has a history of 19 years and four months. Its registered office is in Naranpura, Ahmedabad 13, Gujarat.

The Company is engaged in the Packaging 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 7.00 M and a paid-up capital of Rs 6.97 M.

The company currently has active open charges totaling ₹7.50 Cr. The company has closed loans amounting to ₹3.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kantibhai Patel and Mitesh Patel serve as directors at the Company.

Company Details

  • Location Naranpura, Ahmedabad 13, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ2005PTC047216

  • Company No.

    047216

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2005

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Plaspack Synthetics Private Limited offer?

Plaspack Synthetics Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, HDPE Fabric, Woven Sacks, HDPE Woven Sacks, Jumbo Bags, Polypropylene Bulk Bags, Agricultural Bags, Fertilizer Bag, Bulk Bags & Sacks, Woven Bags.

Company report

Plaspack Synthetics Private Limited

Explore comprehensive data for Plaspack Synthetics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Plaspack Synthetics?

Board Members (2)

NameDesignationAppointment DateStatus
Kantibhai Patel Country flag representing In Director 07-Dec-2005Current
Mitesh Patel Country flag representing In Director 01-Nov-2008Current

Financial Performance of Plaspack Synthetics.

Plaspack Synthetics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.73% decrease. The company also saw a substantial fall in profitability, with a 43.69% decrease in profit. The company's net worth moved up by a moderate rise of 6.93%.

Plaspack Synthetics revenue growth over time
Plaspack Synthetics 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
-25.73%
Revenue from Operations
-26.00%
Total Assets
5.32%
Profit or Loss
-43.69%
Net Worth
6.93%
EBITDA
-114.14%

What is the Ownership and Shareholding Structure of Plaspack Synthetics?

In 2023, Plaspack Synthetics had a promoter holding of 84.93% and a public holding of 15.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.95 M

Satisfied Charges

₹31.50 M

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 4.38 Cr
  • Axis Bank Limited : 3.12 Cr

Latest Charge Details

DateLenderAmountStatus
04 Feb 2013Axis Bank Limited₹3.12 CrOpen
31 May 2006Central Bank Of India₹1.75 CrOpen
31 May 2006Central Bank Of India₹2.63 CrOpen
21 Jul 2009Central Bank Of India₹1.90 CrSatisfied
31 May 2006Central Bank Of India₹1.25 CrSatisfied

How Many Employees Work at Plaspack Synthetics?

Plaspack Synthetics has a workforce of 24 employees as of Apr 05, 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.

Employee growth trends for Plaspack Synthetics Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Plaspack Synthetics, 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 Plaspack Synthetics'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 Plaspack Synthetics

Recent activity within the organization

  • Annual General Meeting

    Plaspack Synthetics Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Plaspack Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited of Rs. 31.15 M registered on 04 Feb 2013 with Charge ID 10415596 was modified on 18 Oct 2016.

  • Charges

    A charge registered on 21 Jul 2009 via Charge ID 10175087 with Central Bank Of India was fully satisfied on 11 Apr 2013.

  • Charges

    A charge registered on 31 May 2006 via Charge ID 10007790 with Central Bank Of India was fully satisfied on 11 Apr 2013.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 31.15 M with Charge ID 10415596 was registered on 04 Feb 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Plaspack Synthetics Private Limited?

    Plaspack Synthetics Private Limited was incorporated on 07 Dec 2005.

  • What is authorized share capital and paid-up capital of Plaspack Synthetics Private Limited?

    The authorized share capital of Plaspack Synthetics Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.97 M.

  • Who are the current board members & directors of Plaspack Synthetics Private Limited?

    Currently 2 directors are associated with Plaspack Synthetics Private Limited.

    • Kantibhai Ishvardas Patel
    • Mitesh Kantibhai Patel

  • What is the registered address of Plaspack Synthetics Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Plaspack Synthetics Private Limited is 24 Viveknagar Society Vijay Cross Road, India, Naranpura Ahmedabad 13, Gujarat.

  • What is the corporate identification number (CIN) and company number of Plaspack Synthetics Private Limited?

    The corporate identification number (CIN) of Plaspack Synthetics Private Limited is U25200GJ2005PTC047216 and the company number is 047216 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Plaspack Synthetics Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Plaspack Synthetics Private Limited has fallen by -25.73%.

  • How many employees does Plaspack Synthetics Private Limited currently have?

    As Per 2023 financial reports, 24 employees are currently employed by Plaspack Synthetics Private Limited.

  • What change has been observed in the net worth of Plaspack Synthetics Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Plaspack Synthetics Private Limited has experienced an upsurge of 6.93%.

  • What are the total open charges for Plaspack Synthetics Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Plaspack Synthetics Private Limited amount to ₹ 7.50 Cr.

  • When was the last Balance Sheet of Plaspack Synthetics Private Limited filed with the ROC?

    The most recent Balance Sheet for Plaspack Synthetics Private Limited was filed with the ROC on 31 Mar 2024.

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