Plaspack Synthetics Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 6.97 M
- Company Age 19 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- 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 two months. Its registered office is in Naranpura, Ahmedabad 13, Gujarat, India.
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 2023. 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
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Location
Naranpura, Ahmedabad 13, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U25200GJ2005PTC047216
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Company No.
047216
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Dec 2005
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Plaspack Synthetics?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kantibhai Patel
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Director | 07-Dec-2005 | Current |
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Mitesh Patel
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Director | 01-Nov-2008 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Bhavesh Polypack Private LimitedKantibhai Patel and Mitesh Patel are mutual person
Charges (Loans)
₹74.95 M
₹31.50 M
Charges Breakdown by Lending Institutions
- Central Bank Of India : 4.38 Cr
- Axis Bank Limited : 3.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2013 | Axis Bank Limited | ₹3.12 Cr | Open |
| 31 May 2006 | Central Bank Of India | ₹1.75 Cr | Open |
| 31 May 2006 | Central Bank Of India | ₹2.63 Cr | Open |
| 21 Jul 2009 | Central Bank Of India | ₹1.90 Cr | Satisfied |
| 31 May 2006 | Central Bank Of India | ₹1.25 Cr | Satisfied |
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.
Deals i
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
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.
