Plastene Polyfilms Profile
Key Indicators
- Authorised Capital ₹ 3.02 Cr
- Paid Up Capital ₹ 6.91 M
- Company Age 15 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 41.11 Cr
- Satisfied Charges ₹ 29.29 Cr
- Revenue Growth -15.84%
- Profit Growth 73.48%
- Ebitda 28.68%
- Net Worth 16.85%
- Total Assets -3.61%
About Plastene Polyfilms
Plastene Polyfilms Limited (PPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 November 2009 and has a history of 15 years and two months. Its registered office is in Ahmedabad, 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 3.02 Cr and a paid-up capital of Rs 6.91 M.
The company currently has active open charges totaling ₹41.11 Cr. The company has closed loans amounting to ₹29.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kushalraj Parekh, Pritesh Parekh, Rajesh Nair, and Three other members serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, 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
U25200GJ2009PLC058586
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Company No.
058586
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Nov 2009
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Date of AGM
29 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 Plastene Polyfilms Limited offer?
Plastene Polyfilms Limited offers a wide range of products and services, including Packaging Films & Foils, Plastic Film, Woven Sacks, Polypropylene Woven Sacks, Tarpaulins, HDPE Tarpaulin, Additive Masterbatches, Filler Masterbatch, Filament Yarn, Multifilament Yarn.
Who are the key members and board of directors at Plastene Polyfilms?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pritesh Parekh
|
Managing Director | 12-Apr-2010 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kushalraj Parekh
|
Director | 12-Apr-2010 | Current |
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Rajesh Nair
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Director | 28-Jul-2023 | Current |
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Makarand Deorankar
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Whole-Time Director | 05-Feb-2016 | Current |
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Meenu Maheshwari
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Director | 27-May-2022 | Current |
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Mahavirkumar Parekh
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Director | 12-Apr-2010 | Current |
Financial Performance of Plastene Polyfilms.
Plastene Polyfilms Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.84% decrease. The company also saw a substantial improvement in profitability, with a 73.48% increase in profit. The company's net worth Soared by an impressive increase of 16.85%.
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What is the Ownership and Shareholding Structure of Plastene Polyfilms?
In 2023, Plastene Polyfilms had a promoter holding of 57.15% and a public holding of 42.85%. 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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Palco Metals LimitedMeenu Maheshwari is a mutual person
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K. P. Woven Private LimitedPritesh Parekh, Rajesh Nair and 1 more are mutual person
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Plastene India Limited
Rajesh Nair and Meenu Maheshwari are mutual person
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Hcp Plastene Bulkpack LimitedMeenu Maheshwari is a mutual person
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Krishna Capital And Securities LimitedMeenu Maheshwari is a mutual person
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Oswal Agricomm Private LimitedKushalraj Parekh, Pritesh Parekh and 1 more are mutual person
Charges (Loans)
₹41.11 Cr
₹29.29 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 40.80 Cr
- Hdfc Bank Limited : 0.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2023 | Hdfc Bank Limited | ₹1.20 M | Open |
| 26 Jul 2022 | Hdfc Bank Limited | ₹1.92 M | Open |
| 31 Mar 2022 | Karnataka Bank Ltd. | ₹40.80 Cr | Open |
| 23 Sep 2010 | State Bank Of India | ₹29.29 Cr | Satisfied |
How Many Employees Work at Plastene Polyfilms?
Plastene Polyfilms has a workforce of 114 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 Plastene Polyfilms, 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 Plastene Polyfilms'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.
