Plastene Polyfilms Limited

Manufactures and trades FIBC and plastic packaging products, part of Champalal group, founded in 2009.

2009 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Plastene Polyfilms Profile

Key Indicators

  • Authorised Capital ₹ 3.02 Cr
  • Paid Up Capital ₹ 6.91 M
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 three 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 2024. 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.

Rajesh Nair, Makarand Deorankar, Meenu Maheshwari, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hpbl.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ2009PLC058586

  • Company No.

    058586

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

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)

NameDesignationAppointment DateStatus
Pritesh Parekh Country flag representing In Managing Director12-Apr-2010Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajesh Nair Country flag representing In Director 28-Jul-2023Current
Makarand Deorankar Country flag representing In Whole-Time Director 05-Feb-2016Current
Meenu Maheshwari Country flag representing In Director 27-May-2022Current
Kushalraj Parekh Country flag representing In Director 12-Apr-2010Current
Mahavirkumar Parekh Country flag representing In Director 12-Apr-2010Current

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%.

Plastene Polyfilms revenue growth over time
Plastene Polyfilms 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
-15.84%
Revenue from Operations
-15.82%
Total Assets
-3.61%
Profit or Loss
73.48%
Net Worth
16.85%
EBITDA
28.68%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.11 Cr

Satisfied Charges

₹29.29 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 40.80 Cr
  • Hdfc Bank Limited : 0.31 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2023Hdfc Bank Limited₹1.20 MOpen
26 Jul 2022Hdfc Bank Limited₹1.92 MOpen
31 Mar 2022Karnataka Bank Ltd.₹40.80 CrOpen
23 Sep 2010State Bank Of India₹29.29 CrSatisfied

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.

Employee growth trends for Plastene Polyfilms Limited

Deals i

Graph showing company valuation over time

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

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 Plastene Polyfilms

Recent activity within the organization

  • Annual General Meeting

    Plastene Polyfilms Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Plastene Polyfilms Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100852833 was registered on 27 Dec 2023.

  • Director Appointment

    Rajesh M K Nair was appointed as a Director was appointed as a Director on 28 Jul 2023 & has been associated with this company since 1 year 7 months .

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 40.80 Cr registered on 31 Mar 2022 with Charge ID 100565742 was modified on 17 Feb 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100633747 was registered on 26 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Plastene Polyfilms Limited?

    Plastene Polyfilms Limited was incorporated on 16 Nov 2009.

  • What is authorized share capital and paid-up capital of Plastene Polyfilms Limited?

    The authorized share capital of Plastene Polyfilms Limited is ₹ 3.02 Cr and paid-up capital is ₹ 6.91 M.

  • Who are the current board members & directors of Plastene Polyfilms Limited?

    Currently 6 directors are associated with Plastene Polyfilms Limited.

    • Rajesh M K Nair
    • Makarand Krishnarao Deorankar
    • Meenu Maheshwari
    • Kushalraj Parekh
    • Mahavirkumar Ratanlal Parekh
    • Pritesh Khushalraj Parekh

  • What is the registered address of Plastene Polyfilms Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Plastene Polyfilms Limited is H. B. Jirawla House 13 Navbharat Society Opp. Panchshil Bus-Stop, Usmanpura India, Ahmedabad, Gujarat, 380013.

  • What is the corporate identification number (CIN) and company number of Plastene Polyfilms Limited?

    The corporate identification number (CIN) of Plastene Polyfilms Limited is U25200GJ2009PLC058586 and the company number is 058586 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Plastene Polyfilms Limited?

    The Official website of Plastene Polyfilms Limited is https://www.hpbl.in

  • What has been the recent revenue trend for Plastene Polyfilms Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Plastene Polyfilms Limited has fallen by -15.84%.

  • How many employees does Plastene Polyfilms Limited currently have?

    As Per 2023 financial reports, 114 employees are currently employed by Plastene Polyfilms Limited.

  • What change has been observed in the net worth of Plastene Polyfilms Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Plastene Polyfilms Limited has experienced an upsurge of 16.85%.

  • What are the total open charges for Plastene Polyfilms Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Plastene Polyfilms Limited amount to ₹ 41.11 Cr.

  • When was the last Balance Sheet of Plastene Polyfilms Limited filed with the ROC?

    The most recent Balance Sheet for Plastene Polyfilms Limited was filed with the ROC on 31 Mar 2024.

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