Plasweave Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 4.90 M
- Company Age 41 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 36.17 Cr
- Revenue Growth -41.20%
- Profit Growth 50.63%
- Ebitda 104.24%
- Net Worth -47.52%
- Total Assets -6.59%
About Plasweave
Plasweave Private Limited (PPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 March 1983 and has a history of 41 years and 11 months. Its registered office is in Tirunelveli, Tamil Nadu, 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 7.50 M and a paid-up capital of Rs 4.90 M.
The company has closed loans amounting to ₹36.17 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Subramani Raman and Eswaran Subrmani serve as directors at the Company.
Company Details
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Location
Tirunelveli, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U25209TN1983PTC009889
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Company No.
009889
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Mar 1983
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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 Chennai
Industry
What products or services does Plasweave Private Limited offer?
Plasweave Private Limited offers a wide range of products and services, including Bulk Bags & Sacks, Jumbo Bags, Woven Sacks, Food Packaging Materials & Supplies, Mesh Bags.
Who are the key members and board of directors at Plasweave?
Board Members (2)
| Name | Designation | Appointment Date | Status |
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Subramani Raman
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Director | 05-Mar-1983 | Current |
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Eswaran Subrmani
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Director | 22-Nov-2021 | Current |
Financial Performance of Plasweave.
Plasweave Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 41.2% decrease. The company also saw a substantial improvement in profitability, with a 50.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 47.52%.
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What is the Ownership and Shareholding Structure of Plasweave?
In 2020, Plasweave had a promoter holding of 100.00%. 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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Pact Machines Private LimitedSubramani Raman is a mutual person
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Premier Sacks Private LimitedSubramani Raman and Eswaran Subrmani are mutual person
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Reliance Plastics Private Limited
Subramani Raman and Eswaran Subrmani are mutual person
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Premier Packo Plast Private Limited
Subramani Raman and Eswaran Subrmani are mutual person
Charges (Loans)
₹0
₹361.66 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 16.39 Cr
- Others : 6.73 Cr
- Axis Bank Limited : 5.00 Cr
- State Bank Of India : 4.08 Cr
- Sbi Factors And Commercial Services Private Limited : 1.67 Cr
- Others : 2.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Mar 2021 | City Union Bank Limited | ₹8.40 M | Satisfied |
| 02 Jul 2020 | City Union Bank Limited | ₹1.55 Cr | Satisfied |
| 05 Sep 2019 | City Union Bank Limited | ₹8.00 Cr | Satisfied |
| 30 Dec 2015 | Others | ₹6.73 Cr | Satisfied |
| 15 Apr 2015 | City Union Bank Limited | ₹1.00 Cr | Satisfied |
How Many Employees Work at Plasweave?
Plasweave has a workforce of 25 employees as of Mar 31, 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 Plasweave, 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 Plasweave'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.
