Plasweave Private Limited

Manufactures and trades PP/HDPE woven sacks for industrial packaging, including jumbo and leno bags.

1983 | Tirunelveli, Tamil Nadu (India) | Active
Last Updated:

Plasweave Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 4.90 M
  • Company Age 42 Year, 11 Days
  • 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 42 years. 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

  • Location

    Tirunelveli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209TN1983PTC009889

  • Company No.

    009889

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Mar 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Packaging

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.

Company report

Plasweave Private Limited

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

Who are the key members and board of directors at Plasweave?

Board Members (2)

NameDesignationAppointment DateStatus
Subramani Raman Country flag representing In Director 05-Mar-1983Current
Eswaran Subrmani Country flag representing In Director 22-Nov-2021Current

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%.

Plasweave revenue growth over time
Plasweave 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
-41.20%
Revenue from Operations
-31.43%
Total Assets
-6.59%
Profit or Loss
50.63%
Net Worth
-47.52%
EBITDA
104.24%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
03 Mar 2021City Union Bank Limited₹8.40 MSatisfied
02 Jul 2020City Union Bank Limited₹1.55 CrSatisfied
05 Sep 2019City Union Bank Limited₹8.00 CrSatisfied
30 Dec 2015Others₹6.73 CrSatisfied
15 Apr 2015City Union Bank Limited₹1.00 CrSatisfied

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.

Employee growth trends for Plasweave Private Limited

Deals i

Graph showing company valuation over time

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

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 Plasweave

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Plasweave Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 03 Mar 2021 via Charge ID 100449638 with City Union Bank Limited was fully satisfied on 07 Aug 2023.

  • Charges

    A charge registered on 02 Jul 2020 via Charge ID 100365378 with City Union Bank Limited was fully satisfied on 07 Aug 2023.

  • Charges

    A charge registered on 05 Sep 2019 via Charge ID 100291544 with City Union Bank Limited was fully satisfied on 07 Aug 2023.

  • Director Appointment

    Eswaran Subrmani was appointed as a Director was appointed as a Director on 22 Nov 2021 & has been associated with this company since 3 years 3 months .

Frequently asked questions

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

    Plasweave Private Limited was incorporated on 05 Mar 1983.

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

    The authorized share capital of Plasweave Private Limited is ₹ 7.50 M and paid-up capital is ₹ 4.90 M.

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

    Currently 2 directors are associated with Plasweave Private Limited.

    • Subramani Raman
    • Eswaran Subrmani

  • What is the registered address of Plasweave Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Plasweave Private Limited is 9 Tenkasi Road Shencottah India, Shencottah 627809, Tamil Nadu.

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

    The corporate identification number (CIN) of Plasweave Private Limited is U25209TN1983PTC009889 and the company number is 009889 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Plasweave Private Limited has fallen by -41.20%.

  • How many employees does Plasweave Private Limited currently have?

    As Per 2022 financial reports, 25 employees are currently employed by Plasweave Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Plasweave Private Limited has experienced an downturn of -47.52%.

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

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed