Platinum Alloys Private Limited

Produces ferro silicon with 14,256 MTPA capacity at Naharlagun, Arunachal Pradesh.

2006 | Papum Pare, Arunachal Pradesh (India) | Active
Last Updated: November 16, 2024

Platinum Alloys Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 12.25 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.79 Cr
  • Satisfied Charges ₹ 31.73 Cr
  • Revenue Growth -9.13%
  • Profit Growth -80.83%
  • Ebitda -62.73%
  • Net Worth 8.28%
  • Total Assets 5.63%

About Platinum Alloys

Platinum Alloys Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 April 2006 and has a history of 18 years and ten months. Its registered office is in Papum Pare, Arunachal Pradesh, India.

The Company is engaged in the Metals And Minerals 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 16.00 Cr and a paid-up capital of Rs 12.25 Cr.

The company currently has active open charges totaling ₹50.79 Cr. The company has closed loans amounting to ₹31.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Platinum Alloys Private Limited India are Nirmal Agarwal as CFO and Nagen Adhikary as Company Secretary. Neha Sharma, Rakesh Pareek, Parvesh Sharma, and One other member serve as directors at the Company.

Company Details

  • Location

    Papum Pare, Arunachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    platinumalloys.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27101AR2006PTC008113

  • Company No.

    008113

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Metals and Minerals

Who are the key members and board of directors at Platinum Alloys?

Executive Team (2)

NameDesignationAppointment DateStatus
Nirmal Agarwal Country flag representing In CFO12-Aug-2019Current
Nagen Adhikary Country flag representing In Company Secretary12-Aug-2019Current

Board Members (4)

NameDesignationAppointment DateStatus
Neha Sharma Country flag representing In Director 28-Jun-2024Current
Rakesh Pareek Country flag representing In Director 06-Jun-2019Current
Parvesh Sharma Country flag representing In Whole-Time Director 05-Apr-2024Current
Rama Sharma Country flag representing In Director 14-Nov-2022Current

Financial Performance of Platinum Alloys.

Platinum Alloys Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.13% decrease. The company also saw a substantial fall in profitability, with a 80.83% decrease in profit. The company's net worth moved up by a moderate rise of 8.28%.

Graph illustrating revenue growth over time
Graph showing 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
-9.13%
Revenue from Operations
-9.13%
Total Assets
5.63%
Profit or Loss
-80.83%
Net Worth
8.28%
EBITDA
-62.73%

What is the Ownership and Shareholding Structure of Platinum Alloys?

In 2023, Platinum Alloys had a promoter holding of 69.74% and a public holding of 30.26%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.79 Cr

Satisfied Charges

₹31.73 Cr

Charges Breakdown by Lending Institutions

  • Others : 24.87 Cr
  • Canara Bank : 15.91 Cr
  • Idbi Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Canara Bank₹9.41 CrOpen
31 Oct 2023Others₹4.00 CrOpen
31 Jan 2023Others₹6.03 MOpen
12 Jul 2022Others₹5.00 MOpen
30 Jun 2022Canara Bank₹1.50 CrOpen

How Many Employees Work at Platinum Alloys?

Platinum Alloys has a workforce of 18 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Platinum Alloys, 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 Platinum Alloys'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 Platinum Alloys

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 9.41 Cr with Charge ID 100974011 was registered on 29 Aug 2024.

    29 Aug 2024

  • Charges

    A charge registered on 16 May 2024 via Charge ID 100951190 with Canara Bank was fully satisfied on 23 Aug 2024.

    23 Aug 2024

  • Director Appointment

    Neha Sharma was appointed as a Director was appointed as a Director on 28 Jun 2024 & has been associated with this company since 7 months 26 days .

    28 Jun 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 9.39 Cr with Charge ID 100951190 was registered on 16 May 2024.

    16 May 2024

  • Director Appointment

    Parvesh Sharma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Apr 2024 & has been associated with this company since 10 months 18 days .

    05 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100812789 was registered on 31 Oct 2023.

    31 Oct 2023

Frequently asked questions

  • Platinum Alloys Private Limited was incorporated on 21 Apr 2006.

  • The authorized share capital of Platinum Alloys Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 12.25 Cr.

  • Currently 6 directors are associated with Platinum Alloys Private Limited.

    • Neha Sharma
    • Rakesh Kumar Pareek
    • Parvesh Sharma
    • Nirmal Kumar Agarwal
    • Nagen Chandra Adhikary
    • Rama Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Platinum Alloys Private Limited is A - Sector, Papumpare District India, Naharlagun, Arunachal Pradesh, 791110.

  • The corporate identification number (CIN) of Platinum Alloys Private Limited is U27101AR2006PTC008113 and the company number is 008113 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Platinum Alloys Private Limited is https://www.platinumalloys.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Platinum Alloys Private Limited has fallen by -9.13%.

  • As Per 2023 financial reports, 18 employees are currently employed by Platinum Alloys Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Platinum Alloys Private Limited has experienced an upsurge of 8.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Platinum Alloys Private Limited amount to ₹ 50.79 Cr.

  • The most recent Balance Sheet for Platinum Alloys Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Metal Manufacturing & Processing