Platinum Fabrics Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 7.50 Cr
- Company Age 19 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.13 Cr
- Satisfied Charges ₹ 51.41 Cr
- Revenue Growth 17.90%
- Profit Growth -69.32%
- Ebitda -12.43%
- Net Worth 7.88%
- Total Assets 2.84%
About Platinum Fabrics
Platinum Fabrics Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 2005 and has a history of 19 years and four months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as D.K. Apparels Industries Private Limited. The Company is engaged in the Manufacturing 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 Cr and a paid-up capital of Rs 7.50 Cr.
The company currently has active open charges totaling ₹12.13 Cr. The company has closed loans amounting to ₹51.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dilip Karania, Khirish Karania, Praful Karania, and One other member serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29264MH2005PTC157101
- Company No.
157101
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Oct 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
Who are the key members and board of directors at Platinum Fabrics?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parin Karania  | Director | 27-Oct-2012 | Current |
| Dilip Karania | Director | 27-Oct-2005 | Current |
| Khirish Karania | Director | 27-Oct-2005 | Current |
| Praful Karania | Director | 27-Oct-2005 | Current |
Financial Performance of Platinum Fabrics.
Platinum Fabrics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.9% increase. The company also saw a substantial fall in profitability, with a 69.32% decrease in profit. The company's net worth moved up by a moderate rise of 7.88%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Platinum Fabrics?
In 2023, Platinum Fabrics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹12.13 Cr
Satisfied Charges
₹51.41 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 11.98 Cr
- Bank Of India : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2023 | Bank Of India | ₹1.47 M | Open |
| 20 Jan 2023 | State Bank Of India | ₹11.98 Cr | Open |
| 04 Mar 2022 | State Bank Of India | ₹7.40 M | Satisfied |
| 26 Jun 2020 | State Bank Of India | ₹1.85 Cr | Satisfied |
| 19 Sep 2018 | State Bank Of India | ₹3.70 Cr | Satisfied |
How Many Employees Work at Platinum Fabrics?
Platinum Fabrics has a workforce of 200 employees as of Apr 06, 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 Platinum Fabrics, 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 Fabrics'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.