Platinum Holdings Private Limited

Constructs and leases commercial buildings in Chennai, Tamil Nadu since 2006.

2006 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Platinum Holdings Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 16.02 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 350.00 Cr
  • Satisfied Charges ₹ 898.80 Cr
  • Revenue Growth 11.40%
  • Profit Growth 122.67%
  • Ebitda -2.10%
  • Net Worth 40.16%
  • Total Assets -2.02%

About Platinum Holdings

Platinum Holdings Private Limited (PHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 April 2006 and has a history of 18 years and nine months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Real Estate And Construction 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 20.00 Cr and a paid-up capital of Rs 16.02 Cr.

The company currently has active open charges totaling ₹350.00 Cr. The company has closed loans amounting to ₹898.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Yerram Vikranthreddy and Apoorva Yerram serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202TN2006PTC059598

  • Company No.

    059598

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 2006

  • Date of AGM

    16 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

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

Board Members (2)

Name Designation Appointment Date Status
Yerram Vikranthreddy Country flag representing In Additional Director 22-Aug-2023 Current
Apoorva Yerram Country flag representing In Additional Director 22-Aug-2023 Current

Financial Performance of Platinum Holdings.

Platinum Holdings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.4% increase. The company also saw a substantial improvement in profitability, with a 122.67% increase in profit. The company's net worth Soared by an impressive increase of 40.16%.

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
11.40%
Revenue from Operations
9.91%
Total Assets
-2.02%
Profit or Loss
122.67%
Net Worth
40.16%
EBITDA
-2.10%

What is the Ownership and Shareholding Structure of Platinum Holdings?

In 2023, Platinum Holdings 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

₹350.00 Cr

Satisfied Charges

₹898.80 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 350.00 Cr

Latest Charge Details

Date Lender Amount Status
22 Sep 2023 Idbi Trusteeship Services Limited ₹350.00 Cr Open
28 Jun 2019 Others ₹371.80 Cr Satisfied
06 Apr 2017 Others ₹359.00 Cr Satisfied
05 Dec 2007 Bank Of India ₹41.00 Cr Satisfied
05 Aug 2006 Canara Bank ₹127.00 Cr Satisfied

How Many Employees Work at Platinum Holdings?

Unlock and access historical data on people associated with Platinum Holdings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 350.00 Cr with Charge ID 100795385 was registered on 22 Sep 2023.

    22 Sep 2023

  • Charges

    A charge registered on 28 Jun 2019 via Charge ID 100280648 with Others was fully satisfied on 29 Aug 2023.

    29 Aug 2023

  • Director Appointment

    Yerram Vikranthreddy was appointed as a Additional Director was appointed as a Additional Director on 22 Aug 2023 & has been associated with this company since 1 year 5 months .

    22 Aug 2023

  • Director Appointment

    Apoorva Reddy Yerram was appointed as a Additional Director was appointed as a Additional Director on 22 Aug 2023 & has been associated with this company since 1 year 5 months .

    22 Aug 2023

  • Annual General Meeting

    Platinum Holdings Private Limited last Annual general meeting of members was held on 16 Aug 2023 as per latest MCA records.

    16 Aug 2023

  • Balance Sheet

    Platinum Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

Frequently asked questions

  • Platinum Holdings Private Limited was incorporated on 24 Apr 2006.

  • The authorized share capital of Platinum Holdings Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 16.02 Cr.

  • Currently 2 directors are associated with Platinum Holdings Private Limited.

    • Yerram Vikranthreddy
    • Apoorva Reddy Yerram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Platinum Holdings Private Limited is 2/1 Abugarden Omr ( Rajiv Gandhi Salai) Navalur, India, Chennai, Tamil Nadu, 603103.

  • The corporate identification number (CIN) of Platinum Holdings Private Limited is U45202TN2006PTC059598 and the company number is 059598 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Platinum Holdings Private Limited has risen by 11.40%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Platinum Holdings Private Limited has experienced an upsurge of 40.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Platinum Holdings Private Limited amount to ₹ 350.00 Cr.

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

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