Platinum Industries Limited

Produces PVC and CPVC additives for various applications.

2020 | Mumbai, Maharashtra (India) | Active
Last Updated:

Platinum Industries Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 54.92 Cr
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.87 Cr
  • Satisfied Charges ₹ 35.40 Cr
  • Revenue Growth 26.81%
  • Profit Growth 126.79%
  • Ebitda 129.81%
  • Net Worth 178.13%
  • Total Assets 21.16%

About Platinum Industries

Platinum Industries Limited (PIL) is a Public Limited Indian Non-Government Company incorporated in India on 09 July 2020 (Four years and eight months 18 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 60.00 Cr and a paid-up capital of Rs 54.92 Cr.

The company currently has active open charges totaling ₹2.87 Cr. The company has closed loans amounting to ₹35.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Platinum Industries Limited India are Gyandeep Mittal as Cfo, Bhagya Shree as Company Secretary, and Krishnan Bhalaji as Ceo. Samish Dalal, Vijuy Ronjan, Anup Singh, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24299MH2020PLC341637

  • Company No.

    341637

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jul 2020

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

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

Executive Team (4)

NameDesignationAppointment DateStatus
Gyandeep Mittal CFO10-Sep-2024Current
Bhagya Shree Company Secretary01-Nov-2022Current
Krishnan Bhalaji CEO23-Mar-2023Current
Krishna Dushyant Country flag representing In Managing Director20-Dec-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Robin Banerjee Country flag representing In Director 06-Sep-2023Current
Radhakrishnan Iyer Country flag representing In Director 24-Mar-2023Current
Samish Dalal Country flag representing In Director 24-Mar-2023Current
Vijuy Ronjan Country flag representing In Director 24-Mar-2023Current
Anup Singh Country flag representing In Director 14-Apr-2023Current
Parul Rana Country flag representing In Director 09-Jul-2020Current

Financial Performance of Platinum Industries.

Platinum Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.81% increase. The company also saw a substantial improvement in profitability, with a 126.79% increase in profit. The company's net worth Soared by an impressive increase of 178.13%.

Platinum Industries revenue growth over time
Platinum Industries 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
26.81%
Revenue from Operations
27.05%
Total Assets
21.16%
Profit or Loss
126.79%
Net Worth
178.13%
EBITDA
129.81%

What is the Ownership and Shareholding Structure of Platinum Industries?

In 2023, Platinum Industries had a promoter holding of 96.86% and a public holding of 3.14%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.87 Cr

Satisfied Charges

₹35.40 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.07 Cr
  • Hdfc Bank Limited : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2024Others₹9.00 MOpen
02 Jun 2023Hdfc Bank Limited₹8.00 MOpen
11 Oct 2022Others₹1.17 CrOpen
29 Oct 2021Others₹17.70 CrSatisfied
27 Oct 2021Others₹10.00 CrSatisfied

How Many Employees Work at Platinum Industries?

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

Employee growth trends for Platinum Industries Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 27 Oct 2021 via Charge ID 100497234 with Others was fully satisfied on 27 Sep 2024.

  • Director Appointment

    Gyandeep Mittal was appointed as a Cfo was appointed as a Cfo on 10 Sep 2024 & has been associated with this company since 6 months 17 days .

  • Charges

    A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100867812 was registered on 30 Jan 2024.

  • Annual General Meeting

    Platinum Industries Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

  • Director Appointment

    Robin Banerjee was appointed as a Director was appointed as a Director on 06 Sep 2023 & has been associated with this company since 1 year 6 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100739052 was registered on 02 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Platinum Industries Limited?

    Platinum Industries Limited was incorporated on 09 Jul 2020.

  • What is authorized share capital and paid-up capital of Platinum Industries Limited?

    The authorized share capital of Platinum Industries Limited is ₹ 60.00 Cr and paid-up capital is ₹ 54.92 Cr.

  • Who are the current board members & directors of Platinum Industries Limited?

    Currently 10 directors are associated with Platinum Industries Limited.

    • Gyandeep Mittal
    • Bhagya Shree
    • Krishnan Bhalaji
    • Samish Dushyant Dalal
    • Vijuy Ronjan
    • Anup Singh
    • Parul Krishna Rana
    • Krishna Rana Dushyant
    • Radhakrishnan Ramachandra Iyer
    • Robin Banerjee
  • What is the registered address of Platinum Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Platinum Industries Limited is Unit No.841 4Th Floor Solitaire Corporate Park-8 Andheri Kurla Road (E), India, Mumbai, Maharashtra, 400093.

  • What is the corporate identification number (CIN) and company number of Platinum Industries Limited?

    The corporate identification number (CIN) of Platinum Industries Limited is U24299MH2020PLC341637 and the company number is 341637 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Platinum Industries Limited?

    The Official website of Platinum Industries Limited is https://www.platinumindustriesltd.com

  • What has been the recent revenue trend for Platinum Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Platinum Industries Limited has risen by 26.81%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Platinum Industries Limited has experienced an upsurge of 178.13%.

  • What are the total open charges for Platinum Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Platinum Industries Limited amount to ₹ 2.87 Cr.

  • When was the last Balance Sheet of Platinum Industries Limited filed with the ROC?

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