Platinum Polymers Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 25-06-2024
- Paid Up Capital ₹ 2.52 Cr
as on 25-06-2024
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.62 Cr
as on 25-06-2024
- Satisfied Charges ₹ 16.84 Cr
as on 25-06-2024
- Revenue 47.82%
(FY 2023)
- Profit 0.83%
(FY 2023)
- Ebitda 23.62%
(FY 2023)
- Net Worth 0.75%
(FY 2023)
- Total Assets 15.11%
(FY 2023)
About Platinum Polymers
The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 2.52 Cr.
The company currently has active open charges totaling ₹12.62 Cr. The company has closed loans amounting to ₹16.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
Miteshkumar Poshia and Bipinchandra Poshia serve as directors at the Company.
- CIN/LLPIN
U25202MH2006PTC165216
- Company No.
165216
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jan 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Platinum Polymers Private Limited offer?
Platinum Polymers Private Limited offers a wide range of products and services, including Insulators & Insulation Materials, Aluminum Foil Insulation, Packaging Films & Foils, Protective Film, Protective Packing Materials, Packaging Foam, Packaging Rolls, Plastic Film, Paper & Paper Made Products, Coated Paper.
Who are the key members and board of directors at Platinum Polymers?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Miteshkumar Poshia  | Director | 25-Jan-2007 | Current |
| Bipinchandra Poshia | Director | 25-Jan-2007 | Current |
Financial Performance of Platinum Polymers.
Platinum Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.82% increase. The company also saw a slight improvement in profitability, with a 0.83% increase in profit. The company's net worth moved up by a moderate rise of 0.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Platinum Polymers?
In 2023, Platinum Polymers had a promoter holding of 90.62% and a public holding of 9.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 27 Feb 2022 | ₹9.74 M | Open |
Others Creation Date: 29 Dec 2021 | ₹2.75 Cr | Open |
Others Creation Date: 29 Dec 2021 | ₹8.90 Cr | Open |
How Many Employees Work at Platinum Polymers?
Platinum Polymers has a workforce of 2 employees as of Apr 08, 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 Polymers, 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 Polymers'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.
