Platinum Synthetics Private Limited

Trading and manufacturing of various yarns and fibers for textile industry.

2007 | Surat, Gujarat (India) | Active
Last Updated: December 20, 2024

Platinum Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 6.88 Cr
  • Revenue Growth 75.29%
  • Profit Growth -78.91%
  • Ebitda -56.69%
  • Net Worth 0.25%
  • Total Assets 16.43%

About Platinum Synthetics

Platinum Synthetics Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 March 2007 and has a history of 17 years and ten months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Platinum Infrastructure (Surat) Private Limited. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1.40 Cr and a paid-up capital of Rs 1.40 Cr.

The company currently has active open charges totaling ₹6.88 Cr.

Mohammed Daruwala and Abdulkadir Memon serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201GJ2007PTC050320

  • Company No.

    050320

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2007

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle

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

Board Members (2)

Name Designation Appointment Date Status
Mohammed Daruwala Country flag representing In Director 01-Jul-2009 Current
Abdulkadir Memon Country flag representing In Director 16-Nov-2009 Current

Financial Performance of Platinum Synthetics.

Platinum Synthetics Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 75.29% increase. The company also saw a substantial fall in profitability, with a 78.91% decrease in profit. The company's net worth moved up by a moderate rise of 0.25%.

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
75.29%
Revenue from Operations
89.44%
Total Assets
16.43%
Profit or Loss
-78.91%
Net Worth
0.25%
EBITDA
-56.69%

What is the Ownership and Shareholding Structure of Platinum Synthetics?

In 2019, Platinum Synthetics 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

₹6.88 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 6.88 Cr

Latest Charge Details

Date Lender Amount Status
29 Oct 2010 Oriental Bank Of Commerce ₹6.88 Cr Open

How Many Employees Work at Platinum Synthetics?

Unlock and access historical data on people associated with Platinum Synthetics, 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 Synthetics, 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 Synthetics'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 Synthetics

Recent activity within the organization

  • Annual General Meeting

    Platinum Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Platinum Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 6.88 Cr registered on 29 Oct 2010 with Charge ID 10252129 was modified on 30 Mar 2015.

    30 Mar 2015

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 6.88 Cr with Charge ID 10252129 was registered on 29 Oct 2010.

    29 Oct 2010

  • Director Appointment

    Abdulkadir Abdulsattar Memon was appointed as a Director was appointed as a Director on 16 Nov 2009 & has been associated with this company since 15 years 2 months .

    16 Nov 2009

  • Director Appointment

    Mohammed Shafi Ibrahim Daruwala was appointed as a Director was appointed as a Director on 01 Jul 2009 & has been associated with this company since 15 years 7 months .

    01 Jul 2009

Frequently asked questions

  • Platinum Synthetics Private Limited was incorporated on 21 Mar 2007.

  • The authorized share capital of Platinum Synthetics Private Limited is ₹ 1.40 Cr and paid-up capital is ₹ 1.40 Cr.

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

    • Mohammed Shafi Ibrahim Daruwala
    • Abdulkadir Abdulsattar Memon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Platinum Synthetics Private Limited is 111 Empire State Building, Ring Road India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of Platinum Synthetics Private Limited is U45201GJ2007PTC050320 and the company number is 050320 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Platinum Synthetics Private Limited has risen by 75.29%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Platinum Synthetics Private Limited has experienced an upsurge of 0.25%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Platinum Synthetics Private Limited amount to ₹ 6.88 Cr.

  • The most recent Balance Sheet for Platinum Synthetics Private Limited was filed with the ROC on 31 Mar 2019.

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