Power Plastech Private Limited

Manufactures plastic furniture, form work, crates, master batches, and engineering compounds.

1997 | Bangaluru, Karnataka (India) | Active
Last Updated:

Power Plastech Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.25 Cr
  • Revenue Growth 10.10%
  • Profit Growth -8.88%
  • Ebitda -15.67%
  • Net Worth 32.55%
  • Total Assets 22.70%

About Power Plastech

Power Plastech Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 December 1997 and has a history of 27 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company has closed loans amounting to ₹15.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jagdish Rai and Ashesh Mittal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24134KA1997PTC023142

  • Company No.

    023142

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Power Plastech Private Limited offer?

Power Plastech Private Limited offers a wide range of products and services, including Plastic Chairs & Chairs Set, Plastic Chairs, Formwork Accessories, Wall Formwork, Packaging Boards, PP Corrugated Sheets, Masterbatches, Color Masterbatches, PET Granules & Plastic Raw Material, Additive Masterbatches.

Company report

Power Plastech Private Limited

Explore comprehensive data for Power Plastech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Power Plastech?

Board Members (2)

NameDesignationAppointment DateStatus
Jagdish Rai Country flag representing In Director 19-Sep-2018Current
Ashesh Mittal Country flag representing In Director 25-Aug-2003Current

Financial Performance of Power Plastech.

Power Plastech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.1% increase. The company also saw a slight decrease in profitability, with a 8.88% decrease in profit. The company's net worth Soared by an impressive increase of 32.55%.

Power Plastech revenue growth over time
Power Plastech 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
10.10%
Revenue from Operations
7.69%
Total Assets
22.70%
Profit or Loss
-8.88%
Net Worth
32.55%
EBITDA
-15.67%

What is the Ownership and Shareholding Structure of Power Plastech?

In 2023, Power Plastech 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

₹0

Satisfied Charges

₹15.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.00 Cr
  • Standard Chartered Bank : 1.20 Cr
  • Ing Vysya Bank Limited : 1.05 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2023Others₹13.00 CrSatisfied
30 Aug 2014Ing Vysya Bank Limited₹1.05 CrSatisfied
30 Nov 2010Standard Chartered Bank₹1.20 CrSatisfied

How Many Employees Work at Power Plastech?

Power Plastech has a workforce of 17 employees as of Apr 09, 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.

Employee growth trends for Power Plastech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Power Plastech, 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 Power Plastech'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 Power Plastech

Recent activity within the organization

  • Annual General Meeting

    Power Plastech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 29 May 2023 via Charge ID 100749848 with Others was fully satisfied on 18 May 2024.

  • Balance Sheet

    Power Plastech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 13.00 Cr with Charge ID 100749848 was registered on 29 May 2023.

  • Charges

    A charge registered on 30 Aug 2014 via Charge ID 10524974 with Ing Vysya Bank Limited was fully satisfied on 02 Feb 2023.

  • Director Appointment

    Jagdish Mittal Rai was appointed as a Director was appointed as a Director on 19 Sep 2018 & has been associated with this company since 6 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Power Plastech Private Limited?

    Power Plastech Private Limited was incorporated on 11 Dec 1997.

  • What is authorized share capital and paid-up capital of Power Plastech Private Limited?

    The authorized share capital of Power Plastech Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Who are the current board members & directors of Power Plastech Private Limited?

    Currently 2 directors are associated with Power Plastech Private Limited.

    • Jagdish Mittal Rai
    • Ashesh Kumar Mittal

  • What is the registered address of Power Plastech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Power Plastech Private Limited is No.513 4Th Phase Peenya Industrial Area, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Power Plastech Private Limited?

    The corporate identification number (CIN) of Power Plastech Private Limited is U24134KA1997PTC023142 and the company number is 023142 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Power Plastech Private Limited?

    The Official website of Power Plastech Private Limited is https://www.novaformworks.com

  • What has been the recent revenue trend for Power Plastech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Power Plastech Private Limited has risen by 10.10%.

  • How many employees does Power Plastech Private Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Power Plastech Private Limited.

  • What change has been observed in the net worth of Power Plastech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Power Plastech Private Limited has experienced an upsurge of 32.55%.

  • When was the last Balance Sheet of Power Plastech Private Limited filed with the ROC?

    The most recent Balance Sheet for Power Plastech Private Limited was filed with the ROC on 31 Mar 2024.

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