Prakash Polyester Private Limited

Manufactures polyester yarn with 3,000 ton capacity at Silvassa, Dadra & Nagar Haveli.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: December 14, 2024

Prakash Polyester Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.73 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 22.40 Cr
  • Satisfied Charges ₹ 5.39 Cr
  • Revenue Growth 18.33%
  • Profit Growth 7.16%
  • Ebitda -20.21%
  • Net Worth 1.99%
  • Total Assets -5.81%

About Prakash Polyester

Prakash Polyester Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 January 1997 and has a history of 28 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 2.73 Cr.

The company currently has active open charges totaling ₹22.40 Cr. The company has closed loans amounting to ₹5.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prakashchandra Saraf and Ravi Saraf serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bhimraj.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17000MH1997PTC104853

  • Company No.

    104853

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jan 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Prakash Polyester?

Board Members (2)

Name Designation Appointment Date Status
Prakashchandra Saraf Country flag representing In Director 02-Jan-1997 Current
Ravi Saraf Country flag representing In Director 02-Jan-1997 Current

Financial Performance of Prakash Polyester.

Prakash Polyester Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.33% increase. The company also saw a slight improvement in profitability, with a 7.16% increase in profit. The company's net worth moved up by a moderate rise of 1.99%.

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
18.33%
Revenue from Operations
18.76%
Total Assets
-5.81%
Profit or Loss
7.16%
Net Worth
1.99%
EBITDA
-20.21%

What is the Ownership and Shareholding Structure of Prakash Polyester?

In 2021, Prakash Polyester had a promoter holding of 72.78% and a public holding of 27.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.40 Cr

Satisfied Charges

₹5.39 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 22.22 Cr
  • Hdfc Bank Limited : 0.17 Cr

Latest Charge Details

Date Lender Amount Status
10 Nov 2022 Hdfc Bank Limited ₹1.75 M Open
08 Feb 2012 Canara Bank ₹7.49 Cr Open
25 May 2001 Canara Bank ₹14.73 Cr Open
14 Aug 2017 Others ₹0.88 M Satisfied
25 May 2001 Canara Bank ₹2.55 Cr Satisfied

How Many Employees Work at Prakash Polyester?

Prakash Polyester has a workforce of 27 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prakash Polyester, 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 Prakash Polyester'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 Prakash Polyester

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Prakash Polyester Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100712053 was registered on 10 Nov 2022.

    10 Nov 2022

  • Charges

    A charge with Canara Bank of Rs. 14.73 Cr registered on 25 May 2001 with Charge ID 90140914 was modified on 28 Jul 2022.

    28 Jul 2022

  • Charges

    A charge registered on 14 Aug 2017 via Charge ID 100125614 with Others was fully satisfied on 06 Feb 2020.

    06 Feb 2020

  • Charges

    A charge registered on 25 May 2001 via Charge ID 90143414 with Canara Bank was fully satisfied on 06 Feb 2020.

    06 Feb 2020

Frequently asked questions

  • Prakash Polyester Private Limited was incorporated on 02 Jan 1997.

  • The authorized share capital of Prakash Polyester Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.73 Cr.

  • Currently 2 directors are associated with Prakash Polyester Private Limited.

    • Prakashchandra Nareshkumar Saraf
    • Ravi Nareshkumar Saraf
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Polyester Private Limited is Swadeshi Markat1St Floor Room No B Kalbadevi Rd India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Prakash Polyester Private Limited is U17000MH1997PTC104853 and the company number is 104853 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Prakash Polyester Private Limited is https://www.bhimraj.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prakash Polyester Private Limited has risen by 18.33%.

  • As Per 2022 financial reports, 27 employees are currently employed by Prakash Polyester Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prakash Polyester Private Limited has experienced an upsurge of 1.99%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prakash Polyester Private Limited amount to ₹ 22.40 Cr.

  • The most recent Balance Sheet for Prakash Polyester Private Limited was filed with the ROC on 31 Mar 2024.

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