_PRIVATE_LIMITED.webp)
Prashanthi Polymers (India) Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 1.20 Cr
- Company Age 18 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.31 Cr
- Revenue Growth 0.50%
- Profit Growth 11.65%
- Ebitda 21.27%
- Net Worth 35.86%
- Total Assets -14.40%
About Prashanthi Polymers (India)
Prashanthi Polymers (India) Private Limited (PPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 March 2006 and has a history of 18 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Packaging 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 2.25 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹2.31 Cr.
Yermal Devraj and Kripa Devraj 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
U25209KA2006PTC038851
- Company No.
038851
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Mar 2006
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Packaging
Manufacturing
What products or services does Prashanthi Polymers (India) Private Limited offer?
Prashanthi Polymers (India) Private Limited offers a wide range of products and services, including Spoons, Table Knife and Cutlery, Spoon, Medicine Droppers, Eye Droppers, Plastic Bottles, LDPE Bottle, Aluminium,Tin Can & Metal Containers, Metal Containers, Plastic Containers & Bottles, Pharmaceutical Containers.
Who are the key members and board of directors at Prashanthi Polymers (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yermal Devraj  | Managing Director | 28-Mar-2006 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kripa Devraj | Director | 28-Mar-2006 | Current |
Financial Performance of Prashanthi Polymers (India).
Prashanthi Polymers (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.5% increase. The company also saw a substantial improvement in profitability, with a 11.65% increase in profit. The company's net worth Soared by an impressive increase of 35.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Prashanthi Polymers (India)?
In 2023, Prashanthi Polymers (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹2.31 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 1.84 Cr
- Indian Bank : 0.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2023 | Indian Bank | ₹4.70 M | Open |
| 26 Mar 2007 | State Bank Of India | ₹1.84 Cr | Open |
How Many Employees Work at Prashanthi Polymers (India)?
Prashanthi Polymers (India) has a workforce of 72 employees as of Mar 31, 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 Prashanthi Polymers (India), 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 Prashanthi Polymers (India)'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.
Latest Updates, News, and FAQs on Prashanthi Polymers (India)
Recent activity within the organization
- Charges
A charge with State Bank Of India of Rs. 1.84 Cr registered on 26 Mar 2007 with Charge ID 10050322 was modified on 27 Nov 2023.
- Annual General Meeting
Prashanthi Polymers (India) Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
- Charges
A charge with Indian Bank amounted to Rs. 0.47 Cr with Charge ID 100763184 was registered on 03 Aug 2023.
- Balance Sheet
Prashanthi Polymers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with State Bank Of India amounted to Rs. 1.84 Cr with Charge ID 10050322 was registered on 26 Mar 2007.
- Director Appointment
Yermal Raju Devraj was appointed as a Managing Director was appointed as a Managing Director on 28 Mar 2006 & has been associated with this company since 18 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Prashanthi Polymers (India) Private Limited?
Prashanthi Polymers (India) Private Limited was incorporated on 28 Mar 2006.
What is authorized share capital and paid-up capital of Prashanthi Polymers (India) Private Limited?
The authorized share capital of Prashanthi Polymers (India) Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.20 Cr.
Who are the current board members & directors of Prashanthi Polymers (India) Private Limited?
Currently 2 directors are associated with Prashanthi Polymers (India) Private Limited.
- Yermal Raju Devraj
- Kripa Devraj
What is the registered address of Prashanthi Polymers (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prashanthi Polymers (India) Private Limited is A-41 2Nd Main Road Stage Peenya Industrial Area, India, Bangalore, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Prashanthi Polymers (India) Private Limited?
The corporate identification number (CIN) of Prashanthi Polymers (India) Private Limited is U25209KA2006PTC038851 and the company number is 038851 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prashanthi Polymers (India) Private Limited?
The Official website of Prashanthi Polymers (India) Private Limited is https://www.prashanthi.info
What has been the recent revenue trend for Prashanthi Polymers (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prashanthi Polymers (India) Private Limited has risen by 0.50%.
How many employees does Prashanthi Polymers (India) Private Limited currently have?
As Per 2023 financial reports, 72 employees are currently employed by Prashanthi Polymers (India) Private Limited.
What change has been observed in the net worth of Prashanthi Polymers (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prashanthi Polymers (India) Private Limited has experienced an upsurge of 35.86%.
What are the total open charges for Prashanthi Polymers (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prashanthi Polymers (India) Private Limited amount to ₹ 2.31 Cr.
When was the last Balance Sheet of Prashanthi Polymers (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Prashanthi Polymers (India) Private Limited was filed with the ROC on 31 Mar 2023.