Praspack Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 75.19 Cr
- Satisfied Charges ₹ 22.38 Cr
- Revenue Growth 4.80%
- Profit Growth 79.41%
- Ebitda -1.80%
- Net Worth 22.66%
- Total Assets -19.98%
About Praspack Industries
Praspack Industries Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 June 2010 and has a history of 14 years and nine months. Its registered office is in Gandhi Nagar, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹75.19 Cr. The company has closed loans amounting to ₹22.38 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vishnubhai Patel, Ushaben Patel, Jagdish Patel, and Seven other members serve as directors at the Company.
Company Details
- Location
Gandhi Nagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25202GJ2010PTC061326
- Company No.
061326
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Jun 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Packaging
What products or services does Praspack Industries Private Limited offer?
Praspack Industries Private Limited offers a wide range of products and services, including Packaging, Laminated & Zip Bags, BOPP Bags.
Who are the key members and board of directors at Praspack Industries?
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jagdish Patel  | Director | 26-Jun-2010 | Current |
| Vishnubhai Patel | Director | 26-Jun-2010 | Current |
| Ushaben Patel | Director | 26-Jun-2010 | Current |
| Prakashbhai Patel | Director | 26-Jun-2010 | Current |
| Niruben Patel | Director | 26-Jun-2010 | Current |
| Ashwinkumar Patel | Director | 26-Jun-2010 | Current |
Financial Performance of Praspack Industries.
Praspack Industries Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 4.8% increase. The company also saw a substantial improvement in profitability, with a 79.41% increase in profit. The company's net worth Soared by an impressive increase of 22.66%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Praspack Industries?
In 2023, Praspack Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shlokam Developers Private LimitedVishnubhai Patel is a mutual person
- Riya Exim Private Limited
Ushaben Patel and Pravinkumar Patel are mutual person
- Solberry Energy Private Limited
Arkit Patel is a mutual person
- Prachem Laboratories Private Limited
Pravinkumar Patel is a mutual person
Charges (Loans)
Open Charges
₹75.19 Cr
Satisfied Charges
₹22.38 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 75.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2023 | Hdfc Bank Limited | ₹2.70 M | Open |
| 21 Dec 2020 | Hdfc Bank Limited | ₹5.69 M | Open |
| 21 Dec 2020 | Hdfc Bank Limited | ₹1.28 M | Open |
| 10 Nov 2017 | Hdfc Bank Limited | ₹36.61 Cr | Open |
| 30 Mar 2017 | Hdfc Bank Limited | ₹37.61 Cr | Open |
How Many Employees Work at Praspack Industries?
Praspack Industries has a workforce of 108 employees as of Feb 02, 2025. 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 Praspack Industries, 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 Praspack Industries'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 Praspack Industries
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 36.61 Cr registered on 10 Nov 2017 with Charge ID 100135125 was modified on 07 Nov 2024.
- Annual General Meeting
Praspack Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 37.61 Cr registered on 30 Mar 2017 with Charge ID 100088708 was modified on 28 Sep 2024.
- Balance Sheet
Praspack Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100757008 was registered on 09 Jun 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.57 Cr with Charge ID 100399420 was registered on 21 Dec 2020.
Frequently asked questions
What is the Incorporation or founding date of Praspack Industries Private Limited?
Praspack Industries Private Limited was incorporated on 26 Jun 2010.
What is authorized share capital and paid-up capital of Praspack Industries Private Limited?
The authorized share capital of Praspack Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Praspack Industries Private Limited?
Currently 10 directors are associated with Praspack Industries Private Limited.
- Vishnubhai Mangaldas Patel
- Ushaben Pravinbhai Patel
- Jagdish Prahaladbhai Patel
- Prakashbhai Somabhai Patel
- Niruben Vishnubhai Patel
- Ashwinkumar Somabhai Patel
- Rajubhai Prahladbhai Patel
- Bhagwati Rajubhai Patel
- Arkit Vishnubhai Patel
- Pravinkumar Narayanbhai Patel
What is the registered address of Praspack Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Praspack Industries Private Limited is Praspack Plot No. 32 Near Pharma Lab Santej-Vadasar Road Santej, Ta. Kalol India, Gandhinagar, Gujarat, 382721.
What is the corporate identification number (CIN) and company number of Praspack Industries Private Limited?
The corporate identification number (CIN) of Praspack Industries Private Limited is U25202GJ2010PTC061326 and the company number is 061326 as per Ministry of Corporate Affairs (MCA).
What is the official website of Praspack Industries Private Limited?
The Official website of Praspack Industries Private Limited is https://www.praspack.com
What has been the recent revenue trend for Praspack Industries Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Praspack Industries Private Limited has risen by 4.80%.
How many employees does Praspack Industries Private Limited currently have?
As Per 2024 financial reports, 108 employees are currently employed by Praspack Industries Private Limited.
What change has been observed in the net worth of Praspack Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Praspack Industries Private Limited has experienced an upsurge of 22.66%.
What are the total open charges for Praspack Industries Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Praspack Industries Private Limited amount to ₹ 75.19 Cr.
When was the last Balance Sheet of Praspack Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Praspack Industries Private Limited was filed with the ROC on 31 Mar 2024.