Pratap Synthetics Limited

Manufacturer of polypropylene fabric and sacks, also acts as a selling agent and stockiest for polypropylene granules.

1984 | Kolkata, West Bengal (India) | Active
Last Updated: November 15, 2024

Pratap Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 324.77 Cr
  • Satisfied Charges ₹ 183.35 Cr
  • Revenue Growth -34.94%
  • Profit Growth -53.56%
  • Ebitda 0.48%
  • Net Worth 6.55%
  • Total Assets 21.86%

About Pratap Synthetics

Pratap Synthetics Limited (PSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 December 1984 and has a history of 40 years and one month. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Pratap Synthetics Private Limited. 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹324.77 Cr. The company has closed loans amounting to ₹183.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shyam Jindal, Jagdish Chandra, Arani Guha, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25201WB1984PLC038273

  • Company No.

    038273

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Packaging

What products or services does Pratap Synthetics Limited offer?

Pratap Synthetics Limited offers a wide range of products and services, including Food Packaging Materials & Supplies, Mesh Bags, Composite Panels, Aluminum Composite Panels, Non Woven Fabric, Packaging, Laminated & Zip Bags, Laminated Bags.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sunil Agarwal Country flag representing In Managing Director01-Apr-1991Current

Board Members (6)

NameDesignationAppointment DateStatus
Shyam Jindal Country flag representing In Director 11-Dec-1984Current
Jagdish Chandra Country flag representing In Director 29-Aug-2001Current
Arani Guha Country flag representing In Director 30-Mar-2021Current
Harsh Agarwal Country flag representing In Whole-Time Director 01-Mar-2022Current
Sudhir Agarwal Country flag representing In Whole-Time Director 29-Dec-2020Current
Binit Kumar Country flag representing In Director 30-Mar-2021Current

Financial Performance of Pratap Synthetics.

Pratap Synthetics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.94% decrease. The company also saw a substantial fall in profitability, with a 53.56% decrease in profit. The company's net worth moved up by a moderate rise of 6.55%.

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
-34.94%
Revenue from Operations
-34.91%
Total Assets
21.86%
Profit or Loss
-53.56%
Net Worth
6.55%
EBITDA
0.48%

What is the Ownership and Shareholding Structure of Pratap Synthetics?

In 2023, Pratap Synthetics had a promoter holding of 99.46% and a public holding of 0.54%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹324.77 Cr

Satisfied Charges

₹183.35 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 314.77 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 May 2023Others₹10.00 CrOpen
30 Mar 2022Hdfc Bank Limited₹4.25 CrOpen
15 Mar 2022Hdfc Bank Limited₹149.27 CrOpen
30 Mar 2021Hdfc Bank Limited₹1.50 MOpen
24 Dec 2020Hdfc Bank Limited₹1.80 MOpen

How Many Employees Work at Pratap Synthetics?

Pratap Synthetics has a workforce of 83 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pratap 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 Pratap 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 Pratap Synthetics

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 149.27 Cr registered on 15 Mar 2022 with Charge ID 100561020 was modified on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 10 May 2023 with Charge ID 100726148 was modified on 11 Dec 2023.

    11 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 85.34 Cr registered on 16 Mar 2017 with Charge ID 100101339 was modified on 07 Nov 2023.

    07 Nov 2023

  • Annual General Meeting

    Pratap Synthetics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 11 Apr 2022 via Charge ID 100568039 with Axis Bank Limited was fully satisfied on 07 Sep 2023.

    07 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100726148 was registered on 10 May 2023.

    10 May 2023

Frequently asked questions

  • Pratap Synthetics Limited was incorporated on 11 Dec 1984.

  • The authorized share capital of Pratap Synthetics Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 7 directors are associated with Pratap Synthetics Limited.

    • Shyam Sunder Jindal
    • Jagdish Agarwal Chandra
    • Arani Guha
    • Harsh Kumar Agarwal
    • Sudhir Kumar Agarwal
    • Sunil Agarwal
    • Binit Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pratap Synthetics Limited is 540 Marshall House33/1 N S Road India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Pratap Synthetics Limited is U25201WB1984PLC038273 and the company number is 038273 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pratap Synthetics Limited is https://www.pratapgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pratap Synthetics Limited has fallen by -34.94%.

  • As Per 2023 financial reports, 83 employees are currently employed by Pratap Synthetics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pratap Synthetics Limited has experienced an upsurge of 6.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pratap Synthetics Limited amount to ₹ 324.77 Cr.

  • The most recent Balance Sheet for Pratap Synthetics Limited was filed with the ROC on 31 Mar 2023.