Praveen Polymers Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.20 M
- Company Age 28 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.59 Cr
- Satisfied Charges ₹ 4.85 Cr
- Revenue Growth 13.59%
- Profit Growth 34.37%
- Ebitda 1268.47%
- Net Worth 10.49%
- Total Assets 31.53%
About Praveen Polymers
Praveen Polymers Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 August 1996 and has a history of 28 years and six months. Its registered office is in Chennai, Tamil Nadu, 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 M and a paid-up capital of Rs 4.20 M.
The company currently has active open charges totaling ₹6.59 Cr. The company has closed loans amounting to ₹4.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prakash Bafna, Suresh Kumar, Praveen Bafna, and Two other members serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U25209TN1996PTC036216
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Company No.
036216
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
01 Aug 1996
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
What products or services does Praveen Polymers Private Limited offer?
Praveen Polymers Private Limited offers a wide range of products and services, including Plastic Containers & Bottles, Plastic Containers, Plastic Bottles, Packaging Caps & Seals, Cap Closures, Plastic Caps, Plastic Bottle Cap, PET Bottles, Pet Preform, Vending Machines & Dispensers.
Who are the key members and board of directors at Praveen Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Bafna
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Managing Director | 01-Aug-1996 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Suresh Kumar
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Director | 01-Aug-1996 | Current |
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Praveen Bafna
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Director | 14-Oct-2011 | Current |
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Prakashchand Kumar
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Director | 01-Apr-2013 | Current |
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Nirmala
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Director | 01-Jun-2013 | Current |
Financial Performance of Praveen Polymers.
Praveen Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.59% increase. The company also saw a substantial improvement in profitability, with a 34.37% increase in profit. The company's net worth Soared by an impressive increase of 10.49%.
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What is the Ownership and Shareholding Structure of Praveen Polymers?
In 2023, Praveen Polymers 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)
₹65.91 M
₹48.51 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 6.59 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2015 | Axis Bank Limited | ₹6.59 Cr | Open |
| 07 Aug 2001 | State Bank Of Bikaner & Jaipur | ₹4.85 Cr | Satisfied |
How Many Employees Work at Praveen Polymers?
Praveen Polymers has a workforce of 1 employees as of Mar 28, 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 Praveen Polymers, 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 Praveen Polymers'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.
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