Prayag Polymers Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 18.13 Cr
- Company Age 35 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 234.56 Cr
- Satisfied Charges ₹ 175.69 Cr
- Revenue Growth 26.12%
- Profit Growth 88.46%
- Ebitda 50.53%
- Net Worth 24.77%
- Total Assets 26.43%
About Prayag Polymers
Prayag Polymers Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 1989 and has a history of 35 years and eight months. Its registered office is in Delhi, 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 35.00 Cr and a paid-up capital of Rs 18.13 Cr.
The company currently has active open charges totaling ₹234.56 Cr. The company has closed loans amounting to ₹175.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prayag Polymers Private Limited India is Aditi Abrol as COMPANY SECRETARY. Deepak Aggarwal and Nitin Aggarwal serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1989PTC036420
- Company No.
036420
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 May 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Prayag Polymers Private Limited offer?
Prayag Polymers Private Limited offers a wide range of products and services, including Bathroom Fittings, CP Bathroom Fittings, Bathroom Showers, Rain Shower, Overhead Shower, Stopcock, Concealed Stop Cock, Wall Mixers, Wall Mixture, Hand Shower.
Who are the key members and board of directors at Prayag Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditi Abrol  | Company Secretary | 20-Sep-2023 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Deepak Aggarwal | Whole-Time Director | 30-Sep-2019 | Current |
| Nitin Aggarwal | Whole-Time Director | 28-Sep-2017 | Current |
Financial Performance of Prayag Polymers.
Prayag Polymers Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 26.12% increase. The company also saw a substantial improvement in profitability, with a 88.46% increase in profit. The company's net worth Soared by an impressive increase of 24.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prayag Polymers?
In 2024, Prayag Polymers had a promoter holding of 82.74% and a public holding of 17.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prayag Exim Private LimitedDeepak Aggarwal is a mutual person
Shourya Buildwell Private Limited.Deepak Aggarwal is a mutual person
- Olive Exim Private Limited
Nitin Aggarwal is a mutual person
Charges (Loans)
₹234.56 Cr
₹175.69 Cr
Charges Breakdown by Lending Institutions
- Others : 98.35 Cr
- Axis Bank Limited : 69.27 Cr
- Standard Chartered Bank : 54.67 Cr
- Yes Bank Limited : 8.70 Cr
- Hdfc Bank Limited : 3.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2024 | Hdfc Bank Limited | ₹1.77 M | Open |
| 30 Aug 2024 | Others | ₹10.00 Cr | Open |
| 30 Aug 2024 | Others | ₹15.00 Cr | Open |
| 12 Jun 2024 | Others | ₹7.50 Cr | Open |
| 19 Feb 2024 | Axis Bank Limited | ₹1.09 Cr | Open |
How Many Employees Work at Prayag Polymers?
Prayag Polymers has a workforce of 540 employees as of Dec 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 Prayag 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 Prayag 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.
