Precision Plastic Industries Profile
Key Indicators
- Authorised Capital ₹ 2.75 Cr
- Paid Up Capital ₹ 1.44 Cr
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 108.50 Cr
- Satisfied Charges ₹ 23.39 Cr
- Revenue Growth -1.14%
- Profit Growth -42.13%
- Ebitda -38.24%
- Net Worth 7.20%
- Total Assets -11.04%
About Precision Plastic Industries
Precision Plastic Industries Private Limited (PPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 July 1995 and has a history of 29 years and six months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Precision Upvc Moulders Private Limited. 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 2.75 Cr and a paid-up capital of Rs 1.44 Cr.
The company currently has active open charges totaling ₹108.50 Cr. The company has closed loans amounting to ₹23.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kunal Kadakia, Ganga Kadakia, and Nita Kadakia serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U99999MH1995PTC090983
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Company No.
090983
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Jul 1995
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Date of AGM
06 Aug 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 Mumbai
Industry
What products or services does Precision Plastic Industries Private Limited offer?
Precision Plastic Industries Private Limited offers a wide range of products and services, including PVC Pipes, Grey Pipe, Steel Pipes, ASTM Pipe, Electrical Conduit Fittings, PVC Conduit Fitting, Cable Raceways, Cable Trunking, Plastic Pipe Fittings, Plumbing Fittings.
Who are the key members and board of directors at Precision Plastic Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunal Kadakia
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Director | 05-Apr-2011 | Current |
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Ganga Kadakia
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Director | 06-Jan-2006 | Current |
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Nita Kadakia
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Director | 06-Jan-2006 | Current |
Financial Performance of Precision Plastic Industries.
Precision Plastic Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.14% decrease. The company also saw a substantial fall in profitability, with a 42.13% decrease in profit. The company's net worth moved up by a moderate rise of 7.2%.
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What is the Ownership and Shareholding Structure of Precision Plastic Industries?
In 2023, Precision Plastic 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)
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Kadakia Global LlpKunal Kadakia and Ganga Kadakia are mutual person
Charges (Loans)
₹108.50 Cr
₹23.39 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 59.00 Cr
- Hdfc Bank Limited : 49.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2022 | Hdfc Bank Limited | ₹49.50 Cr | Open |
| 17 Nov 2009 | State Bank Of India | ₹59.00 Cr | Open |
| 29 Sep 2018 | Others | ₹2.14 M | Satisfied |
| 29 Sep 2018 | Others | ₹2.14 M | Satisfied |
| 27 Jun 2018 | Axis Bank Limited | ₹2.93 M | Satisfied |
How Many Employees Work at Precision Plastic Industries?
Precision Plastic Industries has a workforce of 732 employees as of Mar 29, 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 Precision Plastic 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 Precision Plastic 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.