Precision Polyplast Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 02-07-2024
- Paid Up Capital ₹ 3.76 Cr
as on 02-07-2024
- Company Age 34 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.20 Cr
as on 02-07-2024
- Satisfied Charges ₹ 36.20 Cr
as on 02-07-2024
- Revenue 104.10%
(FY 2022)
- Profit 107.20%
(FY 2022)
- Ebitda -2.76%
(FY 2022)
- Net Worth 0.19%
(FY 2022)
- Total Assets -0.33%
(FY 2022)
About Precision Polyplast
The Corporate was formerly known as Promising Estates & Traders Pvt Ltd. 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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.76 Cr.
The company currently has active open charges totaling ₹2.00 M. The company has closed loans amounting to ₹36.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vikash Agarwal and Sushil Halwai serve as directors at the Company.
- CIN/LLPIN
U70101WB1990PTC048226
- Company No.
048226
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jan 1990
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location
Parganas, West Bengal, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Precision Polyplast?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikash Agarwal  | Additional Director | 21-May-2019 | Current |
| Sushil Halwai | Director | 01-Aug-2022 | Current |
Financial Performance and Corporate Structure Insights of Precision Polyplast.
Precision Polyplast Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 104.1% increase. The company also saw a substantial improvement in profitability, with a 107.2% increase in profit. The company's net worth moved up by a moderate rise of 0.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Precision Polyplast?
In 2023, Precision Polyplast had a promoter holding of 11.91% and a public holding of 88.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Promising Developers Private Limited
Active 14 years 11 monthsVikash Agarwal and Sushil Halwai are mutual person
Jyothi Commercial Private Limited
Active 25 years 3 monthsVikash Agarwal and Sushil Halwai are mutual person
Shakambari Textiles Private Limited
Active 21 years 12 daysVikash Agarwal and Sushil Halwai are mutual person
Shri Shakambari Saree Centre Private Limited
Active 20 years 8 monthsVikash Agarwal and Sushil Halwai are mutual person
Promising Heights Private Limited
Active 14 years 10 monthsVikash Agarwal and Sushil Halwai are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Uco Bank Creation Date: 20 Apr 2005 | ₹2.00 M | Open |
Karnataka Bank Ltd. Creation Date: 02 Sep 2013 | ₹2.27 Cr | Satisfied |
Karnataka Bank Limited Creation Date: 25 Feb 2013 | ₹3.00 Cr | Satisfied |
How Many Employees Work at Precision Polyplast?
Precision Polyplast has a workforce of 1 employees as of Mar 23, 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 Polyplast, 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 Polyplast'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.
