Precision Polyplast Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.76 Cr
- Company Age 35 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.00 M
- Satisfied Charges ₹ 36.20 Cr
- Revenue Growth 104.10%
- Profit Growth 107.20%
- Ebitda -2.76%
- Net Worth 0.19%
- Total Assets -0.33%
About Precision Polyplast
Precision Polyplast Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 January 1990 and has a history of 35 years and one month. Its registered office is in Parganas, West Bengal.
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.
Sushil Halwai and Vikash Agarwal serve as directors at the Company.
Company Details
- Location Parganas, West Bengal
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- 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
Who are the key members and board of directors at Precision Polyplast?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sushil Halwai  | Director | 01-Aug-2022 | Current |
| Vikash Agarwal | Additional Director | 21-May-2019 | Current |
Financial Performance 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 Exports Private LtdSushil Halwai is a mutual person
Promising Developers Private LimitedSushil Halwai and Vikash Agarwal are mutual person
Jyothi Commercial Private LimitedSushil Halwai and Vikash Agarwal are mutual person
Shakambari Textiles Private LimitedSushil Halwai and Vikash Agarwal are mutual person
- Shri Shakambari Saree Centre Private Limited
Sushil Halwai and Vikash Agarwal are mutual person
- Promising Heights Private Limited
Sushil Halwai and Vikash Agarwal are mutual person
Charges (Loans)
₹0.20 Cr
₹36.20 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2005 | Uco Bank | ₹2.00 M | Open |
| 02 Sep 2013 | Karnataka Bank Ltd. | ₹2.27 Cr | Satisfied |
| 25 Feb 2013 | Karnataka Bank Limited | ₹3.00 Cr | Satisfied |
| 25 Jan 2011 | Karnataka Bank Limited | ₹15.00 Cr | Satisfied |
| 27 Nov 2003 | Karnataka Bank Ltd | ₹7.50 M | 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.
