Precision Polyplast Private Limited

Recycles imported plastic scrap into plastic flour and agglomerates for industrial plastic products.

1990 | Parganas, West Bengal (India) | Active
Last Updated:

Precision Polyplast Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.76 Cr
  • Company Age 35 Year, 2 Months
  • 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 two months. 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

Manufacturing

Who are the key members and board of directors at Precision Polyplast?

Board Members (2)

NameDesignationAppointment DateStatus
Sushil Halwai Country flag representing In Director 01-Aug-2022Current
Vikash Agarwal Country flag representing In Additional Director 21-May-2019Current

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%.

Precision Polyplast revenue growth over time
Precision Polyplast profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
104.10%
Revenue from Operations
85.47%
Total Assets
-0.33%
Profit or Loss
107.20%
Net Worth
0.19%
EBITDA
-2.76%

What is the Ownership and Shareholding Structure of Precision Polyplast?

In 2023, Precision Polyplast had a public holding of 88.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.20 Cr

Satisfied Charges

₹36.20 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2005Uco Bank₹2.00 MOpen
02 Sep 2013Karnataka Bank Ltd.₹2.27 CrSatisfied
25 Feb 2013Karnataka Bank Limited₹3.00 CrSatisfied
25 Jan 2011Karnataka Bank Limited₹15.00 CrSatisfied
27 Nov 2003Karnataka Bank Ltd₹7.50 MSatisfied

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.

Employee growth trends for Precision Polyplast Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Precision Polyplast

Recent activity within the organization

  • Annual General Meeting

    Precision Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Precision Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge registered on 21 Nov 2003 via Charge ID 90256227 with Karnataka Bank Ltd. was fully satisfied on 13 Oct 2022.

  • Director Appointment

    Sushil Kumar Halwai was appointed as a Director was appointed as a Director on 01 Aug 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Vikash Agarwal was appointed as a Additional Director was appointed as a Additional Director on 21 May 2019 & has been associated with this company since 5 years 10 months .

  • Charges

    A charge registered on 02 Sep 2013 via Charge ID 10452727 with Karnataka Bank Ltd. was fully satisfied on 02 Feb 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Precision Polyplast Private Limited?

    Precision Polyplast Private Limited was incorporated on 17 Jan 1990.

  • What is authorized share capital and paid-up capital of Precision Polyplast Private Limited?

    The authorized share capital of Precision Polyplast Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.76 Cr.

  • Who are the current board members & directors of Precision Polyplast Private Limited?

    Currently 2 directors are associated with Precision Polyplast Private Limited.

    • Sushil Kumar Halwai
    • Vikash Agarwal

  • What is the registered address of Precision Polyplast Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Precision Polyplast Private Limited is Falta Special Economic Zone Sector-1 Plot No.33 34 Panarhatta, S Outh 24 India, Parganas, West Bengal.

  • What is the corporate identification number (CIN) and company number of Precision Polyplast Private Limited?

    The corporate identification number (CIN) of Precision Polyplast Private Limited is U70101WB1990PTC048226 and the company number is 048226 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Precision Polyplast Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Precision Polyplast Private Limited has risen by 104.10%.

  • How many employees does Precision Polyplast Private Limited currently have?

    As Per 2022 financial reports, 1 employees are currently employed by Precision Polyplast Private Limited.

  • What change has been observed in the net worth of Precision Polyplast Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Precision Polyplast Private Limited has experienced an upsurge of 0.19%.

  • What are the total open charges for Precision Polyplast Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Precision Polyplast Private Limited amount to ₹ 2.00 M.

  • When was the last Balance Sheet of Precision Polyplast Private Limited filed with the ROC?

    The most recent Balance Sheet for Precision Polyplast Private Limited was filed with the ROC on 31 Mar 2023.

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