Prima Plastics Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 11.00 Cr
- Company Age 31 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 67.81 Cr
- Satisfied Charges ₹ 37.35 Cr
- Revenue Growth 27.49%
- Profit Growth 358.92%
- Ebitda 246.42%
- Net Worth 6.62%
- Total Assets 0.23%
About Prima Plastics
Prima Plastics Limited (PPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 November 1993 and has a history of 31 years and three months. Its registered office is in Daman, Daman & Diu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530589.
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 12.00 Cr and a paid-up capital of Rs 11.00 Cr.
The company currently has active open charges totaling ₹67.81 Cr. The company has closed loans amounting to ₹37.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prima Plastics Limited India are Dharmesh Sachade as CFO and Prachi Mankame as Company Secretary. Dilip Manharlal, Bhaskar Manharlal, Snehal Muzoomdar, and Three other members serve as directors at the Company.
Company Details
- Location
Daman, Daman & Diu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L25206DD1993PLC001470
- Company No.
001470
- Stock Symbol
BSE : 530589
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Nov 1993
- Date of AGM
21 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Goa
Industry
Manufacturing
What products or services does Prima Plastics Limited offer?
Prima Plastics Limited offers a wide range of products and services, including Crates, Trays and Pallets, Industrial Pallet, Buckets, Mugs & Storage Bins, Dustbins, Plastic Furniture & Supplies, Plastic Tables & Stools, Plastic Chairs & Chairs Set, Kitchen & Dining Furniture, Dining Table & Chair, Child and Baby Care Products.
Who are the key members and board of directors at Prima Plastics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dilip Manharlal  | Managing Director | 17-Nov-1993 | Current |
| Dharmesh Sachade | CFO | 03-Nov-2018 | Current |
| Prachi Mankame | Company Secretary | 13-Aug-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bhaskar Manharlal | Whole-Time Director | 17-Nov-1993 | Current |
| Snehal Muzoomdar | Director | 29-Jan-2019 | Current |
| Daxa Baxi | Director | 29-May-2023 | Current |
| Shailesh Shah | Director | 13-Nov-2019 | Current |
| Hina Vijay | Director | 29-May-2015 | Current |
Financial Performance of Prima Plastics.
Prima Plastics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.49% increase. The company also saw a substantial improvement in profitability, with a 358.92% increase in profit. The company's net worth moved up by a moderate rise of 6.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prima Plastics?
In 2023, Prima Plastics had a promoter holding of 58.33% and a public holding of 41.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Raycon Infrastructure Private LimitedSnehal Muzoomdar is a mutual person
Organization Of Plastics Processors Of IndiaDilip Manharlal is a mutual person
Imc Chamber Of Commerce And IndustrySnehal Muzoomdar is a mutual person
Indo Nippon Chemical Company LimitedSnehal Muzoomdar is a mutual person
Hindustan Composites LimitedSnehal Muzoomdar is a mutual person
Perfect-Octave Media Projects LimitedSnehal Muzoomdar is a mutual person
Charges (Loans)
Open Charges
₹67.81 Cr
Satisfied Charges
₹37.35 Cr
Charges Breakdown by Lending Institutions
- Others : 47.81 Cr
- Citi Bank N.A. : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2022 | Others | ₹6.57 M | Open |
| 14 Apr 2022 | Others | ₹6.57 M | Open |
| 06 Mar 2018 | Citi Bank N.A. | ₹20.00 Cr | Open |
| 20 Dec 2017 | Others | ₹46.50 Cr | Open |
| 02 Jun 2008 | Corporation Bank | ₹10.00 Cr | Satisfied |
How Many Employees Work at Prima Plastics?
Prima Plastics has a workforce of 305 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 Prima Plastics, 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 Prima Plastics'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.
Latest Updates, News, and FAQs on Prima Plastics
Recent activity within the organization
- Annual General Meeting
Prima Plastics Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 46.50 Cr registered on 20 Dec 2017 with Charge ID 100146786 was modified on 06 Sep 2024.
- Director Appointment
Prachi Mahendra Mankame was appointed as a Company Secretary was appointed as a Company Secretary on 13 Aug 2024 & has been associated with this company since 6 months 21 days .
- Balance Sheet
Prima Plastics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
- Charges
A charge with Citi Bank N.A. of Rs. 20.00 Cr registered on 06 Mar 2018 with Charge ID 100162990 was modified on 16 Nov 2022.
- Charges
A charge with Others amounted to Rs. 0.66 Cr with Charge ID 100591774 was registered on 27 Jun 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Prima Plastics Limited?
Prima Plastics Limited was incorporated on 17 Nov 1993.
What is authorized share capital and paid-up capital of Prima Plastics Limited?
The authorized share capital of Prima Plastics Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.00 Cr.
Who are the current board members & directors of Prima Plastics Limited?
Currently 8 directors are associated with Prima Plastics Limited.
- Dilip Parekh Manharlal
- Bhaskar Parekh Manharlal
- Snehal Natvarlal Muzoomdar
- Daxa Jawahar Baxi
- Shailesh Sanmukhlal Shah
- Hina Mehta Vijay
- Dharmesh Ramesh Sachade
- Prachi Mahendra Mankame
What is the registered address of Prima Plastics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prima Plastics Limited is 98/4 Prima House Industrial Estate Kadaiya Nani And Diu India, Daman, Daman And Diu, 396210.
What is the corporate identification number (CIN) and company number of Prima Plastics Limited?
The corporate identification number (CIN) of Prima Plastics Limited is L25206DD1993PLC001470 and the company number is 001470 as per Ministry of Corporate Affairs (MCA).
Is Prima Plastics Limited registered with any stock exchange in India?
Yes, Prima Plastics Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Prima Plastics Limited?
The Official website of Prima Plastics Limited is https://www.primaplastics.com
What has been the recent revenue trend for Prima Plastics Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prima Plastics Limited has risen by 27.49%.
How many employees does Prima Plastics Limited currently have?
As Per 2023 financial reports, 305 employees are currently employed by Prima Plastics Limited.
What change has been observed in the net worth of Prima Plastics Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prima Plastics Limited has experienced an upsurge of 6.62%.
What are the total open charges for Prima Plastics Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prima Plastics Limited amount to ₹ 67.81 Cr.
When was the last Balance Sheet of Prima Plastics Limited filed with the ROC?
The most recent Balance Sheet for Prima Plastics Limited was filed with the ROC on 31 Mar 2024.
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