Prima Plastics Limited

Manufacturer of plastic products including furniture, storage solutions, pallets, road safety products, and more.

1993 | Daman, Daman & Diu (India) | Active
Last Updated: October 24, 2024

Prima Plastics Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.00 Cr
  • Company Age 31 Year, 2 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 two 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
  • 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 Country flag representing In Managing Director 17-Nov-1993 Current
Dharmesh Sachade Country flag representing In CFO 03-Nov-2018 Current
Prachi Mankame Company Secretary 13-Aug-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Bhaskar Manharlal Country flag representing In Whole-Time Director 17-Nov-1993 Current
Snehal Muzoomdar Country flag representing In Director 29-Jan-2019 Current
Daxa Baxi Country flag representing In Director 29-May-2023 Current
Shailesh Shah Country flag representing In Director 13-Nov-2019 Current
Hina Vijay Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing 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
27.49%
Revenue from Operations
25.39%
Total Assets
0.23%
Profit or Loss
358.92%
Net Worth
6.62%
EBITDA
246.42%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    21 Sep 2024

  • 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.

    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 5 months 20 days .

    13 Aug 2024

  • Balance Sheet

    Prima Plastics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

    31 Mar 2024

  • 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.

    16 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 0.66 Cr with Charge ID 100591774 was registered on 27 Jun 2022.

    27 Jun 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Prima Plastics Limited was incorporated on 17 Nov 1993.

  • The authorized share capital of Prima Plastics Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.00 Cr.

  • 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
  • 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.

  • The corporate identification number (CIN) of Prima Plastics Limited is L25206DD1993PLC001470 and the company number is 001470 as per Ministry of Corporate Affairs (MCA).

  • Yes, Prima Plastics Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Prima Plastics Limited is https://www.primaplastics.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prima Plastics Limited has risen by 27.49%.

  • As Per 2023 financial reports, 305 employees are currently employed by Prima Plastics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prima Plastics Limited has experienced an upsurge of 6.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prima Plastics Limited amount to ₹ 67.81 Cr.

  • The most recent Balance Sheet for Prima Plastics Limited was filed with the ROC on 31 Mar 2024.

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