Primeseal Straps Private Limited

Manufactures strapping material for packaging needs, including automatic and semi-automatic machines and tape.

2001 | Pipaliya, Gujarat (India) | Active
Last Updated: June 16, 2024

Primeseal Straps Profile

Key Indicators

  • Authorised Capital ₹ 9.50 M
  • Paid Up Capital ₹ 1.98 M
  • Company Age 24 Year, 22 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.64 Cr
  • Satisfied Charges ₹ 4.35 Cr
  • Revenue Growth 324.50%
  • Profit Growth 10.10%
  • Ebitda 340.99%
  • Net Worth 139.06%
  • Total Assets 61.27%

About Primeseal Straps

Primeseal Straps Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 January 2001 and has a history of 24 years. Its registered office is in Pipaliya, Gujarat, India.

The Company is engaged in the Packaging 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 9.50 M and a paid-up capital of Rs 1.98 M.

The company currently has active open charges totaling ₹10.64 Cr. The company has closed loans amounting to ₹4.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mitulkumar Dobaria, Manoj Dobariya, Hareshbhai Dobariya, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pipaliya, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25191GJ2001PTC039171

  • Company No.

    039171

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Primeseal Straps Private Limited offer?

Primeseal Straps Private Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, Strapping Machines, Sealing Tape, Self Adhesive Tapes.

Who are the key members and board of directors at Primeseal Straps?

Board Members (5)

Name Designation Appointment Date Status
Mitulkumar Dobaria Country flag representing In Director 01-Apr-2004 Current
Manoj Dobariya Country flag representing In Director 03-May-2019 Current
Hareshbhai Dobariya Country flag representing In Director 07-Jun-2022 Current
Kalpesh Sheladiya Country flag representing In Director 16-Jan-2001 Current
Paresh Sheladiya Country flag representing In Director 06-Dec-2003 Current

Financial Performance of Primeseal Straps.

Primeseal Straps Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 324.5% increase. The company also saw a substantial improvement in profitability, with a 10.1% increase in profit. The company's net worth Soared by an impressive increase of 139.06%.

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
324.50%
Revenue from Operations
373.97%
Total Assets
61.27%
Profit or Loss
10.10%
Net Worth
139.06%
EBITDA
340.99%

What is the Ownership and Shareholding Structure of Primeseal Straps?

In 2023, Primeseal Straps had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹106.40 M

Satisfied Charges

₹43.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.64 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 2022 Hdfc Bank Limited ₹5.30 Cr Open
22 Jun 2015 Hdfc Bank Limited ₹5.34 Cr Open
20 Mar 2013 Dena Bank ₹7.50 M Satisfied
20 Mar 2013 Dena Bank ₹2.27 Cr Satisfied
26 Mar 2009 Central Bank Of India ₹3.75 M Satisfied

How Many Employees Work at Primeseal Straps?

Unlock and access historical data on people associated with Primeseal Straps, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Primeseal Straps, 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 Primeseal Straps'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 Primeseal Straps

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 53.40 M registered on 22 Jun 2015 with Charge ID 10575715 was modified on 29 Mar 2024.

    29 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Primeseal Straps Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 53.00 M with Charge ID 100605620 was registered on 12 Aug 2022.

    12 Aug 2022

  • Director Appointment

    Hareshbhai Dharamshibhai Dobariya was appointed as a Director was appointed as a Director on 07 Jun 2022 & has been associated with this company since 2 years 8 months .

    07 Jun 2022

  • Director Appointment

    Manoj Vitthalbhai Dobariya was appointed as a Director was appointed as a Director on 03 May 2019 & has been associated with this company since 5 years 9 months .

    03 May 2019

Frequently asked questions

  • Primeseal Straps Private Limited was incorporated on 16 Jan 2001.

  • The authorized share capital of Primeseal Straps Private Limited is ₹ 9.50 M and paid-up capital is ₹ 1.98 M.

  • Currently 5 directors are associated with Primeseal Straps Private Limited.

    • Mitulkumar Vithalbhai Dobaria
    • Manoj Vitthalbhai Dobariya
    • Hareshbhai Dharamshibhai Dobariya
    • Kalpesh Karshanbhai Sheladiya
    • Paresh Karshanbhai Sheladiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Primeseal Straps Private Limited is Sr. No. 55/1 P-3 P-3 & P-4 Plot No. 2 B/H Viraj Agrico Co. Nr Bharudi Toll Plaza Tal., Gondal, Pipaliya, Gujarat, India, 360311.

  • The corporate identification number (CIN) of Primeseal Straps Private Limited is U25191GJ2001PTC039171 and the company number is 039171 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Primeseal Straps Private Limited is https://www.primesealstrap.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Primeseal Straps Private Limited has risen by 324.50%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Primeseal Straps Private Limited has experienced an upsurge of 139.06%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Primeseal Straps Private Limited amount to ₹ 10.64 Cr.

  • The most recent Balance Sheet for Primeseal Straps Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Industrial Packaging Solutions