Priyadarshini Polysacks Limited

Manufacturer of PP woven sacks and renewable energy, serving various industries with production facilities in Maharashtra.

1985 | Kolhapur, Maharashtra (India) | Active
Last Updated: November 15, 2024

Priyadarshini Polysacks Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 18.00 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.80 Cr
  • Satisfied Charges ₹ 68.43 Cr
  • Revenue Growth -7.50%
  • Profit Growth -46.22%
  • Ebitda -39.57%
  • Net Worth 4.54%
  • Total Assets 2.06%

About Priyadarshini Polysacks

Priyadarshini Polysacks Limited (PPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 May 1985 and has a history of 39 years and eight months. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Priyadarshini Pacaging Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 18.00 Cr.

The company currently has active open charges totaling ₹25.80 Cr. The company has closed loans amounting to ₹68.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Priyadarshini Polysacks Limited India are Vaishali Sanghvi as CFO and Rupali Gadgil as Company Secretary. Vaishali Sanghvi, Pramila Sanghavi, Aarati Sanghvi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1985PLC036373

  • Company No.

    036373

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 May 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Packaging
Environment

What products or services does Priyadarshini Polysacks Limited offer?

Priyadarshini Polysacks Limited offers a wide range of products and services, including Plastic Bags, HDPE Bags, Bulk Bags & Sacks, Cement Bag, Food Packaging Materials & Supplies, Mesh Bags.

Who are the key members and board of directors at Priyadarshini Polysacks?

Executive Team (4)

Name Designation Appointment Date Status
Pritam Sanghvi Country flag representing In Managing Director 01-Jan-2002 Current
Vaishali Sanghvi Country flag representing In CFO 01-Apr-2021 Current
Shital Sanghvi Country flag representing In Managing Director 27-Sep-1997 Current
Rupali Gadgil Company Secretary 01-Jul-2023 Current

Board Members (5)

Name Designation Appointment Date Status
Pramila Sanghavi Country flag representing In Director 30-Sep-2013 Current
Aarati Sanghvi Country flag representing In Director 30-Sep-2013 Current
Chandrakant Patil Country flag representing In Director 10-Aug-2007 Current
Nemchand Sanghvi Country flag representing In Director 13-Aug-2008 Current
Aashish Shah Country flag representing In Director 31-Dec-2020 Current

Financial Performance of Priyadarshini Polysacks.

Priyadarshini Polysacks Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.5% decrease. The company also saw a substantial fall in profitability, with a 46.22% decrease in profit. The company's net worth moved up by a moderate rise of 4.54%.

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
-7.50%
Revenue from Operations
-8.43%
Total Assets
2.06%
Profit or Loss
-46.22%
Net Worth
4.54%
EBITDA
-39.57%

What is the Ownership and Shareholding Structure of Priyadarshini Polysacks?

In 2023, Priyadarshini Polysacks 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

₹25.80 Cr

Satisfied Charges

₹68.43 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 15.12 Cr
  • Axis Bank Limited : 10.68 Cr

Latest Charge Details

Date Lender Amount Status
13 Sep 2024 Hdfc Bank Limited ₹1.58 Cr Open
17 Jan 2024 Hdfc Bank Limited ₹3.00 Cr Open
17 Nov 2022 Hdfc Bank Limited ₹1.54 Cr Open
05 Jul 2018 Axis Bank Limited ₹2.83 M Open
29 Sep 2011 Axis Bank Limited ₹10.40 Cr Open

How Many Employees Work at Priyadarshini Polysacks?

Priyadarshini Polysacks has a workforce of 185 employees as of Aug 25, 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 Priyadarshini Polysacks, 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 Priyadarshini Polysacks'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 Priyadarshini Polysacks

Recent activity within the organization

  • Annual General Meeting

    Priyadarshini Polysacks Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.58 Cr with Charge ID 100978899 was registered on 13 Sep 2024.

    13 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 9.00 Cr registered on 26 Oct 2010 with Charge ID 10254452 was modified on 15 Jul 2024.

    15 Jul 2024

  • Balance Sheet

    Priyadarshini Polysacks Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 10.40 Cr registered on 29 Sep 2011 with Charge ID 10310471 was modified on 14 Feb 2024.

    14 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100849613 was registered on 17 Jan 2024.

    17 Jan 2024

Frequently asked questions

  • Priyadarshini Polysacks Limited was incorporated on 27 May 1985.

  • The authorized share capital of Priyadarshini Polysacks Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.00 Cr.

  • Currently 10 directors are associated with Priyadarshini Polysacks Limited.

    • Vaishali Pritam Sanghvi
    • Vaishali Pritam Sanghvi
    • Pramila Nemchand Sanghavi
    • Aarati Shital Sanghvi
    • Chandrakant Bhimrao Patil
    • Pritam Nemchand Sanghvi
    • Shital Nemchand Sanghvi
    • Nemchand Chandanmal Sanghvi
    • Aashish Kiran Shah
    • Rupali Dinkarrao Gadgil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Priyadarshini Polysacks Limited is F/41 1St Floor Tradecentre Station Road India, Kolhapur, Maharashtra, 416001.

  • The corporate identification number (CIN) of Priyadarshini Polysacks Limited is U25209MH1985PLC036373 and the company number is 036373 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Priyadarshini Polysacks Limited is https://www.priyabags.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Priyadarshini Polysacks Limited has fallen by -7.50%.

  • As Per 2023 financial reports, 185 employees are currently employed by Priyadarshini Polysacks Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Priyadarshini Polysacks Limited has experienced an upsurge of 4.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Priyadarshini Polysacks Limited amount to ₹ 25.80 Cr.

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

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