Prominent Plastics Limited

Manufactures and sells various types of plastic goods and products.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated:

Prominent Plastics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.06 Cr
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth 103.90%
  • Profit Growth -479.38%
  • Ebitda -286.33%
  • Net Worth -8.76%
  • Total Assets -12.37%

About Prominent Plastics

Prominent Plastics Limited (PPL) is a Public Limited Indian Non-Government Company incorporated in India on 29 March 1985 and has a history of 40 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Prominent Plastics Private Limited. 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 5.00 Cr and a paid-up capital of Rs 1.06 Cr.

The company has closed loans amounting to ₹4.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Abhishek Patel, Chirag Desai, and Poonam Patel serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200MH1985PLC035800

  • Company No.

    035800

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Prominent Plastics Limited

Explore comprehensive data for Prominent Plastics Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Prominent Plastics?

Board Members (3)

NameDesignationAppointment DateStatus
Abhishek Patel Country flag representing In Director 05-Aug-2020Current
Chirag Desai Country flag representing In Director 05-Mar-2014Current
Poonam Patel Country flag representing In Director 20-Apr-2019Current

Financial Performance of Prominent Plastics.

Prominent Plastics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 103.9% increase. The company also saw a substantial fall in profitability, with a 479.38% decrease in profit. The company's net worth dipped by a decrease of 8.76%.

Prominent Plastics revenue growth over time
Prominent Plastics 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
103.90%
Revenue from Operations
Total Assets
-12.37%
Profit or Loss
-479.38%
Net Worth
-8.76%
EBITDA
-286.33%

What is the Ownership and Shareholding Structure of Prominent Plastics?

In 2023, Prominent Plastics 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

₹0

Satisfied Charges

₹4.00 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2017Yes Bank Limited₹4.00 CrSatisfied

How Many Employees Work at Prominent Plastics?

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

Employee growth trends for Prominent Plastics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prominent 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 Prominent 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 Prominent Plastics

Recent activity within the organization

  • Annual General Meeting

    Prominent Plastics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Prominent Plastics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 07 Jun 2017 via Charge ID 100102947 with Yes Bank Limited was fully satisfied on 04 Mar 2021.

  • Director Appointment

    Abhishek Rahul Patel was appointed as a Director was appointed as a Director on 05 Aug 2020 & has been associated with this company since 4 years 9 months .

  • Director Appointment

    Poonam Pranay Patel was appointed as a Director was appointed as a Director on 20 Apr 2019 & has been associated with this company since 6 years 1 month .

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100102947 was registered on 07 Jun 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Prominent Plastics Limited?

    Prominent Plastics Limited was incorporated on 29 Mar 1985.

  • What is authorized share capital and paid-up capital of Prominent Plastics Limited?

    The authorized share capital of Prominent Plastics Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.06 Cr.

  • Who are the current board members & directors of Prominent Plastics Limited?

    Currently 3 directors are associated with Prominent Plastics Limited.

    • Abhishek Rahul Patel
    • Chirag Jitendrabhai Desai
    • Poonam Pranay Patel

  • What is the registered address of Prominent Plastics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prominent Plastics Limited is 417-419 Midassahar Plaza, Mathuradas Vasanji Rd Andheri, Mumbai, Maharashtra, India, 400059.

  • What is the corporate identification number (CIN) and company number of Prominent Plastics Limited?

    The corporate identification number (CIN) of Prominent Plastics Limited is U25200MH1985PLC035800 and the company number is 035800 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Prominent Plastics Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Prominent Plastics Limited has risen by 103.90%.

  • What change has been observed in the net worth of Prominent Plastics Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Prominent Plastics Limited has experienced an downturn of -8.76%.

  • When was the last Balance Sheet of Prominent Plastics Limited filed with the ROC?

    The most recent Balance Sheet for Prominent Plastics Limited was filed with the ROC on 31 Mar 2023.

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