Propene Products Limited
Manufacturer of PP/HDPE woven products and packaging materials since 1977.
1977 | Kanpur Nagar, Uttar Pradesh (India) | Active
Propene Products Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.84 Cr
- Company Age 47 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.97 Cr
- Satisfied Charges ₹ 27.00 Cr
- Revenue Growth 37.60%
- Profit Growth 196.52%
- Ebitda -15.24%
- Net Worth 2.12%
- Total Assets -0.80%
About Propene Products
Propene Products Limited (PPL) is a Public Limited Indian Non-Government Company incorporated in India on 26 September 1977 and has a history of 47 years and seven months. Its registered office is in Kanpur Nagar, Uttar Pradesh, 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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.84 Cr.
The company currently has active open charges totaling ₹15.97 Cr. The company has closed loans amounting to ₹27.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vivek Tandon, Abhimanyu Tandon, Maiher Tandon, and One other member serve as directors at the Company.
Company Details
- Location
Kanpur Nagar, Uttar Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U21014UP1977PLC004482
- Company No.
004482
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Sep 1977
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Packaging
Propene Products Limited
Explore comprehensive data for Propene Products Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Propene Products?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Tandon  | Director | 09-Mar-1993 | Current |
| Abhimanyu Tandon | Director | 01-Dec-1995 | Current |
| Maiher Tandon | Director | 10-Apr-2012 | Current |
| Adarsh Tandon | Director | 20-May-2023 | Current |
Financial Performance of Propene Products.
Propene Products Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.6% increase. The company also saw a substantial improvement in profitability, with a 196.52% increase in profit. The company's net worth moved up by a moderate rise of 2.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Propene Products?
In 2023, Propene Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shree Polymers And Packers Private Limited
Abhimanyu Tandon is a mutual person
Charges (Loans)
Open Charges
₹15.97 Cr
Satisfied Charges
₹27.00 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 12.34 Cr
- Bankof Baroda : 3.50 Cr
- Hdfc Bank Limited : 0.12 Cr
- U.P.F.C. : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2022 | Hdfc Bank Limited | ₹0.60 M | Open |
| 04 Feb 2022 | Hdfc Bank Limited | ₹0.60 M | Open |
| 15 Feb 2000 | Bank Of Baroda | ₹8.50 Cr | Open |
| 27 Jan 2000 | Bankof Baroda | ₹1.00 Cr | Open |
| 22 Sep 1999 | Bank Of Baroda | ₹5.00 M | Open |
How Many Employees Work at Propene Products?
Propene Products has a workforce of 1 employees as of Apr 09, 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 Propene Products, 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 Propene Products'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 Propene Products
Recent activity within the organization
- Annual General Meeting
Propene Products Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 23 Apr 1998 via Charge ID 90281244 with The Pradeshiya Industrial & Investment Corporaiton Of Up Ltd was fully satisfied on 02 Sep 2024.
- Charges
A charge registered on 29 Mar 1993 via Charge ID 90274303 with The Pradeshiya Industrial & Investment Corporation Of Up Ltd was fully satisfied on 02 Sep 2024.
- Charges
A charge registered on 06 Jan 1998 via Charge ID 90274866 with Industrial Development Bank Of India was fully satisfied on 26 Jul 2024.
- Charges
A charge registered on 18 Nov 1997 via Charge ID 90274830 with Industrial Development Bank Of India was fully satisfied on 26 Jul 2024.
- Charges
A charge registered on 17 Mar 1997 via Charge ID 90274735 with Industrial Development Bank Of India was fully satisfied on 26 Jul 2024.
Frequently asked questions
What is the Incorporation or founding date of Propene Products Limited?
Propene Products Limited was incorporated on 26 Sep 1977.
What is authorized share capital and paid-up capital of Propene Products Limited?
The authorized share capital of Propene Products Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.84 Cr.
Who are the current board members & directors of Propene Products Limited?
Currently 4 directors are associated with Propene Products Limited.
- Vivek Tandon
- Abhimanyu Tandon
- Maiher Tandon
- Adarsh Tandon
What is the registered address of Propene Products Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Propene Products Limited is E-10 Panki Industrialarea India, Kanpur, Uttar Pradesh, 208022.
What is the corporate identification number (CIN) and company number of Propene Products Limited?
The corporate identification number (CIN) of Propene Products Limited is U21014UP1977PLC004482 and the company number is 004482 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Propene Products Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Propene Products Limited has risen by 37.60%.
How many employees does Propene Products Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Propene Products Limited.
What change has been observed in the net worth of Propene Products Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Propene Products Limited has experienced an upsurge of 2.12%.
What are the total open charges for Propene Products Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Propene Products Limited amount to ₹ 15.97 Cr.
When was the last Balance Sheet of Propene Products Limited filed with the ROC?
The most recent Balance Sheet for Propene Products Limited was filed with the ROC on 31 Mar 2024.
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