Pro-Seal Closures Limited.

Manufacturer of closure systems for steel drums used in various industries worldwide.

1989 | Navi Mumbai, Maharashtra (India) | Merged
Last Updated: January 15, 2025

Pro-Seal Closures Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 6.42 Cr
  • Revenue Growth -6.17%
  • Profit Growth 14.80%
  • Ebitda -2.15%
  • Net Worth 34.79%
  • Total Assets 7.05%

About Pro-Seal Closures

Pro-Seal Closures Limited. (PCL) is Amalgamated company established on 09 Jun 1989 with its office registered at and has been running since 35 Year, 7 Months with a paid up capital of 2.20 M. According to MCA records, 3 Directors are linked to this company as of 15 Jan 2025.

Company Details

  • Location
    Navi Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1989PLC270522

  • Company No.

    270522

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1989

  • Date of AGM

    29 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

Who are the key members and board of directors at Pro-Seal Closures?

Board Members (3)

Name Designation Appointment Date Status
Prabal Basu Country flag representing In Nominee Director 13-May-2016 Current
Dhandapani Selvam Country flag representing In Nominee Director 07-May-2015 Current
Reinier Hietink Country flag representing Nl Nominee Director 09-Jan-2008 Current

Financial Performance of Pro-Seal Closures.

Pro-Seal Closures Limited., for the financial year ended 2016, experienced Minor drop in revenue, with a 6.17% decrease. The company also saw a substantial improvement in profitability, with a 14.8% increase in profit. The company's net worth Soared by an impressive increase of 34.79%.

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
-6.17%
Revenue from Operations
-6.91%
Total Assets
7.05%
Profit or Loss
14.80%
Net Worth
34.79%
EBITDA
-2.15%

What is the Ownership and Shareholding Structure of Pro-Seal Closures?

In 2016, Pro-Seal Closures had a public 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

₹64.15 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.85 Cr
  • Karanataka State Financial Corporation : 0.72 Cr
  • Karnataka State Financial Corporaiton : 0.72 Cr
  • Karnataka State Financial Corporation : 0.58 Cr
  • Canara Bnak : 0.40 Cr
  • Others : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
21 Jul 2012 Corporation Bank ₹0.64 M Satisfied
20 Jun 2011 Corporation Bank ₹0.56 M Satisfied
28 Nov 2007 Corporation Bank ₹0.25 M Satisfied
26 Mar 2003 Canara Bank ₹4.00 M Satisfied
26 Mar 2003 Canara Bnak ₹4.00 M Satisfied

How Many Employees Work at Pro-Seal Closures?

Unlock and access historical data on people associated with Pro-Seal Closures, 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 Pro-Seal Closures, 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 Pro-Seal Closures'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 Pro-Seal Closures

Recent activity within the organization

  • Annual General Meeting

    Pro-Seal Closures Limited. last Annual general meeting of members was held on 29 Sep 2016 as per latest MCA records.

    29 Sep 2016

  • Director Appointment

    Prabal Basu was appointed as a Nominee Director was appointed as a Nominee Director on 13 May 2016 & has been associated with this company since 8 years 8 months .

    13 May 2016

  • Balance Sheet

    Pro-Seal Closures Limited. has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.

    31 Mar 2016

  • Charges

    A charge registered on 21 Jul 2012 via Charge ID 10370117 with Corporation Bank was fully satisfied on 09 Nov 2015.

    09 Nov 2015

  • Charges

    A charge registered on 20 Jun 2011 via Charge ID 10322698 with Corporation Bank was fully satisfied on 21 Aug 2015.

    21 Aug 2015

  • Charges

    A charge registered on 28 Nov 2007 via Charge ID 10081667 with Corporation Bank was fully satisfied on 21 Aug 2015.

    21 Aug 2015

Frequently asked questions

  • Pro-Seal Closures Limited. was incorporated on 09 Jun 1989.

  • The authorized share capital of Pro-Seal Closures Limited. is ₹ 5.00 M and paid-up capital is ₹ 2.20 M.

  • Currently 3 directors are associated with Pro-Seal Closures Limited..

    • Prabal Basu
    • Dhandapani Sothi Selvam
    • Reinier Hietink
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pro-Seal Closures Limited. is D-195/2, Ttc Indl Area Midc Turbhe India, Navi Mumbai, Maharashtra, 400705.

  • The corporate identification number (CIN) of Pro-Seal Closures Limited. is U27100MH1989PLC270522 and the company number is 270522 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pro-Seal Closures Limited. is https://www.prosealclosures.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Pro-Seal Closures Limited. has fallen by -6.17%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Pro-Seal Closures Limited. has experienced an upsurge of 34.79%.

  • The most recent Balance Sheet for Pro-Seal Closures Limited. was filed with the ROC on 31 Mar 2016.

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