Ratna Plastics Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 16-11-2024
- Paid Up Capital ₹ 6.89 M
as on 16-11-2024
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.69 Cr
as on 16-11-2024
- Revenue -35.03%
(FY 2023)
- Profit -556.65%
(FY 2023)
- Ebitda -496.84%
(FY 2023)
- Net Worth -177.84%
(FY 2023)
- Total Assets -22.30%
(FY 2023)
About Ratna Plastics
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 7.50 M and a paid-up capital of Rs 6.89 M.
The company currently has active open charges totaling ₹2.69 Cr.
Satyanarayana Akula, Venkateswara Akula, and Veerraghava Akula serve as directors at the Company.
- CIN/LLPIN
U25209AP1992PLC014924
- Company No.
014924
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Oct 1992
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- LocationRajahmundry, Andhra Pradesh
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Ratna Plastics Limited offer?
Ratna Plastics Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, Drainage Pipe, Borewell Pipes.
Who are the key members and board of directors at Ratna Plastics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veerraghava Akula  | Managing Director | 23-Oct-1992 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Satyanarayana Akula | Director | 23-Oct-1992 | Current |
| Venkateswara Akula | Director | 23-Oct-1992 | Current |
Financial Performance of Ratna Plastics.
Ratna Plastics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.03% decrease. The company also saw a substantial fall in profitability, with a 556.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 177.84%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ratna Plastics?
In 2023, Ratna Plastics had a promoter holding of 60.97% and a public holding of 39.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sai Medical Enterprises Private LimitedActive 27 years 6 monthsSatyanarayana Akula is a mutual person
- Ratna India LimitedActive 9 years 10 months
Venkateswara Akula and Veerraghava Akula are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
City Union Bank Limited Creation Date: 01 Sep 2004 | ₹2.40 Cr | Open |
Taminlnad Mercantile Bank Limited Creation Date: 10 May 1995 | ₹0.50 M | Open |
Taminlnad Mercantile Bank Limited Creation Date: 06 Jan 1995 | ₹2.34 M | Open |
How Many Employees Work at Ratna Plastics?
Ratna Plastics has a workforce of 4 employees as of Apr 03, 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 Ratna 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 Ratna Plastics'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.
