Saraswati Plastotech India Private Limited

Manufacturer of polycarbonate sheets for food, pharma, and infrastructure industries with three units in Jammu.

2009 | Mohali, Punjab (India) | Active
Last Updated: June 17, 2024

Saraswati Plastotech India Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 48.17 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 349.81 Cr
  • Satisfied Charges ₹ 184.94 Cr
  • Revenue Growth -0.13%
  • Profit Growth -55.53%
  • Ebitda -27.26%
  • Net Worth 9.11%
  • Total Assets 11.95%

About Saraswati Plastotech India

Saraswati Plastotech India Private Limited (SPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 2009 and has a history of 15 years and three months. Its registered office is in Mohali, Punjab, India.

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 50.00 Cr and a paid-up capital of Rs 48.17 Cr.

The company currently has active open charges totaling ₹349.81 Cr. The company has closed loans amounting to ₹184.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saraswati Plastotech India Private Limited India is Rajiv Dhiman as COMPANY SECRETARY. Nidhi Jain, Abhi Bansal, Lalit Bansal, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200PB2009PTC033308

  • Company No.

    033308

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Saraswati Plastotech India Private Limited offer?

Saraswati Plastotech India Private Limited offers a wide range of products and services, including Polycarbonate Sheet, Triple Wall Polycarbonate Sheet, Roofing and False ceiling, PVC, LDPE, HDPE & Plastic Sheets, Polyethylene Sheet, Pens, Camlin Pens, Multiwall Polycarbonate Sheet, Roofing Sheets, Casting, Moulding & Forging Machines.

Who are the key members and board of directors at Saraswati Plastotech India?

Executive Team (2)

Name Designation Appointment Date Status
Rajiv Dhiman Country flag representing In Company Secretary 04-Jan-2021 Current
Suraj Bansal Country flag representing In Managing Director 22-Oct-2009 Current

Board Members (4)

Name Designation Appointment Date Status
Abhi Bansal Country flag representing In Director 04-Jan-2021 Current
Nidhi Jain Country flag representing In Whole-Time Director 26-Oct-2009 Current
Lalit Bansal Country flag representing In Director 26-Oct-2009 Current
Sushma Bansal Country flag representing In Director 06-Nov-2009 Current

Financial Performance of Saraswati Plastotech India.

Saraswati Plastotech India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.13% decrease. The company also saw a substantial fall in profitability, with a 55.53% decrease in profit. The company's net worth moved up by a moderate rise of 9.11%.

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
-0.13%
Revenue from Operations
0.26%
Total Assets
11.95%
Profit or Loss
-55.53%
Net Worth
9.11%
EBITDA
-27.26%

What is the Ownership and Shareholding Structure of Saraswati Plastotech India?

In 2023, Saraswati Plastotech India 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

₹349.81 Cr

Satisfied Charges

₹184.94 Cr

Charges Breakdown by Lending Institutions

  • The Jammu And Kashmir Bank Limited : 150.25 Cr
  • Yes Bank Limited : 98.34 Cr
  • Hdfc Bank Limited : 74.60 Cr
  • Others : 26.63 Cr

Latest Charge Details

Date Lender Amount Status
30 Dec 2023 Yes Bank Limited ₹98.34 Cr Open
06 Nov 2023 Others ₹1.25 M Open
30 May 2022 Hdfc Bank Limited ₹74.60 Cr Open
11 Mar 2022 Others ₹26.50 Cr Open
22 May 2018 The Jammu And Kashmir Bank Limited ₹0.57 M Open

How Many Employees Work at Saraswati Plastotech India?

Saraswati Plastotech India has a workforce of 75 employees as of Mar 30, 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 Saraswati Plastotech India, 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 Saraswati Plastotech India'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 Saraswati Plastotech India

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 98.34 Cr with Charge ID 100868883 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100816979 was registered on 06 Nov 2023.

    06 Nov 2023

  • Annual General Meeting

    Saraswati Plastotech India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 74.60 Cr registered on 30 May 2022 with Charge ID 100583716 was modified on 12 Apr 2023.

    12 Apr 2023

  • Balance Sheet

    Saraswati Plastotech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 74.60 Cr with Charge ID 100583716 was registered on 30 May 2022.

    30 May 2022

Frequently asked questions

  • Saraswati Plastotech India Private Limited was incorporated on 22 Oct 2009.

  • The authorized share capital of Saraswati Plastotech India Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 48.17 Cr.

  • Currently 6 directors are associated with Saraswati Plastotech India Private Limited.

    • Nidhi Jain
    • Rajiv Dhiman
    • Abhi Bansal
    • Lalit Kumar Bansal
    • Suraj Kumar Bansal
    • Sushma Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saraswati Plastotech India Private Limited is 1708 3B-2, Mohali, Punjab, India, 160059.

  • The corporate identification number (CIN) of Saraswati Plastotech India Private Limited is U25200PB2009PTC033308 and the company number is 033308 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saraswati Plastotech India Private Limited is https://www.saraswati-group.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saraswati Plastotech India Private Limited has fallen by -0.13%.

  • As Per 2023 financial reports, 75 employees are currently employed by Saraswati Plastotech India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saraswati Plastotech India Private Limited has experienced an upsurge of 9.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saraswati Plastotech India Private Limited amount to ₹ 349.81 Cr.

  • The most recent Balance Sheet for Saraswati Plastotech India Private Limited was filed with the ROC on 31 Mar 2023.

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