Vardhman Plastics Pvt Ltd

Manufacturer and trader of plastic products, specializing in HDPE and polypropylene materials.

1996 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Vardhman Plastics Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.11 Cr
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.09 Cr
  • Satisfied Charges ₹ 7.51 Cr
  • Revenue Growth -45.56%
  • Profit Growth -47.14%
  • Ebitda -46.97%
  • Net Worth 6.67%
  • Total Assets 2.86%

About Vardhman Plastics

Vardhman Plastics Pvt Ltd (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 May 1996 and has a history of 28 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Metals And Minerals 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 1.25 Cr and a paid-up capital of Rs 1.11 Cr.

The company currently has active open charges totaling ₹4.09 Cr. The company has closed loans amounting to ₹7.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Jain, Subhash Jain, Gajender Jain, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28113WB1996PTC079608

  • Company No.

    079608

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Chemicals and Materials

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

Board Members (5)

NameDesignationAppointment DateStatus
Gaurav Jain Country flag representing In Director 13-Jul-2021Current
Amit Jain Country flag representing In Additional Director 09-Feb-2008Current
Subhash Jain Country flag representing In Director 09-May-1996Current
Gajender Jain Country flag representing In Director 03-Jan-1997Current
Kritika Jain Country flag representing In Director 16-Aug-2023Current

Financial Performance of Vardhman Plastics.

Vardhman Plastics Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.56% decrease. The company also saw a substantial fall in profitability, with a 47.14% decrease in profit. The company's net worth moved up by a moderate rise of 6.67%.

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
-45.56%
Revenue from Operations
-46.45%
Total Assets
2.86%
Profit or Loss
-47.14%
Net Worth
6.67%
EBITDA
-46.97%

What is the Ownership and Shareholding Structure of Vardhman Plastics?

In 2023, Vardhman Plastics had a promoter holding of 28.56% and a public holding of 71.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.09 Cr

Satisfied Charges

₹7.51 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.62 Cr
  • Others : 0.47 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2024Axis Bank Limited₹5.00 MOpen
25 Aug 2022Axis Bank Limited₹3.12 CrOpen
14 Mar 2022Others₹1.60 MOpen
12 Oct 2020Others₹3.10 MOpen
15 Oct 2020Others₹3.10 MSatisfied

How Many Employees Work at Vardhman Plastics?

Vardhman Plastics has a workforce of 2 employees as of Apr 06, 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 Vardhman 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 Vardhman 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 Vardhman Plastics

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100842214 was registered on 04 Jan 2024.

    04 Jan 2024

  • Annual General Meeting

    Vardhman Plastics Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Kritika Jain was appointed as a Director was appointed as a Director on 16 Aug 2023 & has been associated with this company since 1 year 6 months .

    16 Aug 2023

  • Balance Sheet

    Vardhman Plastics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 3.12 Cr registered on 25 Aug 2022 with Charge ID 100603565 was modified on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge registered on 18 Dec 2019 via Charge ID 100319500 with Others was fully satisfied on 31 Oct 2022.

    31 Oct 2022

Frequently asked questions

  • Vardhman Plastics Pvt Ltd was incorporated on 09 May 1996.

  • The authorized share capital of Vardhman Plastics Pvt Ltd is ₹ 1.25 Cr and paid-up capital is ₹ 1.11 Cr.

  • Currently 5 directors are associated with Vardhman Plastics Pvt Ltd.

    • Amit Subhash Jain
    • Subhash Chander Jain
    • Gajender Prasad Jain
    • Gaurav Jain
    • Kritika Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vardhman Plastics Pvt Ltd is 129 Cotton St India, Kolkata, West Bengal, 700007.

  • The corporate identification number (CIN) of Vardhman Plastics Pvt Ltd is U28113WB1996PTC079608 and the company number is 079608 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Vardhman Plastics Pvt Ltd has fallen by -45.56%.

  • As Per 2023 financial reports, 2 employees are currently employed by Vardhman Plastics Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Vardhman Plastics Pvt Ltd has experienced an upsurge of 6.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Vardhman Plastics Pvt Ltd amount to ₹ 4.09 Cr.

  • The most recent Balance Sheet for Vardhman Plastics Pvt Ltd was filed with the ROC on 31 Mar 2023.

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