Vineet Plastics Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.98 Cr
- Company Age 37 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.17 Cr
- Satisfied Charges ₹ 24.26 Cr
- Revenue Growth -24.13%
- Profit Growth 72.91%
- Ebitda 18.14%
- Net Worth 5.03%
- Total Assets 4.06%
About Vineet Plastics
Vineet Plastics Limited (VPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 December 1987 and has a history of 37 years and one month. Its registered office is in Varanasi, Uttar Pradesh, India.
The Corporate was formerly known as Vineet Plastics Private Limited. The Company is engaged in the Home & Lifestyle 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 2.50 Cr and a paid-up capital of Rs 1.98 Cr.
The company currently has active open charges totaling ₹14.17 Cr. The company has closed loans amounting to ₹24.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Piyush Agrawal, Ram Agrawal, and Sachin Agrawal serve as directors at the Company.
Company Details
-
Location
Varanasi, Uttar Pradesh, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U25201UP1987PLC009212
-
Company No.
009212
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
17 Dec 1987
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Kanpur
Industry
What products or services does Vineet Plastics Limited offer?
Vineet Plastics Limited offers a wide range of products and services, including PVC Pipes, Flexible PVC Tube, PVC, FRP, HDPE & Other Plastic Pipes, Borewell Pipes, PET Granules & Plastic Raw Material, Plastic Powder, Plastic Granules, Plumbing Pipe, Water Tanks, Water Storage Tanks.
Who are the key members and board of directors at Vineet Plastics?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyush Agrawal
|
Director | 06-Nov-2002 | Current |
|
Ram Agrawal
|
Director | 08-Feb-2017 | Current |
|
Sachin Agrawal
|
Director | 06-Nov-2002 | Current |
Financial Performance of Vineet Plastics.
Vineet Plastics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.13% decrease. The company also saw a substantial improvement in profitability, with a 72.91% increase in profit. The company's net worth moved up by a moderate rise of 5.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Vineet Plastics?
In 2023, Vineet Plastics had a promoter holding of 54.21% and a public holding of 45.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Scottra Motors Private LimitedPiyush Agrawal and Sachin Agrawal are mutual person
-
Swarnabhoomi International Private Limited
Piyush Agrawal and Sachin Agrawal are mutual person
-
Sachin Pipes Private Limited
Ram Agrawal is a mutual person
Charges (Loans)
₹14.17 Cr
₹24.26 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 14.08 Cr
- Bank Of India : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2023 | Hdfc Bank Limited | ₹4.00 Cr | Open |
| 20 Feb 2023 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 21 Oct 2022 | Hdfc Bank Limited | ₹0.81 M | Open |
| 10 Nov 2015 | Bank Of India | ₹0.87 M | Open |
| 30 Apr 2022 | Bank Of India | ₹3.55 M | Satisfied |
How Many Employees Work at Vineet Plastics?
Vineet Plastics has a workforce of 10 employees as of Apr 07, 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 Vineet 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 Vineet 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.
