Micro Plastics Profile
Key Indicators
- Authorised Capital ₹ 31.50 Cr
- Paid Up Capital ₹ 25.94 Cr
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 813.65 Cr
- Satisfied Charges ₹ 69.14 Cr
- Revenue Growth 21.51%
- Profit Growth 136.55%
- Ebitda -39.20%
- Net Worth 25.10%
- Total Assets 3.69%
About Micro Plastics
Micro Plastics Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 June 1994 and has a history of 30 years and ten months. Its registered office is in Ramanagar, Karnataka, India.
The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 31.50 Cr and a paid-up capital of Rs 25.94 Cr.
The company currently has active open charges totaling ₹813.65 Cr. The company has closed loans amounting to ₹69.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Micro Plastics Private Limited India are Dharapuram Sethumadhavan as CEO and Chandrashekar Nagaraju as Company Secretary. Nagaraj Babu, Suresh Prabhala, Manoj Sehrawat, and Two other members serve as directors at the Company.
Company Details
- Location
Ramanagar, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U19201KA1994PTC015731
- Company No.
015731
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jun 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Goods
Manufacturing
Micro Plastics Private Limited
Explore comprehensive data for Micro Plastics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Micro Plastics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagaraj Babu  | Managing Director | 08-Feb-2005 | Current |
| Dharapuram Sethumadhavan | CEO | Current | |
| Chandrashekar Nagaraju | Company Secretary | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Jaiswal | Director | 11-Aug-2023 | Current |
| Suresh Prabhala | Director | 23-Apr-2021 | Current |
| Manoj Sehrawat | Director | 23-Apr-2021 | Current |
| Mayank Agarwal | Director | 11-Aug-2023 | Current |
Financial Performance of Micro Plastics.
Micro Plastics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.51% increase. The company also saw a substantial improvement in profitability, with a 136.55% increase in profit. The company's net worth Soared by an impressive increase of 25.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Micro Plastics?
In 2022, Micro Plastics had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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S B Packagings Private LimitedManoj Jaiswal is a mutual person
Shubham Housing Development Finance Company LimitedManoj Jaiswal is a mutual person
Fabindia LimitedManoj Jaiswal is a mutual person
Charges (Loans)
Open Charges
₹813.65 Cr
Satisfied Charges
₹69.14 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 748.65 Cr
- Axis Bank Limited : 65.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2022 | Hdfc Bank Limited | ₹2.46 M | Open |
| 05 Apr 2022 | Axis Bank Limited | ₹65.00 Cr | Open |
| 27 Jan 2021 | Hdfc Bank Limited | ₹17.00 Cr | Open |
| 08 Feb 2019 | Hdfc Bank Limited | ₹401.70 Cr | Open |
| 16 Jun 2018 | Hdfc Bank Limited | ₹329.70 Cr | Open |
How Many Employees Work at Micro Plastics?
Micro Plastics has a workforce of 506 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Micro 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 Micro 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.
Latest Updates, News, and FAQs on Micro Plastics
Recent activity within the organization
- Annual General Meeting
Micro Plastics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Micro Plastics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Hdfc Bank Limited of Rs. 329.70 Cr registered on 16 Jun 2018 with Charge ID 100198035 was modified on 11 Jan 2024.
- Director Appointment
Manoj Jaiswal was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Mayank Agarwal was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 8 months .
- Charges
A charge with Axis Bank Limited of Rs. 65.00 Cr registered on 05 Apr 2022 with Charge ID 100561015 was modified on 26 Aug 2022.
Recent News, Updates & Announcement
- Kedaara Capital in Advanced Talks to Acquire Stake in Toy Manufacturer Micro Plastics Pvt. Ltd for ₹300 Crore.
Kedaara Capital wants to buy a stake in Micro Plastics Pvt. Ltd, a toy manufacturer for companies like Disney and Hasbro. The company is looking to sell a minority stake and talks with Kedaara are advanced. Micro Plastics exports to the US, UK, and Europe and also supplies plastic components to various industries. Kedaara will be their first external investor. The deal is worth around ₹300 crore. Kedaara has previously invested in other manufacturing companies and recently sold their stake in a bottle-maker. The private equity firm was founded in 2011 and raised $750 million for their second fund last year..
Frequently asked questions
What is the Incorporation or founding date of Micro Plastics Private Limited?
Micro Plastics Private Limited was incorporated on 08 Jun 1994.
What is authorized share capital and paid-up capital of Micro Plastics Private Limited?
The authorized share capital of Micro Plastics Private Limited is ₹ 31.50 Cr and paid-up capital is ₹ 25.94 Cr.
Who are the current board members & directors of Micro Plastics Private Limited?
Currently 7 directors are associated with Micro Plastics Private Limited.
- Nagaraj Vijendra Babu
- Suresh Eshwara Prabhala
- Manoj Kumar Sehrawat
- Manoj Jaiswal
- Mayank Agarwal
- Dharapuram Srinivasan Sethumadhavan
- Chandrashekar Bandenahally Nagaraju
What is the registered address of Micro Plastics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Micro Plastics Private Limited is Plot No.318G 2Nd Phase Kiadb Industrial Area Kanakapura Taluk, Raman Agar Dist India, Harohalli, Karnataka, 562112.
What is the corporate identification number (CIN) and company number of Micro Plastics Private Limited?
The corporate identification number (CIN) of Micro Plastics Private Limited is U19201KA1994PTC015731 and the company number is 015731 as per Ministry of Corporate Affairs (MCA).
What is the official website of Micro Plastics Private Limited?
The Official website of Micro Plastics Private Limited is https://www.microplasticsindia.com
What has been the recent revenue trend for Micro Plastics Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Micro Plastics Private Limited has risen by 21.51%.
How many employees does Micro Plastics Private Limited currently have?
As Per 2022 financial reports, 506 employees are currently employed by Micro Plastics Private Limited.
What change has been observed in the net worth of Micro Plastics Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Micro Plastics Private Limited has experienced an upsurge of 25.10%.
What are the total open charges for Micro Plastics Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Micro Plastics Private Limited amount to ₹ 813.65 Cr.
When was the last Balance Sheet of Micro Plastics Private Limited filed with the ROC?
The most recent Balance Sheet for Micro Plastics Private Limited was filed with the ROC on 31 Mar 2024.
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