About Padmini Petroplast Private Limited
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Padmini Petroplast Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 17 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1998PTC117499. Its GSTIN is 27AABCP4496R2ZI (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.15 Cr. It is led by directors Prakash Ghisulalji Shah (Managing Director) and Pravin Ghisulal Shah.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 105 Tirupati Udyog Bhavanopp Laghu Udyog I B Patel Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2018, the company reported a revenue of ₹53.39 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹24.24 Lakh (net margin -45.4%) and EBITDA of -₹12,031 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 89% over three years.
As per MCA filings, the company has open charges of ₹62.22 Cr and satisfied charges of ₹22.57 Cr on record. Court records list 21 cases involving the company, including 8 filed by the company and 13 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website padmini.co.
Company details
Contact details
Padmini Petroplast Private Limited's registered office is in Mumbai, Maharashtra. Its website is padmini.co. Its e-mail address is in the company report.
- Email
- Website
- Registered Address105 Tirupati Udyog Bhavanopp Laghu Udyog I B Patel Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Padmini Petroplast Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Padmini Petroplast is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Padmini Petroplast Private Limited, buy the company report.
Financials of Padmini Petroplast Private Limited
FY 2018 filings availablePadmini Petroplast Private Limited reported revenue of ₹53.39 Lakh (down 26% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 89%. EBITDA rose 99% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹53.39 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹12,031 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹24.24 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.2% | |||
| Net Profit Margin | -45.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Padmini Petroplast Private Limited, buy the company report.
Board of directors of Padmini Petroplast Private Limited
Padmini Petroplast has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Ghisulalji Shah Also directs: Star Plasto Mould Private Limited | Managing Director | 17 Dec 1998 | 27 Years 10 Months | Current |
| Pravin Ghisulal Shah | Director | 17 Dec 1998 | 27 Years 10 Months | Current |
Peer comparison
Padmini Petroplast Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhicement Udhyog Private Limited | ₹53.41 Lakh (FY 2025) | -74.0% | Jaipur, Rajasthan, India | |||
| Jry Tradeworth Private Limited | ₹53.4 Lakh (FY 2025) | -28.0% | Gmc, Assam, India | |||
| Nexus Dyes and Chemicals Private Limited | ₹53.4 Lakh (FY 2024) | -78.0% | Udaipur, Rajasthan, India | |||
| Naksh Venture Private Limited | ₹53.4 Lakh (FY 2025) | 233.0% | Hapur, Uttar Pradesh, India | |||
| Samaddar Agro Allied Products Private Limited | ₹53.39 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Padmini Petroplast Private Limitedthis company | ₹53.39 Lakh (FY 2018) | -₹24.24 Lakh | -45.4% | -26.0% | Mumbai, Maharashtra, India | |
| Gladia Healthcare Private Limited | ₹53.39 Lakh (FY 2025) | -1.0% | Hajipur, Bihar, India | |||
| Standard Electrosystem Private Limited. | ₹53.39 Lakh (FY 2024) | 52.0% | Bokaro, Jharkhand, India | |||
| Modern Daily Needs Private Limited | ₹53.39 Lakh (FY 2025) | 1.0% | Karnal, Haryana, India | |||
| RMVP Technologies Private Limited | ₹53.38 Lakh (FY 2025) | -56.0% | New Delhi, Delhi, India | |||
| Careintco Private Limited | ₹53.38 Lakh (FY 2024) | 190.0% | Malappuram, Kerala, India |
To see the full peer comparison of Padmini Petroplast Private Limited, buy the company report.
Auditor
Padmini Petroplast Private Limited is audited by DEEPAK MARU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK MARU & CO | FY 2018 | 115678W |
Shareholding
The shareholding of Padmini Petroplast Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Padmini Petroplast Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2010 | 10222219 | ₹20.22 Cr | Open | ||
| 05 Mar 2010 | 10209251 | Abhyudaya Co-Op. Bank Ltd. | ₹14 Cr | Open | |
| 06 Oct 2008 | 10129630 | Syndicate Bank | ₹14 Cr | Open | |
| 27 Sep 2008 | 10129816 | Syndicate Bank | ₹14 Cr | Open | |
| 22 Aug 2009 | 10172483 | S. E. Investments Limited | ₹1 Cr | Satisfied |
To see the full charge records of Padmini Petroplast Private Limited, buy the company report.
Total charge records: 29 View all charges
Legal cases
Padmini Petroplast Private Limited has 21 court cases on record: 8 filed by Padmini Petroplast, 13 filed against it. 2 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 0 |
| High courts | 10 | 3 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by M/S Star Plasto Mould Pvt.Ltd and Anr | Pending |
| Bombay High Court | Arbitration matter | Filed by the company against Star Plasto Mould Pvt.Ltd. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Apex Techno Polymer Pvt.Ltd and 2 Ors and 2 others | Disposed |
| Bombay High Court | Appeal | Filed against the company by Apex Techno Polymer Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CNPCP) | Filed by the company against Apex Techno Polymer Pvt. Ltd. and 2 Others | Disposed |
To see the full case history of Padmini Petroplast Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Padmini Petroplast Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Padmini Petroplast has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4496R2ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Padmini Petroplast Private Limited, buy the company report.
Recent activity
Padmini Petroplast Private Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Lalitkumar Ghisulal Lodha ceased to be Director on 11 Aug 2016.
59 earlier events are in the company report.
Frequently asked questions
Padmini Petroplast is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 17 December 1998 (28+ years old) and is registered under CIN U51909MH1998PTC117499.
Padmini Petroplast has 2 current directors:
- Prakash Ghisulalji Shah - Managing Director
- Pravin Ghisulal Shah - Director
The latest financial statements of Padmini Petroplast on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Padmini Petroplast is 27AABCP4496R2ZI, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Padmini Petroplast is U51909MH1998PTC117499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmini Petroplast has 21 court cases on record: 8 filed by the company and 13 filed against it. 2 are pending. Most are in the district courts.
Padmini Petroplast was incorporated on 17 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Padmini Petroplast by revenue are Abhicement Udhyog Private Limited, Jry Tradeworth Private Limited, Nexus Dyes and Chemicals Private Limited, Naksh Venture Private Limited, Samaddar Agro Allied Products Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Lalitkumar Ghisulal Lodha ceased to be Director on 11 Aug 2016. Lalitkumar Ghisulal Lodha was appointed as Director on 17 Dec 1998. Prakash Ghisulalji Shah was appointed as Managing Director on 17 Dec 1998. Padmini Petroplast has 4 board changes on record in total.
Padmini Petroplast can be reached through the website padmini.co. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Padmini Petroplast is at 105 Tirupati Udyog Bhavanopp Laghu Udyog I B Patel Goregaon East, Mumbai, Maharashtra, India – 400063.