Vipul-S Plastocrafts Private Limited
About Vipul-S Plastocrafts Private Limited
Data last updated:
Vipul-S Plastocrafts Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 05 November 1997.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209MH1997PTC111706. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.37 Cr. It is led by directors Rajeshkumar Ashwanikumar Mishra and Akhilahmed Shaikhsaheb Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Orchid Villa Plot No.85 Sector 25 Pcntda Pradhikaran Nigdi, Pune, Maharashtra, India – 411044.
As per the financials filed for FY 2016, the company reported a revenue of ₹8.42 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹46.03 Lakh (net margin -5.5%) and EBITDA of ₹2.97 Cr (EBITDA margin 35.3%).
As per MCA filings, the company has open charges of ₹21.43 Cr and satisfied charges of ₹15.66 Cr on record. Court records list 35 cases involving the company, including 35 filed against it; 5 cases are pending.
Company details
Contact details
Vipul-S Plastocrafts Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOrchid Villa Plot No.85 Sector 25 Pcntda Pradhikaran Nigdi, Pune, Maharashtra, India – 411044
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Vipul-S Plastocrafts 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 Vipul-S Plastocrafts is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Vipul-S Plastocrafts Private Limited, buy the company report.
Financials of Vipul-S Plastocrafts Private Limited
FY 2016 filings availableVipul-S Plastocrafts Private Limited reported revenue of ₹8.42 Cr (up 3% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year. EBITDA rose 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹8.42 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.97 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹46.03 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 35.3% | |
| Net Profit Margin | -5.5% | |
| 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 Vipul-S Plastocrafts Private Limited, buy the company report.
Board of directors of Vipul-S Plastocrafts Private Limited
Vipul-S Plastocrafts has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Ashwanikumar Mishra | Additional Director | 26 Aug 2017 | 9 Years 2 Months | As last reported |
| Akhilahmed Shaikhsaheb Shaikh | Additional Director | 05 Sep 2017 | 9 Years 1 Months | As last reported |
Auditor
Vipul-S Plastocrafts Private Limited is audited by PAWAR & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAR & ASSOCIATES | FY 2016 | 130148W |
Shareholding
The shareholding of Vipul-S Plastocrafts Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vipul-S Plastocrafts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2011 | 10270943 | The Thane Janata Sahakari Bank Limited | ₹1 Cr | Open | |
| 27 Jan 2011 | 10270954 | Tjsb Sahakari Bank Limited | ₹2.5 Cr | Open | |
| 19 Jan 2011 | 10271574 | Tjsb Sahakari Bank Limited | ₹7.5 Cr | Open | |
| 16 Dec 2009 | 10190458 | Volkswagen India Private Limited | ₹5.5 Lakh | Open | |
| 14 Dec 2009 | 10189791 | Volkswagen India Private Limited | ₹7.44 Lakh | Open |
To see the full charge records of Vipul-S Plastocrafts Private Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Vipul-S Plastocrafts Private Limited has 35 court cases on record: 35 filed against it. 5 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 33 | 5 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Ms Oc Specialities Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Court case (Spl .Dkst) | Filed against the company by M/S Trimurti Plast Containers Pvt Ltd Through Rajendra Ramesh Mirje | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd. (Rep. Nancy Chakraborty) | Pending |
| District court, Pune, Maharashtra | Execution petition | Filed against the company by M/S Trimurti Plast Containers Pvt Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Trimurti Plast Containers Pvt Ltd Through Rajendra Ramesh Mirje | Disposed |
To see the full case history of Vipul-S Plastocrafts 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 Vipul-S Plastocrafts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vipul-S Plastocrafts Private Limited has 1 active EPFO establishment as of Mar 24, 2024.
GST
Vipul-S Plastocrafts has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vipul-S Plastocrafts Private Limited, buy the company report.
Recent activity
Vipul-S Plastocrafts Private Limited has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Akhilahmed Shaikhsaheb Shaikh was appointed as Additional Director on 05 Sep 2017.
50 earlier events are in the company report.
Frequently asked questions
Vipul-S Plastocrafts is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vipul-S Plastocrafts is a company under insolvency, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 05 November 1997 and is registered under CIN U25209MH1997PTC111706. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vipul-S Plastocrafts has 2 current directors:
- Rajeshkumar Ashwanikumar Mishra - Additional Director
- Akhilahmed Shaikhsaheb Shaikh - Additional Director
The latest financial statements of Vipul-S Plastocrafts on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vipul-S Plastocrafts is U25209MH1997PTC111706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vipul-S Plastocrafts has open charges of ₹21.43 Cr and satisfied charges of ₹15.66 Cr as per latest MCA filings.
Vipul-S Plastocrafts has 35 court cases on record: 35 filed against it. 5 are pending. Most are in the district courts.
Vipul-S Plastocrafts was incorporated on 05 November 1997. It is registered with the Registrar of Companies, Pune.
Akhilahmed Shaikhsaheb Shaikh was appointed as Additional Director on 05 Sep 2017. Swapnil Shantaram Mane ceased to be Director on 05 Sep 2017. Rajeshkumar Ashwanikumar Mishra was appointed as Additional Director on 26 Aug 2017. Vipul-S Plastocrafts has 9 board changes on record in total.
The registered office of Vipul-S Plastocrafts is at Orchid Villa Plot No.85 Sector 25 Pcntda Pradhikaran Nigdi, Pune, Maharashtra, India – 411044.
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