New Plastomers India Ltd
About New Plastomers India Ltd
Data last updated:
New Plastomers India Ltd is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 25 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1985PLC036965. Its GSTIN is 24AAACN3773E1ZP (Gujarat).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.05 Cr. It is led by directors including Kiran Vasantraj Lalwani and Amrut Vasantraj Lalwani.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 8 Swami Shivanands Societychakala Road Andheri (E), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.71 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.68 Lakh (net margin 0.4%) and EBITDA of ₹4.61 Lakh (EBITDA margin 1%).
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.22 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
New Plastomers India Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 Swami Shivanands Societychakala Road Andheri (E), Mumbai, Maharashtra, India – 400069
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of New Plastomers India Ltd, 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 New Plastomers India 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 New Plastomers India Ltd, buy the company report.
Financials of New Plastomers India Ltd
FY 2018 filings availableNew Plastomers India Ltd reported revenue of ₹4.71 Cr (down 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year. EBITDA fell 35% in the latest 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 | ₹4.71 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.61 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.68 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 | 1% | |||
| Net Profit Margin | 0.4% | |||
| 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 New Plastomers India Ltd, buy the company report.
Board of directors of New Plastomers India Ltd
New Plastomers India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Vasantraj Lalwani | Director | 01 Apr 1999 | 27 Years 7 Months | Current |
| Rajul Amrut Lalwani | Additional Director | 31 Dec 2018 | 7 Years 10 Months | Current |
| Amrut Vasantraj Lalwani | Director | 01 Apr 1999 | 27 Years 7 Months | Current |
| Udaay Mangilal Parmar | Additional Director | 31 Dec 2018 | 7 Years 10 Months | Current |
Auditor
New Plastomers India Ltd is audited by RAJIV SINGH & ASSOCIATES LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV SINGH & ASSOCIATES LLP | FY 2018 | 128658W |
Shareholding
The shareholding of New Plastomers India Ltd is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of New Plastomers India Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 1997 | 90367240 | Canara Bank | ₹10 Lakh | Open | |
| 06 Oct 1995 | 90367202 | Canara Bank | ₹15 Lakh | Open | |
| 21 Mar 1995 | 90367193 | Canara Bank | ₹9 Lakh | Open | |
| 10 Jan 1995 | 90367187 | Canara Bank | ₹11.93 Lakh | Open | |
| 07 Jan 1993 | 90367128 | Canara Bank | ₹15 Lakh | Open |
To see the full charge records of New Plastomers India Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
New Plastomers India Ltd has 13 court cases on record: 6 filed by New Plastomers India, 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 5 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, UDUPI, Karnataka | Criminal complaint | Filed against the company by M/S Icds Ltd. Manipal Rep. by Ramesh Tanthry | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by Union of India and 2 others | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Union of India and 3 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of New Plastomers India Ltd, 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 New Plastomers India Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
New Plastomers India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN3773E1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New Plastomers India Ltd, buy the company report.
Recent activity
New Plastomers India Ltd has 5 board changes on record since 1999: 4 appointments and 1 cessation. The latest: Nitin Nagindas Mehta ceased to be Director on 31 Dec 2018.
5 earlier events are in the company report.
Frequently asked questions
New Plastomers India is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 25 July 1985 (41+ years old) and is registered under CIN U25209MH1985PLC036965.
New Plastomers India has 4 current directors:
- Kiran Vasantraj Lalwani - Director
- Rajul Amrut Lalwani - Additional Director
- Amrut Vasantraj Lalwani - Director
- Udaay Mangilal Parmar - Additional Director
The latest financial statements of New Plastomers India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of New Plastomers India is 24AAACN3773E1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of New Plastomers India is U25209MH1985PLC036965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Plastomers India has 13 court cases on record: 6 filed by the company and 7 filed against it. Most are in the high courts.
New Plastomers India was incorporated on 25 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitin Nagindas Mehta ceased to be Director on 31 Dec 2018. Rajul Amrut Lalwani was appointed as Additional Director on 31 Dec 2018. Udaay Mangilal Parmar was appointed as Additional Director on 31 Dec 2018. New Plastomers India has 5 board changes on record in total.
The registered office of New Plastomers India is at 8 Swami Shivanands Societychakala Road Andheri E, Mumbai, Maharashtra, India – 400069.
New Plastomers India operates in the manufacturing industry, in the plastic-based products segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
