PLG Power Limited
About PLG Power Limited
Data last updated:
PLG Power Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45302WB1990PLC050413. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹14.64 Cr. It was formerly known as Goel Airshrink (India) Ltd. It is led by directors including Pramod Goel and Punit Pramod Goyal.
Its last annual general meeting (AGM) was held on 29 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at 11 Pollock Street 6th Floor, Kolkata, West Bengal, India – 700001.
As per MCA filings, the company has open charges of ₹366 Cr on record. Court records list 20 cases involving the company, including 5 filed by the company and 15 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.93 Cr; the latest was in April 2010.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
PLG Power has one previous CIN (Corporate Identification Number): U99999WB1990PLC050413. The current CIN is U45302WB1990PLC050413, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45302WB1990PLC050413 | Current |
| U99999WB1990PLC050413 | Previous |
Contact details
PLG Power Limited's registered office is in Kolkata, West Bengal.
- Social Media
- Registered Address11 Pollock Street 6th Floor, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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
Financials of PLG Power Limited
FY 2010 filings availableFinancial Statement Summary
| Metrics | FY 2009-10 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2009-10 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 PLG Power Limited, buy the company report.
Board of directors of PLG Power Limited
PLG Power has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Goel Also directs: PLG Plast Limited | Director | 18 Dec 1990 | 35 Years 10 Months | Current |
| Punit Pramod Goyal Also directs: PLG Plast Limited, Breakthrough Alternate Investment Capital LLP, Pureon Energy (OPC) Private Limited and 1 more | Director | 16 May 2008 | 18 Years 5 Months | Current |
| Suresh Chandra Mishra Also directs: PLG Agrotech Limited | Director | 18 Mar 2010 | 16 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2010 | 10213834 | Oriental Bank of Commerce | ₹156 Cr | Open | |
| 05 Jan 2009 | 10145464 | Oriental Bank of Commerce | ₹156 Cr | Open | |
| 24 Apr 2008 | 10111515 | Oriental Bank of Commerce | ₹17 Cr | Open | |
| 15 Oct 1998 | 80042417 | Oriental Bank of Commerce | ₹27 Cr | Open | |
| 14 Oct 1998 | 80042412 | Oriental Bank of Commerce | ₹10 Cr | Open |
To see the full charge records of PLG Power Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
PLG Power Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.93 Cr; the latest was in April 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2010 | Funding round | ₹6.93 Cr | Investors: Fastener Mercantile Private Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
PLG Power Limited has 20 court cases on record: 5 filed by PLG Power, 15 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 10 | 0 |
| High courts | 7 | 5 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by Ind Eco Ventures Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Ind Eco Ventures Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Ind Eco Ventures Ltd | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by M/S.Ind Eco Ventures Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Ms Ficus Pax Private Limited | Disposed |
To see the full case history of PLG Power 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 PLG Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
PLG Power 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 PLG Power Limited, buy the company report.
Recent activity
PLG Power Limited has 9 board changes on record since 1990: 3 appointments and 6 cessations. The latest: Aparna Matta ceased to be Director on 22 Sep 2012.
10 earlier events are in the company report.
Frequently asked questions
PLG Power is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 December 1990 (36+ years old) and is registered under CIN U45302WB1990PLC050413.
PLG Power has 3 current directors:
- Pramod Goel - Director
- Punit Pramod Goyal - Director
- Suresh Chandra Mishra - Director
The latest financial statements of PLG Power on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 29 September 2010. Year-wise statements from 2015 are in the company report.
No. PLG Power has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of PLG Power is U45302WB1990PLC050413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PLG Power has 20 court cases on record: 5 filed by the company and 15 filed against it. Most are in the district courts.
PLG Power was incorporated on 18 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
PLG Power has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹6.93 Cr; the latest was in April 2010.
Aparna Matta ceased to be Director on 22 Sep 2012. Isukapatla Balakrishna ceased to be Managing Director on 22 Sep 2012. Lakshmi Isukapatla ceased to be Director on 22 Sep 2012. PLG Power has 9 board changes on record in total.
The registered office of PLG Power is at 11 Pollock Street 6th Floor, Kolkata, West Bengal, India – 700001.