Padmini Petroplast Private Limited

Padmini Petroplast Private Limited - trading in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51909MH1998PTC117499 Incorporated 17 December 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2018
₹53.39 Lakh
▼ 26% YoY
Net loss · FY 2018
₹24.24 Lakh
Net margin -45.4%
EBITDA · FY 2018
-₹12,031
EBITDA margin -0.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.15 Cr
Issued & subscribed
Open charges
₹62.22 Cr
Satisfied ₹22.57 Cr
Company age
28 yrs
Est. 1998
Directors on board
2
As per MCA filings

About Padmini Petroplast Private Limited

Data last updated:

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 12 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 of Padmini Petroplast Private Limited
CIN U51909MH1998PTC117499
Registration Number 117499
Incorporation Date 17 December 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    105 Tirupati Udyog Bhavanopp Laghu Udyog I B Patel Goregaon East, Mumbai, Maharashtra, India – 400063
  • Industry
    Trading, Other Wholesale, Wholesale
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Financials, compliance, directors, charges, ownership and filings for Padmini Petroplast Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Padmini Petroplast Private Limited

The main business activity of Padmini Petroplast is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Padmini Petroplast Private Limited FY 2018 filings available

Padmini Petroplast Private Limited reported revenue of ₹53.39 Lakh (down 26% YoY) for FY 2018.

Revenue · FY 2018
₹53.39 Lakh ▼ 26%
Net loss · FY 2018
₹24.24 Lakh margin -45.4%
EBITDA · FY 2018
-₹12,031 margin -0.2%

Compounded Annual Growth Rate (CAGR) of Padmini Petroplast Private Limited

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 89%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 70%

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 of Padmini Petroplast Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 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 of Padmini Petroplast Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Padmini Petroplast are in the company report.

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Financial statements from 2015

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Peer Comparison of Padmini Petroplast Private Limited

Padmini Petroplast Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Limited this company₹53.39 Lakh (FY 2018)••••••••-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

Peers are the five companies nearest above and the five nearest below Padmini Petroplast by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Padmini Petroplast Private Limited

Padmini Petroplast Private Limited is audited by DEEPAK MARU & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
DEEPAK MARU & COLockedLockedLocked
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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.

Current Directors
NameDesignationAppointment DateTenureStatus
Prakash Ghisulalji ShahManaging Director17 Dec 199827 Years 9 MonthsCurrent
Pravin Ghisulal ShahDirector17 Dec 199827 Years 9 MonthsCurrent

Ownership and Shareholding of Padmini Petroplast Private Limited

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Charges & Borrowings of Padmini Petroplast Private Limited

Open charges
₹62.22 Cr
Satisfied charges
₹22.57 Cr
Breakdown by lending institutions
Syndicate Bank₹28.00 Cr
₹20.22 Cr
Abhyudaya Co-Op. Bank Ltd.₹14.00 Cr
Latest charge details
DateLenderAmountStatus
30 Apr 2010₹20.22 CrOpen
05 Mar 2010Abhyudaya Co-Op. Bank Ltd.₹14 CrOpen
06 Oct 2008Syndicate Bank₹14 CrOpen
27 Sep 2008Syndicate Bank₹14 CrOpen
22 Aug 2009S. E. Investments Limited₹1 CrSatisfied

Total charge records: 29 View all charges

Employees and EPFO Compliance at Padmini Petroplast Private Limited

Employment history and EPFO contributions of people linked to Padmini Petroplast.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Padmini Petroplast Private Limited

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.

AGM
Padmini Petroplast Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Padmini Petroplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai I.
Ceased
Lalitkumar Ghisulal Lodha ceased to be Director.
Charges
A charge registered on 22 Aug 2009 via Charge ID 10172483 with S. E. Investments Limited was fully satisfied on 22 Aug 2015.
Charges
A charge Rs. 20.22 Cr registered on 30 Apr 2010 with Charge ID 10222219 was modified on 18 Jun 2013.
Charges
A charge registered on 14 Nov 2006 via Charge ID 10026054 with The Saraswat Co-Op. Bank Ltd. was fully satisfied on 17 Jun 2013.
Charges
A charge registered on 23 Mar 2004 via Charge ID 90145060 with The Saraswat Co. Operative Bank Limited was fully satisfied on 17 Jun 2013.
Charges
A charge registered on 19 Feb 2008 via Charge ID 10287910 with Reliance Capital Ltd was fully satisfied on 12 Mar 2013.
Charges
A charge with Abhyudaya Co-Op. Bank Ltd. of Rs. 14.00 Cr registered on 05 Mar 2010 with Charge ID 10209251 was modified on 21 Jun 2010.
Charges
A charge with amounted to Rs. 20.22 Cr with Charge ID 10222219 was registered on 30 Apr 2010.
Charges
A charge with Abhyudaya Co-Op. Bank Ltd. amounted to Rs. 14.00 Cr with Charge ID 10209251 was registered on 05 Mar 2010.
Charges
A charge registered on 14 Feb 2005 via Charge ID 90145660 with The Saraswat Co. Operative Bank Limited was fully satisfied on 20 Nov 2009.

59 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Padmini Petroplast Private Limited

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MSME Payment Delays by Padmini Petroplast Private Limited

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Subsidiaries & Group Companies of Padmini Petroplast Private Limited

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GST Compliance of Padmini Petroplast Private Limited

Padmini Petroplast has 5 GST registrations: 1 active and 4 cancelled or inactive.

Total GSTINs
5
Active
1
Cancelled / inactive
4
GSTINStateStatusRegistered on
27AABCP4496R2ZIMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

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MCA Filings & Documents of Padmini Petroplast Private Limited

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Frequently Asked Questions about Padmini Petroplast Private Limited

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 reported revenue of ₹53.39 Lakh for FY 2018 (down 26% YoY).

Padmini Petroplast has 2 current directors:

Padmini Petroplast reported a net loss of ₹24.24 Lakh (net margin -45.4%) and EBITDA of -₹12,031 (EBITDA margin -0.2%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Padmini Petroplast is 89% over three years. In the latest year (FY 2018) revenue fell 26%. CAGR is the steady yearly rate that links the first and the last year.

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 12 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.

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