About Placate Products Private Limited
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Placate Products Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 20 April 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2013PTC242183. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pluto Products Private Limited and Palsoft Multitrading Private Limited. It was led by directors Deepak Narayan Nachare and Santosh Narayan Sasulkar.
Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Unit 15C 2nd Floor Sachin Industrial Estate Shelar Pada Thane West, Maharashtra, India – 400601.
As per the financials filed for FY 2015, the company reported a revenue of ₹338.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.34 Lakh (net margin 0%) and EBITDA of ₹6.99 Lakh (EBITDA margin 0%).
The last known website on record is mimaproducts.com.
Company details
Name history
Placate Products has undergone 5 name changes throughout its history. The current legal name is Placate Products Private Limited.
| Company Name | Status |
|---|---|
| Placate Products Private Limited | Current |
| Pluto Products Private Limited | Previous |
| Palsoft Multitrading Private Limited | Previous |
| Mima Products Private Limited | Previous |
| Prism Multiventures Private Limited | Previous |
| Palsoft Traders Private Limited | Previous |
Contact details
Placate Products Private Limited's registered office is in Thane, Maharashtra.
- Registered AddressUnit 15C 2nd Floor Sachin Industrial Estate Shelar Pada Thane West, Maharashtra, India – 400601
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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 Placate Products Private Limited
FY 2015 filings availablePlacate Products Private Limited reported revenue of ₹338.45 Cr (up 323% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 323% in the latest year. EBITDA rose 276% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| 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 | ₹6.99 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.34 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
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Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0% |
| Net Profit Margin | 0% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Efficiency and Growth | |
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| Receivable Days | |
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To see the full financial statements and ratios of Placate Products Private Limited, buy the company report.
Board of directors of Placate Products Private Limited
Placate Products has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Narayan Nachare | Director | 02 Sep 2014 | 12 Years 1 Months | As last reported |
| Santosh Narayan Sasulkar Also directs: Apteshtha Trading Private Limited | Director | 10 Jun 2014 | 12 Years 4 Months | As last reported |
Peer comparison
Placate Products Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Electronic Appliances Retail and Distribution, Materials Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sony Pictures Films India Private Limited | ₹344.25 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Fonebox Retail Limited | ₹342.74 Cr (FY 2025) | 15.0% | Ahmedabad, Gujarat, India | |||
| Tryppledigit Trades and Services Limited | ₹342.58 Cr (FY 2024) | 85.0% | Ahmedabad, Gujarat, India | |||
| S. M. Teledirect Private Limited | ₹341.7 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Pe Electronics Limited | ₹338.94 Cr (FY 2018) | -62.0% | Aurangabad, Maharashtra, India | |||
| Placate Products Private Limitedthis company | ₹338.45 Cr (FY 2015) | ₹2.34 Lakh | 0% | 323.0% | Thane, Maharashtra, India | |
| Capital Photo Service Private Limited | ₹338.27 Cr (FY 2025) | 43.0% | Kolkata, West Bengal, India | |||
| My Auto World (Kanpur) Private Limited | ₹337.75 Cr (FY 2024) | -15.0% | Kanpur, Uttar Pradesh, India | |||
| Paradeep Parivahan Limited | ₹336.69 Cr (FY 2025) | 59.0% | Jagatsinghpur, Odisha, India | |||
| QRS Retail Limited | ₹336.46 Cr (FY 2025) | -11.0% | Thiruvananthapuram, Kerala, India | |||
| Alexandrite Imports Private Limited | ₹335.88 Cr (FY 2025) | 74.0% | Surat, Gujarat, India |
To see the full peer comparison of Placate Products Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Placate Products Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Placate Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Placate Products 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 Placate Products Private Limited, buy the company report.
Recent activity
Placate Products Private Limited has 11 board changes on record since 2013: 2 appointments and 9 cessations. The latest: Deepak Narayan Nachare ceased to be Additional Director on 30 Sep 2014.
2 earlier events are in the company report.
Frequently asked questions
Placate Products has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Placate Products was a private limited company based in Thane, Maharashtra, India. The company worked in materials retail and distribution, within the metals and minerals industry. It was incorporated on 20 April 2013 and is registered under CIN U51909MH2013PTC242183. The company has been struck off by the Registrar of Companies and is no longer operational.
Placate Products had 2 directors:
- Deepak Narayan Nachare - Director
- Santosh Narayan Sasulkar - Director
The CIN (Corporate Identification Number) of Placate Products is U51909MH2013PTC242183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Placate Products is at Unit 15C 2nd Floor Sachin Industrial Estate Shelar Pada Thane West, Maharashtra, India – 400601.
Placate Products was incorporated on 20 April 2013. It is registered with the Registrar of Companies, Mumbai.
Placate Products can be reached through the website mimaproducts.com. Its registered office is in Thane, Maharashtra, India.
The latest financial statements of Placate Products on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 29 September 2015. Year-wise statements from 2015 are in the company report.
No. Placate Products has 1 GST registration on record and it is cancelled or inactive.
Placate Products operated in the metals and minerals industry, in the materials retail and distribution segment. It worked in this industry before it was struck off.
The peers of Placate Products by revenue are Sony Pictures Films India Private Limited, Fonebox Retail Limited, Tryppledigit Trades and Services Limited, S. M. Teledirect Private Limited, Pe Electronics Limited and 5 more, all in the Metals and Minerals industry (Electronic Appliances Retail and Distribution, Materials Retail and Distribution).