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Placid Limited - Company Profile

It is a financial services public limited company based in Kolkata, West Bengal, India, established in 1946.

1946 | Kolkata, West Bengal, India | Active
Last Updated:

About Placid Limited

Placid Limited, a active public limited company, was established on 31 July 1946 in Kolkata, West Bengal, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U74140WB1946PLC014233. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹31.05 Cr and a paid-up capital of ₹5.37 Cr.

Formerly known as Placid Private Limited. It upholds a compliant status. Employing 26 professional, Its leadership includes Ramavtar Holani (Director), Amit Mehta (Director), Bhaskar Banerjee (Director). Past directors included Ramavtar Holani, Alok Kabra, Laxmi Narayan Mandhana. It holds ₹205.02 Cr open charges and ₹369.08 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 7, Munshi Premchand Sarani,, Kolkata, West Bengal, 700022.

Company Details

  • CIN/LLPIN

    U74140WB1946PLC014233

  • Registration Number

    014233

  • Incorporation Date

    31 July 1946

  • Authorized Capital

    ₹31.05 Cr

  • Paid-Up Capital

    ₹5.37 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 31.05 Cr
  • Paid Up Capital ₹ 5.37 Cr
  • Company Age 79 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 205.02 Cr
  • Satisfied Charges ₹ 369.08 Cr
  • Revenue Growth -21.67%
  • Profit Growth -53.13%
  • Ebitda -31.66%
  • Net Worth 1.82%
  • Total Assets 7.90%
Company report

Placid Limited

Company Report FY 2025-2026

Explore comprehensive insights into Placid Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Placid Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramavtar HolaniDirector23 Apr 2022Current
Amit MehtaDirector16 Jan 2023Current
Bhaskar BanerjeeDirector26 Mar 2018Current
Alka Devi BangurAdditional Director15 Oct 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2022Past
Pramod AbcsddDirector09 Nov 2020Past
Pramod AbcsddCompany Secretary10 Jun 2021Past
Pramod AbcsddCompany Secretary09 Jun 2017Past
Pramod AbcsddCompany Secretary11 Apr 2015Past
Pramod AbcsddAdditional Director28 Sep 2010Past

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Financial Performance of Placid.

Placid Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.67% decrease. The company also saw a substantial fall in profitability, with a 53.13% decrease in profit. The company's net worth moved up by a moderate rise of 1.82%.

Placid revenue growth over time
Placid profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.67%
Revenue from Operations
-21.93%
Total Assets
7.90%
Profit or Loss
-53.13%
Net Worth
1.82%
EBITDA
-31.66%

What is the Ownership and Shareholding Structure of Placid?

In 2023, Placid had a promoter holding of 92.96% and a public holding of 7.05%. The company had 6 Subsidiaries and 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹2,050,245,261.00

Satisfied Charges

₹3,690,828,672.00

Charges Breakdown by Lending Institutions

  • Others : 203.11 Cr
  • Hdfc Bank Limited : 1.91 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2025Others₹1.13 CrOpen
31 Mar 2025Hdfc Bank Limited₹1.47 MOpen
23 Sep 2024Others₹100.00 CrOpen
09 Feb 2024Others₹5.30 MOpen
31 Mar 2023Hdfc Bank Limited₹1.77 CrOpen

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How Many Employees Work at Placid?

Placid has a workforce of 26 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Placid Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Placid, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Placid's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Placid

Recent Activity within the Organization

  • Director Appointment

    Alka Devi Bangur was appointed as a Additional Director was appointed as a Additional Director on 15 Oct 2025 & has been associated with this company since 1 month 16 days . was recorded as a recent event.

  • Charges

    A charge registered on 15 Mar 2017 via Charge ID 100089152 with Others was fully satisfied on 25 Sep 2025. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 1.13 Cr with Charge ID 101157175 was registered on 28 Aug 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 31 Jul 2022 via Charge ID 100605194 with Others was fully satisfied on 14 Aug 2025. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101083057 was registered on 31 Mar 2025. was completed.

  • Annual General Meeting

    Placid Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Placid Limited?

    The CIN of Placid Limited is U74140WB1946PLC014233.

  • Where is Placid Limited headquartered?

    Placid Limited is headquartered at 7, Munshi Premchand Sarani,, Kolkata, West Bengal, 700022.

  • When was Placid Limited incorporated?

    Placid Limited was incorporated on 31 July 1946.

  • Who are the current directors of Placid Limited?

    The current directors of Placid Limited are

  • What is the primary industry of Placid Limited?

    The primary industry of Placid Limited is Financial And Insurance Service.

  • Is Placid Limited a listed company?

    Placid Limited is unlisted.

  • What is the capital structure of Placid Limited?

    The authorized capital of Placid Limited is ₹31.05 Cr, and the paid-up capital is ₹5.37 Cr.

  • What is the compliance status of Placid Limited?

    The compliance status of Placid Limited is Compliant.

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