Placid Limited - Company Profile

Q: Who are the current directors of Placid Limited?

The current directors of Placid Limited are Ramavtar Holani, Atul Krishna Tiwari, Ashwini Kumar Singh, Amit Mehta, Bhaskar Banerjee, Alka Devi Bangur.

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: December 23, 2025

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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), Ashwini Kumar Singh (Nodal Officer), Amit Mehta (Director). Past directors included Ramavtar Holani, Alok Kabra, Laxmi Narayan Mandhana. It holds ₹155.02 Cr open charges and ₹419.08 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 Metrics

Authorised Capital ₹ 31.05 Cr as on 23-12-2025
Paid Up Capital ₹ 5.37 Cr as on 23-12-2025
Company Age 79 Year, 6 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 155.02 Cr as on 23-12-2025
Satisfied Charges ₹ 419.08 Cr as on 23-12-2025
Revenue Growth **** -21.67% (FY 2023)
Profit Growth **** -53.13% (FY 2023)
Ebitda **** -31.66% (FY 2023)
Net Worth 1.82% (FY 2023)
Total Assets **** 7.90% (FY 2023)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Ramavtar Holani	Director	23 Apr 2022	Current
Ashwini Kumar Singh	Nodal Officer	12 Feb 2020	Current
Amit Mehta	Director	16 Jan 2023	Current
Bhaskar Banerjee	Director	26 Mar 2018	Current
Alka Devi Bangur	Additional Director	15 Oct 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Director	09 Nov 2020	Past
Pramod Abcsdd	Company Secretary	10 Jun 2021	Past
Pramod Abcsdd	Company Secretary	09 Jun 2017	Past
Pramod Abcsdd	Company Secretary	11 Apr 2015	Past
Pramod Abcsdd	Additional Director	28 Sep 2010	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,550,245,261.00

Satisfied Charges

₹4,190,828,672.00

Charges Breakdown by Lending Institutions

Others : 153.11 Cr
Hdfc Bank Limited : 1.91 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Aug 2025	Others	₹1.13 Cr	Open
31 Mar 2025	Hdfc Bank Limited	₹1.47 M	Open
23 Sep 2024	Others	₹100.00 Cr	Open
09 Feb 2024	Others	₹5.30 M	Open
31 Mar 2023	Hdfc Bank Limited	₹1.77 Cr	Open

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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.

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Latest Updates, News, and FAQs on Placid

Recent Activity within the Organization

Charges

The activity A charge registered on 27 Sep 2016 via Charge ID 100056705 with Others was fully satisfied on 18 Nov 2025. was completed.
18 Nov 2025
Director Appointment

Progress on 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 3 months 27 days . was documented.
15 Oct 2025
Charges

The activity A charge registered on 15 Mar 2017 via Charge ID 100089152 with Others was fully satisfied on 25 Sep 2025. was completed.
25 Sep 2025
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.
28 Aug 2025
Charges

The activity A charge registered on 31 Jul 2022 via Charge ID 100605194 with Others was fully satisfied on 14 Aug 2025. was completed.
14 Aug 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 101083057 was registered on 31 Mar 2025. was recorded as a recent event.
31 Mar 2025

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