Plastene India Limited Company Logo

Plastene India Limited - Company Profile

It is a manufacturing public limited company based in Ahmedabad, Gujarat, India, established in 1998.

1998 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Plastene India Limited

Plastene India Limited, a active public limited company, was established on 16 October 1998 in Ahmedabad, Gujarat, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: U25209GJ1998PLC034861. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹36.10 Cr and a paid-up capital of ₹28.20 Cr.

Formerly known as Oswal Agloimpex Private Limited, Oswal Agloimpex Limited. It upholds a compliant status. Employing 670 professional, Its leadership includes Velani Rajan Kantilal (Director), Prakash Hiralal Parekh (Managing Director), Nidhi Abhishek Parekh (Director). Past directors included Ranjan Karunakar Samantaray, Velani Rajan Kantilal, Ranjeet Mal Kastia. It holds ₹759.71 Cr open charges and ₹424.13 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at H.B.Jirawala House,13,Nav Bharat Society Opp.Punchsheel Bus Stand , Usmanpura, Ahmedabad, Gujarat, 380013.

Company Details

  • CIN/LLPIN

    U25209GJ1998PLC034861

  • Registration Number

    034861

  • Incorporation Date

    16 October 1998

  • Authorized Capital

    ₹36.10 Cr

  • Paid-Up Capital

    ₹28.20 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 36.10 Cr
  • Paid Up Capital ₹ 28.20 Cr
  • Company Age 27 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 759.71 Cr
  • Satisfied Charges ₹ 424.13 Cr
  • Revenue Growth -9.48%
  • Profit Growth 61.93%
  • Ebitda 9.37%
  • Net Worth 4.29%
  • Total Assets -0.92%
Company report

Plastene India Limited

Company Report FY 2025-2026

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

Access Report Banner Element

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

Current Directors

NameDesignationAppointment DateStatus
Velani Rajan KantilalDirector22 May 2018Current
Prakash Hiralal ParekhManaging Director23 Dec 2005Current
Nidhi Abhishek ParekhDirector06 Jan 2020Current
Meenu MaheshwariDirector10 Oct 2022Current
Rajesh M K NairDirector07 Sep 2023Current
Dilendra Vir SinghDirector08 Aug 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director15 Jul 2016Past
Pramod AbcsddDirector09 Oct 2022Past
Pramod AbcsddAdditional Director27 Jul 2007Past
Pramod AbcsddDirector10 Sep 2012Past
Pramod AbcsddDirector12 Oct 2022Past
Pramod AbcsddDirector01 Oct 2009Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Plastene India.

Plastene India Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.48% decrease. The company also saw a substantial improvement in profitability, with a 61.93% increase in profit. The company's net worth moved up by a moderate rise of 4.29%.

Plastene India revenue growth over time
Plastene India 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
-9.48%
Revenue from Operations
-9.16%
Total Assets
-0.92%
Profit or Loss
61.93%
Net Worth
4.29%
EBITDA
9.37%

What is the Ownership and Shareholding Structure of Plastene India?

In 2023, Plastene India had a promoter holding of 76.65% and a public holding of 23.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹7,597,099,599.00

Satisfied Charges

₹4,241,303,000.00

Charges Breakdown by Lending Institutions

  • Others : 690.70 Cr
  • State Bank Of India : 36.00 Cr
  • Dena Bank : 25.00 Cr
  • Sidbi : 7.50 Cr
  • Hdfc Bank Limited : 0.31 Cr
  • Others : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
03 Dec 2024Others₹92.82 CrOpen
21 Oct 2024The South Indian Bank Limited₹2.05 MOpen
24 Mar 2023Sidbi₹7.50 CrOpen
24 Feb 2023Hdfc Bank Limited₹2.42 MOpen
29 Aug 2022Others₹4.05 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Plastene India?

Plastene India has a workforce of 670 employees as of Mar 21, 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 Plastene India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Plastene India, 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 Plastene India'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 Plastene India

Recent Activity within the Organization

  • Director Appointment

    Rishabh Kumar Jain was appointed as a Company Secretary was appointed as a Company Secretary on 11 Jun 2025 & has been associated with this company since 5 months 23 days . was recorded as a recent event.

  • Charges

    The activity A charge registered on 05 Apr 2021 via Charge ID 100439124 with Others was fully satisfied on 17 Apr 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 92.82 Cr with Charge ID 101023228 was registered on 03 Dec 2024. was documented.

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101006109 was registered on 21 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

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

  • Charges

    A charge with Others of Rs. 38.00 Cr registered on 18 Dec 2021 with Charge ID 100521278 was modified on 14 Aug 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Plastene India Limited?

    The CIN of Plastene India Limited is U25209GJ1998PLC034861.

  • Where is Plastene India Limited headquartered?

    Plastene India Limited is headquartered at H.B.Jirawala House,13,Nav Bharat Society Opp.Punchsheel Bus Stand , Usmanpura, Ahmedabad, Gujarat, 380013.

  • When was Plastene India Limited incorporated?

    Plastene India Limited was incorporated on 16 October 1998.

  • Who are the current directors of Plastene India Limited?

    The current directors of Plastene India Limited are

  • What is the primary industry of Plastene India Limited?

    The primary industry of Plastene India Limited is Manufacturing.

  • Is Plastene India Limited a listed company?

    Plastene India Limited is unlisted.

  • What is the capital structure of Plastene India Limited?

    The authorized capital of Plastene India Limited is ₹36.10 Cr, and the paid-up capital is ₹28.20 Cr.

  • What is the compliance status of Plastene India Limited?

    The compliance status of Plastene India Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial