Platinum Vapes Private Limited
About Platinum Vapes Private Limited
Data last updated:
Platinum Vapes Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the tobacco products and alternatives segment of the FMCG sector. It was incorporated on 08 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U16009MH2014PTC257001. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Prashant Rameshchandra Jain and Amit Rameshchandra Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bhiwandi, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.75 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹26.75 Lakh (net margin 5.6%) and EBITDA of ₹46.46 Lakh (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 118% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Platinum Vapes Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 1565 Gala No.17 II Floor Building:D/3 Prerna Complex Val. Villa, Ge, Bhiwandi, Maharashtra, India – 421305
- IndustryFMCG, Tobacco Products & Alternatives
To see the full contact details of Platinum Vapes Private Limited, buy the company report.
- 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
Business activity
The main business activity of Platinum Vapes is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Platinum Vapes Private Limited, buy the company report.
Financials of Platinum Vapes Private Limited
FY 2019 filings availablePlatinum Vapes Private Limited reported revenue of ₹4.75 Cr (down 17% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 118%. EBITDA fell 32% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.75 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹46.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.75 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Platinum Vapes Private Limited, buy the company report.
Board of directors of Platinum Vapes Private Limited
Platinum Vapes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Rameshchandra Jain | Director | 01 Dec 2014 | 11 Years 10 Months | Current |
| Amit Rameshchandra Jain | Director | 08 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Platinum Vapes Private Limited is audited by PRITESH GADA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRITESH GADA & CO | FY 2017 | 138822W |
Shareholding
The shareholding of Platinum Vapes Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Platinum Vapes Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Platinum Vapes 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 Platinum Vapes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Platinum Vapes 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 Platinum Vapes Private Limited, buy the company report.
Recent activity
Platinum Vapes Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Aniket Motilal Punamiya ceased to be Director on 20 Jul 2019.
Frequently asked questions
Platinum Vapes is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in tobacco products and alternatives, within the FMCG industry. It was incorporated on 08 August 2014 (12+ years old) and is registered under CIN U16009MH2014PTC257001.
Platinum Vapes has 2 current directors:
- Prashant Rameshchandra Jain - Director
- Amit Rameshchandra Jain - Director
The latest financial statements of Platinum Vapes on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Platinum Vapes has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Platinum Vapes is U16009MH2014PTC257001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Platinum Vapes was incorporated on 08 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Aniket Motilal Punamiya ceased to be Director on 20 Jul 2019. Nilesh Javerchand Jain ceased to be Director on 01 Mar 2018. Rameshchandra Chhogalal Jain ceased to be Director on 19 Dec 2014. Platinum Vapes has 5 board changes on record in total.
The registered office of Platinum Vapes is at House No. 1565 Gala No.17 II Floor Building:D3 Prerna Complex Val. Villa, Ge, Bhiwandi, Maharashtra, India – 421305.
Platinum Vapes operates in the FMCG industry, in the tobacco products and alternatives segment.
The compliance status of Platinum Vapes is active non-compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.