Prominent Plastics Limited - Company Profile

It is a plastics public limited company based in Ahmadabad City, Gujarat, India, established in 1985.
1985 Ahmadabad City, Gujarat, India Active
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About Prominent Plastics Limited

Prominent Plastics Limited, a active public limited company, was established on 29 March 1985 in Ahmadabad City, Gujarat, India. Engaging in manufacturing within the plastics sector, it holds CIN: U25200MH1985PLC035800. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹1.06 Cr.

Formerly known as Prominent Plastics Private Limited. It upholds a compliant status. Its leadership includes Chirag Jitendrabhai Desai (Director), Abhishek Rahul Patel (Director), Poonam Pranay Patel (Director). Past directors included Chirag Jitendrabhai Desai, Smita Vinodbhai Shah, Shailesh Bakubhai Shah. It holds no open charges and ₹4.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at One 42 Building, North Tower, Offices No. 1104, 1105 , 1106,, Behind Ashok Vatika, Near Jayantilal Parks Brts, Ambali Bopal Road, Ahmadabad City, Gujarat, 380054.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U25200GJ1985PLC151387

  • Registration Number

    151387

  • Incorporation Date

    29 March 1985

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹1.06 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.06 Cr
  • Company Age 40 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth **** 103.90%
  • Profit Growth **** -479.38%
  • Ebitda **** -286.33%
  • Net Worth -8.76%
  • Total Assets -12.37%
Company report

Prominent Plastics Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Prominent Plastics 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 Prominent Plastics Limited?
Current Directors
Name Designation Appointment Date Status
Chirag Jitendrabhai Desai Director 01 Sep 2018 Current
Abhishek Rahul Patel Director 05 Aug 2020 Current
Poonam Pranay Patel Director 20 Apr 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Mar 2014 Past
Pramod Abcsdd Director 01 Sep 2018 Past
Pramod Abcsdd Director 05 Mar 2014 Past
Pramod Abcsdd Director 18 Aug 2023 Past
Pramod Abcsdd Director 05 Aug 2020 Past
Pramod Abcsdd Director 18 Aug 2023 Past

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Financial Performance of Prominent Plastics.

Prominent Plastics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 103.9% increase. The company also saw a substantial fall in profitability, with a 479.38% decrease in profit. The company's net worth dipped by a decrease of 8.76%.

Prominent Plastics revenue growth over time
Prominent Plastics profit and loss trends over time
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
  • 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
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 103.90%
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Revenue from Operations
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Total Assets
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 -12.37%
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Profit or Loss
*******
 -479.38%
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Net Worth
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 -8.76%
*******
*******
*******
*******
EBITDA
*******
 -286.33%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Prominent Plastics?

In 2023, Prominent Plastics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹0

Satisfied Charges

₹40,000,000.00

Charges Breakdown by Lending Institutions
  • Yes Bank Limited : 4.00 Cr
Latest Charge Details
Date Lender Amount Status
07 Jun 2017 Yes Bank Limited ₹4.00 Cr Satisfied

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How Many Employees Work at Prominent Plastics?

Unlock and access historical data on people associated with Prominent Plastics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prominent Plastics, 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 Prominent Plastics'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.

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Latest Updates, News, and FAQs on Prominent Plastics
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Prominent Plastics Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Prominent Plastics Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    A charge registered on 07 Jun 2017 via Charge ID 100102947 with Yes Bank Limited was fully satisfied on 04 Mar 2021. was recorded as a recent event.

  • Director Appointment

    Progress on Abhishek Rahul Patel was appointed as a Director was appointed as a Director on 05 Aug 2020 & has been associated with this company since 5 years 7 months . was documented.

  • Director Appointment

    Poonam Pranay Patel was appointed as a Director was appointed as a Director on 20 Apr 2019 & has been associated with this company since 6 years 10 months . was recorded as a recent event.

  • Director Appointment

    The activity Chirag Jitendrabhai Desai was appointed as a Director was appointed as a Director on 01 Sep 2018 & has been associated with this company since 7 years 6 months . was completed.

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Frequently Asked Questions
What is the CIN of Prominent Plastics Limited?

The CIN of Prominent Plastics Limited is U25200GJ1985PLC151387.

Where is Prominent Plastics Limited headquartered?

Prominent Plastics Limited is headquartered at One 42 Building, North Tower, Offices No. 1104, 1105 , 1106,, Behind Ashok Vatika, Near Jayantilal Parks Brts, Ambali Bopal Road, Ahmadabad City, Gujarat, 380054.

When was Prominent Plastics Limited incorporated?

Prominent Plastics Limited was incorporated on 29 March 1985.

Who are the current directors of Prominent Plastics Limited?

The current directors of Prominent Plastics Limited are

What is the primary industry of Prominent Plastics Limited?

The primary industry of Prominent Plastics Limited is Plastics.

Is Prominent Plastics Limited a listed company?

Prominent Plastics Limited is unlisted.

What is the capital structure of Prominent Plastics Limited?

The authorized capital of Prominent Plastics Limited is ₹5.00 Cr, and the paid-up capital is ₹1.06 Cr.

What is the compliance status of Prominent Plastics Limited?

The compliance status of Prominent Plastics Limited is Compliant.

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