Carol Petroleum Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.70 M
- Company Age 36 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 24.26 Cr
- Satisfied Charges ₹ 1.50 M
- Revenue Growth 43.37%
- Profit Growth 78.09%
- Ebitda 169.83%
- Net Worth 35.53%
- Total Assets -2.04%
About Carol Petroleum
Carol Petroleum Private Limited (CPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 May 1988 and has a history of 36 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Shreeji Plastics Private Limited. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.70 M.
The company currently has active open charges totaling ₹24.26 Cr. The company has closed loans amounting to ₹1.50 M, as per Ministry of Corporate Affairs (MCA) records.
Paresh Parekh, Falguni Parekh, Mahek Parekh, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25206MH1988PTC047364
- Company No.
047364
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 May 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
What products or services does Carol Petroleum Private Limited offer?
Carol Petroleum Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Grease, Synthetic Oils, Minerals and Ores, Sand, Automotive Grease, Automotive Oils.
Who are the key members and board of directors at Carol Petroleum?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Paresh Parekh  | Director | 29-Nov-2021 | Current |
| Mahek Parekh | Director | 09-Nov-2017 | Current |
| Falguni Parekh | Director | 29-Nov-2021 | Current |
| Jash Parekh | Director | 09-Nov-2017 | Current |
Financial Performance of Carol Petroleum.
Carol Petroleum Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 43.37% increase. The company also saw a substantial improvement in profitability, with a 78.09% increase in profit. The company's net worth Soared by an impressive increase of 35.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Carol Petroleum?
In 2022, Carol Petroleum had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Carol India Private LimitedParesh Parekh, Falguni Parekh and 2 more are mutual person
Charges (Loans)
Open Charges
₹242.63 M
Satisfied Charges
₹1.50 M
Charges Breakdown by Lending Institutions
- Others : 24.15 Cr
- Mandvi Co-Op. Bank Ltd : 0.07 Cr
- Sundaram Finance Ltd : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2024 | Others | ₹10.00 Cr | Open |
| 04 Nov 2023 | Others | ₹1.50 M | Open |
| 23 Jun 2023 | Others | ₹6.00 Cr | Open |
| 30 Jul 2022 | Others | ₹8.00 Cr | Open |
| 10 Aug 2005 | Sundaram Finance Ltd | ₹0.43 M | Open |
How Many Employees Work at Carol Petroleum?
Carol Petroleum has a workforce of 21 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Carol Petroleum, 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 Carol Petroleum'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.
