I G Petrochemicals Limited

Produces and sells essential organic chemicals for various industries.

1988 | North Goa, Goa (India) | Active
Last Updated: July 16, 2024

I G Petrochemicals Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 30.79 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,132.58 Cr
  • Satisfied Charges ₹ 2,907.65 Cr
  • Revenue Growth 25.51%
  • Profit Growth -24.89%
  • Ebitda -21.86%
  • Net Worth 15.98%
  • Total Assets 20.75%

About I G Petrochemicals

I G Petrochemicals Limited (IGPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 October 1988 and has a history of 36 years and four months. Its registered office is in North Goa, Goa, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500199 and on the National Stock Exchange(NSE) under IGPL.

The Company is engaged in the Manufacturing 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 50.00 Cr and a paid-up capital of Rs 30.79 Cr.

The company currently has active open charges totaling ₹1,132.58 Cr. The company has closed loans amounting to ₹2,907.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at I G Petrochemicals Limited India are Sudhir Singh as Company Secretary, Pramod Bhandari as Cfo, and Nikunj Dhanuka as Ceo. Sagar Jadhav, Vaijayanti Pandit, Arjun Rathi, and Three other members serve as directors at the Company.

Company Details

  • Location

    North Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    igpetro.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51496GA1988PLC000915

  • Company No.

    000915

  • Stock Symbol

    BSE : 500199 NSE : IGPL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 1988

  • Date of AGM

    24 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Goa

Industry

Manufacturing

What products or services does I G Petrochemicals Limited offer?

I G Petrochemicals Limited offers a wide range of products and services, including Chemical Reagents & Catalysts, Organic Salt, Flavours & Aromatics, Food Acidulant.

Who are the key members and board of directors at I G Petrochemicals?

Executive Team (3)

NameDesignationAppointment DateStatus
Nikunj Dhanuka Country flag representing In CEO27-Apr-2019Current
Sudhir Singh Country flag representing In Company Secretary11-Jul-2015Current
Pramod Bhandari Country flag representing In CFO07-Feb-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Rajesh Muni Country flag representing In Director 30-Apr-2002Current
Arjun Rathi Country flag representing In Director 28-Jul-2009Current
Madan Dhanuka Country flag representing In Director 18-Oct-1988Current
Vaijayanti Pandit Country flag representing In Director 30-Mar-2015Current
Sagar Jadhav Country flag representing In Whole-Time Director 18-Apr-2024Current

Financial Performance of I G Petrochemicals.

I G Petrochemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.51% increase. The company also saw a substantial fall in profitability, with a 24.89% decrease in profit. The company's net worth Soared by an impressive increase of 15.98%.

Graph illustrating revenue growth over time
Graph showing 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
25.51%
Revenue from Operations
24.94%
Total Assets
20.75%
Profit or Loss
-24.89%
Net Worth
15.98%
EBITDA
-21.86%

What is the Ownership and Shareholding Structure of I G Petrochemicals?

In 2023, I G Petrochemicals had a promoter holding of 68.73% and a public holding of 31.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,132.58 Cr

Satisfied Charges

₹2,907.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 1097.58 Cr
  • Yes Bank Limited : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Nov 2022Others₹215.58 CrOpen
17 Mar 2022Yes Bank Limited₹25.00 CrOpen
22 Jun 2021Yes Bank Limited₹10.00 CrOpen
19 Apr 2018Others₹128.27 CrOpen
07 Oct 2011Others₹753.73 CrOpen

How Many Employees Work at I G Petrochemicals?

I G Petrochemicals has a workforce of 511 employees as of Jun 19, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of I G Petrochemicals, 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 I G Petrochemicals'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 I G Petrochemicals

Recent activity within the organization

  • Director Appointment

    Sagar Haribhau Jadhav was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Apr 2024 & has been associated with this company since 10 months 4 days .

    18 Apr 2024

  • Charges

    A charge with Others of Rs. 753.73 Cr registered on 07 Oct 2011 with Charge ID 10314223 was modified on 01 Apr 2024.

    01 Apr 2024

  • Annual General Meeting

    I G Petrochemicals Limited last Annual general meeting of members was held on 24 Aug 2023 as per latest MCA records.

    24 Aug 2023

  • Charges

    A charge registered on 28 Feb 2022 via Charge ID 100546642 with Others was fully satisfied on 06 Jun 2023.

    06 Jun 2023

  • Balance Sheet

    I G Petrochemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.

    31 Mar 2023

  • Charges

    A charge registered on 29 Mar 2022 via Charge ID 100552973 with Others was fully satisfied on 20 Jan 2023.

    20 Jan 2023

Recent News, Updates & Announcement

Frequently asked questions

  • I G Petrochemicals Limited was incorporated on 18 Oct 1988.

  • The authorized share capital of I G Petrochemicals Limited is ₹ 50.00 Cr and paid-up capital is ₹ 30.79 Cr.

  • Currently 9 directors are associated with I G Petrochemicals Limited.

    • Sudhir R Singh
    • Pramod Bhandari
    • Nikunj Dhanuka
    • Sagar Haribhau Jadhav
    • Vaijayanti Ajit Pandit
    • Arjun Kumar Rathi
    • Rajesh Ramniklal Muni
    • Nikunj Dhanuka
    • Madan Mohan Dhanuka
  • As per Ministry of Corporate Affairs (Mca), the registered address of I G Petrochemicals Limited is T-10 3Rd Floor Jairam Complex Mala, Neugi Nagar India, Panaji, Goa, 403001.

  • The corporate identification number (CIN) of I G Petrochemicals Limited is L51496GA1988PLC000915 and the company number is 000915 as per Ministry of Corporate Affairs (MCA).

  • Yes, I G Petrochemicals Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IGPL.

  • The Official website of I G Petrochemicals Limited is https://www.igpetro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for I G Petrochemicals Limited has risen by 25.51%.

  • As Per 2023 financial reports, 511 employees are currently employed by I G Petrochemicals Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of I G Petrochemicals Limited has experienced an upsurge of 15.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for I G Petrochemicals Limited amount to ₹ 1,132.58 Cr.

  • The most recent Balance Sheet for I G Petrochemicals Limited was filed with the ROC on 31 Mar 2023.

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