Megol Petrochem Private Limited

Specializes in trading and manufacturing of various petroleum and chemical products for multiple industries.

2004 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: July 29, 2024

Megol Petrochem Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 21 Year, 30 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.80 Cr
  • Revenue Growth 115.17%
  • Profit Growth 601.26%
  • Ebitda 307.06%
  • Net Worth 7.40%
  • Total Assets 35.11%

About Megol Petrochem

Megol Petrochem Private Limited (MPPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 2004 and has a history of 21 years. Its registered office is in Navi Mumbai, Maharashtra, India.

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 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹2.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sunil Agrawal and Neelam Agarwal serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23201MH2004PTC143924

  • Company No.

    143924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Megol Petrochem?

Board Members (2)

Name Designation Appointment Date Status
Sunil Agrawal Country flag representing In Director 09-Jan-2004 Current
Neelam Agarwal Country flag representing In Director 31-May-2005 Current

Financial Performance of Megol Petrochem.

Megol Petrochem Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 115.17% increase. The company also saw a substantial improvement in profitability, with a 601.26% increase in profit. The company's net worth moved up by a moderate rise of 7.4%.

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
115.17%
Revenue from Operations
122.07%
Total Assets
35.11%
Profit or Loss
601.26%
Net Worth
7.40%
EBITDA
307.06%

What is the Ownership and Shareholding Structure of Megol Petrochem?

In 2023, Megol Petrochem had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹28.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 2.50 Cr
  • Uco Bank : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
16 Dec 2009 Standard Chartered Bank ₹2.50 Cr Satisfied
28 Jun 2006 Uco Bank ₹3.00 M Satisfied

How Many Employees Work at Megol Petrochem?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Megol Petrochem, 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 Megol Petrochem'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 Megol Petrochem

Recent activity within the organization

  • Annual General Meeting

    Megol Petrochem Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Megol Petrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 16 Dec 2009 via Charge ID 10193077 with Standard Chartered Bank was fully satisfied on 15 May 2018.

    15 May 2018

  • Charges

    A charge registered on 28 Jun 2006 via Charge ID 10010110 with Uco Bank was fully satisfied on 24 Feb 2011.

    24 Feb 2011

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 25.00 M with Charge ID 10193077 was registered on 16 Dec 2009.

    16 Dec 2009

  • Charges

    A charge with Uco Bank amounted to Rs. 3.00 M with Charge ID 10010110 was registered on 28 Jun 2006.

    28 Jun 2006

Frequently asked questions

  • Megol Petrochem Private Limited was incorporated on 09 Jan 2004.

  • The authorized share capital of Megol Petrochem Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Megol Petrochem Private Limited.

    • Sunil Jagdish Agrawal
    • Neelam Sunil Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megol Petrochem Private Limited is 325Commodity Exchange Building Plot No. 234 Sector 19A Vashi Navi Mumbai, Maharashtra, India, 400705.

  • The corporate identification number (CIN) of Megol Petrochem Private Limited is U23201MH2004PTC143924 and the company number is 143924 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Megol Petrochem Private Limited has risen by 115.17%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Megol Petrochem Private Limited has experienced an upsurge of 7.40%.

  • The most recent Balance Sheet for Megol Petrochem Private Limited was filed with the ROC on 31 Mar 2023.