Mehta Petro-Refineries Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
- Paid Up Capital ₹ 4.46 Cr
- Company Age 31 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 153.54 Cr
- Satisfied Charges ₹ 129.95 Cr
- Revenue Growth -18.44%
- Profit Growth 11.91%
- Ebitda 17.62%
- Net Worth 32.09%
- Total Assets 15.29%
About Mehta Petro-Refineries
Mehta Petro-Refineries Ltd (MPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 July 1993 and has a history of 31 years and eight months. Its registered office is in 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 2024. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 4.46 Cr.
The company currently has active open charges totaling ₹153.54 Cr. The company has closed loans amounting to ₹129.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chhaya Shinde, Jignesh Mehta, Abhishek Parikh, and Two other members 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
U24110MH1993PLC073022
- Company No.
073022
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Jul 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
What products or services does Mehta Petro-Refineries Ltd offer?
Mehta Petro-Refineries Ltd offers a wide range of products and services, including Pharma Ingredients & Raw Materials, Antipyretic and Analgesic API, Organic and Inorganic Solvents, Solvent Ether, Aromatic Hydrocarbon Solvent, Alcohol Solvents, Industrial Chemicals & Supplies, Wood Treatment Chemicals, FRP Lining, PU & Powder Coatings, Wood Coatings.
Who are the key members and board of directors at Mehta Petro-Refineries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Mehta  | Managing Director | 20-Jul-1993 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Paresh Mehta | Whole-Time Director | 20-Jul-1993 | Current |
| Jignesh Mehta | Whole-Time Director | 03-Sep-2016 | Current |
| Chhaya Shinde | Director | 22-Feb-2022 | Current |
| Abhishek Parikh | Director | 30-Sep-2016 | Current |
Financial Performance of Mehta Petro-Refineries.
Mehta Petro-Refineries Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.44% decrease. The company also saw a substantial improvement in profitability, with a 11.91% increase in profit. The company's net worth Soared by an impressive increase of 32.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mehta Petro-Refineries?
In 2024, Mehta Petro-Refineries 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)
- Mehta Esters Private Limited
Jignesh Mehta, Paresh Mehta and 1 more are mutual person
- Om Surface Coating Products Llp
Jignesh Mehta and Vinod Mehta are mutual person
Charges (Loans)
Open Charges
₹153.54 Cr
Satisfied Charges
₹129.95 Cr
Charges Breakdown by Lending Institutions
- Others : 75.12 Cr
- Yes Bank Limited : 45.00 Cr
- Dbs Bank Ltd : 33.00 Cr
- Hdfc Bank Limited : 0.42 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2024 | Others | ₹1.37 Cr | Open |
| 30 Mar 2022 | Others | ₹40.00 Cr | Open |
| 07 Jul 2021 | Others | ₹33.75 Cr | Open |
| 28 Jan 2021 | Hdfc Bank Limited | ₹4.19 M | Open |
| 26 Jun 2018 | Yes Bank Limited | ₹45.00 Cr | Open |
How Many Employees Work at Mehta Petro-Refineries?
Mehta Petro-Refineries has a workforce of 50 employees as of Mar 27, 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 Mehta Petro-Refineries, 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 Mehta Petro-Refineries'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.
Latest Updates, News, and FAQs on Mehta Petro-Refineries
Recent activity within the organization
- Charges
A charge with Others of Rs. 40.00 Cr registered on 30 Mar 2022 with Charge ID 100562363 was modified on 06 Dec 2024.
- Annual General Meeting
Mehta Petro-Refineries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mehta Petro-Refineries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 1.37 Cr with Charge ID 100959570 was registered on 16 Mar 2024.
- Charges
A charge with Dbs Bank Ltd of Rs. 30.00 Cr registered on 20 Jun 2018 with Charge ID 100184638 was modified on 29 Nov 2023.
- Charges
A charge with Yes Bank Limited of Rs. 45.00 Cr registered on 26 Jun 2018 with Charge ID 100207176 was modified on 30 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Mehta Petro-Refineries Ltd?
Mehta Petro-Refineries Ltd was incorporated on 20 Jul 1993.
What is authorized share capital and paid-up capital of Mehta Petro-Refineries Ltd?
The authorized share capital of Mehta Petro-Refineries Ltd is ₹ 5.50 Cr and paid-up capital is ₹ 4.46 Cr.
Who are the current board members & directors of Mehta Petro-Refineries Ltd?
Currently 5 directors are associated with Mehta Petro-Refineries Ltd.
- Chhaya Santosh Shinde
- Jignesh Vinod Mehta
- Abhishek Satish Parikh
- Paresh Ishwarlal Mehta
- Vinod Ishwarlal Mehta
What is the registered address of Mehta Petro-Refineries Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Mehta Petro-Refineries Ltd is 101/A 'Shreyans' Kesar Baug Chs Ltd L. T. Road, Borivali (West) India, Mumbai, Maharashtra, 400092.
What is the corporate identification number (CIN) and company number of Mehta Petro-Refineries Ltd?
The corporate identification number (CIN) of Mehta Petro-Refineries Ltd is U24110MH1993PLC073022 and the company number is 073022 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mehta Petro-Refineries Ltd?
The Official website of Mehta Petro-Refineries Ltd is https://www.mehtapetro.com
What has been the recent revenue trend for Mehta Petro-Refineries Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Mehta Petro-Refineries Ltd has fallen by -18.44%.
How many employees does Mehta Petro-Refineries Ltd currently have?
As Per 2023 financial reports, 50 employees are currently employed by Mehta Petro-Refineries Ltd.
What change has been observed in the net worth of Mehta Petro-Refineries Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mehta Petro-Refineries Ltd has experienced an upsurge of 32.09%.
What are the total open charges for Mehta Petro-Refineries Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Mehta Petro-Refineries Ltd amount to ₹ 153.54 Cr.
When was the last Balance Sheet of Mehta Petro-Refineries Ltd filed with the ROC?
The most recent Balance Sheet for Mehta Petro-Refineries Ltd was filed with the ROC on 31 Mar 2024.
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