Mysore Petro Chemicals Limited

Chemical manufacturing and sales company with two plants in Karnataka and Maharashtra.

1969 | Bangaluru, Karnataka (India) | Active
Last Updated:

Mysore Petro Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 6.59 Cr
  • Company Age 55 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 250.59 Cr
  • Revenue Growth -11.60%
  • Profit Growth -53.28%
  • Ebitda -159.30%
  • Net Worth 2.59%
  • Total Assets 1.75%

About Mysore Petro Chemicals

Mysore Petro Chemicals Limited (MPCL) was founded in India on 09 June 1969 and has a glorious history of 55 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506734.

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 15.00 Cr and a paid-up capital of Rs 6.59 Cr.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹250.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mysore Petro Chemicals Limited India are Nilesh Panchal as Cfo, Labdhi Shah as Company Secretary, and Labdhi Shah as Company Secretary. Madan Dhanuka, Nikunj Dhanuka, Rajesh Muni, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24221KA1969PLC001799

  • Company No.

    001799

  • Stock Symbol

    BSE : 506734

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1969

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials
Company report

Mysore Petro Chemicals Limited

Explore comprehensive data for Mysore Petro Chemicals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mysore Petro Chemicals?

Executive Team (4)

NameDesignationAppointment DateStatus
Madan Dhanuka Country flag representing In Managing Director14-Sep-1982Current
Nilesh Panchal Country flag representing In CFO25-Jul-2017Current
Labdhi Shah Company Secretary26-May-2022Current
Labdhi Shah Company Secretary26-May-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Uma Acharya Country flag representing In Director 25-May-2015Current
Rajesh Muni Country flag representing In Director 23-Aug-2024Current
Nikunj Dhanuka Country flag representing In Director 28-Sep-1996Current
Satyanarayan Maheshwari Country flag representing In Director 19-Nov-2001Current
Shanti Loonker Country flag representing In Director 23-Aug-2024Current

Financial Performance of Mysore Petro Chemicals.

Mysore Petro Chemicals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.6% decrease. The company also saw a substantial fall in profitability, with a 53.28% decrease in profit. The company's net worth moved up by a moderate rise of 2.59%.

Mysore Petro Chemicals revenue growth over time
Mysore Petro Chemicals 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
-11.60%
Revenue from Operations
-11.89%
Total Assets
1.75%
Profit or Loss
-53.28%
Net Worth
2.59%
EBITDA
-159.30%

What is the Ownership and Shareholding Structure of Mysore Petro Chemicals?

In 2023, Mysore Petro Chemicals had a promoter holding of 72.99% and a public holding of 27.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹250.59 Cr

Charges Breakdown by Lending Institutions

  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2022Others₹30.00 CrOpen
22 Mar 2016Axis Bank Limited₹1.05 CrSatisfied
21 Apr 2014The Cosmos Co-Op. Bank Ltd₹95.81 CrSatisfied
20 May 2010The Saraswat Cooperative Bank Ltd₹2.00 CrSatisfied
25 Mar 2010The Saraswat Cooperative Bank Ltd₹17.00 CrSatisfied

How Many Employees Work at Mysore Petro Chemicals?

Mysore Petro Chemicals has a workforce of 7 employees as of Mar 22, 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.

Employee growth trends for Mysore Petro Chemicals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mysore Petro Chemicals, 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 Mysore Petro Chemicals'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 Mysore Petro Chemicals

Recent activity within the organization

  • Annual General Meeting

    Mysore Petro Chemicals Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Director Appointment

    Rajesh Ramniklal Muni was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 7 months 21 days .

  • Director Appointment

    Shanti Kumar Loonker was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 7 months 21 days .

  • Balance Sheet

    Mysore Petro Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100612848 was registered on 15 Sep 2022.

  • Director Appointment

    Labdhi Kaushal Shah was appointed as a Company Secretary was appointed as a Company Secretary on 26 May 2022 & has been associated with this company since 2 years 10 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mysore Petro Chemicals Limited?

    Mysore Petro Chemicals Limited was incorporated on 09 Jun 1969.

  • What is authorized share capital and paid-up capital of Mysore Petro Chemicals Limited?

    The authorized share capital of Mysore Petro Chemicals Limited is ₹ 15.00 Cr and paid-up capital is ₹ 6.59 Cr.

  • Who are the current board members & directors of Mysore Petro Chemicals Limited?

    Currently 9 directors are associated with Mysore Petro Chemicals Limited.

    • Madan Mohan Dhanuka
    • Nikunj Dhanuka
    • Rajesh Ramniklal Muni
    • Satyanarayan Bankatlal Maheshwari
    • Shanti Kumar Loonker
    • Uma Achyut Acharya
    • Nilesh Dahyalal Panchal
    • Labdhi Sandip Shah
    • Labdhi Kaushal Shah

  • What is the registered address of Mysore Petro Chemicals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mysore Petro Chemicals Limited is D. 4 Jyothi Complex 134/1 Infantry Road, India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Mysore Petro Chemicals Limited?

    The corporate identification number (CIN) of Mysore Petro Chemicals Limited is L24221KA1969PLC001799 and the company number is 001799 as per Ministry of Corporate Affairs (MCA).

  • Is Mysore Petro Chemicals Limited registered with any stock exchange in India?

    Yes, Mysore Petro Chemicals Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Mysore Petro Chemicals Limited?

    The Official website of Mysore Petro Chemicals Limited is https://www.igpetro.com

  • What has been the recent revenue trend for Mysore Petro Chemicals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mysore Petro Chemicals Limited has fallen by -11.60%.

  • How many employees does Mysore Petro Chemicals Limited currently have?

    As Per 2023 financial reports, 7 employees are currently employed by Mysore Petro Chemicals Limited.

  • What change has been observed in the net worth of Mysore Petro Chemicals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mysore Petro Chemicals Limited has experienced an upsurge of 2.59%.

  • What are the total open charges for Mysore Petro Chemicals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mysore Petro Chemicals Limited amount to ₹ 30.00 Cr.

  • When was the last Balance Sheet of Mysore Petro Chemicals Limited filed with the ROC?

    The most recent Balance Sheet for Mysore Petro Chemicals Limited was filed with the ROC on 31 Mar 2024.

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