Palvi Industries Limited

Global chemical distribution and manufacturing company with diverse product range and international reach.

2006 | Vadodara, Gujarat (India) | Active
Last Updated: November 16, 2024

Palvi Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.81 Cr
  • Company Age 19 Year, 27 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 124.93 Cr
  • Satisfied Charges ₹ 188.06 Cr
  • Revenue Growth 42.56%
  • Profit Growth -40.00%
  • Ebitda -18.85%
  • Net Worth 8.17%
  • Total Assets 11.36%

About Palvi Industries

Palvi Industries Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 January 2006 and has a history of 19 years. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Palvi Industries 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 3.81 Cr.

The company currently has active open charges totaling ₹124.93 Cr. The company has closed loans amounting to ₹188.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Himanshu Mehta, Ileshkumar Vyas, Alay Mehta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    palvichemical.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ2006PLC047606

  • Company No.

    047606

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2006

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials
Manufacturing

What products or services does Palvi Industries Limited offer?

Palvi Industries Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Chemical Intermediates, Scale Inhibitor, PET Granules & Plastic Raw Material, Additive Masterbatches, Organic Polymers, Carboxymethyl Cellulose Powder, Cooling Tower Corrosion Inhibitor, Sodium Sulfite, Starch Powder.

Who are the key members and board of directors at Palvi Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Himanshu Mehta Country flag representing In Managing Director24-Oct-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Ileshkumar Vyas Country flag representing In Director 24-Jul-2019Current
Alay Mehta Whole-Time Director 18-Oct-2024Current
Shashidhar Yelandur Country flag representing Ae Director 30-Sep-2019Current
Sanjay Shah Country flag representing In Director 24-Jul-2019Current
Vibha Mehta Country flag representing In Director 27-Jan-2006Current

Financial Performance of Palvi Industries.

Palvi Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.56% increase. The company also saw a substantial fall in profitability, with a 40% decrease in profit. The company's net worth moved up by a moderate rise of 8.17%.

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
42.56%
Revenue from Operations
43.42%
Total Assets
11.36%
Profit or Loss
-40.00%
Net Worth
8.17%
EBITDA
-18.85%

What is the Ownership and Shareholding Structure of Palvi Industries?

In 2023, Palvi Industries had a promoter holding of 27.56% and a public holding of 72.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124.93 Cr

Satisfied Charges

₹188.06 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 105.78 Cr
  • Others : 19.15 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jul 2023Hdfc Bank Limited₹2.75 MOpen
06 Apr 2023Hdfc Bank Limited₹105.50 CrOpen
14 Sep 2022Others₹4.00 CrOpen
03 Jun 2022Others₹15.00 CrOpen
30 Nov 2021Others₹1.50 MOpen

How Many Employees Work at Palvi Industries?

Unlock and access historical data on people associated with Palvi Industries, 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 Palvi Industries, 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 Palvi Industries'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 Palvi Industries

Recent activity within the organization

  • Director Appointment

    Alay Himanshu Mehta was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Oct 2024 & has been associated with this company since 4 months 7 days .

    18 Oct 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 105.50 Cr registered on 06 Apr 2023 with Charge ID 100710793 was modified on 09 Oct 2024.

    09 Oct 2024

  • Annual General Meeting

    Palvi Industries Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Palvi Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100741030 was registered on 10 Jul 2023.

    10 Jul 2023

  • Charges

    A charge registered on 12 May 2021 via Charge ID 100450936 with State Bank Of India was fully satisfied on 01 May 2023.

    01 May 2023

Frequently asked questions

  • Palvi Industries Limited was incorporated on 27 Jan 2006.

  • The authorized share capital of Palvi Industries Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.81 Cr.

  • Currently 6 directors are associated with Palvi Industries Limited.

    • Himanshu Govindlal Mehta
    • Ileshkumar Vyas
    • Alay Himanshu Mehta
    • Shashidhar Sethumadhavachar Yelandur
    • Sanjay Arvindbhai Shah
    • Vibha Himanshu Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Palvi Industries Limited is 228 Arpan Complex, Opp. Hanuman Temple Nizampura India, Baroda, Gujarat, 390002.

  • The corporate identification number (CIN) of Palvi Industries Limited is U51909GJ2006PLC047606 and the company number is 047606 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Palvi Industries Limited is https://www.palvichemical.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Palvi Industries Limited has risen by 42.56%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Palvi Industries Limited has experienced an upsurge of 8.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Palvi Industries Limited amount to ₹ 124.93 Cr.

  • The most recent Balance Sheet for Palvi Industries Limited was filed with the ROC on 31 Mar 2024.

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