Panila Chem Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 20.06 Cr
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 227.23 Cr
- Revenue Growth -0.24%
- Profit Growth -56.43%
- Ebitda -37.49%
- Net Worth 18.06%
- Total Assets -19.50%
About Panila Chem
Panila Chem Limited (PCL) is a Public Limited Indian Non-Government Company incorporated in India on 23 March 2017 (Seven years and 11 months 11 days old ). Its registered office is in Bhavnagar, Gujarat, 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 25.00 Cr and a paid-up capital of Rs 20.06 Cr.
The company currently has active open charges totaling ₹227.23 Cr.
The Key Managerial Personnel (KMP) at Panila Chem Limited India are Aashisha Rushabh as CFO and Swati Kathrotiya as Company Secretary. Himanshu Shah, Rushabh Pankajbhai, Pankaj Nagindas, and Two other members serve as directors at the Company.
Company Details
- Location
Bhavnagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24303GJ2017PLC096453
- Company No.
096453
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Mar 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Chemicals and Materials
What products or services does Panila Chem Limited offer?
Panila Chem Limited offers a wide range of products and services, including Alcohol Solvents, Ethanol.
Who are the key members and board of directors at Panila Chem?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pankaj Nagindas  | Managing Director | 23-Mar-2017 | Current |
| Aashisha Rushabh | CFO | 25-Dec-2023 | Current |
| Swati Kathrotiya | Company Secretary | 03-Apr-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Himanshu Shah | Director | 06-Apr-2022 | Current |
| Rushabh Pankajbhai | Whole-Time Director | 23-Mar-2017 | Current |
| Aashisha Rushabh | Whole-Time Director | 23-Mar-2017 | Current |
| Virchandbhai Patel | Director | 06-Apr-2022 | Current |
Financial Performance of Panila Chem.
Panila Chem Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.24% decrease. The company also saw a substantial fall in profitability, with a 56.43% decrease in profit. The company's net worth Soared by an impressive increase of 18.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Panila Chem?
In 2023, Panila Chem had a promoter holding of 95.01% and a public holding of 4.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Investment & Precision Castings LimitedPankaj Nagindas is a mutual person
Apollo Concast Private LimitedHimanshu Shah is a mutual person
- Apollo Vikas Steels Private Limited
Himanshu Shah is a mutual person
- Anish Hospitality Manufacturers Private Limited
Himanshu Shah is a mutual person
Charges (Loans)
Open Charges
₹227.23 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 111.71 Cr
- State Bank Of India : 85.52 Cr
- Others : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Nov 2022 | Others | ₹30.00 Cr | Open |
| 14 Nov 2018 | State Bank Of India | ₹42.76 Cr | Open |
| 14 Nov 2018 | State Bank Of India | ₹42.76 Cr | Open |
| 09 Feb 2018 | Hdfc Bank Limited | ₹111.71 Cr | Open |
How Many Employees Work at Panila Chem?
Panila Chem has a workforce of 6 employees as of Mar 30, 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 Panila Chem, 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 Panila Chem'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 Panila Chem
Recent activity within the organization
- Director Appointment
Aashisha Bhayani Rushabh was appointed as a Cfo was appointed as a Cfo on 25 Dec 2023 & has been associated with this company since 1 year 2 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 111.71 Cr registered on 09 Feb 2018 with Charge ID 100157532 was modified on 18 Oct 2023.
- Annual General Meeting
Panila Chem Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Panila Chem Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with State Bank Of India of Rs. 42.76 Cr registered on 14 Nov 2018 with Charge ID 100221153 was modified on 25 Nov 2022.
- Charges
A charge with State Bank Of India of Rs. 42.76 Cr registered on 14 Nov 2018 with Charge ID 100221154 was modified on 25 Nov 2022.
Frequently asked questions
What is the Incorporation or founding date of Panila Chem Limited?
Panila Chem Limited was incorporated on 23 Mar 2017.
What is authorized share capital and paid-up capital of Panila Chem Limited?
The authorized share capital of Panila Chem Limited is ₹ 25.00 Cr and paid-up capital is ₹ 20.06 Cr.
Who are the current board members & directors of Panila Chem Limited?
Currently 7 directors are associated with Panila Chem Limited.
- Himanshu Bipinchandra Shah
- Rushabh Bhayani Pankajbhai
- Pankaj Bhayani Nagindas
- Aashisha Bhayani Rushabh
- Virchandbhai Patel
- Aashisha Bhayani Rushabh
- Swati Ashishbhai Kathrotiya
What is the registered address of Panila Chem Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Panila Chem Limited is Bhayaniskyline Plotno.1906/B-1 Officeno.700 7Thfloor Opp.Joggers Park, India, Bhavnagar, Gujarat, 364001.
What is the corporate identification number (CIN) and company number of Panila Chem Limited?
The corporate identification number (CIN) of Panila Chem Limited is U24303GJ2017PLC096453 and the company number is 096453 as per Ministry of Corporate Affairs (MCA).
What is the official website of Panila Chem Limited?
The Official website of Panila Chem Limited is https://www.panilachem.com
What has been the recent revenue trend for Panila Chem Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Panila Chem Limited has fallen by -0.24%.
How many employees does Panila Chem Limited currently have?
As Per 2023 financial reports, 6 employees are currently employed by Panila Chem Limited.
What change has been observed in the net worth of Panila Chem Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Panila Chem Limited has experienced an upsurge of 18.06%.
What are the total open charges for Panila Chem Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Panila Chem Limited amount to ₹ 227.23 Cr.
When was the last Balance Sheet of Panila Chem Limited filed with the ROC?
The most recent Balance Sheet for Panila Chem Limited was filed with the ROC on 31 Mar 2023.
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