Petro It Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 4.29 Cr
- Company Age 20 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 11.00 Cr
- Revenue Growth 39.73%
- Profit Growth 96.64%
- Ebitda -25.21%
- Net Worth 36.07%
- Total Assets -2.27%
About Petro It
Petro It Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 March 2004 and has a history of 20 years and ten months. Its registered office is in New Delhi, Delhi, India.
The Corporate was formerly known as Pl Petro It Private Limited. The Company is engaged in the Information Technology 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 4.50 Cr and a paid-up capital of Rs 4.29 Cr.
The company has closed loans amounting to ₹11.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Uday Punj, Mangalam Punj, Rahul Khare, and Two other members serve as directors at the Company.
Company Details
-
Location
New Delhi, Delhi, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U72900DL2004PLC125006
-
Company No.
125006
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
05 Mar 2004
-
Date of AGM
29 Aug 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Delhi
Industry
What products or services does Petro It Limited offer?
Petro It Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Project Management, Volumetric Pipette, Micropipette, Collaborative Project Management.
Who are the key members and board of directors at Petro It?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dev Punj
|
Director | 27-Jul-2021 | Current |
|
Uday Punj
|
Director | 08-Mar-2004 | Current |
|
Mangalam Punj
|
Director | 05-Mar-2004 | Current |
|
Rahul Khare
|
Director | 02-Jan-2006 | Current |
|
Jai Punj
|
Director | 27-Jul-2021 | Current |
Financial Performance of Petro It.
Petro It Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.73% increase. The company also saw a substantial improvement in profitability, with a 96.64% increase in profit. The company's net worth Soared by an impressive increase of 36.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Petro It?
In 2023, Petro It had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Petro It Solutions Private LimitedUday Punj and Rahul Khare are mutual person
-
Chimes Aviation Private LimitedUday Punj and Rahul Khare are mutual person
-
Chimes Private Limited
Uday Punj, Mangalam Punj and 3 more are mutual person
-
Umjd Family LlpUday Punj and Mangalam Punj are mutual person
-
Maud Estates Private Limited
Uday Punj and Mangalam Punj are mutual person
-
K R Securities Private Limited
Uday Punj, Mangalam Punj and 2 more are mutual person
Charges (Loans)
₹0
₹11.00 Cr
Charges Breakdown by Lending Institutions
- Kotak Mahindra Bank Limited : 6.50 Cr
- Syndicate Bank : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2011 | Kotak Mahindra Bank Limited | ₹6.50 Cr | Satisfied |
| 18 Sep 2006 | Syndicate Bank | ₹4.50 Cr | Satisfied |
How Many Employees Work at Petro It?
Unlock and access historical data on people associated with Petro It, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Petro It, 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 Petro It'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.
