Petro Valves Private Limited

Manufacturer of valves, fittings, and castings for various industries, with ISO certification and in-house production capabilities.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Petro Valves Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.25 Cr
  • Satisfied Charges ₹ 8.48 Cr
  • Revenue Growth 5.57%
  • Profit Growth -65.17%
  • Ebitda 53.18%
  • Net Worth 9.34%
  • Total Assets 15.21%

About Petro Valves

Petro Valves Private Limited (PVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 2007 and has a history of 17 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Manufacturing 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 5.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹18.25 Cr. The company has closed loans amounting to ₹8.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parmanand Patel and Rajnikant Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29130GJ2007PTC049949

  • Company No.

    049949

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Machinery and Equipment

What products or services does Petro Valves Private Limited offer?

Petro Valves Private Limited offers a wide range of products and services, including Ball Valves, Trunnion Ball Valve.

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

Board Members (2)

Name Designation Appointment Date Status
Parmanand Patel Country flag representing In Director 07-Feb-2007 Current
Rajnikant Patel Country flag representing In Director 07-Feb-2007 Current

Financial Performance of Petro Valves.

Petro Valves Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.57% increase. The company also saw a substantial fall in profitability, with a 65.17% decrease in profit. The company's net worth moved up by a moderate rise of 9.34%.

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
5.57%
Revenue from Operations
5.63%
Total Assets
15.21%
Profit or Loss
-65.17%
Net Worth
9.34%
EBITDA
53.18%

What is the Ownership and Shareholding Structure of Petro Valves?

In 2023, Petro Valves had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹182.52 M

Satisfied Charges

₹84.78 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 18.25 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2022 Hdfc Bank Limited ₹1.49 M Open
19 Jan 2022 Hdfc Bank Limited ₹1.03 M Open
01 Feb 2021 Hdfc Bank Limited ₹18.00 Cr Open
30 Aug 2018 Others ₹4.00 Cr Satisfied
02 Dec 2011 Karur Vysya Bank Limited ₹1.35 Cr Satisfied

How Many Employees Work at Petro Valves?

Petro Valves has a workforce of 72 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Petro Valves Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Petro Valves Private 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 of Rs. 180.00 M registered on 01 Feb 2021 with Charge ID 100421430 was modified on 06 May 2023.

    06 May 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.49 M with Charge ID 100560486 was registered on 25 Mar 2022.

    25 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.03 M with Charge ID 100542862 was registered on 19 Jan 2022.

    19 Jan 2022

  • Charges

    A charge registered on 30 Aug 2018 via Charge ID 100213567 with Others was fully satisfied on 19 Apr 2021.

    19 Apr 2021

Frequently asked questions

  • Petro Valves Private Limited was incorporated on 07 Feb 2007.

  • The authorized share capital of Petro Valves Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Petro Valves Private Limited.

    • Parmanand Dwarkadas Patel
    • Rajnikant Vitthaldas Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Petro Valves Private Limited is Survey No: 1144 Opp: Ghardaghar Indore Highway, Village : Kuha India, Daskoi, Gujarat, 382443.

  • The corporate identification number (CIN) of Petro Valves Private Limited is U29130GJ2007PTC049949 and the company number is 049949 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Petro Valves Private Limited is https://www.ballvalves.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Petro Valves Private Limited has risen by 5.57%.

  • As Per 2023 financial reports, 72 employees are currently employed by Petro Valves Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Petro Valves Private Limited has experienced an upsurge of 9.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Petro Valves Private Limited amount to ₹ 18.25 Cr.

  • The most recent Balance Sheet for Petro Valves Private Limited was filed with the ROC on 31 Mar 2024.