Petrochem Asia Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.55 Cr
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 81.50 Cr
- Satisfied Charges ₹ 113.82 Cr
- Revenue Growth 33.51%
- Profit Growth -80.43%
- Ebitda -84.19%
- Net Worth 4.75%
- Total Assets 7.33%
About Petrochem Asia
Petrochem Asia Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 August 2011 and has a history of 13 years and five months. Its registered office is in Delhi, 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 2.00 Cr and a paid-up capital of Rs 1.55 Cr.
The company currently has active open charges totaling ₹81.50 Cr. The company has closed loans amounting to ₹113.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sandipbhai Shah and Mili Jain serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999DL2011PTC224058
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Company No.
224058
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Aug 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Petrochem Asia Private Limited offer?
Petrochem Asia Private Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Chemical Compound, Chemical Intermediates.
Who are the key members and board of directors at Petrochem Asia?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandipbhai Shah
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Director | 25-May-2022 | Current |
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Mili Jain
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Director | 21-Mar-2013 | Current |
Financial Performance of Petrochem Asia.
Petrochem Asia Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.51% increase. The company also saw a substantial fall in profitability, with a 80.43% decrease in profit. The company's net worth moved up by a moderate rise of 4.75%.
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What is the Ownership and Shareholding Structure of Petrochem Asia?
In 2023, Petrochem Asia had a promoter holding of 99.95% and a public holding of 0.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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T X G Solutions LlpMili Jain is a mutual person
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Sanghavi Polyplast Llp
Mili Jain is a mutual person
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R D Sanghvi Financials Private Limited
Mili Jain is a mutual person
Charges (Loans)
₹81.50 Cr
₹113.82 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 31.50 Cr
- Citi Bank N.A. : 30.00 Cr
- Others : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2020 | The Hongkong And Shanghai Banking Corporation Limited | ₹30.00 Cr | Open |
| 24 Jan 2020 | The Hongkong And Shanghai Banking Corporation Limited | ₹1.50 Cr | Open |
| 27 Mar 2017 | Citi Bank N.A. | ₹30.00 Cr | Open |
| 19 Nov 2012 | Others | ₹20.00 Cr | Open |
| 15 Mar 2016 | Yes Bank Limited | ₹10.00 Cr | Satisfied |
How Many Employees Work at Petrochem Asia?
Unlock and access historical data on people associated with Petrochem Asia, 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 Petrochem Asia, 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 Petrochem Asia'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.
