Petrochem Asia Private Limited

Supplier of engineering polymers to major automotive companies in India.

2011 | Delhi (India) | Active
Last Updated:

Petrochem Asia Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.55 Cr
  • Company Age 13 Year, 8 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 eight 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

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999DL2011PTC224058

  • Company No.

    224058

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials

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.

Company report

Petrochem Asia Private Limited

Explore comprehensive data for Petrochem Asia Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Petrochem Asia?

Board Members (2)

NameDesignationAppointment DateStatus
Sandipbhai Shah Country flag representing In Director 25-May-2022Current
Mili Jain Country flag representing In Director 21-Mar-2013Current

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%.

Petrochem Asia revenue growth over time
Petrochem Asia 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
33.51%
Revenue from Operations
33.12%
Total Assets
7.33%
Profit or Loss
-80.43%
Net Worth
4.75%
EBITDA
-84.19%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹81.50 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
24 Jan 2020The Hongkong And Shanghai Banking Corporation Limited₹30.00 CrOpen
24 Jan 2020The Hongkong And Shanghai Banking Corporation Limited₹1.50 CrOpen
27 Mar 2017Citi Bank N.A.₹30.00 CrOpen
19 Nov 2012Others₹20.00 CrOpen
15 Mar 2016Yes Bank Limited₹10.00 CrSatisfied

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.

Employee growth trends for Petrochem Asia Private Limited

Deals i

Graph showing company valuation over time

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

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 Petrochem Asia

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 30.00 Cr registered on 24 Jan 2020 with Charge ID 100318779 was modified on 12 Sep 2024.

  • Annual General Meeting

    Petrochem Asia Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Petrochem Asia Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Citi Bank N.A. of Rs. 30.00 Cr registered on 27 Mar 2017 with Charge ID 100143090 was modified on 02 Mar 2023.

  • Director Appointment

    Sandipbhai Kantilal Shah was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 11 months .

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 19 Nov 2012 with Charge ID 10396403 was modified on 24 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Petrochem Asia Private Limited?

    Petrochem Asia Private Limited was incorporated on 24 Aug 2011.

  • What is authorized share capital and paid-up capital of Petrochem Asia Private Limited?

    The authorized share capital of Petrochem Asia Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.55 Cr.

  • Who are the current board members & directors of Petrochem Asia Private Limited?

    Currently 2 directors are associated with Petrochem Asia Private Limited.

    • Sandipbhai Kantilal Shah
    • Mili Jain

  • What is the registered address of Petrochem Asia Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Petrochem Asia Private Limited is 71/7 1St Floor Rama Road, Industrial Area India, New Delhi, 110015.

  • What is the corporate identification number (CIN) and company number of Petrochem Asia Private Limited?

    The corporate identification number (CIN) of Petrochem Asia Private Limited is U74999DL2011PTC224058 and the company number is 224058 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Petrochem Asia Private Limited?

    The Official website of Petrochem Asia Private Limited is https://www.petrochemasia.com

  • What has been the recent revenue trend for Petrochem Asia Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Petrochem Asia Private Limited has risen by 33.51%.

  • What change has been observed in the net worth of Petrochem Asia Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Petrochem Asia Private Limited has experienced an upsurge of 4.75%.

  • What are the total open charges for Petrochem Asia Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Petrochem Asia Private Limited amount to ₹ 81.50 Cr.

  • When was the last Balance Sheet of Petrochem Asia Private Limited filed with the ROC?

    The most recent Balance Sheet for Petrochem Asia Private Limited was filed with the ROC on 31 Mar 2023.

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