Petrochem Middle East ( India) Private Limited

Distributes a wide range of petrochemical products globally since 2006.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated:

Petrochem Middle East ( India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 23.50 Cr
  • Revenue Growth 154.60%
  • Profit Growth 213.65%
  • Ebitda -96.86%
  • Net Worth 167.03%
  • Total Assets 26.23%

About Petrochem Middle East ( India)

Petrochem Middle East ( India) Private Limited (PMEIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 02 August 2006 and has a history of 18 years and nine months. Its registered office is in Mumbai, Maharashtra, 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹23.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Yogesh Mehta and Manish Sanghvi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23209MH2006FTC163485

  • Company No.

    163485

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    02 Aug 2006

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Company report

Petrochem Middle East ( India) Private Limited

Explore comprehensive data for Petrochem Middle East ( India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Petrochem Middle East ( India)?

Board Members (2)

NameDesignationAppointment DateStatus
Yogesh Mehta Country flag representing In Director 02-Aug-2006Current
Manish Sanghvi Country flag representing In Director 02-Aug-2006Current

Financial Performance of Petrochem Middle East ( India).

Petrochem Middle East ( India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 154.6% increase. The company also saw a substantial improvement in profitability, with a 213.65% increase in profit. The company's net worth Soared by an impressive increase of 167.03%.

Petrochem Middle East ( India) revenue growth over time
Petrochem Middle East ( India) 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
154.60%
Revenue from Operations
153.10%
Total Assets
26.23%
Profit or Loss
213.65%
Net Worth
167.03%
EBITDA
-96.86%

What is the Ownership and Shareholding Structure of Petrochem Middle East ( India)?

In 2023, Petrochem Middle East ( India) 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

₹0

Satisfied Charges

₹235.00 M

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 15.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 8.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Apr 2012Kotak Mahindra Bank Limited₹15.00 CrSatisfied
19 Oct 2007The Hongkong And Shanghai Banking Corporation Limited₹8.50 CrSatisfied

How Many Employees Work at Petrochem Middle East ( India)?

Petrochem Middle East ( India) has a workforce of 3 employees as of Apr 01, 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.

Employee growth trends for Petrochem Middle East ( India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Petrochem Middle East ( India), 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 Middle East ( India)'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 Middle East ( India)

Recent activity within the organization

  • Annual General Meeting

    Petrochem Middle East ( India) Private Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Petrochem Middle East ( India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge registered on 09 Apr 2012 via Charge ID 10352481 with Kotak Mahindra Bank Limited was fully satisfied on 21 Oct 2013.

  • Charges

    A charge with Kotak Mahindra Bank Limited amounted to Rs. 150.00 M with Charge ID 10352481 was registered on 09 Apr 2012.

  • Charges

    A charge registered on 19 Oct 2007 via Charge ID 10077029 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 02 Apr 2012.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 85.00 M with Charge ID 10077029 was registered on 19 Oct 2007.

Frequently asked questions

  • What is the Incorporation or founding date of Petrochem Middle East ( India) Private Limited?

    Petrochem Middle East ( India) Private Limited was incorporated on 02 Aug 2006.

  • What is authorized share capital and paid-up capital of Petrochem Middle East ( India) Private Limited?

    The authorized share capital of Petrochem Middle East ( India) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Petrochem Middle East ( India) Private Limited?

    Currently 2 directors are associated with Petrochem Middle East ( India) Private Limited.

    • Yogesh Ramniklal Mehta
    • Manish Bipin Sanghvi
  • What is the registered address of Petrochem Middle East ( India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Petrochem Middle East ( India) Private Limited is Office No 414 4Th Floor Midas Sahar Plaza Complex Cts. 243A J.B. Nagar Andheri Kurla R Oad, East Mumbai India, Andheri East Mumbai, Maharashtra, 400059.

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

    The corporate identification number (CIN) of Petrochem Middle East ( India) Private Limited is U23209MH2006FTC163485 and the company number is 163485 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Petrochem Middle East ( India) Private Limited?

    The Official website of Petrochem Middle East ( India) Private Limited is https://www.petrocheme.com

  • What has been the recent revenue trend for Petrochem Middle East ( India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Petrochem Middle East ( India) Private Limited has risen by 154.60%.

  • How many employees does Petrochem Middle East ( India) Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Petrochem Middle East ( India) Private Limited.

  • What change has been observed in the net worth of Petrochem Middle East ( India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Petrochem Middle East ( India) Private Limited has experienced an upsurge of 167.03%.

  • When was the last Balance Sheet of Petrochem Middle East ( India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Petrochem Middle East ( India) Private Limited was filed with the ROC on 31 Mar 2023.

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