Petrofarms Limited
Provides storage and logistic services for iron, steel, and related products.
1982 | Kolkata, West Bengal (India) | Active
Petrofarms Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.80 Cr
- Company Age 42 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 35.63 Cr
- Revenue Growth 1862.19%
- Profit Growth 43.02%
- Ebitda 43.90%
- Net Worth -4.36%
- Total Assets 0.09%
About Petrofarms
Petrofarms Limited (PL) is a Public Limited Indian Non-Government Company incorporated in India on 11 August 1982 and has a history of 42 years and six months. Its registered office is in Kolkata, West Bengal.
The Corporate was formerly known as Siddhartha Foundaries Ltd. The Company is engaged in the Transport And Logistics 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 15.00 Cr and a paid-up capital of Rs 11.80 Cr.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹35.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Petrofarms Limited India is Sneh Gupta as COMPANY SECRETARY. Raj Sharma, Shruti Saraf, Alok Saraf, and One other member serve as directors at the Company.
Company Details
- Location Kolkata, West Bengal
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L51109WB1982PLC035168
- Company No.
035168
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Aug 1982
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Transport and Logistics
Who are the key members and board of directors at Petrofarms?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sneh Gupta  | Company Secretary | 16-Aug-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Alok Saraf | Additional Director | 27-Mar-2023 | Current |
| Raj Sharma | Director | 30-Apr-2008 | Current |
| Shruti Saraf | Director | 08-Oct-2015 | Current |
| Badrinarayan Singh | Additional Director | 11-Aug-2023 | Current |
Financial Performance of Petrofarms.
Petrofarms Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1862.19% increase. The company also saw a substantial improvement in profitability, with a 43.02% increase in profit. The company's net worth dipped by a decrease of 4.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Petrofarms?
In 2022, Petrofarms had a promoter holding of 99.59% and a public holding of 0.41%. The company had 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Arth Ceramics Private LimitedRaj Sharma and Alok Saraf are mutual person
- Himdoot Mercantile Private Limited
Raj Sharma and Alok Saraf are mutual person
- Yoga Bricks Private Limited
Raj Sharma and Alok Saraf are mutual person
- Petrofarms Sales Limited
Raj Sharma and Alok Saraf are mutual person
- Soorajpetro Products Pvt Ltd
Raj Sharma and Alok Saraf are mutual person
- Shruti Investments Pvt Ltd
Raj Sharma is a mutual person
Charges (Loans)
Open Charges
₹5.00 Cr
Satisfied Charges
₹35.63 Cr
Charges Breakdown by Lending Institutions
- Gaylord Sales Pvt Ltd : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2014 | Gaylord Sales Pvt Ltd | ₹5.00 Cr | Open |
| 01 Apr 2017 | Others | ₹7.53 Cr | Satisfied |
| 14 Mar 2017 | Others | ₹5.00 Cr | Satisfied |
| 14 Mar 2017 | Others | ₹5.00 Cr | Satisfied |
| 30 Jun 2016 | Others | ₹1.54 Cr | Satisfied |
How Many Employees Work at Petrofarms?
Unlock and access historical data on people associated with Petrofarms, 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 Petrofarms, 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 Petrofarms'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.
Latest Updates, News, and FAQs on Petrofarms
Recent activity within the organization
- Annual General Meeting
Petrofarms Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Petrofarms Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Director Appointment
Sneh Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 16 Aug 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Badrinarayan Singh was appointed as a Additional Director was appointed as a Additional Director on 11 Aug 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Alok Saraf was appointed as a Additional Director was appointed as a Additional Director on 27 Mar 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge registered on 01 Apr 2017 via Charge ID 100129405 with Others was fully satisfied on 23 Oct 2018.
Frequently asked questions
What is the Incorporation or founding date of Petrofarms Limited?
Petrofarms Limited was incorporated on 11 Aug 1982.
What is authorized share capital and paid-up capital of Petrofarms Limited?
The authorized share capital of Petrofarms Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.80 Cr.
Who are the current board members & directors of Petrofarms Limited?
Currently 5 directors are associated with Petrofarms Limited.
- Raj Kumar Sharma
- Shruti Saraf
- Alok Saraf
- Badrinarayan Singh
- Sneh Gupta
What is the registered address of Petrofarms Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Petrofarms Limited is 23 A.M. Ghosh Road Budge Budge 24 Parganas (South), India, Kolkata, West Bengal, 700173.
What is the corporate identification number (CIN) and company number of Petrofarms Limited?
The corporate identification number (CIN) of Petrofarms Limited is L51109WB1982PLC035168 and the company number is 035168 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Petrofarms Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Petrofarms Limited has risen by 1862.19%.
What change has been observed in the net worth of Petrofarms Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Petrofarms Limited has experienced an downturn of -4.36%.
What are the total open charges for Petrofarms Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Petrofarms Limited amount to ₹ 5.00 Cr.
When was the last Balance Sheet of Petrofarms Limited filed with the ROC?
The most recent Balance Sheet for Petrofarms Limited was filed with the ROC on 31 Mar 2024.
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