Petrogel (India) Private Limited

Produces petroleum jelly, paraffin wax, cable-filling compounds, and other related products.

1985 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 20, 2025

Petrogel (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.55 M
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.77 M
  • Revenue Growth 61.61%
  • Profit Growth -13.84%
  • Ebitda 9.33%
  • Net Worth 9.35%
  • Total Assets 7.92%

About Petrogel (India)

Petrogel (India) Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 1985 and has a history of 39 years and one month. Its registered office is in Chennai, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 4.55 M.

The company currently has active open charges totaling ₹2.77 M.

Mohit Jain and Prabha Jain serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1985PTC012494

  • Company No.

    012494

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

What products or services does Petrogel (India) Private Limited offer?

Petrogel (India) Private Limited offers a wide range of products and services, including Solid Paraffin Wax, Polyethylene Wax, Slack Wax, Microcrystalline Wax, Paraffin Oil.

Who are the key members and board of directors at Petrogel (India)?

Board Members (2)

Name Designation Appointment Date Status
Mohit Jain Country flag representing In Director 24-Jan-1997 Current
Prabha Jain Country flag representing In Director 19-Dec-1985 Current

Financial Performance of Petrogel (India).

Petrogel (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 61.61% increase. The company also saw a substantial fall in profitability, with a 13.84% decrease in profit. The company's net worth moved up by a moderate rise of 9.35%.

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
61.61%
Revenue from Operations
61.97%
Total Assets
7.92%
Profit or Loss
-13.84%
Net Worth
9.35%
EBITDA
9.33%

What is the Ownership and Shareholding Structure of Petrogel (India)?

In 2023, Petrogel (India) had a public holding of 14.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.28 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.28 Cr

Latest Charge Details

Date Lender Amount Status
07 Mar 2020 Axis Bank Limited ₹2.77 M Open

How Many Employees Work at Petrogel (India)?

Petrogel (India) has a workforce of 6 employees as of Mar 22, 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 Petrogel (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 Petrogel (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 Petrogel (India)

Recent activity within the organization

  • Annual General Meeting

    Petrogel (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Petrogel (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100328731 was registered on 07 Mar 2020.

    07 Mar 2020

  • Director Appointment

    Mohit Jain was appointed as a Director was appointed as a Director on 24 Jan 1997 & has been associated with this company since 28 years 9 days .

    24 Jan 1997

  • Director Appointment

    Prabha Jain was appointed as a Director was appointed as a Director on 19 Dec 1985 & has been associated with this company since 39 years 1 month .

    19 Dec 1985

  • Company Incorporation

    Petrogel (India) Private Limited was registered on 19 Dec 1985 with Roc Chennai & aged 39 years 1 month as per MCA records.

    19 Dec 1985

Frequently asked questions

  • Petrogel (India) Private Limited was incorporated on 19 Dec 1985.

  • The authorized share capital of Petrogel (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.55 M.

  • Currently 2 directors are associated with Petrogel (India) Private Limited.

    • Mohit Jain
    • Prabha Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Petrogel (India) Private Limited is East Coat Chamers 4Th Floor No.92 G N Chetty Road T. Nagar, India, Chennai.17, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Petrogel (India) Private Limited is U65991TN1985PTC012494 and the company number is 012494 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Petrogel (India) Private Limited has risen by 61.61%.

  • As Per 2023 financial reports, 6 employees are currently employed by Petrogel (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Petrogel (India) Private Limited has experienced an upsurge of 9.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Petrogel (India) Private Limited amount to ₹ 2.77 M.

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

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