Petronet Vk Limited

Designs and constructs pipeline for transportation of petroleum products from refineries in Gujarat.

1998 | Jamnagar, Gujarat (India) | Active
Last Updated:

Petronet Vk Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 100.00 Cr
  • Company Age 26 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 110.90 Cr
  • Satisfied Charges ₹ 140.20 Cr
  • Revenue Growth 7.39%
  • Profit Growth -3.29%
  • Ebitda 40.73%
  • Net Worth -7.43%
  • Total Assets -1.92%

About Petronet Vk

Petronet Vk Limited (PVL) is a Public Limited Indian Non-Government Company incorporated in India on 21 May 1998 and has a history of 26 years and nine months. Its registered office is in Jamnagar, Gujarat, India.

The Company is engaged in the Energy And Power 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 100.00 Cr and a paid-up capital of Rs 100.00 Cr.

The company currently has active open charges totaling ₹110.90 Cr. The company has closed loans amounting to ₹140.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Petronet Vk Limited India are Pooja Popat as COMPANY SECRETARY and Divya Jadav as Cfo. Dinesh Sota, Dibyendu Gupta, Smita Sachdev, and One other member serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23200GJ1998PLC034144

  • Company No.

    034144

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 May 1998

  • Date of AGM

    14 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Petronet Vk?

Executive Team (2)

NameDesignationAppointment DateStatus
Pooja Popat Company Secretary01-Apr-2018Current
Divya Jadav CFO10-Aug-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Dinesh Sota Country flag representing In Director 30-Mar-2019Current
Dibyendu Gupta Country flag representing In Director 30-Mar-2019Current
Smita Sachdev Country flag representing In Director 20-May-2023Current
Vikas Saraswat Additional Director 20-Sep-2024Current

Financial Performance of Petronet Vk.

Petronet Vk Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.39% increase. The company also saw a slight decrease in profitability, with a 3.29% decrease in profit. The company's net worth dipped by a decrease of 7.43%.

Petronet Vk revenue growth over time
Petronet Vk 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
7.39%
Revenue from Operations
-23.04%
Total Assets
-1.92%
Profit or Loss
-3.29%
Net Worth
-7.43%
EBITDA
40.73%

What is the Ownership and Shareholding Structure of Petronet Vk?

In 2022, Petronet Vk had a promoter holding of 78.00% and a public holding of 22.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹110.90 Cr

Satisfied Charges

₹140.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 110.90 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2019Others₹110.90 CrOpen
14 May 2002Standard Chartered Bank₹82.00 CrSatisfied
08 May 2002Central Bank Of India₹50.00 CrSatisfied
28 Jan 2002Standard Chartered Bank₹8.20 CrSatisfied

How Many Employees Work at Petronet Vk?

Unlock and access historical data on people associated with Petronet Vk, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Petronet Vk Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Petronet Vk, 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 Petronet Vk'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 Petronet Vk

Recent activity within the organization

  • Director Appointment

    Vikas Saraswat was appointed as a Additional Director was appointed as a Additional Director on 20 Sep 2024 & has been associated with this company since 5 months 13 days .

  • Annual General Meeting

    Petronet Vk Limited last Annual general meeting of members was held on 14 Aug 2024 as per latest MCA records.

  • Director Appointment

    Divya Jadav was appointed as a Cfo was appointed as a Cfo on 10 Aug 2024 & has been associated with this company since 6 months 24 days .

  • Balance Sheet

    Petronet Vk Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Smita Sachdev was appointed as a Director was appointed as a Director on 20 May 2023 & has been associated with this company since 1 year 9 months .

  • Charges

    A charge with Others of Rs. 110.90 Cr registered on 12 Feb 2019 with Charge ID 100238284 was modified on 17 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Petronet Vk Limited?

    Petronet Vk Limited was incorporated on 21 May 1998.

  • What is authorized share capital and paid-up capital of Petronet Vk Limited?

    The authorized share capital of Petronet Vk Limited is ₹ 100.00 Cr and paid-up capital is ₹ 100.00 Cr.

  • Who are the current board members & directors of Petronet Vk Limited?

    Currently 6 directors are associated with Petronet Vk Limited.

    • Dinesh Kumar Sota
    • Dibyendu Gupta
    • Smita Sachdev
    • Vikas Saraswat
    • Pooja Nilay Popat
    • Divya Jadav

  • What is the registered address of Petronet Vk Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Petronet Vk Limited is Ground Floor Plot No. 10/1 Dev Park B/H Atul Petrol Pump Mehul Nagar, Khambhalia Road India, Jamnagar, Gujarat, 361006.

  • What is the corporate identification number (CIN) and company number of Petronet Vk Limited?

    The corporate identification number (CIN) of Petronet Vk Limited is U23200GJ1998PLC034144 and the company number is 034144 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Petronet Vk Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Petronet Vk Limited has risen by 7.39%.

  • What change has been observed in the net worth of Petronet Vk Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Petronet Vk Limited has experienced an downturn of -7.43%.

  • What are the total open charges for Petronet Vk Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Petronet Vk Limited amount to ₹ 110.90 Cr.

  • When was the last Balance Sheet of Petronet Vk Limited filed with the ROC?

    The most recent Balance Sheet for Petronet Vk Limited was filed with the ROC on 31 Mar 2024.

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