Piramal Petroleum Private Limited

Fueling solutions for various industries with storage, production, and distribution capabilities.

2005 | Raipur, Chattisgarh (India) | Active
Last Updated:

Piramal Petroleum Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.27 Cr
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 37.88 Cr
  • Satisfied Charges ₹ 4.50 Cr
  • Revenue Growth 6.23%
  • Profit Growth 9.55%
  • Ebitda 214.05%
  • Net Worth 3.53%
  • Total Assets -3.85%

About Piramal Petroleum

Piramal Petroleum Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 August 2005 and has a history of 19 years and six months. Its registered office is in Raipur, Chattisgarh, 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 1.27 Cr.

The company currently has active open charges totaling ₹37.88 Cr. The company has closed loans amounting to ₹4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vaibhav Agrawal, Sharmila Agrawal, Satbeer Bagal, and One other member serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02320CT2005PTC017889

  • Company No.

    017889

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Aug 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Chemicals and Materials

What products or services does Piramal Petroleum Private Limited offer?

Piramal Petroleum Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Automotive Oils, Industrial Oils, Petroleum and Petrochemical Products, Biofuel.

Company report

Piramal Petroleum Private Limited

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

Who are the key members and board of directors at Piramal Petroleum?

Board Members (4)

NameDesignationAppointment DateStatus
Vaibhav Agrawal Country flag representing In Director 23-Aug-2005Current
Sharmila Agrawal Country flag representing In Director 23-Aug-2005Current
Satbeer Bagal Country flag representing In Director 20-May-2024Current
Rahul Agrawal Country flag representing In Director 07-Jun-2024Current

Financial Performance of Piramal Petroleum.

Piramal Petroleum Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.23% increase. The company also saw a slight improvement in profitability, with a 9.55% increase in profit. The company's net worth moved up by a moderate rise of 3.53%.

Piramal Petroleum revenue growth over time
Piramal Petroleum 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
6.23%
Revenue from Operations
8.25%
Total Assets
-3.85%
Profit or Loss
9.55%
Net Worth
3.53%
EBITDA
214.05%

What is the Ownership and Shareholding Structure of Piramal Petroleum?

In 2023, Piramal Petroleum had a promoter holding of 71.40% and a public holding of 28.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.88 Cr

Satisfied Charges

₹4.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 20.30 Cr
  • Axis Bank Limited : 17.58 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jan 2024Hdfc Bank Limited₹18.53 CrOpen
10 Aug 2021Hdfc Bank Limited₹0.90 MOpen
28 Jun 2021Hdfc Bank Limited₹0.70 MOpen
15 Jun 2021Hdfc Bank Limited₹7.39 MOpen
02 Jun 2021Hdfc Bank Limited₹5.04 MOpen

How Many Employees Work at Piramal Petroleum?

Piramal Petroleum has a workforce of 25 employees as of Apr 03, 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 Piramal Petroleum Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Piramal Petroleum, 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 Piramal Petroleum'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 Piramal Petroleum

Recent activity within the organization

  • Director Appointment

    Rahul Agrawal was appointed as a Director was appointed as a Director on 07 Jun 2024 & has been associated with this company since 9 months 5 days .

  • Director Appointment

    Satbeer Singh Bagal was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 9 months 23 days .

  • Charges

    A charge with Axis Bank Limited of Rs. 17.58 Cr registered on 20 Feb 2021 with Charge ID 100433814 was modified on 12 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.53 Cr with Charge ID 100889927 was registered on 06 Jan 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Piramal Petroleum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.

Frequently asked questions

  • What is the Incorporation or founding date of Piramal Petroleum Private Limited?

    Piramal Petroleum Private Limited was incorporated on 23 Aug 2005.

  • What is authorized share capital and paid-up capital of Piramal Petroleum Private Limited?

    The authorized share capital of Piramal Petroleum Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.27 Cr.

  • Who are the current board members & directors of Piramal Petroleum Private Limited?

    Currently 4 directors are associated with Piramal Petroleum Private Limited.

    • Vaibhav Agrawal
    • Sharmila Agrawal
    • Satbeer Singh Bagal
    • Rahul Agrawal

  • What is the registered address of Piramal Petroleum Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Piramal Petroleum Private Limited is Near New Bus Stand Shyam Plaza India, Raipur, Chattisgarh, 492001.

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

    The corporate identification number (CIN) of Piramal Petroleum Private Limited is U02320CT2005PTC017889 and the company number is 017889 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Piramal Petroleum Private Limited?

    The Official website of Piramal Petroleum Private Limited is https://www.piramalpetroleum.com

  • What has been the recent revenue trend for Piramal Petroleum Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Piramal Petroleum Private Limited has risen by 6.23%.

  • How many employees does Piramal Petroleum Private Limited currently have?

    As Per 2023 financial reports, 25 employees are currently employed by Piramal Petroleum Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Piramal Petroleum Private Limited has experienced an upsurge of 3.53%.

  • What are the total open charges for Piramal Petroleum Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Piramal Petroleum Private Limited amount to ₹ 37.88 Cr.

  • When was the last Balance Sheet of Piramal Petroleum Private Limited filed with the ROC?

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

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