Porwal Tar Products Pvt Ltd

Produces coal tar and related products for industrial use.

1988 | Raipur, Chattisgarh (India) | Active
Last Updated: October 24, 2024

Porwal Tar Products Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.22 M
  • Company Age 37 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.24 Cr
  • Revenue Growth 90.34%
  • Profit Growth 64.02%
  • Ebitda -6.34%
  • Net Worth 13.30%
  • Total Assets -31.73%

About Porwal Tar Products

Porwal Tar Products Pvt Ltd (PTPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 1988 and has a history of 37 years. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.22 M.

The company currently has active open charges totaling ₹8.24 Cr.

Surendra Saraf, Shantilal Saraf, Sarvesh Porwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23109CT1988PTC004358

  • Company No.

    004358

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1988

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Chemicals and Materials

What products or services does Porwal Tar Products Pvt Ltd offer?

Porwal Tar Products Pvt Ltd offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Epoxy Paints and Coatings, Industrial Chemicals & Supplies, Wood Treatment Chemicals, Paints, Wall Putty & Varnishes, Enamel Paints, Coal, Coal Tar Pitch, Coal Tar Enamel.

Who are the key members and board of directors at Porwal Tar Products?

Board Members (4)

Name Designation Appointment Date Status
Surendra Saraf Country flag representing In Director 17-Aug-1989 Current
Shantilal Saraf Country flag representing In Director 29-Jan-1988 Current
Sarvesh Porwal Country flag representing In Director 24-Mar-2015 Current
Shruti Porwal Country flag representing In Director 15-Sep-2022 Current

Financial Performance of Porwal Tar Products.

Porwal Tar Products Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 90.34% increase. The company also saw a substantial improvement in profitability, with a 64.02% increase in profit. The company's net worth Soared by an impressive increase of 13.3%.

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
90.34%
Revenue from Operations
87.43%
Total Assets
-31.73%
Profit or Loss
64.02%
Net Worth
13.30%
EBITDA
-6.34%

What is the Ownership and Shareholding Structure of Porwal Tar Products?

In 2023, Porwal Tar Products 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

₹82.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.24 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 1996 Canara Bank ₹6.50 M Open
25 Oct 1996 Canara Bank ₹1.50 M Open
27 Jan 1996 Canara Bank ₹6.90 M Open
27 Jan 1996 Canara Bank ₹2.00 M Open
13 Jul 1989 Canara Bank ₹0.20 M Open

How Many Employees Work at Porwal Tar Products?

Porwal Tar Products has a workforce of 19 employees as of Apr 06, 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 Porwal Tar Products, 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 Porwal Tar Products'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 Porwal Tar Products

Recent activity within the organization

  • Annual General Meeting

    Porwal Tar Products Pvt Ltd last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Porwal Tar Products Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Director Appointment

    Shruti Porwal was appointed as a Director was appointed as a Director on 15 Sep 2022 & has been associated with this company since 2 years 4 months .

    15 Sep 2022

  • Director Appointment

    Sarvesh Porwal was appointed as a Director was appointed as a Director on 24 Mar 2015 & has been associated with this company since 9 years 10 months .

    24 Mar 2015

  • Charges

    A charge with Canara Bank of Rs. 51.00 M registered on 16 Mar 1989 with Charge ID 90201515 was modified on 28 Sep 2007.

    28 Sep 2007

  • Charges

    A charge with Canara Bank amounted to Rs. 6.50 M with Charge ID 90205161 was registered on 25 Oct 1996.

    25 Oct 1996

Frequently asked questions

  • Porwal Tar Products Pvt Ltd was incorporated on 29 Jan 1988.

  • The authorized share capital of Porwal Tar Products Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 1.22 M.

  • Currently 4 directors are associated with Porwal Tar Products Pvt Ltd.

    • Surendra Kumar Saraf
    • Shantilal Saraf
    • Sarvesh Porwal
    • Shruti Porwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Porwal Tar Products Pvt Ltd is 200/C, Sector-C Urla Industrial Area India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Porwal Tar Products Pvt Ltd is U23109CT1988PTC004358 and the company number is 004358 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Porwal Tar Products Pvt Ltd is https://www.porwals.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Porwal Tar Products Pvt Ltd has risen by 90.34%.

  • As Per 2023 financial reports, 19 employees are currently employed by Porwal Tar Products Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Porwal Tar Products Pvt Ltd has experienced an upsurge of 13.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Porwal Tar Products Pvt Ltd amount to ₹ 8.24 Cr.

  • The most recent Balance Sheet for Porwal Tar Products Pvt Ltd was filed with the ROC on 31 Mar 2024.

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