Prachi Polychem Private Limited

Specializes in trading starch and related products.

2017 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 18, 2024

Prachi Polychem Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.48 Cr
  • Revenue Growth -26.02%
  • Profit Growth -98.28%
  • Ebitda -39.67%
  • Net Worth 1.59%
  • Total Assets -11.85%

About Prachi Polychem

Prachi Polychem Private Limited (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 May 2017 (Seven years and eight months 3 days old ). Its registered office is in Ahmedabad, Gujarat, 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 7.50 M.

The company currently has active open charges totaling ₹9.48 Cr.

Pruthvisinh Chauhan and Vipulkumar Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24304GJ2017PTC097667

  • Company No.

    097667

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 May 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

Who are the key members and board of directors at Prachi Polychem?

Board Members (2)

Name Designation Appointment Date Status
Pruthvisinh Chauhan Country flag representing In Director 31-May-2017 Current
Vipulkumar Shah Country flag representing In Director 31-May-2017 Current

Financial Performance of Prachi Polychem.

Prachi Polychem Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.02% decrease. The company also saw a substantial fall in profitability, with a 98.28% decrease in profit. The company's net worth moved up by a moderate rise of 1.59%.

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
-26.02%
Revenue from Operations
-30.25%
Total Assets
-11.85%
Profit or Loss
-98.28%
Net Worth
1.59%
EBITDA
-39.67%

What is the Ownership and Shareholding Structure of Prachi Polychem?

In 2023, Prachi Polychem 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

₹9.48 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 9.48 Cr

Latest Charge Details

Date Lender Amount Status
04 Jul 2020 Bank Of India ₹3.40 M Open
20 Oct 2018 Bank Of India ₹3.86 Cr Open
20 Oct 2018 Bank Of India ₹3.30 Cr Open
01 Sep 2018 Bank Of India ₹1.99 Cr Open

How Many Employees Work at Prachi Polychem?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prachi Polychem, 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 Prachi Polychem'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 Prachi Polychem

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Prachi Polychem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Bank Of India of Rs. 3.86 Cr registered on 20 Oct 2018 with Charge ID 100226633 was modified on 27 Jul 2020.

    27 Jul 2020

  • Charges

    A charge with Bank Of India amounted to Rs. 0.34 Cr with Charge ID 100347141 was registered on 04 Jul 2020.

    04 Jul 2020

  • Charges

    A charge with Bank Of India of Rs. 1.99 Cr registered on 01 Sep 2018 with Charge ID 100226638 was modified on 04 Jul 2020.

    04 Jul 2020

  • Charges

    A charge with Bank Of India amounted to Rs. 3.30 Cr with Charge ID 100227112 was registered on 20 Oct 2018.

    20 Oct 2018

Frequently asked questions

  • Prachi Polychem Private Limited was incorporated on 31 May 2017.

  • The authorized share capital of Prachi Polychem Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 7.50 M.

  • Currently 2 directors are associated with Prachi Polychem Private Limited.

    • Pruthvisinh Bharatsinh Chauhan
    • Vipulkumar Gunvantlal Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prachi Polychem Private Limited is C/208- Setudham Apartments Nr.Lotus SchoolViratnagar RoadIshanpur, Ahmedabad, Gujarat, India, 382443.

  • The corporate identification number (CIN) of Prachi Polychem Private Limited is U24304GJ2017PTC097667 and the company number is 097667 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Prachi Polychem Private Limited has fallen by -26.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Prachi Polychem Private Limited has experienced an upsurge of 1.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Prachi Polychem Private Limited amount to ₹ 9.48 Cr.

  • The most recent Balance Sheet for Prachi Polychem Private Limited was filed with the ROC on 31 Mar 2023.

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