Prasol Chemicals Profile
Key Indicators
- Authorised Capital ₹ 38.00 Cr
as on 06-07-2024
- Paid Up Capital ₹ 11.60 Cr
as on 06-07-2024
- Company Age 32 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 857.45 Cr
as on 06-07-2024
- Satisfied Charges ₹ 281.64 Cr
as on 06-07-2024
- Revenue 50.10%
(FY 2022)
- Profit 232.37%
(FY 2022)
- Ebitda 154.08%
(FY 2022)
- Net Worth 44.98%
(FY 2022)
- Total Assets 21.16%
(FY 2022)
About Prasol Chemicals
The Corporate was formerly known as Prachi Poly Products Ltd. 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 38.00 Cr and a paid-up capital of Rs 11.60 Cr.
The company currently has active open charges totaling ₹857.45 Cr. The company has closed loans amounting to ₹281.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prasol Chemicals Limited India are Kiran Agrawal as COMPANY SECRETARY and Rahul Shroff as Cfo. Gaurang Parikh, Ramakrishnan Gopalkrishnan, Nishith Rajnikant, and Four other members serve as directors at the Company.
- CIN/LLPIN
U99999MH1992PLC065026
- Company No.
065026
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jan 1992
- Date of AGM
15 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Prasol Chemicals Limited offer?
Prasol Chemicals Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Scale Inhibitor, Soaps, Detergent Powder & Cakes, Sodium Silicate, Pharma Ingredients & Raw Materials, API Intermediate, TB, Tumor & Cancer Drugs, Anti Cancer Medicines, Hormones and Steroid API, Common Disease Medicines.
Who are the key members and board of directors at Prasol Chemicals?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurang Parikh  | Managing Director | 09-Aug-2001 | Current |
| Dhaval Parikh | Managing Director | 31-May-2007 | Current |
| Kiran Agrawal | Company Secretary | 01-Feb-2022 | Current |
| Rahul Shroff | CFO | 04-Jul-2023 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramakrishnan Gopalkrishnan | Director | 01-Mar-2022 | Current |
Pankil Dharia  | Whole-Time Director | 15-Nov-2010 | Current |
| Nishith Rajnikant | Whole-Time Director | 24-Jan-1992 | Current |
| Lakshmi Mannepalli | Director | 01-Mar-2022 | Current |
| Srinivasan Subramanian | Director | 01-Mar-2022 | Current |
Financial Performance and Corporate Structure Insights of Prasol Chemicals.
Prasol Chemicals Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 50.1% increase. The company also saw a substantial improvement in profitability, with a 232.37% increase in profit. The company's net worth Soared by an impressive increase of 44.98%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Prasol Chemicals?
In 2022, Prasol Chemicals had a promoter holding of 28.45% and a public holding of 71.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prasol Aromatics Private LimitedActive 1 year 1 monthGaurang Parikh and Nishith Rajnikant are mutual person
- Galaxy Emulsifiers Private LimitedActive 38 years 3 months
Ramakrishnan Gopalkrishnan is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 06 Oct 2023 | ₹17.60 Cr | Open |
Others Creation Date: 14 Apr 2023 | ₹70.00 Cr | Open |
Others Creation Date: 01 Dec 2021 | ₹429.10 Cr | Open |
How Many Employees Work at Prasol Chemicals?
Prasol Chemicals has a workforce of 534 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prasol Chemicals, 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 Prasol Chemicals's trajectory.
Rating
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
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.
