Prasol Chemicals Limited

Founded in 1992 and headquartered in Maharashtra, India.

1992 | Thane, Maharashtra (India) | Active
Last Updated:

Prasol Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 11.60 Cr
  • Company Age 33 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 773.45 Cr
  • Satisfied Charges ₹ 323.64 Cr

About Prasol Chemicals

Prasol Chemicals Limited (PCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 January 1992 and has a history of 33 years and two months. Its registered office is in Thane, Maharashtra, India.

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 2024. 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 ₹773.45 Cr. The company has closed loans amounting to ₹323.64 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.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1992PLC065026

  • Company No.

    065026

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jan 1992

  • Date of AGM

    18 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

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)

NameDesignationAppointment DateStatus
Gaurang Parikh Country flag representing In Managing Director08-Aug-2011Current
Dhaval Parikh Country flag representing In Managing Director31-May-2007Current
Kiran Agrawal Company Secretary01-Feb-2022Current
Rahul Shroff CFO26-Jul-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramakrishnan Gopalkrishnan Country flag representing In Director 01-Mar-2022Current
Pankil Dharia Country flag representing Us Whole-Time Director 30-Jul-2015Current
Nishith Rajnikant Country flag representing Us Whole-Time Director 30-Jul-2015Current
Lakshmi Mannepalli Country flag representing In Director 01-Mar-2022Current
Srinivasan Subramanian Country flag representing In Director 01-Mar-2022Current

Financial Performance of Prasol Chemicals.

Prasol Chemicals revenue growth over time
Prasol Chemicals 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Prasol Chemicals?

Unlock access to Prasol Chemicals's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹773.45 Cr

Satisfied Charges

₹323.64 Cr

Charges Breakdown by Lending Institutions

  • Others : 588.85 Cr
  • Hdfc Bank Limited : 97.60 Cr
  • Citi Bank N.A. : 56.50 Cr
  • Idbi Bank Limited : 30.50 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2023Hdfc Bank Limited₹17.60 CrOpen
14 Apr 2023Others₹70.00 CrOpen
01 Dec 2021Others₹387.10 CrOpen
20 Sep 2021Hdfc Bank Limited₹40.00 CrOpen
29 Jun 2018Others₹74.25 CrOpen

How Many Employees Work at Prasol Chemicals?

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

Employee growth trends for Prasol Chemicals Limited

Deals i

Graph showing company valuation over time

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

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 Prasol Chemicals

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 387.10 Cr registered on 01 Dec 2021 with Charge ID 100551482 was modified on 21 Oct 2024.

  • Charges

    A charge registered on 31 Dec 2019 via Charge ID 100314411 with Hdfc Bank Limited was fully satisfied on 15 Oct 2024.

  • Annual General Meeting

    Prasol Chemicals Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 23 Apr 2018 via Charge ID 100176107 with Hdfc Bank Limited was fully satisfied on 20 Jun 2024.

  • Balance Sheet

    Prasol Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 09 Apr 2018 via Charge ID 100187524 with Others was fully satisfied on 14 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Prasol Chemicals Limited?

    Prasol Chemicals Limited was incorporated on 24 Jan 1992.

  • What is authorized share capital and paid-up capital of Prasol Chemicals Limited?

    The authorized share capital of Prasol Chemicals Limited is ₹ 38.00 Cr and paid-up capital is ₹ 11.60 Cr.

  • Who are the current board members & directors of Prasol Chemicals Limited?

    Currently 9 directors are associated with Prasol Chemicals Limited.

    • Gaurang Natwarlal Parikh
    • Ramakrishnan Gopalkrishnan
    • Nishith Shah Rajnikant
    • Dhaval Nalin Parikh
    • Pankil Nishith Dharia
    • Lakshmi Kantam Mannepalli
    • Srinivasan Subramanian
    • Kiran Rajendra Agrawal
    • Rahul Ashit Shroff

  • What is the registered address of Prasol Chemicals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Prasol Chemicals Limited is Prasol House Plot No A - 17/2/3 T. C. Industrial Area, Khairne M.I.D. India, Navi Mumbai, Maharashtra, 400710.

  • What is the corporate identification number (CIN) and company number of Prasol Chemicals Limited?

    The corporate identification number (CIN) of Prasol Chemicals Limited is U99999MH1992PLC065026 and the company number is 065026 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Prasol Chemicals Limited?

    The Official website of Prasol Chemicals Limited is https://www.prasolchem.com

  • What are the total open charges for Prasol Chemicals Limited?

    As per the financial statements for fiscal Year , The total open charges for Prasol Chemicals Limited amount to ₹ 773.45 Cr.

  • When was the last Balance Sheet of Prasol Chemicals Limited filed with the ROC?

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

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