Preeti Petrochem Private Limited

Specialty chemical manufacturer for petroleum and petrochemical industries, including sulfonic acid and synthetic sulfonates.

2010 | Raigarh, Maharashtra (India) | Active
Last Updated: December 14, 2024

Preeti Petrochem Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.54 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Revenue Growth -14.03%
  • Profit Growth -43.34%
  • Ebitda -43.68%
  • Net Worth 5.30%
  • Total Assets -6.14%

About Preeti Petrochem

Preeti Petrochem Private Limited (PPPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 April 2010 and has a history of 14 years and nine months. Its registered office is in Raigarh, Maharashtra, 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 2.00 Cr and a paid-up capital of Rs 1.54 Cr.

The company currently has active open charges totaling ₹5.00 M.

Narasimhan Srinivasan, Srinivasan Sundararaghavan, and Radha Srinivasan serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    preetipetrochem.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100MH2010PTC202364

  • Company No.

    202364

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 2010

  • Date of AGM

    30 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 Preeti Petrochem Private Limited offer?

Preeti Petrochem Private Limited offers a wide range of products and services, including Lubricating Oil, Lubricant Additives, Metalworking Lubricants, Metalworking Fluids, Industrial Chemicals & Supplies, Chemical Intermediates.

Who are the key members and board of directors at Preeti Petrochem?

Executive Team (1)

Name Designation Appointment Date Status
Srinivasan Sundararaghavan Country flag representing In Managing Director 24-Apr-2010 Current

Board Members (2)

Name Designation Appointment Date Status
Narasimhan Srinivasan Country flag representing In Director 28-Apr-2011 Current
Radha Srinivasan Country flag representing In Director 01-Dec-2020 Current

Financial Performance of Preeti Petrochem.

Preeti Petrochem Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 14.03% decrease. The company also saw a substantial fall in profitability, with a 43.34% decrease in profit. The company's net worth moved up by a moderate rise of 5.3%.

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
-14.03%
Revenue from Operations
-14.80%
Total Assets
-6.14%
Profit or Loss
-43.34%
Net Worth
5.30%
EBITDA
-43.68%

What is the Ownership and Shareholding Structure of Preeti Petrochem?

In 2020, Preeti Petrochem 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

₹0.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
19 Dec 2011 State Bank Of India ₹5.00 M Open

How Many Employees Work at Preeti Petrochem?

Unlock and access historical data on people associated with Preeti Petrochem, 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 Preeti Petrochem, 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 Preeti Petrochem'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 Preeti Petrochem

Recent activity within the organization

  • Annual General Meeting

    Preeti Petrochem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Preeti Petrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Radha Srinivasan was appointed as a Director was appointed as a Director on 01 Dec 2020 & has been associated with this company since 4 years 2 months .

    01 Dec 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.50 Cr with Charge ID 10325531 was registered on 19 Dec 2011.

    19 Dec 2011

  • Director Appointment

    Narasimhan Srinivasan was appointed as a Director was appointed as a Director on 28 Apr 2011 & has been associated with this company since 13 years 9 months .

    28 Apr 2011

  • Director Appointment

    Srinivasan Sundararaghavan was appointed as a Managing Director was appointed as a Managing Director on 24 Apr 2010 & has been associated with this company since 14 years 9 months .

    24 Apr 2010

Frequently asked questions

  • Preeti Petrochem Private Limited was incorporated on 24 Apr 2010.

  • The authorized share capital of Preeti Petrochem Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.54 Cr.

  • Currently 3 directors are associated with Preeti Petrochem Private Limited.

    • Narasimhan Srinivasan
    • Srinivasan Sundararaghavan
    • Radha Srinivasan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Preeti Petrochem Private Limited is Plot No. 53, Middle Class Chs Near Purohit Hospital India, Panvel, Maharashtra, 410206.

  • The corporate identification number (CIN) of Preeti Petrochem Private Limited is U24100MH2010PTC202364 and the company number is 202364 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Preeti Petrochem Private Limited is https://www.preetipetrochem.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Preeti Petrochem Private Limited has fallen by -14.03%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Preeti Petrochem Private Limited has experienced an upsurge of 5.30%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Preeti Petrochem Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Preeti Petrochem Private Limited was filed with the ROC on 31 Mar 2024.

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