Prize Petroleum Company Profile
Key Indicators
- Authorised Capital ₹ 720.00 Cr
- Paid Up Capital ₹ 262.00 Cr
- Company Age 26 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.00 Cr
- Satisfied Charges ₹ 1,301.00 Cr
- Revenue Growth -19.06%
- Profit Growth -261.18%
- Ebitda -590.12%
- Net Worth -5.01%
- Total Assets -3.70%
About Prize Petroleum Company
Prize Petroleum Company Limited (PPCL) is a leading Public Limited Union Government Company incorporated in India on 28 October 1998 and has a history of 26 years and four months. Its registered office is in New Delhi, India.
The Company is engaged in the Energy And Power 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 720.00 Cr and a paid-up capital of Rs 262.00 Cr.
The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹1,301.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Prize Petroleum Company Limited India are Nikhil Peshave as CEO and Asheesh Garg as Cfo. Bharathan Shunmugavel, Vipul Maheshwari, Kalpana Naik, and One other member serve as directors at the Company.
Company Details
- Location
New Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74899DL1998GOI096845
- Company No.
096845
- Company Classification
Public Limited Union Government Company
- Incorporation Date
28 Oct 1998
- Date of AGM
23 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Energy and Power
Who are the key members and board of directors at Prize Petroleum Company?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikhil Peshave | CEO | 28-Mar-2024 | Current |
Asheesh Garg  | CFO | 23-Jun-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bharathan Shunmugavel | Director | 13-Oct-2022 | Current |
| Vipul Maheshwari | Nominee Director | 09-May-2022 | Current |
| Kalpana Naik | Director | 26-Apr-2023 | Current |
| Anuj Mehrotra | Director | 12-Aug-2024 | Current |
Financial Performance of Prize Petroleum Company.
Prize Petroleum Company Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.06% decrease. The company also saw a substantial fall in profitability, with a 261.18% decrease in profit. The company's net worth dipped by a decrease of 5.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prize Petroleum Company?
In 2022, Prize Petroleum Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hpcl Biofuels LimitedBharathan Shunmugavel is a mutual person
Hpcl-Mittal Energy LimitedBharathan Shunmugavel is a mutual person
Mangalore Refinery And Petrochemicals LimitedBharathan Shunmugavel is a mutual person
Hindustan Petroleum Corporation LimitedBharathan Shunmugavel is a mutual person
Ratnagiri Refinery And Petrochemicals LimitedBharathan Shunmugavel is a mutual person
Hpcl Rajasthan Refinery LimitedBharathan Shunmugavel and Kalpana Naik are mutual person
Charges (Loans)
Open Charges
₹10.00 Cr
Satisfied Charges
₹1,301.00 Cr
Charges Breakdown by Lending Institutions
- Corporation Bank : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2010 | Corporation Bank | ₹10.00 Cr | Open |
| 03 Apr 2017 | Others | ₹558.23 Cr | Satisfied |
| 20 Aug 2015 | State Bank Of India | ₹661.61 Cr | Satisfied |
| 26 Oct 2006 | Corporation Bank | ₹75.50 Cr | Satisfied |
| 07 Dec 2004 | Development Credit Bank Ltd. | ₹4.03 Cr | Satisfied |
How Many Employees Work at Prize Petroleum Company?
Unlock and access historical data on people associated with Prize Petroleum Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Prize Petroleum Company, 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 Prize Petroleum Company'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.
Latest Updates, News, and FAQs on Prize Petroleum Company
Recent activity within the organization
- Director Appointment
Anuj Mehrotra was appointed as a Director was appointed as a Director on 12 Aug 2024 & has been associated with this company since 6 months 20 days .
- Director Appointment
Nikhil Surendra Peshave was appointed as a Ceo was appointed as a Ceo on 28 Mar 2024 & has been associated with this company since 11 months 4 days .
- Charges
A charge registered on 03 Apr 2017 via Charge ID 100093799 with Others was fully satisfied on 27 Oct 2023.
- Annual General Meeting
Prize Petroleum Company Limited last Annual general meeting of members was held on 23 Aug 2023 as per latest MCA records.
- Director Appointment
Asheesh Garg was appointed as a Cfo was appointed as a Cfo on 23 Jun 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Kalpana Chetan Naik was appointed as a Director was appointed as a Director on 26 Apr 2023 & has been associated with this company since 1 year 10 months .
Frequently asked questions
What is the Incorporation or founding date of Prize Petroleum Company Limited?
Prize Petroleum Company Limited was incorporated on 28 Oct 1998.
What is authorized share capital and paid-up capital of Prize Petroleum Company Limited?
The authorized share capital of Prize Petroleum Company Limited is ₹ 720.00 Cr and paid-up capital is ₹ 262.00 Cr.
Who are the current board members & directors of Prize Petroleum Company Limited?
Currently 6 directors are associated with Prize Petroleum Company Limited.
- Nikhil Surendra Peshave
- Bharathan Shunmugavel
- Vipul Kumar Maheshwari
- Kalpana Chetan Naik
- Anuj Mehrotra
- Asheesh Garg
What is the registered address of Prize Petroleum Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prize Petroleum Company Limited is Jeevan Bharti Building 11Th Floor Tower-1 124 Connaught Place Indira Chowk, India, New Delhi, 110001.
What is the corporate identification number (CIN) and company number of Prize Petroleum Company Limited?
The corporate identification number (CIN) of Prize Petroleum Company Limited is U74899DL1998GOI096845 and the company number is 096845 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prize Petroleum Company Limited?
The Official website of Prize Petroleum Company Limited is https://www.prizepetroleum.com
What has been the recent revenue trend for Prize Petroleum Company Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Prize Petroleum Company Limited has fallen by -19.06%.
What change has been observed in the net worth of Prize Petroleum Company Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Prize Petroleum Company Limited has experienced an downturn of -5.01%.
What are the total open charges for Prize Petroleum Company Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Prize Petroleum Company Limited amount to ₹ 10.00 Cr.
When was the last Balance Sheet of Prize Petroleum Company Limited filed with the ROC?
The most recent Balance Sheet for Prize Petroleum Company Limited was filed with the ROC on 31 Mar 2023.
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