Procoat Specialities Private Limited

Manufactures metal coating materials for various industries such as oil & gas, power generation, and mining.

2003 | Rajkot, Gujarat (India) | Active
Last Updated: December 02, 2024

Procoat Specialities Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.50 M
  • Revenue Growth -48.78%
  • Profit Growth -102.13%
  • Ebitda -91.60%
  • Net Worth -0.43%
  • Total Assets -4.21%

About Procoat Specialities

Procoat Specialities Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 September 2003 and has a history of 21 years and four months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Metals And Minerals 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹3.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajivkumar Patel and Nitaben Rajivkumar serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    procoat-india.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36999GJ2003PTC042936

  • Company No.

    042936

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 2003

  • Date of AGM

    05 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Procoat Specialities Private Limited offer?

Procoat Specialities Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Industrial Paints and Coatings, Special Coating, Rust & Corrosion Protection Products, Anti Corrosion Coating, Anti Corrosion Products, Epoxy Paints and Coatings.

Who are the key members and board of directors at Procoat Specialities?

Executive Team (1)

Name Designation Appointment Date Status
Rajivkumar Patel Country flag representing In Managing Director 19-Sep-2003 Current

Board Members (1)

Name Designation Appointment Date Status
Nitaben Rajivkumar Country flag representing In Whole-Time Director 23-Sep-2003 Current

Financial Performance of Procoat Specialities.

Procoat Specialities Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 48.78% decrease. The company also saw a substantial fall in profitability, with a 102.13% decrease in profit. The company's net worth dipped by a decrease of 0.43%.

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
-48.78%
Revenue from Operations
-50.33%
Total Assets
-4.21%
Profit or Loss
-102.13%
Net Worth
-0.43%
EBITDA
-91.60%

What is the Ownership and Shareholding Structure of Procoat Specialities?

In 2017, Procoat Specialities 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

Satisfied Charges

₹3.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2009 Hdfc Bank Limited ₹3.50 M Satisfied

How Many Employees Work at Procoat Specialities?

Procoat Specialities has a workforce of 1 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Procoat Specialities, 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 Procoat Specialities'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 Procoat Specialities

Recent activity within the organization

  • Annual General Meeting

    Procoat Specialities Private Limited last Annual general meeting of members was held on 05 May 2024 as per latest MCA records.

    05 May 2024

  • Balance Sheet

    Procoat Specialities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 30 Nov 2009 via Charge ID 10189503 with Hdfc Bank Limited was fully satisfied on 24 Dec 2021.

    24 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.50 M with Charge ID 10189503 was registered on 30 Nov 2009.

    30 Nov 2009

  • Director Appointment

    Nitaben Patel Rajivkumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Sep 2003 & has been associated with this company since 21 years 4 months .

    23 Sep 2003

  • Director Appointment

    Rajivkumar Valjibhai Patel was appointed as a Managing Director was appointed as a Managing Director on 19 Sep 2003 & has been associated with this company since 21 years 4 months .

    19 Sep 2003

Frequently asked questions

  • Procoat Specialities Private Limited was incorporated on 19 Sep 2003.

  • The authorized share capital of Procoat Specialities Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Procoat Specialities Private Limited.

    • Rajivkumar Valjibhai Patel
    • Nitaben Patel Rajivkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Procoat Specialities Private Limited is 202 Kruti Commercial Complex 2Nd Floor Opp. Jai Ganesh Auto 150 Feet Ring Road, India, Rajkot, Gujarat, 360005.

  • The corporate identification number (CIN) of Procoat Specialities Private Limited is U36999GJ2003PTC042936 and the company number is 042936 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Procoat Specialities Private Limited is https://www.procoat-india.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Procoat Specialities Private Limited has fallen by -48.78%.

  • As Per 2016 financial reports, 1 employees are currently employed by Procoat Specialities Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Procoat Specialities Private Limited has experienced an downturn of -0.43%.

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

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