Production Needs Gases Private Limited

Gas distribution company providing a wide range of gases for various industries and purposes.

2006 | Hyderabad, Telangana (India) | Active
Last Updated: November 16, 2024

Production Needs Gases Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.18 M
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.67 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth 19.26%
  • Profit Growth 14.28%
  • Ebitda -0.69%
  • Net Worth 19.27%
  • Total Assets 16.22%

About Production Needs Gases

Production Needs Gases Private Limited (PNGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 2006 and has a history of 18 years and ten months. Its registered office is in Hyderabad, Telangana, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.18 M.

The company currently has active open charges totaling ₹4.67 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramana Budamagunta, Venkata Budamagunta, and Sreenivasulu Meda serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24111TG2006PTC049687

  • Company No.

    049687

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Chemicals and Materials

What products or services does Production Needs Gases Private Limited offer?

Production Needs Gases Private Limited offers a wide range of products and services, including Medical Gases, Nitrogen Gas, Industrial Gas Cylinder, Helium Gas Cylinder, Industrial Gases, Oxygen Cylinder, Medical Oxygen Cylinder.

Who are the key members and board of directors at Production Needs Gases?

Executive Team (1)

NameDesignationAppointment DateStatus
Ramana Budamagunta Country flag representing In Managing Director03-Apr-2006Current

Board Members (2)

NameDesignationAppointment DateStatus
Venkata Budamagunta Country flag representing In Whole-Time Director 01-Apr-2019Current
Sreenivasulu Meda Country flag representing In Director 11-Jun-2015Current

Financial Performance of Production Needs Gases.

Production Needs Gases Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.26% increase. The company also saw a substantial improvement in profitability, with a 14.28% increase in profit. The company's net worth Soared by an impressive increase of 19.27%.

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
19.26%
Revenue from Operations
18.38%
Total Assets
16.22%
Profit or Loss
14.28%
Net Worth
19.27%
EBITDA
-0.69%

What is the Ownership and Shareholding Structure of Production Needs Gases?

In 2023, Production Needs Gases had a promoter holding of 88.14% and a public holding of 11.86%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.67 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.65 Cr
  • Others : 2.03 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2023Axis Bank Limited₹4.80 MOpen
29 Jun 2020Axis Bank Limited₹2.10 MOpen
15 Oct 2019Others₹2.03 CrOpen
31 Jul 2019Axis Bank Limited₹1.52 MOpen
27 Jun 2017Axis Bank Limited₹1.72 MOpen

How Many Employees Work at Production Needs Gases?

Production Needs Gases has a workforce of 64 employees as of Apr 02, 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 Production Needs Gases, 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 Production Needs Gases'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 Production Needs Gases

Recent activity within the organization

  • Annual General Meeting

    Production Needs Gases Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Production Needs Gases Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.48 Cr with Charge ID 100696764 was registered on 06 Feb 2023.

    06 Feb 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100352837 was registered on 29 Jun 2020.

    29 Jun 2020

  • Charges

    A charge with Others of Rs. 2.03 Cr registered on 15 Oct 2019 with Charge ID 100296398 was modified on 22 Jun 2020.

    22 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 2.03 Cr with Charge ID 100296398 was registered on 15 Oct 2019.

    15 Oct 2019

Frequently asked questions

  • Production Needs Gases Private Limited was incorporated on 03 Apr 2006.

  • The authorized share capital of Production Needs Gases Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.18 M.

  • Currently 3 directors are associated with Production Needs Gases Private Limited.

    • Ramana Kumar Budamagunta
    • Venkata Shyam Saketh Budamagunta
    • Sreenivasulu Meda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Production Needs Gases Private Limited is Plot No.B-13 Sy No. 283 Ida Jeedimetla Phase-1 Jeedimetla Village, Quthbullapu R Mandal India, Hyderabad, Telangana, 500055.

  • The corporate identification number (CIN) of Production Needs Gases Private Limited is U24111TG2006PTC049687 and the company number is 049687 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Production Needs Gases Private Limited has risen by 19.26%.

  • As Per 2023 financial reports, 64 employees are currently employed by Production Needs Gases Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Production Needs Gases Private Limited has experienced an upsurge of 19.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Production Needs Gases Private Limited amount to ₹ 4.67 Cr.

  • The most recent Balance Sheet for Production Needs Gases Private Limited was filed with the ROC on 31 Mar 2023.

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