Proven Chemicals Limited

Produces basic chemicals for various industries.

1988 | Rangareddy, Telangana (India) | Active
Last Updated: December 21, 2024

Proven Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.30 M
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 1.38 Cr
  • Revenue Growth %
  • Profit Growth 41.24%
  • Ebitda 41.24%
  • Net Worth -0.47%
  • Total Assets -0.00%

About Proven Chemicals

Proven Chemicals Limited (PCL) is a Public Limited Indian Non-Government Company incorporated in India on 08 March 1988 and has a history of 36 years and 11 months. Its registered office is in Rangareddy, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 4.30 M.

The company currently has active open charges totaling ₹1.38 Cr.

Narasimha Totakura, Bandoju Srinivas, and Niranjan Nagilla serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110TG1988PLC008377

  • Company No.

    008377

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Mar 1988

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Chemicals and Materials

Who are the key members and board of directors at Proven Chemicals?

Executive Team (1)

NameDesignationAppointment DateStatus
Narasimha Totakura Country flag representing In Managing Director08-Mar-1988Current

Board Members (2)

NameDesignationAppointment DateStatus
Bandoju Srinivas Country flag representing In Additional Director 13-Jan-2023Current
Niranjan Nagilla Country flag representing In Director 29-Oct-2021Current

Financial Performance of Proven Chemicals.

Proven Chemicals Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 41.24% increase in profit. The company's net worth dipped by a decrease of 0.47%.

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
Revenue from Operations
Total Assets
-0.00%
Profit or Loss
41.24%
Net Worth
-0.47%
EBITDA
41.24%

What is the Ownership and Shareholding Structure of Proven Chemicals?

In 2020, Proven Chemicals 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

₹1.38 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Hyderabad : 0.92 Cr
  • A P State Financial Corpation : 0.40 Cr
  • A P State Financial Co : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jul 1995State Bank Of Hyderabad₹7.50 MOpen
04 Nov 1992State Bank Of Hyderabad₹1.70 MOpen
06 May 1991A P State Financial Co₹0.58 MOpen
22 Feb 1991A P State Financial Corpation₹0.32 MOpen
27 Jul 1989A P State Financial Corpation₹3.72 MOpen

How Many Employees Work at Proven Chemicals?

Unlock and access historical data on people associated with Proven Chemicals, 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 Proven 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 Proven 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 Proven Chemicals

Recent activity within the organization

  • Director Appointment

    Bandoju Srinivas was appointed as a Additional Director was appointed as a Additional Director on 13 Jan 2023 & has been associated with this company since 2 years 1 month .

    13 Jan 2023

  • Annual General Meeting

    Proven Chemicals Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Director Appointment

    Niranjan Reddy Nagilla was appointed as a Director was appointed as a Director on 29 Oct 2021 & has been associated with this company since 3 years 3 months .

    29 Oct 2021

  • Balance Sheet

    Proven Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.

    31 Mar 2021

  • Charges

    A charge with State Bank Of Hyderabad of Rs. 0.75 Cr registered on 22 Jul 1995 with Charge ID 90115177 was modified on 23 Sep 1996.

    23 Sep 1996

  • Charges

    A charge with State Bank Of Hyderabad amounted to Rs. 0.75 Cr with Charge ID 90115177 was registered on 22 Jul 1995.

    22 Jul 1995

Frequently asked questions

  • Proven Chemicals Limited was incorporated on 08 Mar 1988.

  • The authorized share capital of Proven Chemicals Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.30 M.

  • Currently 3 directors are associated with Proven Chemicals Limited.

    • Narasimha Rao Totakura
    • Bandoju Srinivas
    • Niranjan Reddy Nagilla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Proven Chemicals Limited is Plot No. 40 41 Third Floor Ventureast Plaza Road 2 Financial District Nanakram Guda, India, Hyderabad, Telangana, 500032.

  • The corporate identification number (CIN) of Proven Chemicals Limited is U24110TG1988PLC008377 and the company number is 008377 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Proven Chemicals Limited has experienced an downturn of -0.47%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Proven Chemicals Limited amount to ₹ 1.38 Cr.

  • The most recent Balance Sheet for Proven Chemicals Limited was filed with the ROC on 31 Mar 2021.

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