Punjab Abrasives Ltd
Manufactures corrugated boxes and leather shoes since 1994 in Chandigarh.
1994 | Ut, Chandigarh (India) | Active
Punjab Abrasives Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.44 M
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1.25 Cr
- Revenue Growth 34.46%
- Profit Growth 0.83%
- Ebitda 3.32%
- Net Worth -4.93%
- Total Assets -1.13%
About Punjab Abrasives
Punjab Abrasives Ltd (PAL) is a Public Limited Indian Non-Government Company incorporated in India on 17 August 1994 and has a history of 30 years and seven months. Its registered office is in Ut, Chandigarh.
The Company is engaged in the Packaging 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 2.50 M and a paid-up capital of Rs 2.44 M.
The company has closed loans amounting to ₹1.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Savinder Aurora, Jujhar Aurora, and Darsreet Aurora serve as directors at the Company.
Company Details
- Location Ut, Chandigarh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U19100CH1994PLC014932
- Company No.
014932
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Aug 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Packaging
Consumer Goods
What products or services does Punjab Abrasives Ltd offer?
Punjab Abrasives Ltd offers a wide range of products and services, including Abrasives & Grains, Cutting Abrasives, Abrasive Wheels.
Who are the key members and board of directors at Punjab Abrasives?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Savinder Aurora  | Managing Director | 09-Aug-2010 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jujhar Aurora | Whole-Time Director | 17-Aug-1994 | Current |
| Darsreet Aurora | Director | 19-Jul-2000 | Current |
Financial Performance of Punjab Abrasives.
Punjab Abrasives Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 34.46% increase. The company also saw a slight improvement in profitability, with a 0.83% increase in profit. The company's net worth dipped by a decrease of 4.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Punjab Abrasives?
In 2022, Punjab Abrasives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹12.45 M
Charges Breakdown by Lending Institutions
- Punjab & Sind Bank : 0.85 Cr
- Punjab And Sind Bank : 0.15 Cr
- Punajb And Sind Bank : 0.15 Cr
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jun 2020 | Others | ₹0.95 M | Satisfied |
| 02 Jun 2012 | Punjab & Sind Bank | ₹7.00 M | Satisfied |
| 22 Oct 2009 | Punjab & Sind Bank | ₹1.50 M | Satisfied |
| 13 Mar 2007 | Punjab And Sind Bank | ₹1.00 M | Satisfied |
| 26 Sep 2001 | Punjab And Sind Bank | ₹0.50 M | Satisfied |
How Many Employees Work at Punjab Abrasives?
Punjab Abrasives has a workforce of 6 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Punjab Abrasives, 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 Punjab Abrasives'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 Punjab Abrasives
Recent activity within the organization
- Annual General Meeting
Punjab Abrasives Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Punjab Abrasives Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge registered on 18 Jun 2020 via Charge ID 100378822 with Others was fully satisfied on 19 Jul 2021.
- Charges
A charge registered on 02 Jun 2012 via Charge ID 10365258 with Punjab & Sind Bank was fully satisfied on 19 Jul 2021.
- Charges
A charge with Others amounted to Rs. 0.95 M with Charge ID 100378822 was registered on 18 Jun 2020.
- Charges
A charge with Punjab & Sind Bank of Rs. 7.00 M registered on 02 Jun 2012 with Charge ID 10365258 was modified on 23 Dec 2013.
Frequently asked questions
What is the Incorporation or founding date of Punjab Abrasives Ltd?
Punjab Abrasives Ltd was incorporated on 17 Aug 1994.
What is authorized share capital and paid-up capital of Punjab Abrasives Ltd?
The authorized share capital of Punjab Abrasives Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.44 M.
Who are the current board members & directors of Punjab Abrasives Ltd?
Currently 3 directors are associated with Punjab Abrasives Ltd.
- Savinder Singh Aurora
- Jujhar Singh Aurora
- Darsreet Singh Aurora
What is the registered address of Punjab Abrasives Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Abrasives Ltd is 1419Sector 34 C India, Ut, Chandigarh.
What is the corporate identification number (CIN) and company number of Punjab Abrasives Ltd?
The corporate identification number (CIN) of Punjab Abrasives Ltd is U19100CH1994PLC014932 and the company number is 014932 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Punjab Abrasives Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Punjab Abrasives Ltd has risen by 34.46%.
How many employees does Punjab Abrasives Ltd currently have?
As Per 2022 financial reports, 6 employees are currently employed by Punjab Abrasives Ltd.
What change has been observed in the net worth of Punjab Abrasives Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Punjab Abrasives Ltd has experienced an downturn of -4.93%.
When was the last Balance Sheet of Punjab Abrasives Ltd filed with the ROC?
The most recent Balance Sheet for Punjab Abrasives Ltd was filed with the ROC on 31 Mar 2024.
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