Punjab Acids Chem Private Limited

Produces sulfuric acid and alums for various industries such as fertilizers, steel, and dairy.

2001 | U T, Chandigarh (India) | Active
Last Updated: December 11, 2024

Punjab Acids Chem Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 9.23 M
  • Company Age 23 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.36 Cr
  • Satisfied Charges ₹ 51.70 Cr
  • Revenue Growth 63.92%
  • Profit Growth 8.60%
  • Ebitda -7.58%
  • Net Worth 3.22%
  • Total Assets 6.17%

About Punjab Acids Chem

Punjab Acids Chem Private Limited (PACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 October 2001 and has a history of 23 years and four months. Its registered office is in U T, Chandigarh.

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 1.25 Cr and a paid-up capital of Rs 9.23 M.

The company currently has active open charges totaling ₹55.36 Cr. The company has closed loans amounting to ₹51.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jagvinder Kaur, Inderjit Bal, Inderpal Kaur, and One other member serve as directors at the Company.

Company Details

  • Location
    U T, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24119CH2001PTC024670

  • Company No.

    024670

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Chemicals and Materials

Who are the key members and board of directors at Punjab Acids Chem?

Executive Team (1)

Name Designation Appointment Date Status
Inderjit Bal Country flag representing In Managing Director 01-Oct-2001 Current

Board Members (3)

Name Designation Appointment Date Status
Jagvinder Kaur Country flag representing In Director 01-Oct-2001 Current
Inderpal Kaur Country flag representing In Director 01-Oct-2001 Current
Harvinder Singh Country flag representing In Director 01-Oct-2001 Current

Financial Performance of Punjab Acids Chem.

Punjab Acids Chem Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 63.92% increase. The company also saw a slight improvement in profitability, with a 8.6% increase in profit. The company's net worth moved up by a moderate rise of 3.22%.

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
63.92%
Revenue from Operations
63.78%
Total Assets
6.17%
Profit or Loss
8.60%
Net Worth
3.22%
EBITDA
-7.58%

What is the Ownership and Shareholding Structure of Punjab Acids Chem?

In 2022, Punjab Acids Chem 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

₹55.36 Cr

Satisfied Charges

₹51.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 55.36 Cr

Latest Charge Details

Date Lender Amount Status
21 Mar 2020 Others ₹49.50 Cr Open
25 Feb 2019 Others ₹5.86 Cr Open
28 Oct 2015 Indusind Bank Ltd. ₹4.99 Cr Satisfied
09 May 2013 Standard Chartered Bank ₹17.00 Cr Satisfied
06 May 2013 Standard Chartered Bank ₹20.39 Cr Satisfied

How Many Employees Work at Punjab Acids Chem?

Punjab Acids Chem has a workforce of 82 employees as of Apr 08, 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 Punjab Acids Chem, 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 Acids Chem'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 Punjab Acids Chem

Recent activity within the organization

  • Annual General Meeting

    Punjab Acids Chem Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Punjab Acids Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 5.86 Cr registered on 25 Feb 2019 with Charge ID 100252745 was modified on 29 Sep 2021.

    29 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 49.50 Cr with Charge ID 100336048 was registered on 21 Mar 2020.

    21 Mar 2020

  • Charges

    A charge registered on 28 Oct 2015 via Charge ID 10610778 with Indusind Bank Ltd. was fully satisfied on 19 Jun 2019.

    19 Jun 2019

  • Charges

    A charge with Others amounted to Rs. 5.86 Cr with Charge ID 100252745 was registered on 25 Feb 2019.

    25 Feb 2019

Frequently asked questions

  • Punjab Acids Chem Private Limited was incorporated on 01 Oct 2001.

  • The authorized share capital of Punjab Acids Chem Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 9.23 M.

  • Currently 4 directors are associated with Punjab Acids Chem Private Limited.

    • Jagvinder Kaur
    • Inderjit Singh Bal
    • Inderpal Kaur
    • Harvinder Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Acids Chem Private Limited is Sco 288Sector 32D India, U T, Chandigarh.

  • The corporate identification number (CIN) of Punjab Acids Chem Private Limited is U24119CH2001PTC024670 and the company number is 024670 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Punjab Acids Chem Private Limited has risen by 63.92%.

  • As Per 2022 financial reports, 82 employees are currently employed by Punjab Acids Chem Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Punjab Acids Chem Private Limited has experienced an upsurge of 3.22%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Punjab Acids Chem Private Limited amount to ₹ 55.36 Cr.

  • The most recent Balance Sheet for Punjab Acids Chem Private Limited was filed with the ROC on 31 Mar 2023.