Punjab Agro Industries Corporation Profile
Key Indicators
- Authorised Capital ₹ 75.00 Cr
- Paid Up Capital ₹ 49.21 Cr
- Company Age 59 Year, 11 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,785.13 Cr
- Revenue Growth 166.55%
- Profit Growth 103.99%
- Ebitda 116.64%
- Net Worth 2.82%
- Total Assets 9.11%
About Punjab Agro Industries Corporation
Punjab Agro Industries Corporation Limited (PAICL) was founded in India on 11 February 1966 and has a glorious history of 59 years . Its registered office is in Chandigarh, Chandigarh.
The Corporate was formerly known as The Punjab Agro Industries Corporation Limited. The Company is engaged in the Agriculture 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 75.00 Cr and a paid-up capital of Rs 49.21 Cr.
The company currently has active open charges totaling ₹2,785.13 Cr.
The Key Managerial Personnel (KMP) at Punjab Agro Industries Corporation Limited India is Rajesh Sood as COMPANY SECRETARY. Jagnoor Grewal, Shaminder Khinda, Mukesh Jain, and Three other members serve as directors at the Company.
Company Details
- Location Chandigarh, Chandigarh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51219CH1966SGC002630
- Company No.
002630
- Company Classification
Private Limited State Government Company
- Incorporation Date
11 Feb 1966
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Punjab Agro Industries Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Sood  | Company Secretary | 01-Jun-2016 | Current |
| Jagnoor Grewal | Managing Director | 05-Dec-2023 | Current |
| Amit Kumar | Managing Director | 13-Apr-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shaminder Khinda | Nominee Director | 12-Sep-2022 | Current |
| Mukesh Jain | Nominee Director | 27-Aug-2021 | Current |
| Yashanjit Singh | Nominee Director | 03-Mar-2022 | Current |
| Dp Kharbanda | Director | 21-Nov-2023 | Current |
Financial Performance of Punjab Agro Industries Corporation.
Punjab Agro Industries Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 166.55% increase. The company also saw a substantial improvement in profitability, with a 103.99% increase in profit. The company's net worth moved up by a moderate rise of 2.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Punjab Agro Industries Corporation?
In 2023, Punjab Agro Industries Corporation had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sukhjit Mega Food Park & Infra LimitedAmit Kumar is a mutual person
Punjab Agro Foodgrains Corporation LimitedRajesh Sood, Yashanjit Singh and 1 more are mutual person
Punjab Agri Food Parks LimitedAmit Kumar is a mutual person
Punjab Agri Export Corporation LimitedYashanjit Singh is a mutual person
Haryana Agro Industries Corporation LtdMukesh Jain is a mutual person
Punjab State Industrial Development Corpn LimitedDp Kharbanda is a mutual person
Charges (Loans)
₹2,785.13 Cr
₹0
Charges Breakdown by Lending Institutions
- Governor Of Punjab : 997.00 Cr
- Governer Of Punjab Through Directoe; Food And Supplies : 850.00 Cr
- Governer Of Punjab; Through Director; Food And Supplies : 707.00 Cr
- Punjab National Bank : 152.00 Cr
- Sbicap Trustee Company Limited : 27.13 Cr
- Others : 52.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2016 | Sbicap Trustee Company Limited | ₹27.13 Cr | Open |
| 29 Jun 2004 | Oriental Bank Of Commerce | ₹25.00 Cr | Open |
| 26 Nov 2002 | Punjab National Bank | ₹50.00 Cr | Open |
| 26 Nov 2002 | Punjab National Bank | ₹50.00 Cr | Open |
| 10 Jul 2002 | Governer Of Punjab; Through Director; Food And Supplies | ₹707.00 Cr | Open |
How Many Employees Work at Punjab Agro Industries Corporation?
Punjab Agro Industries Corporation has a workforce of 201 employees as of Apr 07, 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 Agro Industries Corporation, 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 Agro Industries Corporation'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.
