Primo Chemicals Limited

Produces caustic soda lye and other chemical by-products using membrane cell technology.

1975 | Chandigarh, Chandigarh (India) | Active
Last Updated:

Primo Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 48.47 Cr
  • Company Age 49 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 241.33 Cr
  • Satisfied Charges ₹ 235.18 Cr
  • Revenue Growth 56.33%
  • Profit Growth 136.21%
  • Ebitda 121.95%
  • Net Worth 48.48%
  • Total Assets 52.47%

About Primo Chemicals

Primo Chemicals Limited (PCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 December 1975 and has a history of 49 years and three months. Its registered office is in Chandigarh, Chandigarh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506852.

The Corporate was formerly known as Punjab Alkalies Ltd. 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 70.00 Cr and a paid-up capital of Rs 48.47 Cr.

The company currently has active open charges totaling ₹241.33 Cr. The company has closed loans amounting to ₹235.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Primo Chemicals Limited India are Arun Kaushal as CFO and Smt Kukreja as Company Secretary. Sukhbir Dahiya, Jagbir Ahlawat, Tilak Bajalia, and Five other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    primochemicals.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24119CH1975PLC003607

  • Company No.

    003607

  • Stock Symbol

    BSE : 506852

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1975

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Chemicals and Materials

What products or services does Primo Chemicals Limited offer?

Primo Chemicals Limited offers a wide range of products and services, including Caustic Soda, Caustic Soda Flakes, Disinfectant Chemicals, Sodium Hypochlorite, Chemical Compound, Industrial Acid, Hydrochloric Acid, Industrial Chemicals & Supplies.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Naveen Chopra Country flag representing In Managing Director28-May-2019Current
Arun Kaushal CFO01-Jul-2020Current
Smt Kukreja Country flag representing In Company Secretary20-Oct-2016Current

Board Members (7)

NameDesignationAppointment DateStatus
Sukhbir Dahiya Country flag representing In Director 20-Oct-2020Current
Jagbir Ahlawat Country flag representing In Director 20-Oct-2020Current
Tilak Bajalia Country flag representing In Director 26-Oct-2020Current
Jatin Dahiya Country flag representing In Whole-Time Director 20-Oct-2020Current
Kuldip Suhag Country flag representing In Director 26-Oct-2020Current
Ashok Goyal Country flag representing In Director 26-Oct-2020Current

Financial Performance of Primo Chemicals.

Primo Chemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.33% increase. The company also saw a substantial improvement in profitability, with a 136.21% increase in profit. The company's net worth Soared by an impressive increase of 48.48%.

Primo Chemicals revenue growth over time
Primo Chemicals 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
56.33%
Revenue from Operations
55.79%
Total Assets
52.47%
Profit or Loss
136.21%
Net Worth
48.48%
EBITDA
121.95%

What is the Ownership and Shareholding Structure of Primo Chemicals?

In 2022, Primo Chemicals had a promoter holding of 31.36% and a public holding of 68.64%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹241.33 Cr

Satisfied Charges

₹235.18 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 132.50 Cr
  • Others : 108.76 Cr
  • Governor Of Punjab Through Director Of Industries : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jun 2023Others₹34.00 CrOpen
12 Jun 2023Others₹10.00 CrOpen
01 Mar 2023Hdfc Bank Limited₹25.00 CrOpen
28 Dec 2022Hdfc Bank Limited₹57.50 CrOpen
29 Oct 2022Hdfc Bank Limited₹50.00 CrOpen

How Many Employees Work at Primo Chemicals?

Primo Chemicals has a workforce of 442 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.

Employee growth trends for Primo Chemicals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Primo 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 Primo 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 Primo Chemicals

Recent activity within the organization

  • Annual General Meeting

    Primo Chemicals Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 60.00 Cr registered on 08 Jun 2021 with Charge ID 100456366 was modified on 28 Jun 2023.

  • Charges

    A charge with Others amounted to Rs. 34.00 Cr with Charge ID 100739122 was registered on 12 Jun 2023.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100739165 was registered on 12 Jun 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 01 Mar 2023 with Charge ID 100691171 was modified on 12 May 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 57.50 Cr registered on 28 Dec 2022 with Charge ID 100675578 was modified on 12 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Primo Chemicals Limited?

    Primo Chemicals Limited was incorporated on 01 Dec 1975.

  • What is authorized share capital and paid-up capital of Primo Chemicals Limited?

    The authorized share capital of Primo Chemicals Limited is ₹ 70.00 Cr and paid-up capital is ₹ 48.47 Cr.

  • Who are the current board members & directors of Primo Chemicals Limited?

    Currently 10 directors are associated with Primo Chemicals Limited.

    • Sukhbir Singh Dahiya
    • Jagbir Singh Ahlawat
    • Tilak Raj Bajalia
    • Jatin Dahiya
    • Naveen Chopra
    • Kuldip Singh Suhag
    • Ashok Goyal
    • Teesta Sandhu
    • Arun Kumar Kaushal
    • Smt Sugandha Kukreja

  • What is the registered address of Primo Chemicals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Primo Chemicals Limited is S C O 125-127Sector 17 B, Chandigarh, U T, India, 160017.

  • What is the corporate identification number (CIN) and company number of Primo Chemicals Limited?

    The corporate identification number (CIN) of Primo Chemicals Limited is L24119CH1975PLC003607 and the company number is 003607 as per Ministry of Corporate Affairs (MCA).

  • Is Primo Chemicals Limited registered with any stock exchange in India?

    Yes, Primo Chemicals Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Primo Chemicals Limited?

    The Official website of Primo Chemicals Limited is https://www.primochemicals.in

  • What has been the recent revenue trend for Primo Chemicals Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Primo Chemicals Limited has risen by 56.33%.

  • How many employees does Primo Chemicals Limited currently have?

    As Per 2023 financial reports, 442 employees are currently employed by Primo Chemicals Limited.

  • What change has been observed in the net worth of Primo Chemicals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Primo Chemicals Limited has experienced an upsurge of 48.48%.

  • What are the total open charges for Primo Chemicals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Primo Chemicals Limited amount to ₹ 241.33 Cr.

  • When was the last Balance Sheet of Primo Chemicals Limited filed with the ROC?

    The most recent Balance Sheet for Primo Chemicals Limited was filed with the ROC on 31 Mar 2023.

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