Primo Chemicals Profile
Key Indicators
- Authorised Capital ₹ 70.00 Cr
- Paid Up Capital ₹ 48.47 Cr
- Company Age 49 Year, 2 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 two 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
- 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naveen Chopra  | Managing Director | 28-May-2019 | Current |
| Arun Kaushal | CFO | 01-Jul-2020 | Current |
| Smt Kukreja | Company Secretary | 20-Oct-2016 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sukhbir Dahiya | Director | 20-Oct-2020 | Current |
| Jagbir Ahlawat | Director | 20-Oct-2020 | Current |
| Tilak Bajalia | Director | 26-Oct-2020 | Current |
| Jatin Dahiya | Whole-Time Director | 20-Oct-2020 | Current |
| Kuldip Suhag | Director | 26-Oct-2020 | Current |
| Ashok Goyal | Director | 26-Oct-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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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.
Related Corporates (Common Directorship)
Jtl Industries LimitedAshok Goyal is a mutual person
Moneyplus Financial Services Private LimitedTilak Bajalia is a mutual person
Capri Global Housing Finance LimitedTilak Bajalia is a mutual person
Himalaya Alkalies & Chemicals LimitedSukhbir Dahiya, Jagbir Ahlawat and 1 more are mutual person
- Prayag Chemicals Private Limited
Sukhbir Dahiya and Jagbir Ahlawat are mutual person
- Flow Tech Chemicals Private Limited
Sukhbir Dahiya and Jagbir Ahlawat are mutual person
Charges (Loans)
₹241.33 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2023 | Others | ₹34.00 Cr | Open |
| 12 Jun 2023 | Others | ₹10.00 Cr | Open |
| 01 Mar 2023 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 28 Dec 2022 | Hdfc Bank Limited | ₹57.50 Cr | Open |
| 29 Oct 2022 | Hdfc Bank Limited | ₹50.00 Cr | Open |
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.
Deals i
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
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.
