Primo Chemicals Limited

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

1975 | 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, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 241.73 Cr
  • Satisfied Charges ₹ 236.77 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 five months. Its registered office is in 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 2024. 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 ₹241.73 Cr. The company has closed loans amounting to ₹236.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Primo Chemicals Limited India are Smt Kukreja as COMPANY SECRETARY and Sunil Parsad as Cfo. Sukhbir Dahiya, Kuldip Suhag, Teesta Sandhu, and Five other members serve as directors at the Company.

Company Details

  • Location

    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

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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.

Company report

Primo Chemicals Limited

Explore comprehensive data for Primo Chemicals Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Smt Kukreja Country flag representing In Company Secretary20-Oct-2016Current
Sunil Parsad CFO03-Jul-2024Current
Naveen Chopra Country flag representing In Managing Director29-Oct-2020Current

Board Members (7)

NameDesignationAppointment DateStatus
Sukhbir Dahiya Country flag representing In Director 20-Oct-2020Current
Kuldip Suhag Country flag representing In Director 26-Oct-2020Current
Teesta Sandhu Country flag representing In Director 02-Dec-2021Current
Ashok Goyal Country flag representing In Director 26-Oct-2020Current
Jatin Dahiya Country flag representing In Whole-Time Director 20-Oct-2020Current
Tilak Bajalia 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

₹241.73 Cr

Satisfied Charges

₹236.77 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 134.50 Cr
  • Others : 107.16 Cr
  • Governor Of Punjab Through Director Of Industries : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 2024Hdfc Bank Limited₹2.00 CrOpen
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

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

  • Charges

    A charge registered on 26 Aug 2021 via Charge ID 100480612 with Others was fully satisfied on 29 Jan 2025.

  • Charges

    A charge with Others of Rs. 60.00 Cr registered on 08 Jun 2021 with Charge ID 100456366 was modified on 08 Nov 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 01 Mar 2023 with Charge ID 100691171 was modified on 22 Oct 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 29 Oct 2022 with Charge ID 100642477 was modified on 22 Oct 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100995670 was registered on 09 Oct 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 57.50 Cr registered on 28 Dec 2022 with Charge ID 100675578 was modified on 07 Oct 2024.

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
    • Kuldip Singh Suhag
    • Teesta Sandhu
    • Smt Sugandha Kukreja
    • Sunil Parsad
    • Ashok Goyal
    • Jatin Dahiya
    • Tilak Raj Bajalia
    • Jagbir Singh Ahlawat
    • Naveen Chopra

  • What is the registered address of Primo Chemicals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Primo Chemicals Limited is Bay No. 46-50 Sector 31 - A, India, Chandigarh, 160030.

  • 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 ₹ 241.73 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 2024.

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