Punjab Asbestos Pvt Ltd

Manufactures asbestos cement and jointing materials for automotive and industrial use.

1985 | Ludhiana, Punjab (India) | Active
Last Updated: January 01, 2025

Punjab Asbestos Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.28 M
  • Company Age 39 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 44554.84%
  • Profit Growth 1370477.39%
  • Ebitda -187.28%
  • Net Worth 2420.62%
  • Total Assets 2731.58%

About Punjab Asbestos

Punjab Asbestos Pvt Ltd (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 March 1985 and has a history of 39 years and 11 months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Manufacturing 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 0.50 M and a paid-up capital of Rs 0.28 M, as per Ministry of Corporate Affairs (MCA) records.

Jagjot Sukhija, Harinder Singh, and Lalit Chopra serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U26943PB1985PTC006163

  • Company No.

    006163

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Jagjot Sukhija Country flag representing Ca Director 09-Jan-1996 Current
Harinder Singh Country flag representing Ca Director 01-Mar-1985 Current
Lalit Chopra Country flag representing In Director 03-Nov-2014 Current

Financial Performance of Punjab Asbestos.

Punjab Asbestos Pvt Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 44554.84% increase. The company also saw a substantial improvement in profitability, with a 1370477.39% increase in profit. The company's net worth Soared by an impressive increase of 2420.62%.

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
44554.84%
Revenue from Operations
Total Assets
2731.58%
Profit or Loss
1370477.39%
Net Worth
2420.62%
EBITDA
-187.28%

What is the Ownership and Shareholding Structure of Punjab Asbestos?

In 2020, Punjab Asbestos had a promoter holding of 99.29% and a public holding of 0.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Punjab Asbestos?

Unlock and access historical data on people associated with Punjab Asbestos, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab Asbestos, 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 Asbestos'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 Asbestos

Recent activity within the organization

  • Annual General Meeting

    Punjab Asbestos Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Punjab Asbestos Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Lalit Chopra was appointed as a Director was appointed as a Director on 03 Nov 2014 & has been associated with this company since 10 years 3 months .

    03 Nov 2014

  • Director Appointment

    Jagjot Sukhija was appointed as a Director was appointed as a Director on 09 Jan 1996 & has been associated with this company since 29 years 25 days .

    09 Jan 1996

  • Director Appointment

    Harinder Singh was appointed as a Director was appointed as a Director on 01 Mar 1985 & has been associated with this company since 39 years 11 months .

    01 Mar 1985

  • Company Incorporation

    Punjab Asbestos Pvt Ltd was registered on 01 Mar 1985 with Roc Chandigarh & aged 39 years 11 months as per MCA records.

    01 Mar 1985

Frequently asked questions

  • Punjab Asbestos Pvt Ltd was incorporated on 01 Mar 1985.

  • The authorized share capital of Punjab Asbestos Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.28 M.

  • Currently 3 directors are associated with Punjab Asbestos Pvt Ltd.

    • Jagjot Sukhija
    • Harinder Singh
    • Lalit Chopra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab Asbestos Pvt Ltd is B X-1/17 South City India, Ludhiana, Punjab, 141002.

  • The corporate identification number (CIN) of Punjab Asbestos Pvt Ltd is U26943PB1985PTC006163 and the company number is 006163 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Punjab Asbestos Pvt Ltd has risen by 44554.84%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Punjab Asbestos Pvt Ltd has experienced an upsurge of 2420.62%.

  • The most recent Balance Sheet for Punjab Asbestos Pvt Ltd was filed with the ROC on 31 Mar 2023.

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