Punjab State Grains Procurement Corporation Limited

Wholesale trading of grains, pulses, and other agricultural products since 2003.

2003 | Chandigarh (India) | Active
Last Updated: December 04, 2024

Punjab State Grains Procurement Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8,634.54 Cr
  • Satisfied Charges ₹ 6,927.43 Cr
  • Revenue Growth 1.05%
  • Profit Growth 50.41%
  • Ebitda -113.13%
  • Net Worth -6.41%
  • Total Assets 26.65%

About Punjab State Grains Procurement Corporation

Punjab State Grains Procurement Corporation Limited (PSGPCL) is a leading Public Limited State Government Company incorporated in India on 10 March 2003 and has a history of 21 years and 11 months. Its registered office is in Chandigarh, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 1.05 Cr.

The company currently has active open charges totaling ₹8,634.54 Cr. The company has closed loans amounting to ₹6,927.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Punjab State Grains Procurement Corporation Limited India is Sarvesh Kumar as CFO. Ajoy Sinha, Vikas Garg, Parampal Sidhu, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    punjab.gov.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00000CH2003SGC025837

  • Company No.

    025837

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    10 Mar 2003

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Agriculture

Who are the key members and board of directors at Punjab State Grains Procurement Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Puneet Goyal Country flag representing In Managing Director07-Mar-2024Current
Sarvesh Kumar CFO29-Jun-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Ajoy Sinha Country flag representing In Nominee Director 27-Mar-2024Current
Vikas Garg Country flag representing In Nominee Director 20-May-2024Current
Parampal Sidhu Country flag representing In Nominee Director 23-Oct-2020Current
Baldev Singh Country flag representing In Nominee Director 08-Sep-2022Current

Financial Performance of Punjab State Grains Procurement Corporation.

Punjab State Grains Procurement Corporation Limited, for the financial year ended 2018, experienced modest growth in revenue, with a 1.05% increase. The company also saw a substantial improvement in profitability, with a 50.41% increase in profit. The company's net worth dipped by a decrease of 6.41%.

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
1.05%
Revenue from Operations
1.12%
Total Assets
26.65%
Profit or Loss
50.41%
Net Worth
-6.41%
EBITDA
-113.13%

What is the Ownership and Shareholding Structure of Punjab State Grains Procurement Corporation?

In 2023, Punjab State Grains Procurement Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8,634.54 Cr

Satisfied Charges

₹6,927.43 Cr

Charges Breakdown by Lending Institutions

  • Governor Of Punjab(Through Director Food And Civil Supplies) : 3619.60 Cr
  • Others : 1400.00 Cr
  • Canara Bank : 1000.00 Cr
  • State Bank Of India : 900.00 Cr
  • The Governor Of Panjab : 857.47 Cr
  • Others : 857.47 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2024Canara Bank₹1,000.00 CrOpen
18 Jul 2022Others₹700.00 CrOpen
09 Dec 2021Others₹700.00 CrOpen
23 Oct 2013State Bank Of India₹900.00 CrOpen
23 Jul 2007Governor Of Punjab(Through Director Food And Civil Supplies)₹1,296.17 CrOpen

How Many Employees Work at Punjab State Grains Procurement Corporation?

Punjab State Grains Procurement Corporation has a workforce of 0 employees as of Oct 15, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Punjab State Grains Procurement 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 State Grains Procurement Corporation'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 State Grains Procurement Corporation

Recent activity within the organization

  • Charges

    A charge registered on 21 Feb 2024 via Charge ID 100876975 with Canara Bank was fully satisfied on 11 Sep 2024.

    11 Sep 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 1,000.00 Cr with Charge ID 100971559 was registered on 23 Aug 2024.

    23 Aug 2024

  • Charges

    A charge registered on 10 Nov 2015 via Charge ID 10607581 with National Bank For Agricultural And Rural Development was fully satisfied on 27 May 2024.

    27 May 2024

  • Director Appointment

    Vikas Garg was appointed as a Nominee Director was appointed as a Nominee Director on 20 May 2024 & has been associated with this company since 9 months 4 days .

    20 May 2024

  • Director Appointment

    Ajoy Kumar Sinha was appointed as a Nominee Director was appointed as a Nominee Director on 27 Mar 2024 & has been associated with this company since 10 months 27 days .

    27 Mar 2024

  • Director Appointment

    Puneet Goyal was appointed as a Managing Director was appointed as a Managing Director on 07 Mar 2024 & has been associated with this company since 11 months 17 days .

    07 Mar 2024

Frequently asked questions

  • Punjab State Grains Procurement Corporation Limited was incorporated on 10 Mar 2003.

  • The authorized share capital of Punjab State Grains Procurement Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 6 directors are associated with Punjab State Grains Procurement Corporation Limited.

    • Ajoy Kumar Sinha
    • Vikas Garg
    • Parampal Kaur Sidhu
    • Baldev Singh
    • Puneet Goyal
    • Sarvesh Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Punjab State Grains Procurement Corporation Limited is Anaaj Bhawan Sector- 39, India, Chandigarh, 160036.

  • The corporate identification number (CIN) of Punjab State Grains Procurement Corporation Limited is U00000CH2003SGC025837 and the company number is 025837 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Punjab State Grains Procurement Corporation Limited is https://www.punjab.gov.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Punjab State Grains Procurement Corporation Limited has risen by 1.05%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Punjab State Grains Procurement Corporation Limited has experienced an downturn of -6.41%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Punjab State Grains Procurement Corporation Limited amount to ₹ 8,634.54 Cr.

  • The most recent Balance Sheet for Punjab State Grains Procurement Corporation Limited was filed with the ROC on 31 Mar 2023.

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