Quality Lube Products Private Limited

Fuel trading company based in Chennai, Tamil Nadu since 2006.

2006 | Ambattur, Tamil Nadu (India) | Active
Last Updated:

Quality Lube Products Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.98 Cr
  • Satisfied Charges ₹ 3.96 Cr
  • Revenue Growth 2.95%
  • Profit Growth 53.47%
  • Ebitda -6.61%
  • Net Worth 9.82%
  • Total Assets -33.98%

About Quality Lube Products

Quality Lube Products Private Limited (QLPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 2006 and has a history of 18 years and 11 months. Its registered office is in Ambattur, Tamil Nadu, India.

The Company is engaged in the Energy And Power 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹2.98 Cr. The company has closed loans amounting to ₹3.96 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raja Jesudasan and Raja Jesudasan serve as directors at the Company.

Company Details

  • Location

    Ambattur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ptpaints.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23209TN2006PTC059416

  • Company No.

    059416

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Energy and Power

What products or services does Quality Lube Products Private Limited offer?

Quality Lube Products Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Industrial Oils, Fuel Oils, Diesel, Light Diesel Oil, Furnace Oil.

Who are the key members and board of directors at Quality Lube Products?

Board Members (2)

NameDesignationAppointment DateStatus
Raja Jesudasan Country flag representing In Director 03-Apr-2006Current
Raja Jesudasan Country flag representing In Director 03-Apr-2006Current

Financial Performance of Quality Lube Products.

Quality Lube Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.95% increase. The company also saw a substantial improvement in profitability, with a 53.47% increase in profit. The company's net worth moved up by a moderate rise of 9.82%.

Quality Lube Products revenue growth over time
Quality Lube Products 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
2.95%
Revenue from Operations
2.37%
Total Assets
-33.98%
Profit or Loss
53.47%
Net Worth
9.82%
EBITDA
-6.61%

What is the Ownership and Shareholding Structure of Quality Lube Products?

In 2023, Quality Lube Products 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

₹2.98 Cr

Satisfied Charges

₹3.96 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 2.98 Cr

Latest Charge Details

DateLenderAmountStatus
03 Mar 2020Tamilnad Mercantile Bank Limited₹2.98 CrOpen
08 Jan 2015Tamilnad Mercantile Bank Limited₹2.50 CrSatisfied
18 Nov 2010Tamilnad Mercantile Bank Limited₹1.07 MSatisfied
11 Dec 2009Tamilnad Mercantile Bank Limited₹1.50 MSatisfied
22 Jun 2009Tamilnad Mercantile Bank Limited₹5.00 MSatisfied

How Many Employees Work at Quality Lube Products?

Quality Lube Products has a workforce of 2 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 Quality Lube Products Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Quality Lube Products, 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 Quality Lube Products'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 Quality Lube Products

Recent activity within the organization

  • Annual General Meeting

    Quality Lube Products Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Quality Lube Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 2.98 Cr registered on 03 Mar 2020 with Charge ID 100330799 was modified on 25 Nov 2021.

  • Charges

    A charge registered on 08 Jan 2015 via Charge ID 10544406 with Tamilnad Mercantile Bank Limited was fully satisfied on 11 Mar 2020.

  • Charges

    A charge registered on 18 Nov 2010 via Charge ID 10251784 with Tamilnad Mercantile Bank Limited was fully satisfied on 11 Mar 2020.

  • Charges

    A charge registered on 11 Dec 2009 via Charge ID 10193599 with Tamilnad Mercantile Bank Limited was fully satisfied on 11 Mar 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Quality Lube Products Private Limited?

    Quality Lube Products Private Limited was incorporated on 03 Apr 2006.

  • What is authorized share capital and paid-up capital of Quality Lube Products Private Limited?

    The authorized share capital of Quality Lube Products Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Quality Lube Products Private Limited?

    Currently 2 directors are associated with Quality Lube Products Private Limited.

    • Raja Ravindran Jesudasan
    • Raja Ananthan Jesudasan

  • What is the registered address of Quality Lube Products Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Quality Lube Products Private Limited is No.35A 35B 35C 36A Sidco Industrial Estate, Manali New Town VichoorManali New Town, Ambattur, Tamil Nadu, India, 600103.

  • What is the corporate identification number (CIN) and company number of Quality Lube Products Private Limited?

    The corporate identification number (CIN) of Quality Lube Products Private Limited is U23209TN2006PTC059416 and the company number is 059416 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Quality Lube Products Private Limited?

    The Official website of Quality Lube Products Private Limited is https://www.ptpaints.in

  • What has been the recent revenue trend for Quality Lube Products Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Quality Lube Products Private Limited has risen by 2.95%.

  • How many employees does Quality Lube Products Private Limited currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Quality Lube Products Private Limited.

  • What change has been observed in the net worth of Quality Lube Products Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Quality Lube Products Private Limited has experienced an upsurge of 9.82%.

  • What are the total open charges for Quality Lube Products Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Quality Lube Products Private Limited amount to ₹ 2.98 Cr.

  • When was the last Balance Sheet of Quality Lube Products Private Limited filed with the ROC?

    The most recent Balance Sheet for Quality Lube Products Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Oil & Gas Distribution & Transmission