Seven Seas Petroleum Private Limited

Petroleum trading and distribution company with focus on various products and chemicals.

1993 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: January 18, 2025

Seven Seas Petroleum Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.70 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.80 Cr
  • Satisfied Charges ₹ 13.90 Cr
  • Revenue Growth 66.81%
  • Profit Growth 35.93%
  • Ebitda 5.80%
  • Net Worth 12.18%
  • Total Assets 19.95%

About Seven Seas Petroleum

Seven Seas Petroleum Private Limited (SSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 1993 and has a history of 31 years and one month. Its registered office is in Tiruvallur, Tamil Nadu, India.

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 5.00 Cr and a paid-up capital of Rs 2.70 Cr.

The company currently has active open charges totaling ₹1.80 Cr. The company has closed loans amounting to ₹13.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Peter Kurian, Linda Peter, Marita Peter, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51102TN1993PTC026330

  • Company No.

    026330

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

Who are the key members and board of directors at Seven Seas Petroleum?

Executive Team (1)

Name Designation Appointment Date Status
Peter Kurian Country flag representing In Managing Director 01-Jul-1998 Current

Board Members (3)

Name Designation Appointment Date Status
Linda Peter Country flag representing In Director 26-Apr-2012 Current
Marita Peter Country flag representing In Director 02-Jul-2012 Current
Kurian Peter Country flag representing In Director 02-Jul-2012 Current

Financial Performance of Seven Seas Petroleum.

Seven Seas Petroleum Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 66.81% increase. The company also saw a substantial improvement in profitability, with a 35.93% increase in profit. The company's net worth Soared by an impressive increase of 12.18%.

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
66.81%
Revenue from Operations
68.12%
Total Assets
19.95%
Profit or Loss
35.93%
Net Worth
12.18%
EBITDA
5.80%

What is the Ownership and Shareholding Structure of Seven Seas Petroleum?

In 2023, Seven Seas Petroleum 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

₹1.80 Cr

Satisfied Charges

₹13.90 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.80 Cr

Latest Charge Details

Date Lender Amount Status
16 Aug 2023 Others ₹1.80 Cr Open
28 Feb 2023 Others ₹1.80 Cr Satisfied
02 Dec 2019 Others ₹1.90 Cr Satisfied
03 Jan 2018 Citi Bank N.A. ₹3.20 Cr Satisfied
11 Feb 2011 Axis Bank Limited ₹2.00 Cr Satisfied

How Many Employees Work at Seven Seas Petroleum?

Seven Seas Petroleum has a workforce of 13 employees as of Mar 23, 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 Seven Seas Petroleum, 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 Seven Seas Petroleum'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 Seven Seas Petroleum

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 1.80 Cr registered on 16 Aug 2023 with Charge ID 100764961 was modified on 07 Oct 2023.

    07 Oct 2023

  • Annual General Meeting

    Seven Seas Petroleum Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100764961 was registered on 16 Aug 2023.

    16 Aug 2023

  • Charges

    A charge registered on 28 Feb 2023 via Charge ID 100691201 with Others was fully satisfied on 26 Apr 2023.

    26 Apr 2023

  • Balance Sheet

    Seven Seas Petroleum Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100691201 was registered on 28 Feb 2023.

    28 Feb 2023

Frequently asked questions

  • Seven Seas Petroleum Private Limited was incorporated on 07 Dec 1993.

  • The authorized share capital of Seven Seas Petroleum Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.70 Cr.

  • Currently 4 directors are associated with Seven Seas Petroleum Private Limited.

    • Peter Manavalan Kurian
    • Linda Manavalan Peter
    • Marita Manavalan Peter
    • Kurian Manavalan Peter
  • As per Ministry of Corporate Affairs (Mca), the registered address of Seven Seas Petroleum Private Limited is No 46 Bangalore Chennai Trunk Road Nazarethpet India, Poonamallee, Tamil Nadu, 600123.

  • The corporate identification number (CIN) of Seven Seas Petroleum Private Limited is U51102TN1993PTC026330 and the company number is 026330 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Seven Seas Petroleum Private Limited is https://www.sevenseaspetro.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Seven Seas Petroleum Private Limited has risen by 66.81%.

  • As Per 2022 financial reports, 13 employees are currently employed by Seven Seas Petroleum Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Seven Seas Petroleum Private Limited has experienced an upsurge of 12.18%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Seven Seas Petroleum Private Limited amount to ₹ 1.80 Cr.

  • The most recent Balance Sheet for Seven Seas Petroleum Private Limited was filed with the ROC on 31 Mar 2023.

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