Sumangal Petrochemicals Private Limited

Imports and distributes polymers from various countries, acts as a del credere agent for HPL.

2005 | Sangli, Maharashtra (India) | Active
Last Updated: June 16, 2024

Sumangal Petrochemicals Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 11.00 Cr
  • Company Age 19 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.31 Cr
  • Revenue Growth -44.01%
  • Profit Growth -22.90%
  • Ebitda -3.73%
  • Net Worth 15.04%
  • Total Assets 50.45%

About Sumangal Petrochemicals

Sumangal Petrochemicals Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 June 2005 and has a history of 19 years and eight months. Its registered office is in Sangli, Maharashtra, 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 11.00 Cr and a paid-up capital of Rs 11.00 Cr.

The company currently has active open charges totaling ₹22.31 Cr.

Jigar Parekh, Dipti Parekh, and Urmish Parekh serve as directors at the Company.

Company Details

  • Location

    Sangli, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51410MH2005PTC153841

  • Company No.

    153841

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Sumangal Petrochemicals?

Executive Team (1)

Name Designation Appointment Date Status
Jigar Parekh Country flag representing In Managing Director 12-Apr-2012 Current

Board Members (2)

Name Designation Appointment Date Status
Dipti Parekh Country flag representing In Whole-Time Director 30-Sep-2016 Current
Urmish Parekh Country flag representing In Whole-Time Director 08-Jun-2005 Current

Financial Performance of Sumangal Petrochemicals.

Sumangal Petrochemicals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44.01% decrease. The company also saw a substantial fall in profitability, with a 22.9% decrease in profit. The company's net worth Soared by an impressive increase of 15.04%.

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
-44.01%
Revenue from Operations
-44.19%
Total Assets
50.45%
Profit or Loss
-22.90%
Net Worth
15.04%
EBITDA
-3.73%

What is the Ownership and Shareholding Structure of Sumangal Petrochemicals?

In 2023, Sumangal Petrochemicals 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

₹22.31 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.31 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2012 State Bank Of India ₹22.31 Cr Open

How Many Employees Work at Sumangal Petrochemicals?

Unlock and access historical data on people associated with Sumangal Petrochemicals, 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 Sumangal Petrochemicals, 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 Sumangal Petrochemicals'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 Sumangal Petrochemicals

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Sumangal Petrochemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 22.31 Cr registered on 25 Sep 2012 with Charge ID 10383198 was modified on 28 Sep 2020.

    28 Sep 2020

  • Director Appointment

    Dipti Yogesh Parekh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2016 & has been associated with this company since 8 years 4 months .

    30 Sep 2016

  • Charges

    A charge with State Bank Of India amounted to Rs. 22.31 Cr with Charge ID 10383198 was registered on 25 Sep 2012.

    25 Sep 2012

  • Director Appointment

    Jigar Rajesh Parekh was appointed as a Managing Director was appointed as a Managing Director on 12 Apr 2012 & has been associated with this company since 12 years 10 months .

    12 Apr 2012

Frequently asked questions

  • Sumangal Petrochemicals Private Limited was incorporated on 08 Jun 2005.

  • The authorized share capital of Sumangal Petrochemicals Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 11.00 Cr.

  • Currently 3 directors are associated with Sumangal Petrochemicals Private Limited.

    • Jigar Rajesh Parekh
    • Dipti Yogesh Parekh
    • Urmish Khushaldas Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sumangal Petrochemicals Private Limited is 2235A-Miraj Pandharpur Roadnear Maharashtra State Ware- Housing Corp Malgaon, Sangli, India, 416407.

  • The corporate identification number (CIN) of Sumangal Petrochemicals Private Limited is U51410MH2005PTC153841 and the company number is 153841 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sumangal Petrochemicals Private Limited has fallen by -44.01%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sumangal Petrochemicals Private Limited has experienced an upsurge of 15.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sumangal Petrochemicals Private Limited amount to ₹ 22.31 Cr.

  • The most recent Balance Sheet for Sumangal Petrochemicals Private Limited was filed with the ROC on 31 Mar 2023.

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