- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-33-0011570

About Ducon Petroleum Private Limited
Data last updated:
Ducon Petroleum Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 02 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U23203RJ2017PTC058217. Its GSTIN is 08AAGCD2054G1ZV (Rajasthan).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Preeti Solanki and Ram Chandra Solanki.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 2 – A Matra Kripa Building Rajendra Nagar 100 Ft. Road Sukher, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.67 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹1.29 Lakh (net margin -12.1%) and EBITDA of -₹16,436 (EBITDA margin -1.5%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 30% over five years.
Ducon Petroleum Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0011570). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website duconpetroleum.in.
Company details
Recognitions & Rankings of Ducon Petroleum
Contact details
Ducon Petroleum Private Limited's registered office is in Udaipur, Rajasthan. Its website is duconpetroleum.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2 – A Matra Kripa Building Rajendra Nagar 100 Ft. Road Sukher, Udaipur, Rajasthan, India – 313001
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Ducon Petroleum Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ducon Petroleum is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ducon Petroleum Private Limited, buy the company report.
Financials of Ducon Petroleum Private Limited
FY 2023 filings availableDucon Petroleum Private Limited reported revenue of ₹10.67 Lakh (down 78% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 78% fall in the latest year. EBITDA fell 115% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹16,436 | ||||
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| Net Profit (PAT) | -₹1.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -1.5% | ||||
| Net Profit Margin | -12.1% | ||||
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To see the full financial statements and ratios of Ducon Petroleum Private Limited, buy the company report.
Board of directors of Ducon Petroleum Private Limited
Ducon Petroleum has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preeti Solanki | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
| Ram Chandra Solanki | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Ducon Petroleum Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Petroleum), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kothari International Trading Private Limited | ₹10.74 Lakh (FY 2022) | 3.0% | Nungambakkam Chennai, Tamil Nadu, India | |||
| Ducon Petroleum Private Limitedthis company | ₹10.67 Lakh (FY 2023) | -₹1.29 Lakh | -12.1% | -78.0% | Udaipur, Rajasthan, India | |
| Eiffel Grease and Lubricants Private Limited | ₹10.65 Lakh (FY 2024) | -92.0% | Hyderabad, Telangana, India | |||
| Purohit Minerals & Chemicals Pvt Ltd | ₹10.65 Lakh (FY 2024) | 155.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ducon Petroleum Private Limited, buy the company report.
Auditor
Ducon Petroleum Private Limited is audited by V.S. LODHA & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.S. LODHA & COMPANY | FY 2022 | 000035C |
Shareholding
The shareholding of Ducon Petroleum Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ducon Petroleum Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ducon Petroleum Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ducon Petroleum Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ducon Petroleum has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCD2054G1ZV | Rajasthan | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Ducon Petroleum Private Limited, buy the company report.
Recent activity
Ducon Petroleum Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Prabhu Lal Salvi ceased to be Director on 15 Dec 2018.
Frequently asked questions
Ducon Petroleum is an active private limited company based in Udaipur, Rajasthan, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 02 June 2017 (9+ years old) and is registered under CIN U23203RJ2017PTC058217.
Ducon Petroleum has 2 current directors:
- Preeti Solanki - Director
- Ram Chandra Solanki - Director
The latest financial statements of Ducon Petroleum on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Ducon Petroleum is 08AAGCD2054G1ZV, registered in Rajasthan.
The CIN (Corporate Identification Number) of Ducon Petroleum is U23203RJ2017PTC058217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ducon Petroleum was incorporated on 02 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ducon Petroleum by revenue are Kothari International Trading Private Limited, Eiffel Grease and Lubricants Private Limited, Purohit Minerals & Chemicals Pvt Ltd, all in the Chemicals industry (Chemical Retail and Distribution, Petroleum), with the same principal business activity (wholesale trading).
Prabhu Lal Salvi ceased to be Director on 15 Dec 2018. Prabhu Lal Salvi was appointed as Director on 02 Jun 2017. Preeti Solanki was appointed as Director on 02 Jun 2017. Ducon Petroleum has 4 board changes on record in total.
Yes, Ducon Petroleum is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-33-0011570).
Ducon Petroleum can be reached through the website duconpetroleum.in. Its registered office is in Udaipur, Rajasthan, India.
The registered office of Ducon Petroleum is at 2 – A Matra Kripa Building Rajendra Nagar 100 Ft. Road Sukher, Udaipur, Rajasthan, India – 313001.

