Propanol India Private Limited
About Propanol India Private Limited
Data last updated:
Propanol India Private Limited was a private limited company based in Erode, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 03 March 2016.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74120TZ2016PTC022360. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Thirumalai Murugesan and Murugesan Chithra.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at S.N. 33/8C Thanneerpandal Palayam Road Periyasemoor, Erode, Tamil Nadu, India – 638004.
As per the financials filed for FY 2018, the company reported a revenue of ₹68.12 Lakh, a growth of 83% compared to the previous year. For the same year it recorded a net profit of ₹56,861 (net margin 0.8%) and EBITDA of ₹1.65 Lakh (EBITDA margin 2.4%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
Propanol India Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.N. 33/8C Thanneerpandal Palayam Road Periyasemoor, Erode, Tamil Nadu, India – 638004
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Propanol India 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 Propanol India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Propanol India Private Limited, buy the company report.
Financials of Propanol India Private Limited
FY 2018 filings availablePropanol India Private Limited reported revenue of ₹68.12 Lakh (up 83% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 83% in the latest year. EBITDA fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹68.12 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.65 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹56,861 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.4% | ||
| Net Profit Margin | 0.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Propanol India Private Limited, buy the company report.
Board of directors of Propanol India Private Limited
Propanol India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thirumalai Murugesan | Director | 03 Mar 2016 | 10 Years 7 Months | As last reported |
| Murugesan Chithra | Director | 03 Mar 2016 | 10 Years 7 Months | As last reported |
Auditor
Propanol India Private Limited is audited by LOGANATHAN & SIVASUBRAMANIAN for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOGANATHAN & SIVASUBRAMANIAN | FY 2018 | 007362S |
Shareholding
The shareholding of Propanol India Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Propanol India Private Limited, buy the company report.
Legal cases
Propanol India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by M/S Oil Tech Lubricants Pvt Ltd | Pending |
To see the full case history of Propanol India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Propanol India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Propanol India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Propanol India Private Limited, buy the company report.
Recent activity
Propanol India Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Murugesan Chithra was appointed as Director on 03 Mar 2016.
Frequently asked questions
Propanol India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Propanol India was a private limited company based in Erode, Tamil Nadu, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 03 March 2016 and is registered under CIN U74120TZ2016PTC022360. The company has been struck off by the Registrar of Companies and is no longer operational.
Propanol India had 2 directors:
- Thirumalai Murugesan - Director
- Murugesan Chithra - Director
The CIN (Corporate Identification Number) of Propanol India is U74120TZ2016PTC022360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Propanol India is at S.N. 338C Thanneerpandal Palayam Road Periyasemoor, Erode, Tamil Nadu, India – 638004.
Propanol India was incorporated on 03 March 2016. It is registered with the Registrar of Companies, Coimbatore.
The latest financial statements of Propanol India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2016 are in the company report.
No. Propanol India has 1 GST registration on record and it is cancelled or inactive.
Propanol India operated in the chemicals and materials industry, in the chemical distribution and retail segment. It worked in this industry before it was struck off.
Propanol India has 1 court case on record: 1 filed against it. 1 is pending.