Jos Petro Limited
About Jos Petro Limited
Data last updated:
Jos Petro Limited was a public limited company based in Punjab, 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 23 July 2004.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50500PB2004PLC027328. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors including Sanjay Jain (Managing Director) and Sanjeev Sharma.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 546 Industrial Area – Bludhiana, Punjab, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹18.05 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹38.06 Lakh (net margin -210.9%) and EBITDA of -₹37 Lakh (EBITDA margin -205%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years.
The company had about 13 employees on its provident fund (EPFO) records before it was struck off.
As per MCA filings, the company had satisfied charges of ₹5.2 Cr on record.
Company details
CIN history
Jos Petro has one previous CIN (Corporate Identification Number): L50500PB2004PLC027328. The current CIN is U50500PB2004PLC027328, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50500PB2004PLC027328 | Current |
| L50500PB2004PLC027328 | Previous |
Contact details
Jos Petro Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address546 Industrial Area – Bludhiana, Punjab, India
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Jos Petro 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 Jos Petro 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 Jos Petro Limited, buy the company report.
Financials of Jos Petro Limited
FY 2019 filings availableJos Petro Limited reported revenue of ₹18.05 Lakh (down 94% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over three years, including a 94% fall in the latest year. EBITDA fell 211% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹37 Lakh | ||||
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| Net Profit (PAT) | -₹38.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -205% | ||||
| Net Profit Margin | -210.9% | ||||
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To see the full financial statements and ratios of Jos Petro Limited, buy the company report.
Board of directors of Jos Petro Limited
Jos Petro has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Sharma | Director | 25 Nov 2017 | 8 Years 10 Months | As last reported |
| Manik Jain | Director | 10 Jun 2019 | 7 Years 4 Months | As last reported |
| Sanjay Jain | Managing Director | 23 Jul 2004 | 22 Years 3 Months | As last reported |
Auditor
Jos Petro Limited is audited by K B JAIN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K B JAIN & CO | FY 2016 | 002205N |
Shareholding
The shareholding of Jos Petro Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Jos Petro Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2012 | 10367363 | Hdfc Bank Limited | ₹2 Cr | Satisfied | |
| 20 Mar 2012 | 10355073 | Bank of India | ₹1.5 Cr | Satisfied | |
| 20 Mar 2012 | 10355072 | Bank of India | ₹50 Lakh | Satisfied | |
| 16 Nov 2005 | 80024547 | Bank of India | ₹15 Lakh | Satisfied | |
| 16 Nov 2005 | 80024478 | Bank of India | ₹80 Lakh | Satisfied |
To see the full charge records of Jos Petro Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Jos Petro 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 Jos Petro Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Jos Petro 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 Jos Petro Limited, buy the company report.
Recent activity
Jos Petro Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Manik Jain ceased to be Additional Director on 31 Dec 2020.
14 earlier events are in the company report.
Frequently asked questions
Jos Petro 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.
Jos Petro was a public limited company based in Punjab, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 23 July 2004 and is registered under CIN U50500PB2004PLC027328. The company has been struck off by the Registrar of Companies and is no longer operational.
Jos Petro had 3 directors:
- Sanjay Jain - Managing Director
- Sanjeev Sharma - Director
- Manik Jain - Director
The CIN (Corporate Identification Number) of Jos Petro is U50500PB2004PLC027328. 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 Jos Petro is at 546 Industrial Area – Bludhiana, Punjab, India.
Jos Petro was incorporated on 23 July 2004. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Jos Petro on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Jos Petro has 1 GST registration on record and it is cancelled or inactive.
Jos Petro operated in the chemicals and materials industry, in the chemical distribution and retail segment. It worked in this industry before it was struck off.
Manik Jain ceased to be Additional Director on 31 Dec 2020. Sanjeev Sharma ceased to be Additional Director on 31 Dec 2020. Manik Jain was appointed as Director on 10 Jun 2019. Jos Petro has 8 board changes on record in total.