Petro-Chem Development (India) Private Limited
About Petro-Chem Development (India) Private Limited
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Petro-Chem Development (India) Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Petro-Chem Development Co Inc.. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the design and photography segment of the professional services sector. It was incorporated on 25 April 2006.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2006PTC128381. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹14.75 Lakh. It is led by directors Prachi Laxman Sadekar and Meenakshi Sundaram Suresh.
Its last annual general meeting (AGM) was held on 12 June 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Fl No. 8 Priyanjali Apts. Pl. No. 114 S. 26 Dhanukar Coly, Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.7 Lakh. For the same year it recorded a net profit of ₹4.62 Lakh (net margin 60%) and EBITDA of -₹1.03 Lakh (EBITDA margin -13.4%).
Company details
Contact details
Petro-Chem Development (India) Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFl No. 8 Priyanjali Apts. Pl. No. 114 S. 26 Dhanukar Coly, Pune, Maharashtra, India – 411029
- IndustryProfessional Services, Design & Photography
To see the full contact details of Petro-Chem Development (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
Financials of Petro-Chem Development (India) Private Limited
FY 2017 filings availablePetro-Chem Development (India) Private Limited reported revenue of ₹7.7 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹7.7 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.62 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -13.4% | ||
| Net Profit Margin | 60% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Petro-Chem Development (India) Private Limited, buy the company report.
Board of directors of Petro-Chem Development (India) Private Limited
Petro-Chem Development (India) has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prachi Laxman Sadekar | Director | 16 Dec 2013 | 12 Years 10 Months | As last reported |
| Meenakshi Sundaram Suresh Also directs: Techgreen Consulting International LLP | Director | 16 Dec 2013 | 12 Years 10 Months | As last reported |
Auditor
Petro-Chem Development (India) Private Limited is audited by V.M. MATHKARI AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.M. MATHKARI AND CO. | FY 2017 | 106094W |
Shareholding
The shareholding of Petro-Chem Development (India) Private 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 Petro-Chem Development (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Petro-Chem Development (India) 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 Petro-Chem Development (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Petro-Chem Development (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 Petro-Chem Development (India) Private Limited, buy the company report.
Recent activity
Petro-Chem Development (India) Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Sachin Gangadhar Sangamnerkar ceased to be Director on 16 Apr 2015.
Frequently asked questions
Petro-Chem Development (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Petro-Chem Development (India) is a company under liquidation, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in design and photography, within the professional services industry. It was incorporated on 25 April 2006 and is registered under CIN U72900PN2006PTC128381. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Petro-Chem Development (India) has 2 current directors:
- Prachi Laxman Sadekar - Director
- Meenakshi Sundaram Suresh - Director
The latest financial statements of Petro-Chem Development (India) on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 12 June 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Petro-Chem Development (India) is U72900PN2006PTC128381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Petro-Chem Development (India) was incorporated on 25 April 2006. It is registered with the Registrar of Companies, Pune.
Sachin Gangadhar Sangamnerkar ceased to be Director on 16 Apr 2015. Meenakshi Sundaram Suresh ceased to be Additional Director on 22 Sep 2014. Prachi Laxman Sadekar ceased to be Additional Director on 22 Sep 2014. Petro-Chem Development (India) has 9 board changes on record in total.
The registered office of Petro-Chem Development (India) is at Fl No. 8 Priyanjali Apts. Pl. No. 114 S. 26 Dhanukar Coly, Pune, Maharashtra, India – 411029.
No. Petro-Chem Development (India) has 1 GST registration on record and it is cancelled or inactive.
Petro-Chem Development (India) operates in the professional services industry, in the design and photography segment.
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