About Prasol Chemicals Limited
Data last updated: 23 December 2025
Prasol Chemicals Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 24 January 1992, the company has been in operation for over 34 years.
Registered with ROC Mumbai under CIN U99999MH1992PLC065026.
Capital: an authorised share capital of ₹38 Cr and a paid-up capital of ₹11.6 Cr. Formerly known as Prachi Poly Products Limited and Prasol Chemicals Private Limited. It is led by directors including Gaurang Natwarlal Parikh and Rakesh Shivaji Jadhav.
Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: Navi Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,015.53 Cr, a growth of 14% compared to the previous year.
The company has a workforce of approximately 534 employees as per the latest available data.
The company is associated with 1 brand - Prasol Chemicals. As per MCA filings, the company has open charges of ₹907.45 Cr and satisfied charges of ₹323.64 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prasolchem.com.
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Registered AddressPrasol House Plot No A – 17/2/3 T. C. Industrial Area Khairne M.I.D., C., Navi Mumbai, Maharashtra, India – 400710
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IndustryChemicals and Materials, Specialty Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Prasol Chemicals Limited
Prasol Chemicals Limited has undergone 5 name changes throughout its history. The current legal name is Prasol Chemicals Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Prasol Chemicals Limited | Current |
| Prachi Poly Products Limited | Previous |
| Prasol Chemicals Private Limited | Previous |
| Prachi Poly Products Ltd | Previous |
| Prachi Poly Products Private Limited | Previous |
CIN History of Prasol Chemicals Limited
Prasol Chemicals Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U99999MH1992PLC065026, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1992PLC065026 | Current |
| U99999MH1992PTC065026 | Previous |
| L99999MH1992PLC065026 | Previous |
Associated Brands with Prasol Chemicals Limited
Prasol Chemicals Limited operates one associated brand: Prasol Chemicals. These brands represent Prasol Chemicals Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Produces and distributes specialty chemicals for agro, pharma, and performance sectors. | prasolchem.com |
Business Activity of Prasol Chemicals Limited
Prasol Chemicals Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Prasol Chemicals Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Prasol Chemicals Limited
Prasol Chemicals Limited is audited by C N K & ASSOCIATES LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C N K & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Prasol Chemicals Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Prasol Chemicals Limited
Prasol Chemicals Limited is currently managed by 10 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurang Natwarlal Parikh | Managing Director | 08 Aug 2011 | 15 Years 0 Months | Current |
| Rakesh Shivaji Jadhav | Whole-Time Director | 17 Sep 2025 | 0 Years 10 Months | Current |
| Ramakrishnan Gopalkrishnan | Director | 01 Mar 2022 | 4 Years 5 Months | Current |
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Nishith Shah Rajnikant
Also directs:
Consolidated Chemequip (Mfr) Private Limited
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Whole-Time Director | 30 Jul 2015 | 11 Years 0 Months | Current |
| Lakshmi Kantam Mannepalli | Director | 01 Mar 2022 | 4 Years 5 Months | Current |
| Pankil Nishith Dharia | Whole-Time Director | 30 Jul 2015 | 11 Years 0 Months | Current |
Financials of Prasol Chemicals Limited FY 2025 filings available
Prasol Chemicals Limited reported revenue of ₹1,015.53 Cr (up 14.00% YoY) for FY 2025.
Ten-year financial statements for Prasol Chemicals Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Prasol Chemicals Limited
Shareholding and ownership data for Prasol Chemicals Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Prasol Chemicals Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2025 | Hdfc Bank Limited | ₹47 Cr | Open |
| 06 Oct 2023 | Hdfc Bank Limited | ₹17.6 Cr | Open |
| 14 Apr 2023 | Others | ₹70 Cr | Open |
| 01 Dec 2021 | Others | ₹454.1 Cr | Open |
| 20 Sep 2021 | Hdfc Bank Limited | ₹40 Cr | Open |
Total charge records: 39 View all charges
Employees and EPFO Compliance at Prasol Chemicals Limited
Prasol Chemicals Limited has a workforce of 534 employees as of Apr 08, 2024.
Employee and EPFO history for Prasol Chemicals Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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- ECR filing status
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GST Compliance of Prasol Chemicals Limited
GST registrations and filing compliance for Prasol Chemicals Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Prasol Chemicals Limited
Credit ratings, litigation, and regulatory alerts for Prasol Chemicals Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Prasol Chemicals Limited
MSME payment history for Prasol Chemicals Limited
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- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Prasol Chemicals Limited
Corporate group structure for Prasol Chemicals Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Prasol Chemicals Limited
MCA filings and documents for Prasol Chemicals Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Prasol Chemicals Limited
Frequently Asked Questions about Prasol Chemicals Limited
Prasol Chemicals Limited is an active public limited company in the chemicals and materials sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 24 January 1992 (34+ years old) and is registered under CIN U99999MH1992PLC065026. The company has 534 employees.
Prasol Chemicals Limited reported revenue of ₹1,015.53 Cr for FY 2025 (up 14.00% YoY).
The current directors of Prasol Chemicals Limited are:
- Gaurang Natwarlal Parikh - Managing Director
- Rakesh Shivaji Jadhav - Whole-Time Director
- Ramakrishnan Gopalkrishnan - Director
- Nishith Shah Rajnikant - Whole-Time Director
- Lakshmi Kantam Mannepalli - Director
- Pankil Nishith Dharia - Whole-Time Director
- Srinivasan Subramanian - Director
- Dhaval Nalin Parikh - Managing Director
- Ajay Motilal Jain - Director
- Narayanan Pulukhool Nair - Director
The primary industry of Prasol Chemicals Limited is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.
Prasol Chemicals Limited can be reached at the registered office: Prasol House Plot No A – 1723 T. C. Industrial Area Khairne M.I.D, C, Navi Mumbai, Maharashtra, India – 400710, or through the website prasolchem.com.
The authorised capital is ₹38 Cr, and the paid-up capital is ₹11.6 Cr.