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Prasol Chemicals Limited - Company Profile

It is a chemicals and materials public limited company based in Navi Mumbai, Maharashtra, India, established in 1992.

1992 | Navi Mumbai, Maharashtra, India | Active
Last Updated:

About Prasol Chemicals Limited

Prasol Chemicals Limited, a active public limited company, was established on 24 January 1992 in Navi Mumbai, Maharashtra, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U99999MH1992PLC065026. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹38.00 Cr and a paid-up capital of ₹11.60 Cr.

Formerly known as Prachi Poly Products Limited, Prasol Chemicals Private Limited. It upholds a compliant status. Employing 534 professional, Its leadership includes Gaurang Natwarlal Parikh (Managing Director), Rakesh Shivaji Jadhav (Whole-Time Director), Ramakrishnan Gopalkrishnan (Director). Past directors included Jatin Narendra Parikh, Gaurang Natwarlal Parikh, Arun Keshav Dudhane. It holds ₹907.45 Cr open charges and ₹323.64 Cr settled loans. Its latest AGM occurred on 17 September 2025, with the balance sheet filed on 31 March 2025. It is based at Prasol House, Plot No A - 17/2/3, T. T. C. Industrial Area, Khairne M.I.D., C., Navi Mumbai, Maharashtra, 400710.

Company Details

  • CIN/LLPIN

    U99999MH1992PLC065026

  • Registration Number

    065026

  • Incorporation Date

    24 January 1992

  • Authorized Capital

    ₹38.00 Cr

  • Paid-Up Capital

    ₹11.60 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 11.60 Cr
  • Company Age 33 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 907.45 Cr
  • Satisfied Charges ₹ 323.64 Cr
  • Revenue Growth 3.25%
  • Profit Growth -41.18%
  • Ebitda -34.89%
  • Net Worth 17.97%
  • Total Assets 1.65%
Company report

Prasol Chemicals Limited

Company Report FY 2025-2026

Explore comprehensive insights into Prasol Chemicals Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Prasol Chemicals Limited?

Current Directors

NameDesignationAppointment DateStatus
Gaurang Natwarlal ParikhManaging Director08 Aug 2011Current
Rakesh Shivaji JadhavWhole-Time Director18 Jun 2025Current
Ramakrishnan GopalkrishnanDirector01 Mar 2022Current
Nishith Shah RajnikantWhole-Time Director30 Jul 2015Current
Lakshmi Kantam MannepalliDirector01 Mar 2022Current
Pankil Nishith DhariaWhole-Time Director30 Jul 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector12 Aug 2021Past
Pramod AbcsddWhole-Time Director01 Jun 2008Past
Pramod AbcsddAdditional Director28 Sep 2018Past
Pramod AbcsddDirector12 Aug 2017Past
Pramod AbcsddAdditional Director18 Jun 2025Past
Pramod AbcsddAdditional Director30 Jul 2015Past

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Financial Performance of Prasol Chemicals.

Prasol Chemicals Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.25% increase. The company also saw a substantial fall in profitability, with a 41.18% decrease in profit. The company's net worth Soared by an impressive increase of 17.97%.

Prasol Chemicals revenue growth over time
Prasol Chemicals profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3.25%
Revenue from Operations
3.82%
Total Assets
1.65%
Profit or Loss
-41.18%
Net Worth
17.97%
EBITDA
-34.89%

What is the Ownership and Shareholding Structure of Prasol Chemicals?

In 2023, Prasol Chemicals had a promoter holding of 28.44% and a public holding of 71.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹9,074,500,000.00

Satisfied Charges

₹3,236,350,000.00

Charges Breakdown by Lending Institutions

  • Others : 655.85 Cr
  • Hdfc Bank Limited : 144.60 Cr
  • Citi Bank N.A. : 56.50 Cr
  • Idbi Bank Limited : 50.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 May 2025Hdfc Bank Limited₹47.00 CrOpen
06 Oct 2023Hdfc Bank Limited₹17.60 CrOpen
14 Apr 2023Others₹70.00 CrOpen
01 Dec 2021Others₹454.10 CrOpen
20 Sep 2021Hdfc Bank Limited₹40.00 CrOpen

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How Many Employees Work at Prasol Chemicals?

Prasol Chemicals has a workforce of 534 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Prasol Chemicals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prasol Chemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prasol Chemicals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Prasol Chemicals

Recent Activity within the Organization

  • Annual General Meeting

    The activity Prasol Chemicals Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others of Rs. 454.10 Cr registered on 01 Dec 2021 with Charge ID 100551482 was modified on 28 Aug 2025. was completed.

  • Charges

    A charge with Idbi Bank Limited of Rs. 50.50 Cr registered on 16 Aug 2012 with Charge ID 10374685 was modified on 02 Aug 2025. was recorded as a recent event.

  • Director Appointment

    The activity Rakesh Shivaji Jadhav was appointed as a Whole-time director was appointed as a Whole-time director on 18 Jun 2025 & has been associated with this company since 5 months 16 days . was completed.

  • Director Appointment

    Progress on Narayanan Pulukhool Nair was appointed as a Additional Director was appointed as a Additional Director on 18 Jun 2025 & has been associated with this company since 5 months 16 days . was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 47.00 Cr with Charge ID 101109364 was registered on 27 May 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Prasol Chemicals Limited?

    The CIN of Prasol Chemicals Limited is U99999MH1992PLC065026.

  • Where is Prasol Chemicals Limited headquartered?

    Prasol Chemicals Limited is headquartered at Prasol House, Plot No A - 17/2/3, T. T. C. Industrial Area, Khairne M.I.D., C., Navi Mumbai, Maharashtra, 400710.

  • When was Prasol Chemicals Limited incorporated?

    Prasol Chemicals Limited was incorporated on 24 January 1992.

  • Who are the current directors of Prasol Chemicals Limited?

    The current directors of Prasol Chemicals Limited are

  • What is the primary industry of Prasol Chemicals Limited?

    The primary industry of Prasol Chemicals Limited is Manufacturing.

  • Is Prasol Chemicals Limited a listed company?

    Prasol Chemicals Limited is unlisted.

  • What is the capital structure of Prasol Chemicals Limited?

    The authorized capital of Prasol Chemicals Limited is ₹38.00 Cr, and the paid-up capital is ₹11.60 Cr.

  • What is the compliance status of Prasol Chemicals Limited?

    The compliance status of Prasol Chemicals Limited is Compliant.

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