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
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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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 38.00 Cr
  • Paid Up Capital ₹ 11.60 Cr
  • Company Age 34 Year, 27 Days
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Gaurang Natwarlal Parikh Managing Director 08 Aug 2011 Current
Rakesh Shivaji Jadhav Whole-Time Director 17 Sep 2025 Current
Ramakrishnan Gopalkrishnan Director 01 Mar 2022 Current
Nishith Shah Rajnikant Whole-Time Director 30 Jul 2015 Current
Lakshmi Kantam Mannepalli Director 01 Mar 2022 Current
Pankil Nishith Dharia Whole-Time Director 30 Jul 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 12 Aug 2021 Past
Pramod Abcsdd Whole-Time Director 01 Jun 2008 Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past
Pramod Abcsdd Director 12 Aug 2017 Past
Pramod Abcsdd Additional Director 18 Jun 2025 Past
Pramod Abcsdd Additional Director 30 Jul 2015 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 3.25%
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Revenue from Operations
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 3.82%
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Total Assets
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 1.65%
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Profit or Loss
*******
 -41.18%
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Net Worth
*******
 17.97%
*******
*******
*******
*******
EBITDA
*******
 -34.89%
*******
*******
*******
*******

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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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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
Date Lender Amount Status
27 May 2025 Hdfc Bank Limited ₹47.00 Cr Open
06 Oct 2023 Hdfc Bank Limited ₹17.60 Cr Open
14 Apr 2023 Others ₹70.00 Cr Open
01 Dec 2021 Others ₹454.10 Cr Open
20 Sep 2021 Hdfc Bank Limited ₹40.00 Cr Open

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

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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.

  • Director Appointment

    Progress on Rakesh Shivaji Jadhav was appointed as a Whole-time director was appointed as a Whole-time director on 17 Sep 2025 & has been associated with this company since 5 months 4 days . was documented.

  • Charges

    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 recorded as a recent event.

  • Charges

    The activity 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 completed.

  • Director Appointment

    Progress on Narayanan Pulukhool Nair was appointed as a Director was appointed as a Director on 18 Jun 2025 & has been associated with this company since 8 months 3 days . was documented.

  • Charges

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

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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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