Primo Chemicals Limited - Company Profile

It is a chemicals and materials public limited company based in Chandigarh, Chandigarh, India, established in 1975.
1975 Chandigarh, Chandigarh, India Active
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About Primo Chemicals Limited

Primo Chemicals Limited, a active public limited company, was established on 01 December 1975 in Chandigarh, Chandigarh, India. Engaging in organic chemicals & compounds within the manufacturing sector, it holds CIN: L24119CH1975PLC003607. Registered under ROC Roc Chandigarh. it is listed on BSE: 506852. It has an authorized capital of ₹70.00 Cr and a paid-up capital of ₹48.47 Cr.

Formerly known as Punjab Alkalies Ltd. It upholds a compliant status. In 2024, it reported revenue of ₹416.40 Cr and a net worth of ₹380.60 Cr. Employing 442 professional, Its leadership includes Tilak Raj Bajalia (Director), Kuldip Singh Suhag (Director), Ashok Goyal (Director). Past directors included Anurag Verma, Tilak Raj Bajalia, Alok Shekhar. It holds ₹233.17 Cr open charges and ₹282.14 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at Bay No. 46-50,, Sector 31 - A, Chandigarh, Chandigarh, Chandigarh, 160030.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L24119CH1975PLC003607

  • Registration Number

    003607

  • Incorporation Date

    01 December 1975

  • Authorized Capital

    ₹70.00 Cr

  • Paid-Up Capital

    ₹48.47 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 506852)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 70.00 Cr
  • Paid Up Capital ₹ 48.47 Cr
  • Company Age 50 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 233.17 Cr
  • Satisfied Charges ₹ 282.14 Cr
  • Revenue Growth **** -43.23%
  • Profit Growth **** -119.30%
  • Ebitda **** -96.40%
  • Net Worth -6.39%
  • Total Assets -2.46%
Company report

Primo Chemicals Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Primo 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 Primo Chemicals Limited?
Current Directors
Name Designation Appointment Date Status
Tilak Raj Bajalia Director 26 Oct 2020 Current
Kuldip Singh Suhag Director 26 Oct 2020 Current
Ashok Goyal Director 26 Oct 2020 Current
Jatin Dahiya Whole-Time Director 20 Oct 2020 Current
Naveen Chopra Managing Director 29 Oct 2020 Current
Jagbir Singh Ahlawat Director 20 Oct 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 29 Jul 2008 Past
Pramod Abcsdd Additional Director 01 Dec 2020 Past
Pramod Abcsdd Nominee Director 20 Oct 2020 Past
Pramod Abcsdd Nominee Director 16 Aug 2010 Past
Pramod Abcsdd Nominee Director 07 May 2007 Past
Pramod Abcsdd Nominee Director 16 Feb 2016 Past

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Financial Performance of Primo Chemicals.

Primo Chemicals Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 43.23% decrease. The company also saw a substantial fall in profitability, with a 119.3% decrease in profit. The company's net worth dipped by a decrease of 6.39%.

Primo Chemicals revenue growth over time
Primo 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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 -43.23%
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Revenue from Operations
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 -43.88%
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Total Assets
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 -2.46%
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Profit or Loss
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 -119.30%
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Net Worth
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 -6.39%
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EBITDA
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 -96.40%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Primo Chemicals?

In 2024, Primo Chemicals had a promoter holding of 31.35% and a public holding of 68.65%. The company had 1 Associate company. 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

₹2,331,665,657.00

Satisfied Charges

₹2,821,444,925.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 156.50 Cr
  • Axis Bank Limited : 54.87 Cr
  • Others : 21.79 Cr
Latest Charge Details
Date Lender Amount Status
31 Jul 2025 Axis Bank Limited ₹54.87 Cr Open
26 Jun 2025 Hdfc Bank Limited ₹22.00 Cr Open
09 Oct 2024 Hdfc Bank Limited ₹2.00 Cr Open
01 Mar 2023 Hdfc Bank Limited ₹25.00 Cr Open
28 Dec 2022 Hdfc Bank Limited ₹57.50 Cr Open

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How Many Employees Work at Primo Chemicals?

Primo Chemicals has a workforce of 442 employees as of Sep 24, 2025. 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 Primo 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 Primo 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 Primo Chemicals
Recent Activity within the Organization
  • Director Appointment

    Progress on Dipti Jain was appointed as a Additional Director was appointed as a Additional Director on 14 Nov 2025 & has been associated with this company since 3 months 3 days . was documented.

  • Charges

    The activity A charge registered on 03 Sep 2021 via Charge ID 100478122 with Others was fully satisfied on 31 Oct 2025. was completed.

  • Charges

    A charge registered on 12 Jun 2023 via Charge ID 100739165 with Others was fully satisfied on 26 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 20.00 Cr registered on 08 Jun 2021 with Charge ID 100456366 was modified on 07 Aug 2025. was completed.

  • Charges

    The activity A charge registered on 12 Jun 2023 via Charge ID 100739122 with Others was fully satisfied on 01 Aug 2025. was completed.

  • Charges

    The activity A charge with Axis Bank Limited amounted to Rs. 54.87 Cr with Charge ID 101160560 was registered on 31 Jul 2025. was completed.

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Frequently Asked Questions
What is the CIN of Primo Chemicals Limited?

The CIN of Primo Chemicals Limited is L24119CH1975PLC003607.

Where is Primo Chemicals Limited headquartered?

Primo Chemicals Limited is headquartered at Bay No. 46-50,, Sector 31 - A, Chandigarh, Chandigarh, Chandigarh, 160030.

When was Primo Chemicals Limited incorporated?

Primo Chemicals Limited was incorporated on 01 December 1975.

Who are the current directors of Primo Chemicals Limited?

The current directors of Primo Chemicals Limited are

What is the primary industry of Primo Chemicals Limited?

The primary industry of Primo Chemicals Limited is Manufacturing.

Is Primo Chemicals Limited a listed company?

Primo Chemicals Limited is listed. It is listed on BSE: 506852.

What is the capital structure of Primo Chemicals Limited?

The authorized capital of Primo Chemicals Limited is ₹70.00 Cr, and the paid-up capital is ₹48.47 Cr.

What is the compliance status of Primo Chemicals Limited?

The compliance status of Primo Chemicals Limited is Compliant.

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