Proxima West Private Limited
About Proxima West Private Limited
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Proxima West Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 13 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2007PTC169511.
The company has an authorised share capital of ₹1.57 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Puja Chemical Private Limited. It is led by directors Dharmesh Harishkumar Jariwala and Nilisha Pragnesh Jariwala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.48 Lakh (net margin 14.6%) and EBITDA of ₹3.25 Lakh (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 268% over three years and 126% over five years.
As per MCA filings, the company has satisfied charges of ₹242.05 Cr on record. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.27 Cr; the latest was in July 2021.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Proxima West has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110GJ2007PTC169511, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2007PTC169511 | Current |
| U24233WB2007PTC118592 | Previous |
| U74110WB2007PTC118592 | Previous |
Contact details
Proxima West Private Limited's registered office is in Surat, Gujarat.
- Registered AddressH. No. 6/1183 Gr Floor 1st Floor, Dalia Sheri Mahidharpura, Surat, Gujarat, India – 395003
- IndustryChemicals and Materials, Chemical Distribution & Retail
- 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 Proxima West Private Limited
FY 2025 filings availableProxima West Private Limited reported revenue of ₹16.97 Lakh (up 7463% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 126% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.97 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.48 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | 14.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Proxima West Private Limited, buy the company report.
Board of directors of Proxima West Private Limited
Proxima West has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Harishkumar Jariwala | Director | 23 Dec 2022 | 3 Years 10 Months | Current |
| Nilisha Pragnesh Jariwala | Director | 07 Apr 2010 | 16 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2012 | 10350991 | Bank of Baroda | ₹242.05 Cr | Satisfied |
To see the full charge records of Proxima West Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Proxima West Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.27 Cr; the latest was in July 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Funding round | ₹3.46 Cr | Investors: Simplex Vinimay Private Limited , an individual |
| Mar 2008 | Funding round | ₹25.81 Cr | Investors: Puneet Oils And Chemical Private Limited, Tanish Truck Terminal Private Limited , Fastner Merchantile Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Proxima West 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 Proxima West Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Proxima West Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Proxima West Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Dharmesh Harishkumar Jariwala ceased to be Additional Director on 31 Dec 2022.
1 earlier event is in the company report.
Frequently asked questions
Proxima West is an active private limited company based in Surat, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 13 September 2007 (19+ years old) and is registered under CIN U74110GJ2007PTC169511.
Proxima West has 2 current directors:
- Dharmesh Harishkumar Jariwala - Director
- Nilisha Pragnesh Jariwala - Director
The latest financial statements of Proxima West on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Proxima West is U74110GJ2007PTC169511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proxima West was incorporated on 13 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Proxima West has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹29.27 Cr; the latest was in July 2021.
Dharmesh Harishkumar Jariwala ceased to be Additional Director on 31 Dec 2022. Sheelaben Ishwarlal Jariwala ceased to be Director on 26 Dec 2022. Dharmesh Harishkumar Jariwala was appointed as Director on 23 Dec 2022. Proxima West has 8 board changes on record in total.
The registered office of Proxima West is at H. No. 61183 Gr Floor 1st Floor, Dalia Sheri Mahidharpura, Surat, Gujarat, India – 395003.
Proxima West operates in the chemicals and materials industry, in the chemical distribution and retail segment.
Proxima West has no open charges and satisfied charges of ₹242.05 Cr as per latest MCA filings.