Able Oils And Agro Profile
Key Indicators
- Authorised Capital ₹ 3.50 Cr
- Paid Up Capital ₹ 3.28 Cr
- Company Age 8 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 21.27 Cr
- Satisfied Charges ₹ 9.10 Cr
- Revenue Growth -79.61%
- Profit Growth -4.90%
- Ebitda -1.27%
- Net Worth 41.30%
- Total Assets 7.92%
About Able Oils And Agro
Able Oils And Agro Private Limited (AOAAPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 July 2016 (Eight years and seven months 22 days old ). Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.28 Cr.
The company currently has active open charges totaling ₹21.27 Cr. The company has closed loans amounting to ₹9.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Suniti Sarsawadia, Nileshkumar Sarshavdiya, Mayank Bhalodia, and Two other members serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15142GJ2016PTC093018
- Company No.
093018
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jul 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Food and Beverages
Who are the key members and board of directors at Able Oils And Agro?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suniti Sarsawadia  | Director | 14-Sep-2017 | Current |
| Nileshkumar Sarshavdiya | Director | 30-Mar-2023 | Current |
| Mayank Bhalodia | Director | 30-Mar-2023 | Current |
| Bachubhai Patel | Director | 30-Mar-2023 | Current |
| Narotam Sarsawadia | Director | 20-Jul-2016 | Current |
Financial Performance of Able Oils And Agro.
Able Oils And Agro Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.61% decrease. The company also saw a slight decrease in profitability, with a 4.9% decrease in profit. The company's net worth Soared by an impressive increase of 41.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Able Oils And Agro?
In 2023, Able Oils And Agro had a promoter holding of 92.00% and a public holding of 8.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Coto Ceramic Private LimitedMayank Bhalodia and Bachubhai Patel are mutual person
Nyalkaran Absorbent Minerals Private LimitedNileshkumar Sarshavdiya is a mutual person
- Nar Narayan Dev Ayurved Private Limited
Nileshkumar Sarshavdiya is a mutual person
- Cuto Bathware Llp
Mayank Bhalodia is a mutual person
Charges (Loans)
Open Charges
₹21.27 Cr
Satisfied Charges
₹9.10 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 21.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Oct 2018 | Axis Bank Limited | ₹21.27 Cr | Open |
| 23 Feb 2018 | Sidbi | ₹9.10 Cr | Satisfied |
How Many Employees Work at Able Oils And Agro?
Unlock and access historical data on people associated with Able Oils And Agro, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Able Oils And Agro, 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 Able Oils And Agro's trajectory.
Rating
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
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 Able Oils And Agro
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 21.27 Cr registered on 20 Oct 2018 with Charge ID 100214975 was modified on 20 Dec 2024.
- Annual General Meeting
Able Oils And Agro Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Able Oils And Agro Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 23 Feb 2018 via Charge ID 100156753 with Sidbi was fully satisfied on 02 Jan 2024.
- Director Appointment
Nileshkumar Dhirajlal Sarshavdiya was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 11 months .
- Director Appointment
Mayank Devkaran Bhalodia was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 11 months .
Frequently asked questions
What is the Incorporation or founding date of Able Oils And Agro Private Limited?
Able Oils And Agro Private Limited was incorporated on 20 Jul 2016.
What is authorized share capital and paid-up capital of Able Oils And Agro Private Limited?
The authorized share capital of Able Oils And Agro Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.28 Cr.
Who are the current board members & directors of Able Oils And Agro Private Limited?
Currently 5 directors are associated with Able Oils And Agro Private Limited.
- Suniti Narotam Sarsawadia
- Nileshkumar Dhirajlal Sarshavdiya
- Mayank Devkaran Bhalodia
- Bachubhai Kuverji Patel
- Narotam Ravjibhai Sarsawadia
What is the registered address of Able Oils And Agro Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Able Oils And Agro Private Limited is Bhojpara 8A Nh Way Lunsar Road, India, Wankaner, Gujarat, 363621.
What is the corporate identification number (CIN) and company number of Able Oils And Agro Private Limited?
The corporate identification number (CIN) of Able Oils And Agro Private Limited is U15142GJ2016PTC093018 and the company number is 093018 as per Ministry of Corporate Affairs (MCA).
What is the official website of Able Oils And Agro Private Limited?
The Official website of Able Oils And Agro Private Limited is https://www.ableoils.com
What has been the recent revenue trend for Able Oils And Agro Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Able Oils And Agro Private Limited has fallen by -79.61%.
What change has been observed in the net worth of Able Oils And Agro Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Able Oils And Agro Private Limited has experienced an upsurge of 41.30%.
What are the total open charges for Able Oils And Agro Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Able Oils And Agro Private Limited amount to ₹ 21.27 Cr.
When was the last Balance Sheet of Able Oils And Agro Private Limited filed with the ROC?
The most recent Balance Sheet for Able Oils And Agro Private Limited was filed with the ROC on 31 Mar 2024.
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