Advance Petrochemicals Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 39 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.90 Cr
- Satisfied Charges ₹ 1.30 Cr
- Revenue Growth 32.67%
- Profit Growth 219.34%
- Ebitda 90.37%
- Net Worth 36.68%
- Total Assets 1.72%
About Advance Petrochemicals
Advance Petrochemicals Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 August 1985 and has a history of 39 years and six months. Its registered office is in Ahmedabad, Gujarat.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506947.
The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 9.00 M.
The company currently has active open charges totaling ₹10.90 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Advance Petrochemicals Limited India are Natraj Arli as CFO and Mohit Asawa as Company Secretary. Arvind Goenka, Pulkit Goenka, Nirish Parikh, and Three other members serve as directors at the Company.
Company Details
- Location Ahmedabad, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L23200GJ1985PLC008013
- Company No.
008013
- Stock Symbol
BSE : 506947
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Aug 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Chemicals and Materials
What products or services does Advance Petrochemicals Limited offer?
Advance Petrochemicals Limited offers a wide range of products and services, including Essential & Aromatic Oils, Carrier Oil, Organic and Inorganic Solvents, Alcohol Solvents, Industrial Chemicals & Supplies, Emulsifiers, Organic Compounds, Methyl Cellosolve, 2 Butoxyethanol, Butyl Carbitol.
Who are the key members and board of directors at Advance Petrochemicals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pulkit Goenka  | Managing Director | 25-Oct-2019 | Current |
| Natraj Arli | CFO | 31-Mar-2015 | Current |
| Mohit Asawa | Company Secretary | 07-Aug-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arvind Goenka | Director | 20-Nov-1997 | Current |
| Nirish Parikh | Director | 12-May-2011 | Current |
| Aanchal Goenka | Director | 31-Mar-2015 | Current |
| Akshat Shukla | Director | 27-Mar-2021 | Current |
| Palak Relia | Director | 19-Jul-2021 | Current |
Financial Performance of Advance Petrochemicals.
Advance Petrochemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.67% increase. The company also saw a substantial improvement in profitability, with a 219.34% increase in profit. The company's net worth Soared by an impressive increase of 36.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advance Petrochemicals?
In 2022, Advance Petrochemicals had a promoter holding of 50.09% and a public holding of 49.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Advance Multitech LimitedArvind Goenka and Aanchal Goenka are mutual person
Kashi Welfab Private LimitedPulkit Goenka is a mutual person
- Macro Span Llp
Nirish Parikh is a mutual person
- Symcon Industries Private Limited
Akshat Shukla is a mutual person
- Exotic Badges Private Limited
Akshat Shukla is a mutual person
Charges (Loans)
Open Charges
₹10.90 Cr
Satisfied Charges
₹1.30 Cr
Charges Breakdown by Lending Institutions
- Others : 10.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Dec 2023 | Others | ₹2.98 Cr | Open |
| 09 Nov 2022 | Others | ₹1.50 M | Open |
| 28 Dec 2021 | Others | ₹4.99 M | Open |
| 20 Jun 2020 | Others | ₹9.71 M | Open |
| 02 Jul 2012 | Others | ₹6.30 Cr | Open |
How Many Employees Work at Advance Petrochemicals?
Advance Petrochemicals has a workforce of 32 employees as of Mar 23, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advance Petrochemicals, 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 Advance Petrochemicals'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.
