Afton Chemical India Private Limited

Founded in 1995 and headquartered in Maharashtra, India.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 26, 2024

Afton Chemical India Profile

Key Indicators

  • Authorised Capital ₹ 15.15 Cr
  • Paid Up Capital ₹ 6.04 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.26 Cr
  • Revenue Growth 58.34%
  • Profit Growth 66.59%
  • Ebitda 28.92%
  • Net Worth 16.09%
  • Total Assets 44.24%

About Afton Chemical India

Afton Chemical India Private Limited (ACIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 1995 and has a history of 29 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Afton Chemical Hyderabad Private Limited. 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 15.15 Cr and a paid-up capital of Rs 6.04 M.

The company has closed loans amounting to ₹1.26 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Srinivasan Venkataraghavan, Thomas Poole, Lee Carter, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aftonchemical.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231TG1995PTC020052

  • Company No.

    020052

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Apr 1995

  • Date of AGM

    20 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Afton Chemical India?

Board Members (4)

NameDesignationAppointment DateStatus
Srinivasan Venkataraghavan Country flag representing In Nominee Director 12-Mar-2019Current
Thomas Poole Country flag representing Gb Nominee Director 28-Apr-2022Current
Lee Carter Nominee Director 19-Oct-2023Current
Shamooil Federal Nominee Director 12-Jun-2024Current

Financial Performance of Afton Chemical India.

Afton Chemical India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.34% increase. The company also saw a substantial improvement in profitability, with a 66.59% increase in profit. The company's net worth Soared by an impressive increase of 16.09%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
58.34%
Revenue from Operations
58.26%
Total Assets
44.24%
Profit or Loss
66.59%
Net Worth
16.09%
EBITDA
28.92%

What is the Ownership and Shareholding Structure of Afton Chemical India?

In 2023, Afton Chemical India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.26 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank : 1.19 Cr
  • Punjab National Bank : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2002Andhra Bank₹5.30 MSatisfied
05 Feb 2000Andhra Bank₹5.30 MSatisfied
04 Jan 1997Andhra Bank₹1.30 MSatisfied
18 Dec 1995Punjab National Bank₹0.70 MSatisfied

How Many Employees Work at Afton Chemical India?

Afton Chemical India has a workforce of 24 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Afton Chemical India, 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 Afton Chemical India'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.

Latest Updates, News, and FAQs on Afton Chemical India

Recent activity within the organization

  • Director Appointment

    Shamooil Shabbir Federal was appointed as a Nominee Director was appointed as a Nominee Director on 12 Jun 2024 & has been associated with this company since 8 months 10 days .

    12 Jun 2024

  • Director Appointment

    Lee Anthony Carter was appointed as a Nominee Director was appointed as a Nominee Director on 19 Oct 2023 & has been associated with this company since 1 year 4 months .

    19 Oct 2023

  • Annual General Meeting

    Afton Chemical India Private Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.

    20 Sep 2023

  • Balance Sheet

    Afton Chemical India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Thomas Poole was appointed as a Nominee Director was appointed as a Nominee Director on 28 Apr 2022 & has been associated with this company since 2 years 9 months .

    28 Apr 2022

  • Director Appointment

    Srinivasan Venkataraghavan was appointed as a Nominee Director was appointed as a Nominee Director on 12 Mar 2019 & has been associated with this company since 5 years 11 months .

    12 Mar 2019

Frequently asked questions

  • Afton Chemical India Private Limited was incorporated on 19 Apr 1995.

  • The authorized share capital of Afton Chemical India Private Limited is ₹ 15.15 Cr and paid-up capital is ₹ 6.04 M.

  • Currently 4 directors are associated with Afton Chemical India Private Limited.

    • Srinivasan Venkataraghavan
    • Thomas Poole
    • Lee Anthony Carter
    • Shamooil Shabbir Federal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Afton Chemical India Private Limited is LotuscorporateparkaWingunit701/702GrahamfirthsteelcompoundWesternexpresshi, Ghway, Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Afton Chemical India Private Limited is U24231TG1995PTC020052 and the company number is 020052 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Afton Chemical India Private Limited is https://www.aftonchemical.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Afton Chemical India Private Limited has risen by 58.34%.

  • As Per 2023 financial reports, 24 employees are currently employed by Afton Chemical India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Afton Chemical India Private Limited has experienced an upsurge of 16.09%.

  • The most recent Balance Sheet for Afton Chemical India Private Limited was filed with the ROC on 31 Mar 2023.

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