Akola Chemicals (India) Private Limited

Produces protein products for nutrition and health supplements.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated:

Akola Chemicals (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.00 M
  • Company Age 44 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.73 Cr
  • Satisfied Charges ₹ 5.39 Cr
  • Revenue Growth 16.02%
  • Profit Growth 253.58%
  • Ebitda 62.70%
  • Net Worth 2.05%
  • Total Assets 0.48%

About Akola Chemicals (India)

Akola Chemicals (India) Private Limited (ACIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 February 1981 and has a history of 44 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Akola Chemicals (India) Limited. The Company is engaged in the Agriculture 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 1.00 Cr and a paid-up capital of Rs 7.00 M.

The company currently has active open charges totaling ₹4.73 Cr. The company has closed loans amounting to ₹5.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mansi Poddar, Priyanka Rai, Atul Churiwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100MH1981PTC023801

  • Company No.

    023801

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1981

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

What products or services does Akola Chemicals (India) Private Limited offer?

Akola Chemicals (India) Private Limited offers a wide range of products and services, including Nutraceuticals & Dietary Supplements, Protein Powder, Weight Gain Nutrition, Soy Protein, Citrus Fruits, Amla, Milk & Dairy Products, Milk Proteins, Almond, Almond Nuts.

Who are the key members and board of directors at Akola Chemicals (India)?

Board Members (6)

NameDesignationAppointment DateStatus
Atul Churiwal Country flag representing In Director 14-Mar-2005Current
Mansi Poddar Country flag representing In Director 14-Jun-2022Current
Priyanka Rai Country flag representing In Director 29-Mar-2006Current
Rajesh Agarwal Country flag representing In Director 14-Mar-2005Current
Rajesh Kulkarni Country flag representing In Director 01-Feb-2023Current
Karan Rai Country flag representing In Director 15-Mar-2011Current

Financial Performance of Akola Chemicals (India).

Akola Chemicals (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.02% increase. The company also saw a substantial improvement in profitability, with a 253.58% increase in profit. The company's net worth moved up by a moderate rise of 2.05%.

Akola Chemicals (India) revenue growth over time
Akola Chemicals (India) 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
16.02%
Revenue from Operations
16.60%
Total Assets
0.48%
Profit or Loss
253.58%
Net Worth
2.05%
EBITDA
62.70%

What is the Ownership and Shareholding Structure of Akola Chemicals (India)?

In 2023, Akola Chemicals (India) had a promoter holding of 46.43% and a public holding of 53.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.73 Cr

Satisfied Charges

₹5.39 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.73 Cr

Latest Charge Details

DateLenderAmountStatus
20 Feb 2008State Bank Of India₹4.73 CrOpen
23 Jun 1995Deutsche Bank₹2.50 CrSatisfied
19 May 1995Vijaya Bank₹0.20 MSatisfied
03 Jan 1995Banque Indosuez₹9.00 MSatisfied
05 Oct 1993Banque Indosuez₹9.00 MSatisfied

How Many Employees Work at Akola Chemicals (India)?

Akola Chemicals (India) has a workforce of 31 employees as of Mar 31, 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.

Employee growth trends for Akola Chemicals (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akola Chemicals (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 Akola Chemicals (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 Akola Chemicals (India)

Recent activity within the organization

  • Annual General Meeting

    Akola Chemicals (India) Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Akola Chemicals (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Mansi Ravi Poddar was appointed as a Director was appointed as a Director on 14 Jun 2022 & has been associated with this company since 2 years 9 months .

  • Charges

    A charge with State Bank Of India of Rs. 4.73 Cr registered on 20 Feb 2008 with Charge ID 10092450 was modified on 21 Dec 2021.

  • Director Appointment

    Karan Vijay Rai was appointed as a Director was appointed as a Director on 15 Mar 2011 & has been associated with this company since 14 years 13 days .

  • Charges

    A charge registered on 19 May 1995 via Charge ID 90219012 with Vijaya Bank was fully satisfied on 26 Mar 2008.

Frequently asked questions

  • What is the Incorporation or founding date of Akola Chemicals (India) Private Limited?

    Akola Chemicals (India) Private Limited was incorporated on 03 Feb 1981.

  • What is authorized share capital and paid-up capital of Akola Chemicals (India) Private Limited?

    The authorized share capital of Akola Chemicals (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.00 M.

  • Who are the current board members & directors of Akola Chemicals (India) Private Limited?

    Currently 6 directors are associated with Akola Chemicals (India) Private Limited.

    • Mansi Ravi Poddar
    • Priyanka Rai
    • Atul Churiwal
    • Rajesh Kumar Agarwal
    • Rajesh Ramakant Kulkarni
    • Karan Vijay Rai

  • What is the registered address of Akola Chemicals (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akola Chemicals (India) Private Limited is 207, New Bake House 12 Mcc Lane India, Mumbai, Maharashtra, 400001.

  • What is the corporate identification number (CIN) and company number of Akola Chemicals (India) Private Limited?

    The corporate identification number (CIN) of Akola Chemicals (India) Private Limited is U24100MH1981PTC023801 and the company number is 023801 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akola Chemicals (India) Private Limited?

    The Official website of Akola Chemicals (India) Private Limited is https://www.akolachemicals.com

  • What has been the recent revenue trend for Akola Chemicals (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Akola Chemicals (India) Private Limited has risen by 16.02%.

  • How many employees does Akola Chemicals (India) Private Limited currently have?

    As Per 2023 financial reports, 31 employees are currently employed by Akola Chemicals (India) Private Limited.

  • What change has been observed in the net worth of Akola Chemicals (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Akola Chemicals (India) Private Limited has experienced an upsurge of 2.05%.

  • What are the total open charges for Akola Chemicals (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Akola Chemicals (India) Private Limited amount to ₹ 4.73 Cr.

  • When was the last Balance Sheet of Akola Chemicals (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Akola Chemicals (India) Private Limited was filed with the ROC on 31 Mar 2024.

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