Akshit Petrochem Private Limited

Trading and exporting industrial chemicals, PVC, polymers, rubber chemicals, and allied goods since 2010.

2010 | Delhi (India) | Active
Last Updated: October 23, 2024

Akshit Petrochem Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.62 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 53.80 Cr
  • Satisfied Charges ₹ 25.10 Cr
  • Revenue Growth -12.51%
  • Profit Growth -43.08%
  • Ebitda -86.38%
  • Net Worth 20.10%
  • Total Assets -17.28%

About Akshit Petrochem

Akshit Petrochem Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 February 2010 and has a history of 14 years and 11 months. Its registered office is in Delhi, India.

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 5.00 M and a paid-up capital of Rs 4.62 M.

The company currently has active open charges totaling ₹53.80 Cr. The company has closed loans amounting to ₹25.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anshu Aggarwal and Vivek Shankar serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909DL2010PTC199111

  • Company No.

    199111

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials

Who are the key members and board of directors at Akshit Petrochem?

Board Members (2)

Name Designation Appointment Date Status
Anshu Aggarwal Country flag representing In Director 15-Feb-2010 Current
Vivek Shankar Country flag representing In Director 15-Feb-2010 Current

Financial Performance of Akshit Petrochem.

Akshit Petrochem Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.51% decrease. The company also saw a substantial fall in profitability, with a 43.08% decrease in profit. The company's net worth Soared by an impressive increase of 20.1%.

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
-12.51%
Revenue from Operations
-13.63%
Total Assets
-17.28%
Profit or Loss
-43.08%
Net Worth
20.10%
EBITDA
-86.38%

What is the Ownership and Shareholding Structure of Akshit Petrochem?

In 2023, Akshit Petrochem had a promoter holding of 51.48% and a public holding of 48.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹537.97 M

Satisfied Charges

₹251.00 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 43.00 Cr
  • State Bank Of Mysore : 10.00 Cr
  • Bank Of India : 0.70 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
14 Feb 2024 Bank Of India ₹6.97 M Open
05 Aug 2021 Hdfc Bank Limited ₹1.00 M Open
16 Oct 2014 Yes Bank Limited ₹43.00 Cr Open
07 Dec 2011 State Bank Of Mysore ₹10.00 Cr Open
13 Jul 2020 Hdfc Bank Limited ₹25.00 Cr Satisfied

How Many Employees Work at Akshit Petrochem?

Unlock and access historical data on people associated with Akshit Petrochem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akshit Petrochem, 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 Akshit Petrochem'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 Akshit Petrochem

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 6.97 M with Charge ID 100929959 was registered on 14 Feb 2024.

    14 Feb 2024

  • Annual General Meeting

    Akshit Petrochem Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Akshit Petrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 13 Jul 2020 via Charge ID 100373783 with Hdfc Bank Limited was fully satisfied on 27 May 2022.

    27 May 2022

  • Charges

    A charge with Yes Bank Limited of Rs. 430.00 M registered on 16 Oct 2014 with Charge ID 10526698 was modified on 28 Jan 2022.

    28 Jan 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100482460 was registered on 05 Aug 2021.

    05 Aug 2021

Frequently asked questions

  • Akshit Petrochem Private Limited was incorporated on 15 Feb 2010.

  • The authorized share capital of Akshit Petrochem Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.62 M.

  • Currently 2 directors are associated with Akshit Petrochem Private Limited.

    • Anshu Aggarwal
    • Vivek Shankar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshit Petrochem Private Limited is 812 Best Sky Tower Netaji Subhash Place, India, Delhi, 110034.

  • The corporate identification number (CIN) of Akshit Petrochem Private Limited is U51909DL2010PTC199111 and the company number is 199111 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akshit Petrochem Private Limited has fallen by -12.51%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akshit Petrochem Private Limited has experienced an upsurge of 20.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akshit Petrochem Private Limited amount to ₹ 53.80 Cr.

  • The most recent Balance Sheet for Akshit Petrochem Private Limited was filed with the ROC on 31 Mar 2023.