Akson Oiltech Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 8 Year, 27 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.89 M
- Revenue Growth -68.36%
- Profit Growth -98.66%
- Ebitda -78.07%
- Net Worth 2.37%
- Total Assets -22.27%
About Akson Oiltech
Akson Oiltech Private Limited (AOPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 February 2017 (Eight years 27 days old ). Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹2.89 M.
Kailashnarain Agarwal, Harsh Agarwal, and Kuldeep Ravt 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
U24299MH2017PTC291048
- Company No.
291048
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
What products or services does Akson Oiltech Private Limited offer?
Akson Oiltech Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Automotive Oils, Cosmetics, Hair & Beauty Products, Cosmetic Chemical, Machine Oils, Industrial Solvents, Mix Solvent, Inorganic Salts, Calcium Carbonate Powder, Lubricating Oil.
Who are the key members and board of directors at Akson Oiltech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kailashnarain Agarwal  | Director | 15-Dec-2023 | Current |
| Harsh Agarwal | Director | 10-Feb-2017 | Current |
| Kuldeep Ravt | Additional Director | 24-Jan-2025 | Current |
Financial Performance of Akson Oiltech.
Akson Oiltech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 68.36% decrease. The company also saw a substantial fall in profitability, with a 98.66% decrease in profit. The company's net worth moved up by a moderate rise of 2.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Akson Oiltech?
In 2023, Akson Oiltech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹2.89 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 0.18 Cr
- Hdfc Bank Limited : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2024 | Others | ₹1.79 M | Open |
| 11 Aug 2021 | Hdfc Bank Limited | ₹1.10 M | Open |
How Many Employees Work at Akson Oiltech?
Unlock and access historical data on people associated with Akson Oiltech, 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 Akson Oiltech, 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 Akson Oiltech'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 Akson Oiltech
Recent activity within the organization
- Director Appointment
Kuldeep Kumar Ravt was appointed as a Additional Director was appointed as a Additional Director on 24 Jan 2025 & has been associated with this company since 1 month 13 days .
- Annual General Meeting
Akson Oiltech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Akson Oiltech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 1.79 M with Charge ID 100910152 was registered on 21 Mar 2024.
- Director Appointment
Kailashnarain Agarwal was appointed as a Director was appointed as a Director on 15 Dec 2023 & has been associated with this company since 1 year 2 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.10 M with Charge ID 100483241 was registered on 11 Aug 2021.
Frequently asked questions
What is the Incorporation or founding date of Akson Oiltech Private Limited?
Akson Oiltech Private Limited was incorporated on 10 Feb 2017.
What is authorized share capital and paid-up capital of Akson Oiltech Private Limited?
The authorized share capital of Akson Oiltech Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Akson Oiltech Private Limited?
Currently 3 directors are associated with Akson Oiltech Private Limited.
- Kailashnarain Agarwal
- Harsh Kailashnarain Agarwal
- Kuldeep Kumar Ravt
What is the registered address of Akson Oiltech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akson Oiltech Private Limited is 2Nd Floor Plot 119 Manjulabai Jethabai Building Dadi Seth Agairy Lane Chirabazar, Kalba Devi India, Mumbai, Maharashtra, 400002.
What is the corporate identification number (CIN) and company number of Akson Oiltech Private Limited?
The corporate identification number (CIN) of Akson Oiltech Private Limited is U24299MH2017PTC291048 and the company number is 291048 as per Ministry of Corporate Affairs (MCA).
What is the official website of Akson Oiltech Private Limited?
The Official website of Akson Oiltech Private Limited is https://www.aksonoil.com
What has been the recent revenue trend for Akson Oiltech Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Akson Oiltech Private Limited has fallen by -68.36%.
What change has been observed in the net worth of Akson Oiltech Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Akson Oiltech Private Limited has experienced an upsurge of 2.37%.
What are the total open charges for Akson Oiltech Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Akson Oiltech Private Limited amount to ₹ 2.89 M.
When was the last Balance Sheet of Akson Oiltech Private Limited filed with the ROC?
The most recent Balance Sheet for Akson Oiltech Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
PA
Pinky AgarwalDirectorRV
Ramsajivan VishwakarmaDirector
Similar Companies Based on Petrochemicals & Derivatives
Hpcl-Mittal Energy Limited Bathinda, Punjab, India
Castrol India Limited Mumbai, Maharashtra, India
Mangalore Refinery And Petrochemicals Limited Dakshina Kannada, Karnataka, India
Supreme Petrochem Limited Mumbai, Maharashtra, India
Shell India Markets Private Limited Kanchipuram, Tamil Nadu, India
Hindustan Petroleum Corporation Limited Mumbai, Maharashtra, India
Haldia Petrochemicals Limited 24 Parganas, West Bengal, India
Apar Industries Limited Vadodara, Gujarat, India