Algol Chemicals India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.53 M
- Company Age 28 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.01 M
- Satisfied Charges ₹ 11.00 Cr
- Revenue Growth 4.72%
- Profit Growth -24.18%
- Ebitda -12.25%
- Net Worth 42.12%
- Total Assets 8.47%
About Algol Chemicals India
Algol Chemicals India Private Limited (ACIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 August 1996 and has a history of 28 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Brajeshwar Investrade 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 1.00 Cr and a paid-up capital of Rs 2.53 M.
The company currently has active open charges totaling ₹2.01 M. The company has closed loans amounting to ₹11.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sudhir Gupta and Pulok Roy 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
U67120MH1996PTC101720
- Company No.
101720
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Aug 1996
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
What products or services does Algol Chemicals India Private Limited offer?
Algol Chemicals India Private Limited offers a wide range of products and services, including Dyes & Color Additives, Pigment Extenders, Chemical Reagents & Catalysts, Iron Oxide, Organic and Inorganic Solvents, Alcohol Solvents, Carboxylate Esters, Rubber & Rubber Products, Rubber Powder, Solvent Ether.
Algol Chemicals India Private Limited
Explore comprehensive data for Algol Chemicals India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Algol Chemicals India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudhir Gupta  | Director | 21-Jun-2021 | Current |
| Pulok Roy | Director | 01-Mar-2019 | Current |
Financial Performance of Algol Chemicals India.
Algol Chemicals India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.72% increase. The company also saw a substantial fall in profitability, with a 24.18% decrease in profit. The company's net worth Soared by an impressive increase of 42.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Algol Chemicals India?
In 2023, Algol Chemicals 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.
Related Corporates (Common Directorship)
Magsort India Private LimitedSudhir Gupta is a mutual person
- U-Mei Electronics Private Limited
Sudhir Gupta is a mutual person
Charges (Loans)
Open Charges
₹0.20 Cr
Satisfied Charges
₹11.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2023 | Hdfc Bank Limited | ₹2.01 M | Open |
| 21 Jun 2006 | Bank Of India | ₹11.00 Cr | Satisfied |
How Many Employees Work at Algol Chemicals India?
Algol Chemicals India has a workforce of 43 employees as of Mar 29, 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 Algol 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 Algol Chemicals India'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 Algol Chemicals India
Recent activity within the organization
- Annual General Meeting
Algol Chemicals India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100736583 was registered on 08 Jun 2023.
- Balance Sheet
Algol Chemicals India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Director Appointment
Sudhir Gupta was appointed as a Director was appointed as a Director on 21 Jun 2021 & has been associated with this company since 3 years 11 months .
- Director Appointment
Pulok Roy was appointed as a Director was appointed as a Director on 01 Mar 2019 & has been associated with this company since 6 years 2 months .
- Charges
A charge registered on 21 Jun 2006 via Charge ID 10010426 with Bank Of India was fully satisfied on 28 Jul 2017.
Frequently asked questions
What is the Incorporation or founding date of Algol Chemicals India Private Limited?
Algol Chemicals India Private Limited was incorporated on 08 Aug 1996.
What is authorized share capital and paid-up capital of Algol Chemicals India Private Limited?
The authorized share capital of Algol Chemicals India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.53 M.
Who are the current board members & directors of Algol Chemicals India Private Limited?
Currently 2 directors are associated with Algol Chemicals India Private Limited.
- Sudhir Gupta
- Pulok Roy
What is the registered address of Algol Chemicals India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Algol Chemicals India Private Limited is Flat No. 1603 'B' Wing Aster TowerVasant Valley Phase-Ii Film City Road Malad (E), Mumbai, Maharashtra, India, 400097.
What is the corporate identification number (CIN) and company number of Algol Chemicals India Private Limited?
The corporate identification number (CIN) of Algol Chemicals India Private Limited is U67120MH1996PTC101720 and the company number is 101720 as per Ministry of Corporate Affairs (MCA).
What is the official website of Algol Chemicals India Private Limited?
The Official website of Algol Chemicals India Private Limited is https://www.algolchemicals.com
What has been the recent revenue trend for Algol Chemicals India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Algol Chemicals India Private Limited has risen by 4.72%.
How many employees does Algol Chemicals India Private Limited currently have?
As Per 2023 financial reports, 43 employees are currently employed by Algol Chemicals India Private Limited.
What change has been observed in the net worth of Algol Chemicals India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Algol Chemicals India Private Limited has experienced an upsurge of 42.12%.
What are the total open charges for Algol Chemicals India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Algol Chemicals India Private Limited amount to ₹ 2.01 M.
When was the last Balance Sheet of Algol Chemicals India Private Limited filed with the ROC?
The most recent Balance Sheet for Algol Chemicals India Private Limited was filed with the ROC on 31 Mar 2023.
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