Algol Chemicals India Private Limited

Chemical trading company supplying a wide range of products to various industries.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Algol Chemicals India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 2.53 M
  • Company Age 28 Year, 6 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 six 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

    algolchemicals.com

  • 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.

Who are the key members and board of directors at Algol Chemicals India?

Board Members (2)

NameDesignationAppointment DateStatus
Sudhir Gupta Country flag representing In Director 21-Jun-2021Current
Pulok Roy Country flag representing In Director 01-Mar-2019Current

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%.

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
4.72%
Revenue from Operations
4.43%
Total Assets
8.47%
Profit or Loss
-24.18%
Net Worth
42.12%
EBITDA
-12.25%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
08 Jun 2023Hdfc Bank Limited₹2.01 MOpen
21 Jun 2006Bank Of India₹11.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    29 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100736583 was registered on 08 Jun 2023.

    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.

    31 Mar 2023

  • 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 7 months .

    21 Jun 2021

  • 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 5 years 11 months .

    01 Mar 2019

  • Charges

    A charge registered on 21 Jun 2006 via Charge ID 10010426 with Bank Of India was fully satisfied on 28 Jul 2017.

    28 Jul 2017

Frequently asked questions

  • Algol Chemicals India Private Limited was incorporated on 08 Aug 1996.

  • The authorized share capital of Algol Chemicals India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 2.53 M.

  • Currently 2 directors are associated with Algol Chemicals India Private Limited.

    • Sudhir Gupta
    • Pulok Roy
  • 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.

  • 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).

  • The Official website of Algol Chemicals India Private Limited is https://www.algolchemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Algol Chemicals India Private Limited has risen by 4.72%.

  • As Per 2023 financial reports, 43 employees are currently employed by Algol Chemicals India Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Algol Chemicals India Private Limited amount to ₹ 2.01 M.

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

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