Amal Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 12.36 Cr
- Company Age 50 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.50 Cr
- Satisfied Charges ₹ 83.99 Cr
- Revenue Growth -4.65%
- Profit Growth -69.97%
- Ebitda -104.68%
- Net Worth 136.31%
- Total Assets 102.85%
About Amal
Amal Limited (AL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 July 1974 and has a history of 50 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506597.
The Corporate was formerly known as Piramal Rasayan 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 25.00 Cr and a paid-up capital of Rs 12.36 Cr.
The company currently has active open charges totaling ₹5.50 Cr. The company has closed loans amounting to ₹83.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Amal Limited India are Mr Mankodi as COMPANY SECRETARY and Yogesh Vyas as Cfo. Rajeev Kumar, Mahalakshmi Subramanian, Deepali Sheth, and Five 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
L24100MH1974PLC017594
- Company No.
017594
- Stock Symbol
BSE : 506597
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Jul 1974
- Date of AGM
08 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Chemicals and Materials
Who are the key members and board of directors at Amal?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mr Mankodi  | Company Secretary | 01-Aug-2015 | Current |
| Yogesh Vyas | CFO | 14-Jan-2018 | Current |
| Rajeev Kumar | Managing Director | 24-Mar-2017 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkatraman Srinivasan | Director | 13-Feb-2024 | Current |
| Sunil Lalbhai | Director | 21-Jan-2010 | Current |
| Mahalakshmi Subramanian | Director | 05-Aug-2014 | Current |
| Jyotin Mehta | Director | 22-Apr-2022 | Current |
| Gopi Thirukonda | Director | 21-Jan-2010 | Current |
| Drushti Desai | Director | 05-Feb-2024 | Current |
Financial Performance of Amal.
Amal Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.65% decrease. The company also saw a substantial fall in profitability, with a 69.97% decrease in profit. The company's net worth Soared by an impressive increase of 136.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Amal?
In 2023, Amal had a promoter holding of 71.33% and a public holding of 28.68%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Icici Prudential Pension Funds Management Company LimitedJyotin Mehta is a mutual person
Mahindra Insurance Brokers LimitedJyotin Mehta is a mutual person
Chemfab Alkalis LimitedDrushti Desai is a mutual person
Charges (Loans)
Open Charges
₹5.50 Cr
Satisfied Charges
₹83.99 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.00 Cr
- Gujrat Industrial Investment Corporation Limited. : 0.60 Cr
- Gujrat State Financial Corporation Limited : 0.60 Cr
- Gujrat State Financial Corporation : 0.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2021 | Axis Bank Limited | ₹4.00 Cr | Open |
| 03 Oct 1999 | Gujrat State Financial Corporation Limited | ₹6.00 M | Open |
| 29 Jan 1980 | Gujrat State Financial Corporation | ₹3.00 M | Open |
| 03 Oct 1979 | Gujrat Industrial Investment Corporation Limited. | ₹6.00 M | Open |
| 27 Dec 2002 | Export-Import Bank Of India | ₹10.00 Cr | Satisfied |
How Many Employees Work at Amal?
Amal has a workforce of 32 employees as of Apr 06, 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 Amal, 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 Amal'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 Amal
Recent activity within the organization
- Director Appointment
Venkatraman Srinivasan was appointed as a Director was appointed as a Director on 13 Feb 2024 & has been associated with this company since 1 year 17 days .
- Director Appointment
Deepali Chirag Sheth was appointed as a Director was appointed as a Director on 07 Feb 2024 & has been associated with this company since 1 year 23 days .
- Director Appointment
Drushti Rahul Desai was appointed as a Director was appointed as a Director on 05 Feb 2024 & has been associated with this company since 1 year 25 days .
- Annual General Meeting
Amal Limited last Annual general meeting of members was held on 08 Sep 2023 as per latest MCA records.
- Balance Sheet
Amal Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge registered on 31 Jul 2002 via Charge ID 90223372 with Union Bank Of India was fully satisfied on 15 Nov 2022.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Amal Limited?
Amal Limited was incorporated on 04 Jul 1974.
What is authorized share capital and paid-up capital of Amal Limited?
The authorized share capital of Amal Limited is ₹ 25.00 Cr and paid-up capital is ₹ 12.36 Cr.
Who are the current board members & directors of Amal Limited?
Currently 10 directors are associated with Amal Limited.
- Mr A T Mankodi
- Yogesh Sanwarmal Vyas
- Rajeev Kumar
- Mahalakshmi Subramanian
- Deepali Chirag Sheth
- Drushti Rahul Desai
- Venkatraman Srinivasan
- Gopi Kannan Rengachari Thirukonda
- Sunil Siddharth Lalbhai
- Jyotin Kantilal Mehta
What is the registered address of Amal Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Amal Limited is 309 Veer Savarkar Marg Opp. India United Mills Nr. Prabhadevi Telephone Exchange Dadar (West), Mumbai, Maharashtra, 400028.
What is the corporate identification number (CIN) and company number of Amal Limited?
The corporate identification number (CIN) of Amal Limited is L24100MH1974PLC017594 and the company number is 017594 as per Ministry of Corporate Affairs (MCA).
Is Amal Limited registered with any stock exchange in India?
Yes, Amal Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Amal Limited?
The Official website of Amal Limited is https://www.amal.co.in
What has been the recent revenue trend for Amal Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Amal Limited has fallen by -4.65%.
How many employees does Amal Limited currently have?
As Per 2023 financial reports, 32 employees are currently employed by Amal Limited.
What change has been observed in the net worth of Amal Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Amal Limited has experienced an upsurge of 136.31%.
What are the total open charges for Amal Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Amal Limited amount to ₹ 5.50 Cr.
When was the last Balance Sheet of Amal Limited filed with the ROC?
The most recent Balance Sheet for Amal Limited was filed with the ROC on 31 Mar 2023.
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