Arofine Polymers Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.20 M
- Company Age 35 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.75 Cr
- Satisfied Charges ₹ 3.04 Cr
- Revenue Growth 13.71%
- Profit Growth 108.41%
- Ebitda 69.47%
- Net Worth 22.61%
- Total Assets 14.90%
About Arofine Polymers
Arofine Polymers Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 September 1989 and has a history of 35 years and five months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Arofine Polymers 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 2.50 M and a paid-up capital of Rs 1.20 M.
The company currently has active open charges totaling ₹11.75 Cr. The company has closed loans amounting to ₹3.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arjun Nadkarni, Shriniwas Sardesai, and Ameya Khot serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24222PN1989PTC138254
- Company No.
138254
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Sep 1989
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Arofine Polymers Private Limited offer?
Arofine Polymers Private Limited offers a wide range of products and services, including Natural Gum, Corrugation Gum Powder, Adhesive Gum, Wood Adhesive, Adhesives, Glue and Sealants, Printing Inks & Other Supplies, Printing Ink, Adhesive Paste, Varnishes, UV Varnish.
Who are the key members and board of directors at Arofine Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arjun Nadkarni  | Managing Director | 12-Dec-2008 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shriniwas Sardesai | Director | 01-Jan-1996 | Current |
| Ameya Khot | Director | 06-Nov-2020 | Current |
Financial Performance of Arofine Polymers.
Arofine Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.71% increase. The company also saw a substantial improvement in profitability, with a 108.41% increase in profit. The company's net worth Soared by an impressive increase of 22.61%.
- 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 Arofine Polymers?
In 2023, Arofine Polymers had a promoter holding of 10.17% and a public holding of 89.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kroslink Polymers Pvt LtdArjun Nadkarni and Ameya Khot are mutual person
Charges (Loans)
₹117.50 M
₹30.42 M
Charges Breakdown by Lending Institutions
- Others : 11.00 Cr
- State Bank Of India : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2021 | Others | ₹1.00 Cr | Open |
| 27 Apr 2021 | Others | ₹10.00 Cr | Open |
| 25 Jan 2000 | State Bank Of India | ₹2.50 M | Open |
| 29 Dec 1995 | State Bank Of India | ₹2.50 M | Open |
| 29 Dec 1995 | State Bank Of India | ₹2.50 M | Open |
How Many Employees Work at Arofine Polymers?
Arofine Polymers has a workforce of 54 employees as of Apr 08, 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 Arofine Polymers, 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 Arofine Polymers'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.
