Arofine Polymers Private Limited

This company manufactures and exports various types of adhesives for multiple industries.

1989 | Pune, Maharashtra (India) | Active
Last Updated:

Arofine Polymers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 seven 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 2024. 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.

Shriniwas Sardesai, Ameya Khot, and Arjun Nadkarni 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

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Chemicals and Materials

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.

Company report

Arofine Polymers Private Limited

Explore comprehensive data for Arofine Polymers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Arofine Polymers?

Executive Team (1)

NameDesignationAppointment DateStatus
Arjun Nadkarni Country flag representing In Managing Director12-Dec-2008Current

Board Members (2)

NameDesignationAppointment DateStatus
Shriniwas Sardesai Country flag representing In Director 01-Jan-1996Current
Ameya Khot Country flag representing In Director 06-Nov-2020Current

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%.

Arofine Polymers revenue growth over time
Arofine Polymers 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
13.71%
Revenue from Operations
11.71%
Total Assets
14.90%
Profit or Loss
108.41%
Net Worth
22.61%
EBITDA
69.47%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹117.50 M

Satisfied Charges

₹30.42 M

Charges Breakdown by Lending Institutions

  • Others : 11.00 Cr
  • State Bank Of India : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jun 2021Others₹1.00 CrOpen
27 Apr 2021Others₹10.00 CrOpen
25 Jan 2000State Bank Of India₹2.50 MOpen
29 Dec 1995State Bank Of India₹2.50 MOpen
29 Dec 1995State Bank Of India₹2.50 MOpen

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.

Employee growth trends for Arofine Polymers Private Limited

Deals i

Graph showing company valuation over time

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

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 Arofine Polymers

Recent activity within the organization

  • Annual General Meeting

    Arofine Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Arofine Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 17 Jul 2007 via Charge ID 10063549 with State Bank Of India was fully satisfied on 14 Mar 2023.

  • Charges

    A charge registered on 07 Apr 1995 via Charge ID 90215874 with State Bank Of India was fully satisfied on 14 Mar 2023.

  • Charges

    A charge registered on 07 Apr 1995 via Charge ID 90212648 with State Bank Of India was fully satisfied on 14 Mar 2023.

  • Charges

    A charge registered on 29 Dec 1990 via Charge ID 90212138 with State Bank Of India was fully satisfied on 14 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Arofine Polymers Private Limited?

    Arofine Polymers Private Limited was incorporated on 08 Sep 1989.

  • What is authorized share capital and paid-up capital of Arofine Polymers Private Limited?

    The authorized share capital of Arofine Polymers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.20 M.

  • Who are the current board members & directors of Arofine Polymers Private Limited?

    Currently 3 directors are associated with Arofine Polymers Private Limited.

    • Shriniwas Bajirao Sardesai
    • Ameya Ajit Khot
    • Arjun Jagdish Nadkarni

  • What is the registered address of Arofine Polymers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Arofine Polymers Private Limited is S-42, M.I.D.C. Bhosari India, Pune, Maharashtra, 411026.

  • What is the corporate identification number (CIN) and company number of Arofine Polymers Private Limited?

    The corporate identification number (CIN) of Arofine Polymers Private Limited is U24222PN1989PTC138254 and the company number is 138254 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Arofine Polymers Private Limited?

    The Official website of Arofine Polymers Private Limited is https://www.arofines.in

  • What has been the recent revenue trend for Arofine Polymers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Arofine Polymers Private Limited has risen by 13.71%.

  • How many employees does Arofine Polymers Private Limited currently have?

    As Per 2023 financial reports, 54 employees are currently employed by Arofine Polymers Private Limited.

  • What change has been observed in the net worth of Arofine Polymers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Arofine Polymers Private Limited has experienced an upsurge of 22.61%.

  • What are the total open charges for Arofine Polymers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Arofine Polymers Private Limited amount to ₹ 11.75 Cr.

  • When was the last Balance Sheet of Arofine Polymers Private Limited filed with the ROC?

    The most recent Balance Sheet for Arofine Polymers Private Limited was filed with the ROC on 31 Mar 2024.

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