Avani Petrochem Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 12-01-2025
- Paid Up Capital ₹ 9.35 Cr
as on 12-01-2025
- Company Age 44 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.76 Cr
as on 12-01-2025
- Revenue -7.83%
(FY 2023)
- Profit 9.23%
(FY 2023)
- Ebitda -19.90%
(FY 2023)
- Net Worth 1.16%
(FY 2023)
- Total Assets 5.11%
(FY 2023)
About Avani Petrochem
The Corporate was formerly known as Avani Petrochem 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 10.00 Cr and a paid-up capital of Rs 9.35 Cr.
The company currently has active open charges totaling ₹54.76 Cr.
Purnimaben Shah, Dipakkumar Shah, and Harsh Shah serve as directors at the Company.
- CIN/LLPIN
U17110GJ1980PTC003925
- Company No.
003925
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Aug 1980
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Avani Petrochem?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harsh Shah  | Managing Director | 01-Apr-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Purnimaben Shah | Director | 10-Apr-2011 | Current |
| Dipakkumar Shah | Director | 01-Apr-2007 | Current |
Financial Performance of Avani Petrochem.
Avani Petrochem Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.83% decrease. The company also saw a slight improvement in profitability, with a 9.23% increase in profit. The company's net worth moved up by a moderate rise of 1.16%.
- 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 Avani Petrochem?
In 2023, Avani Petrochem had a promoter holding of 81.04% and a public holding of 18.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shankaranand Estate Pvt LtdActive 37 years 11 monthsPurnimaben Shah and Dipakkumar Shah are mutual person
- Purvi Properties Pvt LtdActive 37 years 8 months
Purnimaben Shah and Dipakkumar Shah are mutual person
Charges (Loans)
₹54.76 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 53.37 Cr
- Sidbi : 0.93 Cr
- Bank Of Baroda : 0.46 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2023 | Sidbi | ₹9.30 M | Open |
| 29 Mar 2022 | Others | ₹6.90 Cr | Open |
| 10 May 1999 | Others | ₹46.47 Cr | Open |
| 02 Jan 1989 | Bank Of Baroda | ₹4.60 M | Open |
How Many Employees Work at Avani Petrochem?
Avani Petrochem has a workforce of 54 employees as of Jan 12, 2025. 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 Avani Petrochem, 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 Avani Petrochem'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.
