Avani Petrochem Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.35 Cr
- Company Age 44 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.76 Cr
- Revenue Growth -7.83%
- Profit Growth 9.23%
- Ebitda -19.90%
- Net Worth 1.16%
- Total Assets 5.11%
About Avani Petrochem
Avani Petrochem Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 August 1980 and has a history of 44 years and eight months. Its registered office is in Vadodara, Gujarat, India.
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.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Chemicals and Materials
Avani Petrochem Private Limited
Explore comprehensive data for Avani Petrochem Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 LtdPurnimaben Shah and Dipakkumar Shah are mutual person
- Purvi Properties Pvt Ltd
Purnimaben Shah and Dipakkumar Shah are mutual person
- Harsh Petrochem Private Limited
Harsh Shah is a mutual person
- Jyms Vadodara Foundation
Harsh Shah is a mutual person
Charges (Loans)
Open Charges
₹54.76 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Avani Petrochem
Recent activity within the organization
- Annual General Meeting
Avani Petrochem Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Avani Petrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Sidbi amounted to Rs. 0.93 Cr with Charge ID 100692924 was registered on 29 Mar 2023.
- Charges
A charge with Others of Rs. 46.47 Cr registered on 10 May 1999 with Charge ID 90112505 was modified on 29 Jun 2022.
- Charges
A charge with Others amounted to Rs. 6.90 Cr with Charge ID 100574851 was registered on 29 Mar 2022.
- Director Appointment
Harsh Deepakbhai Shah was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2017 & has been associated with this company since 8 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Avani Petrochem Private Limited?
Avani Petrochem Private Limited was incorporated on 29 Aug 1980.
What is authorized share capital and paid-up capital of Avani Petrochem Private Limited?
The authorized share capital of Avani Petrochem Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.35 Cr.
Who are the current board members & directors of Avani Petrochem Private Limited?
Currently 3 directors are associated with Avani Petrochem Private Limited.
- Purnimaben Dipakbhai Shah
- Dipakkumar Jeshingbhai Shah
- Harsh Deepakbhai Shah
What is the registered address of Avani Petrochem Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avani Petrochem Private Limited is 301 Padmavati Complex Srinagar Society Bpc Road, India, Vadodara, Gujarat, 390020.
What is the corporate identification number (CIN) and company number of Avani Petrochem Private Limited?
The corporate identification number (CIN) of Avani Petrochem Private Limited is U17110GJ1980PTC003925 and the company number is 003925 as per Ministry of Corporate Affairs (MCA).
What is the official website of Avani Petrochem Private Limited?
The Official website of Avani Petrochem Private Limited is https://www.avanipetrochem.com
What has been the recent revenue trend for Avani Petrochem Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Avani Petrochem Private Limited has fallen by -7.83%.
How many employees does Avani Petrochem Private Limited currently have?
As Per 2023 financial reports, 54 employees are currently employed by Avani Petrochem Private Limited.
What change has been observed in the net worth of Avani Petrochem Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avani Petrochem Private Limited has experienced an upsurge of 1.16%.
What are the total open charges for Avani Petrochem Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avani Petrochem Private Limited amount to ₹ 54.76 Cr.
When was the last Balance Sheet of Avani Petrochem Private Limited filed with the ROC?
The most recent Balance Sheet for Avani Petrochem Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
DT
Dakshay ThakkarManaging DirectorBJ
Bankimbhai JoshiDirector
Similar Companies Based on Petrochemicals & Derivatives
Hpcl-Mittal Energy Limited Bathinda, Punjab, India
Castrol India Limited Mumbai, Maharashtra, India
Mangalore Refinery And Petrochemicals Limited Dakshina Kannada, Karnataka, India
Supreme Petrochem Limited Mumbai, Maharashtra, India
Shell India Markets Private Limited Kanchipuram, Tamil Nadu, India
Hindustan Petroleum Corporation Limited Mumbai, Maharashtra, India
Haldia Petrochemicals Limited 24 Parganas, West Bengal, India
Apar Industries Limited Vadodara, Gujarat, India