Avatar Petrochemicals Private Limited

Manufactures and trades furnaces oil, deals in petrochemical products, incorporated in 2009.

2009 | Theni, Tamil Nadu (India) | Active
Last Updated:

Avatar Petrochemicals Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.18 Cr
  • Satisfied Charges ₹ 4.94 Cr
  • Revenue Growth -10.15%
  • Profit Growth 120.73%
  • Ebitda 52.26%
  • Net Worth 123.30%
  • Total Assets -14.86%

About Avatar Petrochemicals

Avatar Petrochemicals Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 July 2009 and has a history of 15 years and seven months. Its registered office is in Theni, Tamil Nadu, India.

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 5.50 Cr and a paid-up capital of Rs 2.50 Cr.

The company currently has active open charges totaling ₹9.18 Cr. The company has closed loans amounting to ₹4.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saraswathi Karuppiah and Sathesh Karuppiah serve as directors at the Company.

Company Details

  • Location

    Theni, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909TN2009PTC072371

  • Company No.

    072371

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

Who are the key members and board of directors at Avatar Petrochemicals?

Board Members (2)

NameDesignationAppointment DateStatus
Saraswathi Karuppiah Country flag representing In Director 09-Nov-2017Current
Sathesh Karuppiah Country flag representing In Director 15-Mar-2018Current

Financial Performance of Avatar Petrochemicals.

Avatar Petrochemicals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.15% decrease. The company also saw a substantial improvement in profitability, with a 120.73% increase in profit. The company's net worth Soared by an impressive increase of 123.3%.

Avatar Petrochemicals revenue growth over time
Avatar Petrochemicals 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
-10.15%
Revenue from Operations
-10.56%
Total Assets
-14.86%
Profit or Loss
120.73%
Net Worth
123.30%
EBITDA
52.26%

What is the Ownership and Shareholding Structure of Avatar Petrochemicals?

In 2023, Avatar Petrochemicals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.18 Cr

Satisfied Charges

₹4.94 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 9.18 Cr

Latest Charge Details

DateLenderAmountStatus
28 Nov 2024Canara Bank₹0.75 MOpen
28 Mar 2024Canara Bank₹3.50 CrOpen
10 Aug 2023Canara Bank₹2.00 CrOpen
29 Mar 2023Canara Bank₹2.00 MOpen
08 Mar 2023Canara Bank₹1.60 CrOpen

How Many Employees Work at Avatar Petrochemicals?

Avatar Petrochemicals has a workforce of 13 employees as of Mar 30, 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 Avatar Petrochemicals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Avatar Petrochemicals, 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 Avatar Petrochemicals'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 Avatar Petrochemicals

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 0.08 Cr with Charge ID 101017946 was registered on 28 Nov 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Avatar Petrochemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Canara Bank amounted to Rs. 3.50 Cr with Charge ID 100920890 was registered on 28 Mar 2024.

  • Charges

    A charge with Canara Bank of Rs. 1.80 Cr registered on 26 Aug 2022 with Charge ID 100630124 was modified on 05 Dec 2023.

  • Charges

    A charge with Canara Bank amounted to Rs. 2.00 Cr with Charge ID 100783831 was registered on 10 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Avatar Petrochemicals Private Limited?

    Avatar Petrochemicals Private Limited was incorporated on 23 Jul 2009.

  • What is authorized share capital and paid-up capital of Avatar Petrochemicals Private Limited?

    The authorized share capital of Avatar Petrochemicals Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 2.50 Cr.

  • Who are the current board members & directors of Avatar Petrochemicals Private Limited?

    Currently 2 directors are associated with Avatar Petrochemicals Private Limited.

    • Saraswathi Karuppiah
    • Sathesh Raja Karuppiah

  • What is the registered address of Avatar Petrochemicals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Avatar Petrochemicals Private Limited is Plot No.19, Sidco Industrial Estate India, Andipatti, Tamil Nadu, 625512.

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

    The corporate identification number (CIN) of Avatar Petrochemicals Private Limited is U51909TN2009PTC072371 and the company number is 072371 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Avatar Petrochemicals Private Limited?

    The Official website of Avatar Petrochemicals Private Limited is https://www.avatarpetro.com

  • What has been the recent revenue trend for Avatar Petrochemicals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Avatar Petrochemicals Private Limited has fallen by -10.15%.

  • How many employees does Avatar Petrochemicals Private Limited currently have?

    As Per 2023 financial reports, 13 employees are currently employed by Avatar Petrochemicals Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Avatar Petrochemicals Private Limited has experienced an upsurge of 123.30%.

  • What are the total open charges for Avatar Petrochemicals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Avatar Petrochemicals Private Limited amount to ₹ 9.18 Cr.

  • When was the last Balance Sheet of Avatar Petrochemicals Private Limited filed with the ROC?

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

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