Avatar Petrochemicals Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 15 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.60 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 six months. Its registered office is in Andipatti, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹5.60 Cr. The company has closed loans amounting to ₹4.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sathesh Karuppiah and Saraswathi Karuppiah serve as directors at the Company.
Company Details
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Location
Andipatti, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51909TN2009PTC072371
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Company No.
072371
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Jul 2009
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Date of AGM
20 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Avatar Petrochemicals?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sathesh Karuppiah
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Director | 10-Jan-2011 | Current |
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Saraswathi Karuppiah
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Director | 09-Nov-2017 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Aghnitherm Engineers Private LimitedSathesh Karuppiah is a mutual person
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Ksr Techno Private Limited
Sathesh Karuppiah is a mutual person
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Ksr Biopetro Chemicals Private Limited
Sathesh Karuppiah and Saraswathi Karuppiah are mutual person
Charges (Loans)
₹5.60 Cr
₹4.94 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 5.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 2023 | Canara Bank | ₹2.00 Cr | Open |
| 29 Mar 2023 | Canara Bank | ₹2.00 M | Open |
| 08 Mar 2023 | Canara Bank | ₹1.60 Cr | Open |
| 26 Aug 2022 | Canara Bank | ₹1.80 Cr | Open |
| 21 Feb 2022 | Others | ₹1.80 Cr | Satisfied |
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.
Deals i
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
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.
