Axel Polymers Profile
Key Indicators
- Authorised Capital ₹ 16.00 Cr
- Paid Up Capital ₹ 8.52 Cr
- Company Age 32 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 58.39 Cr
- Satisfied Charges ₹ 28.24 Cr
- Revenue Growth 16.33%
- Profit Growth 29.27%
- Ebitda 24.56%
- Net Worth 9.80%
- Total Assets 0.46%
About Axel Polymers
Axel Polymers Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 May 1992 and has a history of 32 years and eight months. Its registered office is in Vadodara, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513642.
The Company is engaged in the Manufacturing 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 16.00 Cr and a paid-up capital of Rs 8.52 Cr.
The company currently has active open charges totaling ₹58.39 Cr. The company has closed loans amounting to ₹28.24 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Axel Polymers Limited India are Jigardan Gadhvi as COMPANY SECRETARY and Aarasp Bodhanwala as Cfo. Aarasp Bodhanwala, Minnie Bodhanwala, Gaurav Thanky, and Two other members 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
L25200GJ1992PLC017678
- Company No.
017678
- Stock Symbol
BSE : 513642
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 May 1992
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
What products or services does Axel Polymers Limited offer?
Axel Polymers Limited offers a wide range of products and services, including Plastic Granules, ABS Plastic Granules, Polycarbonate, PBT Granules, PET Granules & Plastic Raw Material, PP Granules, Nylon Granule, Mosquito Net, Mosquito Bed Nets, SAN Granules.
Who are the key members and board of directors at Axel Polymers?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurav Thanky  | Managing Director | 01-Jun-2014 | Current |
| Jigardan Gadhvi | Company Secretary | 04-Apr-2019 | Current |
| Aarasp Bodhanwala | CFO | 01-Oct-2017 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Minnie Bodhanwala | Director | 28-Feb-2002 | Current |
| Aarasp Bodhanwala | Whole-Time Director and Cfo | 01-Mar-1993 | Current |
| Umang Dasani | Director | 14-Nov-2022 | Current |
| Haresh Kothari | Director | 19-Aug-2021 | Current |
Financial Performance of Axel Polymers.
Axel Polymers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.33% increase. The company also saw a substantial improvement in profitability, with a 29.27% increase in profit. The company's net worth moved up by a moderate rise of 9.8%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Axel Polymers?
In 2022, Axel Polymers had a promoter holding of 61.90% and a public holding of 38.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
National Peroxide LimitedMinnie Bodhanwala is a mutual person
The Bombay Burmah Trading Corporation LimitedMinnie Bodhanwala is a mutual person
The Bombay Dyeing And Manufacturing Company LimitedMinnie Bodhanwala is a mutual person
Jet Infraventure LimitedHaresh Kothari is a mutual person
Tia Plastek Private LimitedAarasp Bodhanwala and Minnie Bodhanwala are mutual person
- National Peroxide Limited
Minnie Bodhanwala is a mutual person
Charges (Loans)
₹58.39 Cr
₹28.24 Cr
Charges Breakdown by Lending Institutions
- Others : 58.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2021 | Others | ₹8.50 M | Open |
| 02 Jan 2004 | Others | ₹27.77 Cr | Open |
| 11 Jun 1994 | Others | ₹29.77 Cr | Open |
| 20 Jan 2010 | Bank Of India | ₹17.94 Cr | Satisfied |
| 03 Oct 2000 | Bank Of Baroda | ₹3.15 Cr | Satisfied |
How Many Employees Work at Axel Polymers?
Axel Polymers has a workforce of 70 employees as of Apr 09, 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 Axel 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 Axel Polymers'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.
