Azus Asphalts India Private Limited

Manufactures and distributes bitumen with large storage facilities and fleet of trucks in India.

2018 | Karwar, Karnataka (India) | Active
Last Updated: June 17, 2024

Azus Asphalts India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 6 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.17 Cr
  • Revenue Growth -19.64%
  • Profit Growth 16.74%
  • Ebitda -9.55%
  • Net Worth 13.88%
  • Total Assets -27.68%

About Azus Asphalts India

Azus Asphalts India Private Limited (AAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 October 2018 (Six years and three months 11 days old ). Its registered office is in Karwar, Karnataka, 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 5.00 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹17.17 Cr.

Saahil Bhavanagary and Aliraza Bhavanagary serve as directors at the Company.

Company Details

  • Location

    Karwar, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24304KA2018PTC117769

  • Company No.

    117769

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Chemicals and Materials

Who are the key members and board of directors at Azus Asphalts India?

Board Members (2)

Name Designation Appointment Date Status
Saahil Bhavanagary Country flag representing In Director 22-Oct-2018 Current
Aliraza Bhavanagary Country flag representing In Director 17-Oct-2019 Current

Financial Performance of Azus Asphalts India.

Azus Asphalts India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.64% decrease. The company also saw a substantial improvement in profitability, with a 16.74% increase in profit. The company's net worth Soared by an impressive increase of 13.88%.

Graph illustrating revenue growth over time
Graph showing 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
-19.64%
Revenue from Operations
-20.04%
Total Assets
-27.68%
Profit or Loss
16.74%
Net Worth
13.88%
EBITDA
-9.55%

What is the Ownership and Shareholding Structure of Azus Asphalts India?

In 2023, Azus Asphalts India 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

₹17.17 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 15.41 Cr
  • Hdfc Bank Limited : 1.03 Cr
  • Yes Bank Limited : 0.73 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 2022 Axis Bank Limited ₹2.11 M Open
20 Dec 2021 Yes Bank Limited ₹7.32 M Open
01 Nov 2021 Hdfc Bank Limited ₹1.03 Cr Open
25 Jun 2021 Axis Bank Limited ₹11.50 Cr Open
14 Sep 2020 Axis Bank Limited ₹4.23 M Open

How Many Employees Work at Azus Asphalts India?

Azus Asphalts India has a workforce of 3 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Azus Asphalts India, 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 Azus Asphalts India'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 Azus Asphalts India

Recent activity within the organization

  • Annual General Meeting

    Azus Asphalts India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 3.28 Cr registered on 07 Feb 2020 with Charge ID 100368201 was modified on 26 May 2023.

    26 May 2023

  • Balance Sheet

    Azus Asphalts India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 11.50 Cr registered on 25 Jun 2021 with Charge ID 100459339 was modified on 19 Mar 2022.

    19 Mar 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100534037 was registered on 29 Jan 2022.

    29 Jan 2022

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.73 Cr with Charge ID 100523665 was registered on 20 Dec 2021.

    20 Dec 2021

Frequently asked questions

  • Azus Asphalts India Private Limited was incorporated on 22 Oct 2018.

  • The authorized share capital of Azus Asphalts India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 2 directors are associated with Azus Asphalts India Private Limited.

    • Saahil Aliraza Bhavanagary
    • Aliraza Masumali Bhavanagary
  • As per Ministry of Corporate Affairs (Mca), the registered address of Azus Asphalts India Private Limited is Survey No. 31 Sakalben Aversa Ankola Karwar, Karnataka, India, 581316.

  • The corporate identification number (CIN) of Azus Asphalts India Private Limited is U24304KA2018PTC117769 and the company number is 117769 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Azus Asphalts India Private Limited is https://www.azusasphalts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Azus Asphalts India Private Limited has fallen by -19.64%.

  • As Per 2023 financial reports, 3 employees are currently employed by Azus Asphalts India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Azus Asphalts India Private Limited has experienced an upsurge of 13.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Azus Asphalts India Private Limited amount to ₹ 17.17 Cr.

  • The most recent Balance Sheet for Azus Asphalts India Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Petrochemicals & Derivatives