Daxesh Petrochem Private Limited

Manufacturer of industrial oils, lubricants, and petroleum-based chemicals.

1986 | Mumbai, Maharashtra (India) | Active
Last Updated: December 11, 2024

Daxesh Petrochem Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.90 M
  • Satisfied Charges ₹ 2.18 Cr
  • Revenue Growth 30.89%
  • Profit Growth 116.95%
  • Ebitda 109.62%
  • Net Worth 19.89%
  • Total Assets 23.09%

About Daxesh Petrochem

Daxesh Petrochem Private Limited (DPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 April 1986 and has a history of 38 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Shanmukh Petrochem Private 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 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹9.90 M. The company has closed loans amounting to ₹2.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hasmukh Patel, Haresh Mohanlal, Dineshchandra Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23200MH1986PTC039532

  • Company No.

    039532

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Daxesh Petrochem?

Executive Team (1)

Name Designation Appointment Date Status
Dineshchandra Patel Country flag representing In Managing Director 10-Apr-1986 Current

Board Members (4)

Name Designation Appointment Date Status
Hasmukh Patel Country flag representing In Whole-Time Director 01-Dec-1991 Current
Haresh Mohanlal Country flag representing In Whole-Time Director 01-Dec-1991 Current
Nitin Patel Country flag representing In Whole-Time Director 01-Dec-1991 Current
Rasilaben Patel Country flag representing In Whole-Time Director 12-Oct-2007 Current

Financial Performance of Daxesh Petrochem.

Daxesh Petrochem Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.89% increase. The company also saw a substantial improvement in profitability, with a 116.95% increase in profit. The company's net worth Soared by an impressive increase of 19.89%.

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
30.89%
Revenue from Operations
30.41%
Total Assets
23.09%
Profit or Loss
116.95%
Net Worth
19.89%
EBITDA
109.62%

What is the Ownership and Shareholding Structure of Daxesh Petrochem?

Unlock access to Daxesh Petrochem's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.90 M

Satisfied Charges

₹21.84 M

Charges Breakdown by Lending Institutions

  • Others : 0.99 Cr

Latest Charge Details

Date Lender Amount Status
07 May 1997 Others ₹9.90 M Open
28 Dec 2015 Bank Of Baroda ₹0.77 M Satisfied
13 Dec 2014 Bank Of Baroda ₹0.65 M Satisfied
25 Jun 2007 Others ₹1.69 Cr Satisfied
07 May 1997 Bank Of Baroda ₹2.12 M Satisfied

How Many Employees Work at Daxesh Petrochem?

Daxesh Petrochem has a workforce of 20 employees as of Apr 07, 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 Daxesh 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 Daxesh Petrochem'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 Daxesh Petrochem

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Daxesh Petrochem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 25 Jun 2007 via Charge ID 10058237 with Others was fully satisfied on 05 Mar 2021.

    05 Mar 2021

  • Charges

    A charge registered on 05 May 1993 via Charge ID 90243146 with Bank Of Baroda was fully satisfied on 05 Mar 2021.

    05 Mar 2021

  • Charges

    A charge registered on 05 May 1993 via Charge ID 90233910 with Bank Of Baroda was fully satisfied on 05 Mar 2021.

    05 Mar 2021

  • Charges

    A charge with Others of Rs. 9.90 M registered on 07 May 1997 with Charge ID 90243324 was modified on 25 Jan 2021.

    25 Jan 2021

Frequently asked questions

  • Daxesh Petrochem Private Limited was incorporated on 10 Apr 1986.

  • The authorized share capital of Daxesh Petrochem Private Limited is ₹ 3.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 5 directors are associated with Daxesh Petrochem Private Limited.

    • Hasmukh Mohanlal Patel
    • Haresh Patel Mohanlal
    • Dineshchandra Kantilal Patel
    • Nitin Kantilal Patel
    • Rasilaben Dineshchandra Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Daxesh Petrochem Private Limited is A-101 Cypressswapna Nagari Mulund West India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Daxesh Petrochem Private Limited is U23200MH1986PTC039532 and the company number is 039532 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Daxesh Petrochem Private Limited is https://www.petrosilicon.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Daxesh Petrochem Private Limited has risen by 30.89%.

  • As Per 2023 financial reports, 20 employees are currently employed by Daxesh Petrochem Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Daxesh Petrochem Private Limited has experienced an upsurge of 19.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Daxesh Petrochem Private Limited amount to ₹ 9.90 M.

  • The most recent Balance Sheet for Daxesh Petrochem Private Limited was filed with the ROC on 31 Mar 2024.