East India Petroleum Profile
Key Indicators
- Authorised Capital ₹ 163.00 Cr
- Paid Up Capital ₹ 27.56 Cr
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 375.20 Cr
- Satisfied Charges ₹ 219.39 Cr
- Revenue Growth 57.52%
- Profit Growth 453.70%
- Ebitda 51.76%
- Net Worth 67.82%
- Total Assets 2.11%
About East India Petroleum
East India Petroleum Private Limited (EIPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 May 1994 and has a history of 30 years and eight months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The Corporate was formerly known as Visakha Storage System Limited. The Company is engaged in the Energy And Power 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 163.00 Cr and a paid-up capital of Rs 27.56 Cr.
The company currently has active open charges totaling ₹375.20 Cr. The company has closed loans amounting to ₹219.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at East India Petroleum Private Limited India is Aditya Joshi as COMPANY SECRETARY. Surya Mulakala, Ashish Pannalal, Spandana Mulpuri, and One other member serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U23209AP1994PTC017623
- Company No.
017623
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 May 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Who are the key members and board of directors at East India Petroleum?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surya Mulakala  | Managing Director | 19-Nov-2018 | Current |
| Aditya Joshi | Company Secretary | 31-Oct-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Spandana Mulpuri | Director | 20-Feb-2019 | Current |
| Ashish Pannalal | Director | 10-Apr-2017 | Current |
| Venkata Chagaralamudi | Whole-Time Director | 29-Oct-2020 | Current |
Financial Performance of East India Petroleum.
East India Petroleum Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.52% increase. The company also saw a substantial improvement in profitability, with a 453.7% increase in profit. The company's net worth Soared by an impressive increase of 67.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of East India Petroleum?
In 2023, East India Petroleum had a promoter holding of 52.63% and a public holding of 47.37%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Buzzworks Business Services Private LimitedAshish Pannalal is a mutual person
Kynshi Green Urja Private LimitedSurya Mulakala is a mutual person
- Emra Urja Private Limited
Surya Mulakala is a mutual person
- Athena Kynshi Power Private Limited
Surya Mulakala is a mutual person
- Athena Emra Power Private Limited
Surya Mulakala is a mutual person
- Ew Infra Services Private Limited
Surya Mulakala and Spandana Mulpuri are mutual person
Charges (Loans)
₹375.20 Cr
₹219.39 Cr
Charges Breakdown by Lending Institutions
- Others : 374.66 Cr
- Uco Bank : 0.54 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2024 | Uco Bank | ₹3.00 M | Open |
| 29 Feb 2024 | Others | ₹60.00 Cr | Open |
| 27 Feb 2024 | Uco Bank | ₹2.44 M | Open |
| 25 Mar 2022 | Others | ₹30.00 Cr | Open |
| 29 Sep 2021 | Others | ₹14.66 Cr | Open |
How Many Employees Work at East India Petroleum?
East India Petroleum has a workforce of 28 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of East India Petroleum, 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 East India Petroleum'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.
