

Fine Organic Industries Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 15.33 Cr
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 56.00 Cr
- Satisfied Charges ₹ 372.51 Cr
- Revenue Growth 63.52%
- Profit Growth 135.61%
- Ebitda 124.17%
- Net Worth 58.80%
- Total Assets 44.35%
About Fine Organic Industries
Fine Organic Industries Limited (FOIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 May 2002 and has a history of 22 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 541557 and on the National Stock Exchange(NSE) under FINEORG.
The Corporate was formerly known as Fine Organic Industries (Mumbai) 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 20.00 Cr and a paid-up capital of Rs 15.33 Cr.
The company currently has active open charges totaling ₹56.00 Cr. The company has closed loans amounting to ₹372.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fine Organic Industries Limited India are Tushar Shah as Ceo, Pooja Gaonkar as Company Secretary, Pooja Lohor as Company Secretary, and One other members. Thiruvengadam Parthasarathi, Mukesh Shah, Jayen Shah, and Eight other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Fine Organic Industries Limited offer?
Fine Organic Industries Limited offers a wide range of products and services, including Textile, Dyeing & Finishing Chemical, Textile Finishing Chemicals, Chemical Reagents & Catalysts, Organic Salt, PET Granules & Plastic Raw Material, Masterbatches, Flavours & Aromatics, Food Emulsifiers, Industrial Chemicals & Supplies, Glycerine.
Who are the key members and board of directors at Fine Organic Industries?
Executive Team (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Jayen Shah ![]() | Managing Director | 24-May-2002 | Current |
Tushar Shah ![]() | CEO | 16-Apr-2024 | Current |
Pooja Gaonkar | Company Secretary | 01-Dec-2015 | Current |
Pooja Lohor | Company Secretary | 01-Dec-2015 | Current |
Sonali Bhadani | CFO | 16-Apr-2024 | Current |
Board Members (10)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Prakash Apte ![]() | Director | 13-Nov-2017 | Current |
Mukesh Shah ![]() | Whole-Time Director | 24-May-2002 | Current |
Kaushik Shah ![]() | Director | 24-Jan-2018 | Current |
Bimal Shah ![]() | Whole-Time Director | 01-Apr-2011 | Current |
Thiruvengadam Parthasarathi ![]() | Director | 13-Nov-2017 | Current |
Tushar Shah ![]() | Whole-Time Director and Ceo | 24-May-2002 | Current |
Financial Performance of Fine Organic Industries.
Fine Organic Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.52% increase. The company also saw a substantial improvement in profitability, with a 135.61% increase in profit. The company's net worth Soared by an impressive increase of 58.8%.


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What is the Ownership and Shareholding Structure of Fine Organic Industries?
In 2022, Fine Organic Industries had a promoter holding of 75.00% and a public holding of 25.00%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Kotak Mahindra Prime Limited
Prakash Apte is a mutual person
- Fine Zeelandia Private Limited
Jayen Shah and Tushar Shah are mutual person
- Kotak Mahindra Investments Limited
Prakash Apte is a mutual person
- Gmm Pfaudler Limited
Prakash Apte is a mutual person
- Landmark Cars Limited
Mahesh Sarda is a mutual person
- Micromatic Machine Tools Private Ltd
Thiruvengadam Parthasarathi is a mutual person
Charges (Loans)
₹56.00 Cr
₹372.51 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 40.00 Cr
- Hdfc Bank Limited : 16.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
01 Sep 2021 | Hdfc Bank Limited | ₹16.00 Cr | Open |
10 Jan 2013 | Citi Bank N.A. | ₹40.00 Cr | Open |
23 Jul 2018 | Citi Bank N.A. | ₹125.00 Cr | Satisfied |
30 Dec 2013 | Union Bank Of India | ₹30.00 Cr | Satisfied |
30 Dec 2013 | Union Bank Of India | ₹3.25 Cr | Satisfied |
How Many Employees Work at Fine Organic Industries?
Fine Organic Industries has a workforce of 779 employees as of Apr 06, 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 Fine Organic Industries, 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 Fine Organic Industries'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.
Latest Updates, News, and FAQs on Fine Organic Industries
Recent activity within the organization
- Annual General Meeting
Fine Organic Industries Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.
- Director Appointment
Tushar Ramesh Shah was appointed as a Ceo was appointed as a Ceo on 16 Apr 2024 & has been associated with this company since 10 months 25 days .
- Director Appointment
Sonali Bhadani was appointed as a Cfo was appointed as a Cfo on 16 Apr 2024 & has been associated with this company since 10 months 25 days .
- Balance Sheet
Fine Organic Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Rashi Hrushikesh Mehta was appointed as a Director was appointed as a Director on 02 Feb 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge registered on 23 Jul 2018 via Charge ID 100200242 with Citi Bank N.A. was fully satisfied on 26 Dec 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Fine Organic Industries Limited?
Fine Organic Industries Limited was incorporated on 24 May 2002.
What is authorized share capital and paid-up capital of Fine Organic Industries Limited?
The authorized share capital of Fine Organic Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.33 Cr.
Who are the current board members & directors of Fine Organic Industries Limited?
Currently 15 directors are associated with Fine Organic Industries Limited.
- Thiruvengadam Parthasarathi
- Mukesh Maganlal Shah
- Jayen Ramesh Shah
- Tushar Ramesh Shah
- Kaushik Dwarkadas Shah
- Prakash Krishnaji Apte
- Bimal Mukesh Shah
- Tushar Ramesh Shah
- Pooja Dattatray Gaonkar
- Pooja Bhavesh Lohor
- Rashi Hrushikesh Mehta
- Nikhil Dattatraya Kamat
- Mahesh Pansukhlal Sarda
- Sonali Bhadani
- Pratima Madhukar Umarji
What is the registered address of Fine Organic Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fine Organic Industries Limited is Fine Housem G Road Ghatkoper (E) India, Mumbai, Maharashtra, 400077.
What is the corporate identification number (CIN) and company number of Fine Organic Industries Limited?
The corporate identification number (CIN) of Fine Organic Industries Limited is L24119MH2002PLC136003 and the company number is 136003 as per Ministry of Corporate Affairs (MCA).
Is Fine Organic Industries Limited registered with any stock exchange in India?
Yes, Fine Organic Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): FINEORG.
What is the official website of Fine Organic Industries Limited?
The Official website of Fine Organic Industries Limited is https://www.fineorganics.com
What has been the recent revenue trend for Fine Organic Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Fine Organic Industries Limited has risen by 63.52%.
How many employees does Fine Organic Industries Limited currently have?
As Per 2023 financial reports, 779 employees are currently employed by Fine Organic Industries Limited.
What change has been observed in the net worth of Fine Organic Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Fine Organic Industries Limited has experienced an upsurge of 58.80%.
What are the total open charges for Fine Organic Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Fine Organic Industries Limited amount to ₹ 56.00 Cr.
When was the last Balance Sheet of Fine Organic Industries Limited filed with the ROC?
The most recent Balance Sheet for Fine Organic Industries Limited was filed with the ROC on 31 Mar 2024.
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