Iftex Oil And Chemicals Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.94 Cr
- Company Age 35 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.20 Cr
- Satisfied Charges ₹ 19.22 Cr
- Revenue Growth 5.66%
- Profit Growth -23.12%
- Ebitda 12.22%
- Net Worth 0.38%
- Total Assets 43.89%
About Iftex Oil And Chemicals
Iftex Oil And Chemicals Limited (IOACL) is a Public Limited Indian Non-Government Company incorporated in India on 08 September 1989 and has a history of 35 years and five months. Its registered office is in Mumbai, Maharashtra, 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 4.94 Cr.
The company currently has active open charges totaling ₹3.20 Cr. The company has closed loans amounting to ₹19.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anil Sharma, Nisha, and Sonal Raje serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U51909MH1989PLC053359
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Company No.
053359
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
08 Sep 1989
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Iftex Oil And Chemicals Limited offer?
Iftex Oil And Chemicals Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Automotive Oils, Cleaning Liquids & Wipes, Automotive Cleaners, Radiators & Accessories, Radiator Parts.
Who are the key members and board of directors at Iftex Oil And Chemicals?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Sharma
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Director | 08-Sep-1989 | Current |
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Nisha
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Director | 25-May-2022 | Current |
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Sonal Raje
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Director | 18-May-2022 | Current |
Financial Performance of Iftex Oil And Chemicals.
Iftex Oil And Chemicals Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.66% increase. The company also saw a substantial fall in profitability, with a 23.12% decrease in profit. The company's net worth moved up by a moderate rise of 0.38%.
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What is the Ownership and Shareholding Structure of Iftex Oil And Chemicals?
In 2023, Iftex Oil And Chemicals had a promoter holding of 93.30% and a public holding of 6.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Saisa Medi LlpAnil Sharma and Sonal Raje are mutual person
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Iftex Investments And Properties Pvt LtdAnil Sharma and Sonal Raje are mutual person
Charges (Loans)
₹3.20 Cr
₹19.22 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 3.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Oct 2022 | Axis Bank Limited | ₹3.20 Cr | Open |
| 03 May 2008 | Director Of Industries Through Member Secretary Swca | ₹1.41 M | Satisfied |
| 30 May 2006 | H.P. Financial Corporation | ₹1.50 Cr | Satisfied |
| 28 Apr 2004 | Standard Chartered Bank | ₹2.40 Cr | Satisfied |
| 21 Oct 1999 | Union Bank Of India | ₹3.00 M | Satisfied |
How Many Employees Work at Iftex Oil And Chemicals?
Iftex Oil And Chemicals has a workforce of 23 employees as of Apr 08, 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 Iftex Oil And Chemicals, 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 Iftex Oil And Chemicals'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.
