Indu Nissan Oxo Chemical Industries Limited

Produces oxo alcohols from olefins at a factory in Vadodara, Gujarat with 30,000 TPA capacity.

1979 | Vadodara, Gujarat (India) | Active
Last Updated: July 31, 2024

Indu Nissan Oxo Chemical Industries Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 16.50 Cr
  • Company Age 45 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.28 Cr
  • Satisfied Charges ₹ 6.20 Cr
  • Revenue Growth 23.74%
  • Profit Growth 19.00%
  • Ebitda 21.90%
  • Net Worth 7.86%
  • Total Assets 11.03%

About Indu Nissan Oxo Chemical Industries

Indu Nissan Oxo Chemical Industries Limited (INOCIL) is a Public Limited Indian Non-Government Company incorporated in India on 08 November 1979 and has a history of 45 years and three months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Food And Beverages 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 50.00 Cr and a paid-up capital of Rs 16.50 Cr.

The company currently has active open charges totaling ₹42.28 Cr. The company has closed loans amounting to ₹6.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indu Nissan Oxo Chemical Industries Limited India is Mehool Bhuva as CEO. Ranak Bhuva, Surendra Patel, and Anuresh Patel serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indunissan.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24110GJ1979PLC003549

  • Company No.

    003549

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 1979

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

Who are the key members and board of directors at Indu Nissan Oxo Chemical Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Mehool Bhuva Country flag representing In CEO12-Feb-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Ranak Bhuva Country flag representing Us Director 29-Aug-2014Current
Surendra Patel Country flag representing In Additional Director 12-Apr-2019Current
Anuresh Patel Country flag representing In Whole-Time Director 17-Aug-2021Current

Financial Performance of Indu Nissan Oxo Chemical Industries.

Indu Nissan Oxo Chemical Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.74% increase. The company also saw a substantial improvement in profitability, with a 19% increase in profit. The company's net worth moved up by a moderate rise of 7.86%.

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
23.74%
Revenue from Operations
26.68%
Total Assets
11.03%
Profit or Loss
19.00%
Net Worth
7.86%
EBITDA
21.90%

What is the Ownership and Shareholding Structure of Indu Nissan Oxo Chemical Industries?

In 2017, Indu Nissan Oxo Chemical Industries had a promoter holding of 24.34% and a public holding of 75.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.28 Cr

Satisfied Charges

₹6.20 Cr

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India Limited : 39.61 Cr
  • Kotak Mahindra Bank Ltd : 1.57 Cr
  • Industrialreconstructionbankofindia : 0.60 Cr
  • Icici : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 1995Industrial Development Bank Of India Limited₹13.20 CrOpen
16 Oct 1991Kotak Mahindra Bank Ltd₹5.00 MOpen
16 Oct 1991Industrial Development Bank Of India Limited₹13.20 CrOpen
16 Oct 1991Icici₹5.00 MOpen
19 Mar 1990Industrialreconstructionbankofindia₹6.00 MOpen

How Many Employees Work at Indu Nissan Oxo Chemical Industries?

Unlock and access historical data on people associated with Indu Nissan Oxo Chemical Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indu Nissan Oxo Chemical 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 Indu Nissan Oxo Chemical Industries'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 Indu Nissan Oxo Chemical Industries

Recent activity within the organization

  • Annual General Meeting

    Indu Nissan Oxo Chemical Industries Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Indu Nissan Oxo Chemical Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Anuresh Surendra Patel was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Aug 2021 & has been associated with this company since 3 years 6 months .

    17 Aug 2021

  • Director Appointment

    Surendra Bhailalbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2019 & has been associated with this company since 5 years 10 months .

    12 Apr 2019

  • Director Appointment

    Mehool Narendra Bhuva was appointed as a Ceo was appointed as a Ceo on 12 Feb 2018 & has been associated with this company since 7 years 10 days .

    12 Feb 2018

  • Director Appointment

    Ranak Mehool Bhuva was appointed as a Director was appointed as a Director on 29 Aug 2014 & has been associated with this company since 10 years 5 months .

    29 Aug 2014

Frequently asked questions

  • Indu Nissan Oxo Chemical Industries Limited was incorporated on 08 Nov 1979.

  • The authorized share capital of Indu Nissan Oxo Chemical Industries Limited is ₹ 50.00 Cr and paid-up capital is ₹ 16.50 Cr.

  • Currently 4 directors are associated with Indu Nissan Oxo Chemical Industries Limited.

    • Ranak Mehool Bhuva
    • Surendra Bhailalbhai Patel
    • Anuresh Surendra Patel
    • Mehool Narendra Bhuva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indu Nissan Oxo Chemical Industries Limited is Bajwa Chhani Road B/H Gsfc Compound, Vadodara, Gujarat, India, 391310.

  • The corporate identification number (CIN) of Indu Nissan Oxo Chemical Industries Limited is L24110GJ1979PLC003549 and the company number is 003549 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indu Nissan Oxo Chemical Industries Limited is https://www.indunissan.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indu Nissan Oxo Chemical Industries Limited has risen by 23.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indu Nissan Oxo Chemical Industries Limited has experienced an upsurge of 7.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indu Nissan Oxo Chemical Industries Limited amount to ₹ 42.28 Cr.

  • The most recent Balance Sheet for Indu Nissan Oxo Chemical Industries Limited was filed with the ROC on 31 Mar 2023.

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