Kanchan Oil Industries Limited

This company refines, blends, and trades edible oils under two brand names, with a processing facility in West Bengal.

1974 | Kolkata, West Bengal (India) | Active
Last Updated:

Kanchan Oil Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.49 Cr
  • Company Age 51 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 71.09 Cr
  • Revenue Growth -73.62%
  • Profit Growth -74.63%
  • Ebitda -73.94%
  • Net Worth 4.42%
  • Total Assets 4.14%

About Kanchan Oil Industries

Kanchan Oil Industries Limited (KOIL) was founded in India on 02 February 1974 and has a glorious history of 51 years . Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Kanchan Oil Industries Private Limited. 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 3.00 Cr and a paid-up capital of Rs 2.49 Cr.

The company has closed loans amounting to ₹71.09 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shree Saraf, Viplove Agarwal, Ila Sengupta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ediblegroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24119WB1974PLC029234

  • Company No.

    029234

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1974

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Food and Beverages

What products or services does Kanchan Oil Industries Limited offer?

Kanchan Oil Industries Limited offers a wide range of products and services, including Edible Oil & Allied Products, Refined Oil, Ayurvedic, Herbal Oils and Cosmetics, Ayurvedic Cosmetics, Hand Sanitizers & Personal Hygiene, Hand Sanitizer & Disinfectant, Cooking Oil.

Who are the key members and board of directors at Kanchan Oil Industries?

Board Members (5)

NameDesignationAppointment DateStatus
Mohit Dujari Country flag representing In Director 25-May-2022Current
Shree Saraf Country flag representing In Director 04-Feb-2014Current
Viplove Agarwal Country flag representing In Director 04-Feb-2015Current
Ila Sengupta Country flag representing In Director 25-May-2022Current
Shivam Agarwal Country flag representing In Director 14-Mar-2018Current

Financial Performance of Kanchan Oil Industries.

Kanchan Oil Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.62% decrease. The company also saw a substantial fall in profitability, with a 74.63% decrease in profit. The company's net worth moved up by a moderate rise of 4.42%.

Kanchan Oil Industries revenue growth over time
Kanchan Oil Industries 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
-73.62%
Revenue from Operations
-73.71%
Total Assets
4.14%
Profit or Loss
-74.63%
Net Worth
4.42%
EBITDA
-73.94%

What is the Ownership and Shareholding Structure of Kanchan Oil Industries?

In 2022, Kanchan Oil Industries had a promoter holding of 99.42% and a public holding of 0.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹71.09 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank : 54.03 Cr
  • Standard Chartered Bank : 17.06 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jan 2021Standard Chartered Bank₹2.01 CrSatisfied
07 Jun 2017Standard Chartered Bank₹0.50 MSatisfied
20 Feb 2017Standard Chartered Bank₹15.00 CrSatisfied
12 Jul 2010Andhra Bank₹7.33 MSatisfied
31 Jul 2002Andhra Bank₹53.30 CrSatisfied

How Many Employees Work at Kanchan Oil Industries?

Kanchan Oil Industries has a workforce of 33 employees as of Apr 01, 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.

Employee growth trends for Kanchan Oil Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kanchan Oil 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 Kanchan Oil 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 Kanchan Oil Industries

Recent activity within the organization

  • Charges

    A charge registered on 11 Jan 2021 via Charge ID 100411601 with Standard Chartered Bank was fully satisfied on 16 Nov 2023.

  • Charges

    A charge registered on 07 Jun 2017 via Charge ID 100106904 with Standard Chartered Bank was fully satisfied on 16 Nov 2023.

  • Charges

    A charge registered on 20 Feb 2017 via Charge ID 100101374 with Standard Chartered Bank was fully satisfied on 16 Nov 2023.

  • Annual General Meeting

    Kanchan Oil Industries Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Kanchan Oil Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Ila Sengupta was appointed as a Director was appointed as a Director on 25 May 2022 & has been associated with this company since 2 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Kanchan Oil Industries Limited?

    Kanchan Oil Industries Limited was incorporated on 02 Feb 1974.

  • What is authorized share capital and paid-up capital of Kanchan Oil Industries Limited?

    The authorized share capital of Kanchan Oil Industries Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.49 Cr.

  • Who are the current board members & directors of Kanchan Oil Industries Limited?

    Currently 5 directors are associated with Kanchan Oil Industries Limited.

    • Shree Gopal Saraf
    • Viplove Agarwal
    • Ila Sengupta
    • Shivam Agarwal
    • Mohit Dujari

  • What is the registered address of Kanchan Oil Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kanchan Oil Industries Limited is P-336 2Nd Floor Cit Scheme No.Vim P.S - Phool Bagan, Kolkata, West Bengal, India, 700054.

  • What is the corporate identification number (CIN) and company number of Kanchan Oil Industries Limited?

    The corporate identification number (CIN) of Kanchan Oil Industries Limited is U24119WB1974PLC029234 and the company number is 029234 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Kanchan Oil Industries Limited?

    The Official website of Kanchan Oil Industries Limited is https://www.ediblegroup.in

  • What has been the recent revenue trend for Kanchan Oil Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kanchan Oil Industries Limited has fallen by -73.62%.

  • How many employees does Kanchan Oil Industries Limited currently have?

    As Per 2023 financial reports, 33 employees are currently employed by Kanchan Oil Industries Limited.

  • What change has been observed in the net worth of Kanchan Oil Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kanchan Oil Industries Limited has experienced an upsurge of 4.42%.

  • When was the last Balance Sheet of Kanchan Oil Industries Limited filed with the ROC?

    The most recent Balance Sheet for Kanchan Oil Industries Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Edible Oils & Cooking Fats