Newage Petro & Conchem Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 08-01-2025
- Paid Up Capital ₹ 5.00 M
as on 08-01-2025
- Company Age 30 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.95 Cr
as on 08-01-2025
- Satisfied Charges ₹ 14.53 Cr
as on 08-01-2025
- Revenue 6.63%
(FY 2022)
- Profit -97.04%
(FY 2022)
- Ebitda -46.28%
(FY 2022)
- Net Worth 1.03%
(FY 2022)
- Total Assets 5.21%
(FY 2022)
About Newage Petro & Conchem
The Corporate was formerly known as Newage Industrial Oils Pvt Ltd. 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹7.95 Cr. The company has closed loans amounting to ₹14.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashokkumar Vyas, Girish Bhojak, and Shweta Bhojak serve as directors at the Company.
- CIN/LLPIN
U15147GJ1994PTC022003
- Company No.
022003
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- LocationBaroda, Gujarat
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Newage Petro & Conchem?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashokkumar Vyas  | Managing Director | 22-Jan-2007 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Girish Bhojak | Whole-Time Director | 01-Apr-2008 | Current |
| Shweta Bhojak | Director | 01-Apr-2009 | Current |
Financial Performance of Newage Petro & Conchem.
Newage Petro & Conchem Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.63% increase. The company also saw a substantial fall in profitability, with a 97.04% decrease in profit. The company's net worth moved up by a moderate rise of 1.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Newage Petro & Conchem?
In 2022, Newage Petro & Conchem had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹79.45 M
₹145.27 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 7.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2020 | Axis Bank Limited | ₹1.35 M | Open |
| 22 Sep 2014 | Axis Bank Limited | ₹7.81 Cr | Open |
| 21 Nov 2014 | Axis Bank Limited | ₹4.86 Cr | Satisfied |
| 29 Mar 2014 | Indusind Bank Ltd. | ₹4.51 Cr | Satisfied |
| 02 Mar 2007 | Punjab National Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Newage Petro & Conchem?
Newage Petro & Conchem has a workforce of 21 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 Newage Petro & Conchem, 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 Newage Petro & Conchem'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.
