Oilchem Industries Private Limited

Manufacturer and dealer of oil, chemicals, and gases, including refining, reprocessing, and recovery services.

2020 | Valsad, Gujarat (India) | Active
Last Updated: December 12, 2024

Oilchem Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.65 Cr
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.32 Cr
  • Satisfied Charges ₹ 6.03 Cr
  • Revenue Growth -27.91%
  • Profit Growth -22.46%
  • Ebitda 45.21%
  • Net Worth 16.04%
  • Total Assets 19.81%

About Oilchem Industries

Oilchem Industries Private Limited (OIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 December 2020 (Four years and one month 9 days old ). Its registered office is in Valsad, Gujarat, 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 2.00 Cr and a paid-up capital of Rs 1.65 Cr.

The company currently has active open charges totaling ₹14.32 Cr. The company has closed loans amounting to ₹6.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Oilchem Industries Private Limited India is Javed Surati as CEO. Mohanbhai Nanda and Shitalben Nanda serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24290GJ2020PTC119083

  • Company No.

    119083

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 2020

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Oilchem Industries Private Limited offer?

Oilchem Industries Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Automotive Oils, Lubricating Oil, Petroleum and Petrochemical Products, Liquid Paraffin, Machine Oils, Engine Oil.

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

Executive Team (1)

Name Designation Appointment Date Status
Javed Surati CEO 29-Sep-2023 Current

Board Members (2)

Name Designation Appointment Date Status
Mohanbhai Nanda Country flag representing In Additional Director 11-Apr-2024 Current
Shitalben Nanda Additional Director 11-Apr-2024 Current

Financial Performance of Oilchem Industries.

Oilchem Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.91% decrease. The company also saw a substantial fall in profitability, with a 22.46% decrease in profit. The company's net worth Soared by an impressive increase of 16.04%.

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
-27.91%
Revenue from Operations
-27.88%
Total Assets
19.81%
Profit or Loss
-22.46%
Net Worth
16.04%
EBITDA
45.21%

What is the Ownership and Shareholding Structure of Oilchem Industries?

In 2023, Oilchem Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.32 Cr

Satisfied Charges

₹6.03 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.32 Cr

Latest Charge Details

Date Lender Amount Status
26 Dec 2023 Axis Bank Limited ₹7.16 Cr Open
12 Jan 2023 Axis Bank Limited ₹7.16 Cr Open
15 Jun 2021 Others ₹3.02 Cr Satisfied
31 Mar 2021 Others ₹3.02 Cr Satisfied

How Many Employees Work at Oilchem Industries?

Oilchem Industries has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Oilchem 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 Oilchem 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 Oilchem Industries

Recent activity within the organization

  • Director Appointment

    Mohanbhai Parsotambhai Nanda was appointed as a Additional Director was appointed as a Additional Director on 11 Apr 2024 & has been associated with this company since 9 months 24 days .

    11 Apr 2024

  • Director Appointment

    Shitalben Mohanbhai Nanda was appointed as a Additional Director was appointed as a Additional Director on 11 Apr 2024 & has been associated with this company since 9 months 24 days .

    11 Apr 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.16 Cr with Charge ID 100843480 was registered on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 7.16 Cr registered on 12 Jan 2023 with Charge ID 100674295 was modified on 21 Dec 2023.

    21 Dec 2023

  • Annual General Meeting

    Oilchem Industries Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Javed Khurshid Surati was appointed as a Ceo was appointed as a Ceo on 29 Sep 2023 & has been associated with this company since 1 year 4 months .

    29 Sep 2023

Frequently asked questions

  • Oilchem Industries Private Limited was incorporated on 24 Dec 2020.

  • The authorized share capital of Oilchem Industries Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.65 Cr.

  • Currently 3 directors are associated with Oilchem Industries Private Limited.

    • Mohanbhai Parsotambhai Nanda
    • Shitalben Mohanbhai Nanda
    • Javed Khurshid Surati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Oilchem Industries Private Limited is Plot No. 5/14 Ncwi Zone Nargol Char Rasta Gidc, India, Sarigam, Gujarat, 396155.

  • The corporate identification number (CIN) of Oilchem Industries Private Limited is U24290GJ2020PTC119083 and the company number is 119083 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Oilchem Industries Private Limited is https://www.oilchem.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Oilchem Industries Private Limited has fallen by -27.91%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Oilchem Industries Private Limited has experienced an upsurge of 16.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Oilchem Industries Private Limited amount to ₹ 14.32 Cr.

  • The most recent Balance Sheet for Oilchem Industries Private Limited was filed with the ROC on 31 Mar 2023.

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