Ongc Petro Additions Limited

Joint venture producing petrochemical products using various feedstock in Gujarat.

2006 | Vadodara, Gujarat (India) | Active
Last Updated:

Ongc Petro Additions Profile

Key Indicators

  • Authorised Capital ₹ 30,000.00 Cr
  • Paid Up Capital ₹ 17,174.97 Cr
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21,699.00 Cr
  • Satisfied Charges ₹ 6,130.00 Cr
  • Revenue Growth -8.94%
  • Profit Growth -677.23%
  • Ebitda -82.26%
  • Net Worth -86.46%
  • Total Assets -2.35%

About Ongc Petro Additions

Ongc Petro Additions Limited (OPAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 November 2006 and has a history of 18 years and four months. Its registered office is in Vadodara, 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 2024. It's a company limited by shares with an authorized capital of Rs 30,000.00 Cr and a paid-up capital of Rs 17,174.97 Cr.

The company currently has active open charges totaling ₹21,699.00 Cr. The company has closed loans amounting to ₹6,130.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ongc Petro Additions Limited India are Rakesh Johari as COMPANY SECRETARY and Atul Chaturvedi as Cfo. Sanjay Varma, Muthu Kumar, Aloke Banerjee, and Nine other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23209GJ2006PLC060282

  • Company No.

    060282

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2006

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Ongc Petro Additions Limited offer?

Ongc Petro Additions Limited offers a wide range of products and services, including Rubber & Rubber Products, Synthetic Rubbers, Organic and Inorganic Solvents, Aromatic Hydrocarbon Solvent, PET Granules & Plastic Raw Material, Plastic Granules.

Who are the key members and board of directors at Ongc Petro Additions?

Executive Team (3)

NameDesignationAppointment DateStatus
Gurinder Singh Country flag representing In Managing Director19-Aug-2022Current
Rakesh Johari Country flag representing In Company Secretary27-Jun-2024Current
Atul Chaturvedi CFO24-Jul-2024Current

Board Members (11)

NameDesignationAppointment DateStatus
Deepak Gupta Country flag representing In Director 04-May-2023Current
Sanjay Varma Country flag representing In Whole-Time Director 21-Sep-2024Current
Muthu Kumar Country flag representing In Director 23-May-2024Current
Aloke Banerjee Country flag representing In Director 26-Aug-2014Current
Ramaswamy Jagannathan Country flag representing In Director 12-May-2021Current
Arun Singh Country flag representing In Director 22-Feb-2023Current

Financial Performance of Ongc Petro Additions.

Ongc Petro Additions Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.94% decrease. The company also saw a substantial fall in profitability, with a 677.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 86.46%.

Ongc Petro Additions revenue growth over time
Ongc Petro Additions 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
-8.94%
Revenue from Operations
-9.06%
Total Assets
-2.35%
Profit or Loss
-677.23%
Net Worth
-86.46%
EBITDA
-82.26%

What is the Ownership and Shareholding Structure of Ongc Petro Additions?

In 2022, Ongc Petro Additions had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21,699.00 Cr

Satisfied Charges

₹6,130.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 21699.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2020Sbicap Trustee Company Limited₹2,959.00 CrOpen
05 Jul 2019Sbicap Trustee Company Limited₹1,445.00 CrOpen
30 May 2017Sbicap Trustee Company Limited₹214.00 CrOpen
05 Jan 2017Sbicap Trustee Company Limited₹300.00 CrOpen
05 Jan 2017Sbicap Trustee Company Limited₹300.00 CrOpen

How Many Employees Work at Ongc Petro Additions?

Ongc Petro Additions has a workforce of 897 employees as of Apr 09, 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 Ongc Petro Additions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ongc Petro Additions, 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 Ongc Petro Additions'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 Ongc Petro Additions

Recent activity within the organization

  • Annual General Meeting

    Ongc Petro Additions Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sanjay Varma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 21 Sep 2024 & has been associated with this company since 6 months 6 days .

  • Director Appointment

    Atul Kumar Chaturvedi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Jul 2024 & has been associated with this company since 8 months 3 days .

  • Director Appointment

    Atul Kumar Chaturvedi was appointed as a Cfo was appointed as a Cfo on 24 Jul 2024 & has been associated with this company since 8 months 3 days .

  • Director Appointment

    Rakesh Johari was appointed as a Company Secretary was appointed as a Company Secretary on 27 Jun 2024 & has been associated with this company since 9 months .

  • Director Appointment

    Dipti Vasant Sanzgiri was appointed as a Director was appointed as a Director on 28 May 2024 & has been associated with this company since 9 months 30 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Ongc Petro Additions Limited?

    Ongc Petro Additions Limited was incorporated on 15 Nov 2006.

  • What is authorized share capital and paid-up capital of Ongc Petro Additions Limited?

    The authorized share capital of Ongc Petro Additions Limited is ₹ 30,000.00 Cr and paid-up capital is ₹ 17,174.97 Cr.

  • Who are the current board members & directors of Ongc Petro Additions Limited?

    Currently 14 directors are associated with Ongc Petro Additions Limited.

    • Sanjay Varma
    • Muthu Raju Paravasa Raju Vijay Kumar
    • Aloke Kumar Banerjee
    • Ramaswamy Jagannathan
    • Arun Kumar Singh
    • Dipti Vasant Sanzgiri
    • Prasoon Kumar
    • Pankaj Kumar
    • Deepak Gupta
    • Gurinder Singh
    • Satish Kumar Dwivedi
    • Atul Kumar Chaturvedi
    • Rakesh Johari
    • Atul Kumar Chaturvedi

  • What is the registered address of Ongc Petro Additions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ongc Petro Additions Limited is 4Th Floor 35, Nutan Bharat Co-Operative Housing So Ciety Ltd. India, R C Dutt Road Alkapuri, Gujarat, 390007.

  • What is the corporate identification number (CIN) and company number of Ongc Petro Additions Limited?

    The corporate identification number (CIN) of Ongc Petro Additions Limited is U23209GJ2006PLC060282 and the company number is 060282 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ongc Petro Additions Limited?

    The Official website of Ongc Petro Additions Limited is https://www.opalindia.in

  • What has been the recent revenue trend for Ongc Petro Additions Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ongc Petro Additions Limited has fallen by -8.94%.

  • How many employees does Ongc Petro Additions Limited currently have?

    As Per 2023 financial reports, 897 employees are currently employed by Ongc Petro Additions Limited.

  • What change has been observed in the net worth of Ongc Petro Additions Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ongc Petro Additions Limited has experienced an downturn of -86.46%.

  • What are the total open charges for Ongc Petro Additions Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ongc Petro Additions Limited amount to ₹ 21,699.00 Cr.

  • When was the last Balance Sheet of Ongc Petro Additions Limited filed with the ROC?

    The most recent Balance Sheet for Ongc Petro Additions Limited was filed with the ROC on 31 Mar 2024.

People also Viewed