Rajiv Petrochemicals Pvt Ltd

This company trades various polymers, films, and seeds and acts as a consignment agent for plastic granules.

1993 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 07, 2024

Rajiv Petrochemicals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.19 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 132.84 Cr
  • Satisfied Charges ₹ 154.07 Cr
  • Revenue Growth -22.16%
  • Profit Growth -27.44%
  • Ebitda -46.12%
  • Net Worth 9.97%
  • Total Assets 13.73%

About Rajiv Petrochemicals

Rajiv Petrochemicals Pvt Ltd (RPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 October 1993 and has a history of 31 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 4.19 Cr.

The company currently has active open charges totaling ₹132.84 Cr. The company has closed loans amounting to ₹154.07 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jitendrakumar Patel, Sajag Mehta, and Rajiv Mehta serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U23209GJ1993PTC020527

  • Company No.

    020527

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Oct 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Rajiv Petrochemicals Pvt Ltd offer?

Rajiv Petrochemicals Pvt Ltd offers a wide range of products and services, including Bulk Bags & Sacks, Woven Bags.

Who are the key members and board of directors at Rajiv Petrochemicals?

Executive Team (1)

Name Designation Appointment Date Status
Rajiv Mehta Country flag representing In Managing Director 27-Oct-1993 Current

Board Members (2)

Name Designation Appointment Date Status
Jitendrakumar Patel Country flag representing In Director 16-Nov-1999 Current
Sajag Mehta Country flag representing In Director 22-Dec-2022 Current

Financial Performance of Rajiv Petrochemicals.

Rajiv Petrochemicals Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.16% decrease. The company also saw a substantial fall in profitability, with a 27.44% decrease in profit. The company's net worth moved up by a moderate rise of 9.97%.

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
-22.16%
Revenue from Operations
-22.95%
Total Assets
13.73%
Profit or Loss
-27.44%
Net Worth
9.97%
EBITDA
-46.12%

What is the Ownership and Shareholding Structure of Rajiv Petrochemicals?

In 2023, Rajiv Petrochemicals had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹132.84 Cr

Satisfied Charges

₹154.07 Cr

Charges Breakdown by Lending Institutions

  • Others : 72.29 Cr
  • Axis Bank Limited : 35.23 Cr
  • State Bank Of India : 25.00 Cr
  • Hdfc Bank Limited : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
20 Jan 2024 Axis Bank Limited ₹35.00 Cr Open
16 Aug 2023 Others ₹20.00 Cr Open
20 Dec 2021 Axis Bank Limited ₹2.32 M Open
15 Sep 2021 Hdfc Bank Limited ₹0.77 M Open
15 Sep 2021 Hdfc Bank Limited ₹1.45 M Open

How Many Employees Work at Rajiv Petrochemicals?

Rajiv Petrochemicals has a workforce of 3 employees as of Apr 08, 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 Rajiv Petrochemicals, 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 Rajiv Petrochemicals'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 Rajiv Petrochemicals

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100853912 was registered on 20 Jan 2024.

    20 Jan 2024

  • Annual General Meeting

    Rajiv Petrochemicals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 16 Aug 2023 with Charge ID 100777579 was modified on 25 Aug 2023.

    25 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100777579 was registered on 16 Aug 2023.

    16 Aug 2023

  • Charges

    A charge registered on 29 Jun 2020 via Charge ID 100350985 with State Bank Of India was fully satisfied on 02 May 2023.

    02 May 2023

  • Balance Sheet

    Rajiv Petrochemicals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Rajiv Petrochemicals Pvt Ltd was incorporated on 27 Oct 1993.

  • The authorized share capital of Rajiv Petrochemicals Pvt Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.19 Cr.

  • Currently 3 directors are associated with Rajiv Petrochemicals Pvt Ltd.

    • Jitendrakumar Ratilal Patel
    • Sajag Kumarbhai Mehta
    • Rajiv Vastupal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajiv Petrochemicals Pvt Ltd is Rajiv House 4 Smrutikununr Swastick Cross Road, Ahmedabad, Gujarat, India, 380009.

  • The corporate identification number (CIN) of Rajiv Petrochemicals Pvt Ltd is U23209GJ1993PTC020527 and the company number is 020527 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rajiv Petrochemicals Pvt Ltd is https://www.rajivgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rajiv Petrochemicals Pvt Ltd has fallen by -22.16%.

  • As Per 2023 financial reports, 3 employees are currently employed by Rajiv Petrochemicals Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rajiv Petrochemicals Pvt Ltd has experienced an upsurge of 9.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rajiv Petrochemicals Pvt Ltd amount to ₹ 132.84 Cr.

  • The most recent Balance Sheet for Rajiv Petrochemicals Pvt Ltd was filed with the ROC on 31 Mar 2023.

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