Recon Oil Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 6.19 M
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 34.80 Cr
- Satisfied Charges ₹ 17.20 Cr
- Revenue Growth 0.61%
- Profit Growth 7.03%
- Ebitda 14.03%
- Net Worth 8.56%
- Total Assets -1.98%
About Recon Oil Industries
Recon Oil Industries Private Limited (ROIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 April 1991 and has a history of 33 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Recon Oil Industries 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.19 M.
The company currently has active open charges totaling ₹34.80 Cr. The company has closed loans amounting to ₹17.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Iqbal Ahmed, Mohammed Ahmed, Imran Sulia, and One other member serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U15140MH1991PTC061392
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Company No.
061392
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Apr 1991
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Recon Oil Industries Private Limited offer?
Recon Oil Industries Private Limited offers a wide range of products and services, including Cooking Oil, Sesame Oil, Mustard Oil, Kachi Ghani Mustard Oil, Incense Sticks, Sandalwood Incense Sticks, Cold Pressed Oil, Aromatic Incense Sticks, Pooja Articles, Lamp Oil.
Who are the key members and board of directors at Recon Oil Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Iqbal Ahmed
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Managing Director | 25-Apr-1991 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Imran Sulia
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Whole-Time Director | 15-Oct-1992 | Current |
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Mohammed Ahmed
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Director | 08-Aug-2023 | Current |
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Afzal Ahmed
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Whole-Time Director | 15-Oct-1992 | Current |
Financial Performance of Recon Oil Industries.
Recon Oil Industries Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.61% increase. The company also saw a slight improvement in profitability, with a 7.03% increase in profit. The company's net worth moved up by a moderate rise of 8.56%.
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What is the Ownership and Shareholding Structure of Recon Oil Industries?
In 2023, Recon Oil Industries had a promoter holding of 80.00% and a public holding of 20.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Recon Realtors And Developers Private LimitedIqbal Ahmed, Mohammed Ahmed and 2 more are mutual person
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Recon Exim India Private Limited
Iqbal Ahmed, Mohammed Ahmed and 1 more are mutual person
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Recon Agro Oils Trading Private Limited
Iqbal Ahmed and Mohammed Ahmed are mutual person
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Miuma Microceuticals LlpIqbal Ahmed is a mutual person
Charges (Loans)
₹34.80 Cr
₹17.20 Cr
Charges Breakdown by Lending Institutions
- Others : 34.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2021 | Others | ₹21.80 Cr | Open |
| 16 Apr 2016 | Others | ₹13.00 Cr | Open |
| 06 Jul 2006 | State Bank Of India | ₹4.25 Cr | Satisfied |
| 06 Jul 2006 | State Bank Of India | ₹4.25 Cr | Satisfied |
| 06 Jul 2006 | State Bank Of India | ₹4.25 Cr | Satisfied |
How Many Employees Work at Recon Oil Industries?
Recon Oil Industries has a workforce of 220 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 Recon 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 Recon Oil Industries'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.