Shikhar Oils Private Limited

Produces various types of refined petroleum products such as lubricant oil and engine oil.

2009 | Indore, Madhya Pradesh (India) | Active
Last Updated: January 03, 2025

Shikhar Oils Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.00 M
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.70 Cr
  • Revenue Growth -74.08%
  • Profit Growth -175.41%
  • Ebitda 42.57%
  • Net Worth -14.07%
  • Total Assets -14.23%

About Shikhar Oils

Shikhar Oils Private Limited (SOPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2009 and has a history of 15 years and eight months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Shikhar Sai Oils Private Limited. 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 7.50 M and a paid-up capital of Rs 7.00 M.

The company currently has active open charges totaling ₹1.70 Cr.

Namita Patwa, Shrikant Patwa, and Shikhar Patwa serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23200MP2009PTC021900

  • Company No.

    021900

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Chemicals and Materials

Who are the key members and board of directors at Shikhar Oils?

Board Members (3)

Name Designation Appointment Date Status
Shrikant Patwa Country flag representing In Director 30-Dec-2023 Current
Namita Patwa Country flag representing In Director 12-May-2009 Current
Shikhar Patwa Country flag representing In Director 10-Dec-2020 Current

Financial Performance of Shikhar Oils.

Shikhar Oils Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 74.08% decrease. The company also saw a substantial fall in profitability, with a 175.41% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.07%.

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
-74.08%
Revenue from Operations
-74.02%
Total Assets
-14.23%
Profit or Loss
-175.41%
Net Worth
-14.07%
EBITDA
42.57%

What is the Ownership and Shareholding Structure of Shikhar Oils?

In 2020, Shikhar Oils 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

₹17.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.70 Cr

Latest Charge Details

Date Lender Amount Status
23 Jul 2011 State Bank Of India ₹1.70 Cr Open

How Many Employees Work at Shikhar Oils?

Unlock and access historical data on people associated with Shikhar Oils, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shikhar Oils, 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 Shikhar Oils'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 Shikhar Oils

Recent activity within the organization

  • Annual General Meeting

    Shikhar Oils Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shikhar Oils Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Shrikant Patwa was appointed as a Director was appointed as a Director on 30 Dec 2023 & has been associated with this company since 1 year 1 month .

    30 Dec 2023

  • Director Appointment

    Shikhar Patwa was appointed as a Director was appointed as a Director on 10 Dec 2020 & has been associated with this company since 4 years 1 month .

    10 Dec 2020

  • Charges

    A charge with State Bank Of India of Rs. 17.00 M registered on 23 Jul 2011 with Charge ID 10303625 was modified on 27 Mar 2012.

    27 Mar 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 17.00 M with Charge ID 10303625 was registered on 23 Jul 2011.

    23 Jul 2011

Frequently asked questions

  • Shikhar Oils Private Limited was incorporated on 12 May 2009.

  • The authorized share capital of Shikhar Oils Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.00 M.

  • Currently 3 directors are associated with Shikhar Oils Private Limited.

    • Namita Patwa
    • Shrikant Patwa
    • Shikhar Patwa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shikhar Oils Private Limited is 202 Nobel Apartment 12/3, Old Palasia India, Indore, Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Shikhar Oils Private Limited is U23200MP2009PTC021900 and the company number is 021900 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Shikhar Oils Private Limited has fallen by -74.08%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Shikhar Oils Private Limited has experienced an downturn of -14.07%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Shikhar Oils Private Limited amount to ₹ 1.70 Cr.

  • The most recent Balance Sheet for Shikhar Oils Private Limited was filed with the ROC on 31 Mar 2024.

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