Sun Petrochemicals Private Limited

Produces acetylene carbon black for various industrial applications and has a hydrocarbon exploration division.

1995 | Vadodara, Gujarat (India) | Active
Last Updated: December 24, 2024

Sun Petrochemicals Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 9.17 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,345.00 Cr
  • Satisfied Charges ₹ 40.50 Cr
  • Revenue Growth 268.77%
  • Profit Growth 1778.69%
  • Ebitda 430.68%
  • Net Worth 1687.83%
  • Total Assets 114.02%

About Sun Petrochemicals

Sun Petrochemicals Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 1995 and has a history of 29 years and two months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Sunrise Petrochemicals Private Limited. The Company is engaged in the Metals And Minerals 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 30.00 Cr and a paid-up capital of Rs 9.17 Cr.

The company currently has active open charges totaling ₹2,345.00 Cr. The company has closed loans amounting to ₹40.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sun Petrochemicals Private Limited India are Nidhi Vora as COMPANY SECRETARY and Vishal Mehta as Cfo. Sudhir Valia, Dilip Shanghvi, Jayesh Shanghvi, and Six other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sunpetro.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24219GJ1995PTC028519

  • Company No.

    028519

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1995

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals
Energy and Power

What products or services does Sun Petrochemicals Private Limited offer?

Sun Petrochemicals Private Limited offers a wide range of products and services, including Color Pigment, Carbon Black.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Dilip Shanghvi Country flag representing In Managing Director21-Dec-1995Current
Nidhi Vora Country flag representing In Company Secretary01-Jun-2023Current
Vishal Mehta CFO21-Jul-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Jimmi Desai Country flag representing In Director 23-Jan-2020Current
Sudhir Valia Country flag representing In Director 11-Mar-1999Current
Jayesh Shanghvi Country flag representing In Director 04-May-2023Current
Karishma Shanghvi Country flag representing In Whole-Time Director 02-Apr-2012Current
Vibha Shanghvi Country flag representing In Director 03-Mar-2021Current
Vidhi Shanghvi Country flag representing In Director 24-Mar-2022Current

Financial Performance of Sun Petrochemicals.

Sun Petrochemicals Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 268.77% increase. The company also saw a substantial improvement in profitability, with a 1778.69% increase in profit. The company's net worth Soared by an impressive increase of 1687.83%.

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
268.77%
Revenue from Operations
273.36%
Total Assets
114.02%
Profit or Loss
1778.69%
Net Worth
1687.83%
EBITDA
430.68%

What is the Ownership and Shareholding Structure of Sun Petrochemicals?

In 2023, Sun Petrochemicals had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,345.00 Cr

Satisfied Charges

₹40.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 1170.00 Cr
  • Axis Bank Limited : 499.00 Cr
  • Yes Bank Limited : 350.00 Cr
  • Hdfc Bank Limited : 326.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2023Axis Bank Limited₹499.00 CrOpen
18 Jan 2023Hdfc Bank Limited₹326.00 CrOpen
06 Oct 2022Yes Bank Limited₹350.00 CrOpen
26 Jul 2022Others₹520.00 CrOpen
15 Mar 2022Others₹450.00 CrOpen

How Many Employees Work at Sun Petrochemicals?

Sun Petrochemicals has a workforce of 148 employees as of Apr 30, 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 Sun 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 Sun 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 Sun Petrochemicals

Recent activity within the organization

  • Annual General Meeting

    Sun Petrochemicals Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Sun Petrochemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Nidhi Suryakant Vora was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2023 & has been associated with this company since 1 year 8 months .

    01 Jun 2023

  • Director Appointment

    Jayesh Nanalal Shanghvi was appointed as a Director was appointed as a Director on 04 May 2023 & has been associated with this company since 1 year 9 months .

    04 May 2023

  • Director Appointment

    Sailesh Trambaklal Desai was appointed as a Director was appointed as a Director on 04 May 2023 & has been associated with this company since 1 year 9 months .

    04 May 2023

  • Director Appointment

    Hitesh Rasiklal Sheth was appointed as a Director was appointed as a Director on 04 May 2023 & has been associated with this company since 1 year 9 months .

    04 May 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Sun Petrochemicals Private Limited was incorporated on 21 Dec 1995.

  • The authorized share capital of Sun Petrochemicals Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 9.17 Cr.

  • Currently 11 directors are associated with Sun Petrochemicals Private Limited.

    • Sudhir Vrundavandas Valia
    • Dilip Shantilal Shanghvi
    • Jayesh Nanalal Shanghvi
    • Jimmi Vaghji Desai
    • Karishma Aalok Shanghvi
    • Vibha Dilip Shanghvi
    • Vidhi Dilip Shanghvi
    • Sailesh Trambaklal Desai
    • Nidhi Suryakant Vora
    • Hitesh Rasiklal Sheth
    • Vishal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sun Petrochemicals Private Limited is Ground Floor Synergy House No. 1 Subhanpura Road, India, Vadodara, Gujarat, 390003.

  • The corporate identification number (CIN) of Sun Petrochemicals Private Limited is U24219GJ1995PTC028519 and the company number is 028519 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sun Petrochemicals Private Limited is https://www.sunpetro.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sun Petrochemicals Private Limited has risen by 268.77%.

  • As Per 2022 financial reports, 148 employees are currently employed by Sun Petrochemicals Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sun Petrochemicals Private Limited has experienced an upsurge of 1687.83%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sun Petrochemicals Private Limited amount to ₹ 2,345.00 Cr.

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

People also Viewed

Similar Companies Based on Oil & Gas Exploration & Production