Thakor Reductant Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.98 M
- Company Age 29 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.79 Cr
- Satisfied Charges ₹ 17.01 Cr
- Revenue Growth 48.79%
- Profit Growth 12.94%
- Ebitda 3.53%
- Net Worth 4.06%
- Total Assets -5.82%
About Thakor Reductant
Thakor Reductant Private Limited (TRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 1995 and has a history of 29 years and seven months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Thakor Reductants 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.98 M.
The company currently has active open charges totaling ₹26.79 Cr. The company has closed loans amounting to ₹17.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
Naresh Mandlewala and Yogesh Mandlewala serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, 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
U65910GJ1995PTC026300
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Company No.
026300
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Jun 1995
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Thakor Reductant Private Limited offer?
Thakor Reductant Private Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Lubricating Oil, Perfume and Fragrances, Perfumes, Hydraulic Oils, Engine Oil, Flavours & Aromatics, Food Stabilizer, Metalworking Lubricants, FRP Lining, PU & Powder Coatings.
Who are the key members and board of directors at Thakor Reductant?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Naresh Mandlewala
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Director | 25-Jan-2022 | Current |
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Yogesh Mandlewala
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Director | 25-Jan-2022 | Current |
Financial Performance of Thakor Reductant.
Thakor Reductant Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.79% increase. The company also saw a substantial improvement in profitability, with a 12.94% increase in profit. The company's net worth moved up by a moderate rise of 4.06%.
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What is the Ownership and Shareholding Structure of Thakor Reductant?
In 2023, Thakor Reductant had a promoter holding of 13.50% and a public holding of 86.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹267.85 M
₹170.13 M
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 21.10 Cr
- Others : 5.69 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jul 2021 | Others | ₹5.20 M | Open |
| 13 Dec 2018 | The South Indian Bank Limited | ₹3.50 Cr | Open |
| 04 Dec 2017 | Others | ₹0.97 M | Open |
| 01 Dec 2017 | Others | ₹0.68 M | Open |
| 30 Apr 2016 | Others | ₹5.00 Cr | Open |
How Many Employees Work at Thakor Reductant?
Thakor Reductant has a workforce of 12 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Thakor Reductant, 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 Thakor Reductant'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.
