Vardan Petrochemicals Profile
Key Indicators
- Authorised Capital ₹ 1.15 Cr
as on 23-10-2024
- Paid Up Capital ₹ 1.15 Cr
as on 23-10-2024
- Company Age 25 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.60 Cr
as on 23-10-2024
- Satisfied Charges ₹ 2.96 Cr
as on 23-10-2024
- Revenue -34.82%
(FY 2023)
- Profit 47.92%
(FY 2023)
- Ebitda -14.57%
(FY 2023)
- Net Worth 5.73%
(FY 2023)
- Total Assets -4.19%
(FY 2023)
About Vardan Petrochemicals
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 1.15 Cr and a paid-up capital of Rs 1.15 Cr.
The company currently has active open charges totaling ₹14.60 Cr. The company has closed loans amounting to ₹2.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Girish Bhojak, Ushaben Bhojak, and Suraj Nayak serve as directors at the Company.
- CIN/LLPIN
U24110GJ1999PTC035894
- Company No.
035894
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Apr 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Bharuch, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Vardan Petrochemicals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Girish Bhojak  | Managing Director | 29-Apr-1999 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ushaben Bhojak | Director | 01-Apr-2008 | Current |
| Suraj Nayak | Director | 01-Jan-2017 | Current |
Financial Performance of Vardan Petrochemicals.
Vardan Petrochemicals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.82% decrease. The company also saw a substantial improvement in profitability, with a 47.92% increase in profit. The company's net worth moved up by a moderate rise of 5.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vardan Petrochemicals?
In 2023, Vardan Petrochemicals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Banas Waste Management LlpActive 5 years 9 monthsGirish Bhojak and Ushaben Bhojak are mutual person
Charges (Loans)
₹14.60 Cr
₹2.96 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 14.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2014 | Axis Bank Limited | ₹7.30 Cr | Open |
| 22 Jul 2014 | Axis Bank Limited | ₹7.30 Cr | Open |
| 30 Oct 2007 | Kotak Mahindra Bank Limited | ₹2.50 M | Satisfied |
| 04 Dec 1999 | Punjab National Bank | ₹2.71 Cr | Satisfied |
How Many Employees Work at Vardan Petrochemicals?
Vardan Petrochemicals has a workforce of 18 employees as of Apr 09, 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 Vardan 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 Vardan Petrochemicals'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.
