Asia LPG Private Limited
About Asia LPG Private Limited
Data last updated:
Asia LPG Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Eastern Gases Ltd. It operates in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 17 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U00315KA1994PTC015122. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹32.1 Lakh. It is led by directors Sushil Kumar Bhansali and Manika Mukherjee.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 124/1 Budihal Village Nelamangala Taluk, Bangalore, Karnataka, India – 562123.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.32 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹39.66 Lakh (net margin -30%) and EBITDA of -₹38.62 Lakh (EBITDA margin -29.2%).
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.5 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 1 deal on record (1 acquisition); the latest was in February 2017.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Asia LPG Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address124/1 Budihal Village Nelamangala Taluk, Bangalore, Karnataka, India – 562123
- IndustryEnergy and Power, Oil & Gas Infrastructure Services, Oil & Gas Marketing Services
To see the full contact details of Asia LPG Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Asia LPG is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Asia LPG Private Limited, buy the company report.
Financials of Asia LPG Private Limited
FY 2019 filings availableAsia LPG Private Limited reported revenue of ₹1.32 Cr (up 547% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 547% in the latest year. EBITDA fell 310% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.32 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹38.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹39.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.2% | ||||
| Net Profit Margin | -30% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Asia LPG Private Limited, buy the company report.
Board of directors of Asia LPG Private Limited
Asia LPG has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Bhansali | Director | 31 Jul 2013 | 13 Years 3 Months | Current |
| Manika Mukherjee | Director | 01 Feb 2019 | 7 Years 9 Months | Current |
Auditor
Asia LPG Private Limited is audited by A K TEWARI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K TEWARI & CO | FY 2019 | 323371E |
Shareholding
The shareholding of Asia LPG Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asia LPG Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2000 | 80028750 | Karnataka State Financial Corporation | ₹1 Cr | Satisfied | |
| 30 Dec 1999 | 80028751 | Karnataka State Financial Corporation | ₹76 Lakh | Satisfied | |
| 26 Oct 1994 | 80030348 | Syndicate Bank | ₹10 Lakh | Satisfied | |
| 04 Jul 1994 | 80029622 | Karnataka State Financial Corporation | ₹63.6 Lakh | Satisfied |
To see the full charge records of Asia LPG Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Asia LPG Private Limited has 1 deal on record (1 acquisition); the latest was in February 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Acquisition | Undisclosed | Buyer: Eastern Gases Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asia LPG Private Limited has 5 court cases on record: 2 filed by Asia LPG, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.I.D) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Employees Provident Fund Organisation | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Finance Dept by Secy | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State & Ors | Disposed |
To see the full case history of Asia LPG Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asia LPG Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asia LPG Private Limited has a workforce of 13 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Asia LPG has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asia LPG Private Limited, buy the company report.
Recent activity
Asia LPG Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Manika Mukherjee ceased to be Director on 01 Apr 2021.
8 earlier events are in the company report.
Frequently asked questions
Asia LPG is an active private limited company based in Bangalore, Karnataka, India. The company works in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 17 January 1994 (32+ years old) and is registered under CIN U00315KA1994PTC015122.
Asia LPG has 2 current directors:
- Sushil Kumar Bhansali - Director
- Manika Mukherjee - Director
The latest financial statements of Asia LPG on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Asia LPG has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Asia LPG is U00315KA1994PTC015122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asia LPG has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the high courts.
Asia LPG was incorporated on 17 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Asia LPG has 1 deal on record (1 acquisition); the latest was in February 2017.
Manika Mukherjee ceased to be Director on 01 Apr 2021. Sushil Kumar Bhansali ceased to be Director on 05 Feb 2020. Manika Mukherjee was appointed as Director on 01 Feb 2019. Asia LPG has 9 board changes on record in total.
The registered office of Asia LPG is at 1241 Budihal Village Nelamangala Taluk, Bangalore, Karnataka, India – 562123.
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