About Asphalt One Private Limited
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Asphalt One Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 25 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U23109WB1987PTC041952. Its GSTIN is 19AAACV9066E1Z2 (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹99.72 Lakh. It was formerly known as Vaneeta Petrochem Industries Pvt Ltd. It is led by directors including Aryan Pareek and Vikas Pareek.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 67 Maharshi Debendra Road, Kolkata, West Bengal, India – 700006.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.68 Cr, a growth of 98% compared to the previous year. For the same year it recorded a net profit of ₹36.75 Lakh (net margin 1.4%) and EBITDA of ₹1.01 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 30% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.26 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asphaltone.in.
Company details
Contact details
Asphalt One Private Limited's registered office is in Kolkata, West Bengal. Its website is asphaltone.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address67 Maharshi Debendra Road, Kolkata, West Bengal, India – 700006
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Asphalt One 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 Asphalt One is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Asphalt One Private Limited, buy the company report.
Financials of Asphalt One Private Limited
FY 2025 filings availableAsphalt One Private Limited reported revenue of ₹25.68 Cr (up 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 98% growth in the latest year. EBITDA rose 80% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.01 Cr | ||||
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| Net Profit (PAT) | ₹36.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Asphalt One Private Limited, buy the company report.
Board of directors of Asphalt One Private Limited
Asphalt One has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aryan Pareek | Director | 17 May 2022 | 4 Years 5 Months | Current |
| Vikas Pareek Also directs: Mundhara Infracon LLP, Natural Petro Products Private Limited, Allied Bitumen Complex India Pvt Ltd and 3 more | Director | 17 May 2022 | 4 Years 5 Months | Current |
| Ashok Kumar Palriwal | Director | 01 Dec 2001 | 24 Years 10 Months | Current |
Auditor
Asphalt One Private Limited is audited by Baid Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Baid Shah & Co. | FY 2023 | 328884E |
Shareholding
The shareholding of Asphalt One Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asphalt One Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2024 | 100941363 | Others | ₹15 Cr | Open | |
| 12 May 2023 | 100739397 | Hdfc Bank Limited | ₹55 Lakh | Open | |
| 18 Apr 2023 | 100713883 | Others | ₹4 Cr | Open | |
| 12 Aug 2020 | 100367344 | Others | ₹2.91 Cr | Open | |
| 27 Dec 2017 | 100145215 | Others | ₹2.8 Cr | Open |
To see the full charge records of Asphalt One Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Asphalt One Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asphalt One Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asphalt One Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Asphalt One has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACV9066E1Z2 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asphalt One Private Limited, buy the company report.
Recent activity
Asphalt One Private Limited has 8 board changes on record since 2001: 3 appointments and 5 cessations. The latest: Ashok Kumar Palriwal ceased to be Director on 12 Sep 2025.
7 earlier events are in the company report.
Frequently asked questions
Asphalt One is an active private limited company based in Kolkata, West Bengal, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 25 February 1987 (39+ years old) and is registered under CIN U23109WB1987PTC041952.
Asphalt One has 3 current directors:
- Aryan Pareek - Director
- Vikas Pareek - Director
- Ashok Kumar Palriwal - Director
The latest financial statements of Asphalt One on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Asphalt One is 19AAACV9066E1Z2, registered in West Bengal.
The CIN (Corporate Identification Number) of Asphalt One is U23109WB1987PTC041952. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asphalt One was incorporated on 25 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
Ashok Kumar Palriwal ceased to be Director on 12 Sep 2025. Aryan Pareek ceased to be Additional Director on 30 Sep 2022. Vikas Pareek ceased to be Additional Director on 30 Sep 2022. Asphalt One has 8 board changes on record in total.
Asphalt One can be reached through the website asphaltone.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Asphalt One is at 67 Maharshi Debendra Road, Kolkata, West Bengal, India – 700006.
Asphalt One operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.