Atul Products Limited - Company Profile

Q: Who are the current directors of Atul Products Limited?

The current directors of Atul Products Limited are Rajeev Kumar, Lalit Patni, Sudhakara Shetty, Bharatkumar Jagannath Joshi, Vivek Yeshwant Gadre.

It is a energy and power public limited company based in Atul, Gujarat, India, established in 2020.

2020 Atul, Gujarat, India Active

Last Updated: February 24, 2026

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About Atul Products Limited

Atul Products Limited, a active public limited company, was established on 10 October 2020 in Atul, Gujarat, India. Engaging in thermal power generation & plants within the energy and power sector, it holds CIN: U24304GJ2020PLC117189. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹935.27 Cr and a paid-up capital of ₹846.22 Cr.

It upholds a compliant status. Employing 90 professional, Its leadership includes Rajeev Kumar (Director), Lalit Patni (Director), Sudhakara Shetty (Whole-Time Director). Past directors included Rajeev Kumar, Sudhakara Shetty, Sunil Kumar Gulati. It holds ₹275.00 Cr open charges and no settled loans. Its latest AGM occurred on 22 August 2025, with the balance sheet filed on 31 March 2025. It is based at E-7, East Site, Atul, Gujarat, 396020.

Company Details

CIN/LLPIN
U24304GJ2020PLC117189
Registration Number
117189
Incorporation Date
10 October 2020
Authorized Capital
₹935.27 Cr
Paid-Up Capital
₹846.22 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 935.27 Cr as on 24-02-2026
Paid Up Capital ₹ 846.22 Cr as on 24-02-2026
Company Age 5 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 275.00 Cr as on 24-02-2026
Revenue Growth **** 354.55% (FY 2023)
Profit Growth **** 64.37% (FY 2023)
Ebitda **** 63.24% (FY 2023)
Net Worth -9.42% (FY 2023)
Total Assets **** 181.86% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Atul Products Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Atul Products Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajeev Kumar	Director	05 Jan 2021	Current
Lalit Patni	Director	10 Oct 2020	Current
Sudhakara Shetty	Whole-Time Director	20 Sep 2023	Current
Bharatkumar Jagannath Joshi	Director	05 Jan 2021	Current
Vivek Yeshwant Gadre	Director	10 Oct 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	03 Aug 2021	Past
Pramod Abcsdd	Additional Director	20 Sep 2023	Past
Pramod Abcsdd	Whole-Time Director	03 Aug 2022	Past
Pramod Abcsdd	Director	30 Nov 2023	Past
Pramod Abcsdd	Additional Director	03 Aug 2021	Past

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Financial Performance of Atul Products.

Atul Products Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 354.55% increase. The company also saw a substantial improvement in profitability, with a 64.37% increase in profit. The company's net worth dipped by a decrease of 9.42%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

354.55%

*******

Revenue from Operations

*******

Total Assets

*******

181.86%

*******

Profit or Loss

*******

64.37%

*******

Net Worth

*******

-9.42%

*******

EBITDA

*******

63.24%

*******

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What is the Ownership and Shareholding Structure of Atul Products?

In 2023, Atul Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,750,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 125.00 Cr
Hdfc Bank Limited : 125.00 Cr
Axis Bank Limited : 25.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Oct 2023	Hdfc Bank Limited	₹125.00 Cr	Open
04 Sep 2023	Others	₹125.00 Cr	Open
04 Dec 2021	Axis Bank Limited	₹25.00 Cr	Open

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How Many Employees Work at Atul Products?

Atul Products has a workforce of 90 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Atul Products, 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 Atul Products's trajectory.

Rating

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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.

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Latest Updates, News, and FAQs on Atul Products

Recent Activity within the Organization

Annual General Meeting

Progress on Atul Products Limited last Annual general meeting of members was held on 22 Aug 2025 as per latest MCA records. was documented.
22 Aug 2025
Balance Sheet

Progress on Atul Products Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Charges

Progress on A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 04 Dec 2021 with Charge ID 100514607 was modified on 19 Feb 2024. was documented.
19 Feb 2024
Charges

A charge with Hdfc Bank Limited amounted to Rs. 125.00 Cr with Charge ID 100798944 was registered on 05 Oct 2023. was recorded as a recent event.
05 Oct 2023
Director Appointment

Progress on Sudhakara Shetty was appointed as a Whole-time director was appointed as a Whole-time director on 20 Sep 2023 & has been associated with this company since 2 years 5 months . was documented.
20 Sep 2023
Charges

The activity A charge with Others amounted to Rs. 125.00 Cr with Charge ID 100785056 was registered on 04 Sep 2023. was completed.
04 Sep 2023

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