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Axel Polymers Limited - Company Profile

It is a manufacturing public limited company based in Vadodara, Gujarat, India, established in 1992.

1992 | Vadodara, Gujarat, India | Active
Last Updated:

About Axel Polymers Limited

Axel Polymers Limited, a active public limited company, was established on 21 May 1992 in Vadodara, Gujarat, India. Engaging in plastic & resins within the manufacturing sector, it holds CIN: L25200GJ1992PLC017678. Registered under ROC Roc Ahmedabad. it is listed on BSE: 513642. It has an authorized capital of ₹16.00 Cr and a paid-up capital of ₹8.52 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹85.46 Cr and a net worth of ₹13.53 Cr. Employing 70 professional, Its leadership includes Aarasp Bejan Bodhanwala (Director), Chirag Bhupendrabhai Shah (Additional Director), Gaurav Surendrakumar Thanky (Managing Director). Past directors included Bejan Kawasji Bodhanwala, Minnie Aarasp Bodhanwala, Amitabh Gajendra Thakore. It holds ₹41.08 Cr open charges and ₹86.63 Cr settled loans. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at S No 309, Vil-Mokshi, Sankarda-Savli Road Tal-Savli,, Vadodara, Gujarat, 391780.

Company Details

  • CIN/LLPIN

    L25200GJ1992PLC017678

  • Registration Number

    017678

  • Incorporation Date

    21 May 1992

  • Authorized Capital

    ₹16.00 Cr

  • Paid-Up Capital

    ₹8.52 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 513642)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 8.52 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.08 Cr
  • Satisfied Charges ₹ 86.63 Cr
  • Revenue Growth 16.33%
  • Profit Growth 29.27%
  • Ebitda 24.56%
  • Net Worth 9.80%
  • Total Assets 0.46%
Company report

Axel Polymers Limited

Company Report FY 2025-2026

Explore comprehensive insights into Axel Polymers 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 Axel Polymers Limited?

Current Directors

NameDesignationAppointment DateStatus
Aarasp Bejan BodhanwalaDirector01 Mar 1993Current
Chirag Bhupendrabhai ShahAdditional Director29 May 2025Current
Gaurav Surendrakumar ThankyManaging Director01 Jun 2014Current
Dhara Gaurav ThankyDirector01 Oct 2024Current
Ashokkumar Natwarlal ShahAdditional Director18 Aug 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director01 Sep 2021Past
Pramod AbcsddDirector03 Jul 2024Past
Pramod AbcsddDirector29 Sep 2022Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddCfo-Past
Pramod AbcsddDirector19 Aug 2021Past

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Financial Performance of Axel Polymers.

Axel Polymers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.33% increase. The company also saw a substantial improvement in profitability, with a 29.27% increase in profit. The company's net worth moved up by a moderate rise of 9.8%.

Axel Polymers revenue growth over time
Axel Polymers profit and loss trends over time
  • 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
16.33%
Revenue from Operations
16.83%
Total Assets
0.46%
Profit or Loss
29.27%
Net Worth
9.80%
EBITDA
24.56%

What is the Ownership and Shareholding Structure of Axel Polymers?

In 2023, Axel Polymers had a promoter holding of 61.90% and a public holding of 38.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹410,766,000.00

Satisfied Charges

₹866,300,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.08 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2024Hdfc Bank Limited₹2.34 MOpen
16 Apr 2024Hdfc Bank Limited₹40.84 CrOpen
09 Dec 2021Others₹8.50 MSatisfied
20 Jan 2010Bank Of India₹17.94 CrSatisfied
02 Jan 2004Others₹27.77 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Axel Polymers?

Axel Polymers has a workforce of 70 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 growth trends for Axel Polymers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Axel Polymers, 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 Axel Polymers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Axel Polymers

Recent Activity within the Organization

  • Director Appointment

    Ashokkumar Natwarlal Shah was appointed as a Additional Director was appointed as a Additional Director on 18 Aug 2025 & has been associated with this company since 3 months 11 days . was recorded as a recent event.

  • Director Appointment

    The activity Chirag Bhupendrabhai Shah was appointed as a Additional Director was appointed as a Additional Director on 29 May 2025 & has been associated with this company since 6 months 1 day . was completed.

  • Director Appointment

    Progress on Ashish Chaudhary was appointed as a Company Secretary was appointed as a Company Secretary on 03 Mar 2025 & has been associated with this company since 8 months 26 days . was documented.

  • Director Appointment

    Tejas Batukrai Bhatt was appointed as a Cfo was appointed as a Cfo on 20 Jan 2025 & has been associated with this company since 10 months 7 days . was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100982109 was registered on 01 Oct 2024. was completed.

  • Director Appointment

    Progress on Dhara Gaurav Thanky was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 1 year 1 month . was documented.

Frequently Asked Questions

  • What is the CIN of Axel Polymers Limited?

    The CIN of Axel Polymers Limited is L25200GJ1992PLC017678.

  • Where is Axel Polymers Limited headquartered?

    Axel Polymers Limited is headquartered at S No 309, Vil-Mokshi, Sankarda-Savli Road Tal-Savli,, Vadodara, Gujarat, 391780.

  • When was Axel Polymers Limited incorporated?

    Axel Polymers Limited was incorporated on 21 May 1992.

  • Who are the current directors of Axel Polymers Limited?

    The current directors of Axel Polymers Limited are

  • What is the primary industry of Axel Polymers Limited?

    The primary industry of Axel Polymers Limited is Manufacturing.

  • Is Axel Polymers Limited a listed company?

    Axel Polymers Limited is listed. It is listed on BSE: 513642.

  • What is the capital structure of Axel Polymers Limited?

    The authorized capital of Axel Polymers Limited is ₹16.00 Cr, and the paid-up capital is ₹8.52 Cr.

  • What is the compliance status of Axel Polymers Limited?

    The compliance status of Axel Polymers Limited is Compliant.

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