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
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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 ₹11.00 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 Tejas Batukrai Bhatt (Cfo), Aarasp Bejan Bodhanwala (Director), Ashokkumar Natwarlal Shah (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 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at S No 309, Vil-Mokshi, Sankarda-Savli Road Tal-Savli,, Vadodara, Gujarat, 391780.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L25200GJ1992PLC017678

  • Registration Number

    017678

  • Incorporation Date

    21 May 1992

  • Authorized Capital

    ₹16.00 Cr

  • Paid-Up Capital

    ₹11.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 513642)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 11.00 Cr
  • Company Age 34 Year,
  • Last Filing with ROC 31 Mar 2025
  • 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 2026-2027

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Tejas Batukrai Bhatt Cfo 03 Jan 2025 Current
Aarasp Bejan Bodhanwala Director 01 Mar 1993 Current
Ashokkumar Natwarlal Shah Director 18 Aug 2025 Current
Chirag Bhupendrabhai Shah Director 29 May 2025 Current
Gaurav Surendrakumar Thanky Managing Director 01 Jun 2014 Current
Dhara Gaurav Thanky Director 01 Oct 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 01 Sep 2021 Past
Pramod Abcsdd Director 03 Jul 2024 Past
Pramod Abcsdd Director 29 Sep 2022 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Cfo - Past
Pramod Abcsdd Director 19 Aug 2021 Past

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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
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
  • 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
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 16.33%
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*******
*******
Revenue from Operations
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 16.83%
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*******
*******
Total Assets
*******
 0.46%
*******
*******
*******
*******
Profit or Loss
*******
 29.27%
*******
*******
*******
*******
Net Worth
*******
 9.80%
*******
*******
*******
*******
EBITDA
*******
 24.56%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • 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

₹410,766,000.00

Satisfied Charges

₹866,300,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 41.08 Cr
Latest Charge Details
Date Lender Amount Status
01 Oct 2024 Hdfc Bank Limited ₹2.34 M Open
16 Apr 2024 Hdfc Bank Limited ₹40.84 Cr Open
09 Dec 2021 Others ₹8.50 M Satisfied
20 Jan 2010 Bank Of India ₹17.94 Cr Satisfied
02 Jan 2004 Others ₹27.77 Cr Satisfied

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

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Latest Updates, News, and FAQs on Axel Polymers
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Axel Polymers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Ashokkumar Natwarlal Shah was appointed as a Director was appointed as a Director on 18 Aug 2025 & has been associated with this company since 9 months 3 days . was documented.

  • Director Appointment

    Chirag Bhupendrabhai Shah was appointed as a Director was appointed as a Director on 29 May 2025 & has been associated with this company since 11 months 23 days . was recorded as a recent event.

  • Balance Sheet

    Axel Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    The activity 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 1 year 2 months . was completed.

  • Director Appointment

    Progress on Tejas Batukrai Bhatt was appointed as a Cfo was appointed as a Cfo on 20 Jan 2025 & has been associated with this company since 1 year 4 months . was documented.

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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 ₹11.00 Cr.

What is the compliance status of Axel Polymers Limited?

The compliance status of Axel Polymers Limited is Compliant.

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