Classic Oil Limited - Company Profile

It is a chemicals and materials public limited company based in Thane, Maharashtra, India, established in 1987.
1987 Thane, Maharashtra, India Amalgamated
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About Classic Oil Limited

Classic Oil Limited, a amalgamated public limited company, was established on 14 January 1987 in Thane, Maharashtra, India. Engaging in chemical distribution & retail within the chemicals and materials sector, it holds CIN: U99999MH1987PLC042225. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.50 Cr and a paid-up capital of ₹7.40 M.

Formerly known as Classic Oil Private Limited. It upholds a active non-compliant status. Its leadership includes Sudhakar Ramchandra Patil (Director), Pandurang Laxman Kokitkar (Director), Vijay Bhalchandra Palkar (Director). Past directors included Vinay Govil, Veena Rajkumar Govil, Sushant Kalandi Das. It holds ₹10.23 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2016, with the balance sheet filed on 31 March 2016. It is based at A 7 Kasturi Vihar, Near Venkatesh Petrol Pump Kalyan, Thane, Maharashtra, 421304.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U99999MH1987PLC042225

  • Registration Number

    042225

  • Incorporation Date

    14 January 1987

  • Authorized Capital

    ₹3.50 Cr

  • Paid-Up Capital

    ₹7.40 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 7.40 M
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 10.23 Cr
  • Revenue Growth **** %
  • Profit Growth **** -161.58%
  • Ebitda **** -136.44%
  • Net Worth -315.78%
  • Total Assets **** 1518.14%
Company report

Classic Oil Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Classic Oil 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 Classic Oil Limited?
Current Directors
Name Designation Appointment Date Status
Sudhakar Ramchandra Patil Director 25 Mar 2014 Current
Pandurang Laxman Kokitkar Director 25 Mar 2014 Current
Vijay Bhalchandra Palkar Director 03 Aug 2016 Current
Rahul Vijay Palkar Director 03 Aug 2016 Current
Sanjay Krishna Chougule Director 25 Mar 2014 Current
Bharati Vijay Palkar Director 03 Aug 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2014 Past
Pramod Abcsdd Director 15 Feb 2014 Past
Pramod Abcsdd Director 26 Mar 2014 Past
Pramod Abcsdd Additional Director 29 Sep 2016 Past
Pramod Abcsdd Director 16 Jul 2012 Past
Pramod Abcsdd Director 26 Mar 2014 Past

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Financial Performance of Classic Oil.

Classic Oil Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 161.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 315.78%.

Classic Oil revenue growth over time
Classic Oil 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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Revenue from Operations
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Total Assets
*******
 1518.14%
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Profit or Loss
*******
 -161.58%
*******
*******
*******
*******
Net Worth
*******
 -315.78%
*******
*******
*******
*******
EBITDA
*******
 -136.44%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Classic Oil?

In 2017, Classic Oil 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)
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

₹102,250,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Yes Bank Limited : 10.00 Cr
  • State Bank Of India : 0.23 Cr
Latest Charge Details
Date Lender Amount Status
25 Sep 2017 Yes Bank Limited ₹10.00 Cr Open
16 Jan 1989 State Bank Of India ₹2.25 M Open

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How Many Employees Work at Classic Oil?

Unlock and access historical data on people associated with Classic Oil, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Classic Oil, 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 Classic Oil'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 Classic Oil
Recent Activity within the Organization
  • Charges

    The activity A charge with Yes Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100143469 was registered on 25 Sep 2017. was completed.

  • Annual General Meeting

    Classic Oil Limited last Annual general meeting of members was held on 29 Sep 2016 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Vijay Bhalchandra Palkar was appointed as a Director was appointed as a Director on 03 Aug 2016 & has been associated with this company since 9 years 7 months . was documented.

  • Director Appointment

    Progress on Rahul Vijay Palkar was appointed as a Director was appointed as a Director on 03 Aug 2016 & has been associated with this company since 9 years 7 months . was documented.

  • Director Appointment

    Progress on Bharati Vijay Palkar was appointed as a Director was appointed as a Director on 03 Aug 2016 & has been associated with this company since 9 years 7 months . was documented.

  • Balance Sheet

    Classic Oil Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Classic Oil Limited?

The CIN of Classic Oil Limited is U99999MH1987PLC042225.

Where is Classic Oil Limited headquartered?

Classic Oil Limited is headquartered at A 7 Kasturi Vihar, Near Venkatesh Petrol Pump Kalyan, Thane, Maharashtra, 421304.

When was Classic Oil Limited incorporated?

Classic Oil Limited was incorporated on 14 January 1987.

Who are the current directors of Classic Oil Limited?

The current directors of Classic Oil Limited are

What is the primary industry of Classic Oil Limited?

The primary industry of Classic Oil Limited is Chemicals And Materials.

Is Classic Oil Limited a listed company?

Classic Oil Limited is unlisted.

What is the capital structure of Classic Oil Limited?

The authorized capital of Classic Oil Limited is ₹3.50 Cr, and the paid-up capital is ₹7.40 M.

What is the compliance status of Classic Oil Limited?

The compliance status of Classic Oil Limited is Active Non-Compliant.

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