Coastal Wartsila Petroleum Limited - Company Profile

It is a chemicals and materials public limited company based in Navi Mumbai, Maharashtra, India, established in 1998.

1998 Navi Mumbai, Maharashtra, India Under Liquidation

Last Updated: July 21, 2025

About Coastal Wartsila Petroleum Limited

Coastal Wartsila Petroleum Limited, a under liquidation public limited company, was established on 16 September 1998 in Navi Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the chemicals and materials sector, it holds CIN: U23209MH1998PLC116543. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹1.96 Cr.

Its leadership includes Rakesh Sarin (Managing Director). It holds no open charges and ₹5.50 M settled loans. It is based at 48 Neco Chambers Sector 11 Cbd Belapur, Navi Mumbai, Maharashtra, 400614.

Company Details

CIN/LLPIN
U23209MH1998PLC116543
Registration Number
116543
Incorporation Date
16 September 1998
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹1.96 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 21-07-2025
Paid Up Capital ₹ 1.96 Cr as on 21-07-2025
Company Age 27 Year, 5 Months
Satisfied Charges ₹ 5.50 M as on 21-07-2025

Comprehensive Company Insights

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Who are the key members and board of directors at Coastal Wartsila Petroleum Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rakesh Sarin	Managing Director	24 Sep 1999	Current

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Financial Performance of Coastal Wartsila Petroleum.

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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

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Revenue from Operations

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Total Assets

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of Coastal Wartsila Petroleum?

Unlock access to Coastal Wartsila Petroleum's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹0

Satisfied Charges

₹5,500,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Ltd : 0.55 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Jan 2000	Hdfc Bank Ltd	₹5.50 M	Satisfied

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How Many Employees Work at Coastal Wartsila Petroleum?

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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

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Rating

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Alerts

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Latest Updates, News, and FAQs on Coastal Wartsila Petroleum

Recent Activity within the Organization

Charges

The activity A charge registered on 13 Jan 2000 via Charge ID 90361091 with Hdfc Bank Ltd was fully satisfied on 28 Nov 2002. was completed.
28 Nov 2002
Charges

Progress on A charge with Hdfc Bank Ltd amounted to Rs. 0.55 Cr with Charge ID 90361091 was registered on 13 Jan 2000. was documented.
13 Jan 2000
Director Appointment

The activity Rakesh Sarin was appointed as a Managing Director was appointed as a Managing Director on 24 Sep 1999 & has been associated with this company since 26 years 5 months . was completed.
24 Sep 1999
Company Incorporation

Coastal Wartsila Petroleum Limited was registered on 16 Sep 1998 with Roc Mumbai & aged 27 years 5 months as per MCA records. was recorded as a recent event.
16 Sep 1998

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