It is a chemicals and materials public limited company based in Aurangabad, Maharashtra, India, established in 1991.
1991 | Aurangabad, Maharashtra, India | ActiveFormula Lubricants Limited, a active public limited company, was established on 15 February 1991 in Aurangabad, Maharashtra, India. Engaging in petrochemicals & derivatives within the trade sector, it holds CIN: U23201MH1991PLC060323. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹7.27 M.
It upholds a compliant status. Its leadership includes Veerdhawal Jawahirlal Gandhi (Director), Ajay Jawahirlal Gandhi (Director), Bhushan Chandraprabhu Shah (Director). Past directors included Jawahirlal Motilal Gandhi, Shivram Dhondo Khare. It holds ₹3.80 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 5-14-42,Adalat Road,, Aurangabad, Maharashtra, 431005.
U23201MH1991PLC060323
060323
15 February 1991
₹1.00 Cr
₹7.27 M
Roc Mumbai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Veerdhawal Jawahirlal Gandhi | Director | 05 Aug 1994 | Current |
| Ajay Jawahirlal Gandhi | Director | 05 Aug 1994 | Current |
| Bhushan Chandraprabhu Shah | Director | 05 Aug 1994 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 13 Feb 2019 | Past |
| Pramod Abcsdd | Director | 18 Oct 2017 | Past |
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Formula Lubricants Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 91.15% decrease. The company also saw a substantial fall in profitability, with a 1132.36% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.19%.
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In 2021, Formula Lubricants had a promoter holding of 90.69% and a public holding of 9.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹3,800,000.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Nov 1993 | The Saraswat Co- Op. Bank Ltd. | ₹2.00 M | Open |
| 04 Feb 1993 | Union Bank Of India | ₹1.80 M | Open |
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Progress on Formula Lubricants Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
Progress on Formula Lubricants Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
Veerdhawal Jawahirlal Gandhi was appointed as a Director was appointed as a Director on 05 Aug 1994 & has been associated with this company since 31 years 3 months . was recorded as a recent event.
The activity Ajay Jawahirlal Gandhi was appointed as a Director was appointed as a Director on 05 Aug 1994 & has been associated with this company since 31 years 3 months . was completed.
Bhushan Chandraprabhu Shah was appointed as a Director was appointed as a Director on 05 Aug 1994 & has been associated with this company since 31 years 3 months . was recorded as a recent event.
The activity A charge with The Saraswat Co- Op. Bank Ltd. amounted to Rs. 0.20 Cr with Charge ID 90387006 was registered on 13 Nov 1993. was completed.
The CIN of Formula Lubricants Limited is U23201MH1991PLC060323.
Formula Lubricants Limited is headquartered at 5-14-42,Adalat Road,, Aurangabad, Maharashtra, 431005.
Formula Lubricants Limited was incorporated on 15 February 1991.
The current directors of Formula Lubricants Limited are
The primary industry of Formula Lubricants Limited is Trade.
Formula Lubricants Limited is unlisted.
The authorized capital of Formula Lubricants Limited is ₹1.00 Cr, and the paid-up capital is ₹7.27 M.
The compliance status of Formula Lubricants Limited is Compliant.
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