Fine Refiners Limited - Company overview

Registered with ROC Ahmedabad on 16 May 2005, Fine Refiners Limited is an active public limited company that has been around for about 21 ye…

2005-05-16 Bhavnagar, Gujarat Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▼ -32.8%
FY 2023
PROFIT / LOSS
₹1–5 Cr
▲ 123.0%
FY 2023
EBITDA
₹5–10 Cr
▲ 66.1%
FY 2023
NET WORTH
₹5–10 Cr
▲ 108.0%
FY 2023
TOTAL ASSETS
₹10–25 Cr
▲ 58.6%
FY 2023
OPEN CHARGES
1
19.80 cr
PAID-UP CAPITAL
13.00 cr
AUTHORISED CAPITAL
20.00 cr
COMPANY AGE
21 Years 5 Months
since 2005-05-16
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2025-05-24 17:47:41
TOTAL MONEY RAISED
₹10–50 Lakh
SATISFIED CHARGES
2
9.00 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Fine Refiners Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
81/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (65), director (85) and company-foundation signals.
  • Operating for 21+ years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
65/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
85/100
Board strength, DIN status and churn.
  • 8 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Fine Refiners Limited Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Ahmedabad on 16 May 2005, Fine Refiners Limited is an active public limited company that has been around for about 21 years. Its registered office is at Office No. 105, First Floor, Aangi, Bhavnagar, Gujarat.

Its filings describe the main line of business as coke and refined petroleum products, which made up 18.01% of turnover.

It has eight directors: Javedabbas Shabbirali Virani, Nikunj Mahendrabhai Kanabar, Amin Rajahusenbhai Vasaya and 5 others. The longest-serving is Amin Rajahusenbhai Vasaya, on the board since 2015; the most recent to join is Javedabbas Shabbirali Virani, appointed in November 2025. Amin Rajahusenbhai Vasaya is the managing director. Seven former directors are on record; the most recent to leave was Nirajkumar Kamalbhai Thakker in June 2015.

Paid-up capital stands at ₹13 crore out of ₹20 crore authorised. The last AGM on record was on 30 September 2025, for accounts made up to 31 March 2025. One charge (secured loan) is still open, with Axis Bank Limited among the lenders, and two more have been paid off.

Environment ••••••••
  • Location Office No. 105, First Floor, Aangi, Bhavnagar, Gujarat - 364001
  • Website finerefiners.com
Legal NameFine Refiners Limited
CIN / LLPINU19200GJ2005PLC046084
Company No.046084
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2005-05-16
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Ahmedabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Fine Refiners Limited (8) Current board members from MCA filings, including designation and appointment details.

J
Company Secretary | Since 2025-11-18 | DIN: 08718869
N
Director | Since 2025-08-25 | DIN: 10481368
A
Managing Director | Since 2015-06-15 | DIN: 07134243
A
Whole-time director | Since 2023-07-24 | DIN: 10252152
C
Director | Since 2025-08-25 | DIN: 10482172
N
Director | Since 2025-07-14 | DIN: 11192998

Financial Performance of Fine Refiners Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▼ -32.8%
P&L ₹1–5 Cr ▲ 123.0%
EBITDA ₹5–10 Cr ▲ 66.1%
Net worth ₹5–10 Cr ▲ 108.0%

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Charges of Fine Refiners Limited Open and satisfied charges registered against the company with MCA.

Axis Bank Limited : 28.80 cr
Others : 9.00 cr
Open Charges: 1 Satisfied Charges: 2
Open 19.80 cr
Satisfied 9.00 cr
LenderAmountStatus
Axis Bank Limited
Creation Date: 27 Nov 2023
27.30 cr Open
Others
Creation Date: 11 Aug 2021
9.00 cr Closed
Axis Bank Limited
Creation Date: 26 Nov 2019
1.50 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingCoke and refined petroleum products18.01
TradeWholesale Trading81.99

Financial Ratios of Fine Refiners Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Fine Refiners Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Fine Refiners Limited EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Fine Refiners Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Fine Refiners Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

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Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Fine Refiners Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Fine Refiners Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Fine Refiners Limited?
MCA does not publish an "owner" field. Fine Refiners Limited is run by its directors, Javedabbas Shabbirali Virani, Nikunj Mahendrabhai Kanabar, Amin Rajahusenbhai Vasaya and five others, with Amin Rajahusenbhai Vasaya as managing director. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Fine Refiners Limited?
Fine Refiners Limited has eight current directors: Javedabbas Shabbirali Virani (since November 2025), Nikunj Mahendrabhai Kanabar (since August 2025), Amin Rajahusenbhai Vasaya (since June 2015), Alimizan Aminbhai Vasaya (since July 2023), Chandresh Madhubhai Unagar (since August 2025) and Narjisbanu Aminbhai Vasaya (since July 2025), plus 2 more. Amin Rajahusenbhai Vasaya is the managing director.
What is CIN of Fine Refiners Limited?
The CIN of Fine Refiners Limited is U19200GJ2005PLC046084. Reading it left to right: U means it is not listed, 19200 is the industry code it registered under, GJ is Gujarat, 2005 is the year it was registered, PLC is the company type and 046084 is its registration number.
When was Fine Refiners Limited incorporated?
Fine Refiners Limited was incorporated on 16 May 2005 with ROC Ahmedabad. That makes it about 21 years old.
What is the registered address of Fine Refiners Limited?
The registered office on MCA records is Office No. 105, First Floor, Aangi, Bhavnagar, Gujarat - 364001.
What is the current status of Fine Refiners Limited?
MCA shows Fine Refiners Limited as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Fine Refiners Limited?
You can post to its registered office at Office No. 105, First Floor, Aangi, Bhavnagar, Gujarat - 364001 and use its website, https://finerefiners.com.
What industry or business activity is Fine Refiners Limited associated with?
Its MCA filings list the main business as coke and refined petroleum products (18.01% of turnover).
What is paid-up capital and authorised share capital of Fine Refiners Limited?
Paid-up capital is ₹13 crore and authorised capital is ₹20 crore, so about 65% of the authorised amount has been issued.
When did Fine Refiners Limited last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Fine Refiners Limited?
One charge against Fine Refiners Limited is still open and two have been satisfied. Lenders named in the filings include Axis Bank Limited.
Have any directors left Fine Refiners Limited?
Yes, seven former directors are on record. The most recent to leave were Nirajkumar Kamalbhai Thakker (June 2015), Chirag Kamalbhai Thakker (June 2015) and Kamalkant Natvarlal Thakkar (June 2015).
What is the turnover or revenue of Fine Refiners Limited?
Based on filed financial statements, the revenue of Fine Refiners Limited for FY 2023 was in the ₹50–100 Cr range. That is down 32.8% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Fine Refiners Limited?
For FY 2023, the net worth of Fine Refiners Limited was in the ₹5–10 Cr range.
How can I get the financial details of Fine Refiners Limited?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Fine Refiners Limited?
The website on record for Fine Refiners Limited is https://finerefiners.com.
Which company owns finerefiners.com?
finerefiners.com is the website listed for Fine Refiners Limited in its company records.
Fine Refiners Limited - is it listed or unlisted?
Fine Refiners Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Fine Refiners Limited?
Fine Refiners Limited is registered with ROC Ahmedabad.
What is the company classification of Fine Refiners Limited?
MCA classifies Fine Refiners Limited as: Public Limited Indian Non-Government Company.
Does Fine Refiners Limited have GST registrations on file?
Yes, one active GST registration is linked to Fine Refiners Limited.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.