Chemspec Chemicals Private Limited

Manufacturer of chemicals for home and personal care products, bulk drug intermediates, and anti-hypertension drugs.

1975 | Raigarh, Maharashtra (India) | Active
Last Updated: December 07, 2024

Chemspec Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 8.90 Cr
  • Company Age 49 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 166.60 Cr
  • Satisfied Charges ₹ 144.58 Cr
  • Revenue Growth -13.59%
  • Profit Growth 20.38%
  • Ebitda 23.67%
  • Net Worth 65.52%
  • Total Assets -1.46%

About Chemspec Chemicals

Chemspec Chemicals Private Limited (CCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 November 1975 and has a history of 49 years and three months. Its registered office is in Raigarh, Maharashtra, India.

The Corporate was formerly known as Chemspec Chemicals Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 8.90 Cr.

The company currently has active open charges totaling ₹166.60 Cr. The company has closed loans amounting to ₹144.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Chemspec Chemicals Private Limited India is Mukeshkumar Agrawal as CFO. Priya Rushabh, Jayant Chhotalal, Mitul Vora, and Three other members serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    chemspec.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24114MH1975PTC018665

  • Company No.

    018665

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 1975

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Chemspec Chemicals Private Limited offer?

Chemspec Chemicals Private Limited offers a wide range of products and services, including Media Player, MP3 Player, Industrial Chemicals & Supplies, Chemical Intermediates.

Who are the key members and board of directors at Chemspec Chemicals?

Executive Team (2)

NameDesignationAppointment DateStatus
Rushabh Vora Country flag representing In Managing Director09-Aug-2010Current
Mukeshkumar Agrawal Country flag representing In CFO06-Nov-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Mitul Vora Country flag representing In Director 01-Apr-1992Current
Priya Rushabh Country flag representing In Whole-Time Director 30-Mar-2021Current
Jayant Chhotalal Country flag representing In Director 20-Dec-2022Current
Shruti Vora Country flag representing In Director 20-Dec-2022Current
Muruganandam Ganesan Country flag representing In Director 09-Sep-2024Current

Financial Performance of Chemspec Chemicals.

Chemspec Chemicals Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 13.59% decrease. The company also saw a substantial improvement in profitability, with a 20.38% increase in profit. The company's net worth Soared by an impressive increase of 65.52%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-13.59%
Revenue from Operations
-13.02%
Total Assets
-1.46%
Profit or Loss
20.38%
Net Worth
65.52%
EBITDA
23.67%

What is the Ownership and Shareholding Structure of Chemspec Chemicals?

In 2021, Chemspec Chemicals 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 Indicator graph

Charges (Loans)

Open Charges

₹166.60 Cr

Satisfied Charges

₹144.58 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 165.60 Cr
  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2023Others₹1.00 CrOpen
28 Jul 2015Hdfc Bank Limited₹165.60 CrOpen
27 Jul 2018Hdfc Bank Limited₹20.00 CrSatisfied
09 Nov 2017Hdfc Bank Limited₹10.00 CrSatisfied
08 Apr 2016Hdfc Bank Limited₹15.00 CrSatisfied

How Many Employees Work at Chemspec Chemicals?

Chemspec Chemicals has a workforce of 410 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chemspec Chemicals, 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 Chemspec Chemicals'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.

Latest Updates, News, and FAQs on Chemspec Chemicals

Recent activity within the organization

  • Director Appointment

    Mukeshkumar Kailashchandra Agrawal was appointed as a Cfo was appointed as a Cfo on 06 Nov 2024 & has been associated with this company since 3 months 17 days .

    06 Nov 2024

  • Annual General Meeting

    Chemspec Chemicals Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Muruganandam Ganesan was appointed as a Director was appointed as a Director on 09 Sep 2024 & has been associated with this company since 5 months 14 days .

    09 Sep 2024

  • Balance Sheet

    Chemspec Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100798455 was registered on 03 Oct 2023.

    03 Oct 2023

  • Charges

    A charge registered on 27 Jul 2018 via Charge ID 100202226 with Hdfc Bank Limited was fully satisfied on 18 Sep 2023.

    18 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Chemspec Chemicals Private Limited was incorporated on 15 Nov 1975.

  • The authorized share capital of Chemspec Chemicals Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 8.90 Cr.

  • Currently 7 directors are associated with Chemspec Chemicals Private Limited.

    • Priya Vora Rushabh
    • Jayant Vora Chhotalal
    • Mitul Jayant Vora
    • Rushabh Jayant Vora
    • Shruti Vora
    • Muruganandam Ganesan
    • Mukeshkumar Kailashchandra Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Chemspec Chemicals Private Limited is Plot No. 3-C Midc Taloja Tal- Panvel, Dist- Raigad India, Navi Mumbai, Maharashtra, 410208.

  • The corporate identification number (CIN) of Chemspec Chemicals Private Limited is U24114MH1975PTC018665 and the company number is 018665 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Chemspec Chemicals Private Limited is https://www.chemspec.co.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Chemspec Chemicals Private Limited has fallen by -13.59%.

  • As Per 2021 financial reports, 410 employees are currently employed by Chemspec Chemicals Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Chemspec Chemicals Private Limited has experienced an upsurge of 65.52%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Chemspec Chemicals Private Limited amount to ₹ 166.60 Cr.

  • The most recent Balance Sheet for Chemspec Chemicals Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Industrial Chemicals