Choksey Chemicals Private Limited

Manufacturer of waterproofing and construction chemicals, with an online portal and ISO certification.

1943 | Mumbai, Maharashtra (India) | Active
Last Updated: July 07, 2024

Choksey Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.14 M
  • Company Age 81 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.40 Cr
  • Satisfied Charges ₹ 14.76 Cr
  • Revenue Growth 10.54%
  • Profit Growth 131.31%
  • Ebitda -10.43%
  • Net Worth -37.65%
  • Total Assets 26.26%

About Choksey Chemicals

Choksey Chemicals Private Limited (CCPL) was founded in India on 16 November 1943 and has a glorious history of 81 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as The Mineral Mining Company 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.14 M.

The company currently has active open charges totaling ₹14.40 Cr. The company has closed loans amounting to ₹14.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Atul Choksey, Hemant Khurana, Girish Choksey, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    chokseychem.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100MH1943PTC019661

  • Company No.

    019661

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 1943

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Choksey Chemicals Private Limited offer?

Choksey Chemicals Private Limited offers a wide range of products and services, including Anti Infective Drugs & Medicines, Antiviral Drugs, Rust & Corrosion Protection Products, Rust Preventives, Adhesives, Glue and Sealants, Epoxy Adhesives, Pharma Ingredients & Raw Materials, Antipyretic and Analgesic API, Geotextile, Geogrids & Pond Liners, Water Resistant Membranes.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ankur Choksey Country flag representing In Managing Director03-Aug-1995Current

Board Members (5)

NameDesignationAppointment DateStatus
Atul Choksey Country flag representing In Director 25-Mar-1994Current
Hemant Khurana Country flag representing In Additional Director 26-Feb-2024Current
Girish Choksey Country flag representing In Director 31-Dec-1973Current
Amit Champaklal Country flag representing In Director 28-Sep-1994Current
Subramanian Venkataraman Country flag representing In Director 16-Dec-2022Current

Financial Performance of Choksey Chemicals.

Choksey Chemicals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.54% increase. The company also saw a substantial improvement in profitability, with a 131.31% increase in profit. The company's net worth observed a substantial decline by a decrease of 37.65%.

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
10.54%
Revenue from Operations
9.30%
Total Assets
26.26%
Profit or Loss
131.31%
Net Worth
-37.65%
EBITDA
-10.43%

What is the Ownership and Shareholding Structure of Choksey Chemicals?

In 2023, Choksey Chemicals had a promoter holding of 99.38% and a public holding of 0.62%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.40 Cr

Satisfied Charges

₹14.76 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 13.29 Cr
  • Hdfc Bank Limited : 1.11 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2023Hdfc Bank Limited₹9.50 MOpen
01 Jun 2022Hdfc Bank Limited₹1.61 MOpen
07 Jul 1994State Bank Of India₹13.29 CrOpen
30 Mar 2012Bajaj Finance Limited₹3.10 CrSatisfied
19 Feb 2007Punjab National Bank₹10.00 CrSatisfied

How Many Employees Work at Choksey Chemicals?

Choksey Chemicals has a workforce of 156 employees as of Apr 07, 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 Choksey 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 Choksey 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 Choksey Chemicals

Recent activity within the organization

  • Director Appointment

    Hemant Khurana was appointed as a Additional Director was appointed as a Additional Director on 26 Feb 2024 & has been associated with this company since 11 months 27 days .

    26 Feb 2024

  • Annual General Meeting

    Choksey Chemicals Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Choksey Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.95 Cr with Charge ID 100741416 was registered on 27 Mar 2023.

    27 Mar 2023

  • Director Appointment

    Subramanian Vaidyanathan Venkataraman was appointed as a Director was appointed as a Director on 16 Dec 2022 & has been associated with this company since 2 years 2 months .

    16 Dec 2022

  • Charges

    A charge registered on 25 Jun 1995 via Charge ID 90228930 with State Bank Of Hyderabad was fully satisfied on 23 Aug 2022.

    23 Aug 2022

Frequently asked questions

  • Choksey Chemicals Private Limited was incorporated on 16 Nov 1943.

  • The authorized share capital of Choksey Chemicals Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.14 M.

  • Currently 6 directors are associated with Choksey Chemicals Private Limited.

    • Atul Champaklal Choksey
    • Hemant Khurana
    • Girish Champaklal Choksey
    • Ankur Girish Choksey
    • Amit Choksey Champaklal
    • Subramanian Vaidyanathan Venkataraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Choksey Chemicals Private Limited is Plot No. 3-B Midc Ind Area Village - Taloja District - Raigad Taluka - Panvel, Mumbai, Maharashtra, India, 410208.

  • The corporate identification number (CIN) of Choksey Chemicals Private Limited is U24100MH1943PTC019661 and the company number is 019661 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Choksey Chemicals Private Limited is https://www.chokseychem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Choksey Chemicals Private Limited has risen by 10.54%.

  • As Per 2023 financial reports, 156 employees are currently employed by Choksey Chemicals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Choksey Chemicals Private Limited has experienced an downturn of -37.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Choksey Chemicals Private Limited amount to ₹ 14.40 Cr.

  • The most recent Balance Sheet for Choksey Chemicals Private Limited was filed with the ROC on 31 Mar 2023.

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