Comed Chemicals Limited

Pharmaceutical company with three manufacturing plants that comply with government and international standards.

1988 | Vadodara, Gujarat (India) | Active
Last Updated: October 23, 2024

Comed Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 12.17 Cr
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 82.81 Cr
  • Revenue Growth 3.54%
  • Profit Growth 12.30%
  • Ebitda -3.30%
  • Net Worth 32.44%
  • Total Assets 16.41%

About Comed Chemicals

Comed Chemicals Limited (CCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 March 1988 and has a history of 36 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Comed Chemicals Private Limited. The Company is engaged in the Pharma 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 18.00 Cr and a paid-up capital of Rs 12.17 Cr.

The company has closed loans amounting to ₹82.81 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Comed Chemicals Limited India are Harsha Thakkar as CFO and Amisha Shah as Company Secretary. Jaswinder Sethi, Satvinder Kaur, Jagjeetsingh Channa, and Four other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    comedchemicals.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1988PLC010415

  • Company No.

    010415

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Comed Chemicals Limited offer?

Comed Chemicals Limited offers a wide range of products and services, including Pain Relief Drugs & Pharmaceuticals, Diclofenac, Sexual Wellness Products, Erectile Dysfunction Medicine, Pain Reliever Gel, Aceclofenac, Arthritic Drugs, Form Fill & Seal Machines, Horizontal Form Fill Seal Machines, Common Disease Medicines.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Jaswinder Sethi Country flag representing In Managing Director06-Mar-1988Current
Harsha Thakkar CFO01-Mar-2015Current
Amisha Shah Company Secretary26-Jul-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Jashanjit Sethi Country flag representing In Director 16-Oct-2020Current
Satvinder Kaur Country flag representing In Whole-Time Director 09-Jan-2017Current
Jagjeetsingh Channa Country flag representing In Director 06-Mar-1988Current
Avneet Sethi Country flag representing In Director 16-Dec-2022Current
Arvind Singh Country flag representing In Additional Director 04-Jul-2024Current
Mohanjeet Syali Country flag representing In Director 08-Dec-2020Current

Financial Performance of Comed Chemicals.

Comed Chemicals Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.54% increase. The company also saw a substantial improvement in profitability, with a 12.3% increase in profit. The company's net worth Soared by an impressive increase of 32.44%.

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
3.54%
Revenue from Operations
3.05%
Total Assets
16.41%
Profit or Loss
12.30%
Net Worth
32.44%
EBITDA
-3.30%

What is the Ownership and Shareholding Structure of Comed Chemicals?

In 2022, Comed Chemicals had a promoter holding of 42.83% and a public holding of 57.16%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹82.81 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 37.39 Cr
  • Bank Of Baroda : 19.61 Cr
  • Punjab National Bank - Consortium : 14.67 Cr
  • Punjab National Bank (Consortium) : 10.40 Cr
  • Kotak Mahindra Prime Limited : 0.36 Cr
  • Others : 0.39 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2015Kotak Mahindra Prime Limited₹0.72 MSatisfied
29 Jan 2015Kotak Mahindra Prime Limited₹2.88 MSatisfied
13 Jun 2012Punjab National Bank₹15.00 CrSatisfied
13 Jun 2012Punjab National Bank₹15.00 CrSatisfied
24 Nov 2011Punjab National Bank₹0.25 MSatisfied

How Many Employees Work at Comed Chemicals?

Comed Chemicals has a workforce of 1102 employees as of Apr 03, 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 Comed 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 Comed 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 Comed Chemicals

Recent activity within the organization

  • Director Appointment

    Amisha Riteshkumar Shah was appointed as a Company Secretary was appointed as a Company Secretary on 26 Jul 2024 & has been associated with this company since 6 months 28 days .

    26 Jul 2024

  • Director Appointment

    Arvind Singh was appointed as a Additional Director was appointed as a Additional Director on 04 Jul 2024 & has been associated with this company since 7 months 19 days .

    04 Jul 2024

  • Annual General Meeting

    Comed Chemicals Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Comed Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 13 Jun 2012 via Charge ID 10361664 with Punjab National Bank was fully satisfied on 30 Jul 2018.

    30 Jul 2018

  • Charges

    A charge registered on 13 Jun 2012 via Charge ID 10361659 with Punjab National Bank was fully satisfied on 30 Jul 2018.

    30 Jul 2018

Frequently asked questions

  • Comed Chemicals Limited was incorporated on 02 Mar 1988.

  • The authorized share capital of Comed Chemicals Limited is ₹ 18.00 Cr and paid-up capital is ₹ 12.17 Cr.

  • Currently 9 directors are associated with Comed Chemicals Limited.

    • Jaswinder Singh Sethi
    • Satvinder Pal Kaur
    • Jagjeetsingh Gurdailsingh Channa
    • Avneet Jaswinder Singh Sethi
    • Arvind Singh
    • Jashanjit Sethi
    • Mohanjeet Singh Syali
    • Harsha Hemant Thakkar
    • Amisha Riteshkumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Comed Chemicals Limited is 2Nd Floor Sun Plaza-1 Nr.Vadsar Bridge Gidc Road, India, Vadodara, Gujarat, 390010.

  • The corporate identification number (CIN) of Comed Chemicals Limited is U24231GJ1988PLC010415 and the company number is 010415 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Comed Chemicals Limited is https://www.comedchemicals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Comed Chemicals Limited has risen by 3.54%.

  • As Per 2023 financial reports, 1102 employees are currently employed by Comed Chemicals Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Comed Chemicals Limited has experienced an upsurge of 32.44%.

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

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