Drychem India Private Limited

Manufactures wall putty, adhesives, RMP, and specialty chemicals for paint companies.

2010 | Thane, Maharashtra (India) | Active
Last Updated: January 03, 2025

Drychem India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.75 M
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 109.32 Cr
  • Satisfied Charges ₹ 50.06 Cr
  • Revenue Growth 35.84%
  • Profit Growth -5.10%
  • Ebitda -7.67%
  • Net Worth 9.77%
  • Total Assets 22.12%

About Drychem India

Drychem India Private Limited (DIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 2010 and has a history of 14 years and two months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Viwa Drymix Private Limited. The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 9.75 M.

The company currently has active open charges totaling ₹109.32 Cr. The company has closed loans amounting to ₹50.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Mehta and Kaushal Mehta serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U26900MH2010PTC210117

  • Company No.

    210117

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Chemicals and Materials

Who are the key members and board of directors at Drychem India?

Executive Team (1)

Name Designation Appointment Date Status
Kaushal Mehta Country flag representing In Managing Director 04-May-2021 Current

Board Members (1)

Name Designation Appointment Date Status
Ashok Mehta Country flag representing In Director 04-May-2021 Current

Financial Performance of Drychem India.

Drychem India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.84% increase. The company also saw a slight decrease in profitability, with a 5.1% decrease in profit. The company's net worth moved up by a moderate rise of 9.77%.

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
35.84%
Revenue from Operations
35.80%
Total Assets
22.12%
Profit or Loss
-5.10%
Net Worth
9.77%
EBITDA
-7.67%

What is the Ownership and Shareholding Structure of Drychem India?

In 2022, Drychem India had a promoter holding of 100.00%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹109.32 Cr

Satisfied Charges

₹50.06 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 37.32 Cr
  • Others : 35.00 Cr
  • Citi Bank N.A. : 20.00 Cr
  • Yes Bank Limited : 10.00 Cr
  • Hdfc Bank Limited : 7.00 Cr

Latest Charge Details

Date Lender Amount Status
13 Mar 2024 Hdfc Bank Limited ₹7.00 Cr Open
10 Dec 2022 Citi Bank N.A. ₹20.00 Cr Open
15 Oct 2020 The Hongkong And Shanghai Banking Corporation Limited ₹2.39 Cr Open
13 Oct 2020 The Hongkong And Shanghai Banking Corporation Limited ₹2.39 Cr Open
13 Oct 2020 The Hongkong And Shanghai Banking Corporation Limited ₹32.54 Cr Open

How Many Employees Work at Drychem India?

Drychem India has a workforce of 25 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 Drychem India, 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 Drychem India'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 Drychem India

Recent activity within the organization

  • Annual General Meeting

    Drychem India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 13 Mar 2024 with Charge ID 100901237 was modified on 02 Jul 2024.

    02 Jul 2024

  • Charges

    A charge registered on 21 Dec 2018 via Charge ID 100241030 with Others was fully satisfied on 16 Apr 2024.

    16 Apr 2024

  • Balance Sheet

    Drychem India 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 Yes Bank Limited of Rs. 10.00 Cr registered on 27 Dec 2016 with Charge ID 100114792 was modified on 19 Mar 2024.

    19 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100901237 was registered on 13 Mar 2024.

    13 Mar 2024

Frequently asked questions

  • Drychem India Private Limited was incorporated on 16 Nov 2010.

  • The authorized share capital of Drychem India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.75 M.

  • Currently 2 directors are associated with Drychem India Private Limited.

    • Ashok Nagardas Mehta
    • Kaushal Ashok Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Drychem India Private Limited is Plot No.A-246 Ttc Industrial Area Midc, Mahape India, Navi Mumbai, Maharashtra, 400701.

  • The corporate identification number (CIN) of Drychem India Private Limited is U26900MH2010PTC210117 and the company number is 210117 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Drychem India Private Limited is https://www.drychem-products-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2022, the revenue trend for Drychem India Private Limited has risen by 35.84%.

  • As Per 2022 financial reports, 25 employees are currently employed by Drychem India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Drychem India Private Limited has experienced an upsurge of 9.77%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Drychem India Private Limited amount to ₹ 109.32 Cr.

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

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