Drychem India Private Limited

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

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

Drychem India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.75 M
  • Company Age 14 Year, 5 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 five 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

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

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
Company report

Drychem India Private Limited

Explore comprehensive data for Drychem India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Kaushal Mehta Country flag representing In Managing Director04-May-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Ashok Mehta Country flag representing In Director 04-May-2021Current

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%.

Drychem India revenue growth over time
Drychem India 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

DateLenderAmountStatus
13 Mar 2024Hdfc Bank Limited₹7.00 CrOpen
10 Dec 2022Citi Bank N.A.₹20.00 CrOpen
15 Oct 2020The Hongkong And Shanghai Banking Corporation Limited₹2.39 CrOpen
13 Oct 2020The Hongkong And Shanghai Banking Corporation Limited₹2.39 CrOpen
13 Oct 2020The Hongkong And Shanghai Banking Corporation Limited₹32.54 CrOpen

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.

Employee growth trends for Drychem India Private Limited

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.

  • 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.

  • Charges

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

  • 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.

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Drychem India Private Limited?

    Drychem India Private Limited was incorporated on 16 Nov 2010.

  • What is authorized share capital and paid-up capital of Drychem India Private Limited?

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

  • Who are the current board members & directors of Drychem India Private Limited?

    Currently 2 directors are associated with Drychem India Private Limited.

    • Ashok Nagardas Mehta
    • Kaushal Ashok Mehta
  • What is the registered address of Drychem India Private Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Drychem India Private Limited?

    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).

  • What is the official website of Drychem India Private Limited?

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

  • What has been the recent revenue trend for Drychem India Private Limited?

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

  • How many employees does Drychem India Private Limited currently have?

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

  • What change has been observed in the net worth of Drychem India Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Drychem India Private Limited?

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

  • When was the last Balance Sheet of Drychem India Private Limited filed with the ROC?

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

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