Finornic Chemicals (India) Pvt Ltd

Manufactures and supplies fine and specialty chemicals, offers custom synthesis services.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated:

Finornic Chemicals (India) Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.13 Cr
  • Satisfied Charges ₹ 12.23 Cr
  • Revenue Growth -0.51%
  • Profit Growth -54.63%
  • Ebitda -34.49%
  • Net Worth 14.45%
  • Total Assets 31.51%

About Finornic Chemicals (India)

Finornic Chemicals (India) Pvt Ltd (FCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 November 1991 and has a history of 33 years and three months. Its registered office is in Mumbai, Maharashtra, India.

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 4.00 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹5.13 Cr. The company has closed loans amounting to ₹12.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Doongarshi Ratanshi, Manjula Doongarshi, Manish Doongarshi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100MH1991PTC064012

  • Company No.

    064012

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

Who are the key members and board of directors at Finornic Chemicals (India)?

Board Members (6)

NameDesignationAppointment DateStatus
Manish Doongarshi Country flag representing In Director 18-Aug-1992Current
Jasmine Jatin Country flag representing In Director 01-Apr-2009Current
Doongarshi Ratanshi Country flag representing In Director 15-Nov-1991Current
Manjula Doongarshi Country flag representing In Director 18-Aug-1992Current
Jatin Doongarshi Country flag representing In Director 12-Dec-1997Current
Seema Manish Country flag representing In Director 01-Apr-2009Current

Financial Performance of Finornic Chemicals (India).

Finornic Chemicals (India) Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.51% decrease. The company also saw a substantial fall in profitability, with a 54.63% decrease in profit. The company's net worth Soared by an impressive increase of 14.45%.

Finornic Chemicals (India) revenue growth over time
Finornic Chemicals (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
-0.51%
Revenue from Operations
-0.10%
Total Assets
31.51%
Profit or Loss
-54.63%
Net Worth
14.45%
EBITDA
-34.49%

What is the Ownership and Shareholding Structure of Finornic Chemicals (India)?

In 2023, Finornic Chemicals (India) had a promoter holding of 94.86% and a public holding of 5.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.29 M

Satisfied Charges

₹122.30 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 5.00 Cr
  • Hdfc Bank Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2023Hdfc Bank Limited₹1.29 MOpen
16 Mar 2019Yes Bank Limited₹5.00 CrOpen
12 Sep 2014Bank Of Baroda₹1.50 CrSatisfied
12 Sep 2014Others₹2.50 CrSatisfied
19 Apr 2011Bank Of Baroda₹1.00 CrSatisfied

How Many Employees Work at Finornic Chemicals (India)?

Finornic Chemicals (India) has a workforce of 42 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.

Employee growth trends for Finornic Chemicals (India) Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finornic Chemicals (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 Finornic Chemicals (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 Finornic Chemicals (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.29 M with Charge ID 100842717 was registered on 29 Dec 2023.

  • Annual General Meeting

    Finornic Chemicals (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Finornic Chemicals (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Yes Bank Limited of Rs. 50.00 M registered on 16 Mar 2019 with Charge ID 100255311 was modified on 16 Mar 2022.

  • Charges

    A charge registered on 12 Sep 2014 via Charge ID 10522275 with Bank Of Baroda was fully satisfied on 10 May 2019.

  • Charges

    A charge registered on 12 Sep 2014 via Charge ID 10522279 with Others was fully satisfied on 10 May 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Finornic Chemicals (India) Pvt Ltd?

    Finornic Chemicals (India) Pvt Ltd was incorporated on 15 Nov 1991.

  • What is authorized share capital and paid-up capital of Finornic Chemicals (India) Pvt Ltd?

    The authorized share capital of Finornic Chemicals (India) Pvt Ltd is ₹ 4.00 M and paid-up capital is ₹ 3.50 M.

  • Who are the current board members & directors of Finornic Chemicals (India) Pvt Ltd?

    Currently 6 directors are associated with Finornic Chemicals (India) Pvt Ltd.

    • Doongarshi Shah Ratanshi
    • Manjula Shah Doongarshi
    • Manish Shah Doongarshi
    • Jatin Shah Doongarshi
    • Jasmine Shah Jatin
    • Seema Shah Manish
  • What is the registered address of Finornic Chemicals (India) Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Finornic Chemicals (India) Pvt Ltd is 503 Odina 10 Central Avenue Santacruz (West), Mumbai, Maharashtra, India, 400054.

  • What is the corporate identification number (CIN) and company number of Finornic Chemicals (India) Pvt Ltd?

    The corporate identification number (CIN) of Finornic Chemicals (India) Pvt Ltd is U24100MH1991PTC064012 and the company number is 064012 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Finornic Chemicals (India) Pvt Ltd?

    The Official website of Finornic Chemicals (India) Pvt Ltd is https://www.finornic.com

  • What has been the recent revenue trend for Finornic Chemicals (India) Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Finornic Chemicals (India) Pvt Ltd has fallen by -0.51%.

  • How many employees does Finornic Chemicals (India) Pvt Ltd currently have?

    As Per 2023 financial reports, 42 employees are currently employed by Finornic Chemicals (India) Pvt Ltd.

  • What change has been observed in the net worth of Finornic Chemicals (India) Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Finornic Chemicals (India) Pvt Ltd has experienced an upsurge of 14.45%.

  • What are the total open charges for Finornic Chemicals (India) Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Finornic Chemicals (India) Pvt Ltd amount to ₹ 5.13 Cr.

  • When was the last Balance Sheet of Finornic Chemicals (India) Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Finornic Chemicals (India) Pvt Ltd was filed with the ROC on 31 Mar 2023.