Indace Chem India Private Limited

Trading and manufacturing of chemical and pharmaceutical products.

2008 | Thane, Maharashtra (India) | Active
Last Updated: December 14, 2024

Indace Chem India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.40 Cr
  • Revenue Growth -6.39%
  • Profit Growth 90.23%
  • Ebitda 51.54%
  • Net Worth 18.77%
  • Total Assets 16.21%

About Indace Chem India

Indace Chem India Private Limited (ICIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 November 2008 and has a history of 16 years and two months. Its registered office is in Thane, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹7.40 Cr.

Mahesh Vikam, Zubin Vikam, Rubin Vikam, and One other member serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100MH2008PTC188049

  • Company No.

    188049

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Nov 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Pharma

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

Board Members (4)

Name Designation Appointment Date Status
Mahesh Vikam Country flag representing In Director 13-Apr-2022 Current
Zubin Vikam Country flag representing In Director 07-Nov-2008 Current
Rubin Vikam Country flag representing In Director 13-Apr-2022 Current
Hema Vikam Country flag representing In Director 28-Feb-2013 Current

Financial Performance of Indace Chem India.

Indace Chem India Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 6.39% decrease. The company also saw a substantial improvement in profitability, with a 90.23% increase in profit. The company's net worth Soared by an impressive increase of 18.77%.

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
-6.39%
Revenue from Operations
-10.27%
Total Assets
16.21%
Profit or Loss
90.23%
Net Worth
18.77%
EBITDA
51.54%

What is the Ownership and Shareholding Structure of Indace Chem India?

In 2022, Indace Chem India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹74.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 6.50 Cr
  • Axis Bank Limited : 0.80 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
06 Oct 2023 Others ₹6.50 Cr Open
26 Nov 2021 Hdfc Bank Limited ₹1.00 M Open
25 Oct 2021 Axis Bank Limited ₹8.00 M Open

How Many Employees Work at Indace Chem India?

Unlock and access historical data on people associated with Indace Chem India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indace Chem 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 Indace Chem 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 Indace Chem India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Indace Chem 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 Others amounted to Rs. 65.00 M with Charge ID 100796476 was registered on 06 Oct 2023.

    06 Oct 2023

  • Director Appointment

    Mahesh Premji Vikam was appointed as a Director was appointed as a Director on 13 Apr 2022 & has been associated with this company since 2 years 9 months .

    13 Apr 2022

  • Director Appointment

    Rubin Mahesh Vikam was appointed as a Director was appointed as a Director on 13 Apr 2022 & has been associated with this company since 2 years 9 months .

    13 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100532747 was registered on 26 Nov 2021.

    26 Nov 2021

Frequently asked questions

  • Indace Chem India Private Limited was incorporated on 07 Nov 2008.

  • The authorized share capital of Indace Chem India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Indace Chem India Private Limited.

    • Mahesh Premji Vikam
    • Zubin Mahesh Vikam
    • Rubin Mahesh Vikam
    • Hema Mahesh Vikam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indace Chem India Private Limited is Flat No 2504 Floor 25 Maansarovar Tower Almeida Road, Near Tmc Head Office Panchpakhadi West India, Thane, Maharashtra, 400605.

  • The corporate identification number (CIN) of Indace Chem India Private Limited is U24100MH2008PTC188049 and the company number is 188049 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indace Chem India Private Limited is https://www.aarti-industries.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Indace Chem India Private Limited has fallen by -6.39%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Indace Chem India Private Limited has experienced an upsurge of 18.77%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Indace Chem India Private Limited amount to ₹ 7.40 Cr.

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