Indo Colchem Limited logo

Indo Colchem Limited

Manufacturer and marketer of various dyes and pigments, with international exports and OHSAS certification.
1986 | Ahmedabad, Gujarat (India) | Active

Last Updated:

November 16, 2024
HomeCompanyIndo Colchem Limited

Who are the key members and board of directors at Indo Colchem?

Executive Team (2)

NameDesignationAppointment DateStatus
Chirag Shah InManaging Director30-May-2009Current
Shrenik Parekh InCFO01-Jun-2023Current

Board Members(7)

NameDesignationAppointment DateStatus
Satish Shah In Director 01-Jul-2009Current
Parimal Patwa In Director 06-Nov-2019Current
Kusum Shah In Director 30-Sep-2010Current
Piyushkumar Patel In Additional Director 01-May-2024Current
Rahul Modi In Additional Director 30-Dec-2023Current
Nikunjbhai Shah In Director 05-Nov-2022Current

Financial Performance and Corporate Structure Insights of Indo Colchem.

Indo Colchem Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.39% decrease. The company also saw a substantial improvement in profitability, with a 24.56% increase in profit. The company's net worth moved up by a moderate rise of 4.09%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-12.39%
Revenue from Operations
-13.25%
Total Assets
8.35%
Profit or Loss
24.56%
Net Worth
4.09%
EBITDA
65.98%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹87.63 Cr

₹78.15 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 16 Oct 2023
₹4.00 CrOpen

Axis Bank Limited

Creation Date: 18 Aug 2021
₹2.41 CrOpen

Others

Creation Date: 05 Mar 2021
₹3.85 CrOpen

How Many Employees Work at Indo Colchem?

Indo Colchem has a workforce of 58 employees as of Apr 05, 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.

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Rating

Alerts

Latest Updates, News, and FAQs on Indo Colchem

Recent activity within the organization

  • Director Appointment

    Piyushkumar Ranchhodbhai Patel was appointed as a Additional Director was appointed as a Additional Director on 01 May 2024 & has been associated with this company since 7 months 20 days .

    01 May 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 4.00 Cr registered on 16 Oct 2023 with Charge ID 100816261 was modified on 13 Mar 2024.

    13 Mar 2024

  • Charges

    A charge with Others of Rs. 33.51 Cr registered on 06 Nov 2014 with Charge ID 10535714 was modified on 13 Mar 2024.

    13 Mar 2024

  • Director Appointment

    Rahul Hareshbhai Modi was appointed as a Additional Director was appointed as a Additional Director on 30 Dec 2023 & has been associated with this company since 11 months 21 days .

    30 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 29.56 Cr registered on 01 Nov 2014 with Charge ID 10535723 was modified on 29 Nov 2023.

    29 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100816261 was registered on 16 Oct 2023.

    16 Oct 2023

Frequently asked questions

  • Indo Colchem Limited was incorporated on 26 Sep 1986.

  • The authorized share capital of Indo Colchem Limited is ₹ 14.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 9 directors are associated with Indo Colchem Limited.

    • Parimal Suryakant Patwa
    • Satish Sampatraj Shah
    • Chirag Satish Shah
    • Kusum Satish Shah
    • Piyushkumar Ranchhodbhai Patel
    • Rahul Hareshbhai Modi
    • Nikunjbhai Rasiklal Shah
    • Bharatbhai Ishwarbhai Rabari
    • Shrenik Anil Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indo Colchem Limited is 36 2 Phase Iigidc Estate Vatva India, Ahmedabad, Gujarat, 382445.

  • The corporate identification number (CIN) of Indo Colchem Limited is U24100GJ1986PLC009016 and the company number is 009016 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indo Colchem Limited is https://www.indocol.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indo Colchem Limited has fallen by -12.39%.

  • As Per 2023 financial reports, 58 employees are currently employed by Indo Colchem Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indo Colchem Limited has experienced an upsurge of 4.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indo Colchem Limited amount to ₹ 87.63 Cr.

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

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