Indo Colchem Limited

Manufacturer and marketer of various dyes and pigments, with international exports and OHSAS certification.

1986 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Indo Colchem Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 87.63 Cr
  • Satisfied Charges ₹ 78.15 Cr
  • Revenue Growth 26.47%
  • Profit Growth 3.59%
  • Ebitda -26.10%
  • Net Worth 4.07%
  • Total Assets -1.59%

About Indo Colchem

Indo Colchem Limited (ICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 September 1986 and has a history of 38 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Ms Papers Private Limited. 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 14.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹87.63 Cr. The company has closed loans amounting to ₹78.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Indo Colchem Limited India is Shrenik Parekh as CFO. Satish Shah, Chirag Shah, Kusum Shah, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100GJ1986PLC009016

  • Company No.

    009016

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Sep 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Indo Colchem Limited offer?

Indo Colchem Limited offers a wide range of products and services, including Dyes & Color Additives, Reactive Dyes, Paints, Wall Putty & Varnishes, Shade Cards, Yellow Dyes.

Company report

Indo Colchem Limited

Explore comprehensive data for Indo Colchem Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Chirag Shah Country flag representing In Managing Director01-Jun-2012Current
Shrenik Parekh Country flag representing In CFO20-Jun-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Satish Shah Country flag representing In Director 01-Jul-2009Current
Kusum Shah Country flag representing In Director 30-Sep-2010Current
Rahul Modi Country flag representing In Director 20-Oct-2023Current
Nikunjbhai Shah Country flag representing In Director 05-Nov-2022Current
Bharatbhai Rabari Country flag representing In Director 28-Dec-2022Current
Piyushkumar Patel Country flag representing In Director 01-Apr-2024Current

Financial Performance of Indo Colchem.

Indo Colchem Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 26.47% increase. The company also saw a slight improvement in profitability, with a 3.59% increase in profit. The company's net worth moved up by a moderate rise of 4.07%.

Indo Colchem revenue growth over time
Indo Colchem 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
26.47%
Revenue from Operations
26.67%
Total Assets
-1.59%
Profit or Loss
3.59%
Net Worth
4.07%
EBITDA
-26.10%

What is the Ownership and Shareholding Structure of Indo Colchem?

In 2024, Indo Colchem had a promoter holding of 99.98% and a public holding of 0.02%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹87.63 Cr

Satisfied Charges

₹78.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 37.36 Cr
  • Hdfc Bank Limited : 29.56 Cr
  • Axis Bank Limited : 20.61 Cr
  • Anz Grindlays Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
16 Oct 2023Axis Bank Limited₹4.00 CrOpen
18 Aug 2021Axis Bank Limited₹2.41 CrOpen
05 Mar 2021Others₹3.85 CrOpen
15 Mar 2019Axis Bank Limited₹14.20 CrOpen
06 Nov 2014Others₹33.51 CrOpen

How Many Employees Work at Indo Colchem?

Indo Colchem has a workforce of 60 employees as of Dec 27, 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 Indo Colchem Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indo Colchem, 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 Indo Colchem'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 Indo Colchem

Recent activity within the organization

  • Annual General Meeting

    Indo Colchem Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Piyushkumar Ranchhodbhai Patel was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 1 year 25 days .

  • Balance Sheet

    Indo Colchem Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • 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.

  • 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.

  • 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.

Frequently asked questions

  • What is the Incorporation or founding date of Indo Colchem Limited?

    Indo Colchem Limited was incorporated on 26 Sep 1986.

  • What is authorized share capital and paid-up capital of Indo Colchem Limited?

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

  • Who are the current board members & directors of Indo Colchem Limited?

    Currently 9 directors are associated with Indo Colchem Limited.

    • Satish Sampatraj Shah
    • Chirag Satish Shah
    • Kusum Satish Shah
    • Rahul Hareshbhai Modi
    • Nikunjbhai Rasiklal Shah
    • Bharatbhai Ishwarbhai Rabari
    • Shrenik Anil Parekh
    • Piyushkumar Ranchhodbhai Patel
    • Parimal Suryakant Patwa

  • What is the registered address of Indo Colchem Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Indo Colchem Limited?

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

  • What is the official website of Indo Colchem Limited?

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

  • What has been the recent revenue trend for Indo Colchem Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Indo Colchem Limited has risen by 26.47%.

  • How many employees does Indo Colchem Limited currently have?

    As Per 2024 financial reports, 60 employees are currently employed by Indo Colchem Limited.

  • What change has been observed in the net worth of Indo Colchem Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Indo Colchem Limited has experienced an upsurge of 4.07%.

  • What are the total open charges for Indo Colchem Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Indo Colchem Limited amount to ₹ 87.63 Cr.

  • When was the last Balance Sheet of Indo Colchem Limited filed with the ROC?

    The most recent Balance Sheet for Indo Colchem Limited was filed with the ROC on 31 Mar 2024.

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