Indo Colchem Profile
Key Indicators
- Authorised Capital ₹ 14.00 Cr
- Paid Up Capital ₹ 10.00 Cr
- Company Age 38 Year, 4 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 four 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
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24100GJ1986PLC009016
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Company No.
009016
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
26 Sep 1986
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Indo Colchem?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chirag Shah
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Managing Director | 01-Jun-2012 | Current |
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Shrenik Parekh
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CFO | 20-Jun-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Satish Shah
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Director | 01-Jul-2009 | Current |
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Kusum Shah
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Director | 30-Sep-2010 | Current |
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Rahul Modi
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Director | 20-Oct-2023 | Current |
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Nikunjbhai Shah
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Director | 05-Nov-2022 | Current |
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Bharatbhai Rabari
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Director | 28-Dec-2022 | Current |
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Piyushkumar Patel
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Director | 01-Apr-2024 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Karnavati Club LimitedSatish Shah is a mutual person
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Mafia Trends LimitedParimal Patwa is a mutual person
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Sera Investments & Finance India LimitedParimal Patwa is a mutual person
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Oceanic Foods LimitedRahul Modi is a mutual person
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Strategic Investors LlpSatish Shah, Chirag Shah and 1 more are mutual person
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Clairvoyance Industries Private Limited
Satish Shah and Chirag Shah are mutual person
Charges (Loans)
₹87.63 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2023 | Axis Bank Limited | ₹4.00 Cr | Open |
| 18 Aug 2021 | Axis Bank Limited | ₹2.41 Cr | Open |
| 05 Mar 2021 | Others | ₹3.85 Cr | Open |
| 15 Mar 2019 | Axis Bank Limited | ₹14.20 Cr | Open |
| 06 Nov 2014 | Others | ₹33.51 Cr | Open |
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.
Deals i
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
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
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.
