Initiative Chemicals Private Limited

Manufacturer of water treatment chemicals, plants, and accessories for various industries and applications.

1996 | Delhi (India) | Active
Last Updated: December 05, 2024

Initiative Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.90 M
  • Revenue Growth 3.23%
  • Profit Growth -9.04%
  • Ebitda -30.68%
  • Net Worth 301.41%
  • Total Assets 22.04%

About Initiative Chemicals

Initiative Chemicals Private Limited (ICPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 November 1996 and has a history of 28 years and three months. Its registered office is in Delhi, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹0.90 M.

Ashish Srivastava and Anjali Srivastava serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02944DL1996PTC083112

  • Company No.

    083112

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials

What products or services does Initiative Chemicals Private Limited offer?

Initiative Chemicals Private Limited offers a wide range of products and services, including Water Treatment & Purification Plant, Water Softening Systems, Filters & Filtration Systems, Sand Filters.

Who are the key members and board of directors at Initiative Chemicals?

Board Members (2)

Name Designation Appointment Date Status
Ashish Srivastava Country flag representing In Director 05-Nov-1996 Current
Anjali Srivastava Country flag representing In Director 17-Feb-2014 Current

Financial Performance of Initiative Chemicals.

Initiative Chemicals Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 3.23% increase. The company also saw a slight decrease in profitability, with a 9.04% decrease in profit. The company's net worth Soared by an impressive increase of 301.41%.

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
3.23%
Revenue from Operations
3.24%
Total Assets
22.04%
Profit or Loss
-9.04%
Net Worth
301.41%
EBITDA
-30.68%

What is the Ownership and Shareholding Structure of Initiative Chemicals?

In 2018, Initiative Chemicals 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

₹0.90 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
09 Oct 2017 Canara Bank ₹0.90 M Open

How Many Employees Work at Initiative Chemicals?

Initiative Chemicals has a workforce of 4 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Initiative Chemicals, 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 Initiative Chemicals'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 Initiative Chemicals

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Initiative Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.90 M with Charge ID 100144480 was registered on 09 Oct 2017.

    09 Oct 2017

  • Director Appointment

    Anjali Srivastava was appointed as a Director was appointed as a Director on 17 Feb 2014 & has been associated with this company since 10 years 11 months .

    17 Feb 2014

  • Director Appointment

    Ashish Kumar Srivastava was appointed as a Director was appointed as a Director on 05 Nov 1996 & has been associated with this company since 28 years 3 months .

    05 Nov 1996

  • Company Incorporation

    Initiative Chemicals Private Limited was registered on 05 Nov 1996 with Roc Delhi & aged 28 years 3 months as per MCA records.

    05 Nov 1996

Frequently asked questions

  • Initiative Chemicals Private Limited was incorporated on 05 Nov 1996.

  • The authorized share capital of Initiative Chemicals Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Initiative Chemicals Private Limited.

    • Ashish Kumar Srivastava
    • Anjali Srivastava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Initiative Chemicals Private Limited is 821-B On Ground Floor Tirthankar Nagar, Jain Colony India, Delhi, 110081.

  • The corporate identification number (CIN) of Initiative Chemicals Private Limited is U02944DL1996PTC083112 and the company number is 083112 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Initiative Chemicals Private Limited is https://www.icplgroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Initiative Chemicals Private Limited has risen by 3.23%.

  • As Per 2020 financial reports, 4 employees are currently employed by Initiative Chemicals Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Initiative Chemicals Private Limited has experienced an upsurge of 301.41%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Initiative Chemicals Private Limited amount to ₹ 0.90 M.

  • The most recent Balance Sheet for Initiative Chemicals Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Industrial Chemicals