Marathwada Chemical Industries Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.60 M
- Company Age 63 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.82 Cr
- Revenue Growth -5.61%
- Profit Growth -21.18%
- Ebitda -0.85%
- Net Worth -20.53%
- Total Assets 7.82%
About Marathwada Chemical Industries
Marathwada Chemical Industries Private Limited (MCIPL) was founded in India on 12 June 1961 and has a glorious history of 63 years and seven months. Its registered office is in Aurangabad, 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 2.50 M and a paid-up capital of Rs 1.60 M.
The company currently has active open charges totaling ₹1.82 Cr.
Company Details
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Location
Aurangabad, Maharashtra, 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
U24100MH1961PTC012038
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Company No.
012038
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Jun 1961
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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 Mumbai
Industry
What products or services does Marathwada Chemical Industries Private Limited offer?
Marathwada Chemical Industries Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Masterbatches, Inorganic Salts, Aluminum Phosphate, Paint Raw Material, Soya Deodorizer Distillate, Metallic Stearate, Zinc Stearate, Speciality Chemicals, Food Emulsifiers.
Who are the key members and board of directors at Marathwada Chemical Industries?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashokkumar Sikchi
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Director | 01-Oct-1996 | Current |
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Anil Sikchi
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Director | 31-Dec-1980 | Current |
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Vasant Rathi
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Director | 15-Jul-2003 | Current |
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Arunkumar Sikchi
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Director | 01-Oct-1996 | Current |
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Rajesh Rathi
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Director | 05-Jul-2014 | Current |
Financial Performance of Marathwada Chemical Industries.
Marathwada Chemical Industries Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 5.61% decrease. The company also saw a substantial fall in profitability, with a 21.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.53%.
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What is the Ownership and Shareholding Structure of Marathwada Chemical Industries?
In 2022, Marathwada Chemical Industries had a public holding of 90.34%. 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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Sudarshan Chemical Industries LimitedRajesh Rathi is a mutual person
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Balkrishna Rathi Finance Pvt Ltd
Rajesh Rathi is a mutual person
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Sudarshan Csr Foundation
Rajesh Rathi is a mutual person
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Matrix Life Science Private LimitedAshokkumar Sikchi is a mutual person
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Rieco Industries LimitedRajesh Rathi is a mutual person
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Suviron Products Private LimitedVasant Rathi is a mutual person
Charges (Loans)
₹18.21 M
₹0
Charges Breakdown by Lending Institutions
- Bank Of Maharashtra : 1.82 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2010 | Bank Of Maharashtra | ₹1.16 M | Open |
| 28 Dec 2006 | Bank Of Maharashtra | ₹1.71 Cr | Open |
How Many Employees Work at Marathwada Chemical Industries?
Marathwada Chemical Industries has a workforce of 3 employees as of Mar 22, 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 Marathwada Chemical Industries, 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 Marathwada Chemical Industries'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.
