Megachem Specialty Chemicals (I) Private Limited

Specializes in trading and distributing specialty chemicals, additives, and related products.

2009 | Navi Mumbai, Maharashtra (India) | Active
Last Updated: June 14, 2024

Megachem Specialty Chemicals (I) Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 7.62 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -26.71%
  • Profit Growth -584.40%
  • Ebitda -242.99%
  • Net Worth -1568.47%
  • Total Assets -18.61%

About Megachem Specialty Chemicals (I)

Megachem Specialty Chemicals (I) Private Limited (MSCIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 17 July 2009 and has a history of 15 years and seven months. Its registered office is in Navi Mumbai, Maharashtra, India.

The Corporate was formerly known as Mgi Chemicals 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 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 7.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kaustubh Paranjape, Choon Chew, Swagat Waghmode, and Two other members serve as directors at the Company.

Company Details

  • Location

    Navi Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    megachem.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100MH2009FTC194178

  • Company No.

    194178

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    17 Jul 2009

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Megachem Specialty Chemicals (I) Private Limited offer?

Megachem Specialty Chemicals (I) Private Limited offers a wide range of products and services, including Flavours & Aromatics, Food Preservative, Industrial Chemicals & Supplies, Water Coagulant, Cement and Concrete, Roofing & Special Purpose Cements, Detergent, Emulsion Paints, Acrylic Emulsions, Cleaning Liquids & Wipes.

Who are the key members and board of directors at Megachem Specialty Chemicals (I)?

Board Members (5)

NameDesignationAppointment DateStatus
Yau Hwa Country flag representing Sg Director 08-Sep-2021Current
Kaustubh Paranjape Country flag representing In Director Current
Choon Chew Country flag representing My Director 30-Jul-2009Current
Swagat Waghmode Country flag representing In Director 16-Feb-2024Current
Sanjaya Panda Country flag representing In Additional Director 21-Feb-2024Current

Financial Performance of Megachem Specialty Chemicals (I).

Megachem Specialty Chemicals (I) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.71% decrease. The company also saw a substantial fall in profitability, with a 584.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1568.47%.

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
-26.71%
Revenue from Operations
-26.63%
Total Assets
-18.61%
Profit or Loss
-584.40%
Net Worth
-1568.47%
EBITDA
-242.99%

What is the Ownership and Shareholding Structure of Megachem Specialty Chemicals (I)?

In 2021, Megachem Specialty Chemicals (I) 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Megachem Specialty Chemicals (I)?

Megachem Specialty Chemicals (I) has a workforce of 21 employees as of Apr 08, 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 Megachem Specialty Chemicals (I), 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 Megachem Specialty Chemicals (I)'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 Megachem Specialty Chemicals (I)

Recent activity within the organization

  • Director Appointment

    Sanjaya Kumar Panda was appointed as a Additional Director was appointed as a Additional Director on 21 Feb 2024 & has been associated with this company since 1 year 5 days .

    21 Feb 2024

  • Director Appointment

    Swagat Hari Waghmode was appointed as a Director was appointed as a Director on 16 Feb 2024 & has been associated with this company since 1 year 10 days .

    16 Feb 2024

  • Annual General Meeting

    Megachem Specialty Chemicals (I) Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Megachem Specialty Chemicals (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Yau Thiam Hwa was appointed as a Director was appointed as a Director on 08 Sep 2021 & has been associated with this company since 3 years 5 months .

    08 Sep 2021

  • Director Appointment

    Choon Tee Chew was appointed as a Director was appointed as a Director on 30 Jul 2009 & has been associated with this company since 15 years 6 months .

    30 Jul 2009

Frequently asked questions

  • Megachem Specialty Chemicals (I) Private Limited was incorporated on 17 Jul 2009.

  • The authorized share capital of Megachem Specialty Chemicals (I) Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 7.62 Cr.

  • Currently 5 directors are associated with Megachem Specialty Chemicals (I) Private Limited.

    • Kaustubh Arvind Paranjape
    • Choon Tee Chew
    • Swagat Hari Waghmode
    • Yau Thiam Hwa
    • Sanjaya Kumar Panda
  • As per Ministry of Corporate Affairs (Mca), the registered address of Megachem Specialty Chemicals (I) Private Limited is 702 And 703Fairmount Plot No.4 To 6 Sec-17Sanpad Navi Mumbai, Maharashtra, India, 400705.

  • The corporate identification number (CIN) of Megachem Specialty Chemicals (I) Private Limited is U24100MH2009FTC194178 and the company number is 194178 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Megachem Specialty Chemicals (I) Private Limited is https://www.megachem.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Megachem Specialty Chemicals (I) Private Limited has fallen by -26.71%.

  • As Per 2023 financial reports, 21 employees are currently employed by Megachem Specialty Chemicals (I) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Megachem Specialty Chemicals (I) Private Limited has experienced an downturn of -1568.47%.

  • The most recent Balance Sheet for Megachem Specialty Chemicals (I) Private Limited was filed with the ROC on 31 Mar 2023.

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