Mutual Chemicals Pvt Ltd

Produces basic organic chemicals for various industries.

1992 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 01, 2025

Mutual Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 5.10 M
  • Paid Up Capital ₹ 5.10 M
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.92 Cr
  • Satisfied Charges ₹ 3.61 Cr
  • Revenue Growth 108.04%
  • Profit Growth 71.21%
  • Ebitda 39.33%
  • Net Worth 5.88%
  • Total Assets -38.33%

About Mutual Chemicals

Mutual Chemicals Pvt Ltd (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 1992 and has a history of 32 years and ten months. Its registered office is in Ahmedabad, Gujarat, 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 5.10 M and a paid-up capital of Rs 5.10 M.

The company currently has active open charges totaling ₹10.92 Cr. The company has closed loans amounting to ₹3.61 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipul Shah and Neha Shah 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

    U24231GJ1992PTC017385

  • Company No.

    017385

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

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

Board Members (2)

Name Designation Appointment Date Status
Vipul Shah Country flag representing In Director 26-Mar-1992 Current
Neha Shah Country flag representing In Director 12-Dec-2009 Current

Financial Performance of Mutual Chemicals.

Mutual Chemicals Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 108.04% increase. The company also saw a substantial improvement in profitability, with a 71.21% increase in profit. The company's net worth moved up by a moderate rise of 5.88%.

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
108.04%
Revenue from Operations
109.61%
Total Assets
-38.33%
Profit or Loss
71.21%
Net Worth
5.88%
EBITDA
39.33%

What is the Ownership and Shareholding Structure of Mutual Chemicals?

In 2022, Mutual 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

₹109.22 M

Satisfied Charges

₹36.07 M

Charges Breakdown by Lending Institutions

  • Others : 10.92 Cr

Latest Charge Details

Date Lender Amount Status
23 Jul 2013 Others ₹8.42 Cr Open
28 Jun 2013 Others ₹2.50 Cr Open
21 Apr 2006 Bombay Mercantile Cooperative Bank Limited ₹3.10 Cr Satisfied
02 Dec 2004 Bombay Mercantile Co-Op. Bank Limited ₹1.50 M Satisfied
31 Jul 1996 Bombay Mercantile Co-Op. Bank Limited ₹0.60 M Satisfied

How Many Employees Work at Mutual Chemicals?

Unlock and access historical data on people associated with Mutual Chemicals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mutual 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 Mutual 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 Mutual Chemicals

Recent activity within the organization

  • Annual General Meeting

    Mutual Chemicals Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mutual Chemicals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 84.22 M registered on 23 Jul 2013 with Charge ID 10477467 was modified on 28 Jan 2021.

    28 Jan 2021

  • Charges

    A charge with Others of Rs. 25.00 M registered on 28 Jun 2013 with Charge ID 10477468 was modified on 14 Jun 2017.

    14 Jun 2017

  • Charges

    A charge with Others amounted to Rs. 84.22 M with Charge ID 10477467 was registered on 23 Jul 2013.

    23 Jul 2013

  • Charges

    A charge registered on 21 Apr 2006 via Charge ID 10003488 with Bombay Mercantile Cooperative Bank Limited was fully satisfied on 20 Jul 2013.

    20 Jul 2013

Frequently asked questions

  • Mutual Chemicals Pvt Ltd was incorporated on 26 Mar 1992.

  • The authorized share capital of Mutual Chemicals Pvt Ltd is ₹ 5.10 M and paid-up capital is ₹ 5.10 M.

  • Currently 2 directors are associated with Mutual Chemicals Pvt Ltd.

    • Vipul Ramesh Shah
    • Neha Vipul Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mutual Chemicals Pvt Ltd is 7 / 8 Second Floorsuvidha Shopping Centre Nr Nutan Society Paldi India, Ahmedabd, Gujarat, 380007.

  • The corporate identification number (CIN) of Mutual Chemicals Pvt Ltd is U24231GJ1992PTC017385 and the company number is 017385 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mutual Chemicals Pvt Ltd has risen by 108.04%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mutual Chemicals Pvt Ltd has experienced an upsurge of 5.88%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mutual Chemicals Pvt Ltd amount to ₹ 10.92 Cr.

  • The most recent Balance Sheet for Mutual Chemicals Pvt Ltd was filed with the ROC on 31 Mar 2024.

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