Saraf Chemicals Private Limited

Manufacturer and exporter of fine and textile chemicals, including UV absorbers, API intermediaries, and dyeing/finishing agents.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated: February 15, 2025

Saraf Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 40 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.00 Cr
  • Satisfied Charges ₹ 126.37 Cr
  • Revenue Growth -59.35%
  • Profit Growth -42.57%
  • Ebitda -46.21%
  • Net Worth -72.26%
  • Total Assets -67.32%

About Saraf Chemicals

Saraf Chemicals Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 July 1984 and has a history of 40 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Vardhan Capital And Finance 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 10.00 Cr and a paid-up capital of Rs 6.00 Cr.

The company currently has active open charges totaling ₹23.00 Cr. The company has closed loans amounting to ₹126.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naresh Saraf, Prakash Saraf, Ashok Saraf, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sarex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100MH1984PTC033486

  • Company No.

    033486

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 1984

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Pharma

What products or services does Saraf Chemicals Private Limited offer?

Saraf Chemicals Private Limited offers a wide range of products and services, including Chemical Compound, Industrial Chemicals & Supplies, Plastic Chemicals, Speciality Chemicals, Camphorquinone.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Naresh Saraf Country flag representing In Managing Director01-Apr-2008Current
Prakash Saraf Country flag representing In Managing Director31-Dec-1984Current
Ashok Saraf Country flag representing In Managing Director20-Jul-1984Current

Board Members (1)

NameDesignationAppointment DateStatus
Mukesh Agrawal Additional Director 01-Oct-2024Current

Financial Performance of Saraf Chemicals.

Saraf Chemicals Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 59.35% decrease. The company also saw a substantial fall in profitability, with a 42.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.26%.

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
-59.35%
Revenue from Operations
-59.38%
Total Assets
-67.32%
Profit or Loss
-42.57%
Net Worth
-72.26%
EBITDA
-46.21%

What is the Ownership and Shareholding Structure of Saraf Chemicals?

In 2024, Saraf 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

₹23.00 Cr

Satisfied Charges

₹126.37 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 11.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 7.00 Cr
  • Axis Trustee Services Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2016Citi Bank N.A.₹11.00 CrOpen
12 Feb 2015The Hongkong And Shanghai Banking Corporation Limited₹7.00 CrOpen
22 Apr 2013Axis Trustee Services Limited₹5.00 CrOpen
19 Apr 2021Citi Bank N.A.₹45.00 CrSatisfied
26 Feb 2020Others₹7.01 MSatisfied

How Many Employees Work at Saraf Chemicals?

Unlock and access historical data on people associated with Saraf 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 Saraf 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 Saraf 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 Saraf Chemicals

Recent activity within the organization

  • Director Appointment

    Mukesh Kumar Agrawal was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2024 & has been associated with this company since 4 months 22 days .

    01 Oct 2024

  • Annual General Meeting

    Saraf Chemicals Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

    20 Sep 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 7.00 Cr registered on 12 Feb 2015 with Charge ID 10551065 was modified on 23 Aug 2024.

    23 Aug 2024

  • Charges

    A charge registered on 19 Apr 2021 via Charge ID 100451412 with Citi Bank N.A. was fully satisfied on 09 Aug 2024.

    09 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 27 Dec 2016 via Charge ID 100085566 with Citi Bank N.A. was fully satisfied on 21 Sep 2023.

    21 Sep 2023

Frequently asked questions

  • Saraf Chemicals Private Limited was incorporated on 20 Jul 1984.

  • The authorized share capital of Saraf Chemicals Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.00 Cr.

  • Currently 4 directors are associated with Saraf Chemicals Private Limited.

    • Naresh Mahavirprasad Saraf
    • Prakash Mahavirprasad Saraf
    • Ashok Mahavirprasad Saraf
    • Mukesh Kumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saraf Chemicals Private Limited is 501/502 Waterford Building 'C' Wing C.D. Barfiwala Marg, Andheri(West) India, Mumbai, Maharashtra, 400058.

  • The corporate identification number (CIN) of Saraf Chemicals Private Limited is U24100MH1984PTC033486 and the company number is 033486 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saraf Chemicals Private Limited is https://www.sarex.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Saraf Chemicals Private Limited has fallen by -59.35%.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Saraf Chemicals Private Limited has experienced an downturn of -72.26%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Saraf Chemicals Private Limited amount to ₹ 23.00 Cr.

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

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