Korson Chem-Tech Private Limited

Chemical manufacturing and distribution for pest control and fumigation.

2010 | Rajkot, Gujarat (India) | Active
Last Updated:

Korson Chem-Tech Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.91 Cr
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.43 Cr
  • Satisfied Charges ₹ 3.60 Cr
  • Revenue Growth -49.16%
  • Profit Growth -131.86%
  • Ebitda -94.68%
  • Net Worth -12.49%
  • Total Assets -18.56%

About Korson Chem-Tech

Korson Chem-Tech Private Limited (KCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 May 2010 and has a history of 14 years and 11 months. Its registered office is in Rajkot, 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 10.00 Cr and a paid-up capital of Rs 6.91 Cr.

The company currently has active open charges totaling ₹8.43 Cr. The company has closed loans amounting to ₹3.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nishant Koradiya and Dipen Koradiya serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24100GJ2010PTC060679

  • Company No.

    060679

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2010

  • Date of AGM

    31 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials
Company report

Korson Chem-Tech Private Limited

Explore comprehensive data for Korson Chem-Tech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Korson Chem-Tech?

Board Members (2)

NameDesignationAppointment DateStatus
Nishant Koradiya Country flag representing In Director 04-Sep-2024Current
Dipen Koradiya Country flag representing In Director 09-Sep-2024Current

Financial Performance of Korson Chem-Tech.

Korson Chem-Tech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.16% decrease. The company also saw a substantial fall in profitability, with a 131.86% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.49%.

Korson Chem-Tech revenue growth over time
Korson Chem-Tech 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
-49.16%
Revenue from Operations
-49.13%
Total Assets
-18.56%
Profit or Loss
-131.86%
Net Worth
-12.49%
EBITDA
-94.68%

What is the Ownership and Shareholding Structure of Korson Chem-Tech?

In 2023, Korson Chem-Tech had a promoter holding of 67.00% and a public holding of 33.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.43 Cr

Satisfied Charges

₹3.60 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 8.43 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2019Hdfc Bank Limited₹8.43 CrOpen
31 May 2016Others₹3.60 CrSatisfied

How Many Employees Work at Korson Chem-Tech?

Korson Chem-Tech has a workforce of 57 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.

Employee growth trends for Korson Chem-Tech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Korson Chem-Tech, 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 Korson Chem-Tech'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 Korson Chem-Tech

Recent activity within the organization

  • Director Appointment

    Dipen Prabhudas Koradiya was appointed as a Director was appointed as a Director on 09 Sep 2024 & has been associated with this company since 7 months 18 days .

  • Director Appointment

    Nishant Gokalbhai Koradiya was appointed as a Director was appointed as a Director on 04 Sep 2024 & has been associated with this company since 7 months 23 days .

  • Annual General Meeting

    Korson Chem-Tech Private Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Korson Chem-Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 8.43 Cr registered on 27 Nov 2019 with Charge ID 100305185 was modified on 03 Dec 2021.

  • Charges

    A charge registered on 31 May 2016 via Charge ID 100031381 with Others was fully satisfied on 27 Dec 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Korson Chem-Tech Private Limited?

    Korson Chem-Tech Private Limited was incorporated on 13 May 2010.

  • What is authorized share capital and paid-up capital of Korson Chem-Tech Private Limited?

    The authorized share capital of Korson Chem-Tech Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.91 Cr.

  • Who are the current board members & directors of Korson Chem-Tech Private Limited?

    Currently 2 directors are associated with Korson Chem-Tech Private Limited.

    • Nishant Gokalbhai Koradiya
    • Dipen Prabhudas Koradiya

  • What is the registered address of Korson Chem-Tech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Korson Chem-Tech Private Limited is Plot No. L - 11 G.I.D.C. Rajkot Ahmedabad National Highway, India, Kuvadava, Gujarat, 360023.

  • What is the corporate identification number (CIN) and company number of Korson Chem-Tech Private Limited?

    The corporate identification number (CIN) of Korson Chem-Tech Private Limited is U24100GJ2010PTC060679 and the company number is 060679 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Korson Chem-Tech Private Limited?

    The Official website of Korson Chem-Tech Private Limited is https://www.fieldphos.com

  • What has been the recent revenue trend for Korson Chem-Tech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Korson Chem-Tech Private Limited has fallen by -49.16%.

  • How many employees does Korson Chem-Tech Private Limited currently have?

    As Per 2023 financial reports, 57 employees are currently employed by Korson Chem-Tech Private Limited.

  • What change has been observed in the net worth of Korson Chem-Tech Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Korson Chem-Tech Private Limited has experienced an downturn of -12.49%.

  • What are the total open charges for Korson Chem-Tech Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Korson Chem-Tech Private Limited amount to ₹ 8.43 Cr.

  • When was the last Balance Sheet of Korson Chem-Tech Private Limited filed with the ROC?

    The most recent Balance Sheet for Korson Chem-Tech Private Limited was filed with the ROC on 31 Mar 2024.

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