Sovika Chemicals Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.00 M
- Company Age 44 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 98.73 Cr
- Revenue Growth 37.83%
- Profit Growth 98.69%
- Ebitda 80.67%
- Net Worth 226.56%
- Total Assets 0.38%
About Sovika Chemicals
Sovika Chemicals Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 1980 and has a history of 44 years and five months. Its registered office is in Mumbai, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹98.73 Cr.
Sahil Mehta, Kunal Desai, Sohan Mehta, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24100MH1980PTC023118
- Company No.
023118
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Sep 1980
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Sovika Chemicals Private Limited offer?
Sovika Chemicals Private Limited offers a wide range of products and services, including Inorganic Acids, Phosphoric Acid, Caustic Soda, Caustic Soda Flakes.
Who are the key members and board of directors at Sovika Chemicals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sohan Mehta  | Managing Director | 12-Sep-1980 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sahil Mehta | Director | 20-Apr-1994 | Current |
| Kunal Desai | Director | 12-May-2014 | Current |
| Shirish Desai | Director | 23-Oct-1984 | Current |
Financial Performance of Sovika Chemicals.
Sovika Chemicals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.83% increase. The company also saw a substantial improvement in profitability, with a 98.69% increase in profit. The company's net worth Soared by an impressive increase of 226.56%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sovika Chemicals?
In 2023, Sovika Chemicals had a promoter holding of 100.00%. The company had 1 Subsidiary and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sanghvi Organics Pvt LtdSohan Mehta and Shirish Desai are mutual person
Brring2.0 Consumer Brands Private LimitedSahil Mehta is a mutual person
- Brring Integrated Logistics Private Limited
Sahil Mehta is a mutual person
- Brring Distribution Solutions Private Limited
Sahil Mehta is a mutual person
Sky High Airport Services Private LimitedSahil Mehta is a mutual person
Aircrew Technical Services LlpSahil Mehta, Sohan Mehta and 1 more are mutual person
Charges (Loans)
₹987.35 M
₹0
Charges Breakdown by Lending Institutions
- Others : 89.91 Cr
- Union Bank Of India : 7.66 Cr
- Dena Bank : 0.50 Cr
- The Hongkong & Shanghai Banking Corporation : 0.46 Cr
- The Hongkong & Shanghai Baking Corporation : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2023 | Others | ₹9.91 Cr | Open |
| 03 Oct 2020 | Others | ₹1.40 Cr | Open |
| 10 Sep 2020 | Others | ₹4.05 M | Open |
| 24 Jul 2020 | Others | ₹7.00 M | Open |
| 29 Mar 2019 | Others | ₹69.00 Cr | Open |
How Many Employees Work at Sovika Chemicals?
Unlock and access historical data on people associated with Sovika Chemicals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sovika 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 Sovika Chemicals'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.
