Swasti Chem Private Limited

Chemical trading company established in 1994, based in Erode, Tamil Nadu.

1994 | Erode, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Swasti Chem Profile

Key Indicators

  • Authorised Capital ₹ 1.15 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.06 Cr
  • Revenue Growth 0.06%
  • Profit Growth -77.92%
  • Ebitda -41.92%
  • Net Worth 2.93%
  • Total Assets -17.79%

About Swasti Chem

Swasti Chem Private Limited (SCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 1994 and has a history of 30 years and three months. Its registered office is in Erode, Tamil Nadu, 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 1.15 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹11.06 Cr.

Lingamurthy Nareshchandran and Erode Lingamurthy serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24222TZ1994PTC005414

  • Company No.

    005414

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Chemicals and Materials

What products or services does Swasti Chem Private Limited offer?

Swasti Chem Private Limited offers a wide range of products and services, including Organic and Inorganic Solvents, Alcohol Solvents, Industrial Chemicals & Supplies, Fragrance Chemicals, Carboxylate Esters, Ketones, Acetone Solvent, Caustic Soda, Caustic Soda Flakes, Hydrogen Peroxide.

Who are the key members and board of directors at Swasti Chem?

Board Members (2)

Name Designation Appointment Date Status
Lingamurthy Nareshchandran Country flag representing In Director 26-Sep-2005 Current
Erode Lingamurthy Country flag representing In Director 27-Aug-2003 Current

Financial Performance of Swasti Chem.

Swasti Chem Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.06% increase. The company also saw a substantial fall in profitability, with a 77.92% decrease in profit. The company's net worth moved up by a moderate rise of 2.93%.

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
0.06%
Revenue from Operations
1.91%
Total Assets
-17.79%
Profit or Loss
-77.92%
Net Worth
2.93%
EBITDA
-41.92%

What is the Ownership and Shareholding Structure of Swasti Chem?

In 2023, Swasti Chem had a promoter holding of 99.96% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 8.38 Cr
  • State Bank Of India : 0.65 Cr
  • The Karur Vysya Bank Ltd : 0.65 Cr
  • Reliance Capital Ltd : 0.50 Cr
  • Sakthi Finance Ltd : 0.48 Cr
  • Others : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
17 Aug 2020 Others ₹3.42 M Open
12 Jun 2020 Others ₹6.00 M Open
24 Jan 2011 The Karur Vysya Bank Limited ₹1.97 M Open
04 Mar 2009 Reliance Capital Ltd ₹5.00 M Open
08 Nov 2004 Others ₹7.44 Cr Open

How Many Employees Work at Swasti Chem?

Swasti Chem has a workforce of 16 employees as of Apr 06, 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 Swasti Chem, 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 Swasti Chem'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 Swasti Chem

Recent activity within the organization

  • Annual General Meeting

    Swasti Chem Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Swasti Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.34 Cr with Charge ID 100397686 was registered on 17 Aug 2020.

    17 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100361252 was registered on 12 Jun 2020.

    12 Jun 2020

  • Charges

    A charge with Others of Rs. 7.44 Cr registered on 08 Nov 2004 with Charge ID 90007227 was modified on 29 Sep 2018.

    29 Sep 2018

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 0.20 Cr with Charge ID 10275116 was registered on 24 Jan 2011.

    24 Jan 2011

Frequently asked questions

  • Swasti Chem Private Limited was incorporated on 07 Oct 1994.

  • The authorized share capital of Swasti Chem Private Limited is ₹ 1.15 Cr and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Swasti Chem Private Limited.

    • Lingamurthy Nareshchandran
    • Erode Kasiyanna Gounder Lingamurthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Swasti Chem Private Limited is 101Sathy Road Erode India, Tamilnadu, Tamil Nadu, 638003.

  • The corporate identification number (CIN) of Swasti Chem Private Limited is U24222TZ1994PTC005414 and the company number is 005414 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Swasti Chem Private Limited is https://www.swastic.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Swasti Chem Private Limited has risen by 0.06%.

  • As Per 2023 financial reports, 16 employees are currently employed by Swasti Chem Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Swasti Chem Private Limited has experienced an upsurge of 2.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Swasti Chem Private Limited amount to ₹ 11.06 Cr.

  • The most recent Balance Sheet for Swasti Chem Private Limited was filed with the ROC on 31 Mar 2023.

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