Ultramarine Specialty Chemicals Limited

Manufactures inorganic pigments at a unit in Andhra Pradesh.

2019 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Ultramarine Specialty Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 88.30 Cr
  • Paid Up Capital ₹ 83.38 Cr
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 87.75 Cr
  • Revenue Growth %
  • Profit Growth 13476.44%
  • Ebitda 43801.51%
  • Net Worth 68.22%
  • Total Assets 49.98%

About Ultramarine Specialty Chemicals

Ultramarine Specialty Chemicals Limited (USCL) is a Public Limited Indian Non-Government Company incorporated in India on 09 December 2019 (Five years and three months 21 days old ). Its registered office is in Tiruvallur, 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 2024. It's a company limited by shares with an authorized capital of Rs 88.30 Cr and a paid-up capital of Rs 83.38 Cr.

The company currently has active open charges totaling ₹87.75 Cr.

The Key Managerial Personnel (KMP) at Ultramarine Specialty Chemicals Limited India are Arumugam Palanisamy as CFO and Ramanan Swaminathan as Company Secretary. Rangaswamy Sampath, Navin Ram, Tara Parthasarathy, and Two other members serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24300TN2019PLC133064

  • Company No.

    133064

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2019

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

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

Executive Team (2)

NameDesignationAppointment DateStatus
Arumugam Palanisamy CFO06-Jun-2024Current
Ramanan Swaminathan Country flag representing In Company Secretary24-Aug-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Rangaswamy Sampath Country flag representing In Director 09-Dec-2019Current
Navin Ram Country flag representing Io Director 01-Mar-2023Current
Tara Parthasarathy Country flag representing In Director 09-Dec-2019Current
Sundaresan Srinivasan Country flag representing In Director 11-Jun-2024Current
Bharathram Vijayaraghavan Country flag representing In Director 09-Dec-2019Current

Financial Performance of Ultramarine Specialty Chemicals.

Ultramarine Specialty Chemicals Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 13476.44% increase in profit. The company's net worth Soared by an impressive increase of 68.22%.

Ultramarine Specialty Chemicals revenue growth over time
Ultramarine Specialty Chemicals 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
Revenue from Operations
Total Assets
49.98%
Profit or Loss
13476.44%
Net Worth
68.22%
EBITDA
43801.51%

What is the Ownership and Shareholding Structure of Ultramarine Specialty Chemicals?

In 2023, Ultramarine Specialty 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

₹87.75 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 60.25 Cr
  • Axis Bank Limited : 27.50 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2022The Hongkong And Shanghai Banking Corporation Limited₹55.25 CrOpen
16 Jul 2022The Hongkong And Shanghai Banking Corporation Limited₹5.00 CrOpen
26 Aug 2021Axis Bank Limited₹22.50 CrOpen
26 Aug 2021Axis Bank Limited₹5.00 CrOpen

How Many Employees Work at Ultramarine Specialty Chemicals?

Ultramarine Specialty Chemicals has a workforce of 68 employees as of Apr 05, 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 Ultramarine Specialty Chemicals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ultramarine Specialty 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 Ultramarine Specialty 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 Ultramarine Specialty Chemicals

Recent activity within the organization

  • Annual General Meeting

    Ultramarine Specialty Chemicals Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

  • Director Appointment

    Sundaresan Srinivasan was appointed as a Director was appointed as a Director on 11 Jun 2024 & has been associated with this company since 9 months 18 days .

  • Director Appointment

    Arumugam Palanisamy was appointed as a Cfo was appointed as a Cfo on 06 Jun 2024 & has been associated with this company since 9 months 23 days .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 55.25 Cr registered on 16 Jul 2022 with Charge ID 100601403 was modified on 30 May 2024.

  • Balance Sheet

    Ultramarine Specialty Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 5.00 Cr with Charge ID 100601407 was registered on 16 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Ultramarine Specialty Chemicals Limited?

    Ultramarine Specialty Chemicals Limited was incorporated on 09 Dec 2019.

  • What is authorized share capital and paid-up capital of Ultramarine Specialty Chemicals Limited?

    The authorized share capital of Ultramarine Specialty Chemicals Limited is ₹ 88.30 Cr and paid-up capital is ₹ 83.38 Cr.

  • Who are the current board members & directors of Ultramarine Specialty Chemicals Limited?

    Currently 7 directors are associated with Ultramarine Specialty Chemicals Limited.

    • Rangaswamy Sampath
    • Navin Muthu Ram
    • Tara Parthasarathy
    • Arumugam Palanisamy
    • Ramanan Swaminathan
    • Sundaresan Srinivasan
    • Bharathram Vijayaraghavan

  • What is the registered address of Ultramarine Specialty Chemicals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ultramarine Specialty Chemicals Limited is No. 556 Vanagaram Road, Ambattur India, Chennai, Tamil Nadu, 600053.

  • What is the corporate identification number (CIN) and company number of Ultramarine Specialty Chemicals Limited?

    The corporate identification number (CIN) of Ultramarine Specialty Chemicals Limited is U24300TN2019PLC133064 and the company number is 133064 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ultramarine Specialty Chemicals Limited?

    The Official website of Ultramarine Specialty Chemicals Limited is https://www.ultramarinepigments.net

  • How many employees does Ultramarine Specialty Chemicals Limited currently have?

    As Per 2023 financial reports, 68 employees are currently employed by Ultramarine Specialty Chemicals Limited.

  • What change has been observed in the net worth of Ultramarine Specialty Chemicals Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ultramarine Specialty Chemicals Limited has experienced an upsurge of 68.22%.

  • What are the total open charges for Ultramarine Specialty Chemicals Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ultramarine Specialty Chemicals Limited amount to ₹ 87.75 Cr.

  • When was the last Balance Sheet of Ultramarine Specialty Chemicals Limited filed with the ROC?

    The most recent Balance Sheet for Ultramarine Specialty Chemicals Limited was filed with the ROC on 31 Mar 2024.