Universal Starch Chem Allied Limited

Manufacturer of maize starch and related products since 1973, based in Mumbai.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Universal Starch Chem Allied Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.20 Cr
  • Company Age 52 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 245.28 Cr
  • Satisfied Charges ₹ 51.04 Cr
  • Revenue Growth 13.14%
  • Profit Growth -48.40%
  • Ebitda -32.18%
  • Net Worth 11.40%
  • Total Assets 9.25%

About Universal Starch Chem Allied

Universal Starch Chem Allied Limited (USCAL) was founded in India on 17 January 1973 and has a glorious history of 52 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524408.

The Corporate was formerly known as Universal Starch Chem Allied Private Limited. The Company is engaged in the Food And Beverages 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 6.00 Cr and a paid-up capital of Rs 4.20 Cr.

The company currently has active open charges totaling ₹245.28 Cr. The company has closed loans amounting to ₹51.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Universal Starch Chem Allied Limited India are Nikhil Borana as COMPANY SECRETARY and Arun Gupta as Cfo. Jaykumar Rawal, Hansarani Vaghela, Ashok Kothary, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    universalstarch.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L24110MH1973PLC016247

  • Company No.

    016247

  • Stock Symbol

    BSE : 524408

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

What products or services does Universal Starch Chem Allied Limited offer?

Universal Starch Chem Allied Limited offers a wide range of products and services, including Snacks and Namkeen, Fryums, Flavours & Aromatics, Starch Powder, Food Stabilizer, Ready to Eat & Instant Food Mixes, Instant Mixes, Bird Food, Poultry & Animal Food, Animal Feed, Maize Starch.

Who are the key members and board of directors at Universal Starch Chem Allied?

Executive Team (4)

NameDesignationAppointment DateStatus
Jaykumar Rawal Country flag representing In Managing Director01-Apr-2021Current
Rawal Jaysinh Country flag representing In Managing Director30-Sep-1999Current
Nikhil Borana Company Secretary13-Feb-2023Current
Arun Gupta CFO27-May-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Vishal Thakkar Country flag representing In Director 11-Feb-2021Current
Hansarani Vaghela Country flag representing In Whole-Time Director 13-Aug-2016Current
Ashok Kothary Country flag representing In Director 28-Oct-1999Current
Ashok Shah Country flag representing In Director 09-Aug-2014Current
Subhash Rajput Country flag representing In Whole-Time Director 12-Nov-2019Current
Nayankuwar Rawal Country flag representing In Whole-Time Director 20-Nov-2017Current

Financial Performance of Universal Starch Chem Allied.

Universal Starch Chem Allied Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.14% increase. The company also saw a substantial fall in profitability, with a 48.4% decrease in profit. The company's net worth Soared by an impressive increase of 11.4%.

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
13.14%
Revenue from Operations
13.07%
Total Assets
9.25%
Profit or Loss
-48.40%
Net Worth
11.40%
EBITDA
-32.18%

What is the Ownership and Shareholding Structure of Universal Starch Chem Allied?

In 2023, Universal Starch Chem Allied had a promoter holding of 53.91% and a public holding of 46.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹245.28 Cr

Satisfied Charges

₹51.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 226.28 Cr
  • Canara Bank : 15.00 Cr
  • The Shamrao Vithal Co-Operative Bank Limited : 4.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2023Others₹2.86 MOpen
08 Dec 2022Others₹2.78 MOpen
29 Jun 2022Canara Bank₹15.00 CrOpen
14 Jan 2022Others₹1.80 MOpen
09 Jul 2021Others₹3.90 MOpen

How Many Employees Work at Universal Starch Chem Allied?

Universal Starch Chem Allied has a workforce of 309 employees as of Mar 28, 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 Universal Starch Chem Allied, 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 Universal Starch Chem Allied'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 Universal Starch Chem Allied

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 99.77 Cr registered on 31 Jul 2003 with Charge ID 80022006 was modified on 18 Dec 2023.

    18 Dec 2023

  • Charges

    A charge with Others of Rs. 79.77 Cr registered on 17 Jan 2002 with Charge ID 80004971 was modified on 18 Dec 2023.

    18 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.29 Cr with Charge ID 100711933 was registered on 26 Apr 2023.

    26 Apr 2023

  • Balance Sheet

    Universal Starch Chem Allied Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100650771 was registered on 08 Dec 2022.

    08 Dec 2022

Frequently asked questions

  • Universal Starch Chem Allied Limited was incorporated on 17 Jan 1973.

  • The authorized share capital of Universal Starch Chem Allied Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.20 Cr.

  • Currently 12 directors are associated with Universal Starch Chem Allied Limited.

    • Jaykumar Jitendrasing Rawal
    • Hansarani Ripudaman Singh Vaghela
    • Ashok Natwarlal Kothary
    • Ashok Champaklal Shah
    • Rawal Jitendrasinh Jaysinh
    • Nikhil Kewalchand Borana
    • Arun Kumar Gupta
    • Subhash Haraksing Rajput
    • Vishal Laxmikant Thakkar
    • Nayankuwar Jitendrasing Rawal
    • Bindumadhavan Ranga Venkatesh
    • Sudha Ramesh Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Universal Starch Chem Allied Limited is Mhatre Pen Bldgs S Marg 2Nd Floor Dadar (West), Mumbai, Maharashtra, India, 400028.

  • The corporate identification number (CIN) of Universal Starch Chem Allied Limited is L24110MH1973PLC016247 and the company number is 016247 as per Ministry of Corporate Affairs (MCA).

  • Yes, Universal Starch Chem Allied Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Universal Starch Chem Allied Limited is https://www.universalstarch.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Universal Starch Chem Allied Limited has risen by 13.14%.

  • As Per 2023 financial reports, 309 employees are currently employed by Universal Starch Chem Allied Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Universal Starch Chem Allied Limited has experienced an upsurge of 11.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Universal Starch Chem Allied Limited amount to ₹ 245.28 Cr.

  • The most recent Balance Sheet for Universal Starch Chem Allied Limited was filed with the ROC on 31 Mar 2023.

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