Vapi Spectrochem Pvt Ltd

Produces dye-intermediates for various industries such as paints, plastics, and construction.

1990 | Valsad, Gujarat (India) | Active
Last Updated: January 03, 2025

Vapi Spectrochem Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.30 M
  • Company Age 35 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.37 Cr
  • Satisfied Charges ₹ 4.04 Cr
  • Revenue Growth 18.37%
  • Profit Growth -16.43%
  • Ebitda -11.34%
  • Net Worth 4.33%
  • Total Assets -21.31%

About Vapi Spectrochem

Vapi Spectrochem Pvt Ltd (VSPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 February 1990 and has a history of 35 years. Its registered office is in Valsad, 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 3.00 M and a paid-up capital of Rs 2.30 M.

The company currently has active open charges totaling ₹10.37 Cr. The company has closed loans amounting to ₹4.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shashank Merchant and Nishith Merchant serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vapispectrochem.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110GJ1990PTC013343

  • Company No.

    013343

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Vapi Spectrochem Pvt Ltd offer?

Vapi Spectrochem Pvt Ltd offers a wide range of products and services, including Industrial Chemicals & Supplies, Chemical Intermediates, Chemical Reagents & Catalysts, Calcium Carbonate Powder.

Who are the key members and board of directors at Vapi Spectrochem?

Board Members (2)

NameDesignationAppointment DateStatus
Nishith Merchant Country flag representing In Director 02-Feb-2001Current
Shashank Merchant Country flag representing In Director 02-Feb-2001Current

Financial Performance of Vapi Spectrochem.

Vapi Spectrochem Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 18.37% increase. The company also saw a substantial fall in profitability, with a 16.43% decrease in profit. The company's net worth moved up by a moderate rise of 4.33%.

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
18.37%
Revenue from Operations
18.61%
Total Assets
-21.31%
Profit or Loss
-16.43%
Net Worth
4.33%
EBITDA
-11.34%

What is the Ownership and Shareholding Structure of Vapi Spectrochem?

In 2022, Vapi Spectrochem had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹103.69 M

Satisfied Charges

₹40.38 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr
  • Gujarat State Financial Corporation : 0.37 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2024Axis Bank Limited₹10.00 CrOpen
27 Mar 1995Gujarat State Financial Corporation₹3.69 MOpen
30 Aug 2014Standard Chartered Bank₹1.10 CrSatisfied
29 Apr 2010Standard Chartered Bank₹2.94 CrSatisfied

How Many Employees Work at Vapi Spectrochem?

Vapi Spectrochem has a workforce of 37 employees as of Mar 31, 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 Vapi Spectrochem, 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 Vapi Spectrochem'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 Vapi Spectrochem

Recent activity within the organization

  • Annual General Meeting

    Vapi Spectrochem Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 100.00 M with Charge ID 100933272 was registered on 17 May 2024.

    17 May 2024

  • Balance Sheet

    Vapi Spectrochem Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 30 Aug 2014 via Charge ID 10518350 with Standard Chartered Bank was fully satisfied on 12 Apr 2021.

    12 Apr 2021

  • Charges

    A charge registered on 29 Apr 2010 via Charge ID 10301943 with Standard Chartered Bank was fully satisfied on 12 Sep 2014.

    12 Sep 2014

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 11.00 M with Charge ID 10518350 was registered on 30 Aug 2014.

    30 Aug 2014

Frequently asked questions

  • Vapi Spectrochem Pvt Ltd was incorporated on 09 Feb 1990.

  • The authorized share capital of Vapi Spectrochem Pvt Ltd is ₹ 3.00 M and paid-up capital is ₹ 2.30 M.

  • Currently 2 directors are associated with Vapi Spectrochem Pvt Ltd.

    • Shashank Anil Merchant
    • Nishith Anil Merchant
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vapi Spectrochem Pvt Ltd is Plot No.3A 3B 1St Phase, G.I.D.C India, Vapi, Gujarat, 396195.

  • The corporate identification number (CIN) of Vapi Spectrochem Pvt Ltd is U24110GJ1990PTC013343 and the company number is 013343 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Vapi Spectrochem Pvt Ltd is https://www.vapispectrochem.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Vapi Spectrochem Pvt Ltd has risen by 18.37%.

  • As Per 2022 financial reports, 37 employees are currently employed by Vapi Spectrochem Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Vapi Spectrochem Pvt Ltd has experienced an upsurge of 4.33%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Vapi Spectrochem Pvt Ltd amount to ₹ 10.37 Cr.

  • The most recent Balance Sheet for Vapi Spectrochem Pvt Ltd was filed with the ROC on 31 Mar 2024.