Vital Chemtech Limited

Chemical manufacturing and distribution company with diverse product portfolio.

2021 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Vital Chemtech Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 23.95 Cr
  • Company Age 3 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 86.47 Cr
  • Revenue Growth 101.98%
  • Profit Growth 1.94%
  • Ebitda 30.14%
  • Net Worth 512.98%
  • Total Assets 60.68%

About Vital Chemtech

Vital Chemtech Limited (VCL) is a Public Limited Indian Non-Government Company incorporated in India on 25 November 2021 (Three years and three months 6 days old ). Its registered office is in Ahmedabad, 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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 23.95 Cr.

The company currently has active open charges totaling ₹86.47 Cr.

The Key Managerial Personnel (KMP) at Vital Chemtech Limited India are Ketki Oza as CFO and Chinmay Chokshi as Company Secretary. Vipul Bhatt, Sangeeta Bhatt, Hetalkumar Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vitalgroup.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24299GJ2021PLC127538

  • Company No.

    127538

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Nov 2021

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

Who are the key members and board of directors at Vital Chemtech?

Executive Team (3)

NameDesignationAppointment DateStatus
Vipul Bhatt Country flag representing In Managing Director25-Nov-2021Current
Ketki Oza CFO03-Jun-2022Current
Chinmay Chokshi Company Secretary24-May-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Jay Bhatt Country flag representing In Whole-Time Director 25-Nov-2021Current
Hetalkumar Shah Country flag representing In Director 03-Jun-2022Current
Sangeeta Bhatt Country flag representing In Whole-Time Director 25-Nov-2021Current
Deepakkumar Chaubisa Country flag representing In Director 03-Jun-2022Current

Financial Performance of Vital Chemtech.

Vital Chemtech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 101.98% increase. The company also saw a slight improvement in profitability, with a 1.94% increase in profit. The company's net worth Soared by an impressive increase of 512.98%.

Vital Chemtech revenue growth over time
Vital Chemtech 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
101.98%
Revenue from Operations
102.63%
Total Assets
60.68%
Profit or Loss
1.94%
Net Worth
512.98%
EBITDA
30.14%

What is the Ownership and Shareholding Structure of Vital Chemtech?

In 2023, Vital Chemtech had a promoter holding of 73.43% and a public holding of 26.57%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹86.47 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 42.32 Cr
  • Axis Bank Limited : 40.00 Cr
  • Small Industries Development Bank Of India : 4.15 Cr

Latest Charge Details

DateLenderAmountStatus
06 Dec 2022Hdfc Bank Limited₹3.21 MOpen
06 Jun 2022Hdfc Bank Limited₹42.00 CrOpen
14 Sep 2021Small Industries Development Bank Of India₹4.15 CrOpen
07 Mar 2019Axis Bank Limited₹40.00 CrOpen

How Many Employees Work at Vital Chemtech?

Vital Chemtech has a workforce of 44 employees as of Mar 30, 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 Vital Chemtech Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Vital Chemtech, 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 Vital Chemtech'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 Vital Chemtech

Recent activity within the organization

  • Director Appointment

    Chinmay Tikendrakumar Chokshi was appointed as a Company Secretary was appointed as a Company Secretary on 24 May 2024 & has been associated with this company since 9 months 8 days .

  • Annual General Meeting

    Vital Chemtech Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Vital Chemtech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100654790 was registered on 06 Dec 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 42.00 Cr registered on 06 Jun 2022 with Charge ID 100585037 was modified on 29 Jun 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 42.00 Cr with Charge ID 100585037 was registered on 06 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Vital Chemtech Limited?

    Vital Chemtech Limited was incorporated on 25 Nov 2021.

  • What is authorized share capital and paid-up capital of Vital Chemtech Limited?

    The authorized share capital of Vital Chemtech Limited is ₹ 25.00 Cr and paid-up capital is ₹ 23.95 Cr.

  • Who are the current board members & directors of Vital Chemtech Limited?

    Currently 7 directors are associated with Vital Chemtech Limited.

    • Vipul Bhatt
    • Sangeeta Vipul Bhatt
    • Hetalkumar Jayantilal Shah
    • Jay Bhatt
    • Deepakkumar Kushalchandra Chaubisa
    • Ketki Ajay Oza
    • Chinmay Tikendrakumar Chokshi

  • What is the registered address of Vital Chemtech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Vital Chemtech Limited is B-406 Mondeal Heights Opp. Karnavati Club S. G. Highway, India, Ahmedabad, Gujarat, 380015.

  • What is the corporate identification number (CIN) and company number of Vital Chemtech Limited?

    The corporate identification number (CIN) of Vital Chemtech Limited is U24299GJ2021PLC127538 and the company number is 127538 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Vital Chemtech Limited?

    The Official website of Vital Chemtech Limited is https://www.vitalgroup.co.in

  • What has been the recent revenue trend for Vital Chemtech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Vital Chemtech Limited has risen by 101.98%.

  • How many employees does Vital Chemtech Limited currently have?

    As Per 2023 financial reports, 44 employees are currently employed by Vital Chemtech Limited.

  • What change has been observed in the net worth of Vital Chemtech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Vital Chemtech Limited has experienced an upsurge of 512.98%.

  • What are the total open charges for Vital Chemtech Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Vital Chemtech Limited amount to ₹ 86.47 Cr.

  • When was the last Balance Sheet of Vital Chemtech Limited filed with the ROC?

    The most recent Balance Sheet for Vital Chemtech Limited was filed with the ROC on 31 Mar 2023.

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