About Cromakem Limited
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Cromakem Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24119GJ1990PLC014114. It is recorded as listed by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.45 Cr. It is led by directors including Vimala Sanjay Patel and Sanjay Ambalal Patel.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹69.43 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹6,401 (net margin -0.1%) and EBITDA of ₹1,120 (EBITDA margin 0%).
Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website cromakemltd.com.
Company details
Contact details
Cromakem Limited's registered office is in Ahmedabad, Gujarat. Its website is cromakemltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA/6 Nasib Apartment Ambawadi (Elisbridge) B/H. Apollo Hospital Near Parimal Under, Bridge, Ahmedabad, Gujarat, India – 380007
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Cromakem Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Cromakem Limited
FY 2018 filings availableCromakem Limited reported revenue of ₹69.43 Lakh (down 16% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year. EBITDA fell 80% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹69.43 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1,120 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6,401 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0% | ||
| Net Profit Margin | -0.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Cromakem Limited, buy the company report.
Board of directors of Cromakem Limited
Cromakem has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimala Sanjay Patel | Additional Director | 07 Apr 2017 | 9 Years 7 Months | Current |
| Sanjay Ambalal Patel | Additional Director | 07 Apr 2017 | 9 Years 7 Months | Current |
| Dhaval Ranjitbhai Jadhav Also directs: Alpha Graphic India Ltd, Kelvin Fincap Limited, Sunbright Stock Broking Limited and 2 more | Additional Director | 07 Aug 2017 | 9 Years 3 Months | Current |
Auditor
Cromakem Limited is audited by MODI MEHTA & ASSOCIATES LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MODI MEHTA & ASSOCIATES LLP | FY 2017 | 120894W |
Shareholding
The shareholding of Cromakem Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cromakem Limited, buy the company report.
Legal cases
Cromakem Limited has 8 court cases on record: 2 filed by Cromakem, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 5 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by The Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Disposed |
| District court, Vadodara, Gujarat | Court case (SPCS) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Ms. Ottamchand Punamchand and Sons | Disposed |
To see the full case history of Cromakem Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cromakem Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Cromakem Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Cromakem Limited has 31 board changes on record since 2007: 16 appointments and 15 cessations. The latest: Dhaval Ranjitbhai Jadhav ceased to be Additional Director on 11 Apr 2019.
22 earlier events are in the company report.
Frequently asked questions
Cromakem is an active public limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 01 August 1990 (36+ years old) and is registered under CIN L24119GJ1990PLC014114.
Cromakem has 3 current directors:
- Vimala Sanjay Patel - Additional Director
- Sanjay Ambalal Patel - Additional Director
- Dhaval Ranjitbhai Jadhav - Additional Director
The latest financial statements of Cromakem on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Cromakem is L24119GJ1990PLC014114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cromakem is recorded as a listed company by MCA, but its shares were delisted from BSE on 13 Jul 2022 · compulsory delisting, and no longer trade on a stock exchange.
Cromakem has 8 court cases on record: 2 filed by the company and 6 filed against it. Most are in the district courts.
Cromakem was incorporated on 01 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhaval Ranjitbhai Jadhav ceased to be Additional Director on 11 Apr 2019. Sanjay Ambalal Patel ceased to be Additional Director on 11 Apr 2019. Dhaval Ranjitbhai Jadhav was appointed as Additional Director on 07 Aug 2017. Cromakem has 31 board changes on record in total.
Cromakem can be reached through the website cromakemltd.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Cromakem is at A6 Nasib Apartment Ambawadi Elisbridge BH. Apollo Hospital Near Parimal Under, Bridge, Ahmedabad, Gujarat, India – 380007.
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