Whitefield Chemtech Private Limited
About Whitefield Chemtech Private Limited
Data last updated:
Whitefield Chemtech Private Limited was a private limited company based in Vadodara, Gujarat, India, operated as a subsidiary of Nirayu Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 November 1985.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ1985PTC098563.
The company had an authorised share capital of ₹14.05 Cr and a paid-up capital of ₹1.27 Cr. It was led by directors Mitanshu Satishbhai Shah and Rasesh Jayant Shah.
Its last annual general meeting (AGM) was held on 09 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Ff – 53 Avishkar Complex Old Padra Road, Vadodara, Gujarat, India – 390015.
As per the financials filed for FY 2017, the company reported a revenue of ₹14.79 Cr, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹9.3 Cr (net margin 62.9%) and EBITDA of ₹11.66 Cr (EBITDA margin 78.9%).
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
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- Registered AddressFf – 53 Avishkar Complex Old Padra Road, Vadodara, Gujarat, India – 390015
- IndustryPharma, Drug Formulation & Development
- 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
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Financials of Whitefield Chemtech Private Limited FY 2016 filings available
Whitefield Chemtech Private Limited reported revenue of ₹14.79 Cr (up 108% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Whitefield Chemtech Private Limited
Revenue rose 108% in the latest year. EBITDA rose 81% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Whitefield Chemtech Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹11.66 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.3 Cr | •••• | •••• |
| 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 of Whitefield Chemtech Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 78.9% | •••• | •••• |
| Net Profit Margin | 62.9% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Whitefield Chemtech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Whitefield Chemtech Private Limited
Whitefield Chemtech Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| B D Pharmaceutical Works Private Limited | ₹14.82 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Rakesh Healthcare (India) Limited | ₹14.82 Cr (FY 2024) | •••• | •••• | 320.0% | •••• | Kalol, Gujarat, India |
| Vav Lipids Private Limited | ₹14.81 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| BKRS Pharma Private Limited | ₹14.8 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Gurgaon, Haryana, India |
| Sridhara Laboratories Private Limited | ₹14.8 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Hyderabad, Telangana, India |
| Whitefield Chemtech Private Limited this company | ₹14.79 Cr (FY 2017) | •••• | •••• | 108.0% | •••• | Vadodara, Gujarat, India |
| Adonis Phytoceuticals Private Limited | ₹14.78 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Resonant Pharmaceuticals Private Limited | ₹14.67 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Navagam, Gujarat, India |
| Crescent R&D Private Limited | ₹14.67 Cr (FY 2024) | •••• | •••• | -57.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Decro Pharma Private Limited | ₹14.66 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Indrad, Gujarat, India |
| Auftritt Healthcare Private Limited | ₹14.66 Cr (FY 2023) | •••• | •••• | 37.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Whitefield Chemtech by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Whitefield Chemtech Private Limited
Whitefield Chemtech Private Limited is audited by V H GANDHI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V H GANDHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Whitefield Chemtech Private Limited
Whitefield Chemtech has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitanshu Satishbhai Shah Also directs: Arvind Township LLP | Director | 22 Dec 2008 | 17 Years 9 Months | As last reported |
| Rasesh Jayant Shah | Director | 06 Mar 2017 | 9 Years 7 Months | As last reported |
Ownership and Shareholding of Whitefield Chemtech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Whitefield Chemtech Private Limited
Whitefield Chemtech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Whitefield Chemtech Private Limited
Whitefield Chemtech Private Limited has 4 court cases on record: 3 filed by Whitefield Chemtech, 1 filed against it. 1 case is pending and 3 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Civil suit | Filed against the company by an individual | Pending |
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Whitefield Chemtech Private Limited
Employment history and EPFO contributions of people linked to Whitefield Chemtech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Whitefield Chemtech Private Limited
Whitefield Chemtech has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
CIN History of Whitefield Chemtech Private Limited
Whitefield Chemtech has one previous CIN (Corporate Identification Number): U24230KA1985PTC007292. The current CIN is U24230GJ1985PTC098563, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230GJ1985PTC098563 | Current |
| U24230KA1985PTC007292 | Previous |
Recent Activity on Whitefield Chemtech Private Limited
Whitefield Chemtech Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Rasesh Jayant Shah ceased to be Additional Director on 30 Oct 2017.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Whitefield Chemtech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Whitefield Chemtech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Whitefield Chemtech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Whitefield Chemtech Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Whitefield Chemtech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Whitefield Chemtech Private Limited
Whitefield Chemtech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Whitefield Chemtech was a private limited company based in Vadodara, Gujarat, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 19 November 1985 and is registered under CIN U24230GJ1985PTC098563. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Whitefield Chemtech was incorporated on 19 November 1985. It is registered with the Registrar of Companies, Ahmedabad.
Whitefield Chemtech had 2 directors:
- Mitanshu Satishbhai Shah - Director
- Rasesh Jayant Shah - Director
The CIN (Corporate Identification Number) of Whitefield Chemtech is U24230GJ1985PTC098563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Whitefield Chemtech is at Ff – 53 Avishkar Complex Old Padra Road, Vadodara, Gujarat, India – 390015.
Whitefield Chemtech reported revenue of ₹14.79 Cr for FY 2017 (up 108% YoY).
Whitefield Chemtech has an authorised share capital of ₹14.05 Cr and a paid-up capital of ₹1.27 Cr.
Whitefield Chemtech reported a net profit of ₹9.3 Cr (net margin 62.9%) and EBITDA of ₹11.66 Cr (EBITDA margin 78.9%) for FY 2017, as per its filed financial statements.
Whitefield Chemtech operated in the pharma industry, in the drug formulation and development segment.
No. Whitefield Chemtech is not listed on any stock exchange. It is an unlisted company.