About Addpol Chemspecialities Private Limited
Data last updated:
Addpol Chemspecialities Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Imcd India 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 chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 29 April 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24119MH2008PTC351463. Its GSTIN is 24AAGCA9859E1ZH (Gujarat).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Ramanuj Chandrashekhar Kankani and Amit Lalit Hirani.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at One BKC Unit No – 1102 Plot No. C – 66 G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.42 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹54.91 Lakh (net margin 6.5%) and EBITDA of ₹77.39 Lakh (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 14% over five years.
The company was associated with 2 brands: Monachem Group and Addpol Chemspecialities. As per MCA filings, the company had satisfied charges of ₹1.3 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company. The company has 2 deals on record (2 acquisitions); the latest was in September 2019.
The last known website on record is addpol.com.
Company details
CIN history
Addpol Chemspecialities has one previous CIN (Corporate Identification Number): U24119GJ2008PTC053734. The current CIN is U24119MH2008PTC351463, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24119MH2008PTC351463 | Current |
| U24119GJ2008PTC053734 | Previous |
Contact details
Addpol Chemspecialities Private Limited's registered office is in Mumbai, Maharashtra. Its website is addpol.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOne BKC Unit No – 1102 Plot No. C – 66 G Block Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Addpol Chemspecialities Private 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
Brands
Addpol Chemspecialities operates two associated brands: Monachem Group and Addpol Chemspecialities. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Speciality chemicals and branded ingredients are manufactured by Monachem Group. | monachem.com | |
| Chemicals and allied products are distributed by the company. | addpol.com |
Business activity
The main business activity of Addpol Chemspecialities is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Addpol Chemspecialities Private Limited, buy the company report.
Financials of Addpol Chemspecialities Private Limited
FY 2020 filings availableAddpol Chemspecialities Private Limited reported revenue of ₹8.42 Cr (down 33% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 32% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.42 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹77.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹54.91 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 Addpol Chemspecialities Private Limited, buy the company report.
Board of directors of Addpol Chemspecialities Private Limited
Addpol Chemspecialities has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanuj Chandrashekhar Kankani Also directs: Trichem Lifesciences Limited, Trichem Healthcare Private Limited, Imcd India Private Limited and 2 more | Director | 18 Sep 2019 | 7 Years 1 Months | As last reported |
| Amit Lalit Hirani | Director | 18 Sep 2019 | 7 Years 1 Months | As last reported |
Auditor
Addpol Chemspecialities Private Limited is audited by LALPURIA SHAH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LALPURIA SHAH & ASSOCIATES | FY 2020 | 136086W |
Shareholding
The shareholding of Addpol Chemspecialities Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Addpol Chemspecialities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2015 | 10563669 | Axis Bank Limited | ₹1 Cr | Satisfied | |
| 10 Apr 2014 | 10488899 | Bank of Baroda | ₹30 Lakh | Satisfied |
To see the full charge records of Addpol Chemspecialities Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Addpol Chemspecialities Private Limited has 2 deals on record (2 acquisitions); the latest was in September 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Acquisition | ₹12.18 Cr | Buyer: Imcd India Private Limited Seller: 2 individuals |
| Nov 2014 | Acquisition | ₹9 Lakh | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Addpol Chemspecialities Private Limited has 6 court cases on record: 6 filed by Addpol Chemspecialities. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Arora Fibres Ltd | Disposed |
| NCLT, Mumbai | Court case (COMP.APPL) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Vadodara, Gujarat | Court case (SMST R) | Filed by the company against Nexen Fibers Private Ltd | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Addpol Chemspecialities Private 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 Addpol Chemspecialities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Addpol Chemspecialities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCA9859E1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Addpol Chemspecialities Private Limited, buy the company report.
Recent activity
Addpol Chemspecialities Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Amit Lalit Hirani was appointed as Director on 18 Sep 2019.
Frequently asked questions
Addpol Chemspecialities 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.
Addpol Chemspecialities was a private limited company based in Mumbai, Maharashtra, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 29 April 2008 and is registered under CIN U24119MH2008PTC351463. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Addpol Chemspecialities was incorporated on 29 April 2008. It is registered with the Registrar of Companies, Mumbai.
Addpol Chemspecialities had 2 directors:
- Ramanuj Chandrashekhar Kankani - Director
- Amit Lalit Hirani - Director
The CIN (Corporate Identification Number) of Addpol Chemspecialities is U24119MH2008PTC351463. 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 Addpol Chemspecialities is at One BKC Unit No – 1102 Plot No. C – 66 G Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
Addpol Chemspecialities can be reached through the website addpol.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Addpol Chemspecialities on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 September 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Addpol Chemspecialities is 24AAGCA9859E1ZH, registered in Gujarat.
Addpol Chemspecialities operated in the chemicals and materials industry, in the chemical distribution and retail segment.
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