About Monachem Group
Monachem Group is a Chemicals & Materials company based in Vadodara (India) founded in 1974, and was acquired by IMCD in September 2019. Speciality chemicals and branded ingredients are manufactured by Monachem Group. The company has 11 employees. Its Indian entity Monachem Specialities Llp reported revenue of ₹25.44 Cr. Monachem Group offers products and services including Aroma Ingredients, Pharma Intermediates, Personal Care Ingredients, and Herbal Extracts. Its focus areas include Chemicals and Materials, Diversified Chemicals and Speciality Chemicals.
Company details
Monachem Group was established in 1974 in Vadodara, India. Operations are centered on the production of speciality chemicals and branded ingredients within the chemical manufacturing sector. Focus is placed on developing and supplying these materials to industrial clients. The companys activities are based in India, with distribution handled through established networks. Core services include formulation and quality control for various applications.
- Headquarters Vadodara, India
- Employees 11
- Stage Acquired
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website monachem.com
- Social LinkedIn
- Acquired by IMCD (Sep 2019)
- Legal Name Monachem Specialities Llp
- Date of Incorporation 30 Aug, 2018
- Jurisdiction Vadodara, Gujarat, India
Associated legal entities of Monachem Group
Monachem Group is associated with 2 registered companies on The Company Check; the primary company is Monachem Specialities Llp. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Monachem Specialities Llp CIN AAN-2167 | Active | 30 Aug 2018 | Vadodara, Gujarat | ₹25.4 Cr | 11 | 2 | View details |
| Addpol Chemspecialities Private Limited CIN U24119MH2008PTC351463 | Amalgamated | 29 Apr 2008 | Mumbai, Maharashtra | ₹8.4 Cr | 11 | 2 | View details |
Products & Services of Monachem Group
Monachem Group offers a comprehensive portfolio of products and services, including Aroma Ingredients, Pharma Intermediates, Personal Care Ingredients, and Herbal Extracts.
Ingredients for aromas and fragrances used in various applications
Intermediates for pharmaceutical manufacturing processes
Ingredients for personal care items like antiseptics and preservatives
Extracts from herbs for health and wellness applications
Investors in Monachem Group
Monachem Group has secured backing from 1 investor. Prominent investors backing the company include IMCD.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Speciality chemicals and food ingredients are distributed by IMCD. | 1995 | imcdgroup.com | Rotterdam, Netherlands |
Investor details for Monachem Group
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Board of directors of Monachem Specialities Llp (Monachem Group)
Monachem Specialities Llp is the primary company behind Monachem Group. The boards of the 2 registered companies of Monachem Group currently have 4 directors; the longest-serving is Dilip Govindlal Shah, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dilip Govindlal Shah DIN 01843830 | Designated Partner | 30 Aug 2018 | 8 yrs 2 mo | Monachem Specialities Llp |
| Shamik Dilip Shah DIN 01843803 | Designated Partner | 30 Aug 2018 | 8 yrs 2 mo | Monachem Specialities Llp |
| Ramanuj Chandrashekhar Kankani DIN 08274950 | Director | 18 Sep 2019 | 7 yrs 1 mo | Addpol Chemspecialities Private Limited |
| Amit Lalit Hirani DIN 07464255 | Director | 18 Sep 2019 | 7 yrs 1 mo | Addpol Chemspecialities Private Limited |
Financials of Monachem Group
Figures of Monachem Specialities Llp, the primary company behind Monachem Group, for FY 2022. Revenue was ₹25.44 Cr (-20% year on year). Net loss was -₹14.1 Lakh (-1% margin). EBITDA was -₹30.1 Lakh (-1% margin). Revenue has grown at a compounded annual rate of +40% over three years.
- ₹25.44 CrRevenue · FY 2022 · -20% YoY
- -₹14.1 LakhNet loss · -1% margin
- -₹30.1 LakhEBITDA · -1% margin
- 11Employees (provident fund records)
- +40%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Monachem Specialities Llp are on its company page.
Detailed financial statements for Monachem Group
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Timeline of Monachem Group
2 dated milestones of Monachem Group across 45 years, from founding to its latest funding, stage changes and deals.
- Founded Monachem Group is founded.
- Exit Acquired by IMCD.
Top companies in Core & Diversified Chemicals
3 companies that operate in the same segment as Monachem Group (Core & Diversified Chemicals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | USD 1.21 B | 1,020 | ||
Specialty chemicals are manufactured through integrated R&D and production processes. | 2023 | Bengaluru, Karnataka, India | USD 72.97 M | USD 23.86 M | ||
Manufactures coal tar and basic industrial chemicals. | 1987 | Kolkata, West Bengal, India | USD 24 M | USD 515.01 M | 1,161 |
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Frequently Asked Questions about Monachem Group
Monachem Group was founded in 1974.
Monachem Group is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Monachem Group has 11 employees.
The primary company behind Monachem Group, Monachem Specialities Llp, reported revenue of ₹25.44 Cr for FY 2022, down 20% year on year.
Monachem Group was established in 1974 in Vadodara, India. Operations are centered on the production of speciality chemicals and branded ingredients within the chemical manufacturing sector. Focus is placed on developing and supplying these materials to industrial clients. The companys activities are based in India, with distribution handled through established networks. Core services include formulation and quality control for various applications.
Monachem Group offers Aroma Ingredients, Pharma Intermediates, Personal Care Ingredients, and Herbal Extracts.
Monachem Group has 1 investor. Key investors include IMCD.
Monachem Group is associated with 2 legal entities: Monachem Specialities Llp, Addpol Chemspecialities Private Limited.
Yes. Monachem Group was acquired by IMCD in September 2019.
The legal entities of Monachem Group currently have 4 directors, including Dilip Govindlal Shah, Shamik Dilip Shah, Ramanuj Chandrashekhar Kankani and others.