Borax Morarji Limited - Company Profile

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 1963.

1963 Mumbai, Maharashtra, India Amalgamated

Last Updated: June 24, 2025

About Borax Morarji Limited

Borax Morarji Limited, a amalgamated public limited company, was established on 27 August 1963 in Mumbai, Maharashtra, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: L24100MH1963PLC012706. Registered under ROC Roc Mumbai. it is listed. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹13.52 Cr.

In 2016, it reported revenue of ₹43.83 Cr and a net worth of ₹4.52 Cr. Employing 8 professional, Its leadership includes Sanjeev Vishwanath Joshi (Director), Mitika Laxmikumar Goculdas (Director), Dilip Trimbak Gokhale (Director). Past directors included Haridas Tricumdas Kapadia, Bimal Lalitsingh Goculdas, Mitika Laxmikumar Goculdas. It holds ₹30.50 Cr open charges and ₹36.44 Cr settled loans. Its latest AGM occurred on 26 September 2016, with the balance sheet filed on 31 March 2016. It is based at Prospect Chambers317-21 Dr D N Road, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
L24100MH1963PLC012706
Registration Number
012706
Incorporation Date
27 August 1963
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹13.52 Cr
ROC Code
Roc Mumbai
Listing Status
Listed
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 24-06-2025
Paid Up Capital ₹ 13.52 Cr as on 24-06-2025
Company Age 62 Year, 6 Months
Last Filing with ROC 31 Mar 2016
Open Charges ₹ 30.50 Cr as on 24-06-2025
Satisfied Charges ₹ 36.44 Cr as on 24-06-2025

Comprehensive Company Insights

Explore comprehensive insights into Borax Morarji Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Borax Morarji Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sanjeev Vishwanath Joshi	Director	31 Mar 2005	Current
Mitika Laxmikumar Goculdas	Director	02 Dec 2009	Current
Dilip Trimbak Gokhale	Director	02 Nov 2013	Current
Bimal Lalitsingh Goculdas	Director	01 Apr 2015	Current
Laxmikumar Narottam Goculdas	Director	19 Feb 1997	Current
Umesh Rajaram Shetkar	Ceo	10 Aug 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Manager	31 Mar 2012	Past
Pramod Abcsdd	Managing Director	-	Past
Pramod Abcsdd	Additional Director	03 Sep 2010	Past
Pramod Abcsdd	Director	09 Nov 2009	Past
Pramod Abcsdd	Director	03 Oct 2013	Past
Pramod Abcsdd	Director	30 Jun 2010	Past

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Financial Performance of Borax Morarji.

Borax Morarji Limited, for the financial year ended 2016, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Borax Morarji?

In 2016, Borax Morarji had a promoter holding of 63.47% and a public holding of 36.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹305,000,000.00

Satisfied Charges

₹364,352,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 30.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
03 Feb 2016	State Bank Of India	₹30.50 Cr	Open
04 Apr 2007	Indian Overseas Bank	₹1.95 Cr	Satisfied
17 Jan 2001	Indian Renewable Energy Development Agency Limited	₹1.04 Cr	Satisfied
07 Oct 1999	Indian Renewable Energy Development Agency Limited	₹1.48 Cr	Satisfied
22 Feb 1999	Indian Renewable Energy Development Agency Limited	₹7.33 M	Satisfied

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How Many Employees Work at Borax Morarji?

Borax Morarji has a workforce of 8 employees as of Apr 05, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Borax Morarji, 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 Borax Morarji's trajectory.

Rating

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Alerts

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.

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Latest Updates, News, and FAQs on Borax Morarji

Recent Activity within the Organization

Annual General Meeting

Borax Morarji Limited last Annual general meeting of members was held on 26 Sep 2016 as per latest MCA records. was recorded as a recent event.
26 Sep 2016
Director Appointment

Umesh Rajaram Shetkar was appointed as a CEO was appointed as a CEO on 10 Aug 2016 & has been associated with this company since 9 years 6 months . was recorded as a recent event.
10 Aug 2016
Director Appointment

Umesh Rajaram Shetkar was appointed as a CEO was appointed as a CEO on 10 Aug 2016 & has been associated with this company since 9 years 6 months . was recorded as a recent event.
10 Aug 2016
Balance Sheet

Progress on Borax Morarji Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai. was documented.
31 Mar 2016
Charges

Progress on A charge with State Bank Of India amounted to Rs. 30.50 Cr with Charge ID 10617464 was registered on 03 Feb 2016. was documented.
03 Feb 2016
Charges

The activity A charge registered on 14 Jan 1994 via Charge ID 80038610 with State Bank Of India was fully satisfied on 14 Dec 2015. was completed.
14 Dec 2015

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