About Chemiesynth (Vapi) Limited
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Chemiesynth (Vapi) Limited is a public limited company based in Valsad, Gujarat, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 24 April 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24110GJ1986PLC008634. Its GSTIN is 24AAACC9688H1ZC (Gujarat). Its shares are listed on BSE: 539230.
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.07 Cr. It was formerly known as Chemiesynth (Vapi) Pvt Limited. It is led by directors including Sandip Satishbhai Zaveri (Managing Director) and Rushabh Suresh Mehta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 27 GIDC Vapi Dist, Valsad, Gujarat, India – 396195.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.9 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹10.61 Lakh (net margin -0.6%) and EBITDA of ₹2.19 Cr (EBITDA margin 11.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
The company is associated with 1 brand: Chemiesynth. As per MCA filings, the company has open charges of ₹15.26 Cr and satisfied charges of ₹13.04 Cr on record. Court records list 20 cases involving the company, including 9 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chemiesynth.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 27 GIDC Vapi Dist, Valsad, Gujarat, India – 396195
- IndustryChemicals and Materials, Organic Chemicals & Compounds
- 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
- One PDF report, delivered after checkout
Business Activity of Chemiesynth (Vapi) Limited
The main business activity of Chemiesynth (Vapi) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Chemiesynth (Vapi) Limited FY 2025 filings available
Chemiesynth (Vapi) Limited reported revenue of ₹18.9 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Chemiesynth (Vapi) Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 15% growth in the latest year. EBITDA rose 42% 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 of Chemiesynth (Vapi) Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.61 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 of Chemiesynth (Vapi) Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.6% | •••• | •••• | •••• | •••• |
| 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 Chemiesynth (Vapi) 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 Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) Limited is compared with the companies closest to it by revenue in the Chemicals industry (Organic Chemicals). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mexmycorp Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Bargarh Bio Fuels Development Foundation | •••• | •••• | •••• | •••• | - | Bargarh, Orissa, India |
| Ocean Aquamin Private Limited | •••• | •••• | •••• | •••• | - | Tarapur, Gujarat, India |
| Aci Industrial Organic Private Limited | •••• | •••• | •••• | •••• | 16 | Mumbai, Maharashtra, India |
| Gayatri Chemsynth Private Limited | •••• | •••• | •••• | •••• | - | Ankleshwar, Gujarat, India |
| Chemiesynth (Vapi) Limited this company | •••• | •••• | •••• | •••• | - | Valsad, Gujarat, India |
| Panchamrut Orgochem Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Bhange Organic Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| S.V.P. Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Belgaum, Karnataka, India |
| Kusumoto Chemicals (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Seya Industries Limited Listed | •••• | •••• | •••• | •••• | 64 | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Chemiesynth (Vapi) by revenue in the Chemicals industry (Organic Chemicals), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) Limited is audited by Manoj Shah & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Manoj Shah & 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 Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rushabh Suresh Mehta | Director | 28 Sep 2018 | 8 Years 0 Months | Current |
| Pramod Gopaldas Gujarathi Also directs: SRF Limited | Director | 30 May 2018 | 8 Years 4 Months | Current |
| Satish Bhogilal Zaveri | Director | 24 Apr 1986 | 40 Years 5 Months | Current |
| Sandip Satishbhai Zaveri Also directs: CS Performance Chemicals Private Limited, CS Specialty Chemicals Private Limited, CS Fine Interchem Private Limited and 2 more | Managing Director | 30 Jun 2001 | 25 Years 3 Months | Current |
| Jigna Anil Prajapati | Director | 01 Feb 2023 | 3 Years 8 Months | Current |
Ownership and Shareholding of Chemiesynth (Vapi) 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 Chemiesynth (Vapi) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2025 | Axis Bank Limited | ₹4.13 Cr | Open |
| 27 Dec 2024 | Axis Bank Limited | ₹4.13 Cr | Open |
| 26 May 2021 | Axis Bank Limited | ₹7 Cr | Open |
| 02 Feb 2005 | Others | ₹3 Cr | Satisfied |
| 17 Dec 2003 | Others | ₹2.5 Cr | Satisfied |
Total charge records: 15 View all charges
Legal Cases of Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) Limited has 20 court cases on record: 9 filed by Chemiesynth (Vapi), 11 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 8 | 0 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Appeal | Filed against the company by Gujarat Gas Company Limited | Disposed |
| High Court of Gujarat | Commercial suit | Filed against the company by Clarisis Organics Limited | Disposed |
| High Court of Gujarat | Commercial suit | Filed by the company against Clarisis Organics Limited | Disposed |
| High Court of Gujarat | Court case (OJA) | Filed by the company against Clarisis Organics Limited | Disposed |
| High Court of Gujarat | Court case (COMP) | Filed against the company by Clarisis Organics Limited | Disposed |
Full case history
All 20 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.
MSME Payment Delays by Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 919 overdue payments to 54 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) operates one associated brand: Chemiesynth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of cosmetics, fluorescent, intermediates hair, and fuel dyes | chemiesynth.com |
Employees and EPFO Compliance at Chemiesynth (Vapi) Limited
Employment history and EPFO contributions of people linked to Chemiesynth (Vapi).
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.
CIN History of Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) has one previous CIN (Corporate Identification Number): U24110GJ1986PLC008634. The current CIN is L24110GJ1986PLC008634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24110GJ1986PLC008634 | Current |
| U24110GJ1986PLC008634 | Previous |
News related to Chemiesynth (Vapi) Limited
Recent Activity on Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) Limited has 17 board changes on record since 1986: 11 appointments and 6 cessations. The latest: Bhanurai Nagindas Mehta ceased to be Director on 20 Sep 2024.
45 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Chemiesynth (Vapi) 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.
Subsidiaries & Group Companies of Chemiesynth (Vapi) 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 Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACC9688H1ZC | Gujarat | Active | 01 Jul 2017 |
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 Chemiesynth (Vapi) 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 Chemiesynth (Vapi) Limited
Chemiesynth (Vapi) is an active public limited company based in Valsad, Gujarat, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 24 April 1986 (40+ years old) and is registered under CIN L24110GJ1986PLC008634. Listed on BSE: 539230.
Chemiesynth (Vapi) reported revenue of ₹18.9 Cr for FY 2025 (up 15% YoY).
Chemiesynth (Vapi) has 5 current directors:
- Sandip Satishbhai Zaveri - Managing Director
- Rushabh Suresh Mehta - Director
- Pramod Gopaldas Gujarathi - Director
- Satish Bhogilal Zaveri - Director
- Jigna Anil Prajapati - Director
Chemiesynth (Vapi) reported a net loss of ₹10.61 Lakh (net margin -0.6%) and EBITDA of ₹2.19 Cr (EBITDA margin 11.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chemiesynth (Vapi) is -14% over three years and 5% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chemiesynth (Vapi) is 24AAACC9688H1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Chemiesynth (Vapi) is L24110GJ1986PLC008634. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Chemiesynth (Vapi) is listed on BSE with code 539230.
Chemiesynth (Vapi) has 20 court cases on record: 9 filed by the company and 11 filed against it. Most are in the high courts.
Chemiesynth (Vapi) was incorporated on 24 April 1986, making it 40+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Chemiesynth (Vapi) by revenue are Mexmycorp Private Limited, Bargarh Bio Fuels Development Foundation, Ocean Aquamin Private Limited, Aci Industrial Organic Private Limited, Gayatri Chemsynth Private Limited and 5 more, all in the Chemicals industry (Organic Chemicals).
Bhanurai Nagindas Mehta ceased to be Director on 20 Sep 2024. Jay Bharatbhai Pansuria ceased to be Company Secretary on 31 May 2024. Jay Bharatbhai Pansuria was appointed as Company Secretary on 14 Aug 2023. Chemiesynth (Vapi) has 17 board changes on record in total.