Chetan Abrasives Private Limited - Company Profile

It is a machinery and equipment private limited company based in Vadodara, Gujarat, India, established in 1984.
1984 Vadodara, Gujarat, India Active
Last Updated:
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About Chetan Abrasives Private Limited

Chetan Abrasives Private Limited, a active private limited company, was established on 29 June 1984 in Vadodara, Gujarat, India. Engaging in industrial products retail & distribution within the trade sector, it holds CIN: U29199GJ1984PTC007050. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a compliant status. Its leadership includes Karan Gandhi Rakesh (Director), Sonal Gandhi Rakesh (Director), Rakesh Gandhi Surendrakumar (Director). Past directors included Shivani Gandhi. It holds ₹1.50 Cr open charges and ₹1.32 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Lehripura Road New Road, Vadodara, Gujarat, 390001.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U29199GJ1984PTC007050

  • Registration Number

    007050

  • Incorporation Date

    29 June 1984

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹1.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 41 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.50 Cr
  • Satisfied Charges ₹ 1.32 Cr
  • Revenue Growth **** -14.94%
  • Profit Growth **** 48.72%
  • Ebitda **** -11.07%
  • Net Worth 8.95%
  • Total Assets **** 1.56%
Company report

Chetan Abrasives Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Chetan Abrasives Private 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 Chetan Abrasives Private Limited?
Current Directors
Name Designation Appointment Date Status
Karan Gandhi Rakesh Director 04 Mar 2004 Current
Sonal Gandhi Rakesh Director 01 Mar 2000 Current
Rakesh Gandhi Surendrakumar Director 29 Jun 1984 Current
Shivani Gandhi Director 02 Aug 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2022 Past

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Financial Performance of Chetan Abrasives.

Chetan Abrasives Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 14.94% decrease. The company also saw a substantial improvement in profitability, with a 48.72% increase in profit. The company's net worth moved up by a moderate rise of 8.95%.

Chetan Abrasives revenue growth over time
Chetan Abrasives profit and loss trends over time
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
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -14.94%
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*******
*******
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Revenue from Operations
*******
 -16.51%
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*******
*******
*******
Total Assets
*******
 1.56%
*******
*******
*******
*******
Profit or Loss
*******
 48.72%
*******
*******
*******
*******
Net Worth
*******
 8.95%
*******
*******
*******
*******
EBITDA
*******
 -11.07%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Chetan Abrasives?

In 2021, Chetan Abrasives had a promoter holding of 99.28% and a public holding of 0.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹15,000,000.00

Satisfied Charges

₹13,197,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 1.50 Cr
Latest Charge Details
Date Lender Amount Status
13 May 2015 Hdfc Bank Limited ₹1.50 Cr Open
08 Mar 2007 M. S. Cooperative Bank Limited ₹1.20 Cr Satisfied
14 Mar 1997 Bank Of Baroda ₹1.00 M Satisfied
25 Mar 1991 Bank Of Baroda ₹0.04 M Satisfied
14 Feb 1990 Bank Of Baroda ₹0.09 M Satisfied

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How Many Employees Work at Chetan Abrasives?

Unlock and access historical data on people associated with Chetan Abrasives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chetan Abrasives, 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 Chetan Abrasives's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

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 Chetan Abrasives
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Chetan Abrasives Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Chetan Abrasives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Director Appointment

    Progress on Shivani Gandhi was appointed as a Director was appointed as a Director on 02 Aug 2022 & has been associated with this company since 3 years 6 months . was documented.

  • Charges

    Progress on A charge registered on 08 Mar 2007 via Charge ID 10054127 with M. S. Cooperative Bank Limited was fully satisfied on 18 May 2015. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 15.00 M with Charge ID 10569331 was registered on 13 May 2015. was documented.

  • Charges

    The activity A charge with M. S. Cooperative Bank Limited of Rs. 12.00 M registered on 08 Mar 2007 with Charge ID 10054127 was modified on 26 Dec 2013. was completed.

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Frequently Asked Questions
What is the CIN of Chetan Abrasives Private Limited?

The CIN of Chetan Abrasives Private Limited is U29199GJ1984PTC007050.

Where is Chetan Abrasives Private Limited headquartered?

Chetan Abrasives Private Limited is headquartered at Lehripura Road New Road, Vadodara, Gujarat, 390001.

When was Chetan Abrasives Private Limited incorporated?

Chetan Abrasives Private Limited was incorporated on 29 June 1984.

Who are the current directors of Chetan Abrasives Private Limited?

The current directors of Chetan Abrasives Private Limited are

What is the primary industry of Chetan Abrasives Private Limited?

The primary industry of Chetan Abrasives Private Limited is Trade.

Is Chetan Abrasives Private Limited a listed company?

Chetan Abrasives Private Limited is unlisted.

What is the capital structure of Chetan Abrasives Private Limited?

The authorized capital of Chetan Abrasives Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Chetan Abrasives Private Limited?

The compliance status of Chetan Abrasives Private Limited is Compliant.

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