About Choice Chemtech Private Limited
Data last updated:
Choice Chemtech Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 17 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24119UP1998PTC236471. Its GSTIN is 09AABCC2041B1ZE (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors Megha Goyal and Ankit Goyal.
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 B 30 Sector 63, Noida, Uttar Pradesh, India – 201301.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hypr. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹42.37 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 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 hyprev.in.
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- Registered AddressB 30 Sector 63, Noida, Uttar Pradesh, India – 201301
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
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Business Activity of Choice Chemtech Private Limited
Choice Chemtech operates primarily in the manufacturing sector. One business activity is registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Detailed business activity records
Activity codes and each activity's share of turnover are in the company report.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Financials of Choice Chemtech Private Limited FY 2025 filings available
Choice Chemtech Private Limited reported revenue of ₹39.93 Cr for FY 2023.
Financial Statement Summary of Choice Chemtech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹39.93 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.9 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 Choice Chemtech Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Choice Chemtech 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 Choice Chemtech Private Limited
Choice Chemtech Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Choice Chemtech Private Limited this company | ₹39.93 Cr (FY 2023) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Gaura Electric Vehicles Private Limited | ₹26.74 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Palani, Tamil Nadu, India |
| E-Ashwa Automotive Private Limited | ₹26 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Delhi, India |
| Maa Shakti Exim Private Limited | ₹25.82 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Delhi, India |
| Senzo Electric India Private Limited | ₹25.5 Cr (FY 2025) | •••• | •••• | 510.0% | •••• | Ellenabad, Haryana, India |
| Golden Green Innovations Private Limited | ₹25.07 Cr (FY 2025) | •••• | •••• | 13568.0% | •••• | Mumbai, Maharashtra, India |
| Eco Evols Private Limited | ₹24.36 Cr (FY 2023) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Cosbike Private Limited | ₹23.93 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Kalka, Haryana, India |
| Okinawa Scooters & Motorcycles India Private Limited | ₹23.84 Cr (FY 2025) | •••• | •••• | -78.0% | •••• | Gurgaon, Haryana, India |
| Jaidka Power Systems Private Limited | ₹23.79 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
| SPR Emf Innovations Private Limited | ₹23.76 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Palladam, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Choice Chemtech by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Choice Chemtech Private Limited
Choice Chemtech has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megha Goyal | Director | 04 Mar 2021 | 5 Years 7 Months | Current |
| Ankit Goyal Also directs: Choice Copiers Pvt Ltd, Fliksa Technology Private Limited | Director | 19 Sep 2016 | 10 Years 0 Months | Current |
Charges & Borrowings of Choice Chemtech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2024 | Yes Bank Limited | ₹20 Cr | Open |
| 21 Apr 2023 | Hdfc Bank Limited | ₹5.5 Cr | Satisfied |
| 16 Mar 2022 | Axis Bank Limited | ₹6.5 Cr | Satisfied |
| 22 Oct 2021 | Hdfc Bank Limited | ₹4 Cr | Satisfied |
| 21 Sep 2012 | Corporation Bank | ₹8.5 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Choice Chemtech Private Limited
Choice Chemtech Private Limited has 9 court cases on record: 2 filed by Choice Chemtech, 7 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Execution petition | Filed against the company by Metone Electronics Private Limited | Disposed |
| District court, North East, Delhi | Execution petition | Filed against the company by Metone Electronics Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ups Express Private Limited | Disposed |
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed against the company by Metone Electronics Private Limited | Disposed |
| District court, North East, Delhi | Court case (Civ Suit) | Filed against the company by Metone Electronics Private Limited | Disposed |
Full case history
All 9 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.
Employees and EPFO Compliance at Choice Chemtech Private Limited
Employment history and EPFO contributions of people linked to Choice Chemtech.
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 Choice Chemtech Private Limited
Choice Chemtech has one previous CIN (Corporate Identification Number): U24119DL1998PTC095043. The current CIN is U24119UP1998PTC236471, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24119UP1998PTC236471 | Current |
| U24119DL1998PTC095043 | Previous |
Recent Activity on Choice Chemtech Private Limited
Choice Chemtech Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Megha Goyal ceased to be Additional Director on 30 Nov 2021.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Choice Chemtech Private 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.
MSME Payment Delays by Choice Chemtech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Choice Chemtech Private 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 Choice Chemtech Private Limited
Choice Chemtech has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCC2041B1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
| 08AABCC2041B1ZG | Rajasthan | Active | 19 May 2022 |
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 Choice Chemtech Private 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 Choice Chemtech Private Limited
Choice Chemtech is an active private limited company based in Noida, Uttar Pradesh, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 17 July 1998 (28+ years old) and is registered under CIN U24119UP1998PTC236471.
Choice Chemtech has 2 current directors:
- Megha Goyal - Director
- Ankit Goyal - Director
The GSTIN of Choice Chemtech is 09AABCC2041B1ZE, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AABCC2041B1ZG (Rajasthan).
The CIN (Corporate Identification Number) of Choice Chemtech is U24119UP1998PTC236471. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choice Chemtech has 9 court cases on record: 2 filed by the company and 7 filed against it. Most are in the district courts.
Choice Chemtech was incorporated on 17 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Choice Chemtech by revenue are Gaura Electric Vehicles Private Limited, E-Ashwa Automotive Private Limited, Maa Shakti Exim Private Limited, Senzo Electric India Private Limited, Golden Green Innovations Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Megha Goyal ceased to be Additional Director on 30 Nov 2021. Neeraj Prakash Pandey ceased to be Additional Director on 30 Nov 2021. Palki Gupta ceased to be Additional Director on 23 Aug 2021. Choice Chemtech has 7 board changes on record in total.
Choice Chemtech can be reached through the website hyprev.in. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Choice Chemtech is at B 30 Sector 63, Noida, Uttar Pradesh, India – 201301.
Choice Chemtech has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33 Lakh.