MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0015696
Choksi Colours Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹44.06 Cr
▼ 12% YoY
Net loss · FY 2024
₹17.04 Lakh
Net margin -0.4%
EBITDA · FY 2024
₹3.17 Cr
EBITDA margin 7.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹46.88 Lakh
Issued & subscribed
Open charges
₹14 Cr
Satisfied ₹32.9 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
51
Provident fund records
About Choksi Colours Private Limited
Data last updated:
Choksi Colours Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the colorants segment of the chemicals and materials sector. It was incorporated on 10 July 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2000PTC038330. Its GSTIN is 24AABCC4629D1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹46.88 Lakh. It is led by directors Kajri Pradipkumar Choksi and Giraben Pradipkumar Choksi.
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 S.T 802803 One 42 B/H Ashok Vatika Nr Jayantilal Park Brts Ambli Bopal Road, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.06 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹17.04 Lakh (net margin -0.4%) and EBITDA of ₹3.17 Cr (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 12% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹32.9 Cr on record. Court records list 14 cases involving the company, including 2 filed by the company and 12 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in December 2021. Its 8 peer companies in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 5 smaller; the largest is Greensea Industries Private Limited with revenue of ₹45.52 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 14 overdue payments to 4 micro and small suppliers.
Choksi Colours Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0015696). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choksiexports.com.
Company details
CIN U24110GJ2000PTC038330
Registration Number 038330
Incorporation Date 10 July 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0015696
Recognitions & Rankings of Choksi Colours
Contact details
Choksi Colours Private Limited's registered office is in Ahmedabad, Gujarat. Its website is choksiexports.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.T 802803 One 42 B/H Ashok Vatika Nr Jayantilal Park Brts Ambli Bopal Road, Ahmedabad, Gujarat, India – 380054
- IndustryChemicals and Materials, Colorants, Dyes & Pigments
To see the full contact details of Choksi Colours Private Limited, buy the company report.
Comprehensive company report
Choksi Colours Private Limited - one report that includes everything
- 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
The main business activity of Choksi Colours is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Choksi Colours Private Limited, buy the company report.
Financials of Choksi Colours Private Limited
FY 2025 filings availableChoksi Colours Private Limited reported revenue of ₹44.06 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹44.06 Cr ▼ 12%
Net loss · FY 2024
₹17.04 Lakh margin -0.4%
EBITDA · FY 2024
₹3.17 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 15%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 168%
3 years · compounded
▼ 28%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 12% fall in the latest year. EBITDA rose 168% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹44.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.04 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Choksi Colours Private Limited, buy the company report.
Board of directors of Choksi Colours Private Limited
Choksi Colours has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kajri Pradipkumar Choksi | Director | 01 Jul 2014 | 12 Years 3 Months | Current |
| Giraben Pradipkumar Choksi Also directs: Varn Fashion Overseas LLP, Riocon Colours Private Limited, Global Nanotech Private Limited and 1 more | Director | 28 Nov 2022 | 3 Years 10 Months | Current |
Peer comparison
Choksi Colours Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greensea Industries Private Limited | ₹45.52 Cr (FY 2024) | 2.0% | Morbi, Gujarat, India | |||
| Solunaris Private Limited | ₹45.41 Cr (FY 2024) | 13.0% | Ahmedabad, Gujarat, India | |||
| Arlex Chemi Private Limited | ₹44.99 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India | |||
| Choksi Colours Private Limitedthis company | ₹44.06 Cr (FY 2024) | -₹17.04 Lakh | -0.4% | -12.0% | 51 | Ahmedabad, Gujarat, India |
| Bhanu Dyes Private Limited | ₹42.43 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| United Chemie Private Limited | ₹42.32 Cr (FY 2024) | -30.0% | Ahmedabad, Gujarat, India | |||
| Vivid Global Industries Limited | ₹41.63 Cr (FY 2025) | 19.0% | Thane, Maharashtra, India | |||
| Darshanam Impex Private Limited | ₹41.05 Cr (FY 2025) | 85.0% | Ankleshwar, Gujarat, India | |||
| Bi-Ki Dyes and Chemicals Private Limited | ₹40.94 Cr (FY 2025) | 20.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Choksi Colours Private Limited, buy the company report.
Auditor
Choksi Colours Private Limited is audited by SHAH SANGHVI & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SANGHVI & ASSOCIATES | FY 2024 | 140107W |
Shareholding
The shareholding of Choksi Colours Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Choksi Colours Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14 Cr
Satisfied charges
₹32.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2025 | 101091487 | Others | ₹4 Cr | Open | |
| 26 May 2021 | 100457876 | Others | ₹10 Cr | Open | |
| 24 Oct 2016 | 100060224 | Others | ₹10 Cr | Satisfied | |
| 20 Jun 2011 | 10295623 | Citibank N. A. | ₹2.9 Cr | Satisfied | |
| 07 Mar 2011 | 10272663 | Citi Bank N.A. | ₹7 Cr | Satisfied |
To see the full charge records of Choksi Colours Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Choksi Colours Private Limited has 2 deals on record (2 secondary share transfers); the latest was in December 2021.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Choksi Colours Private Limited has 14 court cases on record: 2 filed by Choksi Colours, 12 filed against it. All cases are disposed.
Total cases
14
Filed by the company
2
Filed against the company
12
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Chief Executive Officer of the Dahej Sez Ltd and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Ahmedabad Electricity Co. Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR-EN) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Choksi Colours Private Limited, buy the company report.
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
Choksi Colours Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 14 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Patawari Traders | |||
| Vanvid Chemicals Private Limited | |||
| Credence Chem Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Choksi Colours Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Choksi Colours Private Limited has a workforce of 51 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-19.05%
GST
Choksi Colours has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCC4629D1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Choksi Colours Private Limited, buy the company report.
Recent activity
Choksi Colours Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Pradipkumar Manilal Choksi ceased to be Director on 18 Mar 2024.
AGM
Choksi Colours Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101091487 was registered on 25 Apr 2025.
Filing
Choksi Colours Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Pradipkumar Manilal Choksi ceased to be Director.
Appointed
Giraben Pradipkumar Choksi was appointed as Director.
Charges
A charge registered on 07 Mar 2011 via Charge ID 10272663 with Citi Bank N.A. was fully satisfied on 29 Sep 2022.
Charges
A charge with Others of Rs. 10.00 Cr registered on 26 May 2021 with Charge ID 100457876 was modified on 24 Dec 2021.
Charges
A charge registered on 20 Jun 2011 via Charge ID 10295623 with Citibank N. A. was fully satisfied on 18 Jun 2021.
Charges
A charge registered on 07 Mar 2011 via Charge ID 10272664 with Citibank N. A. was fully satisfied on 18 Jun 2021.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100457876 was registered on 26 May 2021.
Charges
A charge registered on 24 Oct 2016 via Charge ID 100060224 with Others was fully satisfied on 08 Apr 2021.
Ceased
Dhara Pradipkumar Choksi ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Choksi Colours is an active private limited company based in Ahmedabad, Gujarat, India. The company works in colorants, within the chemicals and materials industry. It was incorporated on 10 July 2000 (26+ years old) and is registered under CIN U24110GJ2000PTC038330.
Choksi Colours has 2 current directors:
- Kajri Pradipkumar Choksi - Director
- Giraben Pradipkumar Choksi - Director
The latest financial statements of Choksi Colours on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Choksi Colours is 24AABCC4629D1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Choksi Colours is U24110GJ2000PTC038330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choksi Colours has 14 court cases on record: 2 filed by the company and 12 filed against it. Most are in the district courts.
Choksi Colours was incorporated on 10 July 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Choksi Colours has 2 deals on record (2 secondary share transfers); the latest was in December 2021.
The peers of Choksi Colours by revenue are Greensea Industries Private Limited, Solunaris Private Limited, Arlex Chemi Private Limited, Bhanu Dyes Private Limited, United Chemie Private Limited and 3 more, all in the Chemicals industry (Dyes and Pigments), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Pradipkumar Manilal Choksi ceased to be Director on 18 Mar 2024. Giraben Pradipkumar Choksi was appointed as Director on 28 Nov 2022. Dhara Pradipkumar Choksi ceased to be Director on 31 Aug 2020. Choksi Colours has 5 board changes on record in total.
Yes, Choksi Colours is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0015696).
Choksi Colours has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 14 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Apr 2023.