About Cicb-Chemicon Private Limited
Data last updated:
Cicb-Chemicon Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 31 January 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA1979PTC003456. Its GSTIN is 29AAACC5980G1ZH (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.4 Cr. It was formerly known as Chemicon Private Limited. It is led by directors including Katpady Dinakara Kini (Whole-Time Director) and Deepak Dinakara Kini (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 239 Mahalaxmipuram P.O.Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.35 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹40.14 Lakh (net margin 3%) and EBITDA of ₹2.56 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.59 Cr and satisfied charges of ₹6.1 Cr on record. Court records list 35 cases involving the company, including 7 filed by the company and 28 filed against it; 10 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.74 Cr; the latest was in December 2013.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cicb-chemicon.com.
Company details
CIN history
Cicb-Chemicon has one previous CIN (Corporate Identification Number): U85110KA1979PTC003456. The current CIN is U74140KA1979PTC003456, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140KA1979PTC003456 | Current |
| U85110KA1979PTC003456 | Previous |
Contact details
Cicb-Chemicon Private Limited's registered office is in Bangalore, Karnataka. Its website is cicb-chemicon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address239 Mahalaxmipuram P.O.Bangalore, Karnataka, India – 560086
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Cicb-Chemicon Private Limited, buy the company report.
- 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
Business activity
The main business activity of Cicb-Chemicon is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Cicb-Chemicon Private Limited, buy the company report.
Financials of Cicb-Chemicon Private Limited
FY 2024 filings availableCicb-Chemicon Private Limited reported revenue of ₹13.35 Cr (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 40% growth in the latest year. EBITDA fell 17% 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 |
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| EBITDA | ₹2.56 Cr | ||||
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| Net Profit (PAT) | ₹40.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Cicb-Chemicon Private Limited, buy the company report.
Board of directors of Cicb-Chemicon Private Limited
Cicb-Chemicon has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Katpady Dinakara Kini | Whole-Time Director | 18 Mar 2004 | 22 Years 7 Months | Current |
| Deepak Dinakara Kini | Whole-Time Director | 24 Oct 1981 | 44 Years 11 Months | Current |
| Porangada Boppaiah Kaveriappa | Director | 18 Mar 2004 | 22 Years 7 Months | Current |
| Dilip Dinakara Kini Also directs: Dstara Visions LLP | Whole-Time Director | 18 Mar 2004 | 22 Years 7 Months | Current |
Auditor
Cicb-Chemicon Private Limited is audited by A K Gopinath Shenoy & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K Gopinath Shenoy & Co. | FY 2023 | 000983S |
Shareholding
The shareholding of Cicb-Chemicon Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Cicb-Chemicon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2021 | 100516150 | Axis Bank Limited | ₹53.93 Lakh | Open | |
| 04 Mar 2008 | 10101592 | Tata Capital Limited | ₹60 Lakh | Open | |
| 10 Nov 2004 | 80003503 | Canara Bank | ₹17.79 Cr | Open | |
| 23 Dec 1998 | 90381029 | State Bank of Mysore | ₹5.5 Lakh | Open | |
| 02 Nov 1998 | 90381028 | State Bank of Mysore | ₹64 Lakh | Open |
To see the full charge records of Cicb-Chemicon Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Cicb-Chemicon Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.74 Cr; the latest was in December 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2010 | Funding round | ₹1.98 Cr | Investors: 4 individuals |
| Sep 2007 | Funding round | ₹1.76 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cicb-Chemicon Private Limited has 35 court cases on record: 7 filed by Cicb-Chemicon, 28 filed against it. 10 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 20 | 9 |
| High courts | 14 | 8 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by R R Steel and Engineering Pvt Ltd Through Mr Deepak B Solanki | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Ms Wesmec Engineering Pvt Ltd Through Mr Emiedius Aranjo | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Starline Packers Pvt Ltd | Disposed |
| District court, Kurnool, Andhra Pradesh | Civil suit | Filed against the company by Ms Sree Rayalaseema Hi-Strength Hypo Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms. Pon Pure Logistics Pvt.Ltd | Disposed |
To see the full case history of Cicb-Chemicon 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.
Credit ratings & regulatory alerts
Cicb-Chemicon Private Limited was last rated by Icra on 06 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 06 Sep 2021 |
To see the full credit ratings and regulatory alerts of Cicb-Chemicon Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cicb-Chemicon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cicb-Chemicon Private Limited has a workforce of 24 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Cicb-Chemicon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACC5980G1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cicb-Chemicon Private Limited, buy the company report.
Recent activity
Cicb-Chemicon Private Limited has 11 board changes on record since 1981: 4 appointments and 7 cessations. The latest: Katpady Dinakara Kini ceased to be Director on 29 Sep 2019.
57 earlier events are in the company report.
Frequently asked questions
Cicb-Chemicon is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 31 January 1979 (47+ years old) and is registered under CIN U74140KA1979PTC003456.
Cicb-Chemicon has 4 current directors:
- Katpady Dinakara Kini - Whole-Time Director
- Deepak Dinakara Kini - Whole-Time Director
- Dilip Dinakara Kini - Whole-Time Director
- Porangada Boppaiah Kaveriappa - Director
The latest financial statements of Cicb-Chemicon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cicb-Chemicon is 29AAACC5980G1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Cicb-Chemicon is U74140KA1979PTC003456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cicb-Chemicon has 35 court cases on record: 7 filed by the company and 28 filed against it. 10 are pending. Most are in the district courts.
Cicb-Chemicon was incorporated on 31 January 1979, making it 47+ years old. It is registered with the Registrar of Companies, Bangalore.
Cicb-Chemicon has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.74 Cr; the latest was in December 2013.
Katpady Dinakara Kini ceased to be Director on 29 Sep 2019. Deepak Dinakara Kini ceased to be Director on 27 Sep 2019. Dilip Dinakara Kini ceased to be Director on 27 Sep 2019. Cicb-Chemicon has 11 board changes on record in total.
Cicb-Chemicon can be reached through the website cicb-chemicon.com. Its registered office is in Bangalore, Karnataka, India.