DPIIT recognised startup Government of India
Startup India
Coreflow Chemi Private Limited - chemicals and materials in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹23.86 Cr
▲ 64% YoY
Net profit · FY 2023
₹1.03 Cr
Net margin 4.3%
EBITDA · FY 2023
₹1.03 Cr
EBITDA margin 4.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹6.19 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Coreflow Chemi Private Limited
Data last updated:
Coreflow Chemi Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 28 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46691GJ2019PTC108372. Its GSTIN is 24AAICC1975H1ZM (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Coreflow Chemi (Opc) Private Limited. It is led by directors Arif Nooruddinbhai Bazi and Arva Arifbhai Bazi (Nominee).
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 202 Dwarka Mai Soc Opp Akshar Apt Opp Rosary School Pratapganj Baroda, Vadodara, Gujarat, India – 390002.
As per the financials filed for FY 2023, the company reported a revenue of ₹23.86 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 4.3%) and EBITDA of ₹1.03 Cr (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 252% over three years.
As per MCA filings, the company has open charges of ₹6.19 Cr on record.
Coreflow Chemi Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0029342). For more details, the company can be reached via its website coreflowchemi.com.
Company details
CIN U46691GJ2019PTC108372
Registration Number 108372
Incorporation Date 28 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0029342
CIN history
Coreflow Chemi has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U46691GJ2019PTC108372, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46691GJ2019PTC108372 | Current |
| U74110GJ2019PTC108372 | Previous |
| U24304GJ2019OPC108372 | Previous |
| U24304GJ2019PTC108372 | Previous |
Recognitions & Rankings of Coreflow Chemi
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0029342
Contact details
Coreflow Chemi Private Limited's registered office is in Vadodara, Gujarat. Its website is coreflowchemi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202 Dwarka Mai Soc Opp Akshar Apt Opp Rosary School Pratapganj Baroda, Vadodara, Gujarat, India – 390002
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Coreflow Chemi Private Limited, buy the company report.
Comprehensive company report
Coreflow Chemi 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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Financials of Coreflow Chemi Private Limited
FY 2024 filings availableCoreflow Chemi Private Limited reported revenue of ₹23.86 Cr (up 64% YoY) for FY 2023.
Revenue · FY 2023
₹23.86 Cr ▲ 64%
Net profit · FY 2023
₹1.03 Cr margin 4.3%
EBITDA · FY 2023
₹1.03 Cr margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 252%
EBITDA CAGR growth
1 year
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 252% over three years, including 64% growth in the latest year. EBITDA rose 20% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹23.86 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.03 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.03 Cr | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.3% | |||
| Net Profit Margin | 4.3% | |||
| 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 Coreflow Chemi Private Limited, buy the company report.
Board of directors of Coreflow Chemi Private Limited
Coreflow Chemi has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arva Arifbhai Bazi | Nominee | 28 May 2019 | 7 Years 5 Months | Current |
| Arif Nooruddinbhai Bazi Also directs: Uts South Asia Private Limited, Root Quimica Private Limited | Director | 28 May 2019 | 7 Years 5 Months | Current |
Auditor
Coreflow Chemi Private Limited is audited by PANKIL GANDHI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKIL GANDHI & ASSOCIATES | FY 2023 | 185841 |
Shareholding
The shareholding of Coreflow Chemi Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Coreflow Chemi Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.19 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101124318 | Others | ₹4.99 Cr | Open | |
| 02 Jan 2023 | 100668177 | Axis Bank Limited | ₹1.2 Cr | Open |
To see the full charge records of Coreflow Chemi Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Coreflow Chemi Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Coreflow Chemi Private Limited has 9 MSME Form 1 returns on record between 2021 and 2024, listing 58 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jay Dwarkesh Logistic | |||
| Sai Fertilizers & Phosphates Private Limited | |||
| Kalptaru Xpress Cargo Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Coreflow Chemi Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Coreflow Chemi has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICC1975H1ZM | Gujarat | Active | 28 Jun 2019 |
To see the full GST registrations and return filing status of Coreflow Chemi Private Limited, buy the company report.
Recent activity
Coreflow Chemi Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Mohamed Nuruddin Challawala ceased to be Director on 07 Apr 2023.
Charges
A charge with Others of Rs. 499.00 Lakh registered on 27 Jun 2025 with Charge ID 101124318 was modified on 03 Jul 2025.
Charges
A charge with Others amounted to Rs. 499.00 Lakh with Charge ID 101124318 was registered on 27 Jun 2025.
AGM
Coreflow Chemi Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 120.00 Lakh registered on 02 Jan 2023 with Charge ID 100668177 was modified on 27 Jun 2024.
Filing
Coreflow Chemi Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Mohamed Nuruddin Challawala ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 120.00 Lakh with Charge ID 100668177 was registered on 02 Jan 2023.
Appointed
Arif Nooruddinbhai Bazi was appointed as Director.
Appointed
Arva Arifbhai Bazi was appointed as Nominee.
Incorporation
28 May 2019
Coreflow Chemi Private Limited was registered on 28 May 2019 with Roc Ahmedabad & aged 7 years 5 months as per MCA records.
Frequently asked questions
Coreflow Chemi is an active private limited company based in Vadodara, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 28 May 2019 (7+ years old) and is registered under CIN U46691GJ2019PTC108372.
Coreflow Chemi has 2 current directors:
- Arif Nooruddinbhai Bazi - Director
- Arva Arifbhai Bazi - Nominee
The latest financial statements of Coreflow Chemi 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 FY 2020 are in the company report.
The GSTIN of Coreflow Chemi is 24AAICC1975H1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Coreflow Chemi is U46691GJ2019PTC108372. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coreflow Chemi was incorporated on 28 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mohamed Nuruddin Challawala ceased to be Director on 07 Apr 2023. Arif Nooruddinbhai Bazi was appointed as Director on 28 May 2019. Arva Arifbhai Bazi was appointed as Nominee on 28 May 2019.
Yes, Coreflow Chemi is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Coreflow Chemi is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0029342).
Coreflow Chemi has 9 MSME Form 1 returns on record between 2021 and 2024, listing 58 overdue payments to 7 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Coreflow Chemi can be reached through the website coreflowchemi.com. Its registered office is in Vadodara, Gujarat, India.
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