Digico Ink Private Limited
About Digico Ink Private Limited
Data last updated:
Digico Ink Private Limited was a private limited company based in Rajkot, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the colorants, dyes and pigments segment of the chemicals and materials sector. It was incorporated on 17 January 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24223GJ2013PTC073388. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It was led by directors Patel Ayush Manishbhai and Mukeshkumar Ganeshbhai Antiya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at B – 102 Upasna Flat Sadhuvasvani Road, Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.33 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net profit of ₹27,826 (net margin 20.9%) and EBITDA of ₹77,746 (EBITDA margin 58.5%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 58% over five years.
As per MCA filings, the company has satisfied charges of ₹4.04 Cr on record. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹79 Lakh; the latest was in March 2019. Its 10 peer companies in the Chemicals industry (Dyes and Pigments) are compared by revenue, 5 larger and 5 smaller; the largest is Meghmani Specialty Chemicals Limited with revenue of ₹1.54 Lakh.
Company details
Contact details
Digico Ink Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 102 Upasna Flat Sadhuvasvani Road, Rajkot, Gujarat, India – 360005
- IndustryChemicals and Materials, Colorants, Dyes & Pigments
To see the full contact details of Digico Ink 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
Financials of Digico Ink Private Limited
FY 2022 filings availableDigico Ink Private Limited reported revenue of ₹1.33 Lakh (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 99% fall in the latest year. EBITDA fell 99% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.33 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹77,746 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27,826 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.5% | ||||
| Net Profit Margin | 20.9% | ||||
| 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 Digico Ink Private Limited, buy the company report.
Board of directors of Digico Ink Private Limited
Digico Ink has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patel Ayush Manishbhai Also directs: Digico Ceramic LLP, Granilla Worldwide Private Limited | Director | 04 Mar 2022 | 4 Years 7 Months | As last reported |
| Mukeshkumar Ganeshbhai Antiya Also directs: Digico Ceramic LLP, Cronmet Colourshield LLP | Director | 01 Feb 2013 | 13 Years 8 Months | As last reported |
Peer comparison
Digico Ink Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meghmani Specialty Chemicals Limited | ₹1.54 Lakh (FY 2016) | -60.0% | Ahmedabad, Gujarat, India | |||
| Regal (India) Private Limited | ₹1.54 Lakh (FY 2024) | -94.0% | Delhi, India | |||
| Blue Giant India Private Limited | ₹1.45 Lakh (FY 2025) | -90.0% | Mumbai, Maharashtra, India | |||
| Herdillia Chemicals Limited | ₹1.42 Lakh (FY 2022) | -17.0% | New Delhi, Delhi, India | |||
| Kavasmaneck Dyestuffs Private Limited | ₹1.38 Lakh (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Digico Ink Private Limitedthis company | ₹1.33 Lakh (FY 2022) | ₹27,826 | 20.9% | -99.0% | Rajkot, Gujarat, India | |
| Asha Dispersions Private Limited | ₹1.32 Lakh (FY 2025) | 80.0% | Mumbai, Maharashtra, India | |||
| Rainbow Ink and Varnish Manufacturing Company Limited | ₹1.26 Lakh (FY 2024) | -74.0% | Mumbai, Maharashtra, India | |||
| Dewan Wala Chemical and Dyes Pvt Ltd | ₹1.2 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Gujarat Intermediates Pvt. Ltd | ₹1.18 Lakh (FY 2025) | 5.0% | Gujarat, India | |||
| Advent Holistics Private Limited | ₹93,915 (FY 2025) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Digico Ink Private Limited, buy the company report.
Auditor
Digico Ink Private Limited is audited by C B C L & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C B C L & CO | FY 2021 | 132198W |
Shareholding
The shareholding of Digico Ink Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Digico Ink Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2013 | 10420931 | Central Bank of India | ₹4.04 Cr | Satisfied |
To see the full charge records of Digico Ink Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Digico Ink Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹79 Lakh; the latest was in March 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2013 | Funding round | ₹79 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Digico Ink 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
No delayed payments to MSME suppliers are on our record for Digico Ink Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Digico Ink has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Digico Ink Private Limited, buy the company report.
Recent activity
Digico Ink Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Hiten Ramanikbhai Rajkotia ceased to be Director on 17 Mar 2022.
Frequently asked questions
Digico Ink has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Digico Ink was a private limited company based in Rajkot, Gujarat, India. The company worked in colorants, dyes and pigments, within the chemicals and materials industry. It was incorporated on 17 January 2013 and is registered under CIN U24223GJ2013PTC073388. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Digico Ink is U24223GJ2013PTC073388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digico Ink had 2 directors:
- Patel Ayush Manishbhai - Director
- Mukeshkumar Ganeshbhai Antiya - Director
Digico Ink was incorporated on 17 January 2013. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Digico Ink is at B – 102 Upasna Flat Sadhuvasvani Road, Rajkot, Gujarat, India – 360005.
The latest financial statements of Digico Ink on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Digico Ink has 1 GST registration on record and it is cancelled or inactive.
Digico Ink operated in the chemicals and materials industry, in the colorants, dyes and pigments segment.
Digico Ink has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹79 Lakh; the latest was in March 2019.
The peers of Digico Ink by revenue are Meghmani Specialty Chemicals Limited, Regal (India) Private Limited, Blue Giant India Private Limited, Herdillia Chemicals Limited, Kavasmaneck Dyestuffs Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).