MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0030612
Double Chem Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹60.7 Lakh
▲ 176% YoY
Net loss · FY 2025
₹28.21 Lakh
Net margin -46.5%
EBITDA · FY 2025
-₹21.31 Lakh
EBITDA margin -35.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹13.21 Lakh
Issued & subscribed
Satisfied charges
₹3.7 Cr
No open charges
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Double Chem Private Limited
Data last updated:
Double Chem Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 17 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2010PTC059625. Its GSTIN is 24AADCD3481C1Z3 (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.21 Lakh. It is led by directors Vaidyanathan Venkatachalam Iyer and Sharada Vaidyanathan Iyer.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 19 Royal Enclave Thaltej, Ahmedabad, Gujarat, India – 380059.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.7 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹28.21 Lakh (net margin -46.5%) and EBITDA of -₹21.31 Lakh (EBITDA margin -35.1%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 53% over five years.
As per MCA filings, the company has satisfied charges of ₹3.7 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 4 cases are pending.
Double Chem Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0030612). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website doublechem.com.
Company details
CIN U24100GJ2010PTC059625
Registration Number 059625
Incorporation Date 17 February 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0030612
Recognitions & Rankings of Double Chem
Contact details
Double Chem Private Limited's registered office is in Ahmedabad, Gujarat. Its website is doublechem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address19 Royal Enclave Thaltej, Ahmedabad, Gujarat, India – 380059
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Double Chem Private Limited, buy the company report.
Comprehensive company report
Double Chem 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 Double Chem is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Double Chem Private Limited, buy the company report.
Financials of Double Chem Private Limited
FY 2025 filings availableDouble Chem Private Limited reported revenue of ₹60.7 Lakh (up 176% YoY) for FY 2025.
Revenue · FY 2025
₹60.7 Lakh ▲ 176%
Net loss · FY 2025
₹28.21 Lakh margin -46.5%
EBITDA · FY 2025
-₹21.31 Lakh margin -35.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 176%
3 years · compounded
▼ 36%
5 years · compounded
▼ 53%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▼ 41%
5 years · compounded
▼ 22%
Revenue rose 176% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 53%. EBITDA rose 71% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.21 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.1% | ||||
| Net Profit Margin | -46.5% | ||||
| 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 Double Chem Private Limited, buy the company report.
Board of directors of Double Chem Private Limited
Double Chem has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaidyanathan Venkatachalam Iyer | Director | 17 Feb 2010 | 16 Years 8 Months | Current |
| Sharada Vaidyanathan Iyer | Director | 17 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Double Chem Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khusboo Distributors Private Limited | ₹61.32 Lakh (FY 2025) | -57.0% | Noida, Uttar Pradesh, India | |||
| Unilink Chemicals Private Limited | ₹60.97 Lakh (FY 2025) | -88.0% | Vadodara, Gujarat, India | |||
| Sinnar Gases Private Limited | ₹60.9 Lakh (FY 2025) | 9.0% | Nashik, Maharashtra, India | |||
| Consul Nature Elements Private Limited | ₹60.82 Lakh (FY 2022) | Greater Noida, Uttar Pradesh, India | ||||
| Double Chem Private Limitedthis company | ₹60.7 Lakh (FY 2025) | -₹28.21 Lakh | -46.5% | 176.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Double Chem Private Limited, buy the company report.
Auditor
Double Chem Private Limited is audited by PRADIP B GANDHI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADIP B GANDHI & CO | FY 2020 | 118674W |
Shareholding
The shareholding of Double Chem Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Double Chem Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Dec 2014 | 10535672 | Hdfc Bank Limited | ₹3.7 Cr | Satisfied |
To see the full charge records of Double Chem Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Double Chem Private Limited has 8 court cases on record: 4 filed by Double Chem, 4 filed against it. 4 cases are pending and 4 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 4 |
Cases on record (2 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Anjanaben Kaushalbhai Shah Prop of M/S Parshwa Chemical | Disposed |
To see the full case history of Double Chem 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
No delayed payments to MSME suppliers are on our record for Double Chem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Double Chem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD3481C1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Double Chem Private Limited, buy the company report.
Recent activity
Double Chem Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Pranay Niranjan Parikh ceased to be Director on 15 May 2023.
AGM
Double Chem Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Double Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 04 Dec 2014 via Charge ID 10535672 with Hdfc Bank Limited was fully satisfied on 06 Nov 2023.
Ceased
Pranay Niranjan Parikh ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 370.00 Lakh registered on 04 Dec 2014 with Charge ID 10535672 was modified on 11 Apr 2023.
Ceased
Chun Lung Law ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 370.00 Lakh with Charge ID 10535672 was registered on 04 Dec 2014.
Appointed
Sharada Vaidyanathan Iyer was appointed as Director.
Appointed
Vaidyanathan Venkatachalam Iyer was appointed as Director.
Incorporation
17 Feb 2010
Double Chem Private Limited was registered on 17 Feb 2010 with Roc Ahmedabad & aged 16 years 8 months as per MCA records.
Frequently asked questions
Double Chem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 17 February 2010 (16+ years old) and is registered under CIN U24100GJ2010PTC059625.
Double Chem has 2 current directors:
- Vaidyanathan Venkatachalam Iyer - Director
- Sharada Vaidyanathan Iyer - Director
The latest financial statements of Double Chem on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Double Chem is 24AADCD3481C1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Double Chem is U24100GJ2010PTC059625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Double Chem has 8 court cases on record: 4 filed by the company and 4 filed against it. 4 are pending.
Double Chem was incorporated on 17 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Double Chem by revenue are Khusboo Distributors Private Limited, Unilink Chemicals Private Limited, Sinnar Gases Private Limited, Consul Nature Elements Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Pranay Niranjan Parikh ceased to be Director on 15 May 2023. Chun Lung Law ceased to be Director on 08 Jun 2016. Sharada Vaidyanathan Iyer was appointed as Director on 17 Feb 2010. Double Chem has 4 board changes on record in total.
Yes, Double Chem is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0030612).
Double Chem can be reached through the website doublechem.com. Its registered office is in Ahmedabad, Gujarat, India.
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