Drychem Solutions Private Limited

Drychem Solutions Private Limited - manufacturing in Navi Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U51432MH2002PTC135661 Incorporated 26 April 2002 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Merged Private Limited Company manufacturing
Data last updated
Revenue · FY 2020
₹99.53 Cr
▲ 198.00% YoY
EBITDA · FY 2020
Locked
In full report
Net profit · FY 2020
Locked
In full report
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹63.26 Lakh
Issued & subscribed
Open charges
None
Satisfied ₹29.97 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
145
Latest available

About Drychem Solutions Private Limited

Data last updated: 25 July 2025

Drychem Solutions Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in cement and cement products, a part of the broader manufacturing sector. Incorporated on 26 April 2002.

Registered with ROC Mumbai under CIN U51432MH2002PTC135661.

Capital: an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹63.26 Lakh. Formerly known as Alive Ceramics Private Limited. It was led by directors Ashok Nagardas Mehta and Kaushal Ashok Mehta.

Last AGM: 31 December 2020. Financial statements filed for year ended 31 March 2020. Office: Plot No.A – 246 Ttc Industrial Area Midc Mahape Navi Mumbai, Maharashtra, India – 400701.

As per the financials filed for FY 2020, the company reported a revenue of ₹99.53 Cr, reflecting significant growth compared to the previous year.

The company had a reported workforce of approximately 145 employees prior to being dissolved.

The company was associated with 1 brand - Drychem. As per MCA filings, the company had satisfied charges of ₹29.97 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is drychem.com.

Company Details of Drychem Solutions Private Limited
CIN U51432MH2002PTC135661
Registration Number 135661
Incorporation Date 26 April 2002
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Plot No.A – 246 Ttc Industrial Area Midc Mahape Navi Mumbai, Maharashtra, India – 400701
  • Industry
    Manufacturing, Cement & Cement Products
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Financials, compliance, directors, charges, ownership and filings for Drychem Solutions Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Drychem Solutions Private Limited

Drychem Solutions Private Limited operates one associated brand: DryChem. These brands represent Drychem Solutions Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufactures building materials including wall putty and adhesives for construction. drychem.com

Competitors & Alternatives of Drychem Solutions Private Limited

Brands and companies operating in the same space as Drychem Solutions Private Limited include Asian Paints, Kansai Nerolac, Shalimar Paints and 6 more.

Competitor Description Location Founded
Asian Paints Asian Paints Industrial and decorative paints are manufactured along with related solutions. Mumbai, India, India 1942
Kansai Nerolac Kansai Nerolac Industrial and decorative paints are manufactured by Kansai Nerolac. Mumbai, India, India 1920
Shalimar Paints Shalimar Paints Protective coatings are manufactured for industrial applications in India. Delhi, India, India 1902
Mapei Mapei Chemical products including adhesives and sealants for construction are manufactured. Milan, Italy, Italy 1937
Bostik Bostik Industrial adhesives are manufactured by Bostik for diverse applications. Paris, France, France 1889
Grauer & Weil India Grauer & Weil India Electroplating chemicals, paints, and equipment are manufactured by the company. Mumbai, India, India 1957
Wanhua Chemical Group Wanhua Chemical Group Chemical products are manufactured and distributed by Wanhua Chemical Group. Yantai, China, China 1998
Pidilite Pidilite Adhesives and sealants are manufactured by Pidilite in India. Mumbai, India, India 1959
Fosroc Fosroc Adhesives, sealants, and chemicals for construction applications are manufactured. Dubai, United Arab Emirates, United Arab Emirates 1972

Business Activity of Drychem Solutions Private Limited

Drychem Solutions Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C8 Plastic products, non-metallic mineral products, rubber products, fabricated metal products Locked
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Business activity turnover details for Drychem Solutions Private Limited

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Auditor Details of Drychem Solutions Private Limited

Drychem Solutions Private Limited is audited by BHUMIKA D SHAH & CO for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
BHUMIKA D SHAH & CO Locked Locked Locked
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Complete auditor history for Drychem Solutions Private Limited

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Board of Directors of Drychem Solutions Private Limited

Drychem Solutions Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Ashok Nagardas Mehta Director 26 Apr 2002 24 Years 2 Months As last reported
Kaushal Ashok Mehta Managing Director 26 Apr 2002 24 Years 2 Months As last reported

Financials of Drychem Solutions Private Limited FY 2020 filings available

Drychem Solutions Private Limited reported revenue of ₹99.53 Cr (up 198.00% YoY) for FY 2020.

Revenue · FY 2020
₹99.53 Cr ▲ 198.00%
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Ten-year financial statements for Drychem Solutions Private Limited

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Ownership and Shareholding of Drychem Solutions Private Limited

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Shareholding and ownership data for Drychem Solutions Private Limited

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Charges & Borrowings of Drychem Solutions Private Limited

Open charges
₹0
Satisfied charges
₹29.97 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹15.00 Cr
The Shamrao Vithal Co-Operative Bank Limited₹11.13 Cr
The Shamrao Vithal Co. Op. Bank Ltd.₹2.00 Cr
The Shamrao Vithal Co-Operative Bank Ltd.₹1.54 Cr
Bank of India₹0.30 Cr
Latest charge details
DateLenderAmountStatus
23 Oct 2019 The Hongkong and Shanghai Banking Corporation Limited ₹15 Cr Satisfied
17 Jun 2011 The Shamrao Vithal Co-Operative Bank Limited ₹1.54 Cr Satisfied
17 Jun 2011 The Shamrao Vithal Co-Operative Bank Ltd. ₹1.54 Cr Satisfied
14 Aug 2008 The Shamrao Vithal Co-Operative Bank Limited ₹2.35 Cr Satisfied
04 Jan 2008 The Shamrao Vithal Co-Operative Bank Limited ₹7.24 Cr Satisfied

Total charge records: 7 View all charges

Employees and EPFO Compliance at Drychem Solutions Private Limited

Drychem Solutions Private Limited has a workforce of 145 employees as of Mar 21, 2024.

Employee count
145
Active EPFO establishments
1
Employee growth
5.84%
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Employee and EPFO history for Drychem Solutions Private Limited

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GST Compliance of Drychem Solutions Private Limited

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GST registrations and filing compliance for Drychem Solutions Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Drychem Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts for Drychem Solutions Private Limited

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MSME Payment Delays by Drychem Solutions Private Limited

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MSME payment history for Drychem Solutions Private Limited

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Subsidiaries & Group Companies of Drychem Solutions Private Limited

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Corporate group structure for Drychem Solutions Private Limited

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MCA Filings & Documents of Drychem Solutions Private Limited

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MCA filings and documents for Drychem Solutions Private Limited

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Recent Activity on Drychem Solutions Private Limited

Activity
31 Dec 2020
Drychem Solutions Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Charges
19 May 2020
A charge registered on 23 Oct 2019 via Charge ID 100300374 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 19 May 2020.
Activity
31 Mar 2020
Drychem Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.
Charges
22 Nov 2019
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15.00 Cr registered on 23 Oct 2019 with Charge ID 100300374 was modified on 22 Nov 2019.
Charges
23 Oct 2019
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 15.00 Cr with Charge ID 100300374 was registered on 23 Oct 2019.
Charges
07 Jun 2016
A charge registered on 17 Jun 2011 via Charge ID 10294666 with The Shamrao Vithal Co-Operative Bank Limited was fully satisfied on 07 Jun 2016.

Frequently Asked Questions about Drychem Solutions Private Limited

Drychem Solutions Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Drychem Solutions Private Limited is a amalgamated private limited company in the manufacturing sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 26 April 2002 and is registered under CIN U51432MH2002PTC135661. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Drychem Solutions Private Limited was incorporated on 26 April 2002. Registered with ROC Mumbai.

The current directors of Drychem Solutions Private Limited are:

The CIN (Corporate Identification Number) of Drychem Solutions Private Limited is U51432MH2002PTC135661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Drychem Solutions Private Limited is manufacturing. The company specifically operates in cement and cement products.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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