About Finorchem Limited
Data last updated: 11 January 2026
Finorchem Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Acme Chem Ltd. It specialises in specialty chemicals, a part of the broader chemicals and materials sector. Incorporated on 31 January 1994, the company has been in operation for over 32 years.
Registered with ROC Kolkata under CIN U24299WB1994PLC240045.
Capital: an authorised share capital of ₹75 Cr and a paid-up capital of ₹64.66 Cr. Formerly known as Merchem Private Limited and Grove Chemicals Private Limited. It is led by directors including Vishwanathramnath Balasubramaniyan and Shyam Kumar Taparia.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: 9E Saket Apartments 2 Ho Chi Minh Sarani, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹558.51 Cr, a growth of 3% compared to the previous year.
The company has a workforce of approximately 454 employees as per the latest available data. It operates as a subsidiary of Acme Chem Ltd.
As per MCA filings, the company has open charges of ₹362.38 Cr and satisfied charges of ₹601.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finorchem.com.
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Registered Address9E Saket Apartments 2 Ho Chi Minh Sarani, Kolkata, West Bengal, India – 700071
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IndustryChemicals and Materials, Specialty Chemicals
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Finorchem Limited
Finorchem Limited has undergone 3 name changes throughout its history. The company was previously known as Merchem Private Limited, Grove Chemicals Private Limited, and Merchem Limited. The current legal name is Finorchem Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Finorchem Limited | Current |
| Merchem Private Limited | Previous |
| Grove Chemicals Private Limited | Previous |
| Merchem Limited | Previous |
CIN History of Finorchem Limited
Finorchem Limited has one previous CIN (Corporate Identification Number): U24299KL1994PLC007681. The current CIN is U24299WB1994PLC240045, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24299WB1994PLC240045 | Current |
| U24299KL1994PLC007681 | Previous |
Business Activity of Finorchem Limited
Finorchem Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Finorchem Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Finorchem Limited
Finorchem Limited is audited by LODHA & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LODHA & CO | Locked | Locked | Locked |
Complete auditor history for Finorchem Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors and KMP of Finorchem Limited
Finorchem Limited currently reports 7 directors and 1 key managerial person. 28 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanathramnath Balasubramaniyan | Whole-Time Director | 10 Feb 2021 | 5 Years 6 Months | Current |
| Shyam Kumar Taparia | Whole-Time Director | 21 Nov 2022 | 3 Years 9 Months | Current |
| Balakrishnan Unnikrishnan Nair | Company Secretary | 10 Feb 2021 | 5 Years 6 Months | Current |
|
Aditi Holani
Also directs:
Acme Chem Ltd
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Whole-Time Director | 07 Dec 2021 | 4 Years 8 Months | Current |
| Narain Holani | Managing Director | 19 Mar 2019 | 7 Years 5 Months | Current |
| Varsha Holani | Whole-Time Director | 07 Dec 2021 | 4 Years 8 Months | Current |
Financials of Finorchem Limited FY 2025 filings available
Finorchem Limited reported revenue of ₹558.51 Cr (up 3.00% YoY) for FY 2025.
Ten-year financial statements for Finorchem Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Finorchem Limited
Shareholding and ownership data for Finorchem Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Finorchem Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2024 | Others | ₹13 Lakh | Open |
| 19 Jul 2024 | Others | ₹5.4 Lakh | Open |
| 03 May 2024 | Citi Bank N.A. | ₹37.81 Cr | Open |
| 12 Apr 2024 | Hdfc Bank Limited | ₹42.12 Lakh | Open |
| 04 Mar 2024 | Others | ₹30 Cr | Open |
Total charge records: 33 View all charges
Employees and EPFO Compliance at Finorchem Limited
Finorchem Limited has a workforce of 454 employees as of Apr 03, 2024.
Employee and EPFO history for Finorchem Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Finorchem Limited
GST registrations and filing compliance for Finorchem Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Finorchem Limited
Credit ratings, litigation, and regulatory alerts for Finorchem Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Finorchem Limited
MSME payment history for Finorchem Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Finorchem Limited
Corporate group structure for Finorchem Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Finorchem Limited
MCA filings and documents for Finorchem Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Finorchem Limited
Frequently Asked Questions about Finorchem Limited
Finorchem Limited is an active public limited company in the chemicals and materials sector based in Kolkata, West Bengal, India. It was incorporated on 31 January 1994 (32+ years old) and is registered under CIN U24299WB1994PLC240045. The company has 454 employees.
Finorchem Limited reported revenue of ₹558.51 Cr for FY 2025 (up 3.00% YoY).
The current directors and KMP of Finorchem Limited are:
- Vishwanathramnath Balasubramaniyan - Whole-Time Director
- Shyam Kumar Taparia - Whole-Time Director
- Balakrishnan Unnikrishnan Nair - Company Secretary
- Aditi Holani - Whole-Time Director
- Narain Holani - Managing Director
- Varsha Holani - Whole-Time Director
- Rishabh Holani - Whole-Time Director
- Bhanwarlal Ramkumar Joshi - Director
The primary industry of Finorchem Limited is chemicals and materials. The company specifically operates in specialty chemicals. The company is currently active in this sector.
Finorchem Limited can be reached at the registered office: 9E Saket Apartments 2 Ho Chi Minh Sarani, Kolkata, West Bengal, India – 700071, or through the website finorchem.com.
The authorised capital is ₹75 Cr, and the paid-up capital is ₹64.66 Cr.