Finorchem Limited, a active public limited company, was established on 31 January 1994 in Kolkata, West Bengal, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U24299WB1994PLC240045. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹75.00 Cr and a paid-up capital of ₹64.66 Cr.
Formerly known as Merchem Private Limited, Grove Chemicals Private Limited. It upholds a compliant status. Employing 454 professional, Its leadership includes Vishwanathramnath Balasubramaniyan (Whole-Time Director), Aditi Holani (Whole-Time Director), Narain Holani (Managing Director). Past directors included Krishnamurthy Mythili, Raj Durairaj, Balasubramanian Jayamani. It holds ₹367.57 Cr open charges and ₹601.49 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 9E, Saket Apartments, 2, Ho Chi Minh Sarani,, Kolkata, West Bengal, 700071.
U24299WB1994PLC240045
240045
31 January 1994
₹75.00 Cr
₹64.66 Cr
Roc Kolkata
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishwanathramnath Balasubramaniyan | Whole-Time Director | 10 Feb 2021 | Current |
| Aditi Holani | Whole-Time Director | 07 Dec 2021 | Current |
| Narain Holani | Managing Director | 19 Mar 2019 | Current |
| Varsha Holani | Whole-Time Director | 07 Dec 2021 | Current |
| Rishabh Holani | Whole-Time Director | 19 Mar 2019 | Current |
| Bhanwarlal Ramkumar Joshi | Director | 11 Oct 2022 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Nominee Director | 25 Jun 2009 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2022 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2022 | Past |
| Pramod Abcsdd | Nominee Director | 25 Jul 2008 | Past |
| Pramod Abcsdd | Director | 19 Mar 2019 | Past |
| Pramod Abcsdd | Additional Director | 29 Dec 2021 | Past |
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Finorchem Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.96% increase. The company also saw a substantial fall in profitability, with a 21.58% decrease in profit. The company's net worth Soared by an impressive increase of 19.95%.
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In 2023, Finorchem had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹3,675,702,000.00
₹6,014,940,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2024 | Others | ₹1.30 M | Open |
| 19 Jul 2024 | Others | ₹0.54 M | Open |
| 03 May 2024 | Citi Bank N.A. | ₹43.00 Cr | Open |
| 12 Apr 2024 | Hdfc Bank Limited | ₹4.21 M | Open |
| 04 Mar 2024 | Others | ₹30.00 Cr | Open |
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Finorchem has a workforce of 454 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Finorchem, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Finorchem's trajectory.
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Progress on A charge with Citi Bank N.A. of Rs. 43.00 Cr registered on 03 May 2024 with Charge ID 100912752 was modified on 09 Oct 2025. was documented.
Progress on A charge registered on 11 Apr 2023 via Charge ID 100719900 with Hdfc Bank Limited was fully satisfied on 29 Aug 2025. was documented.
Progress on A charge with Axis Bank Limited of Rs. 35.00 Cr registered on 23 Jul 2021 with Charge ID 100468227 was modified on 16 Apr 2025. was documented.
A charge with Yes Bank Limited of Rs. 60.00 Cr registered on 27 Jan 2020 with Charge ID 100360377 was modified on 18 Mar 2025. was recorded as a recent event.
Finorchem Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
Progress on A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100966965 was registered on 23 Aug 2024. was documented.
The CIN of Finorchem Limited is U24299WB1994PLC240045.
Finorchem Limited is headquartered at 9E, Saket Apartments, 2, Ho Chi Minh Sarani,, Kolkata, West Bengal, 700071.
Finorchem Limited was incorporated on 31 January 1994.
The current directors of Finorchem Limited are
The primary industry of Finorchem Limited is Manufacturing.
Finorchem Limited is unlisted.
The authorized capital of Finorchem Limited is ₹75.00 Cr, and the paid-up capital is ₹64.66 Cr.
The compliance status of Finorchem Limited is Compliant.
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