Finornic Chemicals (India) Pvt Ltd - Company Profile

It is a chemicals and materials private limited company based in Mumbai, Maharashtra, India, established in 1991.
1991 Mumbai, Maharashtra, India Active
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About Finornic Chemicals (India) Pvt Ltd

Finornic Chemicals (India) Pvt Ltd, a active private limited company, was established on 15 November 1991 in Mumbai, Maharashtra, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U24100MH1991PTC064012. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹3.50 M.

It upholds a compliant status. Employing 42 professional, Its leadership includes Jatin Shah Doongarshi (Director), Manish Shah Doongarshi (Director), Doongarshi Shah Ratanshi (Director). Past directors included Mahalaxmi Subramanian, Subramanian Raman, Kartik Subramanian. It holds ₹5.13 Cr open charges and ₹12.23 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 503, Odina, 10, Central Avenue, Santacruz (West), Mumbai, Maharashtra, 400054.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24100MH1991PTC064012

  • Registration Number

    064012

  • Incorporation Date

    15 November 1991

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹3.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.13 Cr
  • Satisfied Charges ₹ 12.23 Cr
  • Revenue Growth **** -0.51%
  • Profit Growth **** -53.85%
  • Ebitda **** -8.67%
  • Net Worth 15.07%
  • Total Assets **** 31.51%
Company report

Finornic Chemicals (India) Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Finornic Chemicals (India) Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Finornic Chemicals (India) Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Jatin Shah Doongarshi Director 12 Dec 1997 Current
Manish Shah Doongarshi Director 18 Aug 1992 Current
Doongarshi Shah Ratanshi Director 15 Nov 1991 Current
Jasmine Shah Jatin Director 01 Apr 2011 Current
Seema Shah Manish Director 01 Apr 2011 Current
Manjula Shah Doongarshi Director 01 Apr 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2009 Past
Pramod Abcsdd Director 01 Apr 2009 Past
Pramod Abcsdd Director 01 Apr 2009 Past
Pramod Abcsdd Director 01 Dec 2010 Past
Pramod Abcsdd Director 01 Dec 2010 Past
Pramod Abcsdd Director 01 Dec 2010 Past

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Financial Performance of Finornic Chemicals (India).

Finornic Chemicals (India) Pvt Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.51% decrease. The company also saw a substantial fall in profitability, with a 53.85% decrease in profit. The company's net worth Soared by an impressive increase of 15.07%.

Finornic Chemicals (India) revenue growth over time
Finornic Chemicals (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -0.51%
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*******
*******
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Revenue from Operations
*******
 -0.10%
*******
*******
*******
*******
Total Assets
*******
 31.51%
*******
*******
*******
*******
Profit or Loss
*******
 -53.85%
*******
*******
*******
*******
Net Worth
*******
 15.07%
*******
*******
*******
*******
EBITDA
*******
 -8.67%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Finornic Chemicals (India)?

In 2023, Finornic Chemicals (India) had a public holding of 5.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹51,289,000.00

Satisfied Charges

₹122,300,000.00

Charges Breakdown by Lending Institutions
  • Yes Bank Limited : 5.00 Cr
  • Hdfc Bank Limited : 0.13 Cr
Latest Charge Details
Date Lender Amount Status
29 Dec 2023 Hdfc Bank Limited ₹1.29 M Open
16 Mar 2019 Yes Bank Limited ₹5.00 Cr Open
12 Sep 2014 Others ₹2.50 Cr Satisfied
12 Sep 2014 Bank Of Baroda ₹1.50 Cr Satisfied
19 Apr 2011 Bank Of Baroda ₹1.00 Cr Satisfied

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How Many Employees Work at Finornic Chemicals (India)?

Finornic Chemicals (India) has a workforce of 42 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finornic Chemicals (India), 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 Finornic Chemicals (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Finornic Chemicals (India)
Recent Activity within the Organization
  • Annual General Meeting

    Finornic Chemicals (India) Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Finornic Chemicals (India) Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.29 M with Charge ID 100842717 was registered on 29 Dec 2023. was recorded as a recent event.

  • Charges

    Progress on A charge with Yes Bank Limited of Rs. 50.00 M registered on 16 Mar 2019 with Charge ID 100255311 was modified on 16 Mar 2022. was documented.

  • Charges

    The activity A charge registered on 12 Sep 2014 via Charge ID 10522275 with Bank Of Baroda was fully satisfied on 10 May 2019. was completed.

  • Charges

    The activity A charge registered on 12 Sep 2014 via Charge ID 10522279 with Others was fully satisfied on 10 May 2019. was completed.

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Frequently Asked Questions
What is the CIN of Finornic Chemicals (India) Pvt Ltd?

The CIN of Finornic Chemicals (India) Pvt Ltd is U24100MH1991PTC064012.

Where is Finornic Chemicals (India) Pvt Ltd headquartered?

Finornic Chemicals (India) Pvt Ltd is headquartered at 503, Odina, 10, Central Avenue, Santacruz (West), Mumbai, Maharashtra, 400054.

When was Finornic Chemicals (India) Pvt Ltd incorporated?

Finornic Chemicals (India) Pvt Ltd was incorporated on 15 November 1991.

Who are the current directors of Finornic Chemicals (India) Pvt Ltd?

The current directors of Finornic Chemicals (India) Pvt Ltd are

What is the primary industry of Finornic Chemicals (India) Pvt Ltd?

The primary industry of Finornic Chemicals (India) Pvt Ltd is Manufacturing.

Is Finornic Chemicals (India) Pvt Ltd a listed company?

Finornic Chemicals (India) Pvt Ltd is unlisted.

What is the capital structure of Finornic Chemicals (India) Pvt Ltd?

The authorized capital of Finornic Chemicals (India) Pvt Ltd is ₹4.00 M, and the paid-up capital is ₹3.50 M.

What is the compliance status of Finornic Chemicals (India) Pvt Ltd?

The compliance status of Finornic Chemicals (India) Pvt Ltd is Compliant.

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