MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0004077
Florice Polychem LLP
Florice Polychem LLP - chemicals and materials in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹4.63 Cr
▲ 201% YoY
Net profit · FY 2022
₹11.95 Lakh
Net margin 2.6%
EBITDA · FY 2022
₹14.86 Lakh
EBITDA margin 3.2%
Open charges
₹1.55 Cr
Secured borrowings
LLP age
7 yrs
Est. 2019
Designated partners
3
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2024
Balance sheet date
About Florice Polychem LLP
Data last updated:
Florice Polychem LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 09 December 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAR-2588. Its GSTIN is 24AAGFF8678P1ZK (Gujarat).
It is led by designated partners including Ketan Govindbhai Saradva and Pankaj Pranjivan Kadivar.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Morbi, Gujarat.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹4.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.95 Lakh (net margin 2.6%) and EBITDA of ₹14.86 Lakh (EBITDA margin 3.2%).
As per MCA filings, the LLP has open charges of ₹1.55 Cr on record.
Florice Polychem LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0004077).
Company details
LLPIN AAR-2588
Incorporation Date 09 December 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0004077
Key People
Ketan Govindbhai Saradva Designated Partner Pankaj Pranjivan Kadivar Designated Partner Pareshkumar Jayantilal Law Designated Partner Recognitions & Rankings of Florice Polychem
Contact details
Florice Polychem LLP's registered office is in Morbi, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 58 – 59, Rafaleshwar GIDC, Morbi, Gujarat, India – 363642
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Florice Polychem LLP, buy the company report.
Comprehensive company report
Florice Polychem LLP - 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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Financials of Florice Polychem LLP
FY 2024 filings availableFlorice Polychem LLP reported revenue of ₹4.63 Cr (up 201% YoY) for FY 2022.
Revenue · FY 2022
₹4.63 Cr ▲ 201%
Net profit · FY 2022
₹11.95 Lakh margin 2.6%
EBITDA · FY 2022
₹14.86 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 201%
Revenue rose 201% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | |||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | ₹11.95 Lakh | ||
| Profit Transferred to Partners | |||
| Assets and Liabilities | |||
| Partners' Contribution | |||
| Reserves and Surplus | |||
| Secured Loans | |||
| Unsecured Loans | |||
| Trade Payables | |||
| Other Liabilities and Provisions | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Loans and Advances | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 2.6% | ||
| Return on Partners' Funds | |||
| Return on Assets | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Debt to Partners' Funds | |||
| Interest Coverage | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Turnover Growth | |||
| Profit Growth | |||
To see the full financial statements and ratios of Florice Polychem LLP, buy the company report.
Designated partners of Florice Polychem LLP
Florice Polychem has 3 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Govindbhai Saradva Also directs: S & B Agroyield LLP | Designated Partner | 09 Dec 2019 | 6 Years 10 Months | Current |
| Pankaj Pranjivan Kadivar Also directs: Takshvi Industries LLP, J-Div Enterprise LLP | Designated Partner | 09 Dec 2019 | 6 Years 10 Months | Current |
| Pareshkumar Jayantilal Law | Designated Partner | 31 Oct 2022 | 3 Years 11 Months | Current |
Charges & borrowings
Open charges
₹1.55 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 2023 | 100935219 | Icici Bank Limited | ₹1.55 Cr | Open |
To see the full charge records of Florice Polychem LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Florice Polychem LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Florice Polychem LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Florice Polychem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGFF8678P1ZK | Gujarat | Active | 19 Dec 2019 |
To see the full GST registrations and return filing status of Florice Polychem LLP, buy the company report.
Recent activity
Florice Polychem LLP has 5 designated partner changes on record since 2019: 4 appointments and 1 cessation. The latest: Pankaj Pranjivan Kadivar ceased to be Partner on 10 Mar 2023.
AGM
Florice Polychem Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Charges
A charge with Icici Bank Limited of Rs. 15,500,000.00 registered on 23 May 2023 with Charge ID 100935219 was modified on 13 Jun 2024.
Filing
Florice Polychem Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Icici Bank Limited amounted to Rs. 15,500,000.00 with Charge ID 100935219 was registered on 23 May 2023.
Ceased
Pankaj Pranjivan Kadivar ceased to be Partner.
Appointed
Pareshkumar Jayantilal Law was appointed as Designated Partner.
Appointed
Amit Amrutlal Andodariya was appointed as Partner.
Appointed
Ketan Govindbhai Saradva was appointed as Designated Partner.
Appointed
Pankaj Pranjivan Kadivar was appointed as Designated Partner.
Incorporation
09 Dec 2019
Florice Polychem Llp was registered on 09 Dec 2019 with Roc Ahmedabad & aged 6 years 10 months as per MCA records.
Frequently asked questions
Florice Polychem is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 09 December 2019 (7+ years old) and is registered under LLPIN AAR-2588.
Florice Polychem has 3 current designated partners:
- Ketan Govindbhai Saradva - Designated Partner
- Pankaj Pranjivan Kadivar - Designated Partner
- Pareshkumar Jayantilal Law - Designated Partner
The latest financial statements of Florice Polychem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Florice Polychem is 24AAGFF8678P1ZK, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Florice Polychem is AAR-2588. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Florice Polychem was incorporated on 09 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pankaj Pranjivan Kadivar ceased to be Partner on 10 Mar 2023. Pareshkumar Jayantilal Law was appointed as Designated Partner on 31 Oct 2022. Amit Amrutlal Andodariya was appointed as Partner on 31 Oct 2021. Florice Polychem has 5 designated partner changes on record in total.
Yes, Florice Polychem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0004077).
The registered office of Florice Polychem is at Plot No. 58 – 59, Rafaleshwar GIDC, Morbi, Gujarat, India – 363642.
Florice Polychem operates in the chemicals and materials industry, in the industrial chemicals segment.