About Golden Chem-Tech Limited
Data last updated:
Golden Chem-Tech Limited was a public limited company based in Chandigarh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 04 October 1995.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24200CH1995PLC017101. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.14 Cr. It was formerly known as Golden Mechtronics P Ltd. It was led by directors including Manit Gupta (Whole-Time Director) and Usha Gupta.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at SCO 14 Sector 7 Chandigarh, Chandigarh, India – 160018.
As per the financials filed for FY 2019, the company reported a revenue of ₹15.28 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹75.7 Lakh (net margin -5%) and EBITDA of ₹2.52 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company had satisfied charges of ₹5.57 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 2 cases are pending.
The last known website on record is stylam.com.
Company details
CIN history
Golden Chem-Tech has one previous CIN (Corporate Identification Number): U29246CH1995PLC017101. The current CIN is U24200CH1995PLC017101, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24200CH1995PLC017101 | Current |
| U29246CH1995PLC017101 | Previous |
Contact details
Golden Chem-Tech Limited's registered office is in Chandigarh, Chandigarh. Its website is stylam.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSCO 14 Sector 7 Chandigarh, Chandigarh, India – 160018
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Golden Chem-Tech Limited, buy the company report.
- 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
Business activity
The main business activities of Golden Chem-Tech are trade and manufacturing. In detail, this covers wholesale trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Golden Chem-Tech Limited, buy the company report.
Financials of Golden Chem-Tech Limited
FY 2019 filings availableGolden Chem-Tech Limited reported revenue of ₹15.28 Cr (up 25% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 25% growth in the latest year. EBITDA rose 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹15.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹75.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.5% | ||||
| Net Profit Margin | -5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Golden Chem-Tech Limited, buy the company report.
Board of directors of Golden Chem-Tech Limited
Golden Chem-Tech has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manit Gupta Also directs: Stylam Industries Limited, Stylam Panels Limited, Zeal Exim Private Limited and 4 more | Whole-Time Director | 15 Feb 2012 | 14 Years 8 Months | As last reported |
| Usha Gupta | Director | 15 Dec 2006 | 19 Years 10 Months | As last reported |
| Pushpa Gupta Also directs: S G Evershine Farms Private Limited | Director | 15 Dec 2006 | 19 Years 10 Months | As last reported |
| Jagdish Rai Gupta | Director | 07 Mar 2015 | 11 Years 7 Months | As last reported |
Peer comparison
Golden Chem-Tech Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Svar Specialty Private Limited | ₹15.44 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Golden Chem-Tech Limitedthis company | ₹15.28 Cr (FY 2019) | -₹75.7 Lakh | -5% | 25.0% | Chandigarh, India | |
| Unexbuild India Private Limited | ₹15.26 Cr (FY 2025) | -3.0% | Dombivli, Maharashtra, India | |||
| Sunny Chemicals Private Limited | ₹15.18 Cr (FY 2025) | 4.0% | Delhi, India |
To see the full peer comparison of Golden Chem-Tech Limited, buy the company report.
Auditor
Golden Chem-Tech Limited is audited by AKHIL RAMAN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKHIL RAMAN & ASSOCIATES | FY 2019 | 021433N |
Shareholding
The shareholding of Golden Chem-Tech Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Golden Chem-Tech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2010 | 10198868 | State Bank of Patiala | ₹1.8 Cr | Satisfied | |
| 13 Nov 2000 | 90182790 | State Bank of Patiala | ₹2.64 Cr | Satisfied | |
| 22 Jun 2000 | 90182735 | State Bank of Patiala | ₹1.14 Cr | Satisfied |
To see the full charge records of Golden Chem-Tech Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Golden Chem-Tech Limited has 9 court cases on record: 3 filed by Golden Chem-Tech, 6 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 6 | 2 |
| District courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed against the company by Pidilite Industries Ltd. | Pending |
| Bombay High Court | Court case (S) | Filed against the company by Pidilite Industries Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Pidilite Industries Ltd. | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (0405-Indirect Taxes Matters : Sales Tax Act (Central & various States)) | Filed by the company against an individual | Disposed |
To see the full case history of Golden Chem-Tech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Golden Chem-Tech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Golden Chem-Tech has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Golden Chem-Tech Limited, buy the company report.
Recent activity
Golden Chem-Tech Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Jagdish Rai Gupta was appointed as Director on 07 Mar 2015.
4 earlier events are in the company report.
Frequently asked questions
Golden Chem-Tech 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.
Golden Chem-Tech was a public limited company based in Chandigarh, India. The company worked in industrial chemicals, within the chemicals and materials industry. It was incorporated on 04 October 1995 and is registered under CIN U24200CH1995PLC017101. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Golden Chem-Tech was incorporated on 04 October 1995. It is registered with the Registrar of Companies, Chandigarh.
Golden Chem-Tech had 4 directors:
- Manit Gupta - Whole-Time Director
- Usha Gupta - Director
- Pushpa Gupta - Director
- Jagdish Rai Gupta - Director
The CIN (Corporate Identification Number) of Golden Chem-Tech is U24200CH1995PLC017101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Golden Chem-Tech is at SCO 14 Sector 7 Chandigarh, Chandigarh, India – 160018.
Golden Chem-Tech can be reached through the website stylam.com. Its registered office is in Chandigarh, India.
The latest financial statements of Golden Chem-Tech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
No. Golden Chem-Tech has 4 GST registrations on record and all of them are cancelled or inactive.
Golden Chem-Tech operated in the chemicals and materials industry, in the industrial chemicals segment.
The peers of Golden Chem-Tech by revenue are Svar Specialty Private Limited, Unexbuild India Private Limited, Sunny Chemicals Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (wholesale trading).
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